Maryland Trade Name Cancellation Application

State:
Maryland
Control #:
MD-SKU-0623
Format:
PDF
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Description

Trade Name Cancellation Application

The Maryland Trade Name Cancellation Application is a form used to request the cancellation of a trade name. Trade names, also known as assumed names, are used to identify a business other than its legal name. A trade name is registered with the State of Maryland's Department of Assessments and Taxation. The Maryland Trade Name Cancellation Application can be used to request the cancellation of a trade name. The application must be signed by the business owner, and it must include the name of the business, the registration number, and the date the registration was filed. There are two types of Maryland Trade Name Cancellation Applications: the Application for Cancellation of Trade Name and the Application for Cancellation of Trade Name which Includes Cancellation of Fictitious Name Registration. The first form is used to cancel a trade name registration only, while the second form is used to cancel both a trade name and a fictitious name registration.

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FAQ

Your trade name is good for five years after it's accepted by the Maryland State Department of Assessments & Taxation. You should renew your trade name during the six months leading up to the expiration date if you'd like to keep it.

How much does a Maryland Limited Liability Company amendment cost? There is a $100 filing fee for articles of amendment. Expedited service is available for an additional $50.

Names must comply with Maryland's naming requirements. The following are the most important requirements to keep in mind: Your business name must include the words limited liability commpany, LLC, or L.L.C.

Make sure to get the application notarized by someone. Filing in Maryland can be done by mail, fax, or in person through an agency. The regular filing fee is $25; there's an extra $50 for expedited processing. The fee should be addressed to the Department of Assessments and Taxation.

Business owners and other authorized individuals can submit a name change for their business. The specific action required may vary depending on the type of business.

The Commissioner has also required licensees who use multiple trade names to obtain Maryland licenses for these names. The NMLS system, however, can support multiple trade names for any license.

To remove a member from your LLC, a withdrawal notice, a unanimous vote, or a procedure depicted in the articles of organization may entail. The member in question of removal may need to get compensated for his share of membership interests.

You must file your amendment with your name change with the Maryland Secretary of State along with the filing fee. You can submit it by mail, in person, or through Maryland's Business Express site online.

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Maryland Trade Name Cancellation Application