Maryland LLC — Frequently Asked Questions
How much does it cost to form an LLC in Maryland?
The state filing fee to form an LLC in Maryland is $100. That's one of the more affordable states to form an LLC. On top of that, plan for $300 each year in annual report fees. Our formation service is $199, which includes the state fee, resident agent for the first year, operating agreement, and EIN assistance.
How long does it take to form an LLC in Maryland?
Standard processing runs 7-10 business days. If you pay $50 for expedited service, you can usually get to Same day. We file on your behalf and notify you as soon as the State Department of Assessments and Taxation (SDAT) processes the formation.
Does Maryland require an annual report for LLCs?
Yes, every year. The fee is $300. Missing the filing deadline can lead to late fees and eventually administrative dissolution by the State Department of Assessments and Taxation (SDAT).
Do I need a resident agent for my Maryland LLC?
Yes. Every LLC registered with the State Department of Assessments and Taxation (SDAT) is required to maintain a resident agent with a physical Maryland address. This is true from the moment you file your formation documents and remains true for as long as the LLC exists. We provide this service — first year included with formation, $99/year after that.
Can I form an LLC in Maryland if I live in another state?
Yes. You don't have to be a Maryland resident to form a Maryland LLC. You do, however, need a resident agent with a physical Maryland address — which is included when you form through us.
Do I need an operating agreement for my Maryland LLC?
Maryland doesn't require you to file an operating agreement with the state, but you absolutely should have one. Banks require it to open a business account. Courts rely on it in disputes. Without one, Maryland's default LLC rules apply — which may not match your intentions. Our formation package includes a customizable operating agreement template.
How do I get an EIN for my Maryland LLC?
Apply directly on IRS.gov — it's free and takes about 10 minutes. You'll receive your EIN immediately after completing the online application. Never pay a third party for an EIN. Our formation package includes EIN application assistance to walk you through it.
What's included in your $199 formation package?
Everything you need to form your Maryland LLC: Articles of Organization preparation and filing, $100 state fee paid to the State Department of Assessments and Taxation (SDAT), first year of resident agent service, operating agreement template, EIN application assistance, and an online dashboard for document storage and compliance tracking.
Still Have Questions?
We're here to help. Reach out Monday through Friday and we'll answer any questions about forming an LLC in Maryland or how our services work.