Home State vs Foreign State › New Mexico › vs Delaware
New Mexico LLC vs Delaware LLC with New Mexico registration
Forming in New Mexico costs $50; forming in Delaware costs $110 and then New Mexico charges $100 to register it, so $210 to start.
Line by line
| State fee | LLC formed in New Mexico | LLC formed in Delaware, registered in New Mexico |
|---|---|---|
| Formation in Delaware | None | $110 |
| Formation in New Mexico | $50 | None |
| New Mexico foreign registration | None | $100 |
| Delaware yearly filing, two years | None | $800 |
| New Mexico yearly filing, two years | $0 | $0 |
| Two years of state fees | $50 | $1,010 |
Over two years the Delaware route costs $960 more in state fees than forming at home.
State income, franchise and gross-receipts taxes are separate, are not in these totals and are the same or similar on both routes.
If you register in New Mexico
Mainstay Filing prepares the New Mexico registration (Foreign LLC Certificate of Registration) for $199 plus the state fee, with the registered agent included for the first year. The 3 services we rank for New Mexico are on the New Mexico page.
Where the numbers come from
Delaware: formation and yearly filing from Delaware’s own pages. New Mexico: foreign registration and yearly filing from the New Mexico Secretary of State, Business Services Division and the sources on the New Mexico page.