New Mexico LLC and Corporation Registration and Formation

Do you want to form a business in New Mexico? There are different types of businesses that you can choose from although the most common forms are business corporations and limited liability companies. Today, the “Land of Enchantment” as it is known is seeing a growth of new businesses and it is more so as the economy is strong and stable. A report by U.S. Bureau of Economic Analysis, 2016 revealed that the mining industry has made the highest contribution (almost 3.5%) to the Gross State Product (GSP) as the economy of the state grew by 3.1% in the period between 2010 and 2015.

The big question is how can you form a business in New Mexico business? There is a procedure that is followed and we as one of the top registered agents in New Mexico can assist you with the incorporation or LLC formation process. We will ensure successful set up of your business!

Let’s take a look at how you can incorporate or set up your business in New Mexico.

New Mexico LLC Registration and Formation

LLC company formation in New Mexico is governed by 2006 New Mexico Statutes – Article 19 — Limited Liability Companies, 53-19-1 through 53-19-74. The procedure for registration and formation of LLC is as follows:

Step#1: Maintain a registered agent

If you are planning to form a Limited Liability Company in New Mexico then you will be required to continuously maintain a registered agent in the state pursuant to Section 53-19-5 NMSA 1978. This law is applicable to domestic limited liability companies as well as foreign limited liability companies.

We would take this opportunity to share with you the fact that we are one of the top registered agents in the state and have been responsible for over 11,494 businesses set up in New Mexico. We can assist you to form a New Mexico business LLC.

Step#2: LLC Name Reservation

One of the foremost steps towards company formation in New Mexico is identifying a name for your business entity. The process is as follows:

Identify a name for your business entity
According to Section 53-19-3 NMSA 1978, the name should contain the phrase or words “limited liability company” or the abbreviations “L.L.C.”, or “LLC”.
The chosen name should be distinguishable and should not be deceptively similar to the name of any limited partnership, corporation, or limited liability company
Apply for reservation of name pursuant to the provisions of 2006 New Mexico Statutes – Section 53-19-4
Submit the form though mail or online with the Secretary of State, Corporation Department along with the applicable fee. An LLC can reserve its name for a period of 120 days.

Step#3: Articles of Organization and Application for Registration

If you are planning to form a business in New Mexico as an LLC then the most important step is to prepare and file the proper documents for a Limited Liability Company. The steps are as follows:

If you want to register a domestic LLC then you will be required to file “Articles of Organization” governed by Section 53-19-8 NMSA 1978.
If your business entity is a foreign LLC then you will be required to file “Application for Registration” pursuant to Section 53-19-47 to 53-19-56; NMSA 1978.
The application or documentation for registration of LLC can be filed with the office of the Secretary of the State, Business Services Division, in person or by mail.

We can file the form on your behalf as your registered agent in the state and provide you with certified copies of the LLC registration.

In case, you have any questions regarding how to form a business in New Mexico, feel free to call us on 702-871-8678.

New Mexico Corporation Registration and Formation

If you are planning to form a Corporation in New Mexico then the procedure for registration and formation is as follows:

Step#1: Maintain a Registered Agent

If you are planning to form a business or professional corporation in New Mexico then you will be required to continuously maintain a registered agent in the state pursuant to NM Stat § 53-6-7 (1996 through 1st Sess 50th Legis). This law is applicable to domestic as well as foreign corporations.

Step#2: Corporate Name Reservation

In order to form a corporation in New Mexico, one of the key steps is identifying a name for your business entity. The process is as follows:

Identify a name for your business entity
According to NM Stat § 53-6-6 NMSA 1978, a corporate name should contain the phrase or words “corporation”, “company”, “incorporated”, or the abbreviations “Corp.”, or “Inc.”
The chosen name should be distinguishable and should not be deceptively similar to the name of any limited liability company, limited partnership, or corporation
Apply for reservation of name pursuant to NM Stat § 53-11-8 NMSA 1978.
Submit the form though mail or physically at the New Mexico Secretary of State, Corporation Department along with the applicable fee. A business corporation can reserve its name for a period of 120 days.

Step#3: Articles of Incorporation and Certificate of Authority

If you are planning to form a corporation in New Mexico, then the most important step is to prepare and file the proper documents for a business corporation. The steps are:

If you want to register a domestic corporation then you will be required to file “Articles of Incorporation” pursuant to NM Stat § 53-12-1 to 53-12-6 (1996 through 1st Sess 50th Legis).
If your business entity is a foreign corporation then you will be required to file a “Certificate of Authority” pursuant to NM Stat § 53-17-5 to 53-17-6 NMSA 1978.
The application or documentation for registration of a corporation can be filed with the office of the New Mexico Secretary of State, Business Services Division, in person or through mail.

We can file the form on your behalf as your registered agent in the state and provide you with certified copies of the incorporation.

If you have any questions regarding New Mexico incorporation or LLC formation, you can simply visit the New Mexico Business formation page.

Order LLC now Order INC now