How Long Does It Take to Get an LLC in Maryland?
Are you thinking about starting a business in Maryland? An LLC can be a great option for many entrepreneurs. But you might wonder how long it takes to set up.
The timeline for getting an LLC approved in Maryland depends on the filing method. Online submissions can take up to 2 weeks, while mail filings take 5 to 8 weeks. An expedited option for mail filings speeds up the process to 2 weeks.
This article provides a comprehensive guide that covers the time it takes to form an LLC in Maryland.
Maryland LLC Approval Time and Duration
Maryland offers online and mail filing options with varying processing speeds.
Online Filing
You can file for your Maryland LLC online through the state’s Business Express portal. This is the fastest way to get approved.
Online filings take 7-10 business days (up to 2 weeks) to process and get approval. The Maryland Business Express (MBE) portal lets you download your approved documents as soon as they’re ready.
Mail Filing
If you choose to mail in your LLC paperwork, expect a longer wait. Mail filings in Maryland usually take 7-10 weeks for approval, including 5-8 weeks for processing, plus mailing time.
The state has to receive your forms, review them, and mail back the approved documents. While slower, mail filing can be a good option if you prefer working with paper forms.
Maryland LLC Processing Time
Here’s a breakdown of the different filing methods and processing times:
LLC Filing Method | LLC Processing Time |
---|---|
Online Filing | 7-10 business days |
Mail Filing | 5-8 weeks |
Should I file online or via mail?
Filing online is the best option for most people starting an LLC in Maryland. It’s faster and more convenient than mailing in your forms. You can submit your Articles of Organization any time, day or night.
With online filing, you can pay fees by credit card right away, speeding up the process. You also get instant confirmation that the state received your filing.
On the other hand, filing by mail has a processing time of 5-8 weeks. If you include the mail transit time it takes for the state to receive your paper filings and send your approved documents, the duration can reach 10 weeks!
Note that processing times may vary based on how busy the state office is. During peak times, it could take longer to get your LLC approved.
Expedited Filing Option for a Maryland LLC
Maryland offers expedited processing for LLC formation for mail filings. This option speeds up the approval time for your LLC paperwork. The cost is an extra $50 on top of the standard $100 filing fee.
With expedited processing, your LLC documents are typically approved within 7-10 business days. This is much faster than the 7-10 weeks processing time for mail filings.
Also, Maryland provides a rush processing option that costs an additional $325. This option speeds up the processing time to 3 hours or less if you submit between 8:30 a.m. and 2:30 p.m. on business days and the next day if you submit outside this period.
How do you know when your LLC is approved in Maryland?
After filing to form your LLC in Maryland, you’ll want to know when it’s officially approved. The approval time depends on how you submit your paperwork.
If you filed online, you can check your status quickly. Log in to the Maryland Business Express website and look for updates on your application. Online filings usually get approved within 2 weeks.
The process takes longer for mailed applications. You’ll need to wait 7-10 weeks before your LLC is approved. Once it’s done, the state will mail you a confirmation letter.
You can also call the Maryland Department of Assessments and Taxation to inquire about your status. When you call, have your LLC name and filing date ready.
Another option is to search the Maryland business database online. Enter your LLC name and see if it shows up as an active business. This means it’s been approved. Remember, your LLC isn’t official until you get approval from the state.
What is a Certificate of Status, and how can I obtain one?
A “Certificate of Status” (generally called a “good standing” certificate) means that all documents and fees required by law have been received and that your entity isn’t delinquent in tax payments. You can obtain one online at Maryland Business Express or by visiting the Maryland Department of Assessments & Taxation.
What’s the fastest way to get an LLC in Maryland?
The quickest way to get an LLC in Maryland is to file yourself by mail and pay for rush processing. This option has the fastest approval time of 3 hours or less. However, it will cost you $325, excluding the standard filling fee ($100).
Another fast option is to use the services of a professional registered agent experienced in Maryland LLC formation requirements to save time and minimize errors.
Do you need a registered agent for an LLC in Maryland?
Yes, you need a registered agent for your LLC in Maryland. This is a legal requirement when forming an LLC in the state. Your registered agent accepts important legal documents and official mail on behalf of your business.
You can act as your registered agent, but this has some drawbacks:
- Your name and address become public records.
- You must be available during business hours.
- You may have to deal with sensitive documents in front of clients.
Hiring a professional registered agent offers privacy protection for your personal information, the flexibility to operate your business from anywhere, and reliable handling of important documents.
Many professional registered agents are available in Maryland, making your LLC formation easier.
I highly recommend Northwest Registered Agent for your LLC formation.
Northwest Registered Agent provides excellent service as a registered agent. They offer address privacy, same-day document scanning, free mail forwarding, online account access, and annual report reminders.
Northwest’s experienced team ensures you never miss critical deadlines or notices. This lets you focus on running your business without worrying about compliance issues.
Frequently Asked Questions
What is the process for setting up an LLC in Maryland?
To set up an LLC in Maryland, you must choose a name, file Articles of Organization, and pay the filing fee. You also need to pick a registered agent and create an operating agreement.
What are the costs associated with forming an LLC in Maryland?
The main cost is the filing fee for Articles of Organization, which is $100. You may have extra costs for a registered agent service or legal help.
How can one expedite the formation of an LLC in Maryland?
You can speed up LLC formation by filing online and paying an extra fee for expedited processing. This can cut the wait time from weeks to just a few days.
What is the duration for establishing a business entity in Maryland?
The normal processing time for an LLC in Maryland via online filings is 7-10 business days. However, this can vary depending on the state office’s workload.
How are annual fees paid for an LLC in Maryland?
Maryland LLCs must file an Annual Report and pay a $300 fee yearly. You can file and pay online through the state’s business portal.
What are the benefits of forming an LLC in Maryland?
LLCs in Maryland offer personal asset protection, tax flexibility, and less paperwork than corporations. They also give you credibility with customers and partners.
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