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    奇迹贼

    To 奇迹贼form an LLC in Maryland奇迹贼 you will need to file the 奇迹贼Articles of Organization奇迹贼 with the 奇迹贼Maryland Department of Assessments and Taxation奇迹贼, which costs $100. You can apply online, by mail, or in-person. The Articles of Organization is the legal document that officially creates your Maryland Limited Liability Company.

    Follow the step-by-step guide below to start your Maryland LLC today and get your business up and running.

    Steps to start an L L C in Maryland

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    奇迹贼

    After registering a domain name, consider setting up a professional email account (@yourcompany.com). Google's G Suite offers a business email service that comes with other useful tools, including word processing, spreadsheets, and more. Try it for free

    Not sure what to name your business? Check out our LLC Name Generator. Then, create a logo with our Free Logo Generator.

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    奇迹贼What is an LLC?奇迹贼

    LLC is short for 奇迹贼Limited Liability Company奇迹贼. It is a simple business structure that offers more flexibility than a traditional corporation while providing many of the same benefits. An LLC is one of several 奇迹贼business structures奇迹贼, such as a sole proprietorship, partnership, and corporation (C corp and S corp). For more information, read our What is an LLC guide.

    Watch our video: What is an LLC?

    奇迹贼Do I need to get a DBA or Trade Name for my business?奇迹贼

    Most LLCs do not need a DBA. The name of the LLC can serve as your company’s brand name and you can accept checks and other payments under that name as well. However, you may wish to register a DBA if you would like to conduct business under another name.

    To learn more about DBAs in your state, read our How to File a DBA guide.

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    奇迹贼Can I be my own Resident Agent in Maryland?奇迹贼

    Yes. You or anyone else in your company can serve as the resident agent for your Maryland LLC.

    Read more about being your own resident agent.

    奇迹贼Is a Registered Agent service worth it?奇迹贼

    Using a professional registered agent service is an affordable way to manage government filings for your LLC. For most businesses, the advantages of using a professional service significantly outweigh the annual costs.

    For more information, read our article on Maryland resident agents.

    奇迹贼

    奇迹贼How long does it take to set up an LLC in Maryland?奇迹贼

    Filing the Articles of Organization takes about 5-7 days online or 4 to 6 weeks by mail. Expedited filings are also available.

    奇迹贼What is the difference between a domestic LLC and foreign LLC?奇迹贼

    An LLC is referred to as a "domestic LLC" when it conducts business in the state where it was formed. Normally when we refer to an LLC we are actually referring to a domestic LLC. A foreign LLC must be formed when an existing LLC wishes to expand its business to another state.

    Read our What Is a Foreign LLC article to learn more.

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    奇迹贼Do I need to file my operating agreement with the state?奇迹贼

    No. The operating agreement is an internal document that you should keep on file for future reference. However, many states do legally require LLCs to have an operating agreement in place.

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    奇迹贼How do I get an EIN if I don’t have a Social Security Number?奇迹贼

    A SSN is 奇迹贼not奇迹贼 required to get an EIN. You can simply fill out IRS Form SS-4 and leave section 7b blank. Then call the IRS at (267) 941-1099 to complete your application. 奇迹贼Learn more about applying as an international applicant.

    奇迹贼What tax structure should I choose for my LLC?奇迹贼

    When you get an EIN, you will be informed of the different tax classification options that are available. Most LLCs elect the default tax status.

    However, some LLCs can reduce their federal tax obligation by choosing the S corporation (S corp) status. To learn more, read our LLC vs S Corp guide.

    奇迹贼Do I need an EIN for my LLC?奇迹贼

    All LLCs with employees, or any LLC with more than one member, must have an EIN. This is 奇迹贼required奇迹贼 by the IRS.

    Learn why we recommend 奇迹贼always奇迹贼 getting an EIN and how to get one for free in our Do I Need an EIN for an LLC guide.

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    We reviewed and ranked the top 5 LLC formation services.
    Find out which is best for you.

    Best LLC Services

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    Using dedicated business banking and credit accounts is essential for 奇迹贼personal asset protection奇迹贼.

    When your personal and business accounts are mixed, your personal assets (your home, car, and other valuables) are at risk in the event your LLC is sued. In business law, this is referred to as piercing your corporate veil.

    Additionally, learning how to build business credit can help you get credit cards and other financing in your business's name (instead of yours), better interest rates, higher lines of credit, and more.

    You can protect your Maryland business with these two steps:

    奇迹贼1. Opening a business bank account:奇迹贼

    • Separates your personal assets from your company's assets, which is necessary for personal asset protection.
    • Makes accounting and tax filing easier.
    A cube with LLC printed on its sides

    奇迹贼Recommended:奇迹贼 BlueVine is an 奇迹贼online bank奇迹贼 with free business checking and no hidden fees. Great for businesses who do not often deal with cash.

    奇迹贼2. Getting a business credit card:奇迹贼

    • Helps you separate personal and business expenses.
    • Builds your company's credit history, which can be useful to raise capital later on.

    奇迹贼

    Improperly signing a document as yourself and not as a representative of the business can leave you open to personal liability. When signing legal documents on behalf of your company, you could follow this formula to avoid problems:

    1. Formal name of your business
    2. Your signature
    3. Your name
    4. Your position in the business as its authorized representative

    See the image below for an example.

