New Mexico Incorporation - Incorporate in New Mexico

Incorporate New Mexico

Instructions on New Mexico Incorporating

What will it cost to incorporate in New Mexico?

The cost in state fees to incorporate in New Mexico is a minimum of $100.00 (fee is based on $1.00 for each 1,000 shares of the total amount of authorized shares, but in no case will the filing fee be more than $1,000.00).

What are the costs involved in forming a New Mexico LLC?

$50.00 State filing fee for a New Mexico LLC.

How long will it take to get my New Mexico Incorporation or New Mexico LLC processed?

The State of New Mexico Public Regulation Commission will take up to 2 months to process your application unless you pay an extra $200.00 and then they will process in 48 hours.

When we Incorporate your business in New Mexico, our New Mexico incorporation service includes:

Drafting custom articles for an LLC or Corporation.
The incorporator initial resolution, or Organizer if New Mexico LLC.
Ratified corporate bylaws, or operating agreement if New Mexico LLC.
The New Mexico State incorporation filing fees.
Registered/resident agent service for New Mexico.
Our fees are: $100.00 New Mexico Incorporation service and $125.00 New Mexico registered agent incorporation service.

All for a total of only $275.00 for a New Mexico LLC or a minimum of $325.00 for a New Mexico Corporation.

A couple A la Carte options are choosing to pay expedite fees (plus our fees to walk in the filing) to have your New Mexico business done within 24 hours for $350, within 48 hours for $450 or within 5 business days for $150, and a federal tax ID number for another $50.00.

No weird packages and we're not some big National incorporation website that needs to bust out your filing just to keep their sales numbers up. We actually care about incorporating your New Mexico business right the first time. We pay taxes in New Mexico and operate in New Mexico. Shouldn't a website you trust with the important step of helping you incorporate in New Mexico know what it's like to actually do business in New Mexico?

What am I going to be looking at for ongoing fees to New Mexico?

LLCs have no reports due.

New Mexico profit corporations have an initial report due that will get mailed back to you with the completed initial filing. These are due within 30 days.

There are biennial reports due on the 15th day of the 3rd month after fiscal close, or March 15th for 99% of businesses. The filing fee is $25.00. The biennial reports are due even years if the last digit of your New Mexico corporation filing number is even. They are due odd years, if the last digit is odd. You will want do a name search for yourself the first time to be sure you file by the due date. You'll see your SCC number (your corporation number) and then about 6 lines down, it will show you your good standing through date.

What are the New Mexico business taxes?

The New Mexico Corporate net income tax rates are:

$0-500,000.00	4.8%
$500,000.00- 1 million	6.4%
$1 million +	7.6%

There is a minimum franchise tax due of $50.00.

The New Mexico personal net income tax rates are:

$0-5,500.00	1.7%
$5,500.00-11,000.00	3.2%
$11,000.00-16,000.00	4.7%
$16,000.00 +	4.9%

The average New Mexico sales tax rate is 6.4%. The State has a 5% tax, but the average local tax is 1.4% making a total of 6.4%.

Northwest Registered Agent, Inc.
Agent# 4054359
Santa Fe, NM 87505
Santa Fe County