The economy of Maine is supported by both agriculture and industries. The agricultural economy is being driven by eggs, poultry, cattle, dairy products, apples, wild blueberries, maple sugar, and maple syrup. Industries in Maine focus primarily on lumber and wood products, paper, leather products, electronic equipment, textiles, food products, and bio-technology. If you want to set up a company in Maine then it does not have to necessarily be an industry, it can be services as well.

Why Choose Maine for Incorporation?

Maine has witnessed a growth in small and medium sized enterprises with almost 2,087 companies involved in exporting goods and generating $2.3 billion. The top industries in terms of small business employment include Health Care and Social Assistance, Retail Trade, Manufacturing, and Other Services (except Public Administration).

Now let’s take a look at some of the salient benefits that are responsible for fueling growth of small businesses:

• Maine Opportunity Zones: This is a program aimed at small and medium sized enterprises. If you set up a company in Maine opportunity zone then your business would be eligible for a variety of abatements, credits, and deductions. There are 32 such zones Map of Opportunity Zones.
• Business Equipment Tax Exemption (“BETE”) Program: The BETE program has been implemented to provide 100% property tax exemptions to qualified businesses.
• Pine Tree Development Zone Program (PTZ): The PTZ Program offers eligible businesses an opportunity to almost eliminate state taxes for a period of ten years. In order to enjoy the benefits of the PTZ program, you will have to set up a company in Maine and in eligible sectors like Biotechnology, Financial Services, Information Technology etc.

How do you incorporate in Maine?

Is there a specific process for company incorporation in Maine? What documents do you require and who processes these documents? These are some of the questions that you will be confronted with and hence the following steps will provide you with information on how incorporation works in Maine:

Type of Business

What type of businesses can you form in Maine? The type of domestic or foreign business entities that can be incorporated or formed in the state include General Partnership, Corporation, S-Corporation, Limited Liability Company, Limited Partnership, Limited Liability Partnership, and Nonprofit Corporation. The first step towards company incorporation in Maine is to identify the type of business you want to set up.

Business Entity Name

What is the next step towards incorporation in Maine? The next step is to identify and reserve a name and this can be done as follows:

• Naming Requirements: The naming requirements for LLC should be pursuant to MRS Title 31 §1508 while that of a business corporation should be pursuant to 13-C MRSA §401. The name of each limited liability company must contain words like “Limited Liability Company” or abbreviations like “L.L.C.” or “LLC”. A corporate name must contain words like “corporation”, or “incorporated” or abbreviations like “corp.” or “inc.”
• Business name search: You need to search for a business name that is not in use currently. You can conduct a name search here.
• Name Reservation: Once you have identified business entity name, you can reserve the name with the Secretary of State for a period of 120 days. The forms are different for LLC (MLLC-1) and Corporation (MBCA-1).
• Name Registration: If you are foreign entity planning to set up company in Maine then you will be required to register business name with the Secretary of State. The forms are different for LLC (MLLC-2) and Corporation (MBCA-2).

Choose a Registered Agent

In the state of Maine, every business entity states whether a Business or Professional Corporation or a Limited Liability Company is required to maintain a registered agent governed by MRS Title 31 §1661. We are one of the respected registered agents in Maine and will be responsible for initiating company incorporation in Maine through processing of all your documents including “Articles of Incorporation” for domestic corporations and “Application for Authority” for foreign corporations.

Articles of Incorporation and Application for Authority

The process of incorporation and the fee varies according to the type of business entity you want to form.

• If you are planning to form a domestic corporation (For profit), then you will have to file “Articles of incorporation” pursuant to 13-C MRSA §202.
• If you are planning a foreign business incorporation in Maine then you will be required to file an “Application for Authority” pursuant to 13-C MRSA §1503.

In order to streamline the process we can file documents on your behalf through the online process or through an expedited process.

Date Stamped Copies

As a part of the process of company incorporation in Maine, we will ensure, you receive date-stamped and filed copies that verifies the state has filed as well as formed your corporation.

Costs and Fees associated with Maine Incorporation

What would it cost to set up company in Maine? Check Fees here!

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Once your company is set up, you will need:

1. Tax ID (EIN) – free over the Internet or phone.
2. Yearly Requirements and Fees for Washington DC companies – Initial Repots on Corporation and LLC are filed at different times. Then reports are due ever two years. For Corporations, if you file your articles before April 15, the report is due the same year. If you file your articles after April 15, you file your reports the next year. For LLCs the reports are due any time in the first year that you file your articles. Then they are due every two years after that. The cost for a Corporation and LLC is $300.00 and we only charge $15 to file for you..
3. Company Minutes & Stock Certificates – are included in incorporation. You will have access to documents generated on your client account.

District of Columbia additional services

• Registered Agent
• Annual Report
• EIN (Tax ID)
• More Additional Services

• Why Washington DC?
• Washington DC Registered Agent
• Washington DC Annual Requirements
• DC Code, Division V, Title 29: Corporations, Chapter 1 – To find the statutes go to: http://www.law.cornell.edu/states/dc.html – Click on DC Code then scroll down to the appropriate Title.

• Why Washington DC?
• Washington DC Registered Agent
• Washington DC Annual Requirements
• DC Code, Division V, Title 29: LLCs, Chapter 10 – To find the statutes go to: http://www.law.cornell.edu/states/dc.html – Click on DC Code then scroll down to the appropriate Title.

Pricing $89.00 per year, special for pre-pay $40 per year

Don’t get fooled by companies claiming the lowest price and increasing it later. Our pricing is very simple. We charge $89 per year. We also have few specials. Whenever you decide to pre-pay additional years you get them for $40/year.

Why you need a Registered Agent?

Washington DC State laws require business entities to maintain a Resident Agent in the state that you form your business. The agent’s name and office address are included in the Articles of Incorporation or Articles of Organization to give public notice of where to send important documents to your business entity.

If you need Registered agent in other State than Washington DC click here.
We offer Registered Agent service in all 50 States.

State Fee for changing Washington DC Registered Agent

Change of Registered Agent/Office or both: $35.00. Resignation of Registered Agent: $0.00

Registered Agent Requirements

The registered agent must be (1) an individual resident of the state or (2) a corporation authorized to transact business in D.C. whose business office is the same as the registered office. D.C. requires that every corporation maintain a registered office, which may be the same as its place of business.

The District of Columbia requires an initial report. Initial Reports on Corporation and LLC are filed at different times. For Corporations, if articles of incorporation are filed before April 01, the initial report is due in the same year. If articles are filed after April 01, the report is filed in the next year. For LLCs the reports are due any time in the first year that you file your articles. After the initial filing of the annual report, reports are then due every two years after that.

The biennial filing fee for a corporation and a LLC is $300. Late filing penalities will be applied. The late penalty fee for a corporation and a LLC is $100.

If you need help, we can file annual report for you. Our fee is $15. To order our service, please click on the following link

Biennial Report Filing Service