Business Law

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Setting up a Maryland business properly usually takes more than filing Articles of Incorporation!  - That is just the start! 

Comprehensive Start Up Package!

  1. Meeting with experienced attorney to discuss your business plans and goals
  2. Trade name research / reservation
  3. Attorney Prepared Articles filed with the State (gov't filing fee not included) 
  4. Custom Company Operating Agreement or By-Laws (with 1 revision)
  5. Federal Tax ID (EIN) obtained
  6. State Tax Accounts and Employment Account set-up
  7. Post-Formation Organizational Meeting held at Law Firm (with official Company Minutes)
  8. Company / Corporate Record Book (with seal if desired)
  9. Stock or Membership Certificates

Package Fees as of Jan. 2017:  (does not include gov't filing fees)

$750: 1 owner 

$850: 2-3 owners

$1250 - $1500:  4+ owners

Maryland business services include

FORMATION / INCORPORATION / LLCS:   

Looking to start, buy or sell a business in Maryland?  The firm offers LLC formations (limited liability companies), incorporation, corporate and other entity Maryland business registration, help with business start-up, non-profit tax exempt 501c(3) applications, not for profit organization, operating agreements, bylaws, articles of incorporation, articles of organization and more!  Check out the firm's small business formation package

CONTRACTS:  

Need a legal contract for your business?  The firm assists with Maryland business purchases, sales, closings (a lawyer can either prepare these documents or attend closing), contract drafting, contract review, leases, Employment Agreements, Non-Competes, Non-Disclosure Agreements (NDA), Policy Review and so forth.

LITIGATION:  

Need a business lawyer?  Hopefully if the firm assists with early formation it will minimize the chance of a business dispute down the road.  But if you find yourself facing a business dispute, the firm works in the areas of Wage/Hour Litigation (unpaid wages, backpay owed, overtime) and select Business / Contract Litigation.  Arden Law Firm offers innovative, budget friendly "flat fee litigation by phases" in appropriate cases. 

BUSINESS SALE / PURCHASE:  

Selling a small (under $1M) Maryland business?  The firm offers assistance with non-brokered or brokered deals.  Need a LOI or Purchase Agreement?  The firm provides flat-fee attorney prepared Letters of Intent or Purchase Agreements. 

Call 410-216-7000 for a free 10 minute discussion or to schedule a more in-depth consultation with an experienced attorney.  

Non-Profit Questions?   Click here. 

Business Formation / Business Start up! 

Arden Law helps Maryland businesses get up & running!

Whether you want to form a limited liability company or small subchapter s corporation, typical steps to start a new business venture include: 

TYPICAL STEPS TO START A BUSINESS IN MD:  

  1. Consult with an Attorney to determine best way to accomplish business goals (business options in MD include: sole proprietorships, partnerships, limited partnerships, limited liability limited partnerships, corporations (Close Corporations, Professional Service Corporations, C Corporations, Subchapter S Corporations), Limited Liability Companies or LLC.)
  2. Register entity with State of Maryland.
  3. Set up governing documents (Operating Agreement / Bylaws)
  4. Set up Tax accounts (state and federal)
  5. Get any necessary licenses (trader's license, etc.)
  6. Hold organizational meeting(s)
  7. Open business bank accounts


Arden Law offers a comprehensive start-up package for one flat fee that includes many of these key steps. 

Existing Businses?  Looking for information on Employment Contracts / Wage & Hour Litigation?

Other general business questions & answers follow below: 

Q:  Where can I find grants for my Maryland business?

A:   Generally grants (someone else's money that doesn't need to be repaid) are hard to come by!  Grants may be available for certain non-profit organizations providing specific services and in very limited cases might be available for a for-profit company able to fulfill a specified need.   Most of the time businesses need to raise capital by some combination of investors, savings and small business loans. 

Q:   How can I form a benefit corporation? 

A:  This is a new type of business in Maryland.  It is an attempt to blend some public benefit into a traditional entity.  Call to discuss. 

Q:  How do I register a Delaware (or Nevada) business in Maryland?

A:  You have a few options and they all involve filing with the State Department of Assessments and Taxation.  First, if you have some reason to continue operating in another state, you could register as a foreign entity here while keeping the business as an out-of-state entity.   Secondly, if you operate exclusively in Maryland you might find it makes sense to form a new entity in this state and cancel the out-of-state entity.  Thirdly, under Maryland's new conversion law you might decide to convert from a foreign state to a Maryland entity.  

Q:  Where do I register a new business in Anne Arundel, PG, Baltimore or Howard County?  

A:  Any business operating through an entity (for instance, an LLC or corporation) must file with the State Department.  Specific industry licensure usually comes from state boards (for instance, a hair stylist needs a master barber's license, a plumber needs a plumber's license, a podiatrist needs a license to pratice podiatry and so forth).  Depending on what the business does, it may also need specific COUNTY licensure.   For instance, businesses selling product in a county will need a Trader's License in addition to setting up State sales tax accounts.  

Q:  What do I need to do to start a home-based business?   

A:  A home based business often needs the same kind of protection and planning any business does, for instance, registration, tax account set-up and so forth. Zoning may restrict some businesses from operating out of a residence.   In Maryland, certain home based businesses with limited personal property may be exempt from the annual $300 filing fee which applies to most businesses in the state.   Some people "test the waters" with a new business venture by starting small, such as operating out of a spare bedroom or garage, which may help keep operational costs down.  However, if you deal with customers or vendors, you'll want to structure your business with the same kind of careful thought any established business would.

    CALL 410-216-7000 FOR MORE INFORMATION ON SMALL BUSINESS FORMATION PACKAGES 

© ArdenLawFirm 2014-2018  Managing Attorney Cedulie Laumann, Esq.