Starting a Business in Maryland
The cost of starting a business depends on the type you choose. Costs will vary based on factors such as the need for real estate, inventory, or employees. Registration with the state of Maryland can cost around $100 to start and $300 or more annually.
Operating a Business in Maryland
Yes, you can operate a business from home in Maryland but need to register with the state. You will require a business tax account and may need a business license.
Checklist for Starting a Business in Maryland
- Create a business plan
- Check zoning requirements
- Choose business structure
- Register business
- Get licenses & permits
- Handle taxes
- Seek funding
- Launch & market
LLC in Maryland
An LLC in Maryland costs $300 per year for the Annual Report fee to SDAT. Additionally, you’ll need a registered agent at about $125 per year. Local licenses and permits may also be necessary depending on your industry and location.
From registering a business to seeking funding and applying for grants, this guide has everything you need to start a business in Maryland.
Maryland does not require an Operating Agreement for your LLC, but it can help ensure organization and preparedness.
Filing for an LLC in Maryland
Starting an LLC in Maryland costs $100 for the Articles of Organization filing fee. You will also need a registered agent, typically costing $100-$200 per year, and may require a business license, with fees varying by location and industry. Maintaining a Maryland LLC involves an annual report fee of $300.