Starting your own startup was never easier. Set up your LLC or Corporation and get to work on your venture, we'll take care of the paperwork!
All prices include All You Need Package so you don't have to worry about what is needed to start your own company. Just choose the right state and you're all set.
Why: Friendly laws
Get Delaware Company
Why: Low taxes
Get Nevada Company
Why: Strong economy
Get Texas Company
Why: Privacy laws
Get Wyoming Company
Our All You Need Package containts everything to get you started. You pay a single price per state and we take care about the rest for you.
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We save your valuable time by doing what we do best – creating companies. There are five main steps and some related administrative that we cover for you.
New Mexico regular filing is approximately 3 weeks. There is no option to expedite.
Once the company comes to live, you will need a few things to make it comply with the New Mexico laws. Some are one-off and some on yearly basis. Our system will remind you at the right time, so no worries.
|For Farmington, NM (2010)||Index Score|
|Misc. Goods & Services||98.2|
Business Inventory Tax
Business inventory is exempt.
Corporate Income Tax
New Mexico’s corporate tax structure consists of three brackets in which all income under $500,000 is taxed at 4.8%, income between $500,000 and $1 million is taxed at 6.4% and all income over $1 million is taxed at 7.6%.
Personal Income Tax
New Mexico’s personal income tax system consists of seven brackets and a top rate of 8.2% starting at an income level of $65,000.
Personal Property Tax
New Mexico is one of the 38 states that collect property taxes at both the state and local levels. New Mexico does not assess tax on intangible personal property.
State Sales and Use Tax
Base Rate: 5%
Machinery Rate: 5%
A credit is allowed against the gross receipts tax, compensating tax, or withheld income taxes due in an amount equal to the percent of the compensating tax rate applied to the value of qualified equipment incorporated into manufacturing operation in New Mexico.
New Mexico’s new employers’ rate is 2.0% for 4 years.
Phone: (702) 871-8678