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The total New Mexico LLC formation costs (the cost to create the LLC by filing the Articles of Organization) is $50. This LLC cost is the same for all New Mexico LLCs.
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.
New Mexico has very lenient requirements for their LLCs which make it a popular state to form businesses in. Because you don't have to live in New Mexico to form an LLC there and there are no annual fees, businesses from around the country look to it as an option.
New Mexico State Income Tax If your New Mexico LLC is taxed as a C-corp, each member will need to pay the corporate income tax of 4.8% on sales of $500,000 and below, or 5.9% on any sales above that.
You can get an LLC in New Mexico in 1-3 business days if you file online (and 2-3 weeks if you file by mail).
Requirements for the Articles of Organization The information required in the formation document varies by state. New Mexico's requirements include: Registered agent. LLCs must list the name and address of a registered agent with a physical address (no post office boxes) in New Mexico.
There is no fee to register or obtain a Business Tax Identification Number. You may also submit an ACD-31015 Business Tax Registration to any district tax office with an appointment. Applications submitted by mail are processed in the order received and processing times may vary.
To make amendments to your domestic limited liability company in New Mexico, submit Form DLLC-AM, Articles of Amendment to the Articles of Organization and a duplicate copy to the New Mexico Public Regulation Commission (PRC). The form is online (see link below).