Maryland Business Registration for Your LLC
Located on the east coast of the U.S., Maryland borders Delaware, Pennsylvania, Virginia, West Virginia and Washington, D.C. In fact, it donated part of its land to form Washington in the late 18th century. Due to its location between many economically strong states and Washington, it currently boasts the highest household median income anywhere in the U.S.
For most business owners, the fastest and easiest way to start a business in Maryland is by creating a Maryland LLC. A limited liability company (LLC) is a type of business entity that’s ideal for startups and small- to medium-sized businesses. You get the advantages and protections of larger Maryland corporations, but with much simpler rules and regulations.
Briefly, the benefits of starting a Maryland LLC include:
- Separating and limiting your personal liability from your business liability and debts
- Quick and simple filing, management, compliance, regulation and administration of your Maryland LLC
- Easy tax filing and potential advantages for your tax treatment
Learn more about the benefits of the LLC business structure here.
Form an Maryland LLC in Six Quick Steps
This guide has plenty of information on how to create your Maryland LLC, but you can break down the basics of forming a business in MD into just a few simple steps.
First, you need to gather basic information about your LLC, including the names and addresses of the managers or members. The LLC members are typically the people who own and run the business. They are also the ones who can take profits out of the business to pay themselves.
You will need a distinctive and original name for your Maryland LLC that’s not used by any other business in MD. To find out if another company is using your chosen business name, carry out a Maryland business entity name search on the MD Business Express website.
There are a few rules you’ll need to follow when choosing an LLC name. You can find out more in our guide to searching for and naming your Maryland LLC.
Learn about Maryland LLC business naming rules.
Every Maryland LLC must have a designated street address. That could be your home address (if you’re running the company from your residence), your company’s office building or any physical address of your preference. The address must be inside the state of Maryland, but it cannot be a P.O. Box.
Every MD LLC must have a “Registered Agent,” known in Maryland as a “Resident Agent” when it is formed. This is an official position; the Registered Agent is someone who receives official legal and tax correspondence and has responsibility for filing reports with Maryland Business Express.
This position can be filled by you, another manager in the business or a dedicated Registered Agent service. Your MD Registered Agent must have a physical street address in Maryland and must be present to receive important documents for your company during business hours.
At Incfile, all of our packages include a Maryland Registered Agent service that is free for the first year and just $119 per year afterward. We also have a dashboard where you can log in and easily view any document your Registered Agent has received on your behalf.
Learn more about Maryland Registered Agents.
You will need an EIN to identify your business to the IRS. You use this number when filing and paying taxes or when submitting payroll information and payments for your employees. You can obtain one directly from the IRS, or we can get one for you as part of the Maryland LLC business formation process.
Once you've gathered all the information for your Maryland LLC, you’ll need to file a formal document with MD Business Express. This document is known as your “Articles of Organization,” and filing the document creates your Maryland LLC. Here’s what is typically included:
- Your business name and address
- Details of your Registered Agent
- Purpose of your business
- Name of the incorporator
You can file your Maryland LLC Articles of Organization online, mail in a form or have Incfile do it on your behalf. There is a fee to file and start an LLC in Maryland. You only need to file your Articles of Organization once.
Form your LLC now.
Review Information from Maryland Business Express
The MD Business Express website has plenty of information on forming and running a business in Maryland.
These are all the basic steps for forming an LLC in Maryland. You’ll find other useful information below.
Special Types of Maryland LLCs
A regular Maryland LLC is suitable for most business needs, but you also have a few other options to incorporate a special type of LLC.
Some states, including Maryland, allow certain occupations to form “Professional LLCs.” These types of businesses typically have special requirements and licensing.
Here are the occupations that the MD Business Express allows to form professional LLCs:
- Architects
- Accountants
- Attorneys
- Chiropractors
- Dentists
- Osteopathic physicians
- Physicians
- Physical therapists
- Professional engineers
- Podiatrists
- Psychologists
- Real estate
- Veterinarians
If your business is already operating in another state and expanding to Maryland, you’ll need to form a foreign LLC.
More information on Maryland filing and licensing requirements here.
What to Do After Starting Your Maryland LLC
Want to know your next steps after creating a new LLC in Maryland? We’ve got you covered. Here’s our guide to understanding your ongoing requirements, setting up new bank accounts, protecting your business name, getting accounting in place and more.
Learn More About How to Start a Maryland LLC
You’ll find plenty more insight and guidance on the other pages of this guide, including:
Naming Your Maryland LLC
How to search the Maryland business registry of MD Business Express and find the right name. Includes information on naming rules, fictitious names, reserving a Maryland LLC name and more.
Maryland Resident Agents for Your LLC
How to appoint a Maryland Registered Agent to your new LLC or change to a different Registered Agent. Includes information on Registered Agent rules and searching for Maryland Registered Agents.
Fees and Requirements for Your Maryland LLC
How to understand the various fees you’ll need to pay and the requirements you’ll need to meet for both federal and Maryland rules. Includes details of Employer Identification Numbers (EINs), Maryland and federal business licenses, Maryland annual reports and more.
Federal, State, Sales and Other Taxes for Your Maryland LLC
How to understand the various taxes you will need to pay to the federal and Maryland government. Includes details of federal taxes like income and self-employment, and Maryland taxes like sales tax and income tax.
