Withdraw/Cancel a Business Registration
If your foreign business has been dissolved, was the non-survivor of a merger, or is no longer conducting business in Rhode Island, you must formally withdraw your business registration.
Filing Obligations
To withdraw/cancel your business registration in Rhode Island, you must satisfy all filing obligations with both the RI Division of Taxation and the RI Department of State. In order to withdraw, your business must be active and up to date with all filings with the RI Department of State. To verify your status, email [email protected].
You must also complete a Final Return Form with the RI
Division of Taxation and confirm that all other tax accounts have been
closed and your tax obligations are paid in full. Your business must
certify to the RI Department of State, under penalty of perjury, that
it has confirmed its tax status with the RI Division of Taxation and
has no outstanding tax debts. To verify your status, email
[email protected]. Limited
Partnerships must provide a
Letter
of Good Standing
(LOGS) in order to cancel.
The RI Division of Taxation's Taxpayer Portal is an easy way for your
business to verify its current status and pay any outstanding taxes.
Visit the
Taxpayer Portal
to get started.
| Business Structure | Online Filing | Paper Filing | Fee |
|---|---|---|---|
| Limited Liability Company (LLC) | File Online | $75 | |
| Business Corporation | File Online | $50 | |
| Limited Liability Partnership (LLP) | N/A | $50 | |
| Limited Partnership (LP) | File Online |
PDF
|
$50 |
NOTE: After submitting all documents, be sure to confirm your filing.
Comply with RI Employment and Labor Laws
Rhode Island State law requires final paychecks to be paid to employees within twenty-four (24) hours of their last day of work (R.I. Gen. Laws Chapter 28-14). If an employee has completed at least one year of service, then holiday pay, vacation pay, and insurance benefits are to be paid within twenty-four (24) hours of their last day of work.
The Warn Act is a federal law requiring employers of 100 or more full-time workers to give 60 days advance notice of a plant closing or mass layoff.
Employers with 100 or more full-time workers are affected if:
- They close a facility or discontinue an operating unit with 50 or more workers; or
- They lay off 50-499 workers and these workers comprise at least 33% of the total workforce at a single site of employment; or
- They lay off 500 or more workers at a single site of employment
The law requires that this notification be given to the appropriate local chief elected official, the Dislocated Worker Unit of the RI Department of Labor & Training, and the collective bargaining representative of affected employees or each employee if the employees don't have such representation.
Report Beneficial Ownership Information to FinCEN
BUSINESS ALERT: Due to ongoing legal action, the BOI filing requirement has been suspended. Learn more at FinCen.gov/BOI. Voluntary filings are still being accepted.
Beginning January 1, 2024, certain types of corporations, limited liability companies, and other similar entities created in or registered to do business in the United States must report information about their beneficial owners—the persons who ultimately own or control the company—to the Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN). This requirement applies even if the business was formally dissolved. Additional information about the reporting requirements, including answers to questions such as “is my company required to report beneficial ownership information to FinCEN,” “who is a beneficial owner,” and “when do I need to report my company’s beneficial ownership information" is available on FinCEN’s beneficial ownership information webpage, FinCEN.gov/BOI.
Beneficial ownership reports should only be submitted directly to the Financial Crimes Enforcement Network at FinCEN.gov/BOI.