GUARDIANSHIELDBuy Maryland Cybersecurity Tax Credit
Guardianshield Cybersecurity, LLC is a Qualified Maryland Cybersecurity Seller. Eligible Maryland small businesses that buy our cybersecurity services and eligible cybersecurity technology may qualify for a 50% Maryland income tax credit.
How the Credit Works
Maryland's Buy Maryland Cybersecurity (BMC) Tax Credit, administered by the Maryland Department of Commerce under Tax-General Article §10-733.1, lets a Qualified Maryland Company claim a credit for 50% of the net purchase price of cybersecurity technology and services bought from a Qualified Maryland Cybersecurity Seller.
50% credit
Calculated on the net purchase price, after taxes and fees are subtracted.
Up to $50,000 per year
The maximum credit per buyer per tax year, equal to $100,000 in eligible purchases.
Same tax year
The credit is claimed for the tax year in which the purchase was made. For installment contracts, payments made in that year count.
Who Qualifies as a Buyer
- Fewer than 50 employees in Maryland
- Required to file a Maryland income tax return
- Buys eligible cybersecurity technology or services from a Qualified Maryland Cybersecurity Seller
How to Apply
- Confirm with Maryland Commerce that the seller has remaining capacity for the tax year.
- Purchase eligible cybersecurity technology or services.
- Apply through the Maryland Commerce online portal with your invoice and proof of payment (applications are accepted online only).
- Receive a Certificate of Approval from Commerce (review takes about 60 days).
- Attach the certificate to your Maryland income tax return for the year of purchase.
Plan Early
Credits are awarded first-come, first-served from up to $4 million in statewide funding each tax year, and each seller's purchases can generate at most $200,000 in credits per year. Commerce must approve the credit before it can be claimed.
Confirm your eligibility with Maryland Commerce before you buy. Read the official program details on the Maryland Department of Commerce Buy Maryland Cybersecurity Tax Credit page ↗.
Need hardware? Meet Guardianshield Systems.
Integration projects often need hardware. Our hardware arm, Guardianshield Systems, supplies related hardware and runs a CNC micro-factory producing precision parts for drones and robotics, engineered with the same security-first discipline.