Does New Mexico require LLC annual reports?

No, and it requires no biennial report either. New Mexico's Limited Liability Company Act contains no report provision of any period. The Act's fee schedule is entirely transaction-based: $50 to file the original articles of organization, $100 to register a foreign LLC, $50 to amend that foreign registration and $25 to cancel it, $20 to reserve a name, and $35 for a certified copy ($10 copy plus $25 certification). Nothing recurs. The Secretary of State's own rule settles it from the other direction by listing what a domestic LLC must file, in full: the articles of organization and a statement designating registered agent and office. So the recurring cost of a New Mexico LLC to the Secretary of State is $0, because there is no recurring filing at all.

I read that New Mexico LLCs file a biennial report. Where does that come from?

From the corporation statute, which is a different entity type under a different article. New Mexico law requires a domestic or foreign corporation to file a corporate report within 30 days of its certificate being issued "and biennially thereafter on or before the fifteenth day of the fourth month following the end of its taxable year". The fee is $25. The corporate consequences are real, which is probably why the rule travels: the corporation statute imposes a $200 civil penalty for a late report, and 60 days after written notice of failure to file, "the corporation shall have its certificate of incorporation canceled by the secretary without further proceedings". Nonprofit corporations and cooperative associations file annual reports under their own statutes. None of these provisions reaches an LLC. There is also no "regulated activities" report for a New Mexico LLC. The word biennial does not appear in the LLC Act at all.

Does the Environment Department require anything from my LLC?

No. The New Mexico Environment Department has no role in business entity filings. LLC documents are filed with the Secretary of State under New Mexico's LLC Act and its filing rules. This page previously said otherwise, citing a "Financial Integrity and Transparency Act" administered by the Environment Department and requiring a "Form LLC-2" by June 1. A search of all 83 chapters of the New Mexico Statutes returns zero occurrences of that act. It does not exist, there is no Form LLC-2, and there is no June 1 deadline. That claim has been removed. Environmental permits are a separate matter that depends on what your business physically does, and they are not an entity filing. If your business is in a licensed occupation, the license renews with its own board on its own schedule. That is licensing, not a Secretary of State report.

What can get my New Mexico LLC revoked?

Only the registered agent, and New Mexico calls it revocation rather than dissolution. New Mexico law gives the Secretary of State exactly two grounds. The LLC "has failed for a period of thirty days to appoint and maintain a registered agent", or it "has failed for a period of thirty days, after change of its registered office or registered agent, to file... a statement of the change". That is the complete list. No report exists to miss, and there is no June 30 deadline. Ordinary dissolution is separate and voluntary or judicial: the Act covers an event in the articles or operating agreement, written consent of a majority in voting power, or a judicial decree. Because New Mexico publishes its fee schedule only inside the enterprise.sos.nm.gov portal, check there for the current cost of filing articles of dissolution rather than relying on a figure quoted elsewhere.

Is there a late fee if I miss something?

There is no late fee in the Limited Liability Company Act, because there is no deadline to miss. Its fee schedule contains no report fee and no penalty. The Act carries exactly one civil penalty, and it has nothing to do with reports: it charges a foreign LLC that transacts business in New Mexico without registering $200 for each year it did so. If you have been quoted a $100 New Mexico LLC late penalty, that figure appears nowhere in the Act. The corporation penalty is the $200 in the corporation statute, and it attaches to the biennial corporate report, not to anything an LLC files.

How do I reinstate a revoked New Mexico LLC?

New Mexico law allows an administratively revoked LLC to apply to the Secretary of State for reinstatement "within two years after the effective date of revocation". The application must recite the LLC's name and the effective date of revocation, state that the grounds for revocation either did not exist or have been eliminated, and state that the name still meets the state's naming rules. Reinstatement is retroactive: the law provides that "when the reinstatement is effective, it relates back to and takes effect as of the effective date of the administrative revocation". We found no form number and no reinstatement fee in the statute or in the LLC fee schedule, so we are not going to quote a figure we cannot source. Check the Secretary of State's portal for what it charges at the time you file. This page is general information about New Mexico's statutes and filing requirements, not legal or tax advice.

New Mexico LLC Annual Report: Not Required

No annual report, no biennial report, no fee. The biennial rule you may have read about belongs to corporations. Here is what New Mexico actually asks of an LLC.

By Edmond Hui · Last updated: October 2026

New Mexico LLCs have no annual report requirement. There is no recurring report to file with the state. See details below.

Filing for a corporation instead? See the New Mexico corporation annual report.

Need the New Mexico Secretary of State?

Go directly to the New Mexico Secretary of State website.

