New Mexico Articles of Organization
When forming an LLC business structure, you first need to file the Articles of Organization with the New Mexico Secretary of State. This is a legal document that officially launches your new LLC into existence. After filing, the business can obtain an Employer Identification Number (EIN), state tax number, open a bank account, and register for business licenses.
Some of the required information needed to complete the Articles of Organization in New Mexico includes:
- Your new company’s name. When filling out this information be sure to include the entity designator at the end of the business name. The allowed designator can be Limited Liability Company, L.L.C., or LLC.If you haven’t verified already, be sure to do a name search with the Secretary of State to be sure the LLC name is available.
- The duration of your LLC. (Optional) This is not common, however, if there is a specified date the LLC will cease to exist, enter the date here. This is more common for investment-related entities.
- Name and address of your company’s registered agent. A registered agent is a party authorized to receive and accept service of process on behalf of your LLC. You may act as your registered agent or you may authorize an individual outside of the LLC or another company authorized by your state to act as a registered agent. The registered agent must use a physical street address in New Mexico.
- Management of the LLC. In the Articles of Organization, you will need to indicate whether the management structure is either member-managed or manager-managed.
- Single-Member LLC. Indicate if the LLC is owned by one person.
- The effective start date for your LLC. While you cannot back-date the formation date of your LLC, you can specify when you want the business entity to become effective at a time in the future.
The filing fee for the Articles of Organization is $50.
Mail the completed form and payment to:
New Mexico Secretary of State
Business Services Division
325 Don Gaspar, Suite 300
Santa Fe, NM 87501
In addition to the Articles of Organization, many LLCs will want to draft an operating agreement is an internal document outlining the governing structure and operating guidelines of the entity along with the responsibilities of the members.