Updated August 10, 2026. Quick answer. Forming an LLC in Rhode Island costs $150 to file, and an ongoing report requirement ($50). Five-year total: $2,400 over five years, every component verified.
What it actually costs
| Item | Amount |
|---|---|
| Formation filing fee | $150 |
| Annual/biennial report | $50 |
| Franchise / minimum tax | $400 annual charge |
| Publication requirement | No newspaper publication requirement was found. |
Five-year cost of ownership: $2,400 over five years, every component verified. Publication cost is excluded from this figure — it’s county-driven where it applies, not state-driven, so a single number would be wrong for most filers.
The trap worth knowing before you file
Other statutory URLs used: https://webserver.rilegislature.gov/Statutes/TITLE7/7-16/7-16-66.HTM, https://webserver.rilegislature.gov/Statutes/TITLE7/7-16/7-16-67.HTM, https://webserver.rilegislature.gov/Statutes/TITLE44/44-11/44-11-2.HTM, plus the chapter index at https://webserver.rilegislature.gov/Statutes/TITLE7/7-16/INDEX.HTM which is how I found that the annual charge lives in § 7-16-67 rather than in the fee section. Agency page used for corroboration of the annual report window and late fee: https://www.sos.ri.gov/divisions/business-services/ri-business/file-your-annual-report (official
Source
R.I. Gen. Laws § 7-16-65 (filing, service and copying fees); § 7-16-66 (annual report); § 7-16-67 (annual charge); § 44-11-2(e) (minimum tax). Read 2026-08-06 from statute. Formation-service sites were not used as a source for this figure.
If the LLC already exists somewhere else
Everything above prices forming a new Rhode Island LLC. A company that already exists in another state does not have to be dissolved and re-formed: Rhode Island takes it in as the same legal entity by the route its own code captions conversion, R.I. Gen. Laws § 7-16-5.1, and the entity-law filing fee for it is $50 — a separate filing from the formation costs above. Going the other way, a Rhode Island LLC may leave for another US state under R.I. Gen. Laws § 7-16-5.2. Either way the move needs both ends to allow it — the state being left as well as the state being joined — which is where most published advice goes wrong.
How to Move an LLC to Another State · LLC Domestication by State: All 51 Jurisdictions, With the Statute
Once the LLC exists, an operating agreement is what actually runs it
This is free to browse and there is no obligation to buy anything — LawDepot builds a state-specific LLC operating agreement through a question-and-answer form.
Build an operating agreement at LawDepot
LawDepot pays us a commission if you buy through this link — it costs you nothing extra. We are not a law firm and this is not legal advice. Affiliate Disclosure.