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Is registering a DBA required in New Mexico? No. New Mexico doesnt register DBAs, nor does it require DBAs to be listed on any state or local business license or tax forms. However, most state and local forms do feature a section where you can list your DBA alongside your legal business name.
Although New Mexico doesnt have a general business license requirement, you do have to register with the Taxation Revenue Department and get a New Mexico Tax Identification Number. This state tax ID is required to do business in the state, and is different from your LLCs federal EIN number.
How to form a New Mexico LLC in 6 steps Choose your business name. The first step is to choose a business name for your LLC. Appoint a registered agent. File articles of organization. Create an operating agreement. Obtain an EIN and open a business bank account. Register for state taxes and business licenses.
New Mexico does not require LLCs to file an annual report. New Mexico imposes a franchise tax on LLCs if they paid federal income tax. The franchise tax is filed along with the state income tax, and is due by the 15th day of the third month following the close of the tax year. The fee is $50.
Yes you can have a LLC without a business as well. There is no problem with that.
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New Mexico doesnt have a general business license for LLCs, so there are no fees there. And although New Mexico requires every business to register for a state tax ID number with the Taxation Revenue Department, theres no fee to file the application.
All single-member LLCs in New Mexico are taxed as a sole proprietorship. The owner is expected to report income tax on federal Form 1040 and a state personal income tax return Form PIT-1. Single-member LLC owners must pay estimated taxes throughout the year based on their expected income and profit.

new mexico business registration form