Maintaining current company information with the state is crucial if you own a business in Maryland. This involves changing the address of your company. We’ll walk you through the procedure of changing your company’s address in Maryland in this article.
Identifying your company entity type is the first step in altering your business address in Maryland. Depending on the sort of entity you are, different steps may be required to change your address. Limited liability companies (LLCs), corporations, partnerships, and sole proprietorships are all acceptable business entities in Maryland.
The next step is to amend your registered agent once you have decided on the sort of company entity. Every corporate company in Maryland is obliged to have a registered agent. Legal paperwork and other crucial information must be delivered to the registered agent on behalf of the company.
You must notify your registered agent of your new address before changing your business address. The Maryland Department of Assessments and Taxation’s (SDAT) Change of Resident Agent/Office form can be used to do this.
You must file Articles of Amendment with the SDAT if you’re altering both your business name and address. Only names that are available and not being used by another corporate organization in Maryland may be changed.
You must inform the Internal Revenue Service (IRS) and any other organizations you are registered with as soon as you have updated your company address with the SDAT. If you have applied for unemployment insurance in Maryland, the Maryland Department of Labor, Licensing and Regulation (DLLR) is also included.
Renewing Your Maryland LLC
In Maryland, if you operate an LLC, you must reregister your business each year. Between January 1 and April 15 of every year is the renewal period. You need to submit an Annual Report to the SDAT in order to renew your LLC. The Annual Report filing fee is $300.
A business entity’s articles of organization or articles of incorporation can be amended legally by submitting an article amendment. The legal documents that create the business entity and include crucial details like the company name, address, and purpose are known as the Articles of Organization or Incorporation. Changing Your Address in Maryland While Unemployed
You can update your address on your Maryland unemployment insurance registration online by visiting the Maryland Workforce Exchange website. To update your contact information, just go into your account.
In conclusion, changing your business address in Maryland is a simple procedure that entails contacting the appropriate agencies, updating your registered agent, and filing Articles of Amendment if necessary. To make sure you comply with state rules, it is crucial to maintain your company’s information current.
Yes, Maryland requires an annual charge for LLCs. The $300 charge must be paid by April 15th of each year. Late fees and penalties may apply if the fee is not paid on time.