New Mexico LLC: Key Data, Fees & Features
Your complete overview of $New Mexico LLC costs, pros & cons, and key regulations. Make an informed decision with our up-to-date data.
State Filing Fee
$50
Processing Time
2-2 days
Annual Report Fee
$0
Anonymous LLC
Yes
Publication
No
Advantages
- No annual reports required, reducing administrative tasks.
Disadvantages
- DBAs are not regulated by the state, offering less legal protection.
- Gross receipts tax of 5.125% statewide plus local taxes.
Franchise Tax & State Requirements
Not Annual Report Required
New Mexico charges a gross receipts tax of 5.125% statewide, and some local tax districts charge their own gross receipt taxes as well.
Frequently Asked Questions
Transparency & Data Sources
This review was last updated on $August 19, 2025 to ensure accuracy.
