How much does it cost to start an LLC in New Mexico?

$50. NMSA 1978 Section 53-19-63(A) sets the fee for filing the original articles of organization and issuing a certificate of organization at fifty dollars. There is no recurring state report fee, so $50 can be your entire lifetime cost to the Secretary of State. If you need it fast, expedited filing costs an extra $150 for same-business-day service or $100 for two-business-day service.

Does a New Mexico LLC have to file an annual report?

No. New Mexico does not require LLCs to file an annual or biennial report. NMAC 12.3.4.11, which lists every document a domestic New Mexico LLC must file, names only the articles of organization and a registered agent statement, and the Limited Liability Company Act contains no periodic report section. That makes New Mexico one of a small group of states with a $0 recurring Secretary of State cost for LLCs.

How much does it cost to register a foreign LLC in New Mexico?

$100, twice the $50 domestic formation fee. NMSA 1978 Section 53-19-63(J) charges one hundred dollars for issuing a registration to a foreign limited liability company. Amending that registration later costs $50 and cancelling it costs $25. Like domestic LLCs, a registered foreign LLC owes no annual report fee.

Is New Mexico a cheap state to form an LLC in?

Yes, on state filing fees. The $50 formation fee is among the lowest in the country and, unusually, there is no annual or biennial report fee at all, so there is no recurring Secretary of State charge. A default-classified New Mexico LLC also owes no entity-level state tax, because the $50 Corporate Franchise Tax applies only to LLCs taxed as corporations under the Internal Revenue Code. Budget separately for a registered agent, since maintaining a registered agent and registered office is the one ongoing obligation whose failure can get your LLC administratively revoked under NMSA 1978 Section 53-19-66.1.

LLC Costs · NM

How Much Does an LLC Cost in New Mexico?

By Edmond Hui · Fees verified July 29, 2026 against the New Mexico Secretary of State fee schedule

Edmond Hui · Founder, MyStateLLC

Edmond Hui is a software engineer and serial entrepreneur based in New York who has founded multiple online businesses across e-commerce, media, and information publishing. Before transitioning into tech, he spent years as a commercial real estate professional closing deals totaling over 100,000 square feet, giving him firsthand experience with business formation and entity structuring. He built MyStateLLC to provide the free, state-specific LLC guidance he wished existed when forming his own companies.

Forming an LLC in New Mexico costs $50 to file the Articles of Organization with the state, New Mexico requires no annual report. That puts the first-year state cost at $50, before any registered-agent service.

Articles of Organization$50

Annual reportNone

First-year state cost$50

Five-year state cost$50

What you actually pay in New Mexico

New Mexico is one of the cheapest states to keep an LLC alive: $50 for the Articles of Organization and then nothing recurring, because the Limited Liability Company Act requires no annual or biennial report and a default-classified LLC owes no entity-level state tax (the $50 Corporate Franchise Tax reaches only LLCs taxed as corporations). NMAC 12.3.4.11 lists the complete set of documents a domestic New Mexico LLC must file - articles of organization and a registered agent statement - with no report among them, in contrast to the cooperative-association rule in the same part, which does list annual reports. Registering an out-of-state LLC costs twice as much as forming one, at $100. Ancillary charges are $20 to reserve a name, $25 for a certificate for any purpose not otherwise specified, and $25 to certify documents.

New Mexico LLC fee breakdown

Cost	Amount	How often	Charged by
Articles of Organization	$50	One time	New Mexico Secretary of State
Required state cost, first year	$50	—	—
Corporate Franchise Tax — does not apply to a standard New Mexico LLC	$50	Only after a corporate election	Taxation and Revenue Department
Registered agent service (optional)	$50–$300	Every year	Commercial provider
Expedited processing (optional) — Same business day (received before 2:00 p.m.) $150, Two business days $100	$100+	One time	New Mexico Secretary of State
Name reservation (optional)	$20	One time	New Mexico Secretary of State
Certificate of good standing (optional)	$25	Per copy	New Mexico Secretary of State

New Mexico no longer accepts paper business filings at all - all business filings moved to the online portal at enterprise.sos.nm.gov - so there is no separate paper fee.

Corporate Franchise Tax: Flat $50 per year or partial year, and it is NOT owed by a typical LLC. New Mexico's Corporate Franchise Tax reaches only entities that count as a corporation for this purpose, and per FYI-350 "corporation" includes "limited liability companies and partnerships taxed as corporations under the Internal Revenue Code." An LLC left in its default classification as a partnership or disregarded entity therefore owes no annual entity-level tax to New Mexico. An LLC that elects corporate tax treatment owes the $50 on Form CIT-1.

Why the Corporate Franchise Tax is not in the total: Per FYI-350 the Corporate Franchise Tax reaches only LLCs taxed as corporations; an LLC left in its default classification owes nothing.

Neither the Limited Liability Company Act (NMSA 1978 Sections 53-19-1 to 53-19-74) nor NMAC 12.3.4.11 imposes any newspaper publication requirement on a New Mexico LLC.

