The New Mexico Articles of Organization are the LLC forms that must be completed and filed with the state in order to create an LLC.
It is simple to file the New Mexico Articles of Organization!
We’ll walk you through the three simple procedures of submitting the New Mexico LLC Articles of Organization.
Get Forms for Your Articles of Organization
Complete the Articles of Organization.
Keep the Articles of Organization on file.
Step 1: Obtain your Articles of Organization.
You must first register an online account in order to access the Articles of Organization forms.
Step two: Complete the Articles of Organization
We will assist you with completing the New Mexico Articles of Organization form in this phase.
To complete the form, you will need the following information:
Name and address of the entity
Date of Inception and Duration
Business Objective
Name of the Registered Agent and the Address of the Registered Office
Type of Governing Authority
Organizer Details
Name and address of the entity
A unique and clever company name is crucial, but it is not as necessary as a legally valid name.
When selecting a name for your company, you must ensure that the name:
fits the naming rules of New Mexico
is not already in use by another New Mexico firm.
Adhere to the New Mexico Naming Guidelines:
Your business name must contain the words “limited liability company” or “limited company” or one of its acronyms (LLC or L.L.C., LC, or L.C.). The term “limited” may be shortened to “ltd.,” while the word “company” can be shortened to “co.”
Your LLC’s name cannot include terms that may be confused with a government organisation (FBI, Treasury, State Department, etc.).
Certain prohibited terms (e.g., bank, attorney, university) may need extra documentation and the participation of a licenced professional in certain jurisdictions.
Your name must be distinct from any other current company in the state. This covers reserved names in New Mexico.
Examine Name Availability:
Is your surname legal in New Mexico? Do a name search on the New Mexico Secretary of State’s website to ensure that the name you choose isn’t already used.
Purchase a Domain Name
We suggest that you check to see whether your company’s name is accessible as a web domain. Even if you don’t intend to create a company website right away, you may wish to purchase the URL to prevent others from doing so.
Date of Inception and Duration
Provide the effective date of the Articles of Organization and specify whether the LLC’s term is permanent or if a dissolution date is set.
Purpose
You may start a limited liability corporation in New Mexico for any lawful or non-prohibited activity. New Mexico requires you to supply your business’s North American Industry Classification System (NAICS) code as well as a short description.
Remember that a business goal including licencing, tax-exemption, or tax-deductible status needs specific wording from the IRS or a professional licence.
Registered Office and Registered Agent
A registered agent receives and transmits legal paperwork on behalf of your LLC. When you form your New Mexico LLC, you must provide your registered agent and registered office address.
Your registered agent may be anybody over the age of 18 who resides in New Mexico. During regular business hours, your registered agent must always be accessible at the registered office.
Governing Bodies
You must pick whether your LLC will be member-managed or manager-managed. For additional information, see our article on determining the optimal structure for your LLC, Management by Members or Managers.
Organizer Details
Provide the names and addresses of your LLC’s organisers.
Additional Files
At the time of filing, LLCs must attach a completed Statement of Acceptance of Appointment by Designated Initial Registered Agent form. To legally agree to their appointment, your registered agent must sign this form.
If your LLC needs extra articles or a Letter of Consent, you may attach a PDF copy of it here.
Step 3: Submit the Articles of Incorporation.
You must submit the Articles of Organization with the Secretary of State to register your LLC.
Steps to Take After Forming Your New Mexico LLC
After filing your Articles of Organization, you should do the following:
Make a Business Agreement
Obtain an EIN
Establish a Business Bank Account
Purchase Licenses and Permits
Make a Business Agreement
A New Mexico LLC operating agreement is a legal document that details your LLC’s ownership structure and member functions.
Although an Operating Agreement is not necessary in New Mexico to incorporate an LLC, it is a good idea to have one. You may begin working on your operating agreement before, during, or after filing your Articles of Organization.
Your operating agreement will be held in the private business records of your LLC; you will not submit it with the state.
Obtain an EIN
An Employer Identification Number (EIN) is your LLC’s equivalent of a social security number. If you want to recruit staff or create company bank accounts, you’ll need an EIN.
You may get your EIN for free by using the IRS website, fax, or mail. Read our What is an EIN article to discover more about EINs and how they might benefit your LLC.
Establish a Business Bank Account
It is critical to use specific business banking and credit accounts to safeguard your company’s corporate veil. When you combine your personal and company accounts, your personal assets (house, vehicle, and other possessions) are at danger if your LLC is sued.
Purchase Licenses and Permits
When forming an LLC, you should consider if your company requires any licences or permissions to operate legally. There are a few commercial operations that need licences or permissions on the federal level.
Learn how to secure the licences and permissions required for your company, or hire an expert to handle it for you:
Federal: For federal business licences and permits, see the U.S. Small Business Administration (SBA).
State: Visit the New Mexico Business website to apply for or learn more about licences, permits, and registration.
Local: Inquire with your county clerk regarding local licences and permissions.