StructureCost2026

What an LLC costs in Rhode Island (2026)

Forming an LLC in Rhode Island costs $150. After that the state charges Annual Report (Form 632), $50 a year, and LLCs owe Rhode Island LLC annual charge.

CostAmountWhen
Articles of Organization (Form 400)$150Once, to formdocs.sos.ri.gov
Annual Report (Form 632)Annual Report (Form 632), $50 a yearBetween February 1 and May 1docs.sos.ri.gov
Rhode Island LLC annual charge$400 at $150,000 revenueYearlytax.ri.gov

LLC taxes in Rhode Island by revenue

RevenueRhode Island LLC annual chargeTotal with report fee
$50,000$400$450
$150,000$400$450
$500,000$400$450
$1,000,000$400$450
$3,000,000$400$450

Profit taken as two thirds of revenue where a tax is on net income.

Rhode Island LLC annual charge: Annual fee equal to the corporate minimum tax, paid with Form RI-1065, including single-member LLCs.

What else an LLC owner pays

The fees above are what the state charges the LLC. The bigger cost is tax on the profit: a single-member LLC pays the same income tax and self-employment tax as a sole proprietor. At $100,000 of profit that comes to $25,530 a year in Rhode Island, fees included. An S corp election can lower it: LLC vs S corp in Rhode Island.

LLCs also pay a $400 annual charge to the Division of Taxation.

Questions

How much does it cost to start an LLC in Rhode Island?

$150 to file the Articles of Organization (Form 400).

How much does an LLC cost per year in Rhode Island?

Annual Report (Form 632), $50 a year, plus Rhode Island LLC annual charge: $400 for a business with $150,000 of revenue and $100,000 of profit.

When is the Rhode Island LLC report due?

Between February 1 and May 1.

Does an LLC pay Rhode Island income tax?

Not by itself, in most cases: a single-member LLC's profit is taxed on the owner's return. Rhode Island taxes personal income in 3 brackets, from 3.75% to 5.99% (2026, single filer).

Other states