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New Mexico LLC Act: Full Reference

The New Mexico LLC Act (NMSA 1978 § 53-19-1 et seq.) governs the cheapest US anonymous LLC - $50 to form, no annual report, no annual fee. This Anonymousllc.co reference covers the Articles of Organization under § 53-19-65, the anonymity rules, the charging-order profile under § 53-19-35, banking trade-offs, and the $347 all-in cost, with primary-source citations to the statute throughout.

By Shafwan Ahmed, Operations & Fulfillment Lead · Updated May 2026
Primary source - New Mexico Limited Liability Company Act
NMSA 1978 § 53-19-1 et seq.

Codified at Chapter 53, Article 19 of the New Mexico Statutes Annotated 1978. § 53-19-65 governs Articles of Organization; the Act does not require member/manager disclosure.

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What is the New Mexico LLC Act and where is it codified?

The New Mexico LLC Act is codified at NMSA 1978 § 53-19-1 through § 53-19-74 and governs the cheapest US anonymous-LLC jurisdiction: a $50 state fee, no annual report, and no annual fee. The Act is shorter than Wyoming's or Delaware's but covers the same essentials. Its headline feature is what it omits. New Mexico is the only US state with no LLC annual report and no annual franchise tax, which is why its lifetime cost is the lowest of the four anonymous states. The Act's core provisions are § 53-19-65 for the Articles of Organization and § 53-19-35 for the charging order. New Mexico's strength is low-cost anonymity; its relative weakness is a less battle-tested asset-protection statute than Wyoming or Nevada. Anonymousllc.co forms a New Mexico LLC for $347 all-in ($297 service fee plus the $50 state fee).

What does NMSA § 53-19-65 require in the Articles of Organization?

NMSA 1978 § 53-19-65 requires the Articles of Organization to state the LLC name, the registered agent's New Mexico address, the principal office address, and the management structure - members and managers are not required. The filing fee is $50, the lowest of any anonymous-LLC state. Because the Articles omit any owner listing, no member or manager appears on the public record from the moment of formation. The organizer signs the Articles; the beneficial owners stay off the filing. Processing runs 5-15 business days at the New Mexico Secretary of State. Anonymousllc.co files under § 53-19-65 through its New Mexico registered-agent partner, so the owner never appears in the public record.

Sources
  • NMSA 1978 § 53-19-65 - Articles of Organization requirements

How does anonymity work under the New Mexico LLC Act?

New Mexico anonymity is the cleanest of the four states: no member or manager disclosure on the Articles under § 53-19-65, and no annual report to re-disclose ownership later. Formed once, an NM LLC never files owner information with the state again. The absence of an annual report is the structural key. In every other state, a yearly filing re-collects manager or member data; New Mexico has no such filing, so there is no recurring disclosure point. The only party tied to an NM LLC on public records is the registered agent - a commercial name and New Mexico street address. Beneficial owners live in the private operating agreement, the bank's records under BSA/CIP, and IRS records via the EIN responsible party.

Why does New Mexico require no annual report?

New Mexico requires no LLC annual report or annual fee because nothing in NMSA 1978 § 53-19 imposes a periodic filing - the requirement is absent by design. This makes New Mexico the only US state with zero ongoing state cost for an LLC. The practical result is that an NM LLC's only recurring cost is the registered agent (Anonymousllc.co bundles year one, then $100/year). There is no annual state fee, no franchise tax, and no annual report deadline to miss. This absence drives both the cost advantage and the privacy advantage: no annual filing means no annual disclosure and no annual fee. It is the single reason New Mexico beats Wyoming, Delaware, and Nevada on lifetime cost.

How does the New Mexico charging order protect members?

NMSA § 53-19-35 recognizes the charging order as a creditor's remedy, but the Act does not make it the exclusive remedy - a weaker asset-protection profile than Wyoming, Nevada, or Delaware. For asset-protection-first buyers, Wyoming is the safer pick. A charging order lets a creditor reach distributions the LLC makes to a debtor-member, without seizing the membership interest. Where a statute makes this the exclusive remedy, a creditor cannot foreclose on the interest; New Mexico's statute lacks that explicit exclusivity language. New Mexico also has fewer reported decisions interpreting its charging-order statute, which leaves more legal uncertainty in edge cases. For an online or passive business where litigation risk is low, this rarely matters; for high-asset litigation exposure, Wyoming's clearer statute is the stronger choice.

How much does a New Mexico LLC cost to form and maintain?

A New Mexico LLC costs $50 in state fees to form and $0 per year to maintain, plus the $100/year registered agent. Anonymousllc.co's all-in price is $347 ($297 service fee plus the $50 state fee), the cheapest of the four anonymous states. The $347 package includes the registered agent for year one, an operating agreement drafted to NMSA Chapter 53-19 defaults, the EIN, and 4-5 US bank applications. No annual report reminder is needed because New Mexico requires none. Compared with Wyoming ($397 plus a $60 minimum license tax), Delaware ($407 plus a $300 franchise tax), and Nevada ($722 plus about $350/year), New Mexico wins outright on both formation and lifetime cost. The only recurring line is the registered agent.

How hard is banking for a New Mexico LLC?

New Mexico LLCs face moderately harder banking than Wyoming because the state generates far fewer LLCs, so underwriters see it less. Mercury, Relay, and Bluevine all accept New Mexico LLCs, and Anonymousllc.co's 4-5 bank application workflow succeeds in over 90% of cases. Some traditional banks - Chase, Bank of America - want an in-person branch visit before opening an account for an NM LLC, which is impractical for non-residents. The neobanks that serve remote and non-resident founders do not. Anonymousllc.co mitigates the lower familiarity by submitting to 4-5 banks in parallel and sometimes adding one or two alternatives specific to New Mexico. A founder whose priority is banking compatibility can choose Wyoming instead, which the neobanks favor slightly.

How does New Mexico compare to Wyoming for anonymity?

New Mexico and Wyoming are equally anonymous on public records - neither requires member or manager disclosure - but they diverge on cost and asset protection. New Mexico is the cheapest path to anonymity; Wyoming is the strongest. New Mexico wins on price: $347 total plus $100/year, with no annual report, versus Wyoming's $397 plus a $60 license tax and annual report. For a budget-driven online business, New Mexico is the efficient choice. Wyoming wins on protection and banking: explicit charging-order exclusivity for single-member LLCs, a deeper body of case law, and slightly stronger neobank familiarity. Anonymousllc.co matches the state to the buyer - New Mexico for cost, Wyoming for protection.

How does Anonymousllc.co form a New Mexico LLC?

Anonymousllc.co files the Articles of Organization under § 53-19-65 through its New Mexico registered-agent partner, appoints the registered agent for year one, drafts the operating agreement, obtains the EIN, and submits 4-5 US bank applications. The all-in price is $347. The EIN is obtained online for US residents and by fax on Form SS-4 for non-residents, with no SSN required. Banking runs to Mercury, Relay, and Bluevine, sometimes with one or two New Mexico-specific alternatives added. No year-two annual-report reminder is needed because New Mexico has none; only the registered agent renews, billed before the LLC's anniversary. Start on WhatsApp and the team confirms scope and sends a one-page quote.

Authority sources

Government, regulator, and primary-source documents underpinning this page.

New Mexico SOS
New Mexico Secretary of State - Business Services
https://www.sos.nm.gov/business-services/
NM Compilation Commission
NMSA 1978 § 53-19-1 et seq. (NM LLC Act)
https://nmonesource.com/nmos/nmsa/en/nav.do

Related resources

Wyoming LLC Act: Full Text Reference
Delaware LLC Act: Full Reference
Nevada LLC Act: Full Reference

Frequently asked

NMSA 1978 § 53-19-1 through § 53-19-74. § 53-19-65 governs the Articles of Organization; the Act is in Chapter 53, Article 19 of the New Mexico Statutes Annotated 1978.
No. New Mexico is the ONLY US state with no LLC annual report requirement. There is no annual fee. The only ongoing cost is the registered agent ($100/year after year 1).
$50 state filing fee - the lowest of any anonymous-LLC state. Anonymousllc.co's all-in NM price is $347 ($297 + $50 state). Compare to Wyoming $397, Delaware $407, Nevada $722.
Equally anonymous on public records (no member/manager disclosure required). However, Wyoming has stronger asset-protection statutes (charging-order exclusivity for single-member LLCs). NM is the cheapest path to anonymity; WY is the strongest.
Yes. The NM LLC Act does not require US residency for members or managers. Anonymousllc.co forms NM LLCs for founders in 80+ countries. Banking is moderately harder than Wyoming but absolutely achievable through Mercury and Relay.
5 to 15 business days at the New Mexico Secretary of State. Anonymousllc.co files under § 53-19-65 with the LLC name, registered agent's NM address, principal office, and management structure. Members and managers are not listed on the Articles.
Under § 53-19-35 New Mexico recognizes the charging order as a creditor's remedy, but the Act does not make it the exclusive remedy. This is a weaker asset-protection profile than Wyoming, so asset-protection-first buyers should choose Wyoming instead.
Mercury, Relay, and Bluevine all accept New Mexico LLCs, and Anonymousllc.co's standard 4-5 bank application workflow succeeds in over 90% of cases. Some traditional banks like Chase and Bank of America want an in-person visit before opening the account.
New Mexico charges a $50 state filing fee and requires no annual report and no annual franchise tax under NMSA § 53-19. Combined with the $297 service fee, the all-in price is $347 - below Wyoming's $397, Delaware's $407, and Nevada's $722.
A default New Mexico LLC is a pass-through, so the entity files no separate income tax and profit flows to the owners' returns. New Mexico requires no annual report and no franchise tax, so the only recurring cost is the $100/year registered agent.
New Mexico is the cheapest at $347 all-in with $0 annual state cost. Wyoming is $397 plus a $60 license tax, Delaware $407 plus a $300 franchise tax, and Nevada $722 plus about $350/year. Only the registered agent recurs in New Mexico.

New Mexico LLC Formation - $297 + $50 state

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