New Mexico LLC cost
Forming an LLC in New Mexico costs $50 in state fees in year one, then no recurring state fees for most small businesses.
Forming a New Mexico LLC
You file Articles of Organization with the New Mexico Secretary of State, Corporations/Business Services Division. The state fee is $50. See the official fee.
File it yourself with the state →
Every year after
New Mexico doesn't require a recurring report for a limited liability company — New Mexico LLCs do not file annual or biennial reports.
Worth knowing
- LLC formation costs $50, and New Mexico LLCs file no annual or biennial report.
- Corporations file a $25 first report within 30 days of incorporating, then a $25 biennial report; late reports carry a $200 penalty.
- Every corporation, and every LLC taxed as one, owes a $50 annual franchise tax to the Taxation and Revenue Department.
- Nonprofits pay $25 to incorporate and file a $10 annual report.
Registered agent
New Mexico requires a registered agent. A registered agent with a New Mexico physical address is required for LLCs and corporations. You can serve as your own agent if you have a qualifying address; paid services usually charge a yearly fee.
| Other filings | State fee | Notes |
|---|---|---|
| Name reservation | $20 | |
| DBA / assumed name (none) | — | No state-level DBA or assumed name registration was confirmed; LLCs and corporations operate under their registered names |
| Expedited processing | — | Not offered |
| Foreign LLC registration | $100 | Application for Registration of Foreign LLC |
Fees last checked 2026-10-20 against New Mexico Secretary of State, Corporations/Business Services Division. States change fees — confirm on the linked page before you file.
Thinking about forming somewhere else?
If you operate in New Mexico, an out-of-state LLC also has to register here as a foreign entity. See both costs side by side: