It costs $175 to form an LLC in Maine. This fee is for the Certificate of Formation that you file with the Maine Secretary of State. Once approved, your LLC will start. There are additional costs when forming a Maine LLC.
Steps to Form an LLC in Maine
- Choose a unique name and registered agent.
- File the Certificate of Formation with the Secretary of State and pay the $175 fee.
- Create an Operating Agreement (optional).
- Obtain an EIN from the IRS.
Filing as a foreign LLC in Maine costs $250. You must submit the Statement of Foreign Qualification form by mail. Expedited processing is available for additional fees.
Annual Costs and Business Structure Benefits
- The annual report filing fee is $85, due by June 1st each year.
Forming an LLC in Maine provides flexibility and personal liability protection. Review the filing requirements and costs to determine if this business structure suits your needs.
Comparison to Other States
The fee to form an LLC varies from state to state. In Maine, the fee is $175. This positions Maine at a certain point in comparison to more and less expensive states for LLC formation.