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Online filings: In total, online filings for New Mexico LLCs take 1-3 business days. Since you can download your documents as soon as theyre approved, there is no extra transit time. What is LLC approval time? This is the total turnaround time to get your LLC approved from start to finish.
S-corporations, limited liability companies and other pass-through entities doing business in the state must file a New Mexico income tax return.
S-corporations, limited liability companies and other pass-through entities doing business in the state must file a New Mexico income tax return.

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Just follow these six steps, and youll be on your way. Name Your New Mexico LLC. Choose Your Registered Agent. Prepare and File Articles of Organization. Receive a Certificate From the State. Create an Operating Agreement. Get an Employer Identification Number.
Although fees vary by state when it comes to forming an LLC and keeping it in compliance, New Mexico is considered one of the best states to form an LLC in. This is because there is no annual fee.
At $50, New Mexico has one of the most affordable LLC filing fees in the country. But youll pay additional fees if you hire a company to help you form your LLC or act as your registered agent. These fees can vary greatly depending on the company and the services you choose.
What you Need to Know Before Forming your LLC. If we are just looking at the cost to form an LLC, Kentucky is going to be the cheapest state to form an LLC at $40 per LLC formation.
Delaware is the most popular state to file an LLC in because it has a strong reputation for being business-friendly and offers a fast filing process with increased protection for owners. Wyoming offers low fees and great tax benefits for people looking to start an LLC.

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