A New Mexico LLC costs $50 to file with the Secretary of State. There is no annual report fee and no state franchise tax for LLCs. New Mexico does not list members or managers on publicly searchable records. This 2026 guide covers formation mechanics, New Mexico tax treatment, registered agent duties, and how the state stacks up against Wyoming, Delaware, and Nevada.
A New Mexico LLC is a limited liability company formed under New Mexico statute through the New Mexico Secretary of State for a $50 state filing fee. It is one of four US states that keep member and manager names off the public record. The state capital is Santa Fe, and the Secretary of State accepts Articles of Organization online within 1-3 business days. New Mexico does not offer statutory series LLCs, so each business needs its own separate entity. What sets New Mexico apart is the combination of a $50 filing fee, permanent owner anonymity, and no annual report - the cheapest anonymous LLC to maintain in the country.
A New Mexico LLC costs $347 all-in through Anonymousllc.co: a $297 service fee plus the $50 New Mexico state filing fee. That single price covers the state filing, registered agent for year one, the operating agreement, the EIN, and four to five US bank applications. New Mexico is the cheapest of the four anonymous states because it charges no annual report and no annual state fee. From year two onward, the only recurring cost is the $100/year registered agent renewal. There are no hidden upsells behind the $347 number, and the same flat $297 service fee applies across every state Anonymousllc.co files in.
Yes. New Mexico is one of four US states that keep members and managers off public state records, so the owners of a New Mexico LLC stay private. Only the registered agent appears on the public filing. The Articles of Organization ask for the registered agent and registered office, not the names of the people who own the company. Anonymousllc.co acts as organizer and registered agent, so a founder's home or business address never reaches the Secretary of State database. For buyers whose top priority is keeping ownership off public records, the four anonymous states - Wyoming, New Mexico, Delaware, and Nevada - are the standard answer, and New Mexico is the cheapest of them.
A New Mexico LLC is fully operational in 5-10 business days end-to-end with Anonymousllc.co. The state accepts the Articles of Organization within 1-3 business days, the EIN follows 5-7 days after filing for non-residents, and bank approval lands 8-10 days after the EIN. The process runs in parallel wherever it can. Day 0 is a 5-minute WhatsApp intake, and Anonymousllc.co files the Articles the same day. US-resident founders receive the EIN in about a day through the IRS online portal; non-resident founders receive it in 5-7 days by fax. Bank applications go out to four or five partner banks at once, so approval does not wait on a single institution.
No. New Mexico requires no annual report and charges no annual state fee, which makes it unique among the four anonymous states. A New Mexico LLC never files a yearly state form and never pays a recurring state charge. This is the single biggest reason founders pick New Mexico for a long-hold entity. Wyoming charges a $60 annual license tax, Delaware charges a $300 franchise tax, and Nevada charges around $350 a year for its annual list and business license. In New Mexico, the only ongoing cost is the $100/year registered agent renewal, so the entity stays in good standing with almost no maintenance.
A New Mexico LLC is a pass-through entity by default: the IRS treats a single-member LLC as a disregarded entity and a multi-member LLC as a partnership. New Mexico personal income tax reaches 5.9%, but only on New-Mexico-sourced income. An LLC with no New-Mexico-sourced income owes no New Mexico state income tax. Owners can elect S-corporation treatment by filing IRS Form 2553 to reduce self-employment tax once net income clears roughly $40,000-$60,000. Non-resident owners of a foreign-owned single-member LLC file Form 5472 with a pro-forma 1120 each year, and owe no US federal income tax on income that is not effectively connected to a US trade or business.
Yes. Every New Mexico LLC must maintain a registered agent with a physical New Mexico street address to receive legal service and state mail. Anonymousllc.co provides New Mexico registered agent service at $100/year, included for year one in the formation package. The agent forwards state notices and any legal service the same day it arrives. Using a commercial agent keeps the founder's home or business address off the Secretary of State database, which is the practical mechanism behind New Mexico LLC privacy. A PO Box does not qualify - New Mexico requires a real street address staffed during business hours. See /new-mexico-registered-agent/ for the full service.
Yes. New Mexico does not file the operating agreement with the state, but every US bank requires it to open an account and courts examine it in liability disputes. It is the document that proves who owns and controls the LLC. Anonymousllc.co includes a New Mexico-specific operating agreement tailored to New Mexico statute with every formation package. It sets out ownership percentages, management structure, capital contributions, profit distribution, and transfer rules. A single-member LLC still needs one: without it, the liability shield is weaker and banks decline the account.
Yes. Non-US residents form New Mexico LLCs without an SSN, ITIN, or visa, and never need to visit the United States. New Mexico places no citizenship or residency condition on LLC ownership. Anonymousllc.co files the Articles, obtains the EIN by fax without an SSN, provides the New Mexico registered agent and address, and submits US bank applications remotely. The founder handles the entire process from abroad over WhatsApp. This is a common Anonymousllc.co use case: a non-resident founder who needs a US LLC, US EIN, and US bank account without travel, at the lowest ongoing cost of any anonymous state.
New Mexico is the cheapest anonymous state at $347 all-in with no annual report; Wyoming is $397 with a $60 annual license tax, Delaware is $407 with a $300 franchise tax, and Nevada is $722 with roughly $350 a year in ongoing list and license fees. All four keep owners off public state records, so the choice comes down to cost and reputation. New Mexico wins on total lifetime cost because nothing recurs except the registered agent. Wyoming wins on banking ease and case-law reputation, which is why many founders still choose it despite the higher price. Delaware suits founders raising venture capital, and Nevada suits those who value its separate business-court system.
A New Mexico LLC suits founders who want owner privacy and the lowest possible ongoing cost, especially non-residents running online, consulting, e-commerce, or holding-company businesses with no New-Mexico-sourced income. It is the cheapest anonymous state to maintain. The profile that fits best is a founder who plans to hold the entity for years and wants near-zero yearly upkeep - no annual report, no franchise tax, just a $100/year registered agent. Founders who need frequent in-person US banking or who are raising venture capital lean toward Wyoming or Delaware instead. For a lean, private, low-maintenance US LLC, New Mexico is the standard pick.
No. New Mexico does not offer statutory series LLCs, so each business line needs its own separate LLC. Founders who want to isolate multiple ventures form multiple entities rather than one series structure. A series LLC lets an owner create protected cells under a single parent entity in the states that allow it. New Mexico is not one of those states. The practical effect is that a founder running two distinct businesses forms two New Mexico LLCs, each at $347 all-in, rather than adding series under one filing. For most single-business owners, this makes no difference.
5-minute WhatsApp intake. 5-10 day turnaround.