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New Mexico Secretary of State

How Much Does a Corporation Cost in New Mexico?

Forming a corporation in New Mexico means filing the Articles of Incorporation with the New Mexico Secretary of State. The calculator below separates official government fees from estimates, and fixed costs from variable ones.

Entity type
LLCCorporation

An S corporation is a federal tax election, not a state entity type — both LLCs and corporations may qualify for it.

Registered agent

First-year government fees — New Mexico Corporation

$100

First-year government fees for a New Mexico Corporation: $100

Official state fees

Articles of Incorporation filing fee (minimum)$100

Ongoing fixed fees

Biennial corporate report feeDue every two years by the 15th day of the third month after the corporation's fiscal year end (an initial report is also due shortly after incorporation)$25 / 2 yrs

≈ $12.50/yr annualized for comparison — actual payment schedule shown above.

Five-year outlook

Fixed government fees (5 yrs)$150
Estimated total (5 yrs)$150

Educational estimate based on official fee schedules verified July 12, 2026 — not legal or tax advice. Fees, rules, and processing times change; confirm with the state or a qualified professional before relying on them.

The numbers behind this page

Every figure comes from the typed data record for New Mexico, verified July 12, 2026 against the sources listed at the bottom of this page.

Formation fees — New Mexico Corporation
FeeAmountScheduleType
Articles of Incorporation filing fee (minimum)

Minimum, based on authorized shares ($1 per 1,000 shares, $100 minimum / $1,000 maximum).

$100One-timeOfficial state fee

† Partially verified — corroborated but not confirmed on a machine-readable official page.

Recurring & conditional obligations — New Mexico Corporation
FeeAmountScheduleType
Biennial corporate report fee$25Every 2 yearsDue every two years by the 15th day of the third month after the corporation's fiscal year end (an initial report is also due shortly after incorporation)Official state fee

† Partially verified — corroborated but not confirmed on a machine-readable official page.

Filing process & processing times

File online through the Secretary of State's business portal.

Processing options for New Mexico Corporation filings
OptionTypical turnaroundAdded feeNotes
Standard processing0–3 business daysNoneOnline filings are typically processed within a few business days

Processing times are estimates based on currently available official guidance and change with filing volume — they are not guaranteed.

Registered agent costs

Every New Mexico Corporationmust continuously maintain a registered agent with a physical in-state address. Acting as your own agent costs $0 where you meet the state's eligibility rules; commercial services typically run $100–$300 per year. The calculator uses $200 — the midpoint of that range — when you choose a hired service.

Midpoint of the typical advertised price range for national commercial registered-agent services as of July 2026 (e.g. Northwest Registered Agent $125/yr, ZenBusiness $199/yr, LegalZoom $249/yr). Budget providers advertise below this range and premium corporate-service firms above it. Serving as your own agent costs $0 where you meet state eligibility rules.

Worth knowing about New Mexico

  • New Mexico LLCs have no annual report and no recurring state fee — one of the very cheapest states to maintain an LLC.

New Mexico Corporation cost FAQs

How much does it cost to start a corporation in New Mexico?

The New Mexico Secretary of State charges $100 to file the Articles of Incorporation. That figure excludes optional services and any variable taxes, which depend on your circumstances.

What are the ongoing costs of a corporation in New Mexico?

New Mexico corporations generally must pay the biennial corporate report fee of $25 every two years (due every two years by the 15th day of the third month after the corporation's fiscal year end (an initial report is also due shortly after incorporation)).

How long does it take to form a corporation in New Mexico?

Online filings are often processed the same day. New Mexico does not currently offer a paid expedited tier for this filing. Processing times change with filing volume, so confirm current turnaround with the state before relying on a date.

Do I need a registered agent for a corporation in New Mexico?

Yes. Every New Mexico corporation must continuously maintain a registered agent with a physical address in the state to receive legal and official mail. You can generally act as your own agent at no cost if you meet the state's eligibility rules, or hire a commercial service — typically $100–$300 per year. Whether serving as your own agent is practical depends on your circumstances, including privacy and availability during business hours.

When is the New Mexico biennial corporate report fee due?

Due every two years by the 15th day of the third month after the corporation's fiscal year end (an initial report is also due shortly after incorporation). Missing the deadline can trigger late fees or administrative dissolution, so put the date on your compliance calendar.

What this page doesn't cover

  • Federal, state, and local taxes beyond the fixed fees shown — income-dependent taxes are listed as variable obligations and never included in exact totals.
  • Business licenses, local permits, industry-specific registrations, and DBA filings.
  • Attorney, accountant, or filing-service fees beyond the labeled registered-agent estimate.
  • Whether a corporation — or New Mexico — is the right choice for your situation. FormedIn provides general educational information, not legal, tax, accounting, or financial advice, and nothing here recommends an entity type or formation state for any specific person.

Fees, rules, deadlines, and processing times change. Confirm current requirements with the New Mexico Secretary of State and consult a qualified attorney, CPA, or tax professional about your specific circumstances.

Sources

New Mexico data last verified July 12, 2026.

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