Form Your LLC in New Mexico
Form your LLC in New Mexico and enjoy the lowest costs and exceptional privacy. No annual reports required. Perfect for cost-conscious entrepreneurs who value privacy and simplicity.
Total Cost
Key Advantages
Lowest Total Cost
At $850.95 total, New Mexico is the most affordable state to form and maintain an LLC.
No Annual Reports
Save time and money - New Mexico doesn't require annual reports or renewal fees. Zero ongoing state fees.
Exceptional Privacy
Member names don't appear in state records. Your ownership information stays completely private.
Ultra-Fast Processing
Get your LLC formed in 1-3 business days. Start your business faster than almost any other state.
Strong Asset Protection
New Mexico has strict asset protection regulations, safeguarding your personal wealth.
Ideal For & Important Considerations
What makes New Mexico right for you, and what to keep in mind
Ideal For
Budget-conscious entrepreneurs
Small businesses and solopreneurs
Privacy-focused individuals
Holding companies and asset protection
E-commerce and online businesses
Important Considerations
Registered agent service required ($125-400/year)
High privacy can complicate bank account opening
$50 franchise tax if structured as a corporation
Less internationally recognized than Delaware or Wyoming
May face more scrutiny from banks due to privacy features
What's Included in Your Package
State Processing
Express state processing for LLC formation to officially register your business
EIN Number
Unique identification number from the IRS for tax purposes and business operations
Operating Agreement
Legal document defining your LLC structure, ownership, and management responsibilities
Registered Agent
Official address and representative for legal documents and government correspondence
Corporate Bank Account
Business bank account with debit card to manage your company finances professionally
State Renewal
Automatic state renewal service to keep your LLC in good standing year after year
Tax Filing & Advisory
Annual tax preparation and strategic tax advisory to optimize your business obligations
Billing System
Complete invoicing platform to create professional invoices and manage customer payments
Account Manager
Dedicated account manager for personalized support and business guidance
Compare All States
Find the perfect state for your business needs
| State | Total Cost | Privacy | For Startups | For Investors | Annual Fee | Processing |
|---|---|---|---|---|---|---|
| Florida | $924 | ⭐⭐⭐☆☆ | ⭐⭐⭐⭐☆ | ⭐⭐⭐☆☆ | $138.75 | 5-7 Business Days |
| Wyoming | $902.75 | ⭐⭐⭐⭐⭐ | ⭐⭐⭐⭐⭐ | ⭐⭐☆☆☆ | $60-62.50 | 1-3 Business Days |
| Delaware | $989 | ⭐⭐⭐☆☆ | ⭐⭐⭐☆☆ | ⭐⭐⭐⭐⭐ | $300 | 3-5 Business Days |
| New Mexico Current | $850.95 | ⭐⭐⭐⭐⭐ | ⭐⭐⭐☆☆ | ⭐⭐☆☆☆ | $0 (no annual report) | 1-3 Business Days |
Ready to Start Your LLC in New Mexico?
Form your LLC in New Mexico today. 100% online process with expert support.
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