The Rhode Island Franchise Registration Application is a document used to register a franchise with the Rhode Island Department of Business Regulation (DBR). It is required for any company that wants to engage in the sale of a franchise in the state of Rhode Island. The application contains detailed information about the franchisor, the franchisee, and the franchise unit to be offered, and requires the disclosure of a variety of information including financial statements, a copy of the proposed franchise agreement, and a list of current franchisees. There are two types of Rhode Island Franchise Registration Applications: the Standard Registration Application and the Out-of-State Registration Application. The Standard Registration Application is typically used for businesses located within Rhode Island, while the Out-of-State Registration Application is designed for businesses located outside of Rhode Island.
Rhode Island Franchise Registration Application
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How to fill out Rhode Island Franchise Registration Application?
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FAQ
Rhode Island is a Franchise Registration State. The initial FDD registration fee is $600 and the annual renewal fee is $300.
In the state of Florida, there are no franchise-specific laws. Instead, the state is regulated by the same laws that apply to other business owners.
Contact your state's secretary of state. This official for the state where you're registering the franchise handles the paperwork for registering the business name, business location and owner information. Obtain the registration application for the business entity you're registering.
You need enough money to pay for the monthly or annual franchise fee charges. A franchise fee refers to the upfront fee charged to an individual in order to start operating a franchise branch of a larger company. The fee includes the privilege and use of the business's method, name and support systems.
Massachusetts is classified as a non-registration state because there is no state franchise registration, business opportunity exemption registration, or other franchise disclosures required by the state.
Franchise royalties are usually collected by your franchisor on a monthly basis. Like marketing fees, these fees are based on a percentage of your revenue. But there's one major difference; the percentages are higher. Franchise royalties range from 4% of your revenue all the way up to 12% or more.
Florida is a franchise filing state. The annual Florida franchise filing fee is $100.
LLC Fees Annual Report (& Supplemental Fee)$ 138.75Filing Fee (Required)$ 100.00Registered Agent Fee (Required)$ 25.00Total Fee For New Florida/Foreign LLC$ 125.00Change of Registered Agent$ 25.0018 more rows