The good news is that Maryland does not charge a fee to apply for a seller’s permit. However, you will be required to regularly record and pay the state’s sales tax as well as collect and remit it on your taxable sales. The location of your company and the kind of goods or services you sell will both affect the sales tax rate. Maryland’s state sales tax is typically 6%, although some counties and municipalities may also levy an extra local sales tax.
You must register with the Maryland Comptroller’s Office in order to receive a seller’s permit in the state. Use Form SCD-001 to mail in your registration, or register online using the Maryland Business Express portal. Basic information about your company will need to be provided, such as your name, address, and federal tax ID number, as well as the kind of business you operate.
It’s possible that you’ll also need to register your business with the state of Maryland in addition to acquiring a seller’s permit. You might need to register with the Maryland Department of Assessments and Taxation (SDAT) or the Maryland Department of Labor, Licensing and Regulation (DLLR) depending on the kind of business you run and where it’s located. While registering your business name with DLLR may cost between $50 and $300 depending on the type of business, registering with SDAT just costs $25.
Finally, it is free to obtain a seller’s permit in Maryland, but you will have to collect and remit sales tax on your taxable transactions. To conduct business legally in Maryland, make sure to register your company with the relevant state offices and pay any necessary fees.