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If you want to hire a Maryland Resident Agent company, it will cost between $100 and $300 per year. Note: A Maryland Resident Agent company is also called a Maryland Resident Agent Service, a Registered Agent Service, or a Commercial Resident Agent. These all mean the same thing and we use them interchangeably.
Maryland LLC Cost. The main cost of starting a Maryland LLC is the fee to file the Maryland Articles of Organization, which is $100 by mail or in person or $155 for expedited online filing. Maryland LLCs also need to pay a hefty $300 annual report fee every year.
Pursuant to state code (§ 2-108), all corporations and LLCs authorized to do business in Maryland are required to designate a resident agent (aka registered agent). The resident agent serves as your business' point of contact in the state to accept all legal notices on behalf of your business.
To be your own LLC Registered Agent, you need to have a physical address in Maryland. This is because Registered Agents must have a physical street address in the state. PO Boxes are not allowed. (Note: The address of a Registered Agent is the Registered Office.
To select a registered agent in the State of Maryland, the owner simply provides the registered agent's name and address on the Articles of Organization documents. These documents are filed with the Maryland Department of Assessments and Taxation.
Acting as Your Own Registered Agent You may be the Registered Agent for your Maryland corporation if you have a business office in the state. However, there can be some drawbacks to this approach: Someone must always be present during business hours at the Maryland address to sign for important documents.
If you want to hire a Maryland Resident Agent company, it will cost between $100 and $300 per year. Note: A Maryland Resident Agent company is also called a Maryland Resident Agent Service, a Registered Agent Service, or a Commercial Resident Agent. These all mean the same thing and we use them interchangeably.