Maryland Business Overview

Your Maryland Company Formed By:

07:40:16 AM
Corporation
Thursday
May 25th
LLC
Thursday
May 25th

Starting a Business in Maryland

The Basics

We take the confusion out of filing. Our simple order process, our knowledgeable staff, and our great prices make forming a legal business entity in Maryland simple and affordable. We prepare the necessary documents to create your business for your review and signature. We then review the documents again making certain that there are no omissions or errors and submit the documents to the State Department of Assessments and Taxation and monitor the status for approval.

We can take care of the documents; you take care of your business.

Doing Business in Maryland

Business Maintenance

All Maryland Corporations and LLCs Must File: 

  • Articles of Incorporation
    File your Articles of Incorporation or Articles of Organization with the Maryland Secretary of State and pay the filing fee. The cost to form a Maryland corporation or Maryland LLC is $100.
  • Personal Property Return
    The Maryland Annual Personal Property Return must be filed by Maryland businesses, including corporations and LLCs. There is a $300 fee to file the return. Most businesses can file the return online.

Maryland Business Taxes

Personal Income Tax
The Maryland personal tax rates range from 2% on the first $1000 of taxable income up to 5.75% on income over $250,000.

Corporate Business Tax
The tax rate for Maryland corporations is 8.25%.

Maryland Business License

Maryland does not have a state general business license. However, you will need to apply for the necessary state or local occupational licenses, permits, etc.