Why Form a Limited Liability Company (LLC)?

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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.

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.

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.

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Filing Time and Price

The state charges this amount to file a new business entity. This fee goes directly to the Secretary of State.

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Compliance Requirements

This report is mandatory and must be filed within the specified time frame in order for the entity to remain in good standing with the state. Failure to file this report can lead to the company being revoked or administratively dissolved.

Other State Requirements

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