LLC Cost Calculators New Mexico

New Mexico LLC Cost Calculator

Calculate the total cost to form an LLC in New Mexico. Filing fee: $50. No recurring state report fee. Free New Mexico LLC cost breakdown.

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$0$2,000

Pre-filled: Compiled multi-state LLC fee survey — pending verification against the state fee schedule

$0$2,000

Pre-filled: Compiled multi-state LLC fee survey — pending verification against the state fee schedule

$0$500

Additional Details

120

Year 1 Total Cost

$375.00

Estimated • Based on your inputs

Annual Ongoing Cost

$175.00

Detailed Breakdown

5-Year Total Cost$1,075.00
46%
Initial Formation Cost$200.00
9%
Projected Total Cost$1,075.00
46%

Disclaimer: This calculator provides estimates for informational purposes only. Results should not be considered financial, tax, or legal advice. Consult a qualified professional for your specific situation.

New Mexico Quick Facts
5.9% Income Tax Rate
0.63% Property Tax Rate
$67,816 Median Income
89.9 Cost of Living

How This Calculator Works

Calculation methodology and assumptions

LLC formation costs in New Mexico include the state filing fee ($50), any recurring state filing, registered agent fees, and optional costs like an operating agreement. EIN registration with the IRS is free. This calculator provides a comprehensive first-year and multi-year cost projection for forming and maintaining an LLC in New Mexico.

Key State Information

New Mexico LLC filing fee: $50. New Mexico charges no recurring LLC report fee. New Mexico has one of the most affordable LLC filing fees. New Mexico does not charge a recurring state report fee for LLCs, though other periodic filings or state taxes may still apply.

Standard financial formulas Pre-filled with documented data Estimates only — not financial advice
Data Source
LLC Filing Fees by State (LLC University)
View Original Source | Source record reviewed | Review target: annually

Example Calculation

Let's calculate the cost to form and maintain an LLC in New Mexico.

Forming a single-member LLC in New Mexico: state filing fee $50, registered agent service (~$125/year), EIN from IRS (free), and a DIY operating agreement (free, or $500-$1,500 with an attorney). New Mexico's annual report/franchise tax is $0 — no recurring state fee.

Result: Year 1 total: approximately $175 (plus any optional attorney fees). Ongoing annual cost: approximately $125/year. Nationally, filing fees range from $35 (Montana) to $500 (Massachusetts) and recurring state costs range from $0 (several states) to $800/year (California) — so New Mexico's cost may be far cheaper, or more expensive, than forming elsewhere. Don't form in Delaware or Wyoming just for their reputation — you'll still need to register as a foreign LLC at home and pay both states.

SC

StateCalc Team

Editorial Team

The StateCalc team builds free financial calculators using data from official government sources including the IRS, U.S. Census Bureau, BLS, and state revenue departments. All formulas are validated by an automated test suite and cross-referenced against published data.

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Frequently Asked Questions

How much does it cost to form an LLC in New Mexico?

The state filing fee is $50. Including a registered agent ($0 if you serve as your own, $100-$300/year for a commercial service) and an operating agreement (free to write yourself, ~$150 from a template service), expect to pay $50 to $500 to form an LLC in New Mexico. New Mexico charges no recurring state report fee, so ongoing cost is just your registered agent.

Do I need a registered agent for my New Mexico LLC?

Yes, New Mexico requires every LLC to have a registered agent with a physical street address in the state. You can serve as your own agent for $0 if you have a New Mexico address and are willing to have it appear on the public record, or hire a commercial registered agent service for $100-$300/year.

Does New Mexico require an annual report for LLCs?

New Mexico does not charge a recurring report fee for LLCs, though you may still need to file other periodic documents or pay state business taxes.

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