Whether you are starting a business or incorporating an existing one in Maine, you’ll want to understand state requirements for Maine corporations and limited liability companies (LLCs).
Maine Corporation Formation Requirements
Cost to incorporate. BizFilings clearly outlines our fees and the state fees to form a corporation in Maine. View our pricing to plainly see:
- BizFilings’ package prices. BizFilings offers three incorporation service packages from which you can choose.
- State fee for standard turn-around. Our pricing clearly shows the state fee to incorporate in Maine with standard turn-around.
- Expedited turn-around. You will see the BizFilings and state fee, if any, for expedited turn-around.
- Certified copy. Our pricing also clearly displays the BizFilings and state fee, if any, for issuing a Certified Copy of the Articles of Incorporation.
Corporate name. The corporation’s name must contain the word “Corporation,” “Incorporated,” “Limited,” “Company,” or an abbreviation thereof. The name cannot be any name that is the same as or deceptively similar to the name of any domestic corporation or foreign-qualified corporation without authorization. The name cannot utilize a reserved name. The name shall not contain any word or phrase indicating it is organized for any purpose not permitted by Maine law.
Director information. The following are Maine’s requirements for directors of corporations.
- Minimum number. Corporations must have one or more directors.
- Residence requirements. Maine does not have a provision specifying where directors must reside.
- Age requirements. Maine does not have age requirements.
- Inclusion in the Articles of Incorporation. Director names and addresses are not required to be listed in the Articles of Incorporation.
Officers. Officer names and addresses are not required to be listed in the Articles of Incorporation.
Stock. Authorized shares must be listed in the Articles of Incorporation. An increase in the number of shares can affect initial filing fees.
Registered agent. Corporations must list the name and address of a registered agent with a physical address (no P.O. Boxes) in Maine. The registered agent must be available during normal business hours to accept important legal and tax documents for the business.
Professional services businesses. Professional corporations (PCs) are allowed to be formed in Maine for professional services businesses.