Visit the New Mexico filing office →

Does a New Mexico LLC file an annual report?

Due Date	None required
Fee	No annual report required
Filing Method	Not applicable, there is no report to file
Late Penalty	None. There is no filing that can be late.
Official state page	www.sos.nm.gov

Step diagram for New Mexico LLC compliance, showing the 5 steps a state that requires no annual report still asks of an LLC. — What New Mexico asks of an LLC each year, in a state that requires no annual report. Source: New Mexico Secretary of State.

What, if anything, does a New Mexico LLC file each year?

1
Confirm there is nothing recurring to file
New Mexico's Limited Liability Company Act contains no report section of any period. The Secretary of State's own rule is the cleanest confirmation because it lists exhaustively what a domestic LLC must file, giving "Documents required" as the articles of organization and a statement designating registered agent and office. That is the complete list.
2
Keep a registered agent and registered office
New Mexico law requires an LLC to maintain a registered office in New Mexico and a registered agent for service of process, who must be a New Mexico resident individual or a business entity with a place of business at the registered office. This is the only continuing Secretary of State obligation, and it is the one that actually ends New Mexico LLCs.
3
File a statement of change promptly when either changes
When your registered office or agent changes, file the statement of change with the Secretary of State straight away. Do not let it sit: going 30 days without filing the statement after a change is itself a ground for administrative revocation under New Mexico law. New Mexico no longer accepts paper business filings, so the statement goes through the online portal at enterprise.sos.nm.gov, which is also where the current fee is shown.
4
Register with Taxation and Revenue before you start trading
New Mexico's Taxation and Revenue Department states that anyone who engages in business in New Mexico must register with it, which issues a Business Tax Identification Number used for gross receipts tax, wage withholding and compensating tax. "CRS number" is the legacy name for the same thing. This is a tax registration, not a Secretary of State filing, and it is what most New Mexico LLC owners are actually thinking of when they ask about ongoing requirements.
5
Check the franchise tax only if you elected corporate taxation
New Mexico's $50 corporate franchise tax does not reach a normal LLC. A state tax rule provides that an LLC not required to file a federal return as a corporation "is not subject to the franchise tax", while making one that is required to file as a corporation, and exercises its franchise in New Mexico, subject to it.

This guide is general information, not legal or tax advice, and reading it does not create an attorney-client relationship. It reports what each state publishes about filing deadlines, fees, and the consequences of missing them, with the sources this page cites. It cannot tell you what your own company owes: the date turns on when and where you formed, states change these rules between our reviews, and in several states an entity-level tax falls due in a year when no report does. Confirm your own dates with the filing office named on this page before you rely on one here, because missing a deadline can cost the company its good standing or, in many states, its existence.

Read this guide for another state:

