Form a LLC in New Mexico
Everything you need to know about forming a LLC in New Mexico. Filing fees, requirements, timeline, and step-by-step guidance.
How to File
Choose a Unique LLC Name
Select a name ending with 'LLC' or 'Limited Liability Company' and check availability through the Secretary of State's database.
30 minutes
Designate a Registered Agent
Choose someone with a New Mexico address to receive legal documents on behalf of your LLC.
15 minutes
File Articles of Organization
Submit Form LLC-1 to the New Mexico Secretary of State along with the $50 filing fee.
45 minutes
Obtain Required Licenses
Apply for any business licenses or permits required for your specific industry or location.
1-2 hours
What's Next After Filing
Once your LLC is officially formed, you'll want to complete these important steps:
- •Get Federal EIN — Apply for an Employer Identification Number from the IRS for tax purposes and banking.
- •Create Operating Agreement — Draft an operating agreement outlining ownership, management structure, and operating procedures (recommended but not required).
- •Open Business Bank Account — Establish a business bank account using your EIN and Articles of Organization to maintain liability protection.
Advantages
- ✓No annual reports or franchise taxes required
- ✓Low $50 filing fee
- ✓Single-member LLCs allowed
- ✓Strong privacy protection for members
Considerations
- •Must have registered agent with New Mexico address
- •Limited online filing options
- •Potential gross receipts tax on business income
Annual Obligations
What OpenChamber Does
We don't file paperwork for you — we guide you through doing it yourself, which saves money and helps you understand your business from day one.
Personalized Checklist
Every task you need, organized by priority and tailored to New Mexico.
Vetted Professionals
When you need help, we connect you with professionals we trust.
Progress Tracking
Never lose track of where you are or what's next.
Track Your Progress
Get a personalized checklist for forming your LLC in New Mexico — and everything that comes after.
Get Your Free Checklist