How to Shut Down a Business in Rhode Island
Complete guide to dissolving your business entity with the Rhode Island Secretary of State, Business Services Division.
Quick Answer
To dissolve a business in Rhode Island, file Articles of Dissolution with the Rhode Island Secretary of State, Business Services Division. The LLC filing fee is $50 and corporation fee is $50. Rhode Island requires tax clearance from the Rhode Island Division of Taxation before dissolution. Standard processing takes 7-10 business days.
Quick Facts
| Filing Agency | Rhode Island Secretary of State, Business Services Division |
| Website | https://www.sos.ri.gov/divisions/business-services |
| LLC Dissolution Fee | $50 |
| Corporation Dissolution Fee | $50 |
| Tax Clearance Required | Yes |
| Processing Time | 7-10 business days |
| Online Filing | Yes |
| Phone | (401) 222-3040 |
LLC Dissolution in Rhode Island
Steps to Dissolve an LLC
- 1 Vote to dissolve according to your operating agreement or by majority vote of members
- 2 Wind up business affairs, settle debts, and distribute remaining assets
- 3 Notify all known creditors in writing
- 4 File final tax returns with the RI Division of Taxation
- 5 Obtain a Letter of Good Standing from the RI Division of Taxation ($50 fee)
- 6 File Articles of Dissolution (Form 404) with the Secretary of State ($50 fee)
- 7 Include the Letter of Good Standing with your dissolution filing
- 8 Cancel any business licenses, permits, and trade names
Corporation Dissolution in Rhode Island
Steps to Dissolve a Corporation
- 1 Board of directors adopts a resolution recommending dissolution
- 2 Shareholders approve dissolution by majority vote
- 3 Notify all known creditors and claimants in writing
- 4 Wind up business affairs, settle debts, and distribute remaining assets
- 5 File final tax returns with the RI Division of Taxation
- 6 Obtain a Letter of Good Standing from the RI Division of Taxation ($50 fee)
- 7 File Articles of Dissolution (Form 404) with the Secretary of State ($50 fee)
- 8 Include the Letter of Good Standing with your dissolution filing
- 9 Cancel all business licenses and permits
Tax Requirements
Tax Agency: Rhode Island Division of Taxation
Phone: (401) 574-8829
A Letter of Good Standing (LOGS) from the Division of Taxation is required before dissolution. Submit the LOGS request form with a $50 fee to: Letter of Good Standing, Compliance & Collections, Rhode Island Division of Taxation, One Capitol Hill, Providence, RI 02908. Processing takes several weeks depending on taxpayer history. Contact (401) 574-8941 or Tax.Collections@tax.ri.gov for LOGS-specific questions.
Additional Requirements
Contact Information
Agency: Rhode Island Secretary of State, Business Services Division
Address: 148 W. River Street, Providence, RI 02904-2615
Phone: (401) 222-3040
Website: https://www.sos.ri.gov/divisions/business-services
Online Portal: https://business.sos.ri.gov/
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This guide is for informational purposes only and does not constitute legal advice. Information is sourced from official state websites and was last verified in 2026. Always confirm current requirements directly with the Rhode Island Secretary of State, Business Services Division. Consult an attorney for advice specific to your situation.