LLC Cost in Maryland — Complete Breakdown
Everything you need to know about forming and maintaining an LLC in Maryland.
Maryland LLC Formation Costs
Detailed Cost Breakdown for Maryland
| Cost Item | Amount |
|---|---|
| Articles of Organization (Filing Fee) | $100 |
| Annual Report / Franchise Tax | $300/yr |
| Registered Agent Service | $150/yr |
| Expedited Processing (optional) | +$50 |
| Operating Agreement (recommended) | $0 – $200 |
| EIN (Federal Tax ID) | Free (IRS) |
| Estimated First-Year Total | $550 |
Cost Comparison: Maryland vs. Neighboring States
| State | Filing Fee | Annual Fee | Total 1st Year | vs. Maryland |
|---|---|---|---|---|
| Maryland | $100 | $300 | $550 | — |
| Pennsylvania | $125 | $0 | $275 | -$275 |
| Delaware | $90 | $300 | $540 | -$10 |
| Virginia | $100 | $50 | $300 | -$250 |
| West Virginia | $100 | $25 | $275 | -$275 |
| District of Columbia | $99 | $300 | $549 | -$1 |
Frequently Asked Questions: Maryland LLC
How much does it cost to start an LLC in Maryland?
The state filing fee for an LLC in Maryland is $100. Including a registered agent service (~$150/yr) and any annual report fees ($300), expect total first-year costs of approximately $550.
How long does it take to form an LLC in Maryland?
Standard processing in Maryland takes 5-7 business days. Expedited processing is available for an additional $50 and takes 1 business day.
Does Maryland require a registered agent?
Yes, Maryland requires all LLCs to maintain a registered agent with a physical address in the state. Professional registered agent services typically cost $150/year.
What are the annual costs of an LLC in Maryland?
Annual LLC costs in Maryland include the annual report/franchise tax fee of $300 and registered agent fees of approximately $150/year, for a total of about $450 per year after formation.
Can I be my own registered agent in Maryland?
Yes, you can serve as your own registered agent in Maryland as long as you have a physical street address in the state and are available during business hours to accept legal documents.