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NMLand of Enchantment · New Mexico

How to open an LLC in New Mexico from abroad

Form your company in 1–3 days. No travel, no SSN. Sell-U handles everything.

No SSNNo travel100% remote
$499Official filing cost
1–3 daysApproval time
Why New Mexico?

Why New Mexico?

New Mexico is a strong play for Latin American founders: no annual report plus strong owner privacy. $50 filing fee, $0 annual fee and approval in 1–3 days. If you want the LLC with the lowest recurring cost and maximum privacy, New Mexico is your state.

Lowest filing fee + no Annual Report

With just $50 to form it and $0 in annual reports, New Mexico offers the lowest recurring cost of any state. Ideal for founders who want to keep their LLC active with minimal spend.

Owner privacy

New Mexico does not require LLC members to be disclosed. Your beneficial ownership stays out of public state records.

Solid asset protection

New Mexico offers standard charging order protection for LLCs, shielding your personal assets if the LLC is sued. Keep in mind it is not as robust as Wyoming’s, which extends charging order protection even to single-member LLCs.

The process

How to open your New Mexico LLC: step by step

You can do the whole process on your own. Steps 2 and 4 are where foreign founders get stuck the most, and that is exactly where Sell-U takes over.

  1. 01 Your call · 5 min

    Choose your LLC name

    It must end in "LLC" or "L.L.C." and be unique in New Mexico. Check availability on sos.state.nm.us. There is no name reservation fee.

  2. 02 Required · $125/year

    Appoint a New Mexico Registered Agent

    A person or company with a physical New Mexico address that receives legal mail. It cannot be you if you live outside the US.

    Sell-U handles it →
  3. 03 Official filing · 1–3 days

    File the Articles of Organization

    The document that creates your LLC with the New Mexico Secretary of State. Official filing fee: $50. Approval time: 1–3 days.

  4. 04 IRS filing

    Get your EIN from the IRS

    The Employer Identification Number is the US equivalent of the RFC in Mexico or the NIT in Colombia. Without an SSN you must file Form SS-4 by fax or mail. It takes 4–8 weeks if you do it yourself.

    Sell-U handles it →
  5. 05 Recommended

    Draft your Operating Agreement

    It defines how your LLC runs: members, ownership percentages, decisions and distributions. It is not filed with the state, but banks and partners almost always ask for it.

  6. 06 No SSN · 100% remote

    Open your bank account and start operating

    With your LLC and EIN you can open an account with Mercury, Relay or Wise Business. Approval depends on each financial institution and is not guaranteed. Sell-U can guide you through it.

Real costs

What your LLC will cost you next year.

No hidden fees. New Mexico stands out for having no Annual Report: the lowest recurring cost in the country.

Item Details Amount (USD) Frequency
Articles of Organization Official filing fee with the New Mexico Secretary of State. $50 One-time
Registered Agent Required annual service for LLCs without a physical office in New Mexico. $125 Annual
Annual Report New Mexico does not require an Annual Report for LLCs. $0 Not applicable
Federal taxes One member: Forms 5472 + 1120. Two or more: a partnership return + a K-1 for each member. From $150 Annual
Sales Tax New Mexico has no state sales tax. 0% Not applicable

Sell-U includes the EIN and Operating Agreement in your formation package. With no Annual Report, New Mexico offers the lowest recurring cost in the country.

Annual obligations

What comes due every year (and the penalties if you forget).

Forming the LLC is just the beginning. These are the dates to keep on your calendar.

Obligation Due date Cost Penalty for missing it
Annual Report New Mexico does not require one $0: not applicable Not applicable
Registered Agent renewal Your LLC’s anniversary $125 Loss of good standing
Federal taxes April 15 Depends on structure IRS penalties and interest
GRT / Sales Tax (if applicable) Monthly or quarterly Variable Only if you have nexus in New Mexico
Renewal service

Forget the deadlines. Sell-U tracks them for you.

Registered Agent, BOI and tax reminders. We alert you 60 days before every deadline.

Activate annual management
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FAQ

What matters, no fluff.

Don’t see your question? Write to us and a specialist will reply within 24 hours, in English or Spanish.

Do I need an SSN or to live in the US to open my New Mexico LLC?
No. You can form your New Mexico LLC from any country in Latin America or from Spain, with no SSN, no ITIN and no travel. All you need is a Registered Agent with a physical New Mexico address (Sell-U provides it), your passport and a mailing address.
How soon will my LLC be up and running?
The Articles of Organization are approved in 1–3 business days. The EIN for founders without an SSN takes another 4–8 weeks if you file by fax or mail. With Sell-U the full process (LLC + EIN) usually wraps up in 4–6 weeks.
Does New Mexico really have no Annual Report?
Correct. New Mexico is the only state in the country that does not require an Annual Report for LLCs. Without that recurring cost, it is the cheapest LLC to maintain long term. You only need to renew your Registered Agent every year and meet your federal tax obligations.
Can I open a bank account for my LLC without traveling to the US?
Yes. Digital banks like Mercury, Relay and Wise Business accept founders without an SSN as long as you have an active LLC, an EIN and a passport. The process is 100% remote.
Why New Mexico and not Delaware or Wyoming?
New Mexico is ideal for founders who prioritize privacy and the lowest possible recurring cost. With no Annual Report and a filing fee of just $50, it is the cheapest LLC long term. Delaware makes sense if you plan to raise institutional capital. Wyoming is similar but charges a $60/year License Tax.
Start today

Your New Mexico LLC, ready in 1–3 days.

Tell us about your business. A specialist will reach out within 24 hours with a tailored plan and fixed pricing.

  • LLC + EIN + Registered Agent, all included
  • No SSN. No travel. 100% remote.
  • Support in Spanish or English, on Latin American hours
  • Secure payment in USD, no hidden fees

Start your New Mexico LLC

Takes less than 2 minutes.

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