Business formation

Form your business in New Mexico

Start your LLC, S-Corp, C-Corp, or Nonprofit in New Mexico with a guided, step-by-step workflow tailored to your entity type - and know the state filing fee before you begin.

Start your formation See the service

Forming an LLC in New Mexico costs $50 in state filing fees, which is among the cheapest in the country: 3 of the 51 U.S. jurisdictions charge less, and the national median is $100. A corporation files for $100 and a nonprofit for $25. Below: the fee table, what else you pay in year one, and the questions founders ask before filing here.

New Mexico state filing fees

These are the one-time fees paid to the New Mexico Secretary of State to file your formation document. They are separate from any EazeAccounts service or package fee.

Entity type	State filing fee
LLCArticles of Organization - flexible, pass-through, simple to run.	$50
Corporation (C-Corp / S-Corp)Articles of Incorporation - shares, board, officers. S-Corp is a federal tax election on the same state filing.	$100
NonprofitNonprofit Articles of Incorporation - mission-driven; optional 501(c)(3).	$25

Note: corp $100 min, share-based.

Estimated state filing fees, separate from EazeAccounts service fees. Some states set a minimum that can rise with authorized shares, and expedited or online filing may differ. Fees last verified May 2026; confirm the current amount with the New Mexico Secretary of State before filing.

What an LLC costs every year in New Mexico

Annual report

New Mexico does not require an annual or biennial report from LLCs The LLC must keep a registered agent and registered office on file with the Secretary of State.

State tax on the LLC

New Mexico has no entity-level franchise or privilege tax on an LLC taxed as a partnership or disregarded entity. Businesses with taxable activity register with the Taxation and Revenue Department and pay gross receipts tax on what they sell, usually passed on to customers. The state portion is 4.875 percent and county and city rates are added, so the total depends on location. Out-of-state sellers owe it once their New Mexico taxable receipts reach $100,000 in the prior year.

How long New Mexico takes

All filings are online. Processing has recently run about two weeks behind, and no paid expedite is offered.

What is different about New Mexico

• There is no recurring state report or fee to keep an LLC in existence.
• The Secretary of State no longer accepts paper business filings.
• Gross receipts tax applies to most services as well as goods, so it reaches further than a typical sales tax.

Guide reviewed September 2026 against the New Mexico Secretary of State and the tax authority. Confirm current figures before filing.

What else you pay in year one

Registered agent. Free if you serve as your own agent at a New Mexico street address; a service charges an annual fee if you would rather keep your address off the public record.
EIN. Free from the IRS. Anyone charging for an EIN alone is charging for the form.
Annual report or franchise tax. Most states ask for a yearly report and some charge a fee or tax with it; the amount and deadline are set by New Mexico. Check the Secretary of State page before you file so the first renewal is not a surprise.
Licences and permits. City and county rules depend on what the business does, not on the entity type.

Not sure whether an LLC or a corporation fits? The entity cost calculator compares the two over three years, and the guide to LLC vs C-Corp covers the tax and investor side.

Questions founders ask about New Mexico

Does a New Mexico LLC have to file an annual report?: No. New Mexico has no annual or biennial report requirement for LLCs.
How much does an LLC cost per year in New Mexico?: There is no state annual fee. Ongoing costs are a registered agent, if you use a service, and any gross receipts tax owed on business activity.
What is the gross receipts tax rate in New Mexico?: The state portion is 4.875 percent, and local rates are added, so the combined rate depends on where the business activity takes place.
How much does it cost to start an LLC in New Mexico?: The New Mexico state filing fee for an LLC is $50, paid once when you file the formation document. That is among the cheapest in the country: 3 of 51 jurisdictions charge less, and the national median is $100. Registered agent service, expedited processing and any EazeAccounts package are separate.
Do I need a registered agent in New Mexico?: Yes. Every state requires an LLC or corporation to name a registered agent with a physical street address in New Mexico who is available during business hours to receive legal and official mail. You can be your own agent if you live in the state, or use a service.
What is the difference between the state fee and the EazeAccounts fee?: The state fee goes to the New Mexico Secretary of State and is the same whoever files for you. The EazeAccounts formation package covers preparing and filing the documents, the EIN, the operating agreement or bylaws, and setting your books up from day one. You always see both amounts before you pay.
Is the state filing fee refundable if my filing is rejected?: Generally no. States keep the fee even when a filing is rejected for a name conflict or a missing detail, which is why the name check and document review happen before anything is submitted.

