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Maryland

Business valuation in Maryland

Saltaire Partners works with owners of businesses in Maryland worth roughly $3–100M, from the New York metropolitan area. This page links to a local guide for each Maryland metro area covered so far, and sets out the state rules that change what a sale looks like here: corporate tax, personal income tax, transfer taxes, filings. Every figure and rule links to its source.

Fixed fees. No exclusives. No success fees.

Metro areas

Maryland metro areas covered

Metro areas covered in Maryland Connecticut District of Columbia Massachusetts Maryland Maine New Hampshire New Jersey New York Pennsylvania Virginia Baltimore Philadelphia Washington Allentown Harrisburg Lancaster Pittsburgh Richmond
Local guide State covered
Employer business locations, Maryland metro areas
  1. Washington, DC 159,002
  2. Philadelphia, PA 153,791
  3. Baltimore 68,827

Each figure is the whole metro area, including any part of it in a neighboring state.

U.S. Census Bureau, County Business Patterns2023

State rules

What Maryland adds to a sale

These statements come from the state's own agencies. Each one links to the page it was taken from.

Corporate tax

Maryland's corporation income tax rate is 8.25% of Maryland taxable income, in effect since January 1, 2008.

Comptroller of Marylandas of 2026

Personal income tax

S corporations, partnerships and LLCs taxed as partnerships file Maryland Form 510, and each member pays Maryland income tax on their share of the entity's income. For tax year 2025, the entity itself pays 8.75% on nonresident individual members' share of Maryland income (6.50% plus a 2.25% special nonresident tax).

Comptroller of Marylandas of 2025

Personal income tax

Under 2025 legislation, Maryland adds a 2% tax on net capital gain for individuals with federal adjusted gross income over $350,000, whatever their filing status. It also applies to capital gain passed through to them by a pass-through entity.

Comptroller of Marylandas of 2025

Transfer taxes

Maryland's 6% sales and use tax applies to the price of tangible personal property and digital products included in the purchase of a business, unless specific exemptions apply. That covers items such as furniture, fixtures, leasehold improvements, software, business records and customer lists, and the Comptroller audits purchases of businesses.

Comptroller of Marylandas of 2024

Transfer taxes

When more than 80% of the controlling interest in an entity that owns Maryland real property is transferred, a Report of Transfer of Controlling Interest is filed with the State Department of Assessments and Taxation, and state and county recordation and transfer taxes are paid on the consideration attributable to the Maryland real property. The state transfer tax rate is 0.5%.

Maryland State Department of Assessments and Taxationas of 2024

Filings

A business that acquires another employer's assets or business is a successor employer for Maryland unemployment insurance, and if the two share any common ownership, management or control, the predecessor's tax rate and experience rating transfer to it. A transfer of workforce or payroll, such as in an acquisition, is reported on a business transfer report.

Maryland Department of Labor, Division of Unemployment Insuranceas of 2026

This is general information, not tax or legal advice. Your attorney and CPA should confirm how it applies to your sale.

Where to start

What's it worth?

Most owners start there. It's one module. You can buy it and stop. The rest of each menu is priced the same way.

Start here

Range of value opinion

$1,000

What it's worth, and why. Delivered in a week.

What you get
A written range of value for the business, with the reasoning behind it: the earnings it rests on, the adjustments made, and what would move the number up or down.
When it fits
You want to know whether selling makes sense now. Or there's an offer on your desk and nothing to compare it to.
Request the 30-minute call The full entry →
The first step

Not sure what you need?

That's what the call is for.

Request the 30-minute call How it works →

Saltaire Partners works with owners across Maryland from the New York metropolitan area. Calls are by video or phone.

On the call 30 min · free

  1. Thirty minutes

    By video or phone, at a time you pick.

  2. We work out what you need

    Which module fits, if any. Sometimes the answer is none yet.

  3. You leave with a number

    If a module fits, you'll know its fixed fee before you decide anything.