๐Ÿข LLC Cost Calculators New Mexico

New Mexico LLC Cost Calculator

Calculate the total cost to form an LLC in New Mexico. Filing fee: $50. Annual fee: $0. Free New Mexico LLC cost breakdown.

Free โ€” No Sign-up Verified Data Editorially Reviewed Updated
New Mexico Quick Facts
5.9% Income Tax Rate
0.80% Property Tax Rate
$54,020 Median Income
94.6 Cost of Living

How This Calculator Works

Calculation methodology and assumptions

LLC formation costs in New Mexico include the state filing fee ($50), annual report/franchise fees ($0/year), registered agent fees, and optional costs like an operating agreement. EIN registration with the IRS is free. This calculator provides a comprehensive first-year and multi-year cost projection for forming and maintaining an LLC in New Mexico.

Key State Information

New Mexico LLC filing fee: $50. Annual report fee: $0/year. New Mexico has one of the most affordable LLC filing fees. New Mexico does not charge an annual report fee for LLCs.

Standard financial formulas Pre-filled with real state data Estimates only โ€” not financial advice
Data Source
New Mexico Secretary of State
View Original Source | Verified 2024-12-01 | Updated annually

Frequently Asked Questions

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

The state filing fee is $50. Including a registered agent ($0-$125/year) and operating agreement (~$150), expect to pay $200-$325 to form an LLC in New Mexico. Annual ongoing costs are approximately $125/year.

Do I need a registered agent for my New Mexico LLC?

Yes, New Mexico requires every LLC to have a registered agent with a physical address in the state. You can serve as your own agent if you have a New Mexico address, or hire a registered agent service for $100-$300/year.

Does New Mexico require an annual report for LLCs?

New Mexico does not charge an annual report fee for LLCs, though you may still need to file other periodic documents.

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