We are professionals at the New Mexico incorporation process and are happy to do everything for you. Everything we need to form your Corporation is on this order form. After we receive your information we file your articles the same day.
Corporations offer flexibility, stability and an ability to raise capital that other business entities do not. This combination make corporations the go to vehicle for large enterprises.
While corporations have many advantages, small business owners may want to consider forming a New Mexico LLC. Limited Liability Companies are more flexible and easier to maintain in terms of corporate governance.
Our goal is to make doing business in New Mexico as simple as possible. We don't over complicate things and offer transparent pricing. Everyone is happier that way. After receiving your order, we submit the paperwork the same day and notify you immediately when the corporation has been accepted by the Secretary of State. As we like to say, simply complete the form and we will do the rest.
Every corporation includes articles of incorporation, bylaws, resolution to open a bank account, one year of registered agent service, free mail forwarding, use of our name as incorporator and more. Our $249 fee is all inclusive. The only additional thing you will need to open a bank account is an Employer Identification Number (EIN). You may either have us assist you, the option is on the order form, or follow our step-by-step guide here.
An S corporation is a special tax designation. This filing must be made the IRS when you apply for an EIN or shortly after. It is a federal designation and does not impact any filings at the state level. Both "C-Corps" and "S-Corps" are equivalent for asset protection and privacy.
An S-Corp is an example of a Pass Through Election. Profits are not taxed at the corporate level, but instead pass through to the owner's individual returns. You should not form an S-Corp just for tax reasons. An LLC is taxed as a pass through entity by default and may be taxed as an S-Corp by request using IRS form 8832 here.
When exiting your stake, the tax owed on capital gains is often less for an S-Corp than a C Corporation. Each form of taxation has certain tax benefits, but you should consult with an accountant for the specifics of your situation.
The limitations are each shareholder must be a US resident, and there may be no more than 75 shareholders - with husbands and wives counting as one. Learn more about incorporating in New Mexico here.
Receiving 501(c)3 designation from the IRS brings several benefits. These benefits arise from the IRS, and government more generally, wanting to incentivize charitable activity. A non-profit should only be formed if you have charitable intentions. The primary reason for establishing one should not be the avoidance of taxes. While it is true there are no taxes, there are also no profits to distribute. Employees can be paid a reasonable salary. We are happy to file the articles of incorporation for your non-profit with the State of New Mexico. We cannot assist with obtaining 501(c)3 status from the Internal Revenue Service however.
The company name may end with a variation of incorporation, corporation, company, limited or an abbreviation of one of these words. If you do not choose one, then by default we add ", Inc.".
This site is solely intended for informational purposes. It is beyond the scope of this site to provide any legal or tax advice. Rather, we only intend to make you aware of the forms of ownership available to you. We advise you seek professional advice before embarking upon any course of action.