Select a new registered agent as the first step. Selecting a new registered agent for your LLC is the first step. The agent’s physical address must be on a street in Maine and cannot be a post office box. A professional registered agent service or an individual, such as you or another member of your LLC, are both options.
Step 2: Complete the Form for a Change of Registered Agent You must complete the Change of Registered Agent form after deciding on a new registered agent. On the website of the Maine Secretary of State, this form is accessible. The name of your LLC, the name and address of your new registered agent, and the signature of an authorized LLC representative are all required.
Step 3: Submit the Application and Pay the Fee You must submit the form to the Maine Secretary of State’s office once it has been completed. This can be done in person, via mail, or online. The cost to change your registered agent is $35. You can use a credit card to pay the filing cost if you do it online. You can use a check or money order to pay if you file in person or by mail.
Does an LLC receive a 1099 in light of this?
A 1099 is not issued to an LLC. In its place, the LLC’s members are given a K-1 form that details their portion of the company’s earnings, credits, and deductions. These particulars must be disclosed by the members on their individual tax forms. What tax treatment do LLCs receive in Maine? In Maine, LLCs are subject to pass-through taxation. As a result, the LLC does not have to pay taxes on its earnings. The money is instead “passed through” to the members, who then include it in their individual tax filings. LLCs are likewise subject to a franchise tax in Maine. The tax is determined on a sliding scale based on the income of the LLC.
How do I submit a Maine LLC tax return? LLCs in Maine are required to submit a Form 1065, a partnership tax return. This form displays the LLC’s annual income, deductions, and credits. Each member must also receive a K-1 form from the LLC, which details their portion of the company’s earnings as well as any deductions and credits. Members are obligated to provide this information on their individual tax returns. Every year on March 15th, the Form 1065 is due.