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Forming your RI LLC? Use our free guide or for convenience use a professional service, we have negotiated the best deals for you. Best Value Bundle Package for LLC formation is with Northwest ($29 + state fees) https://go.truic.com/3RSnAjX 🔥Includes 1 FREE Year of Registered Agent Services Or, check out this $0 LLC solution from Tailor Brands: https://go.truic.com/3BP1s4t 📙 Free LLC Checklist https://howtostartanllc.com/downloads... Secure the Domain Name for your Business using our discount link https://go.truic.com/3WlBix4 If you use our discount links, you get a discount and we receive a small commission. Thanks for supporting our work! --------- Starting an LLC in Rhode Island is easy. It's a great way to structure your small business and protect your personal assets. You can do this yourself, or by hiring a professional service, we explain both of these in this video guide. 📙 Rhode Island LLC Formation https://howtostartanllc.com/rhode-isl... 📄 Free LLC Operating Agreement Template: https://howtostartanllc.com/free-oper... ------------- TIMESTAMPS 0:27 - Intro 0:44 - Step 1: Name Your LLC 1:44 - Step 2: Choose a Registered Agent 2:21 - Step 3: File the Articles of Organization 2:59 - Step 4: Create an Operating Agreement 4:12 - Step 5: Obtain and EIN 4:44 - Option 2: Hire a Professional Service 5:39 - Conclusion ------------- 🎯 Key Topics Covered • LLC Naming Requirements Rhode Island has specific naming guidelines that must be followed, including the mandatory inclusion of "Limited Liability Company" or its abbreviations (LLC/L.L.C.). Certain restricted words require additional paperwork and licensed professionals, while others (like government agency names) are prohibited. The name must be unique and available in the state registry, which can be verified through the Secretary of State's website. • Registered Agent Selection Every Rhode Island LLC must designate a registered agent who serves as the point of contact with the state. This can be either an individual within the company or a professional service authorized to operate in Rhode Island. The agent handles official correspondence, legal documents, and helps maintain compliance with state requirements to avoid fines or dissolution. • Articles of Organization Filing This official registration document must be filed with the Rhode Island Secretary of State, available through online, mail, or in-person submission. A crucial decision point is choosing between member-managed (suitable for small organizations) or manager-managed (ideal for larger companies) structures, which determines how the LLC will be operated. • Operating Agreement Creation While not mandatory in all states, an operating agreement is essential for establishing ownership terms and member roles. The document covers six key areas: organization, management and voting, capital contributions, distributions, membership changes, and dissolution procedures. This internal document can be created using free online tools and should be updated with any membership or management changes. • EIN Registration and Professional Services Obtaining an Employer Identification Number (EIN) from the IRS is necessary for tax purposes and banking. Alternatively, professional LLC formation services ($50-$150) offer benefits including privacy protection, organized business mail management, and assistance with compliance requirements. These services can handle the entire formation process and serve as your registered agent. ------------- Other Resources: 🔥 Get Free, Powerful Business Tools—sign up now for TRUiC’s Business Center https://business.truic.com/ Get an EIN • What is an EIN? - Employer Identifica... Important Steps AFTER forming an LLC https://howtostartanllc.com/after-for... 🔔 Please like, comment, and subscribe if you appreciate our content, and want to see more! 🔥 At TRUiC we are dedicated to providing the most useful information for small business owners, and would love to see your feedback in the comments on what other information you need to help follow your entrepreneurial dreams. #RhodeIslandLLC #RhodeIsland #LLCFormation #HowTo #LLC #StartingABusiness #HowToStartAnLLC #TRUiC #BusinessFormation #Entrepreneurship #SmallBusiness #LegalCompliance #BusinessStartup #Checklist