We’ve compiled the most common fees associated with forming an LLC in Maryland.
There are several types of Maryland LLC fees you may have to pay when forming your business. We want to point out that any payments made by credit card or PayPal incur a 3% service fee, and payments made via eCheck have a $3.00 service fee.
$155
The cost to file the Articles of Organization is $155
. The current processing time is 3 – 4 weeks.
You can pay $0.00 for expedited processing, and SDAT will review your documents in 16 – 18 days. SDAT considers documents filed online as expedited, so you’ll pay the $0.00 fee if you file online. If you want to speed up the process even more, for $79, you can have your documents reviewed within 13 – 14 days of filing.
All Maryland LLCs must file an Annual Report. The cost is $300.
The cost to start a business in Maryland includes more than just the filing fee and annual reporting fee. Let’s look at some other fees you might have to pay.
If you have an available business name picked out but you’re not ready to file your Articles of Organization yet, you can reserve the name. For $25, you have the exclusive right to the name you choose for 30 days while you prepare your paperwork. We can help you do this with our Name Reservation Service.
Some businesses like to use a different name than the one on file with SDAT. This is known as a trade name, and you can register it for $25.
A Certificate of Status is a document that shows your LLC is in good standing. This means you’ve paid all your taxes and are up-to-date with annual filings. To open a bank account for your LLC or get a business insurance policy, you’ll need to provide a Certificate of Status.
Federal, state, and local governments require most businesses to have permits or licenses to operate. The cost of these licenses depends on the type and how many you need. When you purchase our Business License Report Service, our partners at Avalara will generate a report of all the licenses, permits, and registrations you need to legally run your business.
For just $0 plus state fees, we can form your Maryland LLC for you in just minutes. No LegalZoom promo code required: Pay just $0 plus filing fees for fast LLC formation in Maryland.
Yes. There are late filing penalties and interest if you file your LLC’s Annual Report after the April 15th deadline. If you continue failing to pay your fees, SDAT will dissolve your LLC.
SDAT won’t accept or process anything you file without the appropriate fee.
The Maryland State Department of Assessments and Taxation, Charter Division receives all filing fees.
The Maryland State Department of Assessments and Taxation, Charter Division receives all filing fees.
SDAT accepts payments by credit card, PayPal, eCheck, and regular checks. Just remember, credit cards and PayPal have a 3% service fee, and eChecks have a $3.00 service fee.
Mailing Address: 16 Francis St. Annapolis, MD 21401 | Office Hours: 8:30 – 4:30 Certification Hours: 9:00 – 1:00 |
Telephone: 410-974-5521 | Website: https://sos.maryland.gov/Pages/default.aspx |
If you’re confused about the average cost to start a business in Maryland, we can help. Starting a company can seem overwhelming, but it doesn’t have to be. We’re here to make life easier for you at this exciting time. We offer a variety of products and services designed for starting and growing small businesses.
Disclaimer: The content on this page is for information purposes only, and does not constitute legal, tax, or accounting advice. If you have specific questions about any of these topics, seek the counsel of a licensed professional.
Written by Team ZenBusiness
ZenBusiness has helped people start, run, and grow over 700,000 dream companies. The editorial team at ZenBusiness has over 20 years of collective small business publishing experience and is composed of business formation experts who are dedicated to empowering and educating entrepreneurs about owning a company.
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