Rhode Island LLC or Wyoming LLC?
If you run your business in Rhode Island, here's what each route costs in state fees.
The short answer
For a business that operates in Rhode Island, forming in Wyoming costs about $340 more over five years in state fees alone — before paying for a registered agent in Wyoming.
Form in Rhode Island
Rhode Island
Articles of Organization (Form 400)$150
Annual Report (Form 632)$50 / yr
Annual charge / minimum business corporation tax$400 / yr
Year one$550
Each year after$450
5-year total$2,350
Form in Wyoming, register in Rhode Island
Wyoming
Articles of Organization$100
Annual Report (with license tax; see state_taxes)$0
Annual report license tax$60 / yr
Rhode Island (foreign registration)
Application for Registration of a Foreign LLC (Form 450)$150
Annual Report (Form 632)$50 / yr
Annual charge / minimum business corporation tax$400 / yr
Year one$650
Each year after$510
5-year total$2,690
What the fees don't show
- Forming in Wyoming while operating in Rhode Island means two sets of reports and two sets of deadlines, adding about $60 a year.
- You need a registered agent with a street address in Wyoming. If you don't have one there, that's a paid service every year.
- Out-of-state formation makes the most sense when you raise outside investment, operate in many states, or have a specific legal reason — not as a default.
State fees only, from each state's official fee pages. Not legal or tax advice.