How much does it cost to form an LLC in New Mexico?

$50 to file, and $50 across the whole first year once required reports and minimum state taxes are included. (HelpCompare is in development and this figure may not yet be fully verified — confirm against the state agency before relying on it.)

Does New Mexico require an annual report for an LLC?

No. New Mexico does not require a periodic or annual report for a standard LLC. (HelpCompare is in development and this figure may not yet be fully verified — confirm against the state agency before relying on it.)

What happens if I file late in New Mexico?

New Mexico has not published a specific late fee we could verify. Not applicable in year one absent an annual-report requirement. (HelpCompare is in development and this figure may not yet be fully verified — confirm against the state agency before relying on it.)

New Mexico · Limited liability company

What an LLC costs in New Mexico

$50 in your first year. That's $50 to file with New Mexico Secretary of State, Business Services Division — and nothing recurring, because this state requires no annual report.

First-year breakdown

State filing fee $50 One-time, paid when you form the LLC
Total, first year $50

Don't file on this alone. We're still verifying figures state by state. Open the source link below and confirm before you pay anything or rely on a deadline.

Verified Checked 10 Sep 2026 Source: law.justia.com All sources

Keeping it alive

Ongoing filings

New Mexico requires no annual or periodic report for a standard LLC. Not applicable in year one absent an annual-report requirement.

State tax: New Mexico's $50/year corporate franchise tax (form CIT-1) applies ONLY to an LLC that has elected corporate tax treatment. A default pass-through LLC owes no state franchise tax, though it remains subject to NM gross receipts tax on business activity.

What we're less sure about

Caveats on this page

STATUTE-CONFIRMED (10 Sep 2026). NMSA 1978 53-19-63: 'for filing the original articles of organization and issuing a certificate of organization, fifty dollars ($50.00).' A full inventory of NMSA Chapter 53 Article 19 (53-19-1 through 53-19-74) contains no annual report requirement for LLCs.
No annual report requirement inferred from absence of any such section in the NM LLC Act (Ch. 53, Art. 19) plus unanimous secondary agreement - not an explicit official statement.

Ready to file?

You can file directly with New Mexico Secretary of State, Business Services Division yourself — that's always the cheapest route, and we link to the form above. If you'd rather someone handle the paperwork and act as your registered agent, we compare the services that do it.

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