Open a New Mexico LLC from anywhere in the world
The cheapest US LLC option. No annual report, no annual state fee and strong privacy.
New Mexico LLC overview
A New Mexico LLC is the most affordable way to maintain a US LLC long-term. New Mexico is one of the only US states with no annual report and no annual state fee for LLCs, which means after your initial formation your only ongoing cost is your Registered Agent. New Mexico also offers strong privacy, since member and manager names are not required in public filings. It is a popular choice for founders running lean online businesses, freelancers, and anyone who wants a US LLC without recurring state paperwork.
New Mexico LLC pricing
One flat package price. Everything below is included.
- Total package
- from $300 (all-in)
- State filing fee
- $50 (state)
What you get
- Company name availability search
- LLC registration in New Mexico with Articles of Organization
- EIN (IRS tax ID) with official confirmation letter
- New Mexico Registered Agent service for 1 year
- Business mailing address (Registered Agent's address) for 1 year
- Mail scanning service
- Initial Operating Agreement draft
- Free US business bank account opening assistance
- Stripe and PayPal setup guidance
- Lifetime support over WhatsApp and email
Timeline
Choose your New Mexico LLC package
Two simple, all-inclusive plans. No hidden fees.
LLC formation in New Mexico with all the relevant documents, plus Registered Agent service, business address and EIN with verification letter.
- New Mexico LLC formation with all relevant documents
- Registered Agent service (1 year)
- Business address. Free commercial address provided by the Registered Agent, or use your own
- EIN (IRS tax ID) with official verification letter
- All state and service fees included
Everything in Basic, plus your own unique New Mexico business address. Ideal if you want a dedicated mailing address for your LLC.
- New Mexico LLC formation with all relevant documents
- Registered Agent service (1 year)
- Unique business address in New Mexico (dedicated to your LLC)
- EIN (IRS tax ID) with official verification letter
- All state and service fees included
Why form your LLC in New Mexico?
New Mexico does not require LLCs to file an annual report. Less paperwork forever.
After formation there is no recurring state fee, only your Registered Agent.
Member and manager names are not required in the public Articles of Organization.
When you only count state-level fees, New Mexico is the cheapest US LLC to maintain.
A streamlined process and minimal compliance overhead.
New Mexico LLCs are accepted by major US fintech banks and payment processors.
Who is New Mexico best for?
- Solo founders running a lean online business
- Freelancers and consultants who want minimal paperwork
- Side projects, micro-SaaS and digital products
- Founders who want the cheapest possible long-term US LLC
Taxes and compliance
- No New Mexico annual report or franchise tax for LLCs.
- If you have New Mexico-sourced income, state income tax may apply.
- Federal IRS filings still apply for foreign-owned LLCs (Form 5472 + 1120).
- We can refer you to specialised US tax accountants if needed.
Ongoing New Mexico LLC requirements
New Mexico does not require an annual report or annual state fee for LLCs.
You must maintain a New Mexico Registered Agent at all times.
BOI filing and IRS Form 5472 + 1120 may apply depending on ownership.
How it works
Pick the New Mexico LLC plan that fits your goals.
Quick 5-minute form. We do the paperwork.
Receive formation docs, EIN and operating agreement.
New Mexico LLC: frequently asked questions
Is a New Mexico LLC really anonymous?+
New Mexico does not require member or manager names in the public Articles of Organization, which is why it is often called an 'anonymous LLC' state.
Why is New Mexico the cheapest US LLC?+
New Mexico is one of the only states with no annual report and no annual state fee for LLCs. After year one, your only state-level cost is your Registered Agent.
Can a non-US resident open a New Mexico LLC?+
Yes. There are no citizenship or residency requirements. The process is fully remote.
Will Stripe and PayPal accept a New Mexico LLC?+
Yes. New Mexico LLCs are accepted by Stripe, PayPal, Wise and major US payment processors when paired with an EIN.
Can I open a US bank account with a New Mexico LLC?+
Yes. Mercury, Relay, Wise and other US fintech banks accept New Mexico LLCs. We help with the application.
New Mexico vs Wyoming, which is better?+
New Mexico is cheaper long-term (no annual fees) and more private. Wyoming has slightly stronger asset protection and is more widely recognised. Both are excellent choices.
Are there hidden costs with a New Mexico LLC?+
No. The state filing fee is $50 and there is no annual report. After formation you only pay your Registered Agent.
Do I need a US address?+
No. We provide a New Mexico Registered Agent address for state purposes.
Do I have to pay US federal taxes?+
It depends on your activity. Foreign-owned single-member LLCs with no US trade or business often pay no US federal income tax but must file Form 5472 + 1120 annually.
How long does it take to form a New Mexico LLC?+
Standard formation takes 1 to 5 business days. The EIN typically takes another 5 to 15 days.
A few things to know
- State filing fees are billed separately and set by each state.
- Processing times depend on the state and the IRS and can vary.
- We cannot guarantee approval of any third-party bank or payment processor.
- We are not a law firm or accounting firm. Information is for general guidance only.