Maryland LLC Requirements

After forming a limited liability company (LLC), you must undertake certain steps on an ongoing basis to keep your business in compliance. These steps are also important in preserving the limited liability an LLC provides its owner(s). This guide outlines the ongoing requirements for Maryland LLCs.

Maryland LLC taxes and fees

The following are taxation requirements and ongoing fees for Maryland LLCs:

  • Annual report. Maryland requires LLCs to file an annual report (Personal Property Return) by April 15. The filing fee is $300.
  • Taxes. For complete details on state taxes for Maryland LLCs, visit Business Owner's Toolkit or the State of Maryland.
  • Federal tax identification number (EIN). An EIN is required for LLCs that will have employees. Additionally, most banks require an EIN in order to open a business bank account.
  • State tax identification number. Maryland requires a state tax identification number.

Business licenses in Maryland

Business licenses and/or permits are required for most businesses. The BizFilings Business License Application Package can help you stay on top of these requirements.

Additional Maryland information

View the following additional resources BizFilings has for forming and maintaining companies in Maryland: