Many form New Mexico LLCs due to the anonymity they afford. Neither the government, your neighbors, creditors nor your family will know who owns the company. We do not share your information with anyone.
Would you consider broadcasting your bank account, home address and other information on Facebook, or somewhere else people can easily find? Of course you wouldn't. So, then, why would you form a company in another state which essentially forces you to do the same?
We form every LLC privately and our New Mexico registered agent service is designed to shield your identity year in and year out. We also have resource articles showing you how to use a holding company or a "Double LLC" to set up anonymously in Florida (and many other states).
We believe the pursuit of privacy is more justifiable than ever. This is largely because public records have moved online, and with it all of your personal information - if you are not careful. It is completely justifiable to enforce your right to privacy. It doesn't mean for a single moment that you are "up to no good" if you want to keep your personal finances private.
Did you know two lawsuits are filed every minute, and those with wealth are more likely to be targets? Whether it's friends, creditors, neighbors or family, your assets will be safe from a simple Google search. We can protect your identity and encourage you to take the opportunity. Discover more about how to use a private llc to protect your identity here.
A primary reason to register a private company is to fight back against creditors. Most often, attorneys will seek the "lowest hanging fruit". This means if your assets are easy to find, then you are an easy target. If a creditor has to engage in research and try to find you in another state, then you are much less appealing.
Another reason is because not everyone wants their friends, family and neighbors to know exactly what they are up to. That is just fine by us. New Mexico's anonymous limited liability company allows you to do just that. Plus, NM has the advantage of being significantly less expensive than a comparable LLC in Nevada or Delaware. Want to know more? Follow our link to read our page comparing Wyoming, Nevada and Delaware's LLC to NM.
There are a few states which actively pursue new incorporations. They are Delaware, Nevada, Wyoming and New Mexico. Each state offers its own benefits, but the first three severely overcharge. Their upfront fees are usually hundreds of dollars, plus there is an annual report each year which asks for more money. In our state you are only required to maintain a registered agent, which is something every state requires.
New Mexico has no annual New Mexico LLC fees, reports or filings. Nevada pretends to be private, but they ask for a list of members each year and promise they won't share it. However, with the government you never really know and they could always suffer a data breach which would unexpectedly compromise your identiy.
This is how New Mexico's Secretary of State is different. The Limited Liability Companies here are easy to start and very cheap to maintain. They never ask for member, managers or even a place of business. They keep their companies as private as possible to our benefit. Learn more about New Mexico Limited Liability Companies here.
Limited Liability Companies in the state of New Mexico are private by default. The Secretary of State only wants
to know of the Organizer for the limited liability company - which is us. Corporations only have to list an
Incorporator. Compare this to Florida for example.
We also pay the State, meaning the money trail will end with us as well. This helps you by stopping another possible piece of information from being compromised. In the years that follow, New Mexico does not have tax return requirements for LLC with members in other states, nor does it require other reports where you have to disclose your identity. You are only required to maintain a registered agent in New Mexico to continue protecting your identity.
We have a number of resource articles on topics such as how to open a bank account for an anonymous LLC, how to establish a business phone and more in the navigation menu above under "Resources" and "Related Reading". Click the following links to learn more about our same day llc formation service, setting up a virtual office, our registered agent service, how to protect your identity in states such as Florida and other New Mexico LLC advantages here.