Rhode Island LLC Cost (2026): State filing fee: $150. Ongoing state minimum: $450 per year (the $50 annual report plus the $400 minimum annual tax paid to the Rhode Island Division of Taxation). Franchise tax: No franchise tax, but a $400 minimum annual tax applies to LLCs (paid... 3-year total (DIY, self as agent): $1,050. 3-year total (Northwest Registered Agent): $1,339. All figures effective 2026.

Rhode Island LLC Cost (2026): Complete Breakdown of Every Fee

This page breaks down every cost of forming and maintaining a Rhode Island LLC in 2026: the one-time state filing fee, the mandatory annual costs, optional and situation-specific fees, and the true three-year total under each formation option. Every figure is drawn from the Rhode Island Department of State and cross-checked against our Rhode Island LLC formation guide.

The number most people search for is the formation fee: $150. What this page adds is the complete picture: the ongoing state minimum ($450 per year, which is the $50 annual report plus the $400 minimum annual tax paid to the Rhode Island Division of Taxation), when each item is due, what happens if you miss a deadline, and how total costs compare across formation options over three years.

Rhode Island LLC costs at a glance: the three figures below highlight this state's key numbers: the one-time state filing fee plus the main ongoing state fees or taxes. Each is explained in full in the sections that follow.

$150
State filing fee (one-time)
$50
Annual report (Form 632)
$450/yr
Report + min tax

One-Time Formation Costs

Cost ItemAmountNotes
Formation service fee (optional)$0 to $300+Northwest Registered Agent: $39; ZenBusiness: $0; LegalZoom: $0-$279
Registered agent (Year 1, if using service)$0 to $300Northwest: free with formation; ZenBusiness: $99 first year
Formation cost with Northwest Registered Agent$189$150 state fee + $39 service (includes free Year 1 registered agent)
Minimum formation cost (DIY, self as agent)$150State filing fee only
State filing fee$150Paid to the Rhode Island Department of State; non-refundable
Operating agreement$0 to $1,000Not filed with the state; templates free online; attorney-drafted $400-$1,000
EIN (federal tax ID)$0Free directly from IRS.gov; never pay a service for this
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Rhode Island state note: Rhode Island LLCs owe a $400 minimum annual tax to the Division of Taxation in addition to the $50 annual report.

Annual Recurring Costs

Cost ItemAmountDue DateNotes
Registered agent (professional service)$125 to $300/yearAnnual renewalNorthwest: $125; ZenBusiness: $199; others: $150-$300
Annual report (Form 632)$50filed February 1 - May 1Filed with the Rhode Island Department of State
Late annual report (form 632) penalty$25 late penalty (after May 31)After deadlineAvoid by filing on time
State income taxVariesAnnualPaid on your personal return for pass-through LLCs
Franchise / special tax$450/yrVariesNo franchise tax, but a $400 minimum annual tax applies to LLCs (paid to the RI Division of Taxation)
Annual minimum (DIY, no RA service)$450VariesThe $50 annual report plus the $400 minimum annual tax paid to the Rhode Island Division of Taxation
Annual total (with Northwest RA)$575VariesState minimum + $125 registered agent

True 3-Year Total Cost Comparison

The formation fee is paid once. What actually determines your LLC's affordability is the total cost over the years you operate it. Here is the 3-year total under each formation option .

ScenarioYear 1Year 2Year 33-Year Total
Northwest Registered Agent$189 ($150 state + $39 service, RA free)$575 ($450 state min + $125 RA)$575$1,339
ZenBusiness (Starter)$249 ($150 state + $0 service + $99 RA)$649 ($450 state min + $199 RA)$649$1,547
DIY, self as registered agent$150 (filing)$450 (state minimum)$450$1,050

Finding: Over three years, the difference between DIY (self as agent) and Northwest Registered Agent is $289. That covers registered agent service, keeping your home address off the public record, and compliance reminders so you never miss a filing deadline. For most owners who do not want their home address public, that is a worthwhile trade.

Optional and Situation-Specific Costs

These costs apply only in specific situations. Exact amounts vary; verify current fees with the Rhode Island Department of State before filing.

