Compare Business Types in New Mexico
Side-by-side comparison of all business entity types. Find the best structure for your New Mexico business.
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| Feature | Corporation | LLC | Nonprofit | Partnership | S-Corp |
|---|---|---|---|---|---|
| Filing Fee | $100 | $50 | $25 | $50 | $100 |
| Processing Time | 5-7 business days | 1-3 business days (online); 5-10 business days (mail) | 5-10 business days | 5-10 business days | 10-15 business days |
| Annual Tax | — | — | — | — | — |
| Registered Agent | Required | Required | Required | Required | Required |