New Mexico LLC Cost (2026): Filing Fee + Annual Fees
Forming an LLC in New Mexico costs $50 to file, plus no recurring state fee (no annual report). One of the few states with no annual report and no recurring fee, which makes it popular for low-maintenance LLCs. That works out to about $50 in the first year and roughly $50 in state fees over five years (filing plus recurring), before a registered agent or any taxes. These are 2026 estimates of published state fees — not legal or tax advice. Verify with the New Mexico Secretary of State.
Source: New Mexico Secretary of State. Data as of 2026-06-14.
New Mexico LLC fee breakdown
| Cost item | New Mexico |
|---|---|
| State filing fee (Articles of Organization) | $50 |
| Recurring state fee | None (no annual report) |
| Annualized recurring cost | $0/yr |
| Filing agency | New Mexico Secretary of State |
Source: New Mexico Secretary of State. Data as of 2026-06-14.
Estimate your total New Mexico LLC cost
The state fees above are only part of the picture. Add an optional registered agent and one-time extras to estimate your real first-year cost in New Mexico:
New Mexico LLC cost over time
| Item | Estimated cost |
|---|---|
| First-year state cost | $50 |
| Each following year (state fee) | $0 |
| 5-year state cost (filing + recurring) | $50 |
Source: New Mexico Secretary of State. Data as of 2026-06-14.
What the recurring New Mexico fee covers
One of the few states with no annual report and no recurring fee, which makes it popular for low-maintenance LLCs.
New Mexico does not charge a recurring report fee, but you may still owe state income, franchise or other business taxes depending on your activity. Confirm with the New Mexico Secretary of State and a tax professional.
Frequently asked questions
How much does it cost to form an LLC in New Mexico?
Forming an LLC in New Mexico costs $50 to file the Articles of Organization with the New Mexico Secretary of State, plus no recurring state fee. One of the few states with no annual report and no recurring fee, which makes it popular for low-maintenance LLCs. These are estimates of published state fees — verify with the New Mexico Secretary of State.
Does New Mexico have an annual LLC fee?
No. New Mexico has no annual report, so there is no recurring state fee to keep the LLC active (other taxes may still apply).
Do I need a registered agent for a New Mexico LLC?
Yes. Like every state, New Mexico requires your LLC to name a registered agent with a physical address in the state. You can act as your own agent for free, or hire a commercial registered-agent service for roughly $50–$300 per year. See do I need a registered agent?
Where do I verify New Mexico LLC fees?
Check the current fees with the New Mexico Secretary of State. The figures here are 2026 estimates compiled from a consolidated source and the state agency — confirm before you file.
Compare with other states
See how New Mexico stacks up in the national LLC cost comparison, or jump to a nearby state:
- Pennsylvania LLC cost — $125 to file, $7/yr (annual report)
- Vermont LLC cost — $155 to file, $45/yr (annual report)
- Alaska LLC cost — $250 to file, $100 every 2 years (biennial report)
- District of Columbia LLC cost — $99 to file, $300 every 2 years (biennial report)
- Iowa LLC cost — $50 to file, $30 every 2 years (biennial report)
- Michigan LLC cost — $50 to file, $25/yr (annual statement)
Estimate, not legal or tax advice. New Mexico LLC fees are 2026 estimates compiled from a consolidated source and cross-checked against the state agency; they may lag a recent change. Always verify with the New Mexico Secretary of State before filing. See our methodology and disclaimer.
Last updated: 2026-06-14