Maine Application For Reservation of Name is a process used in the state of Maine to reserve a business name before it is officially registered. The application is used to reserve a name for up to 120 days, allowing businesses to be sure the name is available before filing the actual business registration documents. There are two types of Maine Application For Reservation of Name: 1) For Profit and 2) Nonprofit. The application requires the user to provide their name, address, and contact information, as well as the name of the business, the business type (for-profit or nonprofit), and the purpose of the business. Once the application is completed and submitted, it will be reviewed by the Secretary of State and the name will either be approved or rejected. If approved, the user will be issued a Certificate of Reservation which will allow them to use the name for up to 120 days while they complete the business registration process.
Maine Application For Reservation of Name
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How to fill out Maine Application For Reservation Of Name?
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The state of Maine charges a $145 filing fee for Articles of Incorporation, with a standard filing time of about 14 days. There is an optional 24-hour expediting process that costs $50, and an immediate expediting process that costs $100.
You can get an LLC in Maine in 10-15 business days (plus mail time). If you need your Maine LLC faster, you can pay for expedited processing.
How much does it cost to open an LLC in Maine? The Secretary of State charges $175 to file an LLC with the state. You may also pay additional fees for reserving a name or amending the application.
The Maine LLC will be your best choice for small to medium-sized businesses. LLCs in this state are less expensive and time-consuming to form and maintain than corporations, and provide easy management, flexibility and liability protection.
Starting an LLC in Maine. Decide on a name for your business. Assign an agent for service of process. Get an Employer Identification Number (EIN) from the IRS. Create an operating agreement. Familiarize yourself with the LLC's continuing legal obligations, specifically annual reports. Filing an LLC and Fees.
If you don't want to form your corporation right away, you can reserve the business name. You'll do this by completing an Application for Reservation of Name form and filing it with the Maine Department of the Secretary of State, BCEC. The name will be reserved for 120 days.
Maine requires that all registered businesses appoint a registered agent. Your business registration filing will be rejected by the Maine Division of Corporations if you do not appoint a registered agent.
