How to Form an LLC in New Mexico – Step-by-Step Guide
Why Choose New Mexico for Your LLC?
New Mexico is a great state for forming an LLC, especially for entrepreneurs looking for low costs, privacy, and simplicity. Some key advantages include;
No annual reports required.
No state franchise tax.
Affordable LLC formation fees ($52 filing fee).
Privacy protection – Member names are not listed publicly.
If you plan to operate an e-commerce business, Wyoming might be a better option. Check our Wyoming LLC Guide for details.
Step-by-Step Guide to Forming an LLC in New Mexico
Why Choose Northwest?
Free first-year Registered Agent service.
Free operating agreement.
Free company address included.
No hidden fees.
Step 1: Visit Northwest Registered Agent
To get started, go to Northwest Registered Agent’s website and click “LET'S GET YOU STARTED”.
Step 2: Select New Mexico as Your LLC's State
On the formation page, select New Mexico as your LLC’s state.
You will see the total cost breakdown:
$52 state filing fee.
$39 Northwest formation fee.
Total: $91 (including business address and first-year Registered Agent service).
Click “Continue” to proceed.
Step 3: Enter Your LLC Name
Type your desired LLC name.
Ensure it includes "LLC" or "Limited Liability Company" at the end.
Enter a brief business purpose (e.g., "E-commerce consulting").
Step 4: Registered Agent & Address
Northwest provides a free business address.
Leave the address section as is (Northwest’s address will be used).
📌 If you do not have a specific company and mailing address, you can leave the selections as is
Click “Continue.”
Step 5: Management Structure
Select “Member-Managed” if you will run the business yourself.
Select “Manager-Managed” if you want to appoint managers.
📌 If you want to create a multi member llc, you can add multiple members. To do this, click on the "Add Member" button and add members.
Click “Continue.”
Step 6: Contact Information
Enter your email address and create a password.
Provide your home country address (can be outside the U.S.).
Add your phone number.
Select “No” for legal notices.
Click “Continue.”
Step 7: Account Setup
In this step, you need to create an email and password for your Northwest customer panel.
Click “Continue.”
Step 8: Bundle & Save
If you want additional services such as Business Domain, Business Website, Business Email, Phone Service, you can add them to the plan.
Your LLC will be created without these additional services. You can leave it as is and continue.
Click “Continue.”
Step 9: Optional Items
You may be offered EIN, compliance services, or other services
EIN prices may be a bit high for non-US citizens. After your LLC is formed, you can also get your EIN number from the IRS for free.
📌If you want, you can add a premium mail forwarding service. This will give you a special suite numbered company address and mailing address. You can add it if you need it, if you do not add it, you will continue to benefit from Northwest's free address service.
Click “Continue.”
Step 10: Final Review & Payment
Your total cost should be:
$39 for LLC Formation
$52 State Filing Fee
$0 Registered Agent (first year free)
Total: $91
📌After you add your card information and complete the payment, the form will automatically direct you to the Northwest dashboard. You can check the LLC formation status from your dashboard.
Click “DONE” to finalize your LLC formation.
How Long Does It Take to Form an LLC in New Mexico?
Standard processing: 3-4 business days.
Expedited filing: Available for an extra fee.
Once approved, your LLC documents will be available in the Northwest dashboard, where you can download and store them securely.
LLC Formation Costs in New Mexico
One-Time Costs:
State filing fee: $52
Northwest Registered Agent LLC Formation Fee: $39
Ongoing Costs:
Registered Agent Annual Fee: $125/year (First year FREE)
Annual State Franchise Tax: $0
Why Choose Northwest?
✔ No hidden fees ✔ Fast LLC formation ✔ Excellent customer support ✔ Free business address ✔ Secure online dashboard ✔ Transparent pricing
Unlike many Registered Agents, Northwest does not upsell unnecessary services and provides genuine support for business owners.
Final Thoughts
Forming an LLC in New Mexico is an affordable and privacy-friendly choice, particularly for online businesses, consultants, and entrepreneurs.
With our exclusive Northwest discount, you can start your LLC for just $91 and enjoy one of the best Registered Agent services in the industry.
Frequently Asked Questions (FAQ)
1. How long does it take to form an LLC in New Mexico?
LLC formation in New Mexico typically takes 3-4 business days, but expedited options are available for an extra fee.
2. Do I need a physical address in New Mexico to form an LLC?
No, you can use a Registered Agent service like Northwest, which provides a business address.
3. Does New Mexico require an annual report for LLCs?
No, New Mexico does not require annual reports, making it a cost-effective option for business owners.
4. Is there a state franchise tax in New Mexico?
No, New Mexico does not impose a franchise tax on LLCs.
5. Can a non-U.S. resident form an LLC in New Mexico?
Yes, non-U.S. residents can legally form and operate an LLC in New Mexico.
6. What is the total cost to form an LLC in New Mexico?
The total cost is $91, which includes the state filing fee ($52) and Northwest's discounted formation fee ($39).
7. Do I need an EIN for my New Mexico LLC?
Yes, an EIN (Employer Identification Number) is required to open a business bank account and file taxes.
8. Can I change my Registered Agent later?
Yes, you can change your Registered Agent at any time, but a small state filing fee may apply.
9. What is the best business type for a New Mexico LLC?
New Mexico LLC's are great for e-commerce, consulting, digital services, and asset protection.
10. What should I do after forming my LLC?
After forming your LLC, you should:
Apply for an EIN.
Open a U.S. business bank account.
Obtain any necessary licenses and permits.
Final Thoughts
Forming an LLC in New Mexico is an affordable and privacy-friendly choice, particularly for online businesses, consultants, and entrepreneurs.
With our exclusive Northwest discount, you can start your LLC for just $91 and enjoy one of the best Registered Agent services in the industry.
