Every state · NM
Forming an LLC in New Mexico from outside the United States.
Here's what New Mexico charges to form and keep a company, what it asks for every year, and what its public record shows about you. You'll also get a straight answer on whether a founder abroad should form here at all.
See why founders abroad choose Wyoming The New Mexico figures
01The figures
What does a New Mexico LLC cost to form and keep?
State fees for a domestic LLC filed online, checked against the New Mexico Secretary of State in September 2026.
- Filing fee
- $50
- Recurring charge
- None
- Processing
- Filings are made online only and are usually approved within a few business days
- Five-year state cost
- $50
No report and no recurring state charge
As the state publishes it
The filing fee and every state charge due in the first five years
State income tax
New Mexico taxes an owner's share of profit earned in New Mexico. A non-resident owner with no New Mexico activity generally owes none, and there's no franchise tax on LLCs.
The public record
The articles name the registered agent and the organizer. Members and managers are not required, and with no annual report they never have to be filed.
Checked September 2026 against the New Mexico Secretary of State. If a figure here has changed, email us and we'll correct it.
02The straight answer
Should a founder abroad form in New Mexico?
New Mexico is the one state that really competes with Wyoming for a founder abroad. It's $50 to form, there's no annual report or yearly fee at all, and the owners' names never have to go on a public filing. What Wyoming has that New Mexico doesn't is a long record as the home of companies owned from abroad, which is what a bank's compliance team looks for. If your bank and payment processor are already sorted, New Mexico is a reasonable choice. We don't file there because we'd rather know two states thoroughly than three less well.
New Mexico is right anyway when
- You want the lowest running cost and no owner on the public record, and your banking is already arranged
- You'll have staff, an office, a warehouse or property in the state
| New Mexico | WyomingWe file here | DelawareWe file here | |
|---|---|---|---|
| To file | $50 | $102.40 | $110 |
| Every year | None | $60 a year | $400 a year |
| Five years | $50 | $342.40 | $1,710 |
| Owners public | No | No | No |
| State income tax | New Mexico taxes an owner's share of profit earned in New Mexico | No personal or corporate income tax | No Delaware income tax on a company that doesn't do business in Delaware |
03What we would file instead
The same company, in Wyoming.
A Wyoming LLC costs $102.40 to file, keeps owners off the public record, and is the state banks and payment processors are used to seeing from founders abroad. Here's the whole first year, from the same price list checkout uses.
| WYOMING | Starter | StandardMost chosen | Premium |
|---|---|---|---|
| Our feeCharged once, when you confirm | $289 | $499 | $1,299 |
| Wyoming filing feePaid to the state, passed through at cost | $102.40 | $102.40 | Included |
| Due on the dayBefore any extras you choose | $391.40 | $601.40 | $1,299 |
| Then, every yearOur registered agent renewal and Wyoming's yearly charge | $179 | $309 | $1,059 |
Extras are optional and asked one at a time, each with its price. Filing yours ahead of our next batch costs $75. We email you before anything renews.
04Questions
Questions about a New Mexico LLC.
If yours is not here, email us at [email protected] before you order.
Both keep members and managers off the public record. New Mexico has no annual report at all, while Wyoming's costs $60 a year. Wyoming is much better known to banks and payment processors as a home for companies owned from abroad, and that usually matters more than the $60.
Yes. New Mexico, like every state, doesn't require an LLC's owners to be US citizens or residents. It does require a registered agent with a street address in New Mexico. New Mexico LLCs file no annual report and pay no annual fee.
It costs $50 to file, and nothing after that. Over five years that comes to $50 in state charges. A Wyoming LLC costs $342.40 over the same five years.
No. We file in Wyoming and Delaware only. For a founder outside the US, they're the two states worth being in, and we'd rather know two states well than fifty a little. If your business will have staff, an office, stock or property in New Mexico, it'll need to register there whichever state formed it, and we'll tell you so before you order.
05Every state
Every other state, with its figures.
Each state's filing fee and recurring charge, as published in September 2026. New Mexico is highlighted.
Ready when you are
Form it in the state that suits you.
Most founders abroad choose Wyoming for an LLC, or Delaware for a corporation that will raise money. The order form explains the trade-off where you choose.