Compare Business Types in Maryland
Side-by-side comparison of all business entity types. Find the best structure for your Maryland business.
| Feature | Corporation | LLC | Nonprofit | Partnership | S-Corp |
|---|---|---|---|---|---|
| Filing Fee | $120 | $100 | $120 | $0 | $120 |
| Processing Time | 7-10 business days | 5-10 business days | 10-15 business days | Immediate upon creation of partnership agreement | 7-10 business days |
| Annual Tax | — | — | — | — | $300 |
| Registered Agent | Required | Required | Required | Optional | Required |