File · budget · verify
New Mexico LLC costs
Start with the quoted state fees. Check the missing pieces before you file.
Partly verifiedQuoted-fee subtotals · 1 and 3 years
- 1-year quoted-fee subtotal
- $50
- 3-year quoted-fee subtotal
- $50
Formation + quoted recurring fees with a verified schedule. Excludes publication, variable taxes, extra filing charges and optional services. These are subtotals, not a complete startup budget.
By the DollarScout team · Updated · Methodology · How we make money
State fees, with the evidence
Year 1 is the formation year. Open a row’s source text for conditions and the exact quote.
| Filing or obligation | Fee / rule and source |
|---|---|
| Formation filing | Show the source text$50 Official source (opens in a new tab) ↗Checked Oct 30, 2026Limited Liability Company (LLC) $50.00 https://portal.sos.state.nm.us/BFS/online |
| Recurring obligations | |
| Franchise / privilege tax rule | Show the source text$50 Rule: Conditional corporate franchise tax. The saved page discusses corporations and includes LLCs taxed as corporations in the corporate-income-tax scope; it does not establish a universal tax for an ordinary LLC. Official source (opens in a new tab) ↗Checked Oct 30, 2026A corporation that has, or exercises, its corporate franchise in New Mexico is subject to the Franchise Tax, even if the corporation is not actively engaging in business in New Mexico or owes no New Mexico Corporate Income Tax. Taxpayers must use form CIT-1, Corporate Income and Franchise Tax Return to report the $50 annual Franchise Tax. Applicability Evidence Official source (opens in a new tab) ↗Checked Oct 30, 2026 New Mexico imposes its corporate income tax on the net income of every domestic corporation and every foreign corporation that: Is employed or engaged in the transaction of business in, into, or from this state, or Has income from property or employment within this state. A “corporation” is a: Corporation; Joint stock company; Real estate trust organized and operated under the Real Estate Trust Act; Financial corporation; Bank, or other business association; or Limited liability company or partnership taxed as a corporation under the United States Internal Revenue Code. |
| Publication requirement | |
| Expedite options | |
| Processing note |
Build your New Mexico estimate
Use the same math as our LLC cost calculator. Add your own agent and formation-service quotes.
3-year quoted-fee subtotal
$50
Formation + quoted scheduled obligations + your optional quotes.
- Year 1$50Formation filing fee
- Year 2$0No quoted fee scheduled
- Year 3$0No quoted fee scheduled
Unknown charges, variable taxes, publication and expedited filing are excluded. Review the state’s fee evidence.
What to verify
- Confirm the current formation fee and any payment, name-reservation or initial-report charges with New Mexico Secretary of State, Business Services Division.
- Confirm recurring reporting frequency, your first due date and any tax or publication obligations that apply to your business.
- Review each item marked not verified yet. Get a quote for variable and conditional charges before treating this subtotal as your budget.
- Keep provider subscriptions, agent renewals and state processing times separate.
Choosing a filing service?
Compare published plans, registered-agent billing, renewal conditions and refund policies, with links to each provider’s evidence.
Neighbouring states
Costs are one part of deciding where to form. Check your obligations where your business operates.