Form a Business in New Mexico
Filing fees, deadlines, registered agent rules, and tax structure for New Mexico, verified against the New Mexico Secretary of State Maggie Toulouse Oliver, Business Services Division on Jun 11, 2026.
New Mexico at a glance
What makes New Mexico different
- NM LLCs have NO ANNUAL REPORT REQUIREMENT one of only ~5 states (alongside MO default, OH, AZ for LLCs, AL). No annual fees at SOS for LLCs at all.
- LLC formation $50 flat. One of lowest US.
- CORP BIENNIAL REPORT required $25 every other year. Corps DO file (LLCs don't).
- PERSONAL INCOME TAX progressive 5-bracket: 1.7% / 3.2% / 4.7% / 4.9% / 5.9% top
- CORP INCOME TAX 5.9% flat (recently simplified from graduated structure in 2025).
- GROSS RECEIPTS TAX (GRT). NOT a sales tax State base 4.875% (Jul 2025-Jun 2026) + local = 5.25-9.44% combined. Applies to services + B2B (similar to HI GET).
- Series LLC NOT permitted in New Mexico.
- No publication requirement.
New Mexico tax structure
Personal income tax up to 5.9%, corporate tax 5.9%.
For detailed tax planning, see the New Mexico Secretary of State Maggie Toulouse Oliver, Business Services Division and the New Mexico Department of Revenue. File.Business is not a tax preparer, consult a CPA for personalized advice.
Ready to file in New Mexico?
We handle Articles of Organization, registered agent service, annual report monitoring, and ongoing compliance, backed by our canonical New Mexico ruleset (re-verified quarterly against New Mexico Secretary of State Maggie Toulouse Oliver, Business Services Division).
Filing portal: https://enterprise.sos.nm.gov/
At a glance
- What is it
- Form a business in new mexico is a regulated business process governed by federal or state agencies. File.Business handles the paperwork, filings, and tracking for you.
- Why it matters
- Doing this correctly the first time avoids penalties, late fees, and personal liability exposure for owners.
- Who needs it
- Any US business that has triggered the relevant requirement - usually based on entity type, state, or business activity.
- When it is due
- Deadlines vary by agency and state. We track your specific dates and remind you ahead of any filing window.
- How it works
- Tell us what you need, review the prepared filing, and we submit through the agency's official channel.
- What it costs
- Pricing is shown on this page with state and federal fees disclosed separately from our service fee.
- Risks of skipping
- Penalties, administrative dissolution, loss of liability shield, blocked transactions, or audit triggers depending on the filing.
- Alternatives
- File directly with the agency yourself, hire a law firm, or use a competing service. File.Business is the fastest premium option.