NM Santa Fe, New Mexico

New Mexico LLC Guides for Care & Wellness Businesses

Thinking of starting a care or wellness business in New Mexico? Below you'll find the LLC formation details for New Mexico alongside a complete guide for each service type.

New Mexico LLC at a Glance

Filing Fee
$50
Processing Time
5–7 business days (online)
Annual Fee
No annual fee
State Income Tax
Yes
Annual Report
No annual report required
Filing Agency
New Mexico Secretary of State

Note: New Mexico has no annual report and no annual fee — one of the most cost-effective states to maintain an LLC long-term.

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