A separate legal entity that shields personal assets. Taxed by default as a sole proprietorship (one member) or partnership (more than one) unless it elects otherwise.
NMSA 1978 Section 53-19-63, Filing, service and copying fees: "The public regulation commission [secretary of state] shall charge and collect: A. for filing the original articles of organization and issuing a certificate of organization, a fee of fifty dollars ($50.00)".
No recurring filing with the Secretary of State. Tax filings are separate and are not covered here.
No recurring state filing. New Mexico LLCs are exempt from annual and biennial reports entirely.
The deadlines above are the rules. Your actual dates depend on when you form, so the calendar is built from your formation date — free, no account.
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