A Certificate of Formation in Maine names and states the purpose of a company, designates its registered agent, and states the amount and type of shares of stock the entity is authorized to issue. Some information required on a Certificate of Formation form in Maine includes the LLC’s name, address, registered agent information, and member/manager information.
Many Maine entrepreneurs choose to form a limited liability company (LLC) because of the benefits of this business entity type.
- An LLC provides liability protection, so your assets are not at risk if your business is sued or cannot pay debts.
- An LLC is a “pass-through entity” for tax purposes, meaning income passes through the business to the LLC owners or members, who report it on their tax returns.
- Get Your Certificate of Formation.
- Fill out the Certificate of Formation.
- File the Certificate of Formation.
The Certificate of Formation, once approved by the Secretary of State’s office, creates your Maine LLC.
- LLC formation cost: $175.
- Annual report cost: $85.
- Cost for registered agent: Employing a registered agent service keeps your firm in compliance, informs you of critical filing dates, and helps you avoid late fines.
If you want to hire a company to form your LLC instead of doing it yourself, check out Best LLC Services in Maine.