What is the cost of filing articles of incorporation in Maryland?

In Maryland, the cost of filing articles of incorporation varies depending on the type of business entity being created and the services selected during the process. Generally, the filing fee for articles of incorporation for a corporation is set at one hundred dollars. If an individual wishes to expedite the processing, there is usually an additional fee. It is also important to note that Maryland imposes an annual franchise tax based on the corporation's revenue, which is a separate cost that business owners should be aware of when planning their finances. Additionally, there may be other fees associated with obtaining necessary permits or licenses relevant to the specific business activities being conducted, so it is advisable for business owners to look into those as well. For the most accurate and updated information regarding costs, it is a good practice to check the Maryland Secretary of State's current web page, where filing fees and related procedures are outlined in detail.