How to form an LLC in New Mexico ← you are here
This Quick Start Guide is a brief overview of how to form an LLC in New Mexico.
New Mexico LLC costs:
LLC formation: $50 (one-time fee)
Annual report: None
Starting a New Mexico LLC
A New Mexico Limited Liability Company (LLC) is a legal structure used to protect your personal assets (home, car, bank account) in the event your business is sued.
A New Mexico LLC can be used to operate a business, or an LLC can be used to hold assets (such as real estate, vehicles, boats, or aircraft).
You can file your LLC by mail or online. The state filing fee is $50 in both cases. If you file by mail, your New Mexico LLC will be approved in 15 business days (unless you pay extra). If you file online, your New Mexico LLC will be approved in 1-3 business days.
Note: Filing times may take longer due to the current global situation and government delays. Please see how long does it take to get an LLC in New Mexico.
And, unlike most states which require LLCs to file an Annual Report, New Mexico doesn’t have an Annual Report!