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New Mexico LLC Formation: A Low-Cost LLC With No Annual Report
Here is how to start an LLC in New Mexico: you file Articles of Organization with the Secretary of State. There is no annual report and no yearly state fee after that. It is one of the cheapest states to keep an LLC, which is why many founders outside the US choose it. Our complete package is $190.
To form a New Mexico LLC, you file Articles of Organization with the New Mexico Secretary of State and name a New Mexico registered agent. New Mexico has no annual report and no yearly state LLC fee, which makes it one of the cheapest states to keep an LLC, and member names do not have to appear in the public filing. Our all-in New Mexico package is $190.
Quick Facts
The state keeps things simple. After that, the state does not ask for an annual report. The only yearly cost most owners have is their registered agent. For a small online business, that makes it one of the lowest-cost states to run an LLC.
How to Start an LLC in New Mexico in 5 Steps
- Choose a name. It must include “Limited Liability Company,” “LLC,” “L.L.C.” or a similar ending and be different from other names on file with the Secretary of State.
- Hire a registered agent. Your agent needs a physical address in New Mexico. If you live elsewhere, use a registered agent service.
- File Articles of Organization. We file it online through the Secretary of State’s Business Filing Portal. You list the LLC name, registered agent and organizer. Member names are not required.
- Write an operating agreement. It is not filed with the state, but it proves who owns the LLC. Banks and payment platforms ask for it.
- Get your EIN. The EIN is free from the IRS. If you don’t have an SSN, we apply for you with Form SS-4.
Our New Mexico LLC Package
Our package is one clear price. It covers the state filing, your EIN, a registered agent and a US mailing address for one year, plus our service. There are no separate fees to work out.
- LLC formation and state filing
- Articles of Organization
- New Mexico LLC certificate / formation documents
- EIN (federal tax ID)
- Registered agent for 1 year
- US mailing address for 1 year
Optional add-ons: business bank account help, Sales Certificate / Seller Permit ($50), Stripe, Payoneer, Wise, Amazon and Shopify setup. You choose them at checkout.
Forming Your LLC From Outside the US
You do not need a US visa, an SSN or a trip to the US to form a New Mexico LLC. We work with founders in Pakistan, India, the UAE, the UK and many other countries. Here is what we need from you:
- Passport or national ID (for example, a CNIC) for each owner
- Your home address, matching your ID or a recent bill
- Two or three LLC name choices, in order of preference
- Email and WhatsApp number so we can reach you quickly
- What your business will do, in one or two lines
Use your real home address. Banks and payment platforms check it against your ID, and a borrowed address can get accounts closed later.
How Your Order Works
- Order online. Choose your package and any add-ons on our order page.
- Upload your documents. Your passport or ID goes to a private folder only our team can open.
- Pay and send proof. Pay by US bank transfer or, from Pakistan, by Easypaisa or Raast. Send the payment screenshot on WhatsApp.
- We file your LLC. We check the name and file your Articles with the New Mexico Secretary of State.
- We get your EIN within 24 hours. Once the state approves your LLC, we get your EIN from the IRS, even without an SSN.
- You get your documents. We send your approved Articles and EIN letter, and your registered agent and US mailing address start.
There is no annual report, so your main yearly tasks are federal filings like Form 5472. We remind you before each deadline.
Common Mistakes to Avoid
- Assuming there is nothing to do each year. You still keep a registered agent in NM and file your federal returns.
- Letting the registered agent lapse. Without an agent the state cannot reach you, and your LLC can lose good standing.
- Mixing personal and business money. Use a separate business account from day one. It keeps your records clean and protects the LLC’s liability shield.
- Forgetting Form 5472. A single-member LLC owned by a non-US person usually files it with a pro forma 1120 every year, even with no US income.
Why International Founders Choose NM
- Lowest yearly cost: no annual report and no state LLC fee
- Privacy: members are not named in the Articles of Organization
- Simple online filing through the Business Filing Portal
- Works with US banks and platforms such as Mercury, Wise, Payoneer and Stripe
If you sell products into New Mexico, you may need to register with the state Taxation and Revenue Department for gross receipts tax. Most online sellers outside the state don’t need this. We check your case.
