How much does an LLC cost? Every fee, line by line

Last verified: 3 min read

How much does an LLC cost? Every fee, line by line: EXNNA guide cover, with New Mexico lit on a dotted map of the United States
New Mexico (NM), a U.S. state, lit on the map of the United States.

An LLC with EXNNA costs $200 in total. That includes the $50 State fee of New Mexico (NM), a U.S. state, plus 12 months of registered agent, basic mail and your Operating Agreement. After the first year, the only recurring cost is the registered agent at $99 a year, and only if you renew with us. New Mexico charges no annual State fee.

What is included in the $200?

ItemWhat you getCost
State filing feeNew Mexico, NMSA 1978 § 53-19-63$50
Registered agentOur New Mexico address for official mail, 1 yearIncluded
Basic mail3 letters a year, scanned to your dashboardIncluded
Operating AgreementPDF and editable DOCXIncluded
DashboardEvery step and every documentIncluded
Total$200

You see one total before you pay, and you pay it in U.S. dollars or in your local currency, where available, by card, online.

What costs extra?

Only what you choose:

  • EIN assistance. +$50 with your formation, or $79 later on its own. The EIN is the LLC's federal tax ID, and you'll usually need it for a bank account. See how to get an EIN without an SSN.
  • Physical mail forwarding. If you need the paper original, we forward it for a fee.
  • Custom Operating Agreement work. Basic adjustments are included. New clauses or a restructuring are quoted first.

How much does an LLC cost per year?

In New Mexico, almost nothing. There's no annual report and no annual State fee. The LLC just has to keep a registered agent in the state, which is why ours is included for the first 12 months.

Year oneEvery year after
EXNNA formation$200None
Registered agentIncluded$99, only if you renew
New Mexico annual feeNoneNone

You can also name your own eligible New Mexico registered agent instead of ours, at the same price. Learn what a registered agent does.

How do State fees compare in New Mexico, Wyoming and Delaware?

New MexicoWyomingDelaware
Formation fee$50$100$110
Annual reportNoneYesNone
Yearly costNoneLicense tax: $60 or 0.0002 of Wyoming assets, whichever is greaterAnnual tax: $400, due June 1

These are State fees only, before any registered agent or service. New Mexico is the cheapest to form and to keep. The full comparison is in New Mexico vs Wyoming vs Delaware, and the cheapest state to form an LLC goes deeper on price.

How do you compare LLC costs?

Look at what's in the number. A low headline price often leaves out the State fee, the registered agent or the Operating Agreement, and you pay for them later. Ask four questions: Is the State fee included? Is the registered agent included, and for how long? What does renewal cost? Is the Operating Agreement part of the package?

With EXNNA the answers are yes, yes for 12 months, $99 a year, and yes. Everything is on our pricing.

Start

FAQ

How much does an LLC cost with EXNNA?
$200 in total. That covers New Mexico's State fee, 12 months of registered agent, basic mail, the Operating Agreement and your dashboard.
Does a New Mexico LLC pay an annual fee?
Not to the State. A domestic New Mexico LLC files no annual report and pays no annual fee to the Secretary of State.
What does EIN assistance cost?
+$50 with your formation, for $250 in total, or $79 on its own later.
Can I change the Operating Agreement?
Basic adjustments are included. Custom clauses or a restructuring are quoted first, and you only pay if you accept.

Sources

General information, not legal or tax advice.