There are three ways to incorporate your business in Maine:
- Hire a lawyer to do the job for you (the most expensive option).
- Walk in to the Secretary of State office and do it by yourself.
- Use a professional incorporation company, like Active Filings.
ME Articles of Incorporation Requirements
The Articles of Incorporation is the formation document you file with the Maine Secretary of State to register your corporation with the state (LLCs file Articles of Organization). In Maine, you can file Articles of Incorporation by mail, fax or in person (it will take the SOS 2 weeks to process your filing unless you expedite). If you hire Active Filings to incorporate your business, the process is usually much faster because we are authorized to file online with the state.
To complete your Maine Articles of Incorporation, you’ll need to include the following information:
|Company Name||The name cannot use any name the same as or deceptively similar to the name of any domestic corporation or qualified foreign corporation without authorization. The name cannot use a reserved name. The name shall not contain any word or phrase which indicates it is organized for any purpose not permitted by the Act.|
|Company Purpose||List the reason for forming the corporation or the business/activity which the corporation will engage in.|
|Authorized Shares||List the number of shares of corporate stock you are currently authorizing. Technically, this is when you “create” your stock (more can always be authorized later), and that stock will be issued to your shareholders at your first shareholder meeting.|
|Registered Agent Information||In Maine, a registered agent (also known as a resident agent) is an individual or business that serves as your company’s official point of contact for lawsuits and legal notices. As part of Active Filings’ incorporation service, we include a year of registered agent service when you hire us to incorporate your business in Maine.|
|Names and Addresses of the Incorporators||The incorporator is the person or company authorized to form the corporation. For example, if you hired us, we would list ourselves as the incorporator. The incorporator does not have any stake in or claim to the corporation being formed.|
|Minimum Number||Three or more. If only one or two shareholders, the number of directors can be less than three but not less than the number of shareholders.|
|Residence Requirements||No provision|
|Articles of Incorporation||Directors are required to be listed|
|Articles of Incorporation||Officers are not required to be listed|
An increase in the shares may cause an increase in the initial filing fee.
- Annual Statements
- File annually, on a staggered basis as determined by Secretary of State, for preceding 12-month period a $60 fee must accompany report.
Income Tax Rate
A tax is imposed on Maine net income (MNI) of taxable corporations, except insurance companies and financial institutions, equal to 3.5% of MNI not over $25,000; 7.93% of MNI over $25,000 but not over $75,000; 8.33% of MNI over $75,000 but not over $250,000; 8.93% of MNI over 250,000.
For more information on taxes, visit http://www.maine.gov/revenue/
When you hire Active Filings to incorporate your business in Maine, you’ll receive everything you need to track and maintain your company, this includes:
- Free expedited service
- One year of registered agent service
- An online account where you can add additional services, track orders, maintenance requirements and digital notifications.
Learn More About Incorporation Requirements In Your State
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Rhode Island
- South Carolina
- South Dakota
- West Virginia