An articles of incorporation is filed with Rhode Island Secretary of State to form a corporation in Rhode Island. This document must be filed within 10 days of formation. A copy of the articles must be delivered to the Secretary of State upon filing. Once the articles are filed, the corporation becomes active.
There are different types of corporations including general partnerships, limited liability companies, nonprofit organizations, foreign corporations, real estate investment trusts, religious institutions, publicly traded companies, and privately held companies. In addition, there are four main types of corporations:
a. General partnerships
b. Limited Liability Companies
c. Nonprofit Organizations
d. Foreign Corporations
f. Publicly Traded Companies
g. Real Estate Investment Trusts
k. Religious Institutions
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How to Fill Out the Articles of Incorporation Form in Rhode Island
The Rhode Island Articles of Incorporated are a set of documents that establish a corporation. They include information about the company’s name, address, purpose, capitalization, initial directors, and officers. In addition, the articles provide rules regarding how shareholders can vote and what happens if there is no quorum during shareholder meetings.
Article 5 of the RI General Laws requires that corporations file articles of incorporation within 30 days of forming. This article states that the filing deadline is “at least five days prior to the expiration of the period for holding annual meetings.”
To complete the RI Articles of Incorporation, you must fill out the following forms:
1. Article of Incorporation – This document contains the basic information required by law. You must sign it and send it to the Secretary of State.
2. Notice of Meeting – This notice informs shareholders that a meeting will take place. It includes the date, location, and agenda.
3. Shareholders’ Agreement – This agreement determines voting procedures and provides for the dissolution of the corporation if necessary.
4. Certificate of Good Standing – This certificate confirms that the corporation has been incorporated under state law.
Include supplemental forms
Foreign companies must submit a document called an “Article of Incorporation,” along with a $150 fee, to apply for a permit. This document includes information about the company’s name, address, phone number, type of business, and whether it intends to operate in the state. Companies that intend to engage in activities that require a special permit, such as manufacturing, must include a copy of the permit request form.
A certificate of good standing or a letter of status must accompany the application. These documents certify that the company exists legally and that it is eligible to conduct business within New York. They do not guarantee approval; however, they make it easier to obtain a permit.
There are no additional fees for submitting the documents.
Application for Certificate of Authority
Fill out and submit the application for your foreign company. Your application will take about 3 weeks to process.
In addition to filling out the applications, you’ll need to make a payment of $100 to apply for the certificate of authority.
This information should be included on the application for a certificate of authoritiy.
The proportion of value in Rhode island is calculated based on the Total Assets of the Company.
The proportion of Gross Amount of Business is calculated based on the Sales or Receipts of the Company.
How to Submit the Form
The IRS offers three different methods to submit tax returns: online, paper, and e-file. Each method requires a specific form depending on whether you’re a corporation, partnership, individual, etc.
For Domestic Corporations:
Rhode Island does not require professional organizations to file an annual report for corporations that do not issue stock or have fewer than 75,000 shares of stock outstanding. For example, a nonprofit organization that provides consulting services to small businesses could incorporate without having to file an annual report. However, if the organization issues stock, it must file an annual report.
The following are examples of exempt corporations that do not have to file an annual report:
• A church
• An unincorporated association such as a fraternal benefit society, volunteer fire department, or veterans’ group
• A foreign entity incorporated under the laws of another state
• A foreign limited liability company
• A foreign partnership
For Domestic Professional Corporations:
A corporation must be formed under the laws of Rhode Island if its total number of shares outstanding exceeds $75 million. For domestic corporations, it must be registered with the Secretary of State’s office. If the corporation does not already exist, it must file articles of incorporation within 30 days of formation.
An LLC must be formed under the law of Delaware if its total number of shareholders is more than 250 million. In addition to filing articles of organization, the entity must register with the Secretary of State.
A professional corporation must be formed in Maryland if its total number of stockholders is more than $500 million. Articles of Incorporation are filed with the state’s Corporation Commission.
The that every corporation must have at least one shareholder. However, it doesn’t specify how many shareholders are required. So what is the minimum amount of shares needed to form a corporation?
In 2017, the Rhode Island Division of Corporations published a list of the most common types of domestic close corporations, including sole proprietorships, partnerships, LLCs, S corporations, and limited liability companies (LLCs). This document includes information about the requirements to incorporate each type of entity.
This article provides a summary of the requirements for incorporating different types of entities in Rhode Island. If you want to know more about the specific requirements for forming a particular type of entity, please refer to the source documents linked within this article.above bullets are just some of the information we found useful while researching this article.
Frequently Asked Questions
Can I get a certificate of incorporation online?
Yes! If you’re starting a business in Rhode Island, you’ll need to file a statement of incorporation with the federal government before you can apply for a COI.
How do I get a tax ID number in Rhode Island?
1. You need to have a business license first. If you don’t already have a business license, then you’ll need to apply for one.
2. Once you’ve got a business license, you’ll need to file taxes. To do this, you’ll need to register with the state’s Department of Revenue (DOR).
3. After registering with DOR, you’ll need to fill out a W-9 form. This form asks for information about your company, including its name, address, type of business, and contact info.
4. Once you’re done filling out the W-9 form, you’ll need to send it to the IRS along with a copy of your business license.
5. When you receive your W-9 back from the IRS, you’ll need to sign it and mail it back to them.
6. Once you’ve sent off both forms, you’ll need to wait for at least 30 days before filing any taxes.
James Rourke is a business and legal writer. He has written extensively on subjects such as contract law, company law, and intellectual property. His work has been featured in publications such as The Times, The Guardian, and Forbes. When he’s not writing, James enjoys spending time with his family and playing golf.