Maryland LLC Annual Report
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How the Maryland LLC report works: frequency, fee, deadlines, required information, and what happens if you miss it.
Maryland requires an annual report to keep your LLC's records current and in good standing. The fee is $300 per filing.
What the report is for
The report updates the public record: the principal office, mailing address, registered agent, and the members or managers. It is separate from your tax returns and is filed with the Department of Assessments and Taxation, usually online.
Cost and frequency
| Item | Detail |
|---|---|
| Filing frequency | Every year |
| Filing fee | $300 |
| Cost per year, averaged | $300 |
| National median cost per year | $35 |
When it is due
Due dates differ by state. Many states set the deadline by the month you formed the LLC, while others use one fixed date for every entity. Check your account on the Maryland filing office for your exact deadline, and add it to a calendar with a reminder a month ahead.
What information to have ready
- LLC name and state file number
- Principal office and mailing addresses
- Names and addresses of managers or members, depending on the state
- Registered agent name and street address
- Officer or organizer signature and contact details
Late and missed filings
States commonly charge a late fee and, if the report stays unfiled past a grace period, administratively dissolve the LLC. Reinstatement usually costs more than the report itself and can require back filings. Filing on time is the cheapest option.
Maryland LLC at a glance
| Item | Detail |
|---|---|
| Filing office | Department of Assessments and Taxation |
| LLC filing fee | $100 |
| Annual report | $300, filed every year |
| Franchise or entity tax | Personal Property Return $300 |
| State personal income tax | Yes |
| Corporation filing fee (for comparison) | $100 |
Maryland specific notes
Maryland LLCs file an Annual Report and Personal Property Return with the Department of Assessments and Taxation (not the Secretary of State) at $300, due April 15.
Frequently asked questions
Does Maryland require an LLC annual report?
How much does the Maryland LLC report cost?
What happens if I file late in Maryland?
Where do I file the Maryland report?
Sources & further reading
Disclaimer: Legal information, not legal advice. For advice about your specific situation, consult a licensed attorney or CPA in your state. See our full disclaimer.