How To Incorporate in New Mexico. Learn How to Incorporate a Business in New Mexico.

A. File Artcles of incorporation for New Mexico Corporation with the Secretary of State

After choosing which entity is right for you, your next step is to go to the New Mexico Secretary of State's website and download the appropriate incorporation form that may be available. Or, if you don't want to do the work yourself, we can help you incorporate a business in New Mexico. Click here for a free quote on our New Mexico business incorporation services.

B.  S Corporation Filings for Your New Mexico Corporation

1.   Federal S-Corporation Election Form
 
If you have Clickandinc.com incorporate a business for you in New Mexico, and you choose to be treated as an s-corporation for federal income tax purposes, we can draft that form for you (IRS form 2553). If you choose to draft it on your own, you can download it from the IRS website.
 
NOTE: You have 75 days from the date you incorporate a business in New Mexico to file your form 2553 with the IRS. If you fail to file in that time period, you will not be granted s-corporation status for the year in which you incorporate.
 
     2.  Mexico S-Corporation Election form
 
New Mexico does not require s-corporations file a separate s-corporation election form with the state.
 
C.  Get Your New Mexico Tax ID Number and Or Other State Required Documentation
 
Have your Federal Tax ID Number (EIN) handy; most states require it on their state tax ID number forms and other forms that you may need to complete after you incorporate a business in New Mexico.
 
Starting a Business in New Mexico
 
New Mexico’s Public Regulation Commission has a very informative e-book about business formation in the state. You can download or read it at http://www.nmprc.state.nm.us/corporations/pdf/startingannmbusiness.pdf
There is also a Corporation Report Filing and Compliance page that has good informtion and FAQ’s. See it at http://www.nmprc.state.nm.us/rfc.htm
 
Application for Business Tax Identification
 
To obtain your new business’s state tax identification number, you need to fill out the Application for Business Tax Identification which you can download at http://www.state.nm.us/tax/forms/year99/acd31015f.pdf . The instructions for this form can be downloaded at http://www.state.nm.us/tax/forms/year99/acd31015inst.pdf . If you have any questions call 505-827-0700.
 
 
First Report for Corporations
 
All corporations MUST file their First Report within 30 days from the date of incorporation!
 
The simple form (you just list your company information like name, address of registered agent, names and addresses of directors, etc.) can be downloaded at http://www.nmprc.state.nm.us/corporations/pdf/corporate/profirst.pdf . 
 
The fee is $25. If you file late you will pay a $200 penalty!!!!
 
Annual Report for Corporations
 
New Mexico business entities are required to file an Annual Report once each calendar year. The State Corporation Commission will send the Report to you prior to the due date. The current filing fee is $25.
 
The annual report form for corporations can be found at http://www.nmprc.state.nm.us/corporations/pdf/corporate/profit.pdf
 
If you have questions about the Annual Report form, log on to www.nmprc.state.nm.us or call 505-827-4508.
 

Surely, the list above is not everything you will need to do once you incorporate a business in New Mexico. You should always check with your accountant or attorney in order to make sure you are compliant with all state laws. Clickandinc.com is not a law firm and nothing on this page can be considered legal advice on which you can rely. If you’d like Clickandinc.com to help you incorporate a business in New Mexico, we’d love to help.

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