How to pass Shopify Payments verification with a New Mexico LLC
What Shopify Payments asks for at signup, and which New Mexico LLC documents satisfy each requirement.
By Edmond Hui · Last updated: August 4, 2026
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.
Shopify Payments (powered by Stripe) requires identity and business verification before activating payouts for your store. For a New Mexico LLC, Shopify collects the IRS-registered business name, the EIN, a physical US address, and personal information for the account representative and any 25%+ beneficial owners. Single-member and multi-member New Mexico LLCs follow the same base checklist, with multi-member LLCs needing details on all qualifying owners.
In New Mexico the entity behind that check is an LLC created by filing Articles of Organization, which costs $50. New Mexico does not publish a processing time for LLC filings, so treat state approval as the open-ended step in your timeline rather than the Shopify Payments review. Because New Mexico keeps members and managers off routine public filings, Shopify Payments has no public state record to match your owner name against, and relies entirely on the identification you upload.
What Shopify Payments requires, and how a New Mexico LLC meets each
| Requirement | How your New Mexico LLC satisfies it |
|---|---|
| IRS-registered business name | Use the exact LLC name as New Mexico recorded it on your Articles of Organization; it must match your bank account holder name. |
| Employer Identification Number (EIN) | Provide your federal EIN (free from the IRS; non-US founders without an SSN must apply via Form SS-4 by fax or phone rather than the online tool) — independent of New Mexico. |
| Physical US business address | Use a US street address registered to the LLC in New Mexico (your New Mexico registered-agent or virtual business address), since a PO box is usually rejected. |
| Owner / representative identity | Provide a government ID for each beneficial owner, even though New Mexico names none of them publicly. New Mexico publishes no member or manager, so the platform relies entirely on the ID you upload — names must match your operating agreement. |
| ACH-eligible checking account | Link a US business bank account opened with your EIN and your New Mexico Articles of Organization. |
| Active business phone number | Provide a reachable phone number for the verification code. New Mexico does not put a phone number on the LLC filing, so this one is a platform check with no state record behind it. |
New Mexico-specific things to watch
- New Mexico keeps both members and managers off routine public filings, but you must still upload beneficial-owner identification directly to Shopify Payments. State-level anonymity does not exempt you from the platform's KYC. (New Mexico's Articles of Organization require only the organizer and registered agent, and LLCs file no annual report, so members and managers stay off public filings.)
New Mexico sales tax & nexus rules for Shopify Payments sellers
New Mexico charges a 5% state sales-tax rate. Payments through Shopify Payments are not covered by marketplace-facilitator laws — you collect and remit yourself. Registration is required before your first taxable sale if you have physical presence in New Mexico (an in-state location, inventory, or employees), or once you cross New Mexico's remote-seller economic-nexus threshold of $100,000 in sales in the previous calendar year.
New Mexico calls its tax the Gross Receipts Tax (GRT) — similar to Hawaii's GET, it is a tax on the seller's receipts from all business activity, not just tangible goods. This means services and most transactions are taxable. The GRT rate varies by location (city and county), ranging from about 5% to 9.5%. New Mexico has no separate 'sales tax' in the traditional sense.
Register for New Mexico sales tax directly with the state: tap.state.nm.us.
How to verify your New Mexico LLC on Shopify Payments
- IRS-registered business name. Use the exact LLC name as New Mexico recorded it on your Articles of Organization; it must match your bank account holder name.
- Employer Identification Number (EIN). Provide your federal EIN (free from the IRS; non-US founders without an SSN must apply via Form SS-4 by fax or phone rather than the online tool) — independent of New Mexico.
- Physical US business address. Use a US street address registered to the LLC in New Mexico (your New Mexico registered-agent or virtual business address), since a PO box is usually rejected.
- Owner / representative identity. Provide a government ID for each beneficial owner, even though New Mexico names none of them publicly. New Mexico publishes no member or manager, so the platform relies entirely on the ID you upload — names must match your operating agreement.
- ACH-eligible checking account. Link a US business bank account opened with your EIN and your New Mexico Articles of Organization.
- Active business phone number. Provide a reachable phone number for the verification code. New Mexico does not put a phone number on the LLC filing, so this one is a platform check with no state record behind it.
Non-US founders with New Mexico LLCs
Shopify Payments requires personal identity information for the account representative, whichever state the LLC was formed in. For non-US representatives, Shopify's documentation indicates a passport photograph may be accepted in lieu of an SSN or ITIN for LLC entity types, so confirm that option during onboarding. If a government photo ID is not accepted, the alternatives are designating a US-resident representative who can provide a US SSN, or applying for an ITIN via Form W-7 if the founder has US tax-filing obligations. The entity itself must be US-registered, and a New Mexico LLC qualifies on that count.