How to incorporate in New Mexico
There are three ways to incorporate your business in almost every
State: hire a lawyer to do the job for you (a very expensive option),
walk in to the State Department office and do it by yourself or
to use a professional incorporation company, like Activefilings.
We can incorporate your business or form your limited liability
company for a small fee, compared not only to an attorney but to
our competitors.
Why ? Because we process incorporations each day, from all around
the US and the World, from entrepreneurs like you that want to have
the peace of mind that only Activefilings can bring them.
If you still want to take the risk and do it by yourself, please
let us help you with this information that we have collected from
your state. Please, feel free to review your state's information
on our site. We will gladly answer any questions you may have.
Whatever method you chose, we will be glad to help.
Corporate Name Endings
The name must contain the separate word "corporation",
"incorporation", "company", "limited"
or abbreviation thereof. The name must not be the same as or confusingly
similar to a name of any domestic or foreign corporation or the
name reserved by or registered by another corporation, unless written
permission of other corporation is obtained. The name must not imply
purpose other than that contained in charter.
Articles of Incorporation Requirements
Director Information
* Minimum Number - One or more.
* Residence Requirements. - No provision.
* Age Requirements - None.
* Directors are required to be listed in the articles of incorporation.
Officer Information
* The officers are not required to be listed in the articles of
incorporation.
Stock Information
* An increase in the shares may cause an increase in the initial
filing fee.
Yearly Requirements
* Annual Statements
* Must be filed biannually on or before the 15th day of the 3d
month following the end of their tax year. Filing fee, $25.
Income Tax Rate
* 4.8% of net income up to $500,000; over $500,000 but not over
$1,000,000, $24,000 plus 6.4% of excess over $500,000; over $1,000,000,
$56,000 plus 7.6% of excess over $1,000,000.
Franchise Tax
* Tax is imposed on every domestic corporation and every foreign
corporation employed or engaged in the transaction of business in,
into or from New Mexico or deriving income from property or employment
in New Mexico, and on every domestic or foreign corporation having
or exercising its corporate franchise in New Mexico, whether active
or not. The rate is $50 each tax year.
For more information on taxes, visit www.state.nm.us/tax
