Rhode Island business search
You can search for business entities registered and operating in the state of Rhode Island by using the official business search tool. It is the Rhode Island Corporate Database Tool. Read how to access the free tool below.
Official Rhode Island Corporate Database Tool
Search for business entities on the Secretary of State’s website. It’s free.
Visit Rhode Island business search toolWhy search for names?
Benefits of entity search tool
Checking entities in a state helps you as a business owner and a concerned citizen
Brand protection
You can check if your brand name is used by another company in a state.
Business expansion
To expand your business to another state, you can see check if your name is taken.
Find the people behind
As a concerned citizen, you can see the individuals and entities behind local businesses.
Trademark research
Before you file for trademarks, it is important to conduct thorough research into existing entity names.
Actions in Pennsylvania
View step-by-step instructions on certain tasks you can do in the state.
How to form an LLC in Rhode Island?
Follow these 7 steps:
1. Name your LLC
Think of a list of names for your business that your customers would find appealing. Show it to your friends and some customers and get their feedback. If you already have a few names in mind, great.
To check if those names are available in the state of Rhode Island, go to the official entity search tool on the Secretary of State website. It’s free to search.
You can reserve a name with the state, by paying reservation fees. The reserved name will be expired after a specified duration. If you are filing Articles of Organization, you need not reserve a name separately.
Reservation fees
$150
Reservation duration
5 - 7 days
Every LLC needs to be identified with a designator. Shall end with either the words "limited liability company" or the upper or lower case letters "l.l.c." with or without punctuation.
Make sure you follow LLC naming guidelines specified by Rhode Island state as per R.I. Gen. Laws §7-16-9. This includes not using names similar to existing companies, etc.
2. Get a mailing address
If you have an office or factory in Rhode Island, you can use that as your official company address. Note that this address will be made public. You can even use your home address as your official company address. But that may not give you privacy.
Alternatively, pick a virtual office address. This way, you pay a company for a street address and they handle all your mailing. You can then give this address to the state.
3. Hire a registered agent
Every Rhode Island LLC requires a registered agent in the state. If you are a resident of Rhode Island, you can be the registered agent for your LLC. However, your details will be made public and you must be available during all business hours to receive service of process.
Alternatively, there are companies that provide registered agent services for a fee. Pay for their service and you get to keep your privacy and ability to freely move around without worrying about compliance.
4. File Articles of Organization
Once you have a registered agent and an official office address, you can go ahead with filing your Articles of Organization. You can file it online on State of Rhode Island website.
Filing fees
$150
Processing time
5 - 7 days
Address
Division of Business Services
148 W. River Street
Providence, RI 02904
5. Create an Operating Agreement
Operating agreements are not mandatory in Rhode Island, but it is highly recommended. There are websites where you can customize operating agreements to your needs. Create and get it signed by your LLC members.
6. Get Employer Identification Number (EIN)
EIN is used by IRS to identify business entities. You create an EIN for free at IRS website.
7. Open a business bank account
It is important to separate your business and personal transactions. There are several ways to create business bank accounts. You can definitely open business checking accounts at traditional banks like Chase, Wells Fargo, etc. There are several other modern banking solutions that offer plenty of benefits to entrepreneurs.
Entity name
Every LLC should have a unique name in Rhode Island. Rhode Island maintains a list of names of entities in the state. Go through it to check if your chosen name is available.
Search for names
Go to the official website of the Rhode Island corporate database tool to see if the name you want is available.
Searching fee
Free
Reservation
You can reserve a name for your LLC for a specific duration by paying reservation fees to the Rhode Island business portal. You will have to file your LLC formation documents within this period to keep the name. Alternatively, you can directly go ahead with the LLC formation without any reservation. That's fine too.
Reservation fee
$50
Reservation period
120 days
LLC naming guidelines
The name you choose for your LLC must the official naming guidelines.
R.I. Gen. Laws §7-16-9
Visit
Here are some of the guidelines in simple language:
- 1
Shall end with either the words "limited liability company" or the upper or lower case letters "l.l.c." with or without punctuation.
- 2
Don’t include terms that indicate that you are doing an activity that you are not authorised to do.
- 3
Your name should be ‘distinguishable’ in the Secretary of State records. Adding a punctuation or ‘the’ does not make it distinguishable.
- 4
Don’t use words that makes it seems like you are a governmental entity or has an affiliation.
Operating agreement
Operating agreement is an internal business document that outlines the general rules and policies of the LLC.
Importance
It is not a legally mandatory document. However, it is recommended to have one since many courts, banks and financial institutions use it for verification. It is also nice to clearly outline the duties and relations between multiple members of an LLC—so you avoid any confusion in the future.
Format
There is no ‘required’ format for an operating agreement. You can include anything reasonable in it. In general, it has the following sections:
Basic Business information
Contains name, address, names and details of members, purpose
Member relationship
Contains membership interest, decision making process, powers, duties.
Membership transfer
Contains details on how to add or remove members and managers.
Accounting and tax
Contains details on how company records and distributions are maintained.
Dissolution
How to dissolve, wind up and terminate, due process to follow and exceptions.
Frequently asked questions
Business in Rhode Island
Knowing the entity names that are available in Rhode Island helps you run your business better. Read our guides to learn how to get started with these entities in Rhode Island.
Rhode Island LLC
Rhode Island C-Corp
Rhode Island S-Corp