Promote:
Invest in Maryland
A short guide for companies expanding into Maryland: the economy at a glance, the rules and steps to set up, and who can help, each with its source.
1. Maryland at a glance
PopulationEstimate
6.27 million
The population was 6,265,347 as of July 1, 2025.
Source: Census Bureau, state population estimates, July 1, 2025 (opens in a new tab) · as of 2025
GDP
US$567 billion
GDP was US$567,018.5 million in 2025, in current dollars.
Source: BEA, GDP by state, 2025 (annual update, September 2026) (opens in a new tab) · as of 2025
GDP per person
US$90,501
GDP per person was US$90,500.7 in 2025, in current dollars, computed from the Bureau of Economic Analysis's GDP and the Census Bureau's population estimate.
Source: BEA, GDP by state, 2025 (annual update, September 2026) (opens in a new tab) · as of 2025
Real GDP growth
0.8%
Real GDP growth was 0.8 percent in 2025, the Bureau of Economic Analysis's own published percent change for all industries.
Source: BEA, GDP by state, 2025 (annual update, September 2026) (opens in a new tab) · as of 2025
Currency and inflation: see the United States at a glance
2. Before you set up
The body that handles foreign investment, any one-stop route, Maryland’s limits on foreign ownership and the zones, as the guide found them.
SelectUSA's Maryland entry names the Maryland Department of Commerce's international investment and trade director as the state's business investment contact.
Source: SelectUSA, state economic development organizations (opens in a new tab) · as of November 3, 2026
Maryland Business Express lets a new business form its entity and file the Comptroller's combined tax registration in one portal, while unemployment insurance registers with the Department of Labor.
Source: Maryland Business Express, tax accounts page (opens in a new tab) · as of November 3, 2026
Real Property section 14-101 lets non-enemy aliens own property; 2025 and 2026 bills checked for foreign adversary, alien, agricultural land, AFIDA and critical infrastructure enacted no limit.
Source: Maryland General Assembly, Real Property section 14-101 (opens in a new tab) · as of November 3, 2026
The Foreign-Trade Zones Board's 2024 annual report lists 4 foreign-trade zones in Maryland.
Source: Foreign-Trade Zones Board, 2024 annual report (opens in a new tab) · as of 2024
Investment rules across the United States: see Invest in the United States
3. Steps to set up
The main steps, in order, each with the body responsible and its official page.
Setting up in Maryland
- Form your Maryland business, or register your out-of-state entity, online through Maryland Business Express.Maryland Department of Assessments & TaxationOfficial page (opens in a new tab)
Source: Maryland Business Express, register your business page (opens in a new tab) · as of November 3, 2026
- Register state tax accounts, such as sales and use tax and employer withholding, with the Combined Registration Application.Comptroller of MarylandOfficial page (opens in a new tab)
Source: Maryland Business Express, tax accounts page (opens in a new tab) · as of November 3, 2026
- Register an unemployment insurance account through the BEACON portal if you will employ staff in Maryland.Maryland Department of LaborOfficial page (opens in a new tab)
Source: Maryland Labor, new employers page (opens in a new tab) · as of November 3, 2026
- Register with the Family and Medical Leave Insurance program if you will employ at least one person in Maryland.Maryland Department of LaborOfficial page (opens in a new tab)
Source: Maryland Business Express, FAMLI page (opens in a new tab) · as of November 3, 2026
Show 1 more set-up step
- Get any state business license your business type needs from the Clerk of the Circuit Court, after you register with the entity office.Clerk of the Circuit CourtOfficial page (opens in a new tab)
Source: Comptroller of Maryland, starting a new business page (opens in a new tab) · as of November 3, 2026
Steps that apply across the United States: see Invest in the United States
4. Organizations that help investors
Start with Maryland Commerce. Each card links to the organization’s own site.
Each card says what it can help with:Get adviceFind financeMeet requirementsResearch markets
Investment and business setup
- Get advice
State economic development agency
Maryland Commerce
Maryland Department of Commerce
Runs the state's grants, loans and tax incentives for businesses and works to attract investment to Maryland.
