Home
Forms Library
New mexico corporation form

New mexico corporation form 2025

new mexico corporation form Preview on Page 1

See details

4.2 out of 5

56 votes

The document is a template for the annual minutes of a New Mexico Professional Corporation, detailing the procedures for conducting annual actions by unanimous written consent of shareholders and directors in lieu of a formal meeting. It includes sections for the election of directors and officers, approval of prior actions, payment of expenses, and filing of consent, all in accordance with the New Mexico Business Corporation Act.

Here's how it works

01. Edit your form online

Type text, add images, blackout confidential details, add comments, highlights and more.

02. Sign it in a few clicks

Draw your signature, type it, upload its image, or use your mobile device as a signature pad.

03. Share your form with others

Send it via email, link, or fax. You can also download it, export it or print it out.

How to use or fill out New Mexico Corporation Form with our platform

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

Click ‘Get Form’ to open the New Mexico Corporation Form in the editor.
Begin by entering the 'Name of Corporation' at the top of the form. Ensure this matches your registered business name.
In the section titled 'Annual Minutes for Shareholders and Directors', provide details about actions taken by shareholders and directors. This includes a brief description of any resolutions passed.
For 'Election of Directors', list each director's name and address. Remember, you must have at least one director listed.
Next, in 'Election of Officers', fill in the names of elected officers such as President, Vice-President, Secretary, and Treasurer.
Review the 'Payment of Expenses' section to confirm approval for corporate expenses by the Secretary.
Finally, ensure all shareholders and directors sign where indicated to validate the document before saving or exporting it.

Start using our platform today to streamline your document editing and signing process for free!

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

At what income level is an S Corp worth it?

Examples of S Corp tax savings You need to earn at least $40,000 in profit for an S Corp to make sense, though. Otherwise, the costs of forming and running it exceeds the benefits of an S Corp. Here are some charts that show the tax savings for businesses with $40,000, $80,000, and $100,000 in profit.

How to register a corporation in New Mexico?

To register a Corporation or a Partnership, you must print and complete the appropriate form and mail in the form with the required fee to the New Mexico Secretary of State. Select the appropriate link on this page for specific information on registering each business structure.

How long does it take to get approved for S Corp?

Processing the S-Corp election typically takes about 60 days from the date the IRS receives your Form 2553 (Election by a Small Business Corporation). However, processing times can vary depending on factors like the time of year and IRS workload.

How much does it cost to incorporate in New Mexico?

Filing your Articles of Incorporation on the website is faster, more secure, and is the preferred method by the Secretary of State. The fee for filing your New Mexico Articles of Organization costs $50.

What is the tax rate for S Corp in New Mexico?

New Mexico corporate income tax All corporations in New Mexico are charged a corporate income tax for doing business in the state. New Mexicos corporate income tax rate in 2023 is 4.8% of a businesss net income below $500,000. Income over $500,000 is taxed at a 5.9% rate plus an additional $24,000 fee.

Can I set up an S Corp myself?

Yes, one person can form an S corporation and serve as its sole board member and employee. Note, however, that youll still need to hold annual board of directors meetings and take minutes at those meetings, even if youre the only attendee.

What is a RPD 41359 form?

Pass-through entities (PTEs) that are required to withhold and pay New Mexico pass-through entity withholding tax on a non-resident owners share of net income allocable to New Mexico under the Oil and Gas Proceeds and Pass-Through Entity Withholding Tax Act must annually submit this form, RPD-41359, Annual Statement

How do I form an S Corp in New Mexico?

How to Set Up an S Corp in New Mexico Step 1 Choose a Name. Step 2 Choose a Registered Agent. Step 3 Choose Directors or Managers. Step 4 File Formation Documents with the New Mexico Secretary of State. Step 5 Apply for S Corp status with IRS Form 2553.

New mexico corporation form 2025

Here's how it works