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 Maryland corporations.
Maryland corporations must keep the following with their corporate records in written form or in a form that can be easily converted to written form:
The following are taxation requirements and ongoing fees for Maryland 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.
Maryland recognizes the federal S corporation election and does not require a state-level S corporation election.
View the following additional resources BizFilings has for forming and maintaining companies in Maryland:
The state in which you form your company can provide certain benefits.