New Mexico LLC and New Mexico Corporation

Filed with the New Mexico Public Regulation Commission (NMPRC) Corporations Bureau

New Mexico Corporation Names

The New Mexico Corporation name must include the word or an abbreviation of a word that indicates that the named entity is a corporation. Examples of a corporate name ending include “Incorporated,” “Corporation,” “Company,” or “Limited.” The name cannot state or imply that the corporation is formed for a purpose other than what is permitted in the articles of incorporation. Also, the name cannot be the same or deceptively similar to any active domestic or foreign corporation or LLC filed with the state.

New Mexico Limited Liability Company (LLC) Names

The New Mexico Limited Liability Company (New Mexico LLC) must use the term “Limited Liability Company”, “LLC” or “L.L.C.” The word “Limited” may be abbreviated as “Ltd.” And the word “Company” as “Co.” The name cannot state or imply that the LLC is formed for a purpose other than what is permitted in the articles of organization. Also, the name cannot be the same or deceptively similar to any active domestic or foreign corporation or LLC filed with the state.

Registered Agent

A corporation must maintain a registered agent at all times to accept any important service of process from the state. The registered agent must be located and available during regular business hours at a legal address within the state. New Mexico prohibits the use of a P.O. Box as your registered agent’s address.

Director Information

  • Minimum Number – One or more.
  • State Residence Requirements – None.
  • Age Requirements – Directors must be a natural person at least 19 years of age.
  • Directors are not required to be listed in the articles of incorporation.

Officer Information

Officers are not required to be listed in the articles of incorporation.

Stock Information

. The number of shares that the corporation is authorized to issue must be stated in the articles. . If applicable, the articles must have a designation of each class and series of shares, as well as statements of their relative rights and the authority of the board to divide or change the designation of such shares.

Corporate Records

Minutes of shareholders’ and directors’ meetings, a copy of the articles of incorporation and bylaws, the names and addresses of directors, and the most recent annual report must be kept with the corporation’s records.

Your Custom Entity Blueprint

Speak with an Anderson Professional Advisor to get your business planning blueprint to determine the best entity structure plan for you and your unique situation.