Starting a Business in Maine
LLC filing: $175 | Corp filing: $145 | Business-friendly score: 5.8/10
Business Environment at a Glance
5.8/10
Business-Friendly Score
5.8% - 7.15%
Income Tax
5.5%
State Sales Tax
$14.15
Minimum Wage
Business Filing Fees in Maine
| Item | Cost | Details |
|---|---|---|
| LLC Filing Fee | $175 | One-time, filed with Secretary of State |
| LLC Annual Fee | $85 | Due annually to maintain good standing |
| Corporation Filing Fee | $145 | One-time, Articles of Incorporation |
| Corporation Annual Fee | $85 | Annual report/franchise tax |
Tax Rates
| State Income Tax | 5.8% - 7.15% |
| Corporate Tax Rate | 3.5% - 8.93% |
| State Sales Tax | 5.5% |
| Max Local Sales Tax | 0% |
| Minimum Wage | $14.15/hr |
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Maine Special Requirements
- Annual report required with Secretary of State ($85)
- Maine Revenue Services registration for sales tax collection
- Workers compensation required for all employers
- Seasonal businesses may need special permits depending on location