Zero recurring state obligations. The only anonymous LLC state where ongoing cost is just registered agent renewal.
By Shafwan Ahmed, Operations & Fulfillment Lead, Anonymousllc.co
New Mexico does not require LLCs to file an annual report. This is codified in New Mexico Statutes § 53-19-65. There is no biennial report either. Once your Articles of Organization are filed and accepted, you have no recurring filing obligation with the state.
This is unique among anonymous LLC states. Wyoming requires a $60 annual report. Delaware requires a $300 annual franchise tax. Nevada requires a $200 Business License renewal and a $150 Annual List - $350/year combined.
| State | Annual state obligation | RA renewal | Total annual cost |
|---|---|---|---|
| New Mexico | $0 | $40 | $40 |
| Wyoming | $60 | $40 | $100 |
| Delaware | $300 | $40 | $340 |
| Nevada | $350 | $40 | $390 |
In Wyoming, if you miss your annual report, the state can administratively dissolve your LLC. In Nevada, failing to file the Annual List or renew the Business License triggers penalties and potential revocation. In New Mexico, there is nothing to miss. Your LLC remains in good standing as long as you maintain a registered agent.
If you are forming multiple LLCs - for example, one per rental property or one per business venture - the annual cost difference compounds. Five Wyoming LLCs cost $500/year in state obligations. Five New Mexico LLCs cost $0/year in state obligations. For holding company structures with many subsidiaries, New Mexico's lack of annual reporting makes it the clear cost leader.
An annual report is not only a fee. In most states it is a fresh disclosure. Wyoming's annual report, for example, asks you to confirm and update entity information every year, which keeps a recurring paper trail attached to your LLC. New Mexico removes that entirely. After your Articles of Organization are accepted, the state never asks you to file anything again. There is no yearly form, no renewal confirmation, and no annual moment where updated details can enter the public record.
For a privacy-first owner, fewer required filings means fewer opportunities for information to surface. New Mexico already keeps members and managers off the public formation record. Removing the annual filing removes the one recurring touchpoint where many other states re-collect data.
Maintaining a New Mexico anonymous LLC comes down to a single task: keep a registered agent on file. As long as your registered agent is active and reachable at a New Mexico address, your LLC stays in good standing indefinitely. There is no calendar of deadlines to track and no penalty schedule to worry about.
Compare that to the mental overhead elsewhere. Wyoming ties good standing to an annual report due on the first day of your formation anniversary month. Nevada requires both a Business License renewal and an Annual List, each with its own due date. New Mexico strips all of that away, which is why it is the lowest-maintenance anonymous LLC state in the country.
No. New Mexico requires no annual report and no biennial report for LLCs. This is codified in New Mexico Statutes § 53-19-65. Once your Articles of Organization are accepted, you have no recurring filing obligation with the state.
There is no annual filing to miss. Your LLC remains in good standing as long as you maintain a registered agent in New Mexico. This removes the administrative dissolution risk that exists in states with mandatory annual reports.
There is no annual report or franchise tax on the LLC entity, but New Mexico does levy state income tax on NM-source income. If your LLC earns income sourced to New Mexico, that income can be taxable at the state level. Consult a tax professional for your situation.
Registered agent renewal, which runs approximately $30 to $50 per year. That is the entire ongoing cost of keeping a New Mexico anonymous LLC alive and in good standing.
$347 total ($297 + $50 state). $0/year in state obligations.
WhatsApp the founder