Form an LLC in New Mexico
Form your LLC in New Mexico with QuickBiz for $200 ($150 + $50 state fee). New Mexico has state income tax, so factor that into your ongoing costs. New Mexico supports online filing, which helps speed up the process. Processing typically takes 5-10 business days. New Mexico does not require a traditional annual report.
Total cost
$200 ($150 + $50 state fee)
State filing fee
$50
Processing time
5-10 business days
Annual cost
No annual report required
Why form in New Mexico
- Low filing fee — only $50
- Online filing available — faster processing
- No annual report requirement — less ongoing paperwork
- No publication requirement — saves time and money
- Operating agreement not legally required (but we include one)
Things to consider
- Has state income tax — consider this for ongoing costs
Best for
New Mexico is a good option for software founders who live in-state. Low filing fee of $50 keeps startup costs down. If you're choosing a state purely for formation benefits, Wyoming ($250 total) or Delaware (for VC-track) are often better picks.
How to form an LLC in New Mexico with QuickBiz
- 1Choose your LLC name and verify availability with the state
- 2Provide your business details and founder information (5 minutes)
- 3We file your formation documents with the state
- 4We apply for your EIN with the IRS (free)
- 5Receive your formation documents and operating agreement
- 6Access your compliance dashboard and post-formation checklist
Frequently asked questions
How much does it cost to form an LLC in New Mexico?
With QuickBiz, New Mexico LLC formation costs $200 ($150 + $50 state fee). This includes everything: state filing, EIN application, registered agent (year 1 free), operating agreement for software businesses, and compliance dashboard. The $50 state fee is set by New Mexico's Secretary of State.
How long does New Mexico LLC formation take?
New Mexico LLC formation typically takes 5-10 business days for standard processing. The QuickBiz signup process takes about 5 minutes — we handle everything after that.
Does New Mexico have state income tax?
Yes, New Mexico has state income tax. This means your LLC's income may be subject to state taxes in addition to federal taxes. Many software founders in states with income tax form their LLC in Wyoming to avoid state taxes, then register as a foreign LLC if needed.
What are the annual requirements for a New Mexico LLC?
New Mexico does not require a traditional annual report for LLCs. QuickBiz tracks all your compliance deadlines so you never miss a filing.
Is New Mexico a good state for a software business LLC?
New Mexico is a good option for software founders who live in-state. Low filing fee of $50 keeps startup costs down. If you're choosing a state purely for formation benefits, Wyoming ($250 total) or Delaware (for VC-track) are often better picks.
Ready to form your New Mexico LLC?
$200 ($150 + $50 state fee). Everything included. Takes about 5 minutes.
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