Business Information & Rankings

• The Milken Institute ranked New Mexico 14th in terms of key indicators for technology business success. (2004)
• New Mexico received a grade of “A” for both employment and infrastructure resources. (The Corporation for Enterprise Development, 2004)
• New Mexico ranked 5th as a State with the best chance of developing their economies through nanotechnology. (Lux Research, 2005)
• Albuquerque, New Mexico ranked 5th Best Place For Business and Careers. (Forbes, 2005)

Cost of Living Index

Crime Rate

New Mexico has the 41st lowest overall crime ranking in the U.S. (FBI, 2004)

Fees & Taxes

Business Inventory Tax
Business inventory is exempt.

Corporate Income Tax
New Mexico’s corporate tax structure consists of three brackets in which all income under $500,000 is taxed at 4.8%, income between $500,000 and $1 million is taxed at 6.4% and all income over $1 million is taxed at 7.6%.

Personal Income Tax
New Mexico’s personal income tax system consists of seven brackets and a top rate of 8.2% starting at an income level of $65,000.

Personal Property Tax
New Mexico is one of the 38 states that collect property taxes at both the state and local levels. New Mexico does not assess tax on intangible personal property.

State Sales and Use Tax
Base Rate: 5 %
Machinery Rate: 5 %

A credit is allowed against the gross receipts tax, compensating tax, or withheld income taxes due in an amount equal to the percent of the compensating tax rate applied to the value of qualified equipment incorporated into manufacturing operation in New Mexico.

Unemployment Insurance
New Mexico’s new employers’ rate is 2.0% for 4 years.

Didn’t find answer to your question? Email as at info@incparadise.com

Once your company is set up, you will need:

1. Tax ID (EIN) – free over the Internet or phone.
2. Yearly Requirements and Fees for North Carolina companies – Annual Reports must be filed with the State of North Carolina each year. For Corporations the due date is the 15th day of the third month following the close of the fiscal year. For LLCs, April 15th each year. Corporation fees $20 and LLC fees $200. Franchise fees are also due yearly. Call the office of taxation at 877-252-3052 to get fee schedule.
3. Company Minutes & Stock Certificates – are included in incorporation. You will have access to documents generated on your client account.

North Carolina additional services

• Registered Agent
• Annual Report
• EIN (Tax ID)
• More Additional Services

• Why North Carolina?
• North Carolina Registered Agent
• North Carolina Annual Requirements
• North Carolina Corporation Statutes: NCGS Chapter 55: North Carolina Business Corporation Act

• Why North Carolina?
• North Carolina Registered Agent
• North Carolina Annual Requirements
• North Carolina LLC Statutes: NCGS Chapter 57C: North Carolina Limited Liability Company Act

Pricing $89.00 per year, special for pre-pay $40 per year

Don’t get fooled by companies claiming the lowest price and increasing it later. Our pricing is very simple. We charge $89 per year. We also have few specials. Whenever you decide to pre-pay additional years you get them for $40/year.

Why you need a Registered Agent?

North Carolina State laws require business entities to maintain a Resident Agent in the state that you form your business. The agent’s name and office address are included in the Articles of Incorporation or Articles of Organization to give public notice of where to send important documents to your business entity.

If you need Registered agent in other State than North Carolina click here.
We offer Registered Agent service in all 50 States.

State Fee for changing North Carolina Registered Agent

Change of Registered Agent/Office for Corps & LLCs: $5.00; Resignation for Corps & LLCs: $0.00

Registered Agent Requirements

An individual who lives in North Carolina and whose business office is identical with the registered office. A domestic corporation or non-profit domestic corporation whose business office is identical with the registered office. A foreign corporation or non-profit foreign corporation authorized to transact business in North Carolina and whose business office is identical with the registered office.