New Mexico LLC Formation

Start an LLC in New Mexico: $50 State Fee, No Annual Report

New Mexico is one of the most underrated LLC states in the US. At just $50 to form and zero ongoing annual report fees, it has one of the lowest total cost structures of any state. New Mexico also offers strong privacy protections: member names are not required in the public Articles of Organization: making it a popular choice for anonymous LLC formation. No publication requirement. No annual report. Just $50 once. Brendat handles your Articles of Organization, EIN, registered agent, and all compliance.

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Step-by-step guide

How to Form an LLC in New Mexico

Five simple steps. $50 to form. No annual report. No publication. One of the easiest and most affordable LLC formations in the US.

Choose a Name for Your New Mexico LLC

Your New Mexico LLC name must be unique among all businesses registered with the New Mexico Secretary of State and must include a required designator.

New Mexico Naming Rules:

Must include: "Limited Liability Company," "LLC," or "L.L.C."
Cannot use: Words implying a government agency (e.g., "FBI," "State Department")
Restricted words: "Bank," "Insurance," "University" require additional approval
Must be distinguishable: From all existing New Mexico business names in the SOS database

Name Search Available Free

The New Mexico SOS provides a free online business name search tool. Brendat checks name availability before filing your Articles of Organization.

Appoint a New Mexico Registered Agent

Every New Mexico LLC must designate a registered agent with a physical New Mexico street address to receive legal documents and official state notices during regular business hours.

Who can be your registered agent?

Yourself: Must have a physical New Mexico address and be available during business hours
A trusted individual: Any New Mexico resident with a physical address
A professional service: Like Brendat: keeps your personal address off public records

Privacy tip: Use Brendat as your registered agent

New Mexico does not require member names in the Articles of Organization. Combined with a professional registered agent, your LLC can be formed with maximum privacy. Included in Standard and Professional packages.

File Articles of Organization With the New Mexico Secretary of State

The Articles of Organization officially creates your New Mexico LLC. You file it with the NM Secretary of State online or by mail.

Method	Fee	Processing Time
Online via NM SOS portal	$50	3–5 business days
By Mail	$100	4–6 weeks

No publication requirement in New Mexico

New Mexico does not require LLCs to publish a formation notice in any newspaper. No extra steps, no extra costs.

No annual report ever

Once your New Mexico LLC is formed, you never need to file an annual report. This is one of only a handful of states with this advantage.

Create an Operating Agreement

New Mexico does not legally require an operating agreement, but every New Mexico LLC should have one. It establishes ownership, profit sharing, and management rules: and strengthens your liability protection.

Ownership structure: Each member's percentage and capital contribution
Profit distribution: How and when profits are divided
Management: Who makes decisions and how voting works
Member changes: Process for adding or removing members
Dissolution: Steps to close the LLC if needed

Included in Brendat Standard and Professional

Brendat provides a professionally drafted New Mexico operating agreement with your formation documents.

Get Your EIN (Employer Identification Number)

An EIN is your LLC's federal tax ID required to open a business bank account, hire employees, and file federal taxes.

US residents: Apply free online at IRS.gov: instant approval
Non-US residents: Apply by fax using IRS Form SS-4: 4-6 weeks
Brendat handles this: Included in Standard and Professional packages

No annual report to file. No publication to complete. Just maintain your registered agent and keep your business records updated.

Transparent pricing

How Much Does a New Mexico LLC Cost?

$50 to form. Nothing every year after. New Mexico has one of the lowest total LLC cost structures in the entire US.

State Filing Fee

$50

One-time Articles of Organization fee paid to the New Mexico Secretary of State. Paid once, never again.

Annual Report Fee

$0 Forever

New Mexico has no annual report requirement. You never file or pay anything to maintain your LLC year over year.

Publication Cost

No newspaper publication required in New Mexico. Unlike New York, Arizona, or Nebraska: no extra steps needed.

State Income Tax

1.7%–5.9%

Graduated personal income tax. LLC pass-through income taxed on members' personal returns at these rates.

Registered Agent

Included in Brendat Standard and Premium packages. Every NH LLC must maintain a registered agent

Registered Agent

Free from the IRS. Included in Brendat Standard and Professional packages.

Total with Brendat Standard Plan

$149 + $50 state fee

$150 Brendat + $50 NM state fee. Year 2 onward: $0 in state fees. No annual report. Ever.

Choose your plan

New Mexico LLC Formation Packages

All packages include accurate, state-specific filing. No annual report means no ongoing compliance costs.

Basic

Brendat service fee

+ $50 New Mexico state fee

Get Started Free

Articles of Organization filed
Name availability check
Email support
Digital copy of filed documents
Lifetime compliance alerts

Standard

$149

Brendat service fee

+ $50 New Mexico state fee

Start for $150 →

Everything in Basic
EIN / Federal Tax ID
LLC Operating Agreement
Registered Agent (1 year)
Lifetime support
Priority processing

Premium

$299

Brendat service fee

+ $50 New Mexico state fee

Get Premium

Everything in Standard
Expedited filing (3-5 business days)
Google Business Profile setup
Priority phone and email support
Dedicated account manager

State Comparison

New Mexico vs Other Low-Cost LLC States

New Mexico is best if you live or operate there. Here's how it compares to other states popular for low-cost or privacy-focused LLC formation.

Feature	New Mexico	Wyoming	Montana	Colorado
State Filing Fee	$50	$100	$35	$50
Annual Report Fee	None	$60/yr	$15/yr	$10/yr
Publication Required	None	None	None	None
Member Privacy	Strong	Strong	Standard	Standard
State Income Tax	1.7%–5.9%	None	5.9% flat	4.4% flat
5-Year Total Cost*	$50	$340	$95	$90
Best For	NH businesses	ME businesses	Low cost	CO businesses

New Mexico 5-year state cost: just $50 total

No other state matches New Mexico's combination of low formation cost and zero ongoing fees. Wyoming costs $340 over 5 years in state fees alone. New Mexico: just $50 once.

Why choose us

Why 10,000+ Entrepreneurs Choose Brendat

Fast Filing

We submit your Articles of Organization within 1 business day of your order. Standard processing takes 3-5 business days via the NM SOS portal.

Non-Residents Welcome

No citizenship or residency required. We assist international entrepreneurs with the full process including EIN via IRS Form SS-4 and registered agent service.

No Income Tax. No Sales Tax.

New Mexico requires no annual report: no filing, no fee, no deadline to track. Brendat still monitors your LLC's standing and alerts you if anything changes.

100% Accuracy Guarantee

Every filing is reviewed before submission. If the NM SOS rejects your documents due to our error, we fix it at no charge.

Lowest Total Cost in the US

$50 to form. $0 every year after. No state has a lower 5-year total LLC cost than New Mexico. Brendat makes it even easier with transparent, flat-rate pricing.

Real Support

Reach our team at (303) 246-8693 or by email. Plain English answers, no jargon, no runaround.

Our reviews

What Our New Mexico LLC Customers Say

Kevin M.

Albuquerque, NM

"$50 once and nothing after that. I checked multiple states before settling on New Mexico. The math is just undeniable for a bootstrapped operation."

Rachel T.

Santa Fe, NM

"No annual report was the reason I picked New Mexico. Brendat filed everything cleanly. Nothing to do year over year except run the business."

Non-Resident Founder

International

"Formed as a non-resident. Registered agent kept my address private. EIN process through Brendat was straightforward. Approved in 4 days."

Common questions

New Mexico LLC — Frequently Asked Questions

Answers to the most common questions about forming and maintaining an LLC in New Mexico.

Still have questions?

(303) 246-8693

Does New Mexico require an annual report for LLCs?

No. New Mexico is one of only a handful of states with no annual report requirement for LLCs. Once your LLC is formed, you never need to file an annual report or pay any ongoing state maintenance fees. This makes New Mexico one of the lowest total-cost LLC states in the US.

Is New Mexico a good state for an anonymous LLC?

Yes. New Mexico does not require member names to be listed in the Articles of Organization, which are a public document. Combined with a professional registered agent service like Brendat, your name and address can be kept off all public business records. This makes New Mexico one of the most privacy-friendly LLC states alongside Wyoming and Delaware.

How much does it cost to form an LLC in New Mexico?

The New Mexico state filing fee is $50: a one-time cost. Brendat's service starts at $0 (Basic) or $150 (Standard). Total first-year cost with Standard is $200. From year 2 onward, your state cost is $0: no annual report, no renewal fees, nothing.

New Mexico LLC vs Wyoming LLC: which is better?

Both are strong privacy states. New Mexico is cheaper over time: $50 total vs Wyoming's $100 to form + $60/year ($340 over 5 years). Wyoming has stronger asset protection laws and no income tax, which can matter for high-income owners. For most small businesses prioritizing low cost and privacy, New Mexico wins on total 5-year cost. Form in your home state if you operate locally.

Can a non-US resident form a New Mexico LLC?

Yes. No US citizenship or residency is required. Non-residents need a registered agent with a physical New Mexico address: Brendat provides this. For EIN, non-residents apply by fax using IRS Form SS-4. Brendat assists with the complete process including EIN filing.

Does New Mexico require an operating agreement?

No, New Mexico does not legally require an operating agreement. However, every LLC should have one: it defines ownership percentages, profit distribution, management structure, and what happens when a member exits. Without one, New Mexico's default LLC statutes govern your business, which may not reflect your intentions. Brendat's Standard and Professional packages include a drafted operating agreement.

Ready to Start Your New Mexico LLC?

$50 state fee. No annual report. Ever. Brendat handles Articles of Organization, EIN, registered agent, and privacy-first filing in New Mexico.

Form My New Mexico LLC

$149 + $50 NM fee. No annual report. Strong privacy. 100% accuracy guarantee.