Last updated October 31, 2020

Deal alert! Our favorite company, Northwest, is forming LLCs for $39 (60% off!) See details.

How to Form an LLC in New Mexico

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.

Detailed Lessons:

 

New Mexico LLC costs:
LLC formation: $50 (one-time fee)
Annual report: None

Need help?
Hire a company to form your New Mexico LLC:
Northwest ($39 + state fee) or LegalZoom ($149 + state fee)

★ Check out Northwest vs LegalZoom

Here is a quick overview on starting an LLC in New Mexico

How to Form an LLC in New MexicoA 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).

Forming an LLC in New Mexico is simple. Search your New Mexico LLC name in the state database and select your Registered Agent.

File your Articles of Organization with the New Mexico Secretary of State and wait for your LLC to be approved.

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.

After your New Mexico LLC is approved, complete your Operating Agreement and get your Federal Tax ID Number (aka EIN) from the IRS.

And, unlike most states which require LLCs to file an Annual Report, New Mexico doesn’t have an Annual Report!

We’ve created a free course that will walk you through forming your New Mexico LLC, step-by-step.

You can find the detailed lessons linked at the top of this page.

Need to save time? Hire a professional to form your LLC in New Mexico:
Northwest ($39 + state fee) or LegalZoom ($149 + state fee)

(check out Northwest vs LegalZoom)

Matt Horwitz
Founder & Educator, LLC University®
Forming an LLC shouldn't be so complicated. Our step-by-step guide will make the process a breeze – and no complex legal jargon! LLC University® teaches people how to form an LLC for free in all 50 states. We hope you find our free guides and resources helpful in your business journey.
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