First LLC Guide › New Mexico
Starting an LLC in New Mexico: what you should know first
Filing a New Mexico LLC costs $50. There is no annual report afterwards. Our pick is Mainstay Filing; $647 covers three years.
By kind of owner
- Side hustle
- Quiet-year cost: $199 in year 2 with Mainstay Filing, no state report.
- Online business
- Required registered agent. The address has to be a street address in New Mexico. P.O. boxes are not accepted.
- Startup
- Filing: Articles of Organization with the New Mexico Secretary of State. Write the operating agreement before you open the bank account.
- First-time owner
- Nothing to file yearly.
Questions
Best LLC formation service in New Mexico for a first-time owner?
Mainstay Filing: $249 in year 1 including the $50 filing fee, $199 in year 2.
Sources
- NMSA 1978, § 53-19-7 (Limited Liability Company Act — Formation) and § 53-19-8 (Articles of organization); filing fee set by NMSA 1978, § 53-19-63(A) (multira state research spine): nmonesource.com/nmos/nmsa/en/4400/1/document.do, checked August 12, 2026
- New Mexico Secretary of State, Corporations and Business Services Division (multira state research spine): www.sos.nm.gov/business-services/, checked August 12, 2026
- New Mexico Secretary of State, Corporations and Business Services Division (multira state research spine): www.sos.nm.gov/online-services/, checked August 12, 2026
- New Mexico report due date (multira state research spine, due dates verified 714/714): www.sos.nm.gov/business-services/start-a-business/domestic-nm-llc-formation/, checked August 12, 2026