Filing an Annual Report in Maryland
To file an annual report in Maryland, first download and print the Annual Personal Property Return form from the Secretary of State website. Then, complete and mail it to the Maryland State Department of Assessments and Taxation along with the filing fee.
The filing fee for an annual report in Maryland is $300. Failing to file can result in a business losing its good standing status. Maryland does not offer deadline extensions.
Maintaining Good Standing
Review all business information and file the annual report on time by April 15 to keep your LLC in good standing. Submitting the report is a legal requirement, and failure to file can result in penalties or dissolution.
Our reference table provides Maryland annual report due dates, filing fees per entity, and filing directions. We also offer managed services to track due dates and file reports for you.
Check with your local assessor’s office to find a property’s owner.
Compliance and Penalties
The Annual Report is a required filing for all business entities in Maryland. Annual report forms must also be submitted by a specific deadline in order to avoid being viewed as delinquent and rescinded.
If you miss the Maryland Annual Report filing deadline, the business can be declared ineligible to conduct certain official business until the report is filed, or be subject to more severe penalties. Corporations that fail to file an annual report by the deadline will incur a penalty of $300, and LLCs will face a late filing fee of $100.
Generally the due date to file a Maryland annual report is April 15th of each year. Yes, you can request two month extensions to file your due annual report.
To maintain good standing, LLCs in Maryland must file an Annual Report. Visiting the Maryland Secretary of State’s official website, or consulting a legal professional can help you understand the necessary forms, deadlines, and associated fees.
LLCs face a $300 late penalty. Failures also mean LLCs pay $100 more. However, dissolution or prevented operations happen if you miss deadlines.
First know requirements and deadlines. Then submit forms correctly through the state’s online portal. Review information carefully beforehand to avoid errors.
Download forms from the Secretary of State. Mail them to the Assessments and Taxation Department with filing fees by April 15th.
All entities submit annual reports. Requirements include updating names, addresses, agents, directors, officers, and finances. The Assessments and Taxation Department portal allows convenient online filing.
Stay in good standing and operate smoothly by reviewing company information. Then file complete, accurate annual reports on time. Outside help from professionals ensures no oversights.