New Mexico Simple Patent License
Description
How to fill out Simple Patent License?
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FAQ
New Mexico Biennial Report FAQ The filing fee is $25 (corporations) OR $10 (nonprofits). Both reports must be submitted online.
Is registering a DBA required in New Mexico? No. New Mexico doesn't register DBAs, nor does it require DBAs to be listed on any state or local business license or tax forms. However, most state and local forms do feature a section where you can list your DBA alongside your legal business name.
Unlike most other states, New Mexico currently does not require sole proprietorships to register their DBAs with the state. There is no registration process or requirements on either a state or local level.
While you don't have to register DBAs with the IRS, owners must report DBAs on IRS tax forms.
Any person or business entity in New Mexico can be a registered agent. The only necessary requirements are that they have a physical address in New Mexico and that they understand that their personal information will be made public once the business is formed.
You are the expert on your invention, but you need something more than an invention: you need a patent. Work with an expert on getting a patent and make sure that both you and your lawyer do what you are best at. If you're ready to file a patent, can help.
Although New Mexico doesn't have a general business license requirement, you do have to register with the Taxation & Revenue Department and get a New Mexico Tax Identification Number. This state tax ID is required to do business in the state, and is different from your LLC's federal EIN number.
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. Please visit the pages specific to the type of business you would like to register.
