How much does it cost to form an LLC in Maryland?

$100 to file, and $400 across the whole first year once required reports and minimum state taxes are included. (HelpCompare is in development and this figure may not yet be fully verified — confirm against the state agency before relying on it.)

Does Maryland require an annual report for an LLC?

Yes. Maryland requires a Annual Report and Personal Property Return (Form 1), costing $300. Due April 15 each year; an extension to June 15 is available on request. (HelpCompare is in development and this figure may not yet be fully verified — confirm against the state agency before relying on it.)

What happens if I file late in Maryland?

SDAT can impose penalties and interest and ultimately forfeit the entity's charter. No flat late-fee figure is published for all LLCs. (HelpCompare is in development and this figure may not yet be fully verified — confirm against the state agency before relying on it.)

Maryland · Limited liability company

What an LLC costs in Maryland

$400 in your first year. That's $100 to file with Maryland State Department of Assessments and Taxation (SDAT), and about $300 a year to keep it in good standing after that.

First-year breakdown

State filing fee $100 One-time, paid when you form the LLC
Annual Report and Personal Property Return (Form 1) $300 Due April 15 each year; an extension to June 15 is available on request.
Total, first year $400

Don't file on this alone. We're still verifying figures state by state. Open the source link below and confirm before you pay anything or rely on a deadline.

Verified Checked 10 Sep 2026 Source: dat.maryland.gov All sources

Keeping it alive

Your annual report and personal property return (form 1)

Filing	Annual Report and Personal Property Return (Form 1)
How often	annual
Fee	$300
When it's due	Due April 15 each year; an extension to June 15 is available on request.
If you're late	SDAT can impose penalties and interest and ultimately forfeit the entity's charter. No flat late-fee figure is published for all LLCs.
If you keep ignoring it	Forfeiture of the LLC's charter for failure to file the Annual Report / Personal Property Return, per SDAT's Forfeiture FAQ.

State tax: No distinct LLC franchise tax. The $300 annual filing fee, plus any business personal property tax owed above the $20,000 exemption, is the recurring state charge.

What we're less sure about

Caveats on this page

RESOLVED. The $300 Annual Report fee IS STILL IN FORCE — the current 2026 Form 1 lists 'Domestic or Foreign LLC: $300' with no reduced online rate. The January 2022 proposal to eliminate the fee for online filers was NOT enacted.
$100 formation + $300 annual report = $400 first year. Maryland is the second most expensive first year in the dataset after Massachusetts.
No specific dollar late-fee figure is published by SDAT — only forfeiture. Standard processing time unconfirmed (pages robots-blocked).

Ready to file?

You can file directly with Maryland State Department of Assessments and Taxation (SDAT) yourself — that's always the cheapest route, and we link to the form above. If you'd rather someone handle the paperwork and act as your registered agent, we compare the services that do it.

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