Filing fee: $100 · Agency: Maryland Department of Assessments and Taxation
Processing time: 20 business days; 7-business-day expedite available for an extra fee.
Annual report: Annual report fee: $300.
Franchise tax: Maryland does not impose a general franchise tax on most LLCs. Franchise taxes apply only to specific industries like public service companies and financial institutions.
Notes: Maryland LLCs are pass-through entities for tax purposes by default. The state allows for anonymous LLCs as member/manager information is not required in the Articles of Organization.