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Unlike most states, the annual report is all Maine requires to stay compliant. That means, you’re not required to pay franchise taxes for doing businesses within state borders. What else do you need to know? We have everything to get your Maine LLC started right away:
maine LLC
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Stated fees and processing times are for Rocket Lawyer members only
Before you start
You'll have to provide some basic information so we can help you form your LLC in maine. Here's what your state needs to know:
The name of your business
Your business address
Who's forming and managing your LLC
Your industry
A short statement of purpose
Running a Maine LLC
Complete your Maine LLC in just a few steps. Learn what to do next:
Step 1. Elect a Registered Agent Maine requires you to have a Registered Agent and office within the state to keep people from claiming important documents, like tax documents or notice of a lawsuit, got “lost in the mail.”
Step 2. Register for an EIN With new businesses being created everyday, the IRS needs a way to identify your Maine LLC. An Employer Identification Number helps distinguish your business from others.
Step 3. Develop an Operating Agreement Unlike most states, Maine makes it mandatory for LLCs to develop an LLC Operating Agreement, also known as a “Company Agreement.”
Step 4. Initiate a Meeting When holding an organizational meeting, Maine does not offer any mandatory business items to include. However, you should still make sure you and your LLC members get together to make high-level business decisions.
Step 5. Send in an Initial Report It’s not necessary for you to send in your Initial Report for your Maine LLC but it’s still a good idea to do so. Once you fill out the form, it’ll contain all the basic information of your company.