If you are trying to form a Rhode Island LLC, then take note that in this state, starting an LLC requires having a Rhode Island registered agent who will handle all official paperwork on the LLCs behalf.
On this page, you’ll learn about the following:
Rhode Island Registered Agent Requirements
There are certain requirements to fill the role of a Rhode Island registered agent:
- The nominee must be more than 18 years old.
- The individual must have a legal, physical address in the state where the LLC will operate.
- The individual must be physically present during normal working hours.
How to Choose a Registered Agent?
When you file your Certification of Formation in Rhode Island, you must nominate a registered agent. You can either appoint an in-house registered agent (yourself or any LLC member) or outsource a Rhode Island registered agent service.
You can elect your registered agent online through the Rhode Island Secretary of State website.
Hiring an Inhouse Registered Agent
When hiring an in-house registered agent, make sure the individual is over 18 of age and lives in Rhode Island.
Can I be my own registered agent?
Yes, you can be your own registered agent. So long as you meet the basic requirements for a registered agent, then you can take on this role for your LLC.
Outsourcing a Registered Agent
You may, instead, get professional registered agent services. Doing so ensures that you will have the best individual to represent your business. Here are three of the best LLC services on our list that will provide you with registered agents to ease your worries.
Our Rating & Pricing
#1 TOP PICK
Free LLC Setup
$49 + State Fees
$299 + State Fees
Note that availing of the services of professional registered agents would be your best option since you are guaranteed that whoever is handling your legal affairs knows their stuff well. You will enjoy peace of mind and focus only on running your business, as the ‘professionals’ take care of all legal matters.
What to Consider when Choosing a Registered Agent
Here are some factors to consider when choosing a registered agent.
- Service Fee: Since most states require formal businesses to have registered agents, selecting the best-registered agent is critical. Hiring a registered agent service typically costs between $50 and $300 annually. When you consider how much time it will save you, this is a small price to pay.
- Tenure in Business of Registered Agent: You want the registered agent to have established and time-tested procedures for handling documents that are received.
- State Jurisdiction Limitation: If your company expands to another state, you should use the same registered agent in all states to reduce the administrative burden of dealing with multiple registered agent service providers.
- Offer Monitoring and Follow-up Services: You want to receive up-to-date information and alerts from your registered agent as soon as possible so that you are aware of the various statutes, rules, and regulations that apply to your company.
How to Remove a Registered Agent for LLC in Rhode Island
Once you have formed an LLC in the state of Rhode Island, it is time to change the registered agent. For a variety of reasons, it may be necessary to switch the registered agent. You may have moved out of state, left the company, or no longer want the responsibility of serving as the business’s registered agent. Moreover, if you are changing locations due to business expansion, you might want to change your registered address.
If you are looking to change your registered agent, you should file a form with the Secretary of State. Fortunately, the process of changing registered agents in Rhode Island is relatively simple and inexpensive. To change the registered agent, you must fill out the form that is required for filing a Change of Resident Agent for an LLC. You can either print out the form or submit it online. If you choose to file the form in paper, you can mail it to the address listed on the instructions page.
It is important to note that the state has different requirements for changing the registered agent. The Department of State website does not have much information on the subject, but it does mention the LLC Act. The LLC Act states that a business entity can change its registered agent by filing a form with the Secretary of State. On the form, you need to include the name of the business, the name of the former resident agent, and the new resident agent.
All corporations and limited liability companies doing business in Rhode Island are required by state law to appoint a Rhode Island registered agent. Rhode Island registered agents provide a reliable way for the Secretary of State and state courts to contact a corporation or LLC.
A registered agent is simply a person or entity appointed to accept service of process and official mail on your company’s behalf who lives in the state of service and is over 18.
If you intend to be your own registered agent, you may be forced to use your home address (especially if you run a home-based or web-based business), making the address public.