New Mexico Application for Waiver of the Chapter 7 Filing Fee
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How to fill out Application For Waiver Of The Chapter 7 Filing Fee?
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FAQ
The annual fee for New Mexico limited liability companies (LLCs) is $0. In addition to no annual fee, your New Mexico LLC also does not have to file an annual report. These are just a few of the reasons why New Mexico has become a desirable location to form an LLC.
To do so, you must file a form, the ?Uniform Civil Affidavit of Indigency? form, with the court at the time you file any other court document (such as a complaint, civil warrant, motion or petition). A judge will review the Affidavit form and will either grant or deny your request.
New Mexico does not require LLCs to file an annual report. New Mexico imposes a franchise tax on LLCs if they paid federal income tax. The franchise tax is filed along with the state income tax, and is due by the 15th day of the third month following the close of the tax year.
In New Mexico, there is no annual fee. Another cost that goes along with the formation of an LLC is the registered agent. You can choose a member of the LLC or a manager as the registered agent, but you can also choose to hire a third party.