Each state has different requirements for forming a corporation. Whether you are starting a business or incorporating a business already in existence, you’ll want to understand state requirements for Maine incorporation.
Cost to incorporate in Maine
At BizFilings, we clearly outline our fees and the state fees to form a Maine corporation. View our pricing to incorporate as a
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.
You will see the BizFilings and state fee, if any, for expedited turn-around.
Our pricing also clearly displays the BizFilings and state fee, if any, for issuing a Certified Copy of the Articles of Incorporation.
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.
The following are Maine’s requirements for directors of corporations:
Corporations must have one or more directors.
Maine does not have a provision specifying where directors must reside.
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.
Requirements for the Articles of Incorporation
The document required to form a corporation in Maine is called the Articles of Incorporation. The information required in the formation document varies by state. Maine's requirements include:
Officer names and addresses are not required to be listed in the Articles of Incorporation.
Authorized shares must be listed in the Articles of Incorporation. An increase in the number of shares can affect initial filing fees.
Corporations must list the name and address of a
with a physical address (no post office boxes) in Maine. The registered agent must be available during normal business hours to accept important legal and tax documents for the business.
After forming a corporation, 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 a corporation provides its owners. This guide outlines the ongoing requirements for Maine corporations.
Maine corporations must keep the following at the principal office with their corporate records:
The Articles of Incorporation and any amendments
Bylaws or restated bylaws and any amendments
Resolutions adopted by the board of directors creating one or more classes or series of shares and fixing their relative rights, preferences and limitations
Minutes of director and shareholder meetings for the past three years
A records of action taken by the directors or shareholders without a meeting for the past three years
A record of all actions taken by a committee of the board of directors in place of the board of directors
Written communications to shareholders, including financial records, for the past three years
A list of the names and addresses of shareholders in alphabetical order by class of shares and showing number and class of shares
A list of names and business addresses of current directors and officers
Most recent annual report
Corporate taxes and fees
The following are taxation requirements and ongoing fees for Maine corporations:
Maine requires corporations to file an annual report by June 1. The annual report fee is $85.