Registered agent is listed separately because it is a commercial service, not a state charge. Commercial registered-agent services, not a state charge. Range and $125 midpoint match the assumption used by /tools/llc-true-cost. Most states let you serve as your own registered agent at no cost if you have a physical in-state address. Run your own numbers in the true-cost calculator.

New Mexico LLC cost over five years

State charges only in the first column; the second adds a registered-agent service at the $125/yr market midpoint.

Period	State cost only	With registered agent
Year 1 (formation + first filing)	$50	$175
Each year after	$0	$125
Five-year total	$50	$675

Is New Mexico expensive compared with other states?

New Mexico ranks 5th cheapest of 50 states on first-year cost — $184.53 below the $234.53 national average. On ongoing annual cost it ranks 8th.

Cheaper state	First-year cost	You would save
Montana	$35	$15

A cheaper filing fee elsewhere rarely saves money if you live and operate in New Mexico. Doing business here with an out-of-state LLC generally means registering it as a foreign LLC in New Mexico anyway — paying both states. See foreign qualification in New Mexico before forming elsewhere to save on fees.

Cost traps specific to New Mexico

No annual report does not mean no registered agent duty

Because New Mexico has no annual report, there is no yearly nudge from the State. An LLC that quietly loses its registered agent or registered office can still be administratively revoked under NMSA 1978 Section 53-19-66.1 with no missed filing to warn you.

Foreign registration costs double the domestic fee

NMSA 1978 Section 53-19-63(J) charges $100 to issue a registration to a foreign LLC, versus $50 for filing original articles of organization under subsection A.

Fees are not published on the public SOS website

New Mexico moved all business filings online and no longer publishes a fee schedule on sos.nm.gov; the amounts are only in NMSA 1978 Section 53-19-63 and inside the enterprise.sos.nm.gov portal, so quoted totals can be hard to verify before you pay.

Frequently Asked Questions

: $50. NMSA 1978 Section 53-19-63(A) sets the fee for filing the original articles of organization and issuing a certificate of organization at fifty dollars. There is no recurring state report fee, so $50 can be your entire lifetime cost to the Secretary of State. If you need it fast, expedited filing costs an extra $150 for same-business-day service or $100 for two-business-day service.
: No. New Mexico does not require LLCs to file an annual or biennial report. NMAC 12.3.4.11, which lists every document a domestic New Mexico LLC must file, names only the articles of organization and a registered agent statement, and the Limited Liability Company Act contains no periodic report section. That makes New Mexico one of a small group of states with a $0 recurring Secretary of State cost for LLCs.
: $100, twice the $50 domestic formation fee. NMSA 1978 Section 53-19-63(J) charges one hundred dollars for issuing a registration to a foreign limited liability company. Amending that registration later costs $50 and cancelling it costs $25. Like domestic LLCs, a registered foreign LLC owes no annual report fee.
: Yes, on state filing fees. The $50 formation fee is among the lowest in the country and, unusually, there is no annual or biennial report fee at all, so there is no recurring Secretary of State charge. A default-classified New Mexico LLC also owes no entity-level state tax, because the $50 Corporate Franchise Tax applies only to LLCs taxed as corporations under the Internal Revenue Code. Budget separately for a registered agent, since maintaining a registered agent and registered office is the one ongoing obligation whose failure can get your LLC administratively revoked under NMSA 1978 Section 53-19-66.1.

Where these numbers come from

Every fee above was checked against New Mexico's own published sources on July 29, 2026 — the New Mexico Secretary of State fee schedule, the governing statute, and where a state-level tax applies, the state tax authority. Commercial formation-service pages were not used.

The first-year total is the Articles of Organization fee plus the first year of any recurring state charge. Where a state's first report is not due until the following year, that is noted above. The five-year total is the filing fee plus five years of recurring charges, which avoids the timing question entirely. Registered-agent service is excluded from all state figures. Confidence on this state is medium: The $50 formation fee, $100 foreign registration, $20 name reservation and $25 certificate fees are quoted verbatim from the enacted text of NMSA 1978 Section 53-19-63 as amended by Laws 2001 (SB 331, Section 81) on the New Mexico Legislature's own site, and the absence of any annual report is corroborated by NMAC 12.3.4.11, which enumerates every document a domestic NM LLC must file. The $50 Corporate Franchise Tax and its inapplicability to default-classified LLCs are now confirmed from FYI-350 Rev. 01/02/2025, a current Taxation and Revenue Department publication. Two caveats keep this at medium rather than high: (1) I confirmed the 2001 ENACTED text of Section 53-19-63 but could not load a current consolidated version from nmonesource.com, the official compilation, because it is a JavaScript application that returns no statute text to a fetcher; a targeted search of nmlegis.gov surfaced no post-2001 bill amending Section 53-19-63, and NMAC 12.3.4.11 still cites Sections 53-19-1 through 53-19-74 as the operative LLC statute, but I cannot positively rule out a later fee amendment. (2) The expedite fees ($150 same-day / $100 two-day) come from NMAC 12.3.1.9, a rule last amended in 2011 that still refers to the Public Regulation Commission, whereas business filings transferred to the Secretary of State in 2013 and are now online-only, so those tiers may no longer reflect current practice. Standard processing time remains null.

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