Maine LLC Requirements

Updated for 2026 · Official Secretary of State Website

Maine has above-average LLC formation costs with a $175 filing fee and $85 annual report. Despite higher fees, Maine's quality of life, strong tourism economy, and growing remote-work population have driven increased business formations. The state uses 'Certificate of Formation' for its LLC filing document.

Filing Fee

$175

One-time state fee

Annual Fee

$85

Per year

Processing

Immediate to 5 business days

Online filing

Deadline

June 1

Annual report due

Average Cost

Maine's $175 filing fee and $85 annual report are both above the national average, making it one of the more expensive states in the moderate tier.

Notable Facts About Maine LLCs

Maine's $175 filing fee is the 8th highest among all states
The state's economy relies heavily on tourism, lobster fishing, and forest products
Maine has seen significant growth in remote workers forming LLCs since 2020
Annual reports are due June 1 — one of the later deadlines nationally

Tax Information for Maine LLCs

Maine has a progressive individual income tax with rates from 5.8% to 7.15%. LLCs taxed as pass-through entities pay at individual rates. There is no franchise tax for LLCs. Maine has a 5.5% state sales tax.

Formation Steps

1

Choose a Name for Your LLC
Select a unique business name that complies with Maine naming requirements. The name must include "LLC" or "Limited Liability Company" and cannot be the same as an existing registered business in Maine.
2

Appoint a Registered Agent
Designate a registered agent with a physical address in Maine who can receive legal documents and official correspondence on behalf of your LLC.
3

File Articles of Organization
Submit your Articles of Organization (also called a Certificate of Formation in some states) to the Maine Secretary of State. This is the official document that creates your LLC.
4

Create an Operating Agreement
Draft an operating agreement that outlines ownership percentages, member roles, profit distribution, and management structure of your LLC. While not always legally required, it is strongly recommended.
5

Get an EIN from the IRS
Apply for a free Employer Identification Number (EIN) from the IRS. You'll need this for opening a business bank account, hiring employees, and filing taxes.
6

Open a Business Bank Account
Open a dedicated business bank account to keep your personal and business finances separate. This helps maintain your LLC's liability protection.
7

File Annual Reports
Maine requires periodic reports due by June 1. The filing fee is $85. Mark your calendar to avoid late fees or administrative dissolution.

Visit Official SOS Website

Annual Report Details

Fee: $85

Deadline: June 1

Annual report due by June 1 each year.

Annual report filed yearly.

Need a Registered Agent in Maine?

Every Maine LLC must have a registered agent with a physical address in the state. A registered agent service ensures you never miss important legal documents or compliance deadlines.

Compare Registered Agent Services

Frequently Asked Questions

How much does it cost to form an LLC in Maine?

The state filing fee to form an LLC in Maine is $175 for the Certificate of Formation. This cost is near the national average compared to other states. Additional costs may include a registered agent service ($50-$300/year) and an operating agreement if you hire an attorney.

What is the annual cost of an LLC in Maine?

Maine charges $85 for its periodic reporting requirement, due June 1. Annual report filed yearly. Maine's $175 filing fee and $85 annual report are both above the national average, making it one of the more expensive states in the moderate tier.

How long does it take to form an LLC in Maine?

Online filing in Maine typically takes Immediate to 5 business days. You'll need to file Certificate of Formation with the state. Processing times may vary based on filing volume and the time of year.

Do I need a registered agent in Maine?

Yes, Maine requires every LLC to have a registered agent with a physical street address in the state. The registered agent receives legal documents, tax notices, and official government correspondence on behalf of your LLC.

What taxes does a Maine LLC pay?

Does Maine require an operating agreement for LLCs?

While not all states legally require an operating agreement, it is strongly recommended for every LLC in Maine. An operating agreement defines ownership structure, member roles, and how the business will be managed. Without one, your LLC will be governed by Maine's default LLC laws.