- Filing fee
- $50
- Ongoing report
- $0
- First-year gov. cost
- $50
- Publication
- Not required
The steps, in order
Pick a name New Mexico will accept
Must be distinguishable.
Search existing New Mexico business names before you commit. New Mexico naming rules in detail.
Appoint a registered agent
Physical New Mexico street address required, P.O. boxes explicitly banned.
You can serve as your own agent, but your address will be public. Compare New Mexico registered agent options.
File the Articles of Organization
Submit it to the New Mexico Secretary of State through the official filing portal and pay $50. $50 plus a variable credit card convenience fee. 100% online mandate.
Processing: online 1 to 3 business days; by mail No paper filings accepted. Expedite: No expedited options available.
Write an operating agreement
Not mandated to be filed, but statute specifically defines it as a written document, disallowing oral agreements.
Get an EIN from the IRS
An Employer Identification Number is free from IRS.gov. You'll need it for a business bank account and, if you hire, for payroll.
Stay in good standing
New Mexico doesn't require a recurring LLC report, based on our latest check. New Mexico report deadlines.
Every New Mexico LLC fee
| Filing | State fee | Notes |
|---|---|---|
| Articles of Organization | $50 | $50 plus a variable credit card convenience fee. 100% online mandate. |
| None required | $0 | none, N/A |
| Change of registered agent | $20 | Online filing |
| Amendment | $50 | |
| Certificate of good standing | $27 | |
| Certificate of Registration | $100 | For LLCs formed in another state |
| Articles of Dissolution | $25 | |
| DBA / assumed name | $25 to $50 | county |
How New Mexico compares nationally
- New Mexico's filing fee of $50 is the 4th lowest of 51 jurisdictions (median $104).
- New Mexico's first-year government cost of $50 is the 4th lowest of 51 jurisdictions (median $125).
- New Mexico's yearly cost after that of $0 ties for the lowest of 51 jurisdictions (median $45).
See every state side by side in our LLC cost by state table.
File it yourself or use a service?
Filing directly with the New Mexico Secretary of State costs $50 and nothing else, but you'll need a registered agent with a New Mexico street address, and that address goes on the public record. A formation service files for you and acts as your agent. Here's what that adds over three years, before New Mexico's own fees:
| Route | Year one with New Mexico fee | 3-year service fees |
|---|---|---|
| File yourself, be your own agent | $50 | $0 |
| Northwest | $89 | $289 |
| Bizee Basic | $50 | $298 |
Bizee vs Northwest, compared · All LLC services ranked
State taxes to plan for
No franchise taxes or annual LLC privilege fees to SOS. Must register for Gross Receipts Tax (GRT). Pass-through income taxed at standard state personal brackets.
What's different about New Mexico
- Total lack of ongoing reporting to the Secretary of State
- Unparalleled privacy, member and manager names not required on formation documents
- 100% online filing mandate
More New Mexico LLC guides
New Mexico LLC questions
How much does it cost to form an LLC in New Mexico?
The New Mexico Secretary of State charges $50 to file the Articles of Organization. Counting mandatory first-year items, expect about $50 in government fees (Online formation fee (plus portal fees)).
How long does it take to form an LLC in New Mexico?
Online: 1 to 3 business days. By mail: No paper filings accepted. Expedited: No expedited options available.
Does a New Mexico LLC have to file an annual report?
New Mexico doesn't require a recurring report for LLCs, based on our latest check. No annual or biennial report to the SOS
Can I be my own registered agent in New Mexico?
Yes. Physical New Mexico street address required, P.O. boxes explicitly banned. Your agent's address becomes public record.
Does New Mexico require publishing a notice for a new LLC?
No. New Mexico has no newspaper publication requirement for LLCs, based on our latest check.
Is an operating agreement required in New Mexico?
Not mandated to be filed, but statute specifically defines it as a written document, disallowing oral agreements.
What taxes does a New Mexico LLC pay to the state?
No franchise taxes or annual LLC privilege fees to SOS. Must register for Gross Receipts Tax (GRT). Pass-through income taxed at standard state personal brackets.
Sources and verification
Last checked against official state sources on . States change fees with little notice, so confirm on the filing portal before you pay. How we verify.
Still being confirmed with the state: name reservation.fee, name reservation.duration.