NM · Incorporation
Form an LLC or corporation in New Mexico.
New Mexico's modern accounting partner for formation, registered agent, and the books that come next.
At a glance
New Mexico formation snapshot
- LLC filing fee
- $50
- Corp filing fee
- $100
- Annual / franchise
- $0 annual report for many LLCs
- Annual report due
- Varies
- State income tax
- Graduated personal; 5.9% corporate
- Typical processing
- 1–2 weeks
Fees and timelines can change. We confirm current amounts before we file.
Why this state
Why form in New Mexico
New Mexico supports standard LLC and corporation filings through its Secretary of State (or equivalent). Typical processing is about 1–2 weeks.
State income tax posture here: Graduated personal; 5.9% corporate. Confirm whether franchise, gross receipts, or other business taxes also apply to your entity.
If you operate, hire, or keep inventory outside New Mexico, plan foreign qualification and multi-state tax registration early.
Process
Step-by-step formation in New Mexico
- 1Name reservation (when required)
- 2Articles of Organization or Incorporation filing
- 3Registered agent designation
- 4EIN application
- 5Operating agreement or bylaws
- 6BOI / FinCEN filing when required
- 7State and local business licenses
- 8First-year compliance calendar
Compliance
Ongoing compliance in New Mexico
- Track the annual report or franchise cycle for New Mexico. Typical timing: Varies. Typical fee context: $0 annual report for many LLCs.
- Keep a registered agent with a physical street address in New Mexico at all times.
- Add state tax accounts and local licenses based on your activity, not only the SOS filing.
State-specific notes
- Fees, due dates, and portals in New Mexico change. We confirm current amounts before we file.
- Home-state formation does not remove sales tax, payroll, or income tax duties in other states where you have nexus.
Tax snapshot
New Mexico tax at a glance
Graduated personal; 5.9% corporate
FAQ
New Mexico formation questions
Ready to form in New Mexico?
Tell us your entity type and timeline. We confirm live fees, file, and set your first-year compliance calendar.