Visit Maryland Commerce (opens in a new tab)Source: Maryland Commerce, home page (opens in a new tab) · as of November 3, 2026
- Meet requirements
Business entity registration
SDAT
Maryland Department of Assessments & Taxation
Registers new and out-of-state businesses, issues each entity an identification number and takes its annual reports.
Visit SDAT (opens in a new tab)Source: Maryland Business Express, register your business page (opens in a new tab) · as of November 3, 2026
Customs and tax
- Meet requirements
State tax authority
Comptroller
Comptroller of Maryland
Registers businesses for state tax accounts through the Combined Registration Application, and its State License Bureau enforces business licensing.
Visit Comptroller (opens in a new tab)Source: Comptroller of Maryland, starting a new business page (opens in a new tab) · as of November 3, 2026
- Meet requirements
State labor and unemployment agency
Maryland Labor
Maryland Department of Labor
Registers employers for unemployment insurance and the Family and Medical Leave Insurance program and collects quarterly unemployment insurance taxes.
Visit Maryland Labor (opens in a new tab)Source: Maryland Labor, new employers page (opens in a new tab) · as of November 3, 2026
Show 1 more organization
- Meet requirements
State port authority
MPA
Maryland Port Administration
Manages the state-owned facilities at the Port of Baltimore and works to increase waterborne commerce through the state.
Chambers and industry associations
- Get advice
Export advisory council
MD-DC DEC
Maryland/Washington D.C. District Export Council, Inc.
Advises local firms on international business and runs events with the Commercial Service, including a yearly Maryland Export Day.
Visit MD-DC DEC (opens in a new tab)Source: District Export Council, about page (opens in a new tab) · as of November 3, 2026
- Get advice
State chamber of commerce
Maryland Chamber
Maryland Chamber of Commerce
Advocates for Maryland businesses in the legislature and publishes a yearly competitiveness index.
Visit Maryland Chamber (opens in a new tab)Source: Maryland Chamber of Commerce, home page (opens in a new tab) · as of November 3, 2026
5. Worth knowing
Local economy
The Richmond Fed reports Maryland payroll employment fell by 13,900 jobs, or 0.5 percent, in the year to September 2026, with unemployment at 3.9 percent.
What to do: Test local demand assumptions against current state data before you size a project.
Sources: Richmond Fed, Maryland economic snapshot, September 2026 data (opens in a new tab); Richmond Fed, podcast on federal job cuts, February 2026 (opens in a new tab) · as of November 3, 2026
Family and medical leave
Employers with at least one employee in Maryland must register with the leave insurance program; withholding begins January 1, 2027 and benefits begin January 1, 2028.
What to do: Register with the program before you hire in Maryland.
Sources: Maryland Business Express, FAMLI page (opens in a new tab); Maryland Labor, new employers page (opens in a new tab) · as of November 3, 2026
Data and IT services tax
Maryland has taxed data and information technology services at 3 percent since fiscal 2026, and a law effective July 1, 2026 exempts sales within one affiliated group.
What to do: Check with the Comptroller whether your services fall in the taxed categories before you price.
Sources: Legislative Services, fiscal note on House Bill 898, 2026 (opens in a new tab); Maryland General Assembly, Chapter 352 of 2026 (DECADE Act) (opens in a new tab) · as of July 1, 2026
Digital advertising tax
Maryland taxes digital advertising revenues at 2.5 to 10 percent for companies with US$100 million or more in global revenues; a 2025 law sets assessment appeals.
What to do: Check whether your digital advertising revenues fall in scope before you set Maryland prices.
Sources: Legislative Services, fiscal note on House Bill 546, 2025 (opens in a new tab); Comptroller of Maryland, 2025 corporation income tax booklet (opens in a new tab) · as of January 1, 2026
Across the United States: see Worth knowing in Invest in the United States
6. How Promote:Global helps
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Promote:Maryland is an independent guide by Promote:Global, not an official government portal. The organizations named here are independent public and membership bodies, not Promote:Global partners, and every link goes to their own site.
Facts read from public sources, with an editorial cut-off of November 4, 2026. Nothing here is investment, legal, tax or sanctions advice. Check current status with the organization before you rely on it.