How to File a New Mexico Annual Report
New Mexico corporations are required to file a Biennial Report (LLCs are not). You can file it yourself. Here’s how.
New Mexico Biennial Report Overview
Did we mention that LLCs are not required to file a Biennial Report in New Mexico? They’re not. But if you have a corporation, don’t worry, the New Mexico Biennial report is simple to file. It’s really just a small state tax ($25) you must pay every other year. The real trick is remembering to do it!
New Mexico Corpo
File Your NM Biennial Report Online
Corporations file the Biennial Report every other year, but the first report, or initial report, is due within 30 days of incorporation.
- First you’ll need to login or create an account with the New Mexico Corporations and Business Services Dvision.
- Once logged in, click the Corporations button at the top of the page, and from the drop down menu, select “Biennial Report”.
- In the search box provided, select your company name
- Once you’ve selected your company from the list provided, you can see your report due date, update any information, and pay the $25 fee.
Benefits of Hiring a Service
The step-by-step guide below will make it simple for you to file your New Mexico biennial report on your own. We promise.
But, business owners often hire out annual report filing because of the out-sized consequences of forgetting to do it themselves. A good commercial registered agent, like Northwest Registered Agent, includes annual report compliance reminders as part of their service. We’ve used lots of online services for this, but in our experience Northwest is the most transparent and helpful.
Deadlines and Filing Fees
The New Mexico biennial report is due on the 15th day of the fourth month of your corporations anniversary date.
Consequences of Filing Late
New Mexico charges a late fee of $200 if not paid on time.
Information You’ll Need for Your New Mexico Biennial Report
Here’s all the information you’ll need to have when filing:
- Principal address
- Incorporation date
- Current Registered Agent Name and Address
- Director/Officer names and addresses
- Business Tax ID
New Mexico Secretary of State’s Website
To file your annual report online, visit the New Mexico Department of State Website