New Mexico LLC: why this U.S. state, and how to form one
Last verified: 4 min read
A New Mexico LLC is a U.S. company formed in New Mexico (NM), a state in the southwestern United States. It costs $50 in State fees, files no annual report, and its public record doesn't have to name the owners. You don't need to live in the U.S. to own one. EXNNA forms it online for $200, State fee included.
Why is New Mexico the best U.S. state for a private LLC?
Two reasons: privacy and upkeep.
New Mexico's Articles of Organization, the filing that creates the company, don't have to list the owners or managers. We sign them as organizer and act as your registered agent, so the public record shows us, not you. See how an anonymous LLC in New Mexico works.
It is also cheap to keep. No annual report, no annual State fee. Delaware, by comparison, charges an annual franchise tax. If you're weighing the options, read New Mexico vs Wyoming vs Delaware.
How much does a New Mexico LLC cost?
| Item | Cost |
|---|---|
| State filing fee (NMSA 1978 § 53-19-63) | $50 |
| EXNNA formation, State fee included | $200 |
| Registered agent, first 12 months | Included |
| Registered agent after that | $99/yr, only if you renew |
| Annual State fee | None |
EIN assistance is optional, at +$50 with your formation. The full breakdown is in what an LLC really costs, and our pricing shows every option.
What name can a New Mexico LLC use?
The name must end in "limited liability company", "limited company", "LLC", "L.L.C.", "LC" or "L.C." (§ 53-19-3). Your first choice may already be taken, so you give us two backups and we file the first one that's available. More in New Mexico LLC name rules.
What does the public record show?
Anyone can search New Mexico's business records. For an LLC formed with EXNNA, the filing shows:
- The company name, file number and filing date
- Our registered agent and its New Mexico address
- Management: "managed or under the authority of a Manager(s)"
- Member and Manager Information: None Entered
- EXNNA as organizer
Your name isn't on it.
How do you form a New Mexico LLC online?
The order takes about two minutes: a company name, two backups, the number of members and an email. No ID documents are needed. You sign the service agreement online and pay the total in U.S. dollars or in your local currency, where available, by card.
We file your Articles of Organization with the New Mexico Secretary of State. The State usually approves in 1–3 business days, and your dashboard shows each step as it happens. When the LLC is formed, your Articles and your Operating Agreement (PDF and editable DOCX) are ready to download. Here is how long it takes to form an LLC, step by step.
What does a New Mexico LLC need after it's formed?
Very little. It has to keep a registered agent and a registered office in New Mexico at all times. Ours is included for the first 12 months, and you can renew it from your dashboard for $99 a year. You can also name your own eligible New Mexico agent at the same price. Read what a registered agent does.
If you want a bank account, you'll usually need an EIN, the LLC's federal tax ID. We can apply for it for you with your formation.
Start
FAQ
- How much does it cost to form an LLC in New Mexico?
- The State charges a $50 filing fee (NMSA 1978 § 53-19-63). With EXNNA you pay $200 in total, with that fee and 12 months of registered agent included.
- Does a New Mexico LLC file an annual report?
- No. A domestic New Mexico LLC files no annual report and pays no annual fee to the Secretary of State. It only has to keep a registered agent in the state.
- Are the owners listed on New Mexico's public record?
- No. The Articles of Organization don't have to name the owners or managers, so your name stays off the State's record.
- Do I have to live in New Mexico or in the U.S.?
- No. Anyone can own a New Mexico LLC, from anywhere in the world. Everything happens online.
Sources
- New Mexico Limited Liability Company Act, NMSA 1978 §§ 53-19-1 to 53-19-74 (official text) (checked )
- New Mexico Secretary of State, Business Services (checked )
General information, not legal or tax advice.