What we do?
We can form your New Mexico LLC very fast with a feature rich package for much less than you would normally pay. You receive the State formation confirmation documents by email in 1-2 business days immediately upon receipt from state of New Mexico. We have formed thousands of entities in the last 22 years for clients from all over the world!
During this promotion, if you order before 3 PM MT any business day, your entity's formation date should be Expedited (1 to 2 days).
Formation confirmation documents (i.e. State Filed stamped Articles and State Certificate) from New Mexico Sec of State are received in 1 to 2 business days and sent to you by email upon receipt.
Our Expedited (1 to 2 days) formation package includes all the features that you need and nothing that you don't need.
1. FAST FORMATION: RECEIVE STATE REGISTRATION CONFIRMATION DOCUMENTS BY EMAIL IN 1-2 BUSINESS DAYS.
We submit your filing immediately upon receipt. The formation confirmation documents (State filed stamped Articles of Organization) will be sent by email as soon as we received from State of New Mexico (usually in 1-2 business days).
2. STATE REGISTRATION FEES ARE INCLUDED
The price includes State of New Mexico filing fees to register the LLC. Therefore, it includes: State Articles of Organization filing fee to form the entity. On top of that it also includes other features as listed below.
3. NEW MEXICO REGISTERED AGENT SERVICE IS AVAILABLE FOR JUST $75 PER YEAR
State of New Mexico required Registered Agent service is available if you need. Choose to add Registered Agent from us while ordering.
4. INSTANT FEDERAL TAX ID (EIN)
There is no fee to be paid to obtain the Tax ID (EIN) from the IRS. We will provide you the guidelines to obtain it direct from the IRS instantly (you do not need to send us your SSN, just submit it to the IRS to obtain the Tax ID).
5. AFTER WE RECEIVE YOUR ORDER
- We will complete name availability search and file the Articles of Organization with State of New Mexico to register the LLC. If none of the names you want is available to register we will inform you.
- Your filing will be submitted to State of New Mexico Expedited (1 to 2 days) upon receipt of your order.
- Barring any issues from State of New Mexico, you should receive the state formation confirmation documents by email in 1-2 business days.
6. INCLUDES CORPORATE ADDRESS (IF YOU CHOOSE PRIVACY OPTION)
We include a corporate address for your privacy. First year is is included. Next year fee is only $49 per year. Mail forwarding cost is extra. We provide this address in Las Vegas (So that any nexus is not created in New Mexico, that may require to pay NM tax).
7. REGISTERED AGENT SERVICE IS INCLUDED
A Registered Agent is required to receive legal servings in New Mexico and we provide this service for $75 per year, first year is included in the price.
8. OPEN BANK ACCOUNT
We will provide guidelines to open bank accounts without you being present in New Mexico (US citizens/residents). Non-US citizens, please contact us first.
9. WHAT STATE DOCUMENTS YOU RECEIVE
- Barring any issues from New Mexico Secretary of State the formation confirmation documents should be sent to you by email in 1-2 business days.
- The documents will include the following
ο State of New Mexico filed stamped Articles of Organization.
ο Custmizable Operating Agreement
ο Resolutions appointing (you as) Manager
ο Meeting Minutes
- We will provide the guidelines to obtain the IRS Tax ID (EIN) instantly.
10. ANNUAL FEES
New Mexico LLCs do not need to file annual report with Secretary of State. LLCs may need to pay $50 minimum franchise tax. Note that every year you will also need to renew Registered Agent service by paying $75.
11. ONLINE PRIVACY OPTION
Many of our clients want to keep their information from showing up online on the State of New Mexico publicly searchable website. If you do not want your name/ address to show on the state public website, please choose the privacy option. Currently on sale for $399 (Regularly $499).
1) THE NUMBER ONE REASON:
An LLC has a major advantage: LLC laws donot allow a lawsuit to be filed against a member of the LLC for the liabilities of the LLC. Whereas the main officers of a corporation are routinely named as defendants in a lawsuit filed against the corporation. Therefore, the member's personal assets are safe unless he/she personally guarantees a debt.
2) 'PASS THROUGH' OF PROFIT AND LOSS:
All the profits and losses of the LLC are taxed on the member's personal income tax returns. Meaning if you are a single member of an LLC, you will report the profit or loss of your LLC in your form 1040. As such, an LLC offers the benefits of a regular Corporation without separate taxation. As with a partnership or a Sub-S corporation an LLC is a Tax Pass through entity.
What this means is: LLCs by default do not pay taxes. All income and losses pass-through to you as a member. So if you have losses in your LLC you can claim it against your personal income on your individual 1040. It is great for a start up business.
3) ABILITY TO EASILY CHANGE TO ANOTHER FORM OF ENTITY:
It's easy to change your LLC to another form of legal entity. For example, you can change it to a C-Corporation. If you are starting a company, it may be beneficial to start a company as an LLC and write off the initial losses from your personal income and change to a C-Corp when the company becomes profitable.
4) FLEXIBILITY WHILE ALLOCATING PROFITS OR LOSS:
This is a major benefit of an LLC. Unlike a Subchapter S Corporation where you are restricted as to how profit and loss are distributed among the owners and the type of losses you can pass-through to the owners, the members of an LLC can allocate ownership, profits and loss among the members anyway they like. In case of a C-Corporation, the profits and loss of the corporation cannot be allocated among the shareholders.
5) BUSINESS ASSET PROTECTION:
LLC held assets cannot be seized by a member's creditor. Even if the creditor gets a judgment against a member, the creditor cannot get to the property owned by the LLC. The creditor has what is known as charging order remedy. Under which, if the creditor gets a judgment against a member of the LLC, the creditor is only permitted to collect any actual cash distributions that are made by the company to the member. Therefore, if no distributions are made to the member, there is nothing to collect.