This document may be used to register an offer and sale of franchises or to register a renewal statement or annual report. The document also contains a certification statement.
Iowa Maryland Franchise Registration Application
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Multi-State
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US-4-05-STP
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How to fill out Maryland Franchise Registration Application?
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FAQ
Maryland is one of about 15 states in the United States that requires ?registration? of franchise offerings. Before you offer or sell any franchise in Maryland or to any Maryland residents, you must first register your franchise offering with the Securities Division, Office of the Attorney General.
Look for keywords like "franchise" or "become an owner." Additionally, online business directories can be a great resource for finding out if a brand is a franchise or not. A second key indicator for identifying franchises is the Franchise Disclosure Document (FDD).
While Iowa does not require registration, the State has enacted Business Opportunity Laws. But a franchisor is exempt from these laws as long as they abide by the Federal Franchise Rule. Kansas is a non-registration state. Massachusetts is a non-registration state.
What are Maryland's FDD Registration and Renewal Fees? The initial FDD registration fee is $500 and the annual FDD renewal fee is $250.
Maryland is one of about 15 states in the United States that requires ?registration? of franchise offerings. Before you offer or sell any franchise in Maryland or to any Maryland residents, you must first register your franchise offering with the Securities Division, Office of the Attorney General.
Maryland General Franchise Laws Reg. Law §14-201 defines many of the terms involved, laying the groundwork for all the state franchise laws. A franchise is a sales agreement to give the right to sell or distribute goods and services via a proprietary system and brand in exchange for a franchise fee of some manner.
So, you must register your FDD with the Securities Division of the Maryland Attorney General's Office prior to offering or selling franchises in Maryland. Maryland charges a $500 fee for the initial registration application and a $250 fee for renewal applications, which must be done annually.
Every franchisor charges a different fee based on their particular business and the industry they're in. Across all franchises, the average initial fee hovers around $25,000 ? $50,000.