Frequently Asked Questions

: No, and it requires no biennial report either. New Mexico's Limited Liability Company Act contains no report provision of any period. The Act's fee schedule is entirely transaction-based: $50 to file the original articles of organization, $100 to register a foreign LLC, $50 to amend that foreign registration and $25 to cancel it, $20 to reserve a name, and $35 for a certified copy ($10 copy plus $25 certification). Nothing recurs. The Secretary of State's own rule settles it from the other direction by listing what a domestic LLC must file, in full: the articles of organization and a statement designating registered agent and office. So the recurring cost of a New Mexico LLC to the Secretary of State is $0, because there is no recurring filing at all.
: From the corporation statute, which is a different entity type under a different article. New Mexico law requires a domestic or foreign corporation to file a corporate report within 30 days of its certificate being issued "and biennially thereafter on or before the fifteenth day of the fourth month following the end of its taxable year". The fee is $25. The corporate consequences are real, which is probably why the rule travels: the corporation statute imposes a $200 civil penalty for a late report, and 60 days after written notice of failure to file, "the corporation shall have its certificate of incorporation canceled by the secretary without further proceedings". Nonprofit corporations and cooperative associations file annual reports under their own statutes. None of these provisions reaches an LLC. There is also no "regulated activities" report for a New Mexico LLC. The word biennial does not appear in the LLC Act at all.
: No. The New Mexico Environment Department has no role in business entity filings. LLC documents are filed with the Secretary of State under New Mexico's LLC Act and its filing rules. This page previously said otherwise, citing a "Financial Integrity and Transparency Act" administered by the Environment Department and requiring a "Form LLC-2" by June 1. A search of all 83 chapters of the New Mexico Statutes returns zero occurrences of that act. It does not exist, there is no Form LLC-2, and there is no June 1 deadline. That claim has been removed. Environmental permits are a separate matter that depends on what your business physically does, and they are not an entity filing. If your business is in a licensed occupation, the license renews with its own board on its own schedule. That is licensing, not a Secretary of State report.
: Only the registered agent, and New Mexico calls it revocation rather than dissolution. New Mexico law gives the Secretary of State exactly two grounds. The LLC "has failed for a period of thirty days to appoint and maintain a registered agent", or it "has failed for a period of thirty days, after change of its registered office or registered agent, to file... a statement of the change". That is the complete list. No report exists to miss, and there is no June 30 deadline. Ordinary dissolution is separate and voluntary or judicial: the Act covers an event in the articles or operating agreement, written consent of a majority in voting power, or a judicial decree. Because New Mexico publishes its fee schedule only inside the enterprise.sos.nm.gov portal, check there for the current cost of filing articles of dissolution rather than relying on a figure quoted elsewhere.
: There is no late fee in the Limited Liability Company Act, because there is no deadline to miss. Its fee schedule contains no report fee and no penalty. The Act carries exactly one civil penalty, and it has nothing to do with reports: it charges a foreign LLC that transacts business in New Mexico without registering $200 for each year it did so. If you have been quoted a $100 New Mexico LLC late penalty, that figure appears nowhere in the Act. The corporation penalty is the $200 in the corporation statute, and it attaches to the biennial corporate report, not to anything an LLC files.
: New Mexico law allows an administratively revoked LLC to apply to the Secretary of State for reinstatement "within two years after the effective date of revocation". The application must recite the LLC's name and the effective date of revocation, state that the grounds for revocation either did not exist or have been eliminated, and state that the name still meets the state's naming rules. Reinstatement is retroactive: the law provides that "when the reinstatement is effective, it relates back to and takes effect as of the effective date of the administrative revocation". We found no form number and no reinstatement fee in the statute or in the LLC fee schedule, so we are not going to quote a figure we cannot source. Check the Secretary of State's portal for what it charges at the time you file. This page is general information about New Mexico's statutes and filing requirements, not legal or tax advice.

Sources

23 documents

Each entry below is a document recorded in our verified New Mexico sources, and each entry says what the document is. Some statutory text is read from an accurate mirror rather than from the state's own host, and those say so. Where we hold the citation but no stable public link, the citation is printed on its own rather than pointed at a guessed address.

New Mexico statute: NMSA 1978 section 53-19-63 (LLC filing fees)
New Mexico statute: NMSA 1978 sections 53-19-1 to 53-19-74 (New Mexico LLC Act)
New Mexico regulation: 12.3.4.11 NMAC (documents an LLC must file)
New Mexico statute: NMSA 1978 section 53-19-5(A) (registered office and agent)
New Mexico statute: NMSA 1978 section 53-19-66.1 (administrative revocation)
New Mexico statute: NMSA 1978 section 7-2A-5.1 (corporate franchise tax)
New Mexico regulation: 3.15.100.8(A) NMAC (LLCs not subject to franchise tax)
New Mexico regulation: 3.15.100.8(B) (LLCs filing as corporations)
New Mexico statute: NMSA 1978 section 53-19-1 to section 53-19-74 (New Mexico LLC Act)
New Mexico statute: section 53-19-63 (LLC filing fees)
New Mexico statute: NMSA 1978 section 53-5-2 (biennial corporate report)
New Mexico statute: section 53-2-1(A)(16) (corporate report fee)
New Mexico statute: section 53-5-7 (corporate report penalty)
New Mexico statute: sections 53-8-83 and 53-4-34 (nonprofit and cooperative reports)
New Mexico statute: NMSA 1978 section 53-19-9 (filing with the Secretary of State)
New Mexico statute: section 53-19-39 (dissolution events)
New Mexico statute: Section 53-19-63 (LLC filing fees)
New Mexico statute: section 53-19-53(E) (unregistered foreign LLC penalty)
New Mexico statute: NMSA 1978 section 53-19-66.2 (reinstatement)
New Mexico statute: section 53-19-3 (LLC name requirements)
New Mexico statute: section 53-19-66.2(C) (reinstatement is retroactive)
sos.nm.gov/business-services/New Mexico Secretary of State: business entity filings
nmonesource.com/nmos/nmsa/en/4400/1/document.doNew Mexico statute: annual report exemption

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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.

How we check facts

Does a New Mexico LLC file an annual report?

What, if anything, does a New Mexico LLC file each year?

Confirm there is nothing recurring to file

Keep a registered agent and registered office

File a statement of change promptly when either changes

Register with Taxation and Revenue before you start trading

Check the franchise tax only if you elected corporate taxation