Professional Registered Agent In Maryland
Included In All LLC Packages
- Helps Preserve Your Privacy
- All Correspondence Forward to Your Private Personal Address
- Email and SMS notifications
- Permanent Physical Address in the State
- Stay On Top of Important Deadlines
- Automatic Mail Forwarding
- Helps Manage Documentation From the State
- Digital Dashboard to Store Important Documents
- 1st Year Free with Incorporation Service
Can You Be Your Own Registered Agent In Maryland?
Setting up an LLC will require you to have a registered agent. There are certain states where you must hire someone else in order to fulfill this role. In others, you can actually be the registered agent for yourself. As long as your business is in a physical location, that is all that is needed to fulfill this requirement. In the state of Maryland, it is possible to appoint yourself legally as your own resident agent. However, there is also the option to pay someone else to do the same thing. There are many businesses, for instance, that is done from home. Therefore, if you are working out of your apartment, or your house, you will need to have a registered agent fulfill this role because they will have a physical office. Here is more information on how you can set up an LLC in Maryland.
How To Create An LLC In Maryland
There are certain steps that you need to go through in order to complete this process. As with all of the states, it always begins with the name. You must decide on how you would like the LLC to look at the end of the name of your limited liability company. You must also determine if the name for your LLC is available. It is necessary, as mentioned before, to have a registered agent. In the state of Maryland, this can be a business entity or even an individual, that will receive legal papers on your behalf. They will then forward those papers to you, becoming your immediate area for legal documents that are coming your way.
The Articles Of Organization
Articles of Organization must be filed with the Maryland Department of Assessments and Taxation. On this documentation, you must include the name of your LLC, the reason that you are creating the LLC, and the address of the limited liability company is. In addition to this, you must sign the document, and you must also include the address, name, and also signature of the appointed registered agent that you are using in Maryland. In order to file this, you will have to pay $100 to do so. You can expedite the process if you pay 50 additional dollars. If you do the expedited option, you also have to pay a 3% service fee. However, the minimum hundred dollar payment is only good if you mail it in. If you happen to bring it directly to the Maryland Department of Assessments and Taxation, it could be $50 more, similar to how much it will cost online. Once that is done, you will then need to prepare your Operating Agreement.
Do You Need An Operating Agreement In Maryland?
There is always a question as to whether or not you really need an Operating Agreement in Maryland. This is simply because it’s not required in the state. The only reason you should create is so that it can detail the role of managers and members, specifically in regard to their responsibilities and rights, plus you must also document how the company will be managed. This is advisable if you are ever in a legal situation so that you can show how your company actually operates. On the other hand, if it’s just you, you may want to not do this. In either case, this is simply a document that you will keep on hand and you will not have to file as you did with the Articles of Organization.
Final Things To Consider
Several other things to consider include getting your business license, your EIN number, and you should also register with the Comptroller of Maryland. Financial reports and taxes must be filed, and paid for, respectively, in order to stay compliant with having an LLC in the state. All of this may seem like a straightforward process, but for some, it’s simply easier to have it done for you. You can actually pay companies to assist you in the preparation and filing of this documentation. They can also assist in making sure that you are doing what needs to be done throughout the year to comply with laws related to LLCs.
How To Choose The Right Company To Help You
Some of these companies have been operational for many years or decades. What you will want to do is work with a reliable business that has many years of experience. You need to know that they have helped many others who have started businesses in Maryland easily form LLCs that can help protect their personal assets. After evaluating these businesses, as well as the information on their website, you can make an educated decision. It is simply the easiest way to complete this process and not have to worry about whether or not the paperwork is properly done and submitted.
Although the registered agent is mandatory in the state of Maryland, it is still possible to appoint yourself if you have an office with a physical location. However, you may want to reconsider as it would make things much easier if you had a person acting as an intermediary for all of your legal documents. Once you have filed your paperwork for your LLC, and your registered agent is selected, you can look forward to optimal protection of your personal assets due to your limited liability company.