The full New Mexico LLC cost table
| Cost | Amount | Required? |
|---|---|---|
| New Mexico state filing fee | $50 one-time | Yes |
| Recurring state cost | None — no annual report | Yes |
| Registered agent | $0 as your own agent, or ~$125/yr for a service | Yes (one or the other) |
| EIN (federal tax ID) | $0 direct from the IRS | Usually |
| First-year total | $50 as your own agent · $175 with a service | — |
| Five-year total | $50 as your own agent · $675 with a service | — |
$50, once — and why that is the whole state bill
New Mexico's LLC fee schedule is not an agency price list; it is a section of the statute. NMSA 1978, § 53-19-63 instructs the Secretary of State to collect $50 'for filing the original articles of organization and issuing a certificate of organization', and then lists twelve more fees — amendments, mergers, dissolution, name reservations, agent changes, foreign registration — every one of them triggered by something you choose to do. There is no line for an annual report, because New Mexico does not have one for LLCs, and no franchise, privilege or licence tax on the entity. Our calculator's five-year figure for a New Mexico LLC acting as its own agent is therefore the formation fee and nothing else, which makes it the cheapest jurisdiction in the dataset alongside Montana's $35 formation and Arizona's $50. Filing is online only through the Secretary of State's business portal — the state stopped accepting paper business applications — and the Articles do not list members or managers, which is the privacy feature that draws out-of-state founders.
The cost the $0 hides: the agent
What New Mexico requires instead of a fee is an address. Under § 53-19-5 an LLC must continuously maintain a registered office and a registered agent in New Mexico, and the office must be a physical location where the agent can be found in business hours. A founder in Albuquerque can be their own agent for free. A founder in Texas, Florida or Dubai cannot — and since the appeal of a New Mexico LLC to non-residents is precisely that no member's name or address appears on the public record, using your own address would defeat the purpose even if the statute allowed it. So the realistic recurring cost of a New Mexico LLC formed from elsewhere is a commercial agent at roughly $125 a year (Northwest includes the first year in its $39 formation), and if the business also operates in your home state, a second agent and that state's foreign-registration fee on top. That is still cheaper than Wyoming at $60 a year plus an agent, and far cheaper than Nevada at $350 — but it is not zero, and the New Mexico guide compares the local agents by price.
The other cost: Gross Receipts Tax
New Mexico has no sales tax. It has something broader: a Gross Receipts Tax imposed on the business itself for selling property in New Mexico, leasing property used there, or performing services in New Mexico — and, unusually, for services performed outside the state whose product is first used inside it. The rate is a combined state, county and municipal figure that varies by location and now changes only each July; businesses pass it on to customers but must state it separately on the invoice. Two consequences for LLC cost planning. If the LLC actually does business in New Mexico, it must register with Taxation and Revenue for a Business Tax Identification Number (free) and file GRT returns — there is no minimum, and the Department is explicit that there are no deductions for business expenses. If the LLC does no business in New Mexico — the holding-company or privacy case — GRT does not apply, but remote sellers with $100,000 or more of taxable New Mexico receipts in the prior year are pulled in regardless of physical presence. The state's own overview is at tax.newmexico.gov.
Every New Mexico LLC fee, from § 53-19-63
The full list from the statute, checked September 12, 2026. New Mexico charges these only when the event happens; none is annual. Northwest's New Mexico guide reports that the online portal adds a $2 processing charge to the $50, $20 and $100 filings — the statute figures are what the state itself charges.
| Filing | Fee | Statute |
|---|---|---|
| Articles of Organization | $50 | § 53-19-63(A) |
| Annual report / franchise tax | None | No provision — LLCs file nothing recurring |
| Statement of change of registered office or agent | $20 | § 53-19-63(I); an agent's own change of address is also $20 (J) |
| Amended or restated articles | $50 | § 53-19-63(B) |
| Articles of merger, conversion or consolidation | $100 | § 53-19-63(C) |
| Articles of dissolution (or revocation of dissolution) | $25 | § 53-19-63(D) |
| Name reservation or transfer of reservation | $20 | § 53-19-63(H); 120 days |
| Foreign LLC registration | $100 | § 53-19-63(K); amendment $50, cancellation $25 |
| Certificate for any other purpose (incl. good standing) | $25 | § 53-19-63(E) |
| Written information on an LLC | $25 | § 53-19-63(F) |
| Plain copy of a document | $10 | § 53-19-63(G) |
| Certification of a document | $25 | § 53-19-63(G) |
| Expedited processing | Not offered | Online filings are processed in the order received, typically within days |
Two lines are worth a second look. The $25 dissolution is one of the cheapest in the country, and because there is no annual report there is no default-and-revocation cycle to avoid — a New Mexico LLC you stop using does not accrue fees the way a Delaware or California one does. And the $100 foreign registration is what an LLC formed elsewhere pays to do business in New Mexico; the Texas or California LLC that expands into Santa Fe pays it, the Texan who forms a New Mexico LLC to hold a rental in Austin pays Texas's $750 instead.
Our LLC cost calculator computes first-year and five-year totals for all 51 jurisdictions from the same verified dataset as this page — including New Mexico — and the full table is downloadable as CSV.