New Mexico LLC Formation Guide
Everything you need to form an LLC in New Mexico — fees, timelines, and step-by-step filing instructions.
| State | New Mexico |
| Abbreviation | NM |
| Filing fee | $50 |
| Processing time | 1 business day |
| Expedited available | No |
| Online filing | Yes |
| Annual report fee | Not required |
| Annual report due | N/A |
| Registered agent required | Yes |
| State tax on LLC | No (pass-through only) |
New Mexico-specific notes
No annual report required and fastest processing in the US (~1 day). Members and managers not listed on public records, offering excellent privacy. Highly recommended for low-cost, low-maintenance LLCs.
How to form an LLC in New Mexico — step by step
Search your business name
Verify your desired LLC name is available in New Mexico. The name must include "Limited Liability Company," "LLC," or "L.L.C." Use the New Mexico Secretary of State business search tool.
Choose your registered agent
Designate a registered agent with a physical New Mexico address available during business hours. You can serve as your own agent or use a registered agent service ($50–$300/year).
File articles of organization
Submit your articles of organization to the New Mexico Secretary of State online. Pay the $50 filing fee.
Wait for approval
Standard processing takes approximately 1 business day. You will receive a stamped copy of your articles once approved.
Create an operating agreement
Draft an operating agreement outlining ownership, management structure, profit sharing, and member responsibilities. New Mexico does not require an operating agreement by law, but it is strongly recommended for all LLCs.
Get your EIN
Apply for a federal Employer Identification Number (EIN) free at IRS.gov. Takes about 10 minutes online. Required for business bank accounts, hiring employees, and filing taxes.
Open a business bank account
Use your EIN, articles of organization, and operating agreement to open a dedicated business checking account. Keeping business and personal finances separate is essential for maintaining your liability protection.
Understand ongoing requirements
New Mexico does not require an annual report, which keeps ongoing maintenance very low. Monitor any state tax obligations for your business.
Want someone to handle the New Mexico filing for you?
These services file your New Mexico LLC articles of organization and handle registered agent setup.
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