How to Shut Down a Business in Maryland
Complete guide to dissolving your business entity with the Maryland State Department of Assessments and Taxation.
Quick Answer
To dissolve a business in Maryland, file Articles of Cancellation with the Maryland State Department of Assessments and Taxation. The LLC filing fee is $— and corporation fee is $—. Maryland requires tax clearance from the Comptroller of Maryland before dissolution. Standard processing takes 42-56 business days.
Quick Facts
| Filing Agency | Maryland State Department of Assessments and Taxation |
| Website | https://dat.maryland.gov/ |
| LLC Dissolution Fee | $— |
| Corporation Dissolution Fee | $— |
| Tax Clearance Required | Yes |
| Processing Time | 42-56 business days |
| Online Filing | Yes |
| Phone | (410) 767-1340 |
LLC Dissolution in Maryland
Steps to Dissolve an LLC
- 1 Vote to dissolve the LLC per your operating agreement
- 2 Wind up business affairs and settle all debts and obligations
- 3 File final tax returns with Maryland Comptroller of the Treasury
- 4 Complete Articles of Cancellation form
- 5 File online via Maryland Business Express or by mail (no filing fee)
- 6 Notify creditors and claimants of dissolution
- 7 Cancel any licenses, permits, and trade names
Corporation Dissolution in Maryland
Steps to Dissolve a Corporation
- 1 Obtain board of directors resolution authorizing dissolution
- 2 Obtain shareholder approval of dissolution (two-thirds of votes entitled to be cast)
- 3 Wind up business affairs and settle all obligations
- 4 File final tax returns with Maryland Comptroller of the Treasury
- 5 Complete Articles of Dissolution form
- 6 File online via Maryland Business Express or by mail (no filing fee)
- 7 Notify creditors and claimants of dissolution
- 8 Cancel any licenses, permits, and trade names
Tax Requirements
Tax Agency: Comptroller of Maryland
https://www.marylandtaxes.gov/
Phone: (410) 260-7980
File final Maryland corporate income tax return (Form 500) and final personal property return with SDAT. Must obtain tax clearance from the Comptroller. File final sales tax and withholding returns if applicable. SDAT may require all annual reports and personal property returns to be current.
Additional Requirements
Corporations must publish notice of dissolution in a newspaper of general circulation in the county of the principal office.
Contact Information
Agency: Maryland State Department of Assessments and Taxation
Address: 301 West Preston Street, 8th Floor, Baltimore, MD 21201
Phone: (410) 767-1340
Email: SDAT.charterhelp@maryland.gov
Website: https://dat.maryland.gov/
Online Portal: https://egov.maryland.gov/BusinessExpress
Need Help Shutting Down in Maryland?
Get the detailed guide with templates and step-by-step form instructions, or let our agent handle everything.
This guide is for informational purposes only and does not constitute legal advice. Information is sourced from official state websites and was last verified in 2026. Always confirm current requirements directly with the Maryland State Department of Assessments and Taxation. Consult an attorney for advice specific to your situation.