Each state has different requirements for forming a limited liability company (LLC). Whether you are starting a business or incorporating a business already in existence, you'll want to understand the state requirements for LLC formation.
Cost to form a Maryland LLC
At BizFilings, we clearly outline our fees and the Maryland state fees. When you view our pricing to form an LLC you 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 Maryland with standard turn-around.
You will see the BizFilings and state fee, if any, for expedited turn-around.
Maryland has a 48-hour filing option, which is outlined in our pricing.
Our pricing also clearly displays the BizFilings and state fee, if any, for issuing a Certified Copy of the Articles of Organization.
The name of an LLC must end with "Limited Liability Company," "L.L.C., "LLC," "L.C." or "LC." The name may not contain language stating or implying that the LLC is organized for a purpose other than the one permitted by the Articles of Organization. The name cannot be the same as or deceptively similar to that of a domestic or foreign-qualified LLC. Listing wording within parentheses within the company name implies multiple names and is not allowed.
The following are Maryland’s requirements for the members/managers of LLCs:
LLCs must have one or more members/managers.
Maryland does not have a provision specifying where members/managers must reside.
Maryland does not have age requirements.
Inclusion in the Articles of Organization.
Member/Manager names and addresses are not required to be listed in the Articles of Organization.
Requirements for the Articles of Organization
The document required to form an LLC in Maryland is called the Articles of Organization. The information required in the formation document varies by state. Maryland's requirements include:
LLCs must list the name and address of a
with a physical address (no post office boxes) in Maryland. The registered agent must be available during normal business hours to accept important legal and tax documents for the business.
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:
Maryland requires LLCs to file an annual report (Personal Property Return) by April 15. The filing fee is $300.