Maryland Articles of Incorporation
Maryland articles of incorporation are filed to create a corporation.
Preparing and filing your articles of incorporation is the first step in starting your business corporation. Approval of this document secures your corporate name and creates the legal entity of the corporation. Only after this approval can the corporation apply for tax IDs, obtain business licenses, sign contracts, and otherwise conduct business.
Incorporating provides many important benefits:
- Limits the liability of directors, officers, and shareholders
- Fulfills statutory requirements to register your business name
- Provides governance and adds credibility
|Agency:||Maryland State Department of Assessments and Taxation (SDAT)|
Mail, fax, in-person, or online.
$120 filing fee + optional $5 returned mail fee + optional $50 expedited service fee. The expedite fee is required to file online, by fax, or in-person. If the aggregate par value of the stock exceeds $100,000 or if no par value stock is used and the corporation has authority to issue more than 5,000 shares, then call 1-410-767-1340 for your filing fee.
~8+ weeks. ~7 business days with expedite fee online or by fax. Same-day if filed in-person with expedite fee by 4:15pm.
Other Helpful Maryland Facts
As you are preparing to incorporate, keep in mind the following requirements specific to Maryland.
- Number: One or more required.
- Qualifications: None.
- Quorum: Majority of directors, unless bylaws fix a different number. No less than one third.
- President, Secretary, and Treasurer required.
- Required: Yes.
Maryland Annual Shareholder Meeting
- Required: Yes.
- Action by written consent: Allowed if by all shareholders entitled to vote on the action.
- Qualifications: N/A
- Stock Certificate: Required.
- Voting Trusts Allowed: Yes.