Incorporating in Maryland

For complete and current information concerning Maryland corporations, you should go to the Maryland Secretary of State web site. The following is not an attempt to present all you need to know when forming a corporation in Maryland  but rather to call your attention to just some of the basic information and requirements you may want to know as you submit information to form your corporation.

The information herein is cited from the Maryland Secretary of State web site and the Annotated Code of Maryland. While we make every effort to ensure its accuracy, MaxFilings cannot and does not guarantee that all of the information is accurate or complete and/or current and it should therefore be independently verified.

Maryland corporation name:

A Maryland corporation’s name must include one of the following words or an abbreviation of one of those words: “Corporation”, “Incorporated”, “Limited” or “Company” (provided it is not preceded by “and” or a symbol for “and”). The name must be distinguishable from the names of any other entities organized or authorized to transact business in Maryland as well as names reserved or registered under the state’s laws. The corporation’s name cannot contain language stating or implying that it is organized for a purpose other than that allowed by its articles of incorporation.

Maryland corporation board of directors:

A Maryland corporation shall have at least one director. Subject to provisions under the state’s laws, a corporation shall have the number of directors provided in its charter until changed by its bylaws. The corporation’s charter or bylaws can establish qualifications for directors. Unless required by its charter or bylaws, directors need not be shareholders in the corporation.

Maryland corporation officers:

Officers of a Maryland corporation shall be elected by the board of directors unless otherwise provided in the bylaws. A corporation must have a president, a secretary, and a treasurer and may also have any other officer(s) provided for in its bylaws. If permitted by its bylaws, the same person may hold more than one office in the corporation provided they do not serve concurrently as both its president and vice president. A person holding more than one office cannot act in more than one capacity to execute, acknowledge, or verify an instrument required by law to be executed, acknowledged, or verified by more than one officer.

Maryland corporation shareholders’ and directors’ meetings:

Maryland corporations shall hold an annual shareholders’ meeting to elect directors and transact any other business within its powers. Special shareholders’ meetings may be called by the president, the board of directors, any other person authorized to do so in the charter or bylaws, or when requested by the required percentage of shareholders in accordance with provisions set forth in the state’s laws.

Regular or special board of directors’ meetings may be held at any place in or out of Maryland unless otherwise provided in its charter or bylaws.

Maryland taxes:

Visit the Comptroller of Maryland web site.

Maryland Registered Agent:
Maryland corporations are required to have a registered agent in Maryland. By having MaxFilings provide you with a professional registered agent, you can be assured that all legal documents, tax documents, annual reports, and correspondence with the state and regulatory agencies will be handled promptly, professionally, and efficiently.

Start forming your corporation now:
If you’re ready to form a Maryland corporation with MaxFilings, you can start entering your information now. You’re under no obligation, and there is no charge until you actually place your order.

Incorporate in Maryland