How to register a business name in Rhode Island?

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How do I get a business name in RI?
Register Your Business with the State of Rhode Island Gather required information. Name of Company. Get proof of good standing or legal existence. Register your business. Register with the RI Division of Taxation. Confirm your filing.
Read more on www.sos.ri.gov

One of the initial actions you must do if you intend to launch a new business in Rhode Island is to register your business name. In order to secure your company, build your brand identity, and make sure that no one else can use your business name, you must register your company name. We’ll walk you through the steps of obtaining a business name in Rhode Island in this article.

Conducting a company name search is the initial step in registering your business name in Rhode Island. By doing this, you can make sure that the desired business name is both available and unclaimed. The website of the Rhode Island Secretary of State allows you to search business names. You can register your chosen business name once you’ve made sure it’s available.

You must submit a Trade Name Registration form to the Rhode Island Secretary of State in order to register your business name there. This form can be submitted online or by mail. Information like your company’s name, address, and industry must be provided. In Rhode Island, registering your company name costs $50.

In Rhode Island, how much does it cost to register a business?

Depending on the kind of business entity you select, the cost to register a business in Rhode Island varies. For instance, creating an LLC in Rhode Island costs $150 while registering a sole proprietorship costs $10. In Rhode Island, forming a corporation costs $230.

How can I find out if an LLC exists in Rhode Island? The website of the Rhode Island Secretary of State allows you to search for an LLC in the state. You can use the internet to look up LLCs by name or registered agent. The LLC’s filing history, registered agent information, and other specifics are also available for viewing.

What is the price of an LLC in Rhode Island?

In Rhode Island, establishing an LLC costs $150. You must submit an annual report to the Secretary of State of Rhode Island along with the registration fee. For an LLC in Rhode Island, the yearly report price is $50.

LLC or solo proprietorship—which is preferable?

Your company’s demands and objectives will determine whether you should choose an LLC or a sole proprietorship. The simplest and most popular type of company formation is a sole proprietorship, yet it provides no liability protection. On the other hand, an LLC offers liability protection for its shareholders and enables greater management and tax flexibility. However, compared to a sole proprietorship, an LLC costs more to establish and operate and necessitates more paperwork. In the end, the needs and objectives of your firm will determine whether you choose an LLC or a sole proprietorship.

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