How Long Does It Take to Form an LLC in New Mexico?
You can form an LLC in New Mexico by filing either online or by mail.
New Mexico LLC Processing Times
| Normal Processing Time | Expedited Processing Time | |
|---|---|---|
| New Mexico LLC by Mail | 15-20 business days | Not applicable |
| New Mexico LLC Online | 1-3 business days | Not available |
What is LLC processing time?
This is the time required for the state of New Mexico to review and process your LLC filing. Once approved, the state will mail your approved documents electronically.
Exclusive Offer!
Hire a Northwest Registered Agent to form your LLC for just $39 plus the state fee and receive a free year of Registered Agent service.
(Why is Northwest the best? Read our Northwest Registered Agent review)
New Mexico LLC Approval Processing Times
For online filings, New Mexico LLCs are approved for 1-3 business days. You can download your documents as soon as they are approved, so there is no additional transit time.
What is LLC approval time?
This is the total time required to get your LLC approved, including the processing and transit times for documents to and from the state.
Expedited LLC Processing in New Mexico
Online LLC filings in New Mexico are processed within 1-3 business days, so expedited options are not available.
What is the fastest method to form an LLC in New Mexico?
The fastest way to form an LLC in New Mexico is to file online yourself. This method offers the fastest approval time, as the filing system issues your LLC approval almost immediately.
Should I hire an LLC filing service in New Mexico?
Hiring an LLC filing service won’t speed up the approval process. Filing companies still need to wait for the state to approve your LLC.
Need to save time?
Consider hiring a professional to set up your LLC: Northwest Registered Agent offers LLC formation services starting at $39 plus the state fee.
(Find out why Northwest is the top choice for LLC formation)
However, the advantage of hiring a filing company is not to speed up LLC approval, but to have someone handle the paperwork for you and ensure it is filed correctly.
Frequently Asked Questions
How much does an LLC cost?
| Requirement | Cost |
|---|---|
| LLC Name | $0 |
| Registered Agent | $0 or $125 per year |
| Articles of Organization | $50 |
| Operating Agreement | $0 (free on our site) |
| EIN Number | $0 (free to the IRS) |
| Annual Report | $0 |
| Taxes | varies (filed and/or paid every year) |
For further details on LLC expenses, Explore the specifics of LLC costs in New Mexico.
How to start an LLC in New Mexico?
To start an LLC in New Mexico, follow these steps:
- Choose an LLC Name
- Select a Registered Agent
- File the Articles of Organization
- Create an Operating Agreement
- Get an EIN
- Register for a New Mexico Tax ID Number
For more information, see our detailed overview on starting an LLC in New Mexico.
How long does it take to get an LLC in every state?
The processing time for an LLC can vary by state. Faster processing in one state might not necessarily be beneficial if you need to register your LLC as a foreign LLC in your home state. Be sure to consider all factors, including where you live and conduct business, before deciding on the state of formation.