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How to Dissolve an LLC in New Mexico ??Vote to Dissolve the LLC. An LLC is different from a corporation in that all LLC members must agree to dissolve an LLC before it happens. ... File Articles of Dissolution. ... Cancel Permits and Licenses. ... Cancel EIN and Pay off Debts.
How do you dissolve a New Mexico Limited Liability Company? To dissolve your LLC in New Mexico, file Form DLLC-DV, Articles of Dissolution and a duplicate copy with the Public Regulation Commission (PRC). The form is available online (see link below).
Dissolving an LLC in New Mexico comes with a $25 filing fee for submitting the Articles of Dissolution to the Secretary of State. However, there may be additional costs for same-day processing, tax advice, and settling obligations with your registered agent.
Usually this involves a vote by the board of directors and another by the shareholders, but more or less may be required depending on the local laws and the articles of incorporation. Second, one must satisfy the required filings and fees for the federal and state governments in which the business is registered.
To dissolve your New Mexico corporation you must file both the Statement of Intent to Dissolve and the Articles of Dissolution. Each one requires a $50 filing fee. Payment must be made by check or money order. You may expedite processing of your dissolution by the PRC.