Updated August 10, 2026. Quick answer. Forming an LLC in New Mexico costs $50 to file, and no periodic report is required. Five-year total: At least $50 over five years — one or more components (commonly the franchise/minimum tax) is unverified, so treat this as a floor, not a total.
What it actually costs
| Item | Amount |
|---|---|
| Formation filing fee | $50 |
| Annual/biennial report | none — New Mexico requires no periodic report from LLCs |
| Franchise / minimum tax | Not verified — see notes |
| Publication requirement | No newspaper publication requirement was found. |
Five-year cost of ownership: At least $50 over five years — one or more components (commonly the franchise/minimum tax) is unverified, so treat this as a floor, not a total. Publication cost is excluded from this figure — it’s county-driven where it applies, not state-driven, so a single number would be wrong for most filers.
The trap worth knowing before you file
ACCESS ROUTE (for future runs): nmonesource.com no longer 403s when sent a browser user-agent via curl, but the viewer page is a Lexum Qweri JavaScript shell containing no statute text. The working route is the underlying document endpoint https://nmonesource.com/nmos/nmsa/en/4400/1/document.do, which serves the entire Chapter 53 as a 465-page PDF; pypdf extracts it cleanly (1,081,483 characters). codes.findlaw.com is Cloudflare-403, law.onecle.com/new-mexico/53-corporations/53-19-63.html is 404, and the Wayback Machine has no capture of the Justia page. Whole row is statute-tier from the offi
Source
NMSA 1978 § 53-19-63 (filing, service and copying fees); Limited Liability Company Act, NMSA 1978 §§ 53-19-1 to 53-19-74. Read 2026-08-06 from statute. Formation-service sites were not used as a source for this figure.
If the LLC already exists somewhere else
Everything above prices forming a new New Mexico LLC. A company that already exists in another state cannot become a New Mexico one: New Mexico is one of the eight jurisdictions with no jurisdiction-change route in either direction, and there is no section to cite, because nothing in the code read permits it. The substitute is a merger — form a New Mexico LLC, then merge the older company into it, under NMSA 1978 § 53-19-62 ($100 to file). A merger produces a surviving entity rather than a continuation, so it is genuinely not the same thing as domestication, but it keeps far more alive than dissolving and re-forming does.
How to Move an LLC to Another State · LLC Domestication by State: All 51 Jurisdictions, With the Statute
Once the LLC exists, an operating agreement is what actually runs it
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