Register a company in New Mexico

Yes, though in practice someone in the US handles the portal. Filing is online only, and the Secretary of State generally blocks its website for visitors from foreign countries; from abroad, the office helps by email at Business.Services@sos.nm.gov, and direct access may not always be possible. We file through the portal from the US. The EIN needs no SSN: international applicants can call the IRS on 267-941-1099 (not toll-free) or send the SS-4 by fax or mail.

Formation starts from $2,400 all-in, including the New Mexico filing fee ($50), the registered agent for the first year, the EIN and the operating agreement. With a fintech or bank account set up, from $4,400. After that, a New Mexico LLC files no annual or biennial report with the Secretary of State. A corporation pays the $50 franchise tax each year and files a $25 corporate report every two years; our renewal starts from $600 a year.

Not through the articles. They must name the registered agent and the registered office, and they need not name the members. Commenting on a 2023 bill, the Secretary of State's office put it plainly: under current law an LLC can be created 'merely by listing a registered agent', who may or may not be a member. That bill, SB 209, would have added each member's name and address to the articles, and it died. The Secretary of State does not collect beneficial ownership information either. The IRS still learns who the responsible party is from the SS-4.

The Secretary of State's filing guide gives no processing time; the portal emails the filer once its review is done. Whether a paid expedite is available today, and what it costs, we confirm before filing. A faxed EIN application generally comes back within 4 business days; by mail, allow about 4 weeks. If you also need an ITIN, the IRS says to allow 7 weeks, and it can take 9-11 weeks if you apply from overseas.

It depends on the entity. A C-Corp pays 21% federal and 5.9% New Mexico tax on taxable income, plus the $50 franchise tax, and dividends to a non-resident owner carry 30% withholding unless a treaty or the Code lowers it. A single-member LLC is disregarded for federal income tax, though a foreign-owned one still files Form 5472 with a pro forma 1120. A multi-member LLC doing business in New Mexico files a state pass-through return and withholds tax from each non-resident owner's share of net income; it may also elect, year by year, to pay the tax itself at the higher of the personal or corporate rate, currently 5.9%. Any company doing business in the state also deals with gross receipts tax.

It is New Mexico's tax on a business's receipts, and the law imposes it on the business, not on the buyer. Businesses commonly pass it on, and then it must appear as a separate line on the invoice. The state rate is 4.875%; counties and cities add their own, and the rate generally follows where the goods or the product of a service are delivered, with exceptions such as professional services. A seller with no physical presence in the state owes it once it had at least $100,000 of taxable gross receipts in the previous calendar year. Rates can change on 1 January and 1 July.

Through the Company + Bank Account pack. We choose between a fintech platform and a traditional bank on the strength of your file: an application for Mercury- or Relay-class platforms, or a traditional bank where you have a US footprint. ACH, wires and Stripe onboarding are set up as part of the work. The bank or platform decides every application itself.

For a holding or service company run from abroad, we usually start from the LLC: no state annual report, no member list required in the articles, and pass-through treatment federally, with Form 5472 if a single foreign owner holds it. If you plan to sell shares to investors, the C-Corp is the vehicle: 21% federal plus 5.9% state tax, the $50 franchise tax and a $25 report every two years, with an articles fee of $100 to $1,000 depending on authorised shares. An S-Corp is closed to you, since non-resident aliens cannot be S-Corp shareholders.

No. FinCEN's final rule took effect on 14 August 2026 and made the March 2025 exemption permanent: companies formed in a US state, foreign-owned ones included, file no BOI report. Only companies formed abroad that register to do business in a US state still report, and only their foreign beneficial owners. The Secretary of State does not collect beneficial ownership information either.

Yes, after registering. In state law a 'foreign' LLC is one formed in another US state; the word says nothing about where its owners live. It registers with the Secretary of State before transacting business here; the fee is $100. An out-of-state corporation applies for a certificate of authority instead, at $1 per 1,000 authorised shares represented in New Mexico, from $200 to $1,000. Either kind registers with the Taxation and Revenue Department too if it does business here.