The 4 Best LLC Services in New Mexico 2024
Establishing a limited liability company (LLC)? This business structure has specific benefits compared to others, including personal asset protection, flexible management and taxation options, and so on.
Hiring a professional business formation service can streamline the process. We’ve explored the best LLC services in New Mexico to help you determine which one is right for your new venture.
Recommended New Mexico LLC Formation Service: Northwest
Best New Mexico LLC Formation Services
Best LLC Services
HIGHEST CUSTOMER SATISFACTION
We reviewed and ranked the four best company formation services by actually forming separate New Mexico LLCs with each service provider.
In this business formation services review, we’ll explore some of the best New Mexico LLC services in 2024 and share what makes them the top choice.
Best LLC Services in New Mexico:
Northwest's incorporation service starts at just $29 plus state fees; it includes LLC filing, premium registered agent services, customer privacy protection, online document dashboard, free mail forwarding, and more.
Northwest is known for its top-notch customer service; they provide their clients with Corporate Guides, who are highly trained US-based support agents. Every customer gets a Corporate Guide assigned to their specific account, so you can talk to the same person if you have any questions or concerns.
- Positive customer reviews
- User-friendly online ordering process
- No hidden fees or “free trials” that cost money later on
- Professional US-based customer service representatives
- You’ll need to pay extra fees for important New Mexico company formation features such as an EIN. Another option is to get an EIN for free on your own.
Read our full Northwest Registered Agent review to learn more.
ZenBusiness is another excellent formation service to consider; it offers several different LLC formation plans to choose from. These packages range in price from $0*-$349 (plus state fees).
Small business owners who choose one of ZenBusiness’s paid plans can look forward to benefits such as expedited filing speeds, free website and email domains, and a customizable business website. The company’s $0* (plus state fees) package, meanwhile, serves as a great option for entrepreneurs on a budget.
- Rush filing that is completed in as little as 1-2 days
- Offers a Starter package that enables you to file your LLC for just the state fees
- Offers a 100% accuracy guarantee
- Worry-free compliance free first year (Auto-renewal price: $199/yr)
- More expensive than competitors
- Registered agent services not included for a year like other providers
Read our full ZenBusiness review to learn more.
3. Tailor Brands
Tailor Brands is one of our top recommendations for New Mexico entrepreneurs looking to launch a company. While Tailor Brands offers several LLC formation packages to choose from, it is the company’s Elite package (which costs $199 + state fees) that really stands out from the competition.
With the Elite package from Tailor brands, you can look forward to swift and reliable LLC formation services along with a number of helpful features designed to help you establish an online presence for your brand. This includes tools such as a logo maker, a website builder, a social media post maker, and many more.
- The Elite package includes a wide range of brand development tools
- Excellent customer reviews
- Responsive and helpful customer support
- Not as affordable as more basic formation services
Read our full Tailor Brands review to learn more.
4. Bizee (Formerly Incfile)
Bizee has been providing reliable LLC formation services for the better part of two decades. Today, Bizee offers several plans that are worth considering for New Mexico entrepreneurs, and these packages range in price from $0-$249 (plus state filing fees).
With one of the paid packages from Bizee, you can look forward to add-ons and services such as EIN registration, expedited filing, and a free business website (depending on the exact package that you choose).
- Provides a user-friendly dashboard for tracking the status of your company and keeping up with important deadlines
- Basic formation services are offered free of charge
- All Bizee packages include one year of free registered agent services
- Slow turnaround times is a common theme in many customer reviews
Read our full Bizee review to learn more.
How to Form an LLC in New Mexico
You can start an LLC in New Mexico on your own in five easy steps:
1. Name Your LLC
You won’t be able to form your enterprise until you actually name it. Be sure to follow the LLC naming rules that are outlined in the New Mexico naming requirements.
Then, make sure the business name you want isn't already taken by doing a name search on the State of New Mexico's website.
We also recommend using our LLC Name Generator tool to help secure a domain name for your venture.
2. Choose a Registered Agent
You are required to designate a registered agent for your New Mexico LLC, which is an individual or business entity in charge of receiving legal documents, government correspondence, and more on behalf of your company.
By creating an account through the New Mexico Secretary of State website, you’ll gain access to all the resources you need to appoint a registered agent.
Learn more by reading our guide on New Mexico registered agents.
3. File the Articles of Organization
To register your new venture, you'll need to file the Articles of Organization with the New Mexico Secretary of State. You can apply online. Additionally, you must file a Statement of Acceptance of Appointment by Designated Initial Registered Agent, which your registered agent must sign.
Learn more with our New Mexico Articles of Organization guide.
4. Create an Operating Agreement
An operating agreement is a legal document that outlines the ownership structure and operating procedures of your company.
Although an operating agreement is not required, it’s recommended. According to New Mexico Code Section 53-19-2(O), all members of an LLC may enter into a written operating agreement to regulate the internal affairs of the company.
You can read more about New Mexico LLC operating agreements in our full guide.
5. Get an EIN
You can think of an Employer Identification Number as a Social Security number for your LLC. Get one for free through the IRS website.
It costs $50 to form a New Mexico LLC online.
2 business days.
Some local resources to consider include city or county chambers of commerce, regional Small Business Development Centers (SBDCs), or local startup accelerators.
For more information, see our New Mexico Local Resources page.