States
New Mexico LLC for non-residents
New Mexico is the lowest-maintenance state Dottie offers: a one-time $50 state fee and no annual report for LLCs. With Dottie, the first year costs $208 with the EIN included, and each year after only the registered agent ($59).
Key facts
- State formation fee: $50, paid once.
- No annual report and no yearly state fee for LLCs.
- Members' names are not listed in the formation document filed with the state.
- With Dottie: $208 the first year (formation $99 + state $50 + registered agent $59).
- Each year after: $59 for the registered agent.
- No US residency, visa or SSN needed.
What a New Mexico LLC costs
| Amount | When | |
|---|---|---|
| State formation fee | $50 | Once, when the LLC is formed |
| Annual report | None | New Mexico LLCs do not file one |
| Dottie formation (EIN included) | $99 | Once |
| Registered agent (Dottie) | $59 / year | Every year, from the first |
| First-year total with Dottie | $208 | |
| Each year after | $59 |
Already have a registered agent in New Mexico? Then the first year is $149. Federal tax filings are separate: a single-member LLC owned by a non-resident usually files Form 5472 with a pro forma 1120 each year ($199 with Dottie).
Why founders choose New Mexico
- Lowest yearly cost: after formation there is no annual report or state renewal fee.
- Privacy: the formation document does not list the members.
- Fewer deadlines to track, which matters when you run the company from another country.
New Mexico does not have to be where you live or where your customers are. Most non-resident founders pick a state for its cost and yearly obligations. Dottie compares New Mexico and Wyoming for your case before you pay.
How Dottie forms your New Mexico LLC
- You Tell Dottie the state, the company name (plus alternatives), the members and the business purpose. Review the total and pay. A few minutes
- Dottie Checks the name is available and files the formation with the state. 1 business day after payment
- The state Approves the LLC and issues the formation document. Usually 1–3 business days
- You Sign the SS-4 (the EIN application) in the app, on your phone. Dottie prepares it. A couple of minutes
- Dottie Sends the SS-4 to the IRS. Same or next business day
- The IRS Assigns your EIN. Dottie adds it to your company in the app as soon as it arrives. Usually 1–3 weeks
Most LLCs are formed in a few business days; the EIN usually takes 1–3 more weeks. Times depend on the state and the IRS and are not guaranteed.
After formation
- Registered agent: renews every year ($59); Dottie reminds you before it is due.
- Official mail for the LLC, including the EIN letter, is uploaded to your folder in the app.
- Federal filing: if you are the only owner and live outside the US, Dottie can prefill Form 5472 + pro forma 1120 for $199. You review, sign and remain responsible.
Questions
Does a New Mexico LLC have to file an annual report?
No. New Mexico does not require an annual report from LLCs, so there is no yearly state fee to keep it active. You still need a registered agent every year.
How much does it cost to form an LLC in New Mexico?
The state fee is $50. With Dottie the first year is $208: $99 for the formation with the EIN included, $50 for the state and $59 for the registered agent.
Can I form a New Mexico LLC without living in the US?
Yes. You do not need US residency, a visa or a Social Security Number to form the LLC or to get its EIN.
Is my name public in a New Mexico LLC?
New Mexico's formation document does not list the members. Your details are still part of the EIN application with the IRS, which is not public.
General information, not legal or tax advice. State fees and rules can change; Dottie always quotes the current amount before you pay.