New Mexico vs Wyoming
| New Mexico | Wyoming | |
|---|---|---|
| Yearly state cost | $0 | $60 annual report (minimum) |
| Annual report | None | Yes |
| State income tax | Yes, on in-state income | None |
Both are popular with founders outside the US. New Mexico costs less each year, while Wyoming has no state income tax at all. If your LLC earns nothing in the state, the difference is usually small. We help you decide.
How LLCPronto Helps With Your New Mexico LLC
- Name check and Articles of Organization filing
- New Mexico registered agent address
- Operating agreement for your bank
- EIN from the IRS, even without an SSN
- Help opening Mercury, Wise, Payoneer and Stripe accounts
- Yearly Form 5472 reminders
Need it urgently? Our urgent service costs more, and we tell you the price upfront.
New Mexico LLC: Key Facts
| Item | New Mexico |
|---|---|
| Formation document | Articles of Organization |
| Where to file | New Mexico Secretary of State, online business portal |
| Registered agent | Required, with a New Mexico street address |
| Annual report | None |
| Yearly state LLC fee | None |
| Owner privacy | Member names are not required in the Articles of Organization |
| State taxes | Gross receipts tax applies only if you do business in New Mexico |
Who Should Choose New Mexico?
- Good fit: freelancers, agencies, SaaS founders and online sellers in the UK, the US or Asia who want the lowest yearly cost and simple upkeep.
- Consider Wyoming instead if you want a longer track record with banks and payment platforms, or Wyoming’s strong asset protection rules.
- Consider your home state if you live in the US and run the business there; forming elsewhere usually means registering twice.
Yearly filing: see our New Mexico LLC annual report guide for the deadline, fee and how to file.
New Mexico LLC FAQs
Can I order a New Mexico LLC online with LLCPronto?
Yes. Choose New Mexico in our online order form, add any extras, upload your passport and pay. Our all-in price of $190 includes the state filing fee, EIN, registered agent and mailing address for the first year. We confirm your details on WhatsApp before we file.
How much does it cost to start an LLC in New Mexico?
Our package is $190. It includes the state filing, Articles of Organization, your EIN, a registered agent and a US mailing address for one year. Optional add-ons, like business bank account help or a seller’s permit ($50), cost extra and you choose them at checkout.
Does a New Mexico LLC need an annual report?
No. The state does not require LLCs to file an annual report. You still need to keep a registered agent and meet federal IRS duties.
Can a non-US resident form a New Mexico LLC?
Yes. You don’t need to be a US citizen or live in the US. You need a registered agent in the state, and we get your EIN without an SSN.
Are New Mexico LLC owners kept private?
The state does not require member names in the Articles of Organization. The organizer and registered agent details are still public.
Is New Mexico or Wyoming better for an LLC?
New Mexico has lower yearly costs because there is no annual report. Wyoming has no state income tax. For most online sellers outside the US, both work well.
How long does it take to form a New Mexico LLC?
Online filings are often approved within a few business days. Processing times change, so we check the current time before we file.
What documents do I need to form a New Mexico LLC?
A passport or national ID for each owner, your home address, two or three name choices, and your email and WhatsApp number. You do not need an SSN or a US visa.
Can I get an EIN for my New Mexico LLC without an SSN or ITIN?
Yes. Owners without an SSN apply with IRS Form SS-4. The EIN is included in our package, and we get it within 24 hours of state approval. See our EIN service.
Can I open a US bank account with my New Mexico LLC?
Often, yes. Banks and fintechs like Mercury, Wise and Payoneer decide each application themselves, so no one can promise approval. We help you prepare the documents they ask for.
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Ready to Form Your New Mexico LLC?
Send us your LLC name on WhatsApp. We confirm the full cost, then file your Articles of Organization.
Comparing states? See Wyoming vs New Mexico.