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New Mexico statutes state that every corporation and LLC must maintain a registered agent, whether you formed your company in New Mexico or you're a foreign entity operating here.
All NM business entities are required to have a registered agent.
As per the New Mexico LLC Act, an Operating Agreement isn't required for an LLC in New Mexico. But while it's not required in New Mexico to conduct business, we strongly recommend having an Operating Agreement for your LLC.
As the owner of an LLC, you must pay self-employment tax and federal income tax, both of which are levied as ?pass-through taxation." Federal taxes can be complicated, so speak to your accountant or professional tax preparer to ensure that your New Mexico LLC is paying the correct amount.
Although fees vary by state when it comes to forming an LLC and keeping it in compliance, New Mexico is considered one of the best states to form an LLC in. This is because there is no annual fee.