New Mexico Corporation – Incorporate in New Mexico – New Mexico Incorporation
Are you looking to incorporate in New Mexico?
Are you trying to learn about New Mexico incorporation or corporation laws?
The following summary can get you started on your path to incorporation.
|Secretary of State Contact Information||Corporations Division
1120 Paseo De Peralta
P.O. Box 1269
Santa Fe, New Mexico 87504
|Secretary of State Address||www.nmprc.state.nm.us|
|Corporation Filing Fees||The minimum filing fee for filing Articles of Incorporation is $100, and the maximum filing fee is $1,000, the filing fee increases by $1 for each 1,000 authorized shares of stock.|
|Corporation Name Reservation Information and Fees||New Mexico incorporators may reserve a corporate name by filing a Reservation of Corporate Name form with the Corporations Division. The form is not available online, but is available by calling (505) 827-4504 or 4509. The filing fee is $25. The name reservation remains effective for 120 days.|
|Periodic Corporation Reporting Requirements||New Mexico corporations and qualified foreign corporations must file a First Report within 30 days from the date of incorporation or qualification in New Mexico. The filing fee is $25. Thereafter, New Mexico corporations and qualified foreign corporations must file a biennial report on or before the 15 th day of the third month following the end of the corporation’ s fiscal year.|
|Corporation Tax Forms||www.state.nm.us/tax/trd_form.htm|
|Corporate Tax Summary||New Mexico corporations and foreign corporations doing business in New Mexico are subject to a corporate Franchise Tax and a corporate income tax. The corporate Franchise Tax is $50 per year. The income tax rate is progressive and ranges from 4.8 percent of net income to 7.6 percent of net income.|
|“S” Corporation Information||New Mexico recognizes the federal S corporation provision. The subchapter S election is automatic and no state specific forms need be filed to make the subchapter S election. S corporations remain subject to the corporate Franchise Tax .|
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Michael Spadaccini is the author of 8 books on self-help legal matters such as, Ultimate LLC Compliance Guide: Covers All 50 States (Ultimate Series), Ultimate Book of Forming Corps, LLCs, Partnerships & Sole Proprietorships, and Ultimate Guide to Forming an LLC in Any State, Second Edition (Ultimate Series).
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