Filing Frequency: Annual

State Fees:

• Corporations (Foreign and Domestic) - $300

• LLCs (Foreign and Domestic) - $300

• Non Profits, Cooperatives, and Religious Corporations - $0

• LPs (Foreign and Domestic) - $300

• LLPs (Foreign and Domestic) - $300

• The above fee may increase based on Maryland Business Personal Property Tax, so consider the above numbers as the minimum fees.

Due Date:

• The usual deadline is April 15th.

• Effective 2024, Governor Moore and the Maryland State Department of Assessments and Taxation extended the usual April 15th deadline to June 17, 2024 for all business types whether or not they applied for an extension.

Late Fees: Your business will be charged 0.001% of your total property tax OR the base penalty, whichever is greater.

• Late by 1 to 15 days - Base Penalty Fee - $30, up to a maximum of $500.

• Late by 16-30 days - Base Penalty Fee - $40, up to a maximum of $500.

• 31 or more days - Base Penalty Fee - $50, up to a maximum of $500.

• In addition, 2% interest will continue to accrue for each month you’re late.