Everything you need to know about starting and maintaining a business in Maryland — LLC formation, taxes, annual reports, licenses, and compliance requirements.
Maryland is a leading destination for business formation. The state offers a low-cost regulatory environment, managed by the Maryland Department of Assessments. Filings are submitted via the official state portal.
Annual report due: April 15 each year.
For most businesses in Maryland, the recommended structure is:
An LLC provides the ideal balance of personal liability protection, pass-through taxation flexibility, and minimal administrative overhead. Maryland LLCs are governed by the Maryland Department of Assessments with a state filing fee of $100.
Form LLC in MarylandAnnual filing for all Maryland businesses with the Department of Assessments and Taxation.
Form your LLC or Corporation, get your EIN, and stay compliant with expert guidance. No hidden fees. Step-by-step guided formation process.
Start Filing NowNo hidden fees. Step-by-step guided formation process.
| Filing Agency | Maryland Department of Assessments |
| Filing Fee | $100 |
| Late Penalty | $300 |
| Report Required | Yes |
| Report Cycle | Annual |