| MAINE |
| Name |
Must contain words Incorporated, Corporation, Company, Inc., Corp., Co., Limited Liability Company. |
| Information about Directors and Officers |
Company must have at least three Directors. If the Corporation has only one or two shareholders, the number of directors can be less than three bet not less than the number of shareholders. No age or residence requirement. It is required to list Directors, but it is not required to list Officers in the Articles of Incorporation. |
| Requirements for address |
Home address can be considered as company address. P. O. Box is not admissible. |
| Registered Agent |
Registered Agent is required if you do not live or have an office in Maine. Otherwise, you can be your Own Registered Agent. |
| Shares/Stock information |
You can authorize all initial shares you want at a no par value. State Filing fee will not increase. |
| Annual statement |
It is required to file with the Secretary of State by the last day of June 1. The filing fee is $60. |
| State fees |
$105. |
| 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; and 8,93% of MNI over $250,000. |
| Franchise tax |
No franchise tax. |
| S Corporations |
Status is recognized by the State. Separate State election from the federal election is not required. |
| License requirements |
Certain types of businesses must obtain a license and pay a fee if operating in the State. Check with the State to make sure your business is complying with the license requirements for your particular profession. |
| Corporate records |
A full and complete list of shareholders must be kept at registered office or principal place of business. |
