Maine

Maine is a place where small enterprises are as important part of the culture as they are to the economy. Maine has the 8th-lowest sales tax rate in the US that also attracts entrepreneurs

Starting a Business in Maine

The Basics

Start Your LLC Today in Maine

To get your entrepreneurial dream off the ground in Maine, you will need time, adequate funding, support from close friends and family, and professional guidance. If you want to start a business in Maine, we are here for your help. We can help you register your business with the Maine Secretary of State. Launch-A-Biz enables you to incorporate online in Maine in less time and for less fees.

How to Start a Business in Maine

Do you plan on starting a business in Maine? If so, it is important to understand the different types of businesses and how they vary from each other. When you have made this decision, you will need to register your business with the State of Maine. There are also several requirements that may arise depending on what type of business structure you choose for your company.

Maine LLCs are formed by submitting a Certificate of Formation (MLLC-6) to the Secretary of State of Maine. In Maine, an LLC operating agreement is not needed, although it is strongly recommended. Every year, by June 1, all Maine LLCs must file a Yearly Report with the Maine Secretary of State. Domestic LLCs pay $85 filing fees, whereas international LLCs pay $150. The Certificate of Formation costs $175 to file with the Maine Secretary of State.

Business Taxes in Maine

Maine has a corporate income tax, but no franchise or privilege tax. Maine has a corporate income tax that applies to all corporations. The corporate income tax is graduated, with rates starting at 3.5% and going up to 15%. 

Maine Corporation

You'll need to file Articles of Incorporation with the Maine Department of the Secretary of State to get your business up and running in Maine. A $145 filing fee is required for Maine Articles of Incorporation. One of the initial opportunities to set the tone for your Maine corporation is to name it. It's a good idea to reserve your Maine corporation's name with the Secretary of State once you've decided.

The preparation of a shareholder agreement is another step towards establishing your Maine corporation. Filing your annual report is one of the phases in forming your Maine corporation that will become the core of your business responsibilities. In Maine, the fee of submitting an annual report is $85.

Business Taxes in Maine

Maine has a corporate income tax, but no franchise or privilege tax. Maine has a corporate income tax that applies to all corporations. The corporate income tax is graduated, with rates starting at 3.5% and going up to 15%.

Launch-A-Biz provides assistance to entrepreneurs to start a business in Maine. Our services include business creation, filings, and advisory services. We are also offering business rescue, operations, distribution & supply chain, C-Suite, and Board Level Leadership Advisor in Maine. We can also help you get an EIN number for your company.

Steps to File Your LLC EIN Application:

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