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MARYLAND

Why Form a Limited Liability Company (LLC)?


$49 + State Fee & 1st Year FREE Registered Agent

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Best Cities in Maryland to Form Your LLC

Annapolis maryland - LLC Formation in Annapolis maryland Baltimore maryland - LLC Formation in Baltimore maryland

Maryland is a densely-populated state, with most people located in the cities. Although Baltimore is by far the biggest city in the region, it’s not the only option for budding entrepreneurs.

Starting an LLC in Baltimore, MD

Baltimore is Maryland's largest city. Its location 40 miles northeast of the nation’s capital makes it an important center of commerce and government activity. It also has the second-largest seaport in this part of the world, and has transformed itself into a service-based economy.

  • Area of city: 92 square miles
  • Population: 620,000
  • Population density: 7,600 people/square mile
  • Cost of living: 16 percent above national average; housing is 46 percent more expensive
  • Time zone: EST
  • Sales tax: 6 percent

Major Industries in Baltimore, MD

Formerly focused on industry and manufacturing, Baltimore has evolved to become a service and tourism economy. The technology, healthcare and education sectors are also well-supported in the city, together with logistics and distribution via the seaport.

Starting an LLC in Silver Springs, MD

Silver Spring is a major business hub just north of Washington, D.C.

  • Area of city: 8 square miles
  • Population: 77,000
  • Population density: 9,000 people/square mile
  • Cost of living: 44 percent above national average; housing is 137 percent more expensive
  • Time zone: EST
  • Sales tax: 6 percent

Major Industries in Silver Springs, MD

Silver Springs is best known for its biotech, media, retail and non-profit industries.

Starting an LLC in Frederick, MD

Frederick is located close to Baltimore and Washington.

  • Area of city: 23 square miles
  • Population: 70,000
  • Population density: 2,800 people/square mile
  • Cost of living: 40 percent above national average; housing is 119 percent more expensive
  • Time zone: EST
  • Sales tax: 6 percent

Major Industries in Frederick, MD

Frederick is home to several thriving biomedical and technology companies. Retailers, restaurants and antique shops are also vital to the local economy.

Starting an LLC in Gaithersburg, MD

Gaithersburg is a primary city in the area and a center for ethnic diversity and culture.

  • Area of city: 10 square miles
  • Population: 68,000
  • Population density: 6,800 people/square mile
  • Cost of living: 40 percent above national average; housing is 119 percent more expensive
  • Time zone: EST
  • Sales tax: 6 percent

Major Industries in Gaithersburg, MD

Technology, healthcare and manufacturing are all prominent in Gaithersburg.

Ready to Start Your Maryland LLC?

Incfile provides a cost-effective service to help you create your Maryland LLC. We guide you through the process and handle most of the administrative steps, such as filing the Articles of Organization on your behalf. Our basic package also provides a free Registered Agent service for the first year. If you're looking for help starting an LLC, our comprehensive services provide outstanding value.

Only $49 + State Fee To Launch Your Business

Clear Pricing. No Contracts. No Surprise.

What are the fees and requirements to form a business in Maryland?

Filing Time and Price

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

State Fee State Filing Time Expedited Filing Time
$197 2 Weeks 3 Business Days

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.

Annual Report

Frequency: Annually

Due Date: April 15th

Filing Fee:$300

Learn more about starting a business in Maryland

Additional resources, guides, and articles for better decision making.

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