No annual report
LLCs file no annual or biennial report with the Secretary of State. An LLC that elects to be taxed as a corporation pays New Mexico's $50 yearly corporate franchise tax.
State fee$0
DueNothing to file
With usNothing to file
NM · State guide
Form an LLC in New Mexico
New Mexico charges $52 to file an LLC by its default method (standard · online), and documents come back in about 3 days. Here is every filing option, what the state expects each year, and your first-year total with us.
State filing fee$52Standard · online · about 3 days
Fastest option3 daysStandard · online · $52
First year · Starter$401$349 plan + $52 state fee · ≈ ₹38,300
First year · Pro$1,051$999 plan + $52 state fee · adds Form 5472
State fees synced Sep 17, 2026 from our filing partner and charged at cost. Expedited methods add our $49 expedite fee.
Filing methods
Every way to file in New Mexico
The state sets the fee and the speed. We file by the method you pick and pass the fee through at cost.
| Method | Filed | State fee | Our expedite fee | Documents back in | First year · Starter |
|---|---|---|---|---|---|
| Standard | By mail | $50 | — | 10 days | $399 |
| StandardDefault | Online | $52 | — | 3 days | $401 |
| Expedited | By mail | $150 | + $49 | 8 days | $548 |
Every year after
What New Mexico expects each year
Forming is the easy part. These are the recurring obligations that keep the company in good standing.
Source: sos.nm.gov · checked Sep 17, 2026
Form 5472 + pro forma 1120
A foreign-owned single-member LLC files these with the IRS every year, even with no revenue.
DueApril 15
IRS penalty if missed$25,000
Filed for you onPro plan
Compare
Other states founders compare
Popular with founders outside the US. Each guide shows the full fee table and yearly obligations.
WY2 days
Wyoming
No state income tax and a low yearly cost. Popular with founders outside the US.
State fee$103
First year · Starter$452
DE3 days
Delaware
The state investors know best, with the Court of Chancery. Venture funds usually want a Delaware C-corp, not an LLC.
State fee$110
First year · Starter$459
FL3 days
Florida
Good if you'll operate in Florida; watch the $400 late fee.
State fee$125
First year · Starter$474
TX2 days
Texas
A large market with no personal income tax; the filing fee is higher up front.
State fee$310
First year · Starter$659
Guides & comparisons
Before you form in New Mexico
Side-by-side comparisons and plain-English guides, with the same live state fees.
Ready when you areForm your New Mexico LLC
Starter is $349 a year plus the $52 state fee at cost. EIN and registered agent included.
Form in New Mexico