Home | Join Us | Directory | Events

East Bay Chamber of Commerce

  • Membership Directory
  • Why Join
    • Become a Member
    • Artisan Membership
    • Networking & Exposure
    • Market Your Business
    • See Who's Joined
  • Member Benefits
    • Member to Member Discounts
    • Free Marketing Tools >
      • Ribbon Cuttings
      • Chamber Blog
      • Event Calendar
      • Speaker's Bureau
      • Bay Bucks >
        • Participating Businesses
    • Premium Marketing Tools >
      • Making Connections
      • Tuesday at Two
    • Networking Groups >
      • WEBOND
      • CEO Manufacturers Round Table
      • EBYP
    • Coggno Online Training
  • Economy
    • Existing Business Support
    • Starting a Business >
      • East Providence
      • Barrington
      • Bristol
      • Warren
    • State Government
    • RI Chamber Coalition
    • Job Bank
  • Events /Tourism
    • Chamber Events
    • Community Events
    • Submit an Event
    • Bristol County >
      • Points of Interest
      • Map of Area
    • Plan Your Visit
    • Shop Local
    • Live & Work >
      • East Providence
      • Barrington
      • Bristol
      • Warren
  • Member Login
  • About Us
    • History
    • Board of Directors >
      • Chairman's Message
    • Committees
    • Membership Directory
    • Affiliates & Associates
    • Contact Us
  • Blog
  • Membership Directory
  • Why Join
    • Become a Member
    • Artisan Membership
    • Networking & Exposure
    • Market Your Business
    • See Who's Joined
  • Member Benefits
    • Member to Member Discounts
    • Free Marketing Tools >
      • Ribbon Cuttings
      • Chamber Blog
      • Event Calendar
      • Speaker's Bureau
      • Bay Bucks >
        • Participating Businesses
    • Premium Marketing Tools >
      • Making Connections
      • Tuesday at Two
    • Networking Groups >
      • WEBOND
      • CEO Manufacturers Round Table
      • EBYP
    • Coggno Online Training
  • Economy
    • Existing Business Support
    • Starting a Business >
      • East Providence
      • Barrington
      • Bristol
      • Warren
    • State Government
    • RI Chamber Coalition
    • Job Bank
  • Events /Tourism
    • Chamber Events
    • Community Events
    • Submit an Event
    • Bristol County >
      • Points of Interest
      • Map of Area
    • Plan Your Visit
    • Shop Local
    • Live & Work >
      • East Providence
      • Barrington
      • Bristol
      • Warren
  • Member Login
  • About Us
    • History
    • Board of Directors >
      • Chairman's Message
    • Committees
    • Membership Directory
    • Affiliates & Associates
    • Contact Us
  • Blog

Update on changes that may affect your business or nonprofit from RI Business Services

12/9/2021

0 Comments

 
​Greetings:
This legislative session saw several bills pass that will make it easier to do business in
Rhode Island. Below is an update on changes that may affect your business or
nonprofit.
Annual Report Alignment - H5984A/S789A
What the new law does:
Secretary Gorbea heard from business owners across the state that the staggered filing
periods for different types of business entities was confusing and sometimes resulted in
late filings. She introduced this legislation to establish a single filing period that aligns
with the state’s annual tax filing deadline.
Why it matters:
The change continues the work the Secretary has done to make our state a better and
more predictable place to do business. Specifically, the new law:
• Establishes one filing period for all entities – February 1 to May 1 of each
calendar year.
• Aligns the filing period for both businesses and nonprofits to coincide with
their annual tax filing periods.
• Moves the non-profit filing period to the beginning of the calendar year
instead of the middle of the summer when many non-profits aren’t
actively meeting.
• Allows more time to file by extending the filing period an additional 30
days.
Non-Profit Conversion/Merger - H6064A/S836A
What the new law does:
The Rhode Island General Laws lacked the mechanism for conversion, so Secretary
Gorbea introduced this law creating a conversion process and established a more
inclusive statutory framework for the merger or consolidation of non-profit corporations.
This is the same conversion process that business corporations already have today.
Why it matters:
By establishing modern and flexible laws and filing options, our State has created an
environment that supports accessibility, sustainability, and growth for our vibrant nonprofit community. New conversion and merger forms are now available.
Withdrawal of a Revocation Certificate [Reinstatement]- H5051/S0024
What the new law does:
This law increases the timeframe where entities can be revoked and still reinstate their
charter with the Business Services Division from 10 years to 20 years.
Why it matters:
The law eliminates long wait times and drastically reduces legal fees for entities
formerly required to either petition the General Assembly or Superior Court for
permission to reinstate. By increasing the reinstatement timeframe from 10 years to 20
years, more RI businesses and non-profits will now have access to a predictable and
timely reinstatement process.
Email the Business Services Division ([email protected]) if you have any
additional questions.
Rhode Island Department of State
0 Comments



Leave a Reply.

    Categories

    All
    Chamber News & Updates
    Meet Our Members
    Member News & Press Releases
    Ribbon Cuttings
    Under The Dome

    Archives

    April 2025
    March 2025
    February 2025
    January 2025
    December 2024
    November 2024
    October 2024
    September 2024
    August 2024
    July 2024
    June 2024
    May 2024
    April 2024
    March 2024
    February 2024
    January 2024
    December 2023
    November 2023
    October 2023
    September 2023
    August 2023
    July 2023
    June 2023
    May 2023
    April 2023
    March 2023
    February 2023
    January 2023
    November 2022
    September 2022
    July 2022
    June 2022
    May 2022
    April 2022
    March 2022
    February 2022
    January 2022
    December 2021
    November 2021
    September 2021
    August 2021
    June 2021
    May 2021
    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    October 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017
    December 2016
    November 2016
    October 2016
    September 2016
    August 2016
    July 2016
    June 2016
    May 2016
    April 2016
    March 2016
    February 2016

    RSS Feed

Copyright East Bay Chamber of Commerce. All rights reserved.
16 Cutler St., Warren, RI 02885 
Phone: (401) 245-0750  |  Fax: (401) 245-0110  | [email protected]