There are two ways to receive a waiver for your business 2025 $300 Registration Fee:
The waiver is automatic if your business participates in the MarylandSaves Pension Plan Program.
If your business has a qualified employer sponsored retirement plan, you can certify your exemption and claim your waiver here https://www.marylandsaves.org/claim-exemption/
Employer sponsored plans include a plan qualified under Internal Revenue Code sections 401(a) (including a 401(k) plan), qualified annuity plan under section 403(a), tax-sheltered annuity plan under section 403(b), Simplified Employee Pension plan under section 408(k), a SIMPLE IRA plan under section 408(p), or governmental deferred compensation plan under section 457(b).
The cutoff for this filing season has already passed. But as of now, you can certify and apply for the same waiver for next year. If you certify, when GWCPA prepares your 2026 Maryland Personal Property (due 4/15/2025) and delivers it to you for electronic signature via Maryland Business Express, you will see the credit when you go to the payment screen.
