Each state has different requirements for forming a corporation. Whether you are starting a business or incorporating a business already in existence, you’ll want to understand state requirements for Rhode Island incorporation.
The name must contain either the word or abbreviation of "Corporation," "Company," "Incorporated" or "Limited." The name must not be deceptively similar to that of any domestic or foreign corporation, limited partnership or foreign limited partnership authorized to do business in the state or to any reserved or registered name unless written consent is obtained from the holder of such name. It may not contain any word implying the corporation was formed for a purpose for which it is not organized.
The following are Rhode Island’s requirements for directors of corporations:
The document required to form a corporation in Rhode Island is called the Articles of Incorporation. The information required in the formation document varies by state. Rhode Island's requirements include:
Rhode Island allows professionals, such as accountants, attorneys and physicians, to form a professional corporation (PC).
After forming a corporation, you must undertake certain steps on an ongoing basis to keep your business in compliance. These steps are also important in preserving the limited liability a corporation provides its owners. This guide outlines the ongoing requirements for Rhode Island corporations.
Rhode Island corporations must keep the following items with their corporate records at the principal place of business or registered office:
The following are taxation requirements and ongoing fees for Rhode Island corporations:
Business licenses and/or permits are required for most businesses. The BizFilings Business License Application Package can help you stay on top of these requirements.
Rhode Island recognizes the federal S corporation election and does not require a state-level S corporation election.
The state in which you form your company can provide certain benefits.
Start your business with confidence. We offer various incorporation packages to get your business up and running. Starting from $99 and includes 6 months FREE Registered Agent services.