Corporation · New Mexico · 2026
What a corporation really costs in New Mexico
Every state fee and deadline for a corporation in New Mexico, from the official state source.
To form
$100
Articles of Incorporation (Profit)
First year with the state
~$150
Filing + one round of required reports and minimum taxes
With Incorra
$100
Free filing, state fee at cost. Or $349 with Plus (agent + reports, $249/yr).
Every recurring requirement
- New Mexico corporation first reportOnce, within 30 days of forming$25
- New Mexico corporation biennial reportEvery 2 years by March 15. Due by the 15th day of the 3rd month after the taxable year ends (March 15 for calendar-year companies). Filed every 2 years. Parity depends on the last digit of the NM certificate number, not the formation year: even digit = even years, odd digit = odd years (12.3.2 NMAC). $200 late penalty.$25
Questions
How much does it cost to form a corporation in New Mexico?
New Mexico charges $100 to file the Articles of Incorporation (Profit).
What does a corporation cost every year in New Mexico?
New Mexico corporation first report: $25, once, within 30 days of forming. New Mexico corporation biennial report: $25, every 2 years by March 15 (Due by the 15th day of the 3rd month after the taxable year ends (March 15 for calendar-year companies). Filed every 2 years. Parity depends on the last digit of the NM certificate number, not the formation year: even digit = even years, odd digit = odd years (12.3.2 NMAC). $200 late penalty.).
What if my corporation was formed in another state?
To do business in New Mexico you register as a foreign entity: Application for Certificate of Authority (Foreign Profit Corporation), $200.
Not sure a corporation is right?
Describe your business and Incorra compares LLC, S-corp and C-corp with your numbers, including the tax when you sell, then files it in New Mexico.
Plan my company freeSource: https://www.sos.nm.gov/business-services/ · not yet independently verified; confirm on the state site. State fees change; Incorra re-checks them regularly. General information, not legal or tax advice.