Cost of Forming an LLC in Maryland
The fee to file articles of organization to register a LLC in Maryland is $100. Expedited processing that takes 2 weeks costs additional $50.
Ongoing Costs for a Maryland LLC
A registered agent, known as a resident agent, is required at around $100-$200 per year. Maryland LLCs must file an annual report with a $300 fee.
Steps to Form an LLC in Maryland
- Choose a name after checking for availability and if URL is available to avoid duplication.
- Assign a resident agent.
- File organization articles with Secretary of State.
- Create an operating agreement.
- Apply for EIN.
- Comply with licensing and permitting.
- Make annual filings and payments.
Running a LLC in Maryland
To register a LLC in Maryland costs $100. Expect 6-8 weeks processing time. Expedited processing costs $50 more and takes 2 weeks.
Establishing an LLC in Maryland
To form a Maryland LLC, you’ll need to file the Articles of Organization with the Maryland Department of Assessments and Taxation, which costs $100.
Starting an LLC in Maryland
- Choose your business name.
- Hire a resident agent in Maryland.
- File formation documents with the state.
- Create an operating agreement.
- Apply for an EIN.
- Comply with licensing, permitting, registration, and annual reporting requirements.
The main cost to start an LLC in Maryland is $100.00 for filing your Certificate of Formation. You will also need to file an annual report with the state of Maryland on a yearly basis, which also costs $300.00. Get your EIN. Open a business bank account.