    How to properly sign a legal document: 1. Signature 2. Company Name 3. Printed Name 4. A Title

    This ensures that you are signing on behalf of your LLC and not as yourself.

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    奇迹贼

    Depending on the nature of your business, you may be required to register for one or more forms of state tax.

    奇迹贼

    If you are selling a physical product, you’ll typically need to register for a seller's permit through the Maryland Combined Registration Online Application website.

    This certificate allows a business to collect sales tax on taxable sales.

    Sales tax, also called "奇迹贼Sales and Use Tax奇迹贼," is a tax levied by states, counties, and municipalities on business transactions involving the exchange of certain taxable goods or services.

    Read our sales tax guide to find out more.

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    If you have employees in Maryland, you will have to register for the 奇迹贼Unemployment Insurance Tax奇迹贼, and the 奇迹贼Employee Withholding Tax奇迹贼 through the Maryland Department of Labor, Licensing, and Regulation.

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    Maryland requires LLCs to file an annual report with the Department of Assessments & Taxation.

    File Your Annual Report

    奇迹贼OPTION 1: File Online with Maryland Business Express
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    File Online

    - OR -

    奇迹贼OPTION 2: File by Mail奇迹贼

    Download Form


    奇迹贼Fee:奇迹贼 $300, payable to the Secretary of State (Nonrefundable)

    奇迹贼Mail to:
    奇迹贼Department of Assessments and Taxation
    Taxpayer Services Division
    P.O. Box 17052
    Baltimore, MD 21297

    奇迹贼Due Date: 奇迹贼Due April 15 each year

    奇迹贼Late Filings: 奇迹贼 If you file late, Maryland will charge you 1/10 of a percent of your property value. There is an extra two percent interest for every 30 days that your return is filed late. Failure to file will result in your business being assessed at twice the originally estimated value, so your late fees will be doubled, or your LLC 奇迹贼may be dissolved奇迹贼.

    奇迹贼

    LLCs may face fines and even automatic dissolution when they miss one or more state filings. When this happens, LLC owners risk loss of limited liability protection. A quality registered agent service can help prevent this outcome by notifying you of upcoming filing deadlines and by submitting reports on your behalf.

    A cube with LLC printed on its sides

    奇迹贼Recommended:奇迹贼 ZenBusiness offers a reliable registered agent service and excellent customer support.

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    After starting a business, two of the most important things you can do are get professional accounting and hire the right employees. Streamlining these processes can save you time and money as your business grows.

    奇迹贼

    奇迹贼What is the minimum wage in Maryland?奇迹贼

    The minimum wage in Maryland is $11.00 per hour. 

    奇迹贼How often do I need to pay employees in Maryland?奇迹贼

    Employers in Maryland are required to pay employees on a bi-weekly basis. 

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    In the day-to-day of running a business, it's hard to be readily available for new clients or customers who want to contact you. For service-based businesses that don’t already have a brick-and-mortar location, a 奇迹贼virtual office奇迹贼 can solve this problem. You can get a dedicated 奇迹贼business mailing address奇迹贼 and a 奇迹贼business phone number奇迹贼 with call-forwarding so that you never need to worry about losing a potential customer.

    A cube with LLC printed on its sides

    奇迹贼Recommended: 奇迹贼Opus Virtual Office can set up your businesses with a live receptionist and all the perks of a virtual office for a great price of $99/month. Plus, as a visitor of HowToStartAnLLC, you can save $200 today.

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    TRUiC has created video guides to support and reinforce our on-page guides. These videos help to visualize the ideas and lessons that you need to know to create and run a successful business.

    How to Form a Maryland LLC Video Playlist 
    Business Ideas Video Playlist

    Check out our growing library of small business videos on the TRUiC YouTube channel.

    奇迹贼

    Forming a foreign LLC allows your company to operate as one entity in multiple states. If you have an existing LLC and want to do business in Maryland, you will need to register as a foreign LLC. This can be done online or by mail.

    Register as a Foreign LLC in Maryland

    奇迹贼OPTION 1: File Online with Maryland Business Express
    奇迹贼

    File Online

    - OR -

    奇迹贼OPTION 2: File by Mail奇迹贼

    Download Form


    奇迹贼Fee:奇迹贼 $100, payable to the Secretary of State (Nonrefundable)

    奇迹贼Mail to:
    奇迹贼Department of Assessments and Taxation
    301 West Preston Street
    Baltimore, MD 21201

    奇迹贼

    If at any point in the future you no longer wish to conduct business with your Maryland LLC, it is important to officially dissolve it. Failure to do so in a timely fashion can result in tax liabilities and penalties, or even legal trouble. To dissolve your LLC, there are two broad steps:

    • Close your business tax accounts
    • File the Articles of Dissolution

    When you are ready to dissolve your Maryland LLC, follow the steps in our Maryland LLC Dissolution Guide.

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    LLC: An LLC is a US business structure that offers the personal liability protection of a corporation with the pass-through taxation of a sole proprietorship or partnership.

    DBA: A DBA, or doing business as name, is any name a business operates under that isn't its legal name.

    奇迹贼Partnership: A partnership is an informal business structure owned by more than one individual that doesn't provide personal liability protection.

    Have a Question? Leave a Comment!