New Mexico LLC
New Mexico LLC Filing
What is a New Mexico LLC?
A Limited Liability Company (LLC) is a form of a business entity that combines the benefits of a corporation with the benefits of a partnership. Corporations provide limited liability to its owners/stockholders (meaning, generally, that the owners are not personally liable for the debts or obligations of the business) while partnerships provide pass-through single taxation to its owners (partners).
Corporate Filing Solutions offers online LLC formation services in all 50 United States plus Washington, D.C. Our services are fast, reliable, and affordable!
Benefits of Forming an LLC in New Mexico (NM):
Taxes: An LLC has the flexibility to be taxed as a sole proprietor, partnership, S-corp or C-corp.
Pass-through Taxation: Typically, LLCs will choose to be taxed as a partnership to avoid double taxation, which occurs in corporations. This allows LLCs to distribute their profit among members who then report it on their personal tax returns. The LLC is not a taxpayer, but often is required to file a tax return.
Limited Liability: The owners (members) of the LLC enjoy personal protection against some or all liability of the debts and obligations of the LLC.
Annual Report:
LLCs operating in New Mexico (NM) are not required to file an annual report.
New Mexico (NM) LLC Guidelines:
An LLC is formed in the State of New Mexico (NM) when the Articles of Organization are properly filed with the New Mexico Secretary of State along with the required filing fee. The following information must be included in the New Mexico (NM) Articles of Organization:
-Name of the Company (your company’s name must end in either Limited Liability Company, L.L.C. or LLC)
-The principal address of your business
-The purpose for which your company was formed
-The name of the Registered Agent and its New Mexico (NM) address
-The effective date of the LLC
If you choose CFS’s LLC Registered Agent services, we will include the above information in your Articles of Organization. The name of your New Mexico (NM) Registered Agent will be Corporate Filing Solutions or a party affiliated with Corporate Filing Solutions, unless you choose another agent.
Corporate Filing Solutions’ legal name and address in New Mexico (NM) are:
Corporate Filing Solutions, LLC
206 S. Coronado Ave.
Espanola, NM 87532
NOTE: If you choose to use CFS Registered Agent services, we can list our New Mexico (NM) office location as your LLCs main New Mexico (NM) address for purposes of receiving important legal documents. This provides you with the flexibility to relocate your business within the State of New Mexico (NM) without having to file additional paper work and pay related fees.
Filing Fees:
The New Mexico (NM) Secretary of State’s office charges an LLC filing fee of $52 when you submit your Articles of Organization.
Federal Beneficial Ownership Information Report Filing:
As a newly formed LLC, you’ll probably need to submit a Beneficial Ownership Information (BOI) Report to the Financial Crimes Enforcement Network (FinCEN). The BOI report provides the federal government with basic information about your LLC and the people with the most power over your business decisions and profits. There’s no fee to file, and your information is not on the public record. Starting January 1, 2024, this report is due following company formation. This report is a little complicated, but we can make filing painless with our $25 BOI report filing service.
New Mexico LLC Registered Agent Information:
The Secretary of State of New Mexico (NM) requires all LLC operating within New Mexico (NM) to have a designated registered agent at all times. The registered agent may be any individual or business with a physical New Mexico (NM) mailing address.
Corporate Filing Solutions provides affordable professional Registered Agent services in New Mexico (NM) as well as the other 49 United States and Washington, D.C. Our Registered Agent services cost $95.00 per year.