Nordic Aquafarms has been working to get the permits they need from the Board of Environmental Protection. Thomas Kittredge, Belfast's Director of Economic Development, said he believes their deadline is in April.
The proposed forty acre facility would be at the Little River in Belfast.
Over the past year, the project has gotten mixed reactions, with some worried it would harm the environment.
But city officials said the permit process is a way to make sure the Norwegian company adheres to requirements.
"That's why we have the Maine Department of Environmental Protection and the people there to be able to evaluate a project such as this," said Kittredge, "and be able to set standards and to monitor Nordic Aquafarms should they go forward and be in operation."
The next step for Nordic Aquafarms would be to get permits from the city of Belfast.
As part of that process, city officials said there will be public hearings, though they have not been scheduled yet.