Cost ItemTypical AmountWhen You'd Pay This
Certified copy of formation documents$10 to $50Some banks and contracts require one
Certificate of Good Standing$10 to $50Required for foreign registration or financing in other states
Registered agent change$0 to $25When switching registered agents
Amendment to formation documents$25 to $100Changing LLC name, address, or other formation details
DBA / trade name registration$10 to $50Operating under a name different from your LLC name
Expedited processingVaries by stateWhen you need faster approval than standard processing
Dissolution filing$0 to $100When formally closing the LLC
Local business license$50 to $500/yearVaries by city/county; many localities require one

Rhode Island LLC Cost vs. Other States

Here is how Rhode Island compares with several commonly referenced states, using the same 3-year state-minimum methodology (filing fee plus two years of the ongoing state minimum):

StateFormation FeeAnnual State MinimumIncome Tax3-Year State Minimum
Rhode Island$150$450Yes$1,050
Wyoming$100$60None$220
Texas$300$0None$300
California$70$810None personal / $800 franchise$1,690
New York$205$29.50Up to 10.9%$264 + publication
Delaware$110$300None (out-of-state)$710

Finding: Rhode Island is on the higher side for ongoing state costs. Weigh that against forming in your actual home state, which is almost always the right choice for a business that operates there.

Best Formation Service for Rhode Island: Cost Comparison

ServiceService FeeYear 1 RAYear 2+ RAPrivacyBest For
Northwest Registered Agent$39Free$125/yrData never sold; no third-party sharingBest overall: privacy + support + value
ZenBusiness$0$99$199/yr*Standard privacy protectionsAll-in-one platform with added business tools
DIY (file directly)$0$0 (self)$0 (self)Your home address publicAbsolute minimum cost

*ZenBusiness registered agent is $99 the first year, then renews at $199/year; its Worry-Free Compliance service also renews at $199/year. Northwest's registered agent is a flat $125/year with no separate compliance charge.

Form your Rhode Island LLC for $39 + $150 state fee.
Northwest Registered Agent: $39 formation, free Year 1 registered agent, compliance reminders, and your home address kept off public records.

Form My Rhode Island LLC for $39
Alternative: ZenBusiness ($0 service fee)

When a Rhode Island LLC Is Not Worth the Cost

An LLC is a great fit for many businesses, but there are situations where the cost outweighs the benefit:

  • Pre-revenue or very low-revenue side project: If your business earns little, the annual state costs and any registered agent fee are pure overhead. Operating as a sole proprietor is free until the business is generating real income.
  • You plan to keep the LLC dormant: A Rhode Island LLC with no activity still owes its ongoing state costs until it is formally dissolved. Dormant LLCs accumulate fees and risk administrative dissolution if a filing lapses.
  • You are not actually in Rhode Island: Forming here when your business operates elsewhere adds compliance costs and often a second registered agent fee with no benefit. Form in the state where you actually do business.

Why I Choose Northwest Registered Agent

Frédéric Deltour

After forming 3 LLCs myself and helping clients through the process, I keep coming back to Northwest Registered Agent. Here is why:

  • Remarkable Customer Support: Quick, human responses every time.
  • Caring & Privacy-Focused: Genuine service with full respect for your privacy.
  • Lightning-Fast Formation: Often faster than promised.
  • Incredible Value: $39 includes a free business address, mail scanning, and more.
  • Clear & Transparent: No hidden fees or surprises.

Ready to form your business? Choose Northwest today!

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Frequently Asked Questions

How much does a Rhode Island LLC cost?

The minimum cost to form a Rhode Island LLC is $150 (state filing fee). The ongoing state minimum is $450 per year (the $50 annual report plus the $400 minimum annual tax paid to the Rhode Island Division of Taxation). Using Northwest Registered Agent adds $39 for year one, then $125/year for registered agent service. 3-year total with Northwest: $1,339.

What is the Rhode Island LLC annual report (form 632) fee?

The Rhode Island LLC annual report (form 632) costs $50. It is due filed February 1 - May 1. Late filing: $25 late penalty (after May 31).

Does Rhode Island charge franchise tax or income tax on LLCs?

Franchise tax: No franchise tax, but a $400 minimum annual tax applies to LLCs (paid to the RI Division of Taxation). Income tax: Graduated 3.75%-5.99%.

What is the cheapest way to form an LLC in Rhode Island?

File directly with the Rhode Island Department of State for $150 and serve as your own registered agent (free if you have a Rhode Island address). A formation service like Northwest Registered Agent ($39) or ZenBusiness ($0 service fee) adds a small upfront cost but includes registered agent service and compliance reminders.

What is the true 3-year cost of a Rhode Island LLC?

Over three years, the DIY minimum (serving as your own registered agent) is about $1,050. With Northwest Registered Agent the 3-year total is about $1,339, and with ZenBusiness about $1,547. The difference buys registered agent service, privacy for your home address, and compliance reminders.

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Frédéric Deltour
Frédéric Deltour Entrepreneur, Business Consultant & Author · 22+ years experience

In his 22 years of entrepreneurship, Frédéric Deltour has founded, grown and managed seven NGO's and international companies across diverse industries, including 3 LLCs formed using Northwest Registered Agent. He is a recognized therapist trainer, a published author, and has been featured in Le Parisien, IMDb, Goodreads, and international encyclopedias.

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