Next step

Start your New Mexico formation What the formation service includes See the books set up live

Comparing states? New Hampshire, New Jersey, New York, North Carolina, or see filing fees in every state.

Ready to form in New Mexico? Begin the step-by-step formation workflow.

New Mexico state filing fees

These are the one-time fees paid to the New Mexico Secretary of State to file your formation document. They are separate from any EazeAccounts service or package fee.

Entity type	State filing fee
LLCArticles of Organization - flexible, pass-through, simple to run.	$50
Corporation (C-Corp / S-Corp)Articles of Incorporation - shares, board, officers. S-Corp is a federal tax election on the same state filing.	$100
NonprofitNonprofit Articles of Incorporation - mission-driven; optional 501(c)(3).	$25

Note: corp $100 min, share-based.

What an LLC costs every year in New Mexico

Annual report

New Mexico does not require an annual or biennial report from LLCs The LLC must keep a registered agent and registered office on file with the Secretary of State.

State tax on the LLC

How long New Mexico takes

All filings are online. Processing has recently run about two weeks behind, and no paid expedite is offered.

What is different about New Mexico

• There is no recurring state report or fee to keep an LLC in existence.

• The Secretary of State no longer accepts paper business filings.

• Gross receipts tax applies to most services as well as goods, so it reaches further than a typical sales tax.

Guide reviewed September 2026 against the New Mexico Secretary of State and the tax authority. Confirm current figures before filing.

What else you pay in year one

Registered agent. Free if you serve as your own agent at a New Mexico street address; a service charges an annual fee if you would rather keep your address off the public record.

EIN. Free from the IRS. Anyone charging for an EIN alone is charging for the form.

Annual report or franchise tax. Most states ask for a yearly report and some charge a fee or tax with it; the amount and deadline are set by New Mexico. Check the Secretary of State page before you file so the first renewal is not a surprise.

Licences and permits. City and county rules depend on what the business does, not on the entity type.

Not sure whether an LLC or a corporation fits? The entity cost calculator compares the two over three years, and the guide to LLC vs C-Corp covers the tax and investor side.

Questions founders ask about New Mexico

Does a New Mexico LLC have to file an annual report?

No. New Mexico has no annual or biennial report requirement for LLCs.

How much does an LLC cost per year in New Mexico?

There is no state annual fee. Ongoing costs are a registered agent, if you use a service, and any gross receipts tax owed on business activity.

What is the gross receipts tax rate in New Mexico?

The state portion is 4.875 percent, and local rates are added, so the combined rate depends on where the business activity takes place.

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

The New Mexico state filing fee for an LLC is $50, paid once when you file the formation document. That is among the cheapest in the country: 3 of 51 jurisdictions charge less, and the national median is $100. Registered agent service, expedited processing and any EazeAccounts package are separate.

Do I need a registered agent in New Mexico?

Yes. Every state requires an LLC or corporation to name a registered agent with a physical street address in New Mexico who is available during business hours to receive legal and official mail. You can be your own agent if you live in the state, or use a service.

What is the difference between the state fee and the EazeAccounts fee?

The state fee goes to the New Mexico Secretary of State and is the same whoever files for you. The EazeAccounts formation package covers preparing and filing the documents, the EIN, the operating agreement or bylaws, and setting your books up from day one. You always see both amounts before you pay.

Is the state filing fee refundable if my filing is rejected?

Generally no. States keep the fee even when a filing is rejected for a name conflict or a missing detail, which is why the name check and document review happen before anything is submitted.