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How do I set up an LLC in MD?

Just follow these seven steps, and youll be on your way. Name Your Maryland LLC. Choose Your Registered Agent. Prepare and File Articles of Organization. Receive a Certificate From the State. Create an Operating Agreement. Get an Employer Identification Number.

How much is a LLC in Maryland?

Forming an LLC in Maryland costs $100, but there are additional fees to consider. All Maryland LLCs must file an annual report and pay a $300 annual fee. If your LLC owns, leases or uses personal property in Maryland, you must also file a personal property tax return.

Is Maryland a good state for LLC?

Maryland LLCs provide the business owner(s) with similar protection to what large corporations enjoy, only for a smaller business. That means that your business can reap tax benefits and liability protections afforded to LLCs.

How long does it take to register LLC in MD?

You can get an LLC in Maryland in 7 business days if you file online (or 6-8 weeks if you file by mail). If you need your Maryland LLC faster, you can file by mail and pay for expedited processing.