LLC Formation Cost in New Mexico (2026)
Complete guide to New Mexico LLC filing fees, annual costs, and requirements
New Mexico LLC Cost Calculator
New Mexico LLC Costs — Complete Breakdown
| Cost Item | Cost | Frequency |
|---|---|---|
| Articles of Organization filing fee | $50 | One-time |
| Annual report / registration fee | $0 (not required) | N/A |
| Registered agent service | $50–$300 | Annual |
| Operating agreement | $0–$500 | One-time |
| EIN (Employer ID Number) | $0 (free via IRS) | One-time |
| Business bank account | $0–$15/mo | Monthly |
Forming an LLC in New Mexico: What You Need to Know
New Mexico has the lowest LLC filing fee in the US at $50 AND no annual report requirement — making it the absolute cheapest state for ongoing LLC maintenance. New Mexico also has strong privacy protections (member names not on public record).
Money-Saving Tips for New Mexico LLC Formation
New Mexico is excellent for privacy-conscious business owners and those wanting the lowest possible LLC costs. Many online businesses form in NM for the privacy + low cost combination. The state does not publicly list member names.
Form Your New Mexico LLC Today
Bizee handles all New Mexico LLC paperwork for $0 service fee (you only pay the $50 state filing fee) and includes 1 year of free registered agent service — saving you $125 immediately.
Frequently Asked Questions
How much does it cost to form an LLC in New Mexico?
Forming an LLC in New Mexico requires a $50 state filing fee (Articles of Organization). Add $125/year for a registered agent service and $no annual report fee — total first-year cost is approximately $175.
Should I form my LLC in New Mexico or another state?
If you conduct business primarily in New Mexico, form your LLC here. Forming in another state (Wyoming, Delaware, New Mexico) and then operating in New Mexico requires paying foreign registration fees in New Mexico anyway — you end up paying both states' fees. Wyoming or New Mexico make sense only if you genuinely have no state-specific business presence and want lower costs or more privacy.
Do I need a registered agent in New Mexico?
Yes — New Mexico law requires every LLC to maintain a registered agent with a physical street address in New Mexico during normal business hours. You can serve as your own registered agent if you have a New Mexico address, but most business owners use a professional service ($50–$300/year) for privacy (your name and address are kept off public records) and reliability (someone is always available during business hours).
What are the annual costs to maintain an LLC in New Mexico?
Annual New Mexico LLC costs: No annual report required. Registered agent: $50–$300/year. Add bookkeeping/accounting ($100–$500/month) and business insurance ($500–$2,000/year) for a realistic total operating cost.
New Mexico LLC Facts
- State filing fee
- $50
- Annual report fee
- Not required
- Registered agent
- $50–$300/yr
- Processing time
- 3–5 business days
- First year total
- ~$175
Compare Filing Fees
State LLC filing fees