Incorporate in New Mexico (NM)
Learn the basic facts about New Mexico corporations and New Mexico limited liability companies (LLCs). Compare the differences between New Mexico corporations and New Mexico LLCs and learn about New Mexico rules and regulations that relate to forming a corporation or LLC.
Forming a New Mexico Corporation or Limited Liability Company (LLC)
There are a number of business entity types to consider when you are deciding the structure of your New Mexico business. The most advantageous entities to form in New Mexico are typically corporations or LLCs. Although other entity options are possible, these are the entities that offer the highest level of liability protection in New Mexico. As you review the characteristics of incorporating or forming an LLC in New Mexico, be sure to keep in mind both the present and future needs of your business. Often, when you start a business it begins as a small organization.
Get Started
If you decide that a New Mexico corporation or LLC is the best option for your business, BizFilings will form your company in New Mexico, faster than anyone else, without costly legal fees. Our cost-saving offerings include:
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$115 + State Fees |
$250 + State Fees |
$350 + State Fees |
- Preparation and Filing of Formation Documents
- Preliminary Name Check with State
- Free Registered Agent Service for 6 months
- BizComply Online Compliance Tool
- 24/7 Access to Online Corporate Status Center
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- Everything included with the Basic Package
- Expedited Processing Service
- Corporate Kit & Seal
- Corporate Forms CD
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- Everything included with the Standard Package
- Tax ID (EIN) Number Obtainment
- Compliance DVD
- Certified Copy of State Filed Documents
- Overnight Shipping
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State Fees Apply
Each state charges filing fees that apply separately from BizFilings' package pricing. These fees will be reflected when you generate a Fast Quote using any of the links above. You can also view our list of fees by state.
Incorporating in New Mexico
New Mexico Corporate Name Endings
New Mexico Corporation Requirements
New Mexico Corporate Taxes and Fees
New Mexico Business License Requirements
New Mexico Corporate Name Endings
The name must contain the word "Corporation," "Incorporation," "Company," "Limited," or an abbreviation thereof. The name must not be the same as, or confusingly similar to, a name of any domestic or foreign corporation, or a name reserved by or registered by another corporation, unless written permission of other corporation is obtained. The name must not imply a purpose other than that contained in the charter.
New Mexico Corporation Requirements
Director Information
Minimum Number: One or more.
Residence Requirements: No provision.
Age Requirements: None.
Directors are required to be listed in the articles of incorporation.
Officer Information
Officers are not required to be listed in the articles of incorporation.
Stock Information
An increase in shares may cause an increase in initial filing fees.
Corporate Records
The stock transfer ledger must be kept in the principal corporate office.
Taxes and Fees
Annual Statements
The requirements for annual statements, reports and fees vary by state. BizFilings created BizComply - an online compliance management tool that provides customers with helpful information about requirements imposed by their state of formation or, if applicable, their state of foreign qualification. BizComply is included at no charge when you select BizFilings as your registered agent when ordering one of our formation services. It is also included in registered agent only or change of agent services, or it can be purchased as a stand-alone product for $50/year.
Taxes
For more information on taxes, visit www.state.nm.us/tax.
S Corporation
S Corporation status is recognized by the State of New Mexico. A separate state election from the federal election is not required.
License Requirements
New Mexico requires most businesses to obtain a license and pay a fee if operating in the state. Please check with the state to make sure your business is complying with the license requirements for your particular profession.
Form a Limited Liability Company (LLC) in New Mexico
New Mexico LLC Name Endings
New Mexico LLC Requirements
New Mexico LLC Taxes and Fees
New Mexico Business License Requirements
LLC Name Endings
The name of a LLC must end with "Limited Liability Company," "Limited Company," "Ltd. Co.," "LC," "LLC," or "L.L.C."
New Mexico LLC Requirements
Member/Manager Information
Minimum Number: one or more
Residence Requirements: no provision
Age Requirements: no provision
Members and managers are not required to be listed on the articles of organization.
New Mexico Taxes and Fees
Annual Statements
The requirements for annual statements, reports and fees vary by state. BizFilings created BizComply - an online compliance management tool that provides customers with helpful information about requirements imposed by their state of formation or, if applicable, their state of foreign qualification. BizComply is included at no charge when you select BizFilings as your registered agent when ordering one of our formation services. It is also included in registered agent only or change of agent services, or it can be purchased as a stand-alone product for $50/year.
Taxes
For more information on taxes, visit www.state.nm.us/tax.
License Requirements
New Mexico requires most businesses to obtain a license and pay a fee if operating in the state. Please check with the state to make sure your business is complying with the license requirements for your particular profession.
Registered Agents in New Mexico
New Mexico corporations and LLCs are required to have a registered agent located in New Mexico. The New Mexico registered agent is responsible for receiving important legal and tax documents including service of process (litigation) documents, franchise tax forms, and annual report forms.
A New Mexico registered agent is an individual or company located at a street address in New Mexico. Post office boxes are not acceptable addresses for a registered agent in New Mexico.
If a company, such as BizFilings, is acting as your registered agent they must be registered as a corporation in New Mexico. There are a number of advantages to using a registered agent service provider in New Mexico, but the advantages differ between large and small companies.
Large companies in New Mexico benefit by having service of process and state documents send to their registered agent's office in New Mexico. The registered agent follows delivery instructions to ensure that important documents reach the correct individual. Smaller companies in New Mexico benefit by providing a consistent New Mexico address.
Another advantage to using another company as your New Mexico registered agent is that the information of your New Mexico registered agent is public record.
Learn how to select BizFilings as your registered agent in New Mexico.
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