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With the 36th largest population in the United States, New Mexico services both large and small businesses. New Mexico's major industries include retail, construction, and technology. Regardless of your industry, we can help you take advantage of New Mexico's business services.
Forming a Corporation in New Mexico
Each state has its own set of rules for businesses seeking to form a corporation there. If you've decided to incorporate in New Mexico, incorporate.com will take care of all the details. We'll research the availability of your company name and help you prepare and file your Articles of Incorporation with the New Mexico Public Regulation Commission. We can also assist with many of your follow-up needs such as amendment filings, written consents, and annual report preparation and filing.
Here are some helpful facts about New Mexico's incorporation requirements:
Corporate Name Requirements
New Mexico requires corporations to have names that can't be confused with any domestic or authorized foreign corporation or reserved or registered name. When you incorporate with incorporate.com's help, we?ll research your company name to make sure it meets New Mexico's standards.
Permitted designations: New Mexico corporate names may be followed by several approved designations, including:
Remember, when you work with incorporate.com, we'll take care of your incorporation filing for you. This information is presented only for your reference.
Required documents: The state of New Mexico requires businesses to file Articles of Incorporation as well as a Statement of Acceptance of Appointment by Designated Initial Registered Agent.
Turnaround time: In general, turnaround time for incorporating a business in New Mexico is 10-15 business days.
Follow-up filings: Required. Newly formed corporations must file an initial Profit Corporate Report within 30 days of incorporation.
Minimum number: Corporations are required to have one or more directors.
Appearance in articles: Required. Directors' names and addresses must appear in the Articles of Incorporation.
Written consent: Permitted. Directors may act in writing in lieu of holding a meeting.
Principal office location
New Mexico permits a corporation's principal office to be located outside of the state.
Time to file: Corporations must file annual reports with the New Mexico Public Regulation Commission on or before the last day of the month that marks the anniversary of incorporation.
Turnaround time: Turnaround time at the state is within 24 hours.
Signatures: Filing is done online only. Corporations may authorize signatories.
Filing extensions: Not permitted.
Forming an LLC in New Mexico
Each state has its own set of requirements for businesses that plan on forming a Limited Liability Company (LLC) there. If you decide to form an LLC in New Mexico, incorporate.com will take care of all the details. We'll research the availability of your company name and help you prepare and file your Articles of Organization with the New Mexico Public Regulation Commission. We can also take care of many of your company's follow-up needs, including annual report preparation and filing.Here are some helpful facts about New Mexico's LLC requirements:
LLC Name Requirements
New Mexico requires Limited Liability Companies to have names that can't be confused with any domestic or foreign LLC, LP or corporation or any name reserved with the Public Regulation Commission. When you form your LLC with incorporate.com's help, we'll research your company name to make sure it meets New Mexico's standards.
Permitted designations: New Mexico LLC names may be followed by several approved designations, including:
- LTD. Liability Company
- Limited Company
- Limited Liability Co.
- Limited Liability Company
- Ltd. Liability Co.
Required documents: Companies that wish to form an LLC in New Mexico must file Articles of Organization and Statement of Acceptance of Appointment by Designated Initial Registered Agent. Remember, when you work with incorporate.com, we'll take care of this filing for you.
Turnaround time: In general, turnaround time for forming an LLC in New Mexico is 10-15 business days.
Follow-up filing: Not required.
Minimum number: LLCs are required to have one or more managers/members.
Principal Office Location
New Mexico permits an LLC's principal office to be located outside of the state.
Get New Mexico Business Licenses
Before your business can legally begin to operate, you must satisfy its license, permit, and tax registration requirements. Almost all state, county, and local governments require businesses to obtain one or more licenses and permits. Additionally, selling taxable goods and services or hiring employees requires that you register with tax authorities. All business license, permit, and tax registration requirements vary by your industry and location.
Examples of possible licenses required in New Mexico:
- Alcohol License
- Engineers License
- Public Utilities License
Too busy to research your licensing requirements? We can help.
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