Department of Revenue Portal
Department of Revenue Phone
505-827-0700
Name Reservation Required?
No
Taxpayer Portal
Comprehensive State Guide

General Business Information

New Mexico Department of Revenue
1100 South St Francis Drive
Santa Fe, NM 87504
P  505-827-0700

Portal Link

New Mexico Secretary of State
325 Don Gaspar Suite 300
Santa Fe, NM 87501
P  505-827-4508

Website Link

Small Business Advocacy
New Mexico District Office

PO Box 2206
Albuquerque, NM 87103
P  505-248-8225

Website Link

Business Filing Fees

LLC Filing Fee
$50.00
Incorporation Filing Fee
$125.00

Tax Information

Tax Type
Applicable
Rate / Fee
Due Date
Corporate Income Tax
Applicable:
Yes
Applicable:
4.8-5.9%
3/15
Sales Tax
Applicable:
Yes
Rate:
5.13%
Due Date:
25th day of the month following the reporting period
Property Tax
Applicable:
Yes
Rate:
0.55%
Due Date:
February 28
Unemployment Tax
Applicable:
Yes
Rate:
1.0% or Industry Average, whichever is higher
Due Date:
The end of the month following the end of each calendar quarter
Annual Report Required?*
*(C-Corp & LLC only)
Applicable:
Yes
Rate:
Corporations - $25 // LLC's - Not Required
Corporations - Biennially by the 15th day of the fourth month following the close of your fiscal year. // LLC's - Not Required
File Report

Additional Information

New Hire Reporting Required?
Yes
E-Verify Required?
No
Comprehensive State Guide

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