New Mexico LLC Cost (2026): $50 to Form and Nothing Due Each Year
New Mexico is the rare state where an LLC’s total state filing cost can be a single $50 payment. There is no annual report and no biennial report, so once the Articles of Organization are accepted, the state asks for nothing more to keep the LLC active. The only ongoing requirement is a registered agent in New Mexico.
The $50 Articles of Organization
A New Mexico LLC is formed by filing Articles of Organization with the Secretary of State. The fee is $50, and filing is online only through the SOS Enterprise portal; paper filings are no longer accepted. Depending on how you pay, the portal may add a small convenience fee.
The Articles name the LLC and its registered agent with a New Mexico address. They do not require the names of members or managers, which is the basis of New Mexico’s privacy reputation.
Northwest Registered Agent
A New Mexico LLC must keep a registered agent in the state for as long as it exists. $39 formation + $50 state fee, free registered agent for year one, then $125/yr.
$39 formation fee · Free registered agent for 12 months · Your address stays off public records · No data selling · No hidden fees
Form Your LLC with Northwest ($39) →Lowest 3-year cost we found: Northwest $289 vs Bizee $298 vs ZenBusiness $497 (service fees; state fees extra). Northwest also puts its address on your public filings instead of yours where the state allows.
No Annual Report, Ever
Most states charge something every year or two to keep an LLC in good standing. New Mexico does not require an annual or biennial report from LLCs at all, so there is no recurring state fee and no filing deadline to miss.
That does not mean zero maintenance. If the registered agent or its address changes, you file a change with the Secretary of State, and the LLC must keep a valid agent at all times. Without one, the state cannot reach the LLC and it risks losing good standing.
Owner Privacy in the Public Record
Because the Articles do not ask for members or managers, New Mexico’s public business search does not show who owns the LLC. For owners who want their name out of casual online searches, that is a real advantage.
It is privacy from the public, not from the government. Banks still verify owners when you open an account, and the LLC’s income is still reported on the owners’ tax returns. If you use your home address as the registered agent address, that address is public, which is why many owners use a commercial agent.
Gross Receipts Tax: The Cost That Matters
New Mexico does not impose a franchise tax on LLCs taxed as pass-through entities. What it does have is the gross receipts tax, which applies to most sales of goods and many services by businesses operating in the state. It is charged on receipts rather than profit, and the rate depends on where the business is located.
If your LLC does business in New Mexico, register with the Taxation and Revenue Department and budget for gross receipts tax. It will outweigh every filing fee on this page. An LLC formed in New Mexico but doing business elsewhere owes tax where it operates.
New Mexico 3-Year Cost
| Scenario | Year 1 | Year 2 | Year 3 | 3-Year Total |
|---|---|---|---|---|
| Northwest Registered Agent | $89 ($50 + $39, RA free) | $125 (no report + $125 RA) | $125 (same) | $339 |
| ZenBusiness (Starter) | $149 ($50 + $0 + $99 RA) | $199 ($199 RA) | $199 (same) | $547 |
| DIY, self as registered agent | $50 (Articles of Organization) | $0 (no annual report) | $0 (no annual report) | $50 |
A DIY New Mexico LLC costs $50 in state filing fees over three years. The entire $289 difference with Northwest Registered Agent is registered agent service after year one, the only recurring requirement the state imposes.
Form your New Mexico LLC for $39 + $50 state fee.
Northwest Registered Agent: $39 formation, free Year 1 registered agent, compliance reminders, and your home address kept off public records.
Form My New Mexico LLC for $39
Prefer a $0 upfront starter plan? Compare ZenBusiness (registered agent $199/yr).
When a New Mexico LLC may not be the right choice: if you live and operate in another state, forming in New Mexico usually means also registering as a foreign LLC at home and paying that state’s fees, which erases the savings. New Mexico works best for businesses that operate there, or for holding structures where privacy matters.
Why I Choose Northwest Registered Agent
After forming 3 LLCs myself and helping clients through the process, I keep coming back to Northwest Registered Agent. Here is why:
- Remarkable Customer Support: Quick, human responses every time.
- Caring & Privacy-Focused: Genuine service with full respect for your privacy.
- Lightning-Fast Formation: Often faster than promised.
- Incredible Value: $39 includes a free business address, mail scanning, and more.
- Clear & Transparent: No hidden fees or surprises.
Ready to form your business? Choose Northwest today!
Frequently Asked Questions
How much does it cost to form an LLC in New Mexico?
$50 for the Articles of Organization, filed online. With Northwest Registered Agent the first-year total is $89, including a free first year of registered agent service.
Does New Mexico require an annual report for LLCs?
No. New Mexico requires neither annual nor biennial reports from LLCs.
Are LLC owners listed publicly in New Mexico?
No. The Articles of Organization do not require member or manager names, and they do not appear in the public business search.
What taxes does a New Mexico LLC pay?
No franchise tax for pass-through LLCs, but businesses operating in New Mexico generally owe gross receipts tax, and profits pass through to the owners’ income tax returns.
