Company Dissolution in New Mexico

The Process

To dissolve a company in New Mexico first step is to have a meeting of its members (for LLC) or directors/shareholders (for corporation) and have a resolution drafted authorizing dissolution. Once such resolution was ratified, the process of dissolution involves the following steps:

1. Obaining Clearances & Consents

Clearance from the Taxation and Revenue Department, the Department of Workforce Solutions, and the Public Regulation Commission is required.

2. Filing Articles of Dissolution

Articles of Dissolution are filed with New Mexico Public Regulation Commission. The processing of dissolution at the New Mexico Public Regulation Commission level takes about 15 business days.

3. Newspaper Publication

There are no newspaper publication requirements to dissolve a company in New Mexico.

4. Updating Other Agencies & Company Documents

Don't forget to notify the IRS and other state agencies regaring the dissolution. Also, make sure you file a "final" tax return for the company.

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We will prepare and file your dissolution application in a professional manner with New Mexico Public Regulation Commission, as well as update the IRS regarding the dissolution. All you need to do is complete our simple application below.

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Our company is an independent business filing specialist and we are not affiliated with any state or goverment agency. We offer professional business filing services that ensure your company is accurately filed and in compliance.

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