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The Financial Institutions Division supervises New Mexico state-chartered, federally insured banks and savings and loan associations.
A certificate of good standing in the State of New Mexico is called a Certificate of Compliance. You can order by mail or in person, but we recommend mailing. Normal processing takes up to 10 days, plus additional time for mailing, and costs $10 or more, depending on the type of business entity.
New Mexico Public Regulation Commission.
Once you start a business, you automatically become a sole proprietor in New Mexico. But you should still take steps to start your sole proprietorship, including choosing a business name, applying for licenses and permits, and obtaining an EIN.
New Mexico LLC Formation Filing Fee: $50 You must file with the New Mexico Secretary of State through the online Business Services Division portal. The state will process your articles within 1 to 3 days of receiving them, at which point your New Mexico LLC is officially in business.