New Mexico LLC Price (2026): $50 to Kind and Nothing Due Every Yr
New Mexico is the uncommon state the place an LLC’s complete state submitting value could be a single $50 fee. There isn’t any annual report and no biennial report, so as soon as the Articles of Group are accepted, the state asks for nothing extra to maintain the LLC lively. The one ongoing requirement is a registered agent in New Mexico.
The $50 Articles of Group
A New Mexico LLC is fashioned by submitting Articles of Group with the Secretary of State. The payment is $50, and submitting is on-line solely by means of the SOS Enterprise portal; paper filings are now not accepted. Relying on the way you pay, the portal could add a small comfort payment.
The Articles title the LLC and its registered agent with a New Mexico handle. They don’t require the names of members or managers, which is the idea of New Mexico’s privateness popularity.
Northwest Registered Agent
A New Mexico LLC should maintain a registered agent within the state for so long as it exists. $39 formation + $50 state payment, free registered agent for yr one, then $125/yr.
$39 formation payment · Free registered agent for 12 months · Your handle stays off public information · No knowledge promoting · No hidden charges
Form Your LLC with Northwest ($39) →Lowest 3-year value we discovered: Northwest $289 vs Bizee $298 vs ZenBusiness $497 (service charges; state charges further). Northwest additionally places its handle in your public filings as an alternative of yours the place the state permits.
No Annual Report, Ever
Most states cost one thing yearly or two to maintain an LLC in good standing. New Mexico doesn’t require an annual or biennial report from LLCs in any respect, so there isn’t any recurring state payment and no submitting deadline to overlook.
That doesn’t imply zero upkeep. If the registered agent or its handle modifications, you file a change with the Secretary of State, and the LLC should maintain a legitimate agent always. With out one, the state can not attain the LLC and it dangers shedding good standing.
Proprietor Privateness within the Public Report
As a result of the Articles don’t ask for members or managers, New Mexico’s public enterprise search doesn’t present who owns the LLC. For house owners who need their title out of informal on-line searches, that may be a actual benefit.
It’s privateness from the general public, not from the federal government. Banks nonetheless confirm house owners if you open an account, and the LLC’s revenue continues to be reported on the house owners’ tax returns. When you use your house handle because the registered agent handle, that handle is public, which is why many homeowners use a industrial agent.
Gross Receipts Tax: The Price That Issues
New Mexico doesn’t impose a franchise tax on LLCs taxed as pass-through entities. What it does have is the gross receipts tax, which applies to most gross sales of products and lots of providers by companies working within the state. It’s charged on receipts moderately than revenue, and the speed relies on the place the enterprise is positioned.
In case your LLC does enterprise in New Mexico, register with the Taxation and Income Division and funds for gross receipts tax. It is going to outweigh each submitting payment on this web page. An LLC fashioned in New Mexico however doing enterprise elsewhere owes tax the place it operates.
New Mexico 3-Yr Price
| State of affairs | Yr 1 | Yr 2 | Yr 3 | 3-Yr Complete |
|---|---|---|---|---|
| Northwest Registered Agent | $89 ($50 + $39, RA free) | $125 (no report + $125 RA) | $125 (identical) | $339 |
| ZenBusiness (Starter) | $149 ($50 + $0 + $99 RA) | $199 ($199 RA) | $199 (identical) | $547 |
| DIY, self as registered agent | $50 (Articles of Group) | $0 (no annual report) | $0 (no annual report) | $50 |
A DIY New Mexico LLC prices $50 in state submitting charges over three years. Your entire $289 distinction with Northwest Registered Agent is registered agent service after yr one, the one recurring requirement the state imposes.
Kind your New Mexico LLC for $39 + $50 state payment.
Northwest Registered Agent: $39 formation, free Yr 1 registered agent, compliance reminders, and your house handle stored off public information.
Form My New Mexico LLC for $39
Choose a $0 upfront starter plan? Compare ZenBusiness (registered agent $199/yr).
When a New Mexico LLC will not be the proper selection: for those who dwell and function in one other state, forming in New Mexico normally means additionally registering as a overseas LLC at residence and paying that state’s charges, which erases the financial savings. New Mexico works greatest for companies that function there, or for holding buildings the place privateness issues.
Why I Select Northwest Registered Agent
After forming 3 LLCs myself and serving to shoppers by means of the method, I maintain coming again to Northwest Registered Agent. Right here is why:
- Outstanding Buyer Help: Fast, human responses each time.
- Caring & Privateness-Centered: Real service with full respect to your privateness.
- Lightning-Quick Formation: Usually sooner than promised.
- Unbelievable Worth: $39 features a free enterprise handle, mail scanning, and extra.
- Clear & Clear: No hidden charges or surprises.
Able to kind what you are promoting? Select Northwest immediately!
Regularly Requested Questions
How a lot does it value to kind an LLC in New Mexico?
$50 for the Articles of Group, filed on-line. With Northwest Registered Agent the first-year complete is $89, together with a free first yr of registered agent service.
Does New Mexico require an annual report for LLCs?
No. New Mexico requires neither annual nor biennial studies from LLCs.
Are LLC house owners listed publicly in New Mexico?
No. The Articles of Group don’t require member or supervisor names, and they don’t seem within the public enterprise search.
What taxes does a New Mexico LLC pay?
No franchise tax for pass-through LLCs, however companies working in New Mexico typically owe gross receipts tax, and earnings go by means of to the house owners’ revenue tax returns.
