New Mexico

How to Start an LLC in New Mexico

To start an LLC in New Mexico, you must file Articles of Organization with the New Mexico Secretary of State.

• Filing Fee: $50

• Approval Time: 1–3 business days (online)

6 Steps to Form an LLC in New Mexico

• Choose an LLC Name

• Select a Registered Agent

• File Articles of Organization

• Create an Operating Agreement

• Get an EIN from the IRS

• Register for a New Mexico Tax ID Number
  
  

Want to file your LLC yourself? Follow our step-by-step guide below.
Want help? We recommend RAINC.

How Much Does It Cost to Start an LLC in New Mexico?

• $50 one-time fee (Articles of Organization)

There are no annual report fees or franchise taxes for LLCs in New Mexico — making it one of the most affordable states to maintain an LLC.

How Long Does It Take to Get an LLC in New Mexico?

   Filing Method                            Approval Time

  Online                                     1–3 business days

  By Mail                    15–20 business days (plus mail time)

Get a New Mexico Tax ID Number

All LLCs must register with the New Mexico Taxation & Revenue Department to get a State Tax ID Number.

Why do you need it?

• To report state gross receipts tax

• If your LLC hires employees

• If your LLC sells goods or services in New Mexico