FAQ: Frequently Asked Questions For Maryland
Maryland Limited Liability Company

LLC Name Endings
LLC Requirements
Taxes and Fees
License Requirements




LLC Name Endings

  • The name of an LLC must end with "Limited Liability Company," "LLC,"
    or "L.L.C."

LLC Requirements

Member/Manager Information

  • Minimum Number - one or more
  • Residence Requirements - no provision
  • Age Requirements - no provision
  • Members/managers are not required to be listed in the articles of
    organization

Taxes and Fees

Initial & Annual Statements

  • Annual report is due by April 15th for corporations and LLC's. The cost
    is $300.

Taxes


License Requirements

  • Maryland requires most businesses to obtain a license and pay a fee if
    operating the state.  Please check with the state to make sure your
    business is complying with the license requirements for your particular
    profession.
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