Home State vs Foreign State

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Rhode Island LLC vs Nevada LLC with Rhode Island registration

Forming in Rhode Island costs $150; forming in Nevada costs $425 and then Rhode Island charges $150 to register it, so $575 to start.

Line by line

State feeLLC formed in Rhode IslandLLC formed in Nevada, registered in Rhode Island
Formation in NevadaNone$425
Formation in Rhode Island$150None
Rhode Island foreign registrationNone$150
Nevada yearly filing, two yearsNone$700
Rhode Island yearly filing, two years$100$100
Two years of state fees$250$1,375

Over two years the Nevada route costs $1,125 more in state fees than forming at home.

State income, franchise and gross-receipts taxes are separate, are not in these totals and are the same or similar on both routes.

If you register in Rhode Island

Mainstay Filing prepares the Rhode Island registration (Form 450, Application for Registration for a Foreign Limited Liability Company) for $199 plus the state fee, with the registered agent included for the first year. The 3 services we rank for Rhode Island are on the Rhode Island page.

Where the numbers come from

Nevada: formation and yearly filing from Nevada’s own pages. Rhode Island: foreign registration and yearly filing from the Rhode Island Department of State, Business Services Division and the sources on the Rhode Island page.