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Maryland LLC vs Nevada LLC with Maryland registration

Forming in Maryland costs $100; forming in Nevada costs $425 and then Maryland charges $100 to register it, so $525 to start.

Line by line

State feeLLC formed in MarylandLLC formed in Nevada, registered in Maryland
Formation in NevadaNone$425
Formation in Maryland$100None
Maryland foreign registrationNone$100
Nevada yearly filing, two yearsNone$700
Maryland yearly filing, two years$600$600
Two years of state fees$700$1,825

Over two years the Nevada route costs $1,125 more in state fees than forming at home.

State income, franchise and gross-receipts taxes are separate, are not in these totals and are the same or similar on both routes.

If you register in Maryland

Mainstay Filing prepares the Maryland registration (Limited Liability Company Registration (For non-Maryland Limited Liability Company)) for $199 plus the state fee, with the registered agent included for the first year. The 3 services we rank for Maryland are on the Maryland page.

Where the numbers come from

Nevada: formation and yearly filing from Nevada’s own pages. Maryland: foreign registration and yearly filing from the Maryland State Department of Assessments and Taxation (SDAT), Charter Division and the sources on the Maryland page.