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.
- Very Low Costs
- Privacy Protection
- Pass-Through Taxation
- Asset Protection
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 $September 7, 2025 to ensure accuracy.
Information Sources:
Recommended Agents for New Mexico
Northwest
(4.2)
$39+ State Fee
- LLC formation
- Registered Agent service for the first year
Bizee
(4.6)
$0+ State Fee
- Free 1st Year Registered Agent Service
- Articles of Incorporation
Inc Authority, LLC
(4.9)
$0+ State Fee
- Business Name Check
- Preparation & Filing of Formation Documents
Explore Similar States
Our Commitment to Data Accuracy
Data on this page is manually collected and verified quarterly to ensure accuracy.See our full methodology.