New Mexico LLC Tax

Registered Agent
Northwest Registered Agent

Will I have to pay taxes to New Mexico for money made?

If you do not derive money from New Mexico and are not a New Mexico resident, you won't have nexus in New Mexico and owe New Mexico income tax. (Disclaimer!! We're not tax people and this should be taken generally and not specific to your situation.)

New Mexico does have a personal income tax of 4.9% on net taxable income over $12,000. But this is only if you lived in New Mexico. You'll pay local income tax to wherever you live. Not New Mexico. Establishing a holding company or anonymous LLC in New Mexico does not create nexus just for forming a company. You or your company would actually have to live or make money there to pay tax to NM.

Article 2, Section 7-2-1 of the general income tax provisions discusses who pays income tax in New Mexico. The general link to all the New Mexico taxation laws is here: New Mexico Statutes.

MORE INFORMATION ABOUT AN ASSET PROTECTION NEW MEXICO LLC & ANONYMOUS LLC:


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