New Mexico Corporation

In 2017 New Mexico's gross domestic product was $94.2 billion. In 2017 the per capita personal income was $39,811 (ranked 48th in the nation).

The Meaning of Certificate of Good Standing Generally, a Certificate of Good Standing simply indicates that the entity has filed all reports and fees with the Secretary of State's office. It serves as proof, or evidence, that the entity exists and is authorized to transact business in the state.

Roads and Traffic- New Mexico has pretty bad roads and it is on the list for states with pretty poor condition on rural roads.Crime Rate- New Mexico is not safe place for living. As research shows that the percentage of violent crimes per 1,000 residents is 7.83%, while the national one is only 4%.

NEW MEXICO RANKED TOP TEN POOREST STATES IN THE COUNTRY IN 2018. The typical New Mexico household earns $47,169 a year which is $36,073 less than the typical household in Maryland, the richest state in the country. Since 2017, there has been a slit uptick in household income at the national level.

To obtain a Certificate of Good Standing, access the New Mexico Secretary of State website by selecting the CORPORATIONS AND BUSINESS SERVICES link. If you have not created an account, select Create User Account. NOTE: The account you create belongs to you, not the business.

Tourism, military, and the oil and gas industry are the major industries in New Mexico. They provide most of the jobs and account for a large amount of the government spending in the state.

How much does it cost to form an LLC in New Mexico? To form a Limited Liability Company in New Mexico, file the Articles of Organization with the New Mexico Secretary of State. The LLC filing fee is $50. Approval for the LLC typically takes between 2-3 weeks when filing by mail and 2-3 days when filing online.

Economy of New Mexico. New Mexico is a comparatively poor state, ranking among the lowest in the country in per capita income. About one-half of its economy is based on the service sector, while much of the remainder is centred on extractive industries (mining and oil production).

New Mexico made some year-to-year strides in a small business survey, but overall still ranked poorly in overall friendliness toward small businesses in a study by Thumbtack, a website that connects customers with local professionals to complete projects.47 in terms of friendliness toward small businesses.