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If you file your LLC by mail, it will be approved in 15-20 business days. But if you file online, your LLC will be approved in 1-3 business days. Please see How long does it take to get an LLC in New Mexico to check for any delays.
An operating agreement is a document that outlines the way your LLC will conduct business. An operating agreement isn't required in New Mexico, but it is an essential component of your business.
All Corporations, LLCs, and Partnerships must first register with the Secretary of State. You can register LLCs online, but partnerships and corporations registration forms must be completed and submitted via mail or in person.
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.
Operating agreements function as a legal contract between or among members of a multimember LLC, though even single-member LLCs can benefit from one, too. Most LLCs won't need to file or provide proof of an operating agreement?in fact, a business can keep these documents confidential among members if preferred.