The cost to form an LLC for a Pawtucket business starts with the $150 Rhode Island filing fee. Add annual fees, a registered agent, and local Pawtucket business taxes below.
Last updated: May 2026 · Data: MIT Living Wage Calculator, C2ER, U.S. Census, BLS, IRS, state and city sources
Rhode Island charges a $150 filing fee to form an LLC and a $50 annual report each year. Rhode Island has three income tax brackets with a top rate of 5.99%. The state does not tax Social Security benefits for most residents and has a relatively generous standard deduction.
| Cost Item | Amount | When Due |
|---|---|---|
| Rhode Island Filing Fee | $150 | One-time at formation |
| Annual report | $50 | Annually |
| Registered Agent Service | $49 to $300/year | Annually |
| Local Pawtucket Business License / Tax | Varies by industry | Annually |
| Operating Agreement | $0 to $500 | One-time (recommended) |
| EIN (Federal Tax ID) | Free | One-time (IRS.gov) |
Rhode Island does not levy a local business income tax. Rhode Island's 7% sales tax has no local additions, and the state requires an annual report for LLCs. Budget for sales tax collection and the annual report on top of the state LLC filing fee.
Pawtucket is the birthplace of the American Industrial Revolution, home to the historic Slater Mill, and one of the most affordable cities in Rhode Island, with an economy built on manufacturing, a growing arts district, and proximity to Providence.
| Local Metric | Pawtucket (2026 estimate) |
|---|---|
| Metro population | 75,000 |
| County / jurisdiction | Providence County |
| Cost of living index (US avg = 100) | 102 |
| MIT living wage, single adult | $20.50/hour |
| MIT living wage, one earner supporting a family of four | $41.50/hour |
| Applicable minimum wage | $15.00/hour |
| Average rent, 1-bedroom | $1,500/month |
| Average rent, 2-bedroom | $1,850/month |
| Median home price | $350,000 |
| Median household income | $55,000/year |
| Combined sales tax rate | 7% |
| Effective property tax rate | 1.6% of value/year |
Local figures are 2026 estimates compiled from the MIT Living Wage Calculator, the C2ER Cost of Living Index, U.S. Census and Zillow housing data, and city and county sources. Verify current figures before relying on them.
The LLC filing fee is set by Rhode Island at $150, since LLCs are formed at the state level. Add the $50 annual report (each year), a registered agent (about $49 to $300/year), and any local Pawtucket business license or tax. Rhode Island does not levy a local business income tax. Rhode Island's 7% sales tax has no local additions, and the state requires an annual report for LLCs. Budget for sales tax collection and the annual report on top of the state LLC filing fee.
Rhode Island does not levy a local business income tax. Rhode Island's 7% sales tax has no local additions, and the state requires an annual report for LLCs. Budget for sales tax collection and the annual report on top of the state LLC filing fee.
Plan for the $50 annual report, registered agent renewal (about $49/year), and any local Pawtucket business license or tax. The calculator above totals these for you.
LLCs are registered with the Rhode Island Division of Taxation at the state level, not the city. You then comply with local Pawtucket requirements such as a business license, zoning, and any city business tax. There is no separate city-level LLC filing.
If your business actually operates in Pawtucket, forming in Rhode Island is usually simplest. Forming in Delaware or Wyoming while operating in Pawtucket typically forces you to register as a foreign LLC in Rhode Island anyway, paying fees in both states.