Call Us Now: +1 (877) 330-2677 Live Chat: ONLINE NOW            
https://d25eic0jctudgb.cloudfront.net/images/site/general/answers-to-answers-8743d0241f5d8c2c996225efe2063f89
https://d25eic0jctudgb.cloudfront.net/images/site/headlines/articles.jpg-5fa541d76bf4be9016b1176147b3bc96

New Mexico LLC Needed to pay Franchise Tax?

Asked by: Rocky - 16 August, 2012
https://d25eic0jctudgb.cloudfront.net/images/site/avatars/default.png-f1597c1da25f30f8c1a941405e8391c8 Does a New LLC (1 Owner) in New Mexico State has to pay any Franchise Tax? For example in Delaware it is $250/year, and for New Mexico is?

I am little confused if New Mexico, single owner LLC is exempted from paying any Franchise Taxes? Does the State Require any Franchise Tax like Delaware State? Can any one who is already paying or incorporated in New Mexico can reveal more about this?
Answered by: Ray Albert - 17 August, 2012
https://d25eic0jctudgb.cloudfront.net/images/site/avatars/194.jpg-630c771619e92bede7e6f696b56767b9 Rocky,

Depending on the type of business you would be conducting, New Mexico can sometimes be a very beneficial state to be incorporated in. One of those reasons is that single or multi-member LLCs registered in New Mexico are not required to file an annual report, or pay any franchise taxes.

We Want To Connect With You!

Social Media is increasingly the preferred method for businesses to connect with their clients, peers and customers. We are dedicated to share information and useful tools to help you grow your business.

Like us on Facebook, follow us on Twitter, and let's begin the exchange to Help Grow America One Business at a Time - starting with yours!

https://d25eic0jctudgb.cloudfront.net/images/site/general/payment-methods-footer-052a63251a379d6e5ece1801f07470fc Official PayPal Seal SecurityMetrics for PCI Compliance, QSA, IDS, Penetration Testing, Forensics, and Vulnerability Assessment