Rhode Island Limited Liability Company / Form a Rhode Island LLC

Form a Rhode Island LLC (Limited Liability Company)

Rhode Island LLC Formation Service $99!*

*Plus state fees for all 50 States and D.C. Prices may vary for USA territories.

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InCorp leads the industry with low-cost and cutting-edge services we provide in forming your new Corporation, Rhode Island Limited Liability Company (LLC), or any other form of business entity in all 50 U.S. states, including Washington D.C., the U.S. Virgin Islands, and Puerto Rico!

What Is an LLC?

Rhode Island Limited Liability Companies or "LLCs" are unique forms of businesses that merge various beneficial aspects of partnerships, sole proprietorships, and corporations into simple, easy and flexible business structures commonly used and favored amongst many small business owners.

How Can Forming a Rhode Island Limited Liability Company Help Your Business?

  • Easy to Run

    The ideas that the LLC structure was based on were intended to provide businesses the freedom to contract. This means that owners must only agree with themselves in figuring out how their business will be run, and this agreement will be upheld in court. LLCs are not subject to some of the same regulations as corporations, such as resolutions, amendments, meeting minutes, and annual board meetings. In most states, if corporations fail to meet these regulations, they can lose their asset and liability protection that is regularly applied to the corporate structure. Nevada is unlike other states, as these legal protections would not be removed (except in the presence of fraud), as these corporate procedures are not required by law. Again, each set of circumstances is different and will help the business decide whether an LLC or a corporation is best.

  • Tax Advantages

    With an LLC, the business will be legally separated from the business owners (like a corporation), but it can elect to be treated as a partnership for tax purposes. If this were the case, the LLC would not pay any taxes itself, and the income would be passed through to the business owners in the same way as partnerships. The tax rules applicable to partnerships are more flexible than corporations, allowing for more freedom and maneuverability in preparing for taxes. Businesses can find ways to maximize the tax breaks that they qualify for. Your business's specific circumstances will determine whether an LLC or a corporation gives you better tax advantages.

  • Ability to Raise Capital

    Businesses that are structured as LLCs can easily add new owners (called members), and there is no limitation regarding the number of owners and investors that can be added. The additional members can be comprised of individuals, corporations, trusts, and pension plans, none of which must be in the same state or even the U.S. An LLC or corporation can be formed in a state where the owners themselves do not personally live. For instance, someone could create an LLC in the business-friendly state of Nevada without physically having been to the state itself.

  • Liability and Asset Protection

    Today's society is very "lawsuit-friendly," which is why it is of the utmost importance that you create a protective legal barrier between yourself and your creditors. As an entirely separate legal entity, your LLC will separate you from the business itself and protect you. There is no personal liability for any of the LLC's debts, including those related to contracts or torts with an LLC. To a large extent, your operating agreement can include any procedures and rules that the relevant parties agree to and once put into place. It can simply exist without the need to update or maintain it. This initial drafting of your operating agreement is essential because it needs to follow and comply with any IRS or state regulations in order for the LLC to be taxed as a partnership instead of as a corporation.

  • Co-Owner Liability

    In all U.S. states, LLC owners (members) are not typically held personally liable for another co-owner's or employee's wrongdoings. Corporations also protect this type of personal liability, while partnerships and sole proprietorships do not.

    Suppose an LLC is held responsible for negligence or wrongful actions of an employee or another owner. In that case, it can have financial assets or property taken from it due to an unfavorable judgment against it. The innocent LLC members will not be held personally liable; however, the owner or employee who perpetrated the act can be held personally responsible for their actions.

Why choose InCorp Services to form your Rhode Island LLC?

  • Help Prevent Corporate Identity Theft

    EntityWatch® advises you of changes to help prevent corporate identity theft. Through EntityWatch®, the innovative and proprietary technology developed first by InCorp, our information system ties into most of the state databases to give you up-to-date information on the status of your entities including the filing status, the current registered agent, officers, and directors.

  • Consolidate Expenses

    For multi-state companies, you will receive a consolidated bill for all your business entities in every state hosted.

llc registration testimonial

"We have used InCorp services for 10 yrs and strongly recommend them."

Ramesh K.

  • Save Money

    For over 20 years we have provided top-tier service with one of the lowest prices in the industry and have only raised our prices one time (while many of our competitors raise their prices on their long-term clients yearly!) Our standard fee to Form your LLC is $99 and to serve as your Rhode Island registered agent is only $129 per state per year! And you can save even more when you choose multi-year registered agent service.

  • Fast Support and Service

    Over-the-counter expedited business document filing service are available for most states. Receive notification of all service of process forms in real-time and receive said service of process within 24-hours of receipt via Express Mail, facsimile, or email.

