How to Start an LLC in Maryland

1Name Your Maryland LLC

The first listing requirement is ensuring your business name is unique. It must be distinguishable from other entities registered with the Dept. of Assessments. You must also include a designator like "LLC" or "Limited Liability Company" to comply with state statutes.

2Assign a Registered Agent

Every Maryland LLC must appoint a Registered Agent. This individual or business entity agrees to accept legal documents (Service of Process) on behalf of your company. They must have a physical street address in Maryland (not a P.O. Box) and be available during regular business hours.

3File Articles of Organization

To officially create your entity, you must file the Articles of Organization with the state. The filing fee is $100. This fee is non-refundable. Most entrepreneurs choose to file online for faster approval, which typically takes 4-6 weeks.

4Get Your EIN & Bank Account

Once your LLC is approved, apply for an EIN (Employer Identification Number) from the IRS. This nine-digit number is required to open a business bank account, hire employees, and file taxes. Keeping your business finances separate from personal accounts is critical for maintaining your liability protection.

Maryland LLC Cost Breakdown

The cost to open an LLC in Maryland includes both the initial filing fee and ongoing compliance fees. Here is the breakdown:

* Fees are payable to the Dept. of Assessments and are subject to change.