Form Your New Mexico LLC
State filing fee: $50 • Processing: 7-10 business days
Start Your New Mexico LLC in the Land of Enchantment
New Mexico offers entrepreneurs affordable LLC formation with no annual fees and a strategic southwestern location. With growing technology sectors, energy resources, and unique cultural advantages, New Mexico provides opportunities for diverse business ventures.
Compare Top 5 LLC Formation Services
| Service | Price | Processing Time | Registered Agent |
|---|---|---|---|
ZenBusiness Best Overall Value | $0 + state fees | 7-10 days Expedited: 1 day | $199/yr |
Bizee Fastest Formation | $0 + state fees | 3 weeks Expedited: 1 day | Free Year 1 Then $119/yr |
Inc Authority Free Formation | $0 + state fees | 7-10 days Expedited: 2 days | Free Year 1 Then $119/yr |
LegalZoom Best for Legal Support | $0 + state fees | 5-14 days Expedited: 1 day | $249/yr |
Rocket Lawyer Legal Documents | $99.99 + state fees | 5-7 days Expedited: Not available | $149/yr |
Top 3 Recommended Services for New Mexico
ZenBusiness
Entrepreneurs who want comprehensive support and compliance tools at an affordable price
ZenBusiness stands out as our top pick for LLC formation services thanks to its unbeatable combination of value, features, and support. With formation starting at $0 plus state fees, you can rest easy with their worry-free compliance service, award-winning customer support, and 100% accuracy guarantee. The Pro and Premium packages add even more value with 1-day processing, an employer ID number, operating agreement, and services to get your business online like domain name registration, AI business website builder, and more.
Pros:
- ✓ Starter package is $0 plus state fees
- ✓ Registered agent and compliance services
- ✓ Free worry-free compliance for 1 year
- ✓ Fast 1-day processing time available
- ✓ 100% accuracy guarantee
- ✓ Award-winning customer support
Cons:
- ✗ Some features require upgraded plans
- ✗ More expensive Registered Agent service
Bizee
Budget-conscious startups needing fast formation
Bizee (formerly Incfile) offers lightning-fast LLC formation with their $0 package. They're perfect for entrepreneurs who need to form their LLC quickly and affordably. With same-day processing in many states and a year of free registered agent service, Bizee provides exceptional value for basic LLC formation needs.
Pros:
- ✓ $0 basic formation package
- ✓ Same-day processing available
- ✓ Free registered agent for first year
- ✓ Compliance alerts included
- ✓ Dashboard for document management
- ✓ Free business tools and templates
Cons:
- ✗ Operating agreement not included in basic package
- ✗ Limited customer support hours
Tailor Brands
Creative businesses wanting formation plus branding
Tailor Brands combines LLC formation with comprehensive branding tools. Their unique approach includes AI-powered logo design, website creation, and marketing materials. Perfect for creative entrepreneurs who want to establish their brand identity alongside their legal structure.
Pros:
- ✓ Includes logo design and branding
- ✓ Website builder included
- ✓ Business card designs
- ✓ Mobile app available
- ✓ Operating agreement included
- ✓ EIN service included
Cons:
- ✗ No rush processing available
- ✗ Monthly subscription required
- ✗ Customer service via chat/email only
New Mexico LLC Formation Costs
New Mexico LLC Cost Breakdown
Additional Costs to Consider:
- • Formation service fees: $0 - $299 (depending on provider)
- • Registered agent service: $99 - $299/year
- • EIN from IRS: Free (or $99+ if using a service)
Frequently Asked Questions
The New Mexico LLC formation fee is just $50 when filed with the Public Regulation Commission. New Mexico is particularly attractive because it requires no annual reports or annual fees for LLCs, making it very cost-effective for long-term business operations. This combination of low filing fees and no ongoing state fees makes New Mexico one of the most affordable states for LLC formation and maintenance.
Standard processing time for New Mexico LLC formation is 7-10 business days when filed online through the New Mexico Public Regulation Commission. Paper filings typically take 10-15 business days. New Mexico does not offer expedited processing services directly through the state, but the reasonable standard processing times make expedited service less critical.
Yes, New Mexico requires all LLCs to maintain a registered agent with a New Mexico street address. The registered agent must be available during normal business hours to receive legal documents and official state correspondence. You can serve as your own registered agent if you have a New Mexico address, or hire a professional service for privacy and reliability.
- No annual reports or fees required
- Maintain a registered agent at all times
- No franchise tax for LLCs
- Keep basic company records and operating agreement
- File federal tax returns as required by the IRS
New Mexico attracts businesses with its combination of low costs, no annual fees, and strategic southwestern location. The state offers unique advantages including proximity to Mexico for international trade, a growing film industry with tax incentives, and emerging technology sectors. New Mexico also provides access to diverse markets across the Southwest.
- Low $50 filing fee with no annual fees
- No annual reports or ongoing state requirements
- Strategic location for Southwest and Mexico trade
- Growing film and entertainment industry with tax credits
- Emerging technology and renewable energy sectors
- Cultural diversity providing unique business opportunities
- Lower cost of living and operational expenses
New Mexico doesn't legally require LLCs to have an operating agreement, but it's strongly recommended. An operating agreement defines ownership structure, management responsibilities, and operational procedures. Without one, New Mexico's default LLC statutes will govern your business, which may not align with your specific needs. Banks typically require an operating agreement for business account setup.
- Technology and research (Los Alamos, Sandia National Labs)
- Film and entertainment production
- Energy production (oil, natural gas, solar, wind)
- Aerospace and defense
- Mining and minerals extraction
- Agriculture and ranching
- Tourism and hospitality
- Arts and crafts
Ready to Start Your New Mexico LLC?
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