  • File Correctly with Expert Assistance

    InCorp allows you the choice between either filing yourself online with our secure order system or utilizing the expertise and knowledge of our dedicated staff to assist you in the process of corporate or LLC formation. The options we provide to our clients and our dedication to quality customer service and technology are why InCorp is the distinguished choice amongst beginners and experienced accounting and law firms in LLC formation and registered agent services.

  • Registered Agent Service in Rhode Island & Nationwide

    Like corporations and other business structures, limited liability companies typically require a registered agent to be legally compliant. InCorp is excited to help you meet this need for your business.

    Don't delay in implementing the legal protections afforded to you by the law!

Still unsure whether to choose an LLC for your business?

Business structures need to be chosen for the right reasons. We will gladly assist you in making the right choice!

If you are considering starting a new business and are researching various options, it's important that you are able to understand your options regarding LLC creation. With InCorp, you can have no doubt that our knowledgeable and experienced business experts are going to help you throughout the entire process of incorporation, step by step. We will make sure that you have a broad understanding of what your business entity can do for you. We will also gladly assure you that we will beat any competitor's price points for incorporating a business, LLC formation, or any of our other business services or products that we offer our customers.

Read our Why Should I Incorporate page or Compare Entity Types page for more information.

Rhode Island LLC Frequently Asked Questions

"LLC" and "Corporation" have many of the same characteristics. The most important characteristic they share is that they both offer limited liability protection to their owners. Typically, shareholders are not liable for the debts and obligations of the corporation; thus, creditors will not come knocking at the door of a shareholder to pay the debts of the corporation. In a partnership or sole proprietorship, the owner's personal assets may be used to pay debts of the business. With an LLC, the members are not personally liable for the debts and obligations of the corporation. There are many important differences between the corporation and LLC. The entities are taxed differently. An LLC is a pass-through tax entity. This means that the income to the entity is not taxed at the entity level; however, the entity does complete a tax return. The income or loss as shown on this return is "passed through" the business entity to the individual shareholders or interest holders, and is reported on their individual tax returns. With a standard corporation, the corporation is a separately taxable entity. Corporations are treated as separate legal taxable entities for income tax purposes. Therefore, corporations pay tax on their earnings. If corporate earnings are distributed to shareholders in the form of dividends, the corporation does not receive the reasonable business expense deduction, and dividend income is taxed as regular income to the shareholders. Thus, to the extent that earnings are distributed to shareholders as dividends, there is a double tax on earnings at the corporate and shareholder level.

In terms of reporting income, they are quite similar. The LLC is somewhat less restrictive than the "S" corporation. There can be any number of members, and there are few restrictions on who those members may be. They are also a relatively new entity, so there is not as great a definitive body of tax rulings on them as there is with corporations.

Getting started is easier than you think! Click here to build and price your new LLC , or call us at 1-800-2INCORP (1-800-246-2677) today to speak with one of our consultants. We will give you a free consultation with no obligation to purchase!

We can begin today and in some cases (like Nevada), have your corporation formed within 24-hours. All states differ in the turnaround time of their processing of your corporation. However, through relations with the various state offices, we strive to maintain the fastest turn-around times in the industry. Call and speak with one of our consultants to obtain the average turn-around time for any given state.

In most cases, the answer is no. In most states, InCorp assigns itself as the "incorporator" and is able to file all of the paperwork without an officer's signature. Some states require the officer's signatures on the Articles of Incorporation. In those cases, we will overnight the documents to you for your signature and have you return them to us, or use a facsimile signature to fulfill the requirement. In either case, you are not required to be present to form your corporation.

No. This is a common misconception among small-business owners, usually fostered by advice from an inexperienced accountant. Any seasoned advisor will tell you that incorporating is the first and foremost thing you should do when starting a business. Forming an LLC will not only save you taxes but it will also limit your exposure to IRS audits by separating your personal and business expenses.

The title of the document filed in many states to register a limited liability company (LLC) with the state. Also known as articles of formation.

Managers are the individuals who are responsible for the maintenance, administration and management of the affairs of a limited liability company (LLC). In most states, the managers serve a particular term and report to and serve at the discretion of the members. Specific duties of the managers may be detailed in the articles of organization or the operating agreement of the LLC. In some states, the members of an LLC may also serve as the managers.

The owner(s) of a limited liability company (LLC are the Members. Unless the articles of organization or operating agreement provide otherwise, management of an LLC is vested in the members in proportion to their ownership interest in the company.

Rhode Island State Fees

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How to order an LLC with Registered Agent Service