Maine LLC: Key Data, Fees & Features
Your complete overview of $Maine LLC costs, pros & cons, and key regulations. Make an informed decision with our up-to-date data.
State Filing Fee
$175
Processing Time
3-3 days
Annual Report Fee
$85
Anonymous LLC
No
Publication
No
Advantages
- Gives your business credibility in the eyes of customers
- Protects your personal assets in the event of a lawsuit or bankruptcy
- Offers flexibility in the way the business is taxed and managed
Disadvantages
Franchise Tax & State Requirements
Due June 1st each year.
LLCs are taxed as pass-through entities by default, meaning the LLC profits and losses pass through the business and are distributed to the members as income. Maine has a graduated individual income tax, ranging from 5.8% to 7.15%. Maine businesses that regularly sell goods and services need to file sales tax returns at a rate of 5.5%. If any members of your LLC aren’t residents of Maine, you’ll need to withhold a percentage of the members’ Maine-sourced income (8.93% if the member is a C-corporation, 7.15% if not).
Frequently Asked Questions
Transparency & Data Sources
This review was last updated on $August 19, 2025 to ensure accuracy.
