Form a S-Corp in Maryland

Everything you need to know about forming a S-Corp in Maryland. Filing fees, requirements, timeline, and step-by-step guidance.

$120

Filing Fee

7-10 business days

Processing Time

$300

Annual Tax

Required

Registered Agent

How to File

Select an available name that complies with Maryland naming requirements and includes 'Corporation,' 'Corp.,' 'Incorporated,' or 'Inc.'

30 minutes

Designate a registered agent with a Maryland address to receive legal documents and official correspondence.

15 minutes

Submit Articles of Incorporation to the Maryland State Department of Assessments and Taxation with required information and filing fee.

45 minutes

Apply for an Employer Identification Number from the IRS for tax purposes and business operations.

20 minutes

Once your S-Corp is officially formed, you'll want to complete these important steps:

•File Form 2553 for S-Corp Election — Submit IRS Form 2553 within 75 days of incorporation to elect S-Corporation tax treatment.
•Create Corporate Bylaws — Draft bylaws to establish internal operating procedures, though not required to be filed with the state.
•Issue Stock and Hold Initial Meeting — Issue stock certificates to shareholders and conduct initial board of directors meeting to adopt bylaws and elect officers.

✓Pass-through taxation avoids double taxation while maintaining corporate structure
✓Limited liability protection for shareholders from business debts and obligations
✓Enhanced credibility and professional image with customers, vendors, and investors
✓Easier to attract investors and transfer ownership through stock sales

•Strict eligibility requirements including 100 shareholder limit and single class of stock
•Required corporate formalities including board meetings, resolutions, and detailed record-keeping
•More complex tax filings and potential for increased accounting costs

Franchise Tax:$300

Annual Report Fee:$300

Report Due:April 15

Maryland corporations must file an Annual Report and pay $300 franchise tax by April 15th each year. Personal property returns may also be required.

Last verified: December 2025Source

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