How to Create a Series LLC in Maine

What Is a Series LLC?

A Series LLC is a unique form of a limited liability company that allows for the creation of multiple, distinct series within a single LLC. Each series operates independently, with its own assets, liabilities, and members. This structure allows for the segregation of assets and liabilities, providing protection for each series from the debts and obligations of the others.

Does Maine Allow Series LLCs?

As of the current date, Maine does not authorize the formation of Series LLCs under its state laws. The Maine Limited Liability Company Act does not include provisions for Series LLCs, which means that businesses seeking to form a Series LLC must consider other jurisdictions that permit such structures.

Maine Series LLC Filing Fees and Costs

Maine does not have a fee structure for Series LLCs due to their non-recognition.

Maine Franchise Tax and Series LLCs

Maine does not impose a franchise tax on Series LLCs, as they are not recognized.

Additional Resources

• Maine Secretary of State
• Maine Revised Statutes
• Maine Revenue Services
• Contact: (207) 624-7736, cec.corporations@maine.gov

This article provides general information about Maine LLC formation requirements under the Maine Revised Statutes. It is not intended as legal advice. Persons forming an LLC should consult with a private attorney regarding their specific circumstances.