JurisDraft

New Mexico LLC Formation

Form an LLC in New Mexico: Fees, Deadlines & What to File

The state filing is only the starting point — here's what forming an LLC in New Mexico actually costs, and what else you need beyond the state paperwork to be properly protected.

State Filing Fee

$50

Paid once, when your formation document is filed with the state.

Ongoing Fee

None

No annual report is required.

What the state filing actually covers

Filing your formation document with New Mexico creates your LLC as a legal entity — but the state filing alone doesn't cover the internal terms that actually govern how your business runs, what happens if a member leaves, or how ownership and profits are split. That's the job of your operating agreement, which New Mexico doesn't require you to file but which governs everything the state filing doesn't address.

What you still need beyond the state paperwork

An Operating Agreement

Ownership splits, voting rights, and buyout terms — the document that actually governs disputes.

A Registered Agent

A person or service with a New Mexico address to receive legal notices on the LLC's behalf.

An EIN

Needed to open a business bank account and hire, sequenced correctly against your New Mexico formation date.

Ongoing Compliance

No fee owed, but confirm whether a report is still required.

Get your New Mexico operating agreement drafted

A licensed attorney drafts your operating agreement around New Mexico's specific default rules — not a generic 50-state template.

Renting out property in New Mexico? See New Mexico eviction notice requirements →

Fees shown reflect published state rates and are subject to change by the state at any time — always confirmed for your specific filing during intake.