Are you looking to incorporate in Maryland? Are you trying to learn about Maryland incorporation or corporation laws? The following summary can get you started on your path to incorporation.
Secretary of State Contact Information | Maryland Secretary of State 301 West Preston Street Baltimore, MD 21201 (410) 974-5521 (888) 874-0013 (410) 974-5190 (fax) |
Secretary of State Address | www.sos.state.md.us |
Corporation Filing Fees | The fee for filing Articles of Incorporation is $100 unless the aggregate par value of the stock exceeds $100,000 or, if no par value stock is used, the corporation has authority to issue more than 5,000 shares. If stock exceeds these amounts, call (410) 767-1340 for the fee. |
Corporation Name Reservation Information and Fees | Maryland incorporators may reserve a corporate name by paying a $25 fee. The name reservation remains effective for 30 days. |
Incorporation Forms | www.dat.state.md.us/sdatweb/sdatforms.html |
Periodic Corporation Reporting Requirements | Maryland corporations and qualified foreign corporations must file an annual Personal Property Report (Form 1) no later than April 15. The annual report fee recently increased to $300 per year. |
Corporation Tax Forms | http://business.marylandtaxes.com/taxforms/default.asp |
Corporate Tax Summary | Maryland corporations and foreign corporations with Maryland income must pay a corporate income tax. The tax rate is 7 percent. |
“S” Corporation Information | Maryland recognizes the federal S corporation provision. The subchapter S election is automatic and no state specific forms need be filed to make the subchapter S election. |
Are you ready to form your Corporation or LLC today?
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Michael Spadaccini is the author of 8 books on self-help legal matters such as, Ultimate LLC Compliance Guide: Covers All 50 States (Ultimate Series), Ultimate Book of Forming Corps, LLCs, Partnerships & Sole Proprietorships, and Ultimate Guide to Forming an LLC in Any State, Second Edition (Ultimate Series).
You can view his Amazon Author Profile Here.
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