New Mexico LLC Cost Calculator 2026
Real filing and annual fees for forming a New Mexico LLC — including hidden franchise taxes, annual report costs, and publication requirements.
Interactive New Mexico LLC Calculator
LLC Cost Calculator
See your true first-year and multi-year LLC costs — including hidden fees.
5-Year Total Cost
$0
Cost Breakdown
| Fee Item | Amount | Frequency |
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Year-by-Year Cost
Disclaimer: FreeLLCCalculator.com is an educational utility and does not provide legal or tax advice.
New Mexico LLC Fee Breakdown
| Fee Item | Amount | Frequency | Notes |
|---|---|---|---|
| Articles of Organization | $50 | One-time | Paid to New Mexico Secretary of State |
| Annual / Biennial Report | $0 | Not required | ✓ No report required |
| Registered Agent | $100 | Annual | Commercial RA estimated avg. |
| 5-Year Total (est.) | $550 | 5 years | Includes all above items |
How to Form an LLC in New Mexico: Step-by-Step
Choose a unique LLC name
Must end in "LLC", "L.L.C.", or "Limited Liability Company" and be distinguishable from existing New Mexico entities.
Designate a Registered Agent
Appoint a registered agent with a physical New Mexico address to receive legal documents.
File Articles of Organization
Submit to the New Mexico Secretary of State. Filing fee: $50.
File Online →Obtain an EIN (Employer ID Number)
Apply free from the IRS at irs.gov/ein. Required for banking and taxes.
Open a Business Bank Account
Keep personal and business finances separate to protect your liability protection.
File Annual Reports / Pay State Fees
New Mexico has no annual report requirement. ✓
New Mexico LLC Compliance Notes
- No annual report required
- No franchise tax
- Allows anonymous member-managed LLCs (strong privacy)
- One of the best value states for LLC formation
New Mexico LLC FAQ
How much does it cost to form an LLC in New Mexico?
New Mexico LLC formation costs only $50 — and there are no annual fees whatsoever, making it one of the cheapest states long-term.
Does New Mexico require annual LLC reports?
No! New Mexico has no annual report and no franchise tax, making total ongoing LLC cost essentially $0/year (just registered agent if used).
Is New Mexico a good state for LLC privacy?
Yes — New Mexico allows anonymous LLCs without disclosing member names publicly, offering strong privacy protection.