Home State vs Foreign State › New Mexico › vs Nevada
New Mexico LLC vs Nevada LLC with New Mexico registration
Forming in New Mexico costs $50; forming in Nevada costs $425 and then New Mexico charges $100 to register it, so $525 to start.
Line by line
| State fee | LLC formed in New Mexico | LLC formed in Nevada, registered in New Mexico |
|---|---|---|
| Formation in Nevada | None | $425 |
| Formation in New Mexico | $50 | None |
| New Mexico foreign registration | None | $100 |
| Nevada yearly filing, two years | None | $700 |
| New Mexico yearly filing, two years | $0 | $0 |
| Two years of state fees | $50 | $1,225 |
Over two years the Nevada route costs $1,175 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
Nevada: formation and yearly filing from Nevada’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.