Maryland LLC annual report and yearly fees: what is due and when

Maryland's yearly filing goes to a tax agency, doubles as a property tax return and costs $300. Rather than dissolving LLCs, Maryland forfeits them. This guide explains the deadline, the fee and how forfeiture and reinstatement work.

By Muhammad Bilal, Chartered Accountant. Reviewed by Mirza Fahad Baig, Chartered Accountant. Checked against official sources on . 3 minute read.

Short answer

Maryland LLCs file Form 1, the annual report and business personal property return, with the State Department of Assessments and Taxation by April 15 each year, starting the year after formation, with a $300 fee. A 60-day extension is available. LLCs that have not filed the prior year's report are forfeited after September 30, and reinstatement costs $100 plus the overdue reports.

At a glance

Filing
Form 1
Fee
$300
Due
April 15
Extension
60 days, online
Forfeiture
After September 30 if unfiled
Reinstatement
$100 plus overdue reports
Maryland LLC annual report and yearly fees: what is due and whenFiling: Form 1; Fee: $300; Due: April 15; Extension: 60 days, online; Forfeiture: After September 30 if unfiled; Reinstatement: $100 plus overdue reports.KEY FACTS AT A GLANCEMaryland LLC annual report and yearly fees: whatis due and whenFilingForm 1Fee$300DueApril 15Extension60 days, onlineForfeitureAfter September 30 ifunfiledReinstatement$100 plus overdue reportsChecked against official sourcesTax BakersMaryland LLC annual report and yearly fees: what is due and whenFiling: Form 1; Fee: $300; Due: April 15; Extension: 60 days, online; Forfeiture: After September 30 if unfiled; Reinstatement: $100 plus overdue reports.KEY FACTS AT A GLANCEMaryland LLC annual report andyearly fees: what is due and whenFilingForm 1Fee$300DueApril 15Extension60 days, onlineForfeitureAfter September 30 if unfiledReinstatement$100 plus overdue reportsChecked against official sourcesTax Bakers
Key facts at a glance, as set out in this guide.

What does a Maryland LLC have to file each year?

FilingFiled withCostDue
Form 1, annual report and personal property returnState Department of Assessments and Taxation$300April 15
Owners' income tax returnsComptroller of MarylandState and county income taxApril 15
Sales tax returns, if registeredComptroller of MarylandTax collectedMonthly, quarterly or annually

For forming the LLC in the first place, see how to form an LLC in Maryland.

When is it due?

By April 15 each year, starting the year after formation: an LLC formed at any time in 2026 files its first Form 1 by April 15, 2027. A 60-day extension to mid-June is available online through Maryland Business Express, but must be requested by April 15.

How much does it cost?

$300 a year for every LLC, whether or not it owns business property. Businesses that register for MarylandSaves, the state retirement savings program, or confirm they are exempt, can have the fee waived. Maryland charges no flat late fee; the late penalty is based on the value of the LLC's Maryland business personal property, so it is small or nothing for LLCs without property, but the $300 is still owed.

How do you file it?

  1. Go to Maryland Business Express

    SDAT's online filing system.

  2. Find the LLC

    By its SDAT department ID.

  3. Complete Form 1

    Confirm details and report any business personal property in Maryland.

  4. Pay $300

    Or claim the MarylandSaves waiver if eligible.

What information do you need?

Form 1 confirms the LLC's details and reports business personal property located in Maryland, such as furniture, equipment and inventory, so the local jurisdiction can assess property tax. An LLC with no property in Maryland still files and reports none. Have the SDAT department ID ready; it begins with a letter showing the entity type.

What happens if you file late or not at all?

Maryland does not dissolve LLCs for non-filing. Instead, immediately after September 30, SDAT forfeits every LLC that has not filed the prior year's Form 1, ending its right to do business and use its name. Unpaid fees and penalties can also be referred to the state's Central Collection Unit. Because the obligations continue, an unused LLC should be cancelled rather than left to forfeit.

How do you restore a dissolved LLC?

A forfeited Maryland LLC files articles or a certificate of reinstatement with SDAT for $100, plus every overdue Form 1 and its fee, and may need tax clearance. Note that "articles of revival" is the form for corporations, not LLCs. See reinstating a dissolved LLC.

What else does a Maryland LLC pay each year?

Owners pay Maryland's graduated income tax plus a county local income tax on their share of profit. Local governments bill personal property tax based on Form 1. LLCs selling taxable goods file sales tax returns with the Comptroller, and employers file withholding and unemployment returns.

What does a typical year look like?

WhenWhat to do
JanuaryForm 1 filing opens
April 15Form 1 due, $300; or request the 60-day extension
Mid-JuneExtended Form 1 due
After September 30Unfiled LLCs are forfeited
Monthly or quarterlySales tax returns, if registered

Is anything different for foreign owners?

No. A Maryland LLC owned by someone outside the US files the same Form 1 annual report in the same way, usually online with a card. Make sure the registered agent forwards state notices promptly, since that is where reminders and penalty notices go. Separately, a single-member LLC owned by a foreign person must file Form 5472 with a pro forma Form 1120 with the IRS every year; that federal filing is unrelated to the state report and carries a $25,000 penalty if missed. See annual filings for foreign-owned LLCs.

How do you avoid missing it?

Put the due date in a calendar with a reminder a month ahead, keep the email address on the state's records current, and file as soon as the filing window opens. Registered agent services usually send reminders too. Be wary of official-looking letters from private companies offering to file for a much higher fee: genuine notices come from the Maryland State Department of Assessments and Taxation, and you can always file directly. See business tax deadlines.

Want your Maryland filings handled?

We track your Maryland deadlines, file the Form 1 annual report and any state tax returns on time, and keep your LLC in good standing.

Book a call Chat on WhatsApp

Questions people ask

What is Maryland Form 1?

The annual report and business personal property return every Maryland LLC files with SDAT.

How much is the Maryland annual report?

$300, unless waived through MarylandSaves.

When is Maryland Form 1 due?

By April 15 each year, with a 60-day extension available.

What happens if a Maryland LLC does not file?

It is forfeited after September 30, and reinstatement costs $100 plus the overdue reports.

Sources

Every fee, date and rule on this page was taken from these official and primary sources.

  1. Maryland SDAT: What it means when a business is not in good standing or forfeited
  2. Maryland State Department of Assessments and Taxation
  3. Maryland Business Express

Rules and fees change. If you are reading this long after October 1, 2026, confirm the figures with the source before you rely on them.

State LLC formationHow to form an LLC in MarylandDeadlines, penalties and IRS noticesAdministrative dissolution: missed state filings and how to reinstateDeadlines, penalties and IRS noticesUS business tax deadlines: the full calendar

More in State annual filings

Previous in this topicMaine LLC annual report and yearly fees: what is due and whenNext in this topicMassachusetts LLC annual report and yearly fees: what is due and whenTopicAll 51 guides in State annual filings

This guide is general information. It is not tax or legal advice for your situation.