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.
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:
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:
Maine allows professionals, such as accountants, attorneys and physicians, to form a professional corporation (PC).
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 following are taxation requirements and ongoing fees for Maine corporations:
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.
Maine recognizes the federal S corporation election and does not require a state-level S corporation election.
The state in which you form your company can provide certain benefits.
Start your business with confidence. We offer various incorporation packages to get your business up and running. Starting from $99 and includes 6 months FREE Registered Agent services.