An essential step in establishing a business in Maryland is registering a business name. The first thing the public notices about your company is its name, which also helps customers remember you. We’ll go over how to register a business name in Maryland in this article.
Conducting a business name search is the first step in the registration process for a business name in Maryland. This is done to make sure that another company is not already using the name you intend to use. The website for Maryland Business Express allows you to search for available company names. You can move on to the following stage if you have identified a name that is available.
The Articles of Organization must then be submitted to the Maryland Department of Assessments and Taxation. All companies doing business in Maryland must comply with this. Your organization’s legal status as a limited liability corporation (LLC) or other type of business entity is established by the Articles of Organization. The articles of organization can be submitted by mail or online.
Additionally, you might want to think about trademarking your business name if you want to prevent it from being used by another company. The United States Patent and Trademark Office handles trademark registration. To be sure that your company name is not already in use by another company, it is crucial to run a trademark search before you file for a trademark.
You must submit an annual report to the Department of Assessments and Taxation if your LLC was established in Maryland. Each year’s Annual Report is submitted on April 15th. The Annual Report must be filed for $300.
Every LLC in Maryland is required to have a registered agent, who is tasked with receiving court documents and other formal notices on the company’s behalf. Although it is not necessary for the registered agent to reside in Maryland, they must have a physical address there. You can act as your own registered agent in Maryland if you’re founding an LLC.
In conclusion, choosing a business name and registering it in Maryland is a crucial first step. To make sure that your business is running lawfully in Maryland, you must take several crucial actions, including conducting a business name search, submitting the Articles of Organization, trademarking your business name, and filing an Annual Report.