New Mexico annual report & compliance · Reviewed November 2026
New Mexico Annual Report Filing
New Mexico corporations file a biennial report, generally around March 15 every two years, and pay $25. New Mexico LLCs are generally exempt from the periodic report. Nonprofit corporations should confirm their current annual filing requirement.
At a glance
Who must file in New Mexico
New Mexico corporations file the biennial report. Standard LLCs are generally exempt from the periodic report.
The filing is separate from the entity’s income tax return, sales tax return, and payroll filings. Being current with the annual report does not by itself mean the entity is current on its taxes, and vice versa.
New Mexico annual report by entity type
| Entity | Due | State fee | Notes |
|---|---|---|---|
| Corporation | Generally March 15, biennial | $25 | — |
| LLC | No periodic report | $0 | — |
| Nonprofit corporation | Confirm with the Secretary of State | Confirm current requirement | — |
How to file the New Mexico annual report
- Confirm the entity and registered agent. Use the name and entity number on file with the New Mexico Secretary of State, Business Services. Confirm the registered agent and principal office are current.
- Gather the required information. Most reports ask for the principal office, registered agent, and the names or addresses of officers, directors, managers, or members.
- Prepare and review the report. Use the state’s online filing system or the current paper form. Review the entity type and filing period before submitting.
- Pay the state fee. The fee is paid to the state, separate from any service fee charged by our office. Save the confirmation and filed copy.
- Calendar the next deadline. Add the next annual or biennial due date to the entity calendar, and coordinate it with the registered agent and tax calendars.
What happens if the New Mexico report is late?
A late New Mexico corporate report can result in penalties and administrative dissolution.
If the entity has already lost good standing, reinstatement is usually a separate filing with its own fee. The longer the report remains unfiled, the more likely the state is to dissolve, revoke, or administratively terminate the entity.
New Mexico filing notes
New Mexico corporations file a biennial report, while standard LLCs are generally exempt from the periodic report. The corporate report is filed with the Secretary of State.
The report is separate from New Mexico gross receipts tax and income tax filings. An LLC that is exempt from the report may still have tax and licensing obligations.
New Mexico annual report questions
Official New Mexico resources
Fees, forms, and deadlines were reviewed in November 2026 and can change. This guide is general information, not legal, tax, or accounting advice. Confirm the current requirement with the New Mexico Secretary of State, Business Services or your professional adviser before filing.