Maryland at a glance. The state fee is $100: 18 other jurisdictions charge less to form an LLC and 23 charge more. The yearly state cost is still to be confirmed.
What it costs to form an LLC in Maryland
The state fee to form an LLC in Maryland is $100. That is $25 less than Florida's $125.
This is the amount charged by the state itself. It does not include a registered agent, a service company's fee, local business licenses or income taxes.
We could not confirm every figure for this state on an official page yet. Check the state's website before you file.
Maryland annual report and yearly costs
We could not confirm on an official page whether this state requires an annual report or what it costs. Check the state's website before you file.
We could not confirm the yearly cost yet.
Corporation in Maryland
The state fee to form a corporation in Maryland is $120. $100 for the articles plus a $20 organization and capitalization fee (aggregate par value up to $100,000).
The fee in Maryland depends on the number of authorized shares. $120 applies to aggregate par value up to $100,000; a larger capitalization costs more. Coral Filings files every corporation with up to 500 authorized shares, the lowest state tier, so $120 is the price we start from. More shares cost more, and we tell you before filing.
- Annual report: The report costs $300 every year. Timing: April 15, with a 60-day extension available.
- Other state taxes and costs: Annual report and Business Personal Property return: $300 fee per the state's page.
Coral Filings can form your Maryland corporation, as a C-Corporation or with an S-Corporation election planned (you file IRS Form 2553 yourself, and individuals who are not US residents cannot own S-Corporation stock). Start your Maryland corporation. Read what a C-Corp is and what an S-Corp is.
How to form an LLC in Maryland, step by step
- Choose a name that follows Maryland's rules and check that it is available in the state's business search.
- Appoint a registered agent with a physical street address in Maryland. Coral Filings can act as yours.
- File the formation document with the state's filing office and pay the fee. Use the official portal linked below.
- Request an EIN from the IRS.
- Check Maryland's website for any yearly report, so the LLC stays in good standing.
Let Coral Filings handle it
You can usually form an LLC in the state where you do business. Coral Filings can form your Maryland LLC for you and act as your registered agent in Maryland (or you can name your own). The state fee is charged at cost. Start your Maryland LLC. We are not a law firm and do not give legal or tax advice.
Frequently asked questions
How much does it cost to form an LLC in Maryland?
The state fee is $100. Registered agent, local licenses and service company fees are extra.
Does Maryland require an annual report for an LLC?
We could not confirm on an official page whether this state requires an annual report or what it costs. Check the state's website before you file.
How much does it cost to form a corporation in Maryland?
The state fee is $120, based on up to 500 authorized shares, the lowest state tier. More shares cost more.
Can I form an LLC in Maryland if I live in another country?
In most states you can, as long as you have a registered agent with a physical address in the state. Coral Filings can act as your registered agent in the states it sells.
This page is general information, not legal or tax advice. For your specific situation, talk to a licensed attorney or CPA.