New Mexico

New Mexico has no annual report

New Mexico does not require a periodic or annual report for a standard LLC. There is no recurring filing to miss and no report fee to budget for.

You still have obligations. Not applicable in year one absent an annual-report requirement. 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.

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Where these figures come from

We publish a number only when we can point at the page that sets it. These are those pages — the statute and the agency, not someone else's article.

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Other deadlines worth knowing about

Deadlines are where an LLC quietly dies — miss enough of them and the state dissolves it administratively. If you file in more than one state, these are the ones to put in the calendar next.

Check another state