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If your company was not incorporated in New Mexico, but you wish to do business there, you need to register as a foreign entity with the state.
Known as Foreign Qualification, this process allows a company formed in Delaware or any other state to legally transact business in New Mexico.
Please note: information on this page is accurate to the best of our knowledge. However, requirements and costs can be changed by states at any time and Harvard Business Services cannot guarantee the accuracy of this information.
The New Mexico Secretary of State requires different forms and fees depending on what type of entity you are operating.
Requirements for LLCs:
Requirements for Corporations:
You must also appoint and list a New Mexico Registered Agent. The Registered Agent must be maintained at all times. Harvard Business Services can provide this service at a cost of just $99/year.
Harvard Business Services can assist with your application so you don’t have to deal with the New Mexico Secretary of State directly. We do charge our own fee for this service, in addition to state fees. The exact fee can vary based upon whether your company is already filed and whether you need us to obtain additional documents to meet the state’s requirements. Please contact us for an exact quote.
Keep in mind that even if the State of New Mexico does not require a Certificate of Authority for a specific activity, a bank, vendor or another party can still require one in order to establish a relationship.
Once you have Foreign Qualification in New Mexico, state law requires entities to file an annual report. These are to be filed by stock corporations and are due biennially, typically by April 15th. Companies can look up thier next report date online.
Nonprofit corporations are required to file an annual report every year, typically by April 15th.
Foreign Stock Corporations biennial report fee is $25.
Foreign Nonprofit Corporations annual report fee is $10.
Foreign LLCs, LPs, and LLPs are not required to file an annual report.
Please note that this annual requirement is independent from requirements you may have in Delaware or other states.
Harvard can provide assistance throughout the life of your company. These custom services are the most popular with our clients: