<div id="chakra-container" class="css-6ja1g6"><div id="navbar" class="css-1ki54i"><header class="css-0"><div class="css-j8syro"><div class="css-1c2za90"><div class="chakra-stack css-a9v878" id="header"><a class="chakra-link css-spn4bz" href="/"><img alt="Logo" src="https://betterlegal.cdn.bubble.io/f1656822847376x720262504830135200/betterlegal_logotype_purple.svg" class="chakra-image css-1ijtk3x"></a><a class="chakra-link css-1ge1h4f" href="/">BetterLegal</a></div><div class="css-17xejub"></div><button type="button" class="chakra-button css-ywwdc4" aria-label="Open Nav menu"><svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-menu" aria-hidden="true" focusable="false"><line x1="4" x2="20" y1="12" y2="12"></line><line x1="4" x2="20" y1="6" y2="6"></line><line x1="4" x2="20" y1="18" y2="18"></line></svg></button></div></div><div class="css-dho3mt"><div class="chakra-container css-cgatw0"><div class="chakra-stack css-ig46ew"><div class="chakra-stack css-5ri2xm" id="header"><a class="chakra-link css-spn4bz" href="/"><img alt="Logo" src="https://betterlegal.cdn.bubble.io/f1656822847376x720262504830135200/betterlegal_logotype_purple.svg" class="chakra-image css-1ijtk3x"></a><a class="chakra-link css-1ge1h4f" href="/">BetterLegal</a></div><div class="css-17xejub"></div><div class="chakra-stack css-1pp32oh"><a class="chakra-link css-18npoek" href="https://betterlegal.com/services">Services</a><a class="chakra-link css-18npoek" href="https://betterlegal.com/reviews">Reviews</a><a class="chakra-link css-18npoek" href="https://betterlegal.com/resources">Resources</a><a class="chakra-link css-18npoek" href="https://betterlegal.com/contact-us">Contact us</a><a class="chakra-link css-18npoek" href="https://betterlegal.com/login">Login</a></div><div class="css-17xejub"></div><button type="button" class="chakra-button css-vwkgho" id="cta-btn">SET UP YOUR BUSINESS</button></div></div></div></header></div><div class="chakra-container css-lnb99k"><div class="css-0"><div class="chakra-stack css-dmsrvy"><div class="chakra-stack css-vq4vi0"><h2 class="chakra-heading css-1oqp97q">How do I maintain an LLC in New Mexico?</h2><p class="chakra-text css-1r7hb8v">How do I maintain my New Mexico LLC? | BetterLegal</p><div class="chakra-stack css-84zodg"><img alt="BetterLegal logo" src="https://betterlegal.cdn.bubble.io/f1656822847376x720262504830135200/betterlegal_logotype_purple.svg" class="chakra-image css-xjjme"><div class="chakra-stack css-x09s84"><p class="chakra-text css-51y1o3">By BetterLegal team</p><p class="chakra-text css-1v235bj">Aug 3, 2023</p></div></div></div><img src="https://launchman.s3.ca-central-1.amazonaws.com/atteK1zBfSYpw6A5l" class="chakra-image css-4p5h3n" alt="image for site"><div class="chakra-stack css-1vkxj3z" id="content"><div class="css-1ki54i"><div class="css-1ex7eg8"><article role="group" class="chakra-linkbox css-10n1vic"><a href="#whats-the-next-step-after-registering-my-business-in-new-mexico" class="chakra-linkbox__overlay css-1hnz6hu"><div class="chakra-stack css-vin020"><h2 class="chakra-heading css-1swkiwj" id="whats-the-next-step-after-registering-my-business-in-new-mexico" level="2" node="[object Object]">What's the next step after registering my business in New Mexico?</h2><svg viewBox="0 0 24 24" focusable="false" class="chakra-icon css-xyproj"><g fill="currentColor"><path d="M10.458,18.374,7.721,21.11a2.853,2.853,0,0,1-3.942,0l-.892-.891a2.787,2.787,0,0,1,0-3.941l5.8-5.8a2.789,2.789,0,0,1,3.942,0l.893.892A1,1,0,0,0,14.94,9.952l-.893-.892a4.791,4.791,0,0,0-6.771,0l-5.8,5.8a4.787,4.787,0,0,0,0,6.77l.892.891a4.785,4.785,0,0,0,6.771,0l2.736-2.735a1,1,0,1,0-1.414-1.415Z"></path><path d="M22.526,2.363l-.892-.892a4.8,4.8,0,0,0-6.77,0l-2.905,2.9a1,1,0,0,0,1.414,1.414l2.9-2.9a2.79,2.79,0,0,1,3.941,0l.893.893a2.786,2.786,0,0,1,0,3.942l-5.8,5.8a2.769,2.769,0,0,1-1.971.817h0a2.766,2.766,0,0,1-1.969-.816,1,1,0,1,0-1.415,1.412,4.751,4.751,0,0,0,3.384,1.4h0a4.752,4.752,0,0,0,3.385-1.4l5.8-5.8a4.786,4.786,0,0,0,0-6.771Z"></path></g></svg></div></a></article><p class="chakra-text css-oq46zu" node="[object Object]">After successfully setting up your business in New Mexico, you need to make sure that you keep your LLC in good standing with the state. This way, you will be able to transact with third parties smoothly, especially with your vendors and clients.</p><p class="chakra-text css-oq46zu" node="[object Object]">A good standing status shows that your company is compliant with the state requirements. This includes, but is not limited to, payment of annual fees and updating of your company information with the state.</p><p class="chakra-text css-oq46zu" node="[object Object]">Additionally, certain other formalities are required by the state, like appointing a registered agent for service of process and maintaining a registered office in New Mexico.</p><div role="alert" node="[object Object]" class="chakra-alert css-m2u9dw"><p class="chakra-text css-oq46zu" node="[object Object]">If you do not have a physical address in the state where you registered your LLC, check out BetterLegal's Registered Agent Service. Through BetterLegal's Registered Agent service, you will receive scanned copies of your important mails and you may also request for physical copies to be mailed to your address for a minimal administrative fee.<a target="_blank" rel="noopener" class="chakra-link css-d6fk5b" href="https://betterlegal.com" node="[object Object]">Subscribe to our service now!</a></p></div></div><div class="css-1ex7eg8"></div><div class="css-1ex7eg8"><article role="group" class="chakra-linkbox css-10n1vic"><a href="#why-is-it-important-to-maintain-my-llc-in-new-mexico" class="chakra-linkbox__overlay css-1hnz6hu"><div class="chakra-stack css-vin020"><h2 class="chakra-heading css-1swkiwj" id="why-is-it-important-to-maintain-my-llc-in-new-mexico" level="2" node="[object Object]">Why is it important to Maintain my LLC in New Mexico?</h2><svg viewBox="0 0 24 24" focusable="false" class="chakra-icon css-xyproj"><g fill="currentColor"><path d="M10.458,18.374,7.721,21.11a2.853,2.853,0,0,1-3.942,0l-.892-.891a2.787,2.787,0,0,1,0-3.941l5.8-5.8a2.789,2.789,0,0,1,3.942,0l.893.892A1,1,0,0,0,14.94,9.952l-.893-.892a4.791,4.791,0,0,0-6.771,0l-5.8,5.8a4.787,4.787,0,0,0,0,6.77l.892.891a4.785,4.785,0,0,0,6.771,0l2.736-2.735a1,1,0,1,0-1.414-1.415Z"></path><path d="M22.526,2.363l-.892-.892a4.8,4.8,0,0,0-6.77,0l-2.905,2.9a1,1,0,0,0,1.414,1.414l2.9-2.9a2.79,2.79,0,0,1,3.941,0l.893.893a2.786,2.786,0,0,1,0,3.942l-5.8,5.8a2.769,2.769,0,0,1-1.971.817h0a2.766,2.766,0,0,1-1.969-.816,1,1,0,1,0-1.415,1.412,4.751,4.751,0,0,0,3.384,1.4h0a4.752,4.752,0,0,0,3.385-1.4l5.8-5.8a4.786,4.786,0,0,0,0-6.771Z"></path></g></svg></div></a></article><p class="chakra-text css-oq46zu" node="[object Object]">Third parties are able to obtain your good standing status by submitting a request to the Secretary of State in New Mexico. If a third party you are transacting with finds out that your company is in bad standing with the state, it may cause unnecessary delays and issues in your business transactions.</p><p class="chakra-text css-oq46zu" node="[object Object]">Also, failure to comply with state requirements may result to forfeiture, dissolution, or involuntary termination of your LLC.</p><p class="chakra-text css-oq46zu" node="[object Object]">This is why you should be on top of New Mexico's periodic requirements for Limited Liability Companies (LLCs) like yours. Maintain your LLC to avoid any issues and delays in your transactions.</p><div role="alert" node="[object Object]" class="chakra-alert css-m2u9dw"><p class="chakra-text css-oq46zu" node="[object Object]">If you need help in maintaining your LLC in New Mexico, check out BetterLegal's State Compliance package. We will make sure that your company complies with the state requirements to keep your company in good standing.<a target="_blank" rel="noopener" class="chakra-link css-d6fk5b" href="https://betterlegal.com" node="[object Object]">Subscribe to our State Compliance Service Now!</a></p></div></div><div class="css-1ex7eg8"><h1 class="chakra-heading css-1mg1ma0" level="1" node="[object Object]">The Basics of Maintaining Your LLC</h1><p class="chakra-text css-oq46zu" node="[object Object]">There are different administrative tasks that make up the maintenance of an LLC in New Mexico, but can be grouped into categories:</p><ul role="list" ordered="true" depth="0" node="[object Object]" class="css-1fodg61"><li index="0" ordered="true" node="[object Object]" class="css-1md27kh"><strong>:</strong>Required filing in New Mexico to keep your LLC in good standing</li><li index="1" ordered="true" node="[object Object]" class="css-1md27kh"><strong>Articles of Organization:</strong>Updating of your LLC information in New Mexico</li><li index="2" ordered="true" node="[object Object]" class="css-1md27kh"><strong>Operating Agreement:</strong>Legal document outlining the internal rules and procedures of a Limited Liability Company</li><li index="3" ordered="true" node="[object Object]" class="css-1md27kh"><strong>Licenses and Permits:</strong>Documentary requirements for these in New Mexico vary depending on the nature of business</li><li index="4" ordered="true" node="[object Object]" class="css-1md27kh"><strong>DBAs:</strong>Registration of other names a business may go by other than its official name</li><li index="5" ordered="true" node="[object Object]" class="css-1md27kh"><strong>Taxes:</strong>Money owed to the government for revenues and earnings</li></ul></div><div class="css-1ex7eg8"><article role="group" class="chakra-linkbox css-10n1vic"><a href="#filing-your-new-mexico-llcs" class="chakra-linkbox__overlay css-1hnz6hu"><div class="chakra-stack css-vin020"><h2 class="chakra-heading css-1swkiwj" id="filing-your-new-mexico-llcs" level="2" node="[object Object]">Filing your New Mexico LLC's</h2><svg viewBox="0 0 24 24" focusable="false" class="chakra-icon css-xyproj"><g fill="currentColor"><path d="M10.458,18.374,7.721,21.11a2.853,2.853,0,0,1-3.942,0l-.892-.891a2.787,2.787,0,0,1,0-3.941l5.8-5.8a2.789,2.789,0,0,1,3.942,0l.893.892A1,1,0,0,0,14.94,9.952l-.893-.892a4.791,4.791,0,0,0-6.771,0l-5.8,5.8a4.787,4.787,0,0,0,0,6.77l.892.891a4.785,4.785,0,0,0,6.771,0l2.736-2.735a1,1,0,1,0-1.414-1.415Z"></path><path d="M22.526,2.363l-.892-.892a4.8,4.8,0,0,0-6.77,0l-2.905,2.9a1,1,0,0,0,1.414,1.414l2.9-2.9a2.79,2.79,0,0,1,3.941,0l.893.893a2.786,2.786,0,0,1,0,3.942l-5.8,5.8a2.769,2.769,0,0,1-1.971.817h0a2.766,2.766,0,0,1-1.969-.816,1,1,0,1,0-1.415,1.412,4.751,4.751,0,0,0,3.384,1.4h0a4.752,4.752,0,0,0,3.385-1.4l5.8-5.8a4.786,4.786,0,0,0,0-6.771Z"></path></g></svg></div></a></article><p class="chakra-text css-oq46zu" node="[object Object]">If you are planning to file your New Mexico LLC's , BetterLegal has prepared an easy to follow step-by-step guide for you below. We have also included pertinent information that you need to remember when filing.</p><article role="group" class="chakra-linkbox css-10n1vic"><a href="#when-is-the-due-date-for-my-new-mexico-llcs-" class="chakra-linkbox__overlay css-1hnz6hu"><div class="chakra-stack css-vin020"><h3 class="chakra-heading css-h4vu4h" id="when-is-the-due-date-for-my-new-mexico-llcs-" level="3" node="[object Object]">When is the due date for my New Mexico LLC's ?</h3><svg viewBox="0 0 24 24" focusable="false" class="chakra-icon css-xyproj"><g fill="currentColor"><path d="M10.458,18.374,7.721,21.11a2.853,2.853,0,0,1-3.942,0l-.892-.891a2.787,2.787,0,0,1,0-3.941l5.8-5.8a2.789,2.789,0,0,1,3.942,0l.893.892A1,1,0,0,0,14.94,9.952l-.893-.892a4.791,4.791,0,0,0-6.771,0l-5.8,5.8a4.787,4.787,0,0,0,0,6.77l.892.891a4.785,4.785,0,0,0,6.771,0l2.736-2.735a1,1,0,1,0-1.414-1.415Z"></path><path d="M22.526,2.363l-.892-.892a4.8,4.8,0,0,0-6.77,0l-2.905,2.9a1,1,0,0,0,1.414,1.414l2.9-2.9a2.79,2.79,0,0,1,3.941,0l.893.893a2.786,2.786,0,0,1,0,3.942l-5.8,5.8a2.769,2.769,0,0,1-1.971.817h0a2.766,2.766,0,0,1-1.969-.816,1,1,0,1,0-1.415,1.412,4.751,4.751,0,0,0,3.384,1.4h0a4.752,4.752,0,0,0,3.385-1.4l5.8-5.8a4.786,4.786,0,0,0,0-6.771Z"></path></g></svg></div></a></article><p class="chakra-text css-oq46zu" node="[object Object]">File your New Mexico LLC's . You need to file it with the state . The may be submitted .</p><article role="group" class="chakra-linkbox css-10n1vic"><a href="#how-much-do-i-need-to-pay-for-my-new-mexico-llcs-" class="chakra-linkbox__overlay css-1hnz6hu"><div class="chakra-stack css-vin020"><h3 class="chakra-heading css-h4vu4h" id="how-much-do-i-need-to-pay-for-my-new-mexico-llcs-" level="3" node="[object Object]">How much do I need to pay for my New Mexico LLC's ?</h3><svg viewBox="0 0 24 24" focusable="false" class="chakra-icon css-xyproj"><g fill="currentColor"><path d="M10.458,18.374,7.721,21.11a2.853,2.853,0,0,1-3.942,0l-.892-.891a2.787,2.787,0,0,1,0-3.941l5.8-5.8a2.789,2.789,0,0,1,3.942,0l.893.892A1,1,0,0,0,14.94,9.952l-.893-.892a4.791,4.791,0,0,0-6.771,0l-5.8,5.8a4.787,4.787,0,0,0,0,6.77l.892.891a4.785,4.785,0,0,0,6.771,0l2.736-2.735a1,1,0,1,0-1.414-1.415Z"></path><path d="M22.526,2.363l-.892-.892a4.8,4.8,0,0,0-6.77,0l-2.905,2.9a1,1,0,0,0,1.414,1.414l2.9-2.9a2.79,2.79,0,0,1,3.941,0l.893.893a2.786,2.786,0,0,1,0,3.942l-5.8,5.8a2.769,2.769,0,0,1-1.971.817h0a2.766,2.766,0,0,1-1.969-.816,1,1,0,1,0-1.415,1.412,4.751,4.751,0,0,0,3.384,1.4h0a4.752,4.752,0,0,0,3.385-1.4l5.8-5.8a4.786,4.786,0,0,0,0-6.771Z"></path></g></svg></div></a></article><p class="chakra-text css-oq46zu" node="[object Object]">Prepare to pay for your New Mexico LLC's .</p><article role="group" class="chakra-linkbox css-10n1vic"><a href="#what-information-are-needed-when-filing-my-new-mexico-llcs-" class="chakra-linkbox__overlay css-1hnz6hu"><div class="chakra-stack css-vin020"><h3 class="chakra-heading css-h4vu4h" id="what-information-are-needed-when-filing-my-new-mexico-llcs-" level="3" node="[object Object]">What information are needed when filing my New Mexico LLC's ?</h3><svg viewBox="0 0 24 24" focusable="false" class="chakra-icon css-xyproj"><g fill="currentColor"><path d="M10.458,18.374,7.721,21.11a2.853,2.853,0,0,1-3.942,0l-.892-.891a2.787,2.787,0,0,1,0-3.941l5.8-5.8a2.789,2.789,0,0,1,3.942,0l.893.892A1,1,0,0,0,14.94,9.952l-.893-.892a4.791,4.791,0,0,0-6.771,0l-5.8,5.8a4.787,4.787,0,0,0,0,6.77l.892.891a4.785,4.785,0,0,0,6.771,0l2.736-2.735a1,1,0,1,0-1.414-1.415Z"></path><path d="M22.526,2.363l-.892-.892a4.8,4.8,0,0,0-6.77,0l-2.905,2.9a1,1,0,0,0,1.414,1.414l2.9-2.9a2.79,2.79,0,0,1,3.941,0l.893.893a2.786,2.786,0,0,1,0,3.942l-5.8,5.8a2.769,2.769,0,0,1-1.971.817h0a2.766,2.766,0,0,1-1.969-.816,1,1,0,1,0-1.415,1.412,4.751,4.751,0,0,0,3.384,1.4h0a4.752,4.752,0,0,0,3.385-1.4l5.8-5.8a4.786,4.786,0,0,0,0-6.771Z"></path></g></svg></div></a></article><p class="chakra-text css-oq46zu" node="[object Object]">When filing your LLC's , make sure to provide .</p><article role="group" class="chakra-linkbox css-10n1vic"><a href="#how-do-i-submit-my-new-mexico-llcs-" class="chakra-linkbox__overlay css-1hnz6hu"><div class="chakra-stack css-vin020"><h3 class="chakra-heading css-h4vu4h" id="how-do-i-submit-my-new-mexico-llcs-" level="3" node="[object Object]">How do I submit my New Mexico LLC's ?</h3><svg viewBox="0 0 24 24" focusable="false" class="chakra-icon css-xyproj"><g fill="currentColor"><path d="M10.458,18.374,7.721,21.11a2.853,2.853,0,0,1-3.942,0l-.892-.891a2.787,2.787,0,0,1,0-3.941l5.8-5.8a2.789,2.789,0,0,1,3.942,0l.893.892A1,1,0,0,0,14.94,9.952l-.893-.892a4.791,4.791,0,0,0-6.771,0l-5.8,5.8a4.787,4.787,0,0,0,0,6.77l.892.891a4.785,4.785,0,0,0,6.771,0l2.736-2.735a1,1,0,1,0-1.414-1.415Z"></path><path d="M22.526,2.363l-.892-.892a4.8,4.8,0,0,0-6.77,0l-2.905,2.9a1,1,0,0,0,1.414,1.414l2.9-2.9a2.79,2.79,0,0,1,3.941,0l.893.893a2.786,2.786,0,0,1,0,3.942l-5.8,5.8a2.769,2.769,0,0,1-1.971.817h0a2.766,2.766,0,0,1-1.969-.816,1,1,0,1,0-1.415,1.412,4.751,4.751,0,0,0,3.384,1.4h0a4.752,4.752,0,0,0,3.385-1.4l5.8-5.8a4.786,4.786,0,0,0,0-6.771Z"></path></g></svg></div></a></article><p class="chakra-text css-oq46zu" node="[object Object]">You may submit your New Mexico LLC's .</p><article role="group" class="chakra-linkbox css-10n1vic"><a href="#what-is-the-turnaround-time-for-my-new-mexico-llcs-" class="chakra-linkbox__overlay css-1hnz6hu"><div class="chakra-stack css-vin020"><h3 class="chakra-heading css-h4vu4h" id="what-is-the-turnaround-time-for-my-new-mexico-llcs-" level="3" node="[object Object]">What is the turnaround time for my New Mexico LLC's ?</h3><svg viewBox="0 0 24 24" focusable="false" class="chakra-icon css-xyproj"><g fill="currentColor"><path d="M10.458,18.374,7.721,21.11a2.853,2.853,0,0,1-3.942,0l-.892-.891a2.787,2.787,0,0,1,0-3.941l5.8-5.8a2.789,2.789,0,0,1,3.942,0l.893.892A1,1,0,0,0,14.94,9.952l-.893-.892a4.791,4.791,0,0,0-6.771,0l-5.8,5.8a4.787,4.787,0,0,0,0,6.77l.892.891a4.785,4.785,0,0,0,6.771,0l2.736-2.735a1,1,0,1,0-1.414-1.415Z"></path><path d="M22.526,2.363l-.892-.892a4.8,4.8,0,0,0-6.77,0l-2.905,2.9a1,1,0,0,0,1.414,1.414l2.9-2.9a2.79,2.79,0,0,1,3.941,0l.893.893a2.786,2.786,0,0,1,0,3.942l-5.8,5.8a2.769,2.769,0,0,1-1.971.817h0a2.766,2.766,0,0,1-1.969-.816,1,1,0,1,0-1.415,1.412,4.751,4.751,0,0,0,3.384,1.4h0a4.752,4.752,0,0,0,3.385-1.4l5.8-5.8a4.786,4.786,0,0,0,0-6.771Z"></path></g></svg></div></a></article><p class="chakra-text css-oq46zu" node="[object Object]">Your payment or filing submission will reflect on the state's records .</p><article role="group" class="chakra-linkbox css-10n1vic"><a href="#what-should-i-do-if-i-miss-my-new-mexico-llcs-s-due-date" class="chakra-linkbox__overlay css-1hnz6hu"><div class="chakra-stack css-vin020"><h3 class="chakra-heading css-h4vu4h" id="what-should-i-do-if-i-miss-my-new-mexico-llcs-s-due-date" level="3" node="[object Object]">What should I do if I miss my New Mexico LLC's 's due date?</h3><svg viewBox="0 0 24 24" focusable="false" class="chakra-icon css-xyproj"><g fill="currentColor"><path d="M10.458,18.374,7.721,21.11a2.853,2.853,0,0,1-3.942,0l-.892-.891a2.787,2.787,0,0,1,0-3.941l5.8-5.8a2.789,2.789,0,0,1,3.942,0l.893.892A1,1,0,0,0,14.94,9.952l-.893-.892a4.791,4.791,0,0,0-6.771,0l-5.8,5.8a4.787,4.787,0,0,0,0,6.77l.892.891a4.785,4.785,0,0,0,6.771,0l2.736-2.735a1,1,0,1,0-1.414-1.415Z"></path><path d="M22.526,2.363l-.892-.892a4.8,4.8,0,0,0-6.77,0l-2.905,2.9a1,1,0,0,0,1.414,1.414l2.9-2.9a2.79,2.79,0,0,1,3.941,0l.893.893a2.786,2.786,0,0,1,0,3.942l-5.8,5.8a2.769,2.769,0,0,1-1.971.817h0a2.766,2.766,0,0,1-1.969-.816,1,1,0,1,0-1.415,1.412,4.751,4.751,0,0,0,3.384,1.4h0a4.752,4.752,0,0,0,3.385-1.4l5.8-5.8a4.786,4.786,0,0,0,0-6.771Z"></path></g></svg></div></a></article><p class="chakra-text css-oq46zu" node="[object Object]">Late submission of in New Mexico . . You may file your late submission .</p><article role="group" class="chakra-linkbox css-10n1vic"><a href="#i-missed-my-new-mexico-llcs-s-grace-period-for-late-submission-what-should-i-do" class="chakra-linkbox__overlay css-1hnz6hu"><div class="chakra-stack css-vin020"><h3 class="chakra-heading css-h4vu4h" id="i-missed-my-new-mexico-llcs-s-grace-period-for-late-submission-what-should-i-do" level="3" node="[object Object]">I missed my New Mexico LLC's 's grace period for late submission, what should I do?</h3><svg viewBox="0 0 24 24" focusable="false" class="chakra-icon css-xyproj"><g fill="currentColor"><path d="M10.458,18.374,7.721,21.11a2.853,2.853,0,0,1-3.942,0l-.892-.891a2.787,2.787,0,0,1,0-3.941l5.8-5.8a2.789,2.789,0,0,1,3.942,0l.893.892A1,1,0,0,0,14.94,9.952l-.893-.892a4.791,4.791,0,0,0-6.771,0l-5.8,5.8a4.787,4.787,0,0,0,0,6.77l.892.891a4.785,4.785,0,0,0,6.771,0l2.736-2.735a1,1,0,1,0-1.414-1.415Z"></path><path d="M22.526,2.363l-.892-.892a4.8,4.8,0,0,0-6.77,0l-2.905,2.9a1,1,0,0,0,1.414,1.414l2.9-2.9a2.79,2.79,0,0,1,3.941,0l.893.893a2.786,2.786,0,0,1,0,3.942l-5.8,5.8a2.769,2.769,0,0,1-1.971.817h0a2.766,2.766,0,0,1-1.969-.816,1,1,0,1,0-1.415,1.412,4.751,4.751,0,0,0,3.384,1.4h0a4.752,4.752,0,0,0,3.385-1.4l5.8-5.8a4.786,4.786,0,0,0,0-6.771Z"></path></g></svg></div></a></article><p class="chakra-text css-oq46zu" node="[object Object]">If you also missed the state's grace period for the filing of , .</p></div><div class="css-1ex7eg8"><article role="group" class="chakra-linkbox css-10n1vic"><a href="#articles-of-organization" class="chakra-linkbox__overlay css-1hnz6hu"><div class="chakra-stack css-vin020"><h2 class="chakra-heading css-1swkiwj" id="articles-of-organization" level="2" node="[object Object]">Articles of Organization</h2><svg viewBox="0 0 24 24" focusable="false" class="chakra-icon css-xyproj"><g fill="currentColor"><path d="M10.458,18.374,7.721,21.11a2.853,2.853,0,0,1-3.942,0l-.892-.891a2.787,2.787,0,0,1,0-3.941l5.8-5.8a2.789,2.789,0,0,1,3.942,0l.893.892A1,1,0,0,0,14.94,9.952l-.893-.892a4.791,4.791,0,0,0-6.771,0l-5.8,5.8a4.787,4.787,0,0,0,0,6.77l.892.891a4.785,4.785,0,0,0,6.771,0l2.736-2.735a1,1,0,1,0-1.414-1.415Z"></path><path d="M22.526,2.363l-.892-.892a4.8,4.8,0,0,0-6.77,0l-2.905,2.9a1,1,0,0,0,1.414,1.414l2.9-2.9a2.79,2.79,0,0,1,3.941,0l.893.893a2.786,2.786,0,0,1,0,3.942l-5.8,5.8a2.769,2.769,0,0,1-1.971.817h0a2.766,2.766,0,0,1-1.969-.816,1,1,0,1,0-1.415,1.412,4.751,4.751,0,0,0,3.384,1.4h0a4.752,4.752,0,0,0,3.385-1.4l5.8-5.8a4.786,4.786,0,0,0,0-6.771Z"></path></g></svg></div></a></article><p class="chakra-text css-oq46zu" node="[object Object]">If you want to update your company information but it is too early to file for your LLC's or maybe you have already filed your LLC's , but forgot to update your information, you may still do so by filing an amendment with the state.</p><p class="chakra-text css-oq46zu" node="[object Object]">BetterLegal may also assist you in filing these amendments. Check out the links below:</p><ul role="list" ordered="true" depth="0" node="[object Object]" class="css-1fodg61"><li index="0" ordered="true" node="[object Object]" class="css-1md27kh"><a target="_blank" rel="noopener" class="chakra-link css-d6fk5b" href="https://betterlegal.com/maintain-an-llc/dissolution-new-mexico" node="[object Object]">New Mexico LLC Articles of Dissolution</a></li><li index="1" ordered="true" node="[object Object]" class="css-1md27kh"><a target="_blank" rel="noopener" class="chakra-link css-d6fk5b" href="https://betterlegal.com/maintain-an-llc/change-registered-agent-new-mexico" node="[object Object]">New Mexico LLC Change of Registered Agent Name/Office</a></li><li index="2" ordered="true" node="[object Object]" class="css-1md27kh"><a target="_blank" rel="noopener" class="chakra-link css-d6fk5b" href="https://betterlegal.com/maintain-an-llc/change-principal-office-address-new-mexico" node="[object Object]">New Mexico LLC Change of Principal Office Address</a></li><li index="3" ordered="true" node="[object Object]" class="css-1md27kh"><a target="_blank" rel="noopener" class="chakra-link css-d6fk5b" href="https://betterlegal.com/maintain-an-llc/certificate-of-good-standing-new-mexico" node="[object Object]">New Mexico LLC Certificate of Good Standing</a></li><li index="4" ordered="true" node="[object Object]" class="css-1md27kh"><a target="_blank" rel="noopener" class="chakra-link css-d6fk5b" href="https://betterlegal.com/maintain-an-llc/change-name-new-mexico" node="[object Object]">New Mexico LLC Articles of Amendment</a></li></ul></div><div class="css-1ex7eg8"><article role="group" class="chakra-linkbox css-10n1vic"><a href="#operating-agreement" class="chakra-linkbox__overlay css-1hnz6hu"><div class="chakra-stack css-vin020"><h2 class="chakra-heading css-1swkiwj" id="operating-agreement" level="2" node="[object Object]">Operating Agreement</h2><svg viewBox="0 0 24 24" focusable="false" class="chakra-icon css-xyproj"><g fill="currentColor"><path d="M10.458,18.374,7.721,21.11a2.853,2.853,0,0,1-3.942,0l-.892-.891a2.787,2.787,0,0,1,0-3.941l5.8-5.8a2.789,2.789,0,0,1,3.942,0l.893.892A1,1,0,0,0,14.94,9.952l-.893-.892a4.791,4.791,0,0,0-6.771,0l-5.8,5.8a4.787,4.787,0,0,0,0,6.77l.892.891a4.785,4.785,0,0,0,6.771,0l2.736-2.735a1,1,0,1,0-1.414-1.415Z"></path><path d="M22.526,2.363l-.892-.892a4.8,4.8,0,0,0-6.77,0l-2.905,2.9a1,1,0,0,0,1.414,1.414l2.9-2.9a2.79,2.79,0,0,1,3.941,0l.893.893a2.786,2.786,0,0,1,0,3.942l-5.8,5.8a2.769,2.769,0,0,1-1.971.817h0a2.766,2.766,0,0,1-1.969-.816,1,1,0,1,0-1.415,1.412,4.751,4.751,0,0,0,3.384,1.4h0a4.752,4.752,0,0,0,3.385-1.4l5.8-5.8a4.786,4.786,0,0,0,0-6.771Z"></path></g></svg></div></a></article><p class="chakra-text css-oq46zu" node="[object Object]">The operating agreement outlines your LLC's internal rules and regulations. Some events, such as change in ownership, may require you to update your operating agreement. BetterLegal may also assist you with this.</p></div><div class="css-1ex7eg8"><article role="group" class="chakra-linkbox css-10n1vic"><a href="#licenses-and-permits" class="chakra-linkbox__overlay css-1hnz6hu"><div class="chakra-stack css-vin020"><h2 class="chakra-heading css-1swkiwj" id="licenses-and-permits" level="2" node="[object Object]">Licenses and Permits</h2><svg viewBox="0 0 24 24" focusable="false" class="chakra-icon css-xyproj"><g fill="currentColor"><path d="M10.458,18.374,7.721,21.11a2.853,2.853,0,0,1-3.942,0l-.892-.891a2.787,2.787,0,0,1,0-3.941l5.8-5.8a2.789,2.789,0,0,1,3.942,0l.893.892A1,1,0,0,0,14.94,9.952l-.893-.892a4.791,4.791,0,0,0-6.771,0l-5.8,5.8a4.787,4.787,0,0,0,0,6.77l.892.891a4.785,4.785,0,0,0,6.771,0l2.736-2.735a1,1,0,1,0-1.414-1.415Z"></path><path d="M22.526,2.363l-.892-.892a4.8,4.8,0,0,0-6.77,0l-2.905,2.9a1,1,0,0,0,1.414,1.414l2.9-2.9a2.79,2.79,0,0,1,3.941,0l.893.893a2.786,2.786,0,0,1,0,3.942l-5.8,5.8a2.769,2.769,0,0,1-1.971.817h0a2.766,2.766,0,0,1-1.969-.816,1,1,0,1,0-1.415,1.412,4.751,4.751,0,0,0,3.384,1.4h0a4.752,4.752,0,0,0,3.385-1.4l5.8-5.8a4.786,4.786,0,0,0,0-6.771Z"></path></g></svg></div></a></article><p class="chakra-text css-oq46zu" node="[object Object]">Licenses and Permits requirement may vary in each state and depending on the nature of your business. These licenses and permits ensure that companies within specific industries are abiding by its rules and regulations. If you need assistance in obtaining the licenses and permits required for your LLC, you may check out BetterLegal's Permit and License Search service.</p></div><div class="css-1ex7eg8"><article role="group" class="chakra-linkbox css-10n1vic"><a href="#dbas-and-fictitious-names" class="chakra-linkbox__overlay css-1hnz6hu"><div class="chakra-stack css-vin020"><h2 class="chakra-heading css-1swkiwj" id="dbas-and-fictitious-names" level="2" node="[object Object]">DBAs and Fictitious Names</h2><svg viewBox="0 0 24 24" focusable="false" class="chakra-icon css-xyproj"><g fill="currentColor"><path d="M10.458,18.374,7.721,21.11a2.853,2.853,0,0,1-3.942,0l-.892-.891a2.787,2.787,0,0,1,0-3.941l5.8-5.8a2.789,2.789,0,0,1,3.942,0l.893.892A1,1,0,0,0,14.94,9.952l-.893-.892a4.791,4.791,0,0,0-6.771,0l-5.8,5.8a4.787,4.787,0,0,0,0,6.77l.892.891a4.785,4.785,0,0,0,6.771,0l2.736-2.735a1,1,0,1,0-1.414-1.415Z"></path><path d="M22.526,2.363l-.892-.892a4.8,4.8,0,0,0-6.77,0l-2.905,2.9a1,1,0,0,0,1.414,1.414l2.9-2.9a2.79,2.79,0,0,1,3.941,0l.893.893a2.786,2.786,0,0,1,0,3.942l-5.8,5.8a2.769,2.769,0,0,1-1.971.817h0a2.766,2.766,0,0,1-1.969-.816,1,1,0,1,0-1.415,1.412,4.751,4.751,0,0,0,3.384,1.4h0a4.752,4.752,0,0,0,3.385-1.4l5.8-5.8a4.786,4.786,0,0,0,0-6.771Z"></path></g></svg></div></a></article><p class="chakra-text css-oq46zu" node="[object Object]">A DBA (Doing Business As) or a Fictitious Name is an alternative name or nickname under which a business can operate. This allows a business to conduct business under a name other than its legal name. For example, an LLC named "ABC Tile LLC" might file for a DBA and conduct business under the name "New Mexico Tile".</p><p class="chakra-text css-oq46zu" node="[object Object]">A DBA or Fictitious name is not a separate legal entity, it is a name that the business can use for its transactions and it does not change the legal structure or the ownership of the business.</p><p class="chakra-text css-oq46zu" node="[object Object]">If you need help in registering a DBA for your LLC, reach out to us<a target="_blank" rel="noopener" class="chakra-link css-d6fk5b" href="https://betterlegal.com" node="[object Object]">via chat or call</a>to confirm if we can assist with your filing.</p></div><div class="css-1ex7eg8"><article role="group" class="chakra-linkbox css-10n1vic"><a href="#taxes" class="chakra-linkbox__overlay css-1hnz6hu"><div class="chakra-stack css-vin020"><h2 class="chakra-heading css-1swkiwj" id="taxes" level="2" node="[object Object]">Taxes</h2><svg viewBox="0 0 24 24" focusable="false" class="chakra-icon css-xyproj"><g fill="currentColor"><path d="M10.458,18.374,7.721,21.11a2.853,2.853,0,0,1-3.942,0l-.892-.891a2.787,2.787,0,0,1,0-3.941l5.8-5.8a2.789,2.789,0,0,1,3.942,0l.893.892A1,1,0,0,0,14.94,9.952l-.893-.892a4.791,4.791,0,0,0-6.771,0l-5.8,5.8a4.787,4.787,0,0,0,0,6.77l.892.891a4.785,4.785,0,0,0,6.771,0l2.736-2.735a1,1,0,1,0-1.414-1.415Z"></path><path d="M22.526,2.363l-.892-.892a4.8,4.8,0,0,0-6.77,0l-2.905,2.9a1,1,0,0,0,1.414,1.414l2.9-2.9a2.79,2.79,0,0,1,3.941,0l.893.893a2.786,2.786,0,0,1,0,3.942l-5.8,5.8a2.769,2.769,0,0,1-1.971.817h0a2.766,2.766,0,0,1-1.969-.816,1,1,0,1,0-1.415,1.412,4.751,4.751,0,0,0,3.384,1.4h0a4.752,4.752,0,0,0,3.385-1.4l5.8-5.8a4.786,4.786,0,0,0,0-6.771Z"></path></g></svg></div></a></article><p class="chakra-text css-oq46zu" node="[object Object]">The type of taxes that each state requires vary. Meanwhile, all LLCs are subject to Federal Taxes due to the IRS and are reported through the LLC’s EIN. For the filing of your taxes, it is best to consult your accountant.</p></div><div class="css-1ex7eg8"><div role="alert" node="[object Object]" class="chakra-alert css-m2u9dw"><p class="chakra-text css-oq46zu" node="[object Object]">BetterLegal has helped tens of thousands of business owners across the US set up their LLC.<a target="_blank" rel="noopener" class="chakra-link css-d6fk5b" href="https://betterlegal.com" node="[object Object]">Sign up today to start yours!</a></p></div></div></div><div class="chakra-stack css-1i5wc3y"><p class="chakra-text css-12u5if4">On this page</p><ul role="list" class="css-bhb3xr"><li class="css-64epic"><a class="chakra-link css-zxpuup" href="#whats-the-next-step-after-registering-my-business-in-new-mexico">What's the next step after registering my business in New Mexico?</a></li><li class="css-64epic"><a class="chakra-link css-gy1yvw" href="#why-is-it-important-to-maintain-my-llc-in-new-mexico">Why is it important to Maintain my LLC in New Mexico?</a></li><li class="css-64epic"><a class="chakra-link css-zxpuup" href="#filing-your-new-mexico-llcs">Filing your New Mexico LLC's</a></li><li class="css-1jicjyv"><a class="chakra-link css-zxpuup" href="#when-is-the-due-date-for-my-new-mexico-llcs-">When is the due date for my New Mexico LLC's ?</a></li><li class="css-1jicjyv"><a class="chakra-link css-zxpuup" href="#how-much-do-i-need-to-pay-for-my-new-mexico-llcs-">How much do I need to pay for my New Mexico LLC's ?</a></li><li class="css-1jicjyv"><a class="chakra-link css-zxpuup" href="#what-information-are-needed-when-filing-my-new-mexico-llcs-">What information are needed when filing my New Mexico LLC's ?</a></li><li class="css-1jicjyv"><a class="chakra-link css-zxpuup" href="#how-do-i-submit-my-new-mexico-llcs-">How do I submit my New Mexico LLC's ?</a></li><li class="css-1jicjyv"><a class="chakra-link css-zxpuup" href="#what-is-the-turnaround-time-for-my-new-mexico-llcs-">What is the turnaround time for my New Mexico LLC's ?</a></li><li class="css-1jicjyv"><a class="chakra-link css-zxpuup" href="#what-should-i-do-if-i-miss-my-new-mexico-llcs-s-due-date">What should I do if I miss my New Mexico LLC's 's due date?</a></li><li class="css-1jicjyv"><a class="chakra-link css-zxpuup" href="#i-missed-my-new-mexico-llcs-s-grace-period-for-late-submission-what-should-i-do">I missed my New Mexico LLC's 's grace period for late submission, what should I do?</a></li><li class="css-64epic"><a class="chakra-link css-zxpuup" href="#articles-of-organization">Articles of Organization</a></li><li class="css-64epic"><a class="chakra-link css-zxpuup" href="#operating-agreement">Operating Agreement</a></li><li class="css-64epic"><a class="chakra-link css-zxpuup" href="#licenses-and-permits">Licenses and Permits</a></li><li class="css-64epic"><a class="chakra-link css-zxpuup" href="#dbas-and-fictitious-names">DBAs and Fictitious Names</a></li><li class="css-64epic"><a class="chakra-link css-zxpuup" 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