New Mexico Limited Liability Companies have some of the lowest fees in the country. Our Secretary of State has made our jurisdiction one of the least expensive for doing business. Formations and additional filings have a nominal fee and there is no annual report (more on that below). Find additional New Mexico LLC advantages here.
You form an LLC in New Mexico by filing your Articles of Organization with the New Mexico Secretary of State. The Articles may be mailed in or filed using their e-file system. The e-file system requires you to create an account and pay a deposit fee for convenience. This is charged when you fund your account. In either case, the filing fee is only $50.
Note, filing the Articles yourself means your name and signature will appear in the public record. Not every formation service will allow you to file using their name, but we do. Our $199 LLC includes your filing fee, anonymity, first year of registered agent service, operating agreement, free use of our address, five pieces of free mail forwarding and more.
New Mexico's LLC is highly sought after because there are no annual reports. No annual report also means no annual fee. The Secretary's only requirement is that you maintain a registered agent in New Mexico. So long as you have an agent your company will remain in good standing. Articles of Dissolution may be filed if you wish to formally wind down your limited liability company.
A few counties in New Mexico do have a required business license. However, if you live in another state and are not physically operating here, then you will not need to worry about getting a business license in New Mexico. For example, using a New Mexico LLC to anonymously title property or run an e-commerce store will not require you to obtain any licenses or pay any dues.
Our registered agent service only costs $75 annually. This is less than most national providers. It also includes free use of our business address and 5 pieces of free mail forwarding. You may also pay for multiple years at once to receive a discounted fee.
Find miscellaneous fees your company may incur during its normal course of business here: