Company Name | LLCs’ names must end with “Limited Liability Company,” “Limited Company,” “Ltd. Co.,” “LC,” “LLC” or “L.L.C.” The proposed name must not be similar or the same as any foreign or domestic LLCs or a reserved name or registered by another LLC unless you have obtained the written permission from other LLCs. The following words cannot be used, including “Bank,” “Insurance,” “Little League,” “Olympic” and “Trust”. The proposed name must not imply other purposes not contained in the Articles of Organization. | Corporations’ names must end with "Corporation," "Incorporation," "Company," "Limited" or an abbreviation thereof. The proposed name must not be similar or the same as any foreign or domestic corporations or a reserved name or registered by other corporations unless you have obtained the written permission from other corporations. The proposed name must not imply other purposes not contained in the Articles of Incorporation The following words cannot be used, including “Bank,” “Insurance,” “Little League,” “Olympic” and “Trust”. |
Board of Directors | New Mexico LLCs require to have at least one or more managers/members. New Mexico LLCs do not have age and residency requirements for managers/members. The Articles of Organization does not require to list the names and addresses of the managers/members. | New Mexico corporations require to have at least one or more directors/shareholders. New Mexico corporations do not have age and residency requirements for directors/shareholders. The Articles of Incorporation does not require to list the names and addresses of the directors/shareholders. |
Other requirement | Annual Report: New Mexico LLCs do not require to file the Annual report Registered Agent: LLCs in New Mexico must list the name and physical address of the registered agent, in addition to the normal business hours for accepting the important government documents. Employer Identification Number (EIN): LLCs with employees are required to have an EIN. In addition, to open a business bank account also needs the LLCs to have an EIN. New Mexico is one of many US states that require LLCs to have a state tax identification number. | Annual Report: New Mexico corporations require to file the report by the 15th day of the fourth month following the close of your fiscal year. Registered Agent: Corporations in New Mexico must list the name and physical address of the registered agent, in addition to the normal business hours for accepting the important government documents. Stock: Corporations in New Mexico must list the authorized share and par value in the Articles of Incorporation. Employer Identification Number (EIN): LLCs with employees are required to have an EIN. In addition, to open a business bank account also needs the LLCs to have an EIN. New Mexico is one of many US states that require corporations to have a state tax identification number. |