How to Form an LLC in New Mexico (2026 Guide)
Everything you need to form a New Mexico LLC: state filing fee ($50), processing time (1-3 business days), annual compliance, taxes, and the exact 7-step process. Reviewed by IRS Enrolled Agents.
To form an LLC in New Mexico, file the Articles of Organization with the New Mexico Secretary of State (fee: $50), appoint a registered agent with a New Mexico street address, obtain an EIN from the IRS, and adopt an operating agreement. Standard processing takes 1-3 business days. New Mexico has no annual report requirement. With Gullia Filing, total first-year cost is $199 (all-inclusive: state fee, registered agent, EIN, operating agreement).
New Mexico LLC Cost Breakdown
Total transparent pricing for forming and maintaining a New Mexico LLC. No surprise upsells, no hidden fees.
| Item | Cost | Notes |
|---|---|---|
| New Mexico SoS filing fee | $50 | One-time, paid to the state |
| Registered agent (year 1) | Included | Included free in every Gullia package |
| EIN (Federal Tax ID) | Included | Filed with the IRS, no extra charge |
| Operating agreement | Included | Attorney-reviewed, state-compliant |
| Gullia Filing Starter service fee | $149 | Flat fee, no upsells |
| Total first-year cost | $199 | All-inclusive, no surprises |
The 7-Step New Mexico LLC Formation Process
Every New Mexico LLC follows the same core process. Here is exactly what happens, in order, and what Gullia Filing handles on your behalf.
Choose a New Mexico LLC name
Pick a name that includes "LLC", "L.L.C.", or "Limited Liability Company" and is distinguishable from existing New Mexico entities. Our free name check tool verifies availability against the New Mexico Secretary of State database in seconds.
Appoint a New Mexico registered agent
New Mexico requires a registered agent with a physical street address in the state to receive legal and tax notices. Gullia Filing provides this service in every package, protecting your privacy and ensuring you never miss a critical filing.
File the Articles of Organization
Submit formation paperwork to the New Mexico Secretary of State with a $50 filing fee. The state does not offer expedited processing. We handle the filing electronically and forward your certified copy within 1-3 business days.
Obtain your EIN (Federal Tax ID)
Apply to the IRS for an Employer Identification Number, required to open a US business bank account, hire employees, and file federal taxes. Included free in every Gullia Filing package.
Draft an operating agreement
An operating agreement establishes member rights, profit distributions, management structure, and dispute resolution. Even single-member LLCs benefit from having one on file for bank account opening and to reinforce the corporate veil. We provide a state-compliant, attorney-reviewed template in every package.
Register for New Mexico taxes and licenses
Register with the New Mexico Department of Revenue for state tax IDs, sales tax permits if applicable, and any industry-specific licenses. Our compliance calendar tracks every deadline automatically.
Open a US business bank account
With your EIN, Articles of Organization, and operating agreement, you can open a US business bank account. We provide bank-ready document packages and can introduce you to fintech partners that accept remote onboarding.
New Mexico LLC Tax Obligations
State tax summary
Only 4.9% corporate income tax if elected as C-Corp. Pass-through LLCs pay federal only. Gross Receipts Tax (5%+) applies on NM-sourced sales.
Franchise tax: No franchise tax. No annual report.
Federal tax defaults
A single-member New Mexico LLC is treated as a disregarded entity federally (income flows to Schedule C or E of the owner's Form 1040). A multi-member LLC defaults to partnership taxation (Form 1065). You may elect S-Corp status (Form 2553) or C-Corp status (Form 8832) if it reduces overall tax.
See tax and accounting servicesWhy form your LLC in New Mexico
- Zero recurring state costs — no annual report, no franchise tax, no annual list. Just the $50 one-time filing.
- Anonymous LLC — members and managers are not disclosed on any public filing.
- Cheapest total cost of ownership of any US LLC.
Things to watch for in New Mexico
- Gross Receipts Tax applies to all sales sourced to New Mexico, including services — registration required if you have NM nexus.
- Banking a New Mexico anonymous LLC can require additional beneficial-owner disclosures under FinCEN CTA rules.
Top industries for New Mexico LLCs
Gullia Filing vs Alternatives (New Mexico)
The state filing fee is the same everywhere. What differs is the service fee, what is included, and how transparent the pricing is.
| Provider | Base service fee | Registered agent Y1 | EIN included | Operating agreement | Total first year |
|---|---|---|---|---|---|
| Gullia Filing (Starter) | $149 | Included | Yes (free) | Yes (attorney-reviewed) | $199 |
| DIY (file yourself) | $0 | $50-150 or self | Self (free) | No (buy separately) | $50+ |
| Bizee (Silver) | $0 + upsells | Free Y1, $119/yr after | Upsell ($70) | Upsell ($99) | $219+ |
| LegalZoom (Basic) | $249 | Upsell ($299/yr) | Upsell ($79) | Upsell ($99) | $776+ |
| Northwest RA | $39 | $125/yr | Upsell ($200) | Yes (template) | $414+ |
| ZenBusiness (Starter) | $0 + $199/yr | Free Y1, $199/yr after | Upsell ($99) | Upsell ($99) | $249+ |
Comparison based on publicly available pricing as of 2026. State filing fee ($50) is paid to New Mexico and identical across providers. Verify current pricing directly with each provider before purchasing.
Frequently Asked Questions
The most common questions about forming an LLC in New Mexico, answered by our Enrolled Agents.
Compare New Mexico to nearby states
Ready to form your New Mexico LLC?
Flat $149 service fee. State fee $50 paid directly to New Mexico. EIN, registered agent, and operating agreement included. No upsells, no surprises.