Calculate New Mexico LLC costs. No annual report required, making it attractive for some businesses.
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New Mexico offers very low LLC formation costs at just $50, and notably, New Mexico does not require an annual report for LLCs. This eliminates ongoing compliance fees.
However, New Mexico requires member/manager information on public records, unlike Wyoming which offers stronger privacy protections.
This calculator shows the true cost of New Mexico LLC formation and the long-term savings from no annual report requirement.
$50 filing fee - among the lowest in the nation for LLC formation.
New Mexico does not require LLCs to file annual reports, saving ongoing compliance costs.
Required for all LLCs. Commercial services range from $50-100/year.
New Mexico requires member/manager names on public records - weaker privacy than Wyoming.
$100-150 including formation and registered agent.
Q: How much is a New Mexico LLC?
A: Formation: $50. No annual report fee. Total first year typically $100-150 with registered agent.
Q: Does New Mexico require an annual report?
A: No, New Mexico does not require LLCs to file annual reports, unlike most other states.
Q: Is New Mexico better than Wyoming?
A: New Mexico is cheaper ($50 vs $100 formation, no annual fee vs $60), but Wyoming offers stronger privacy protections.
Q: Are member names public in New Mexico?
A: Yes, New Mexico requires member/manager names and addresses on public records.
Q: How long does formation take?
A: Standard processing is 10-15 business days. Expedited service (additional $100) processes in 1-2 days.