10 Best LLC Services in New Mexico (Ranked & Reviewed 2024)
Starting a business in New Mexico as an entrepreneur can be exciting, but choosing the best LLC service is crucial for success.
The best LLC services in New Mexico offer valuable resources that streamline the formation and management of your limited liability company, ensuring compliance with state regulations and protecting your assets.
My top pick? Northwest stands out for its exceptional service, customer support, address privacy, and value.
You risk potential legal pitfalls, unnecessary delays, and added stress during formation without the right service.
In this article, I discuss the best LLC services in New Mexico.
Best LLC Formation Services in New Mexico
Here’s a comparison list of the top LLC companies in NM:
LLC Company | Formation Fee | Free Registered Agent Included | Free EIN Included |
---|---|---|---|
Northwest Registered Agent | $39 + state fees | Yes | No |
Tailor Brands | Starting at $0 + state fees | No | No |
Doola | $0 + state fees | Yes | Yes |
ZenBusiness | Starting at $0 + state fees | No | No |
Better Legal | $299 + state fees | No | No |
Swyft Filings | $0 + state fees | No | No |
Bizee (formerly IncFile) | $0 + state fees | Yes | No |
Inc Authority | $0 + state fees | Yes | Yes |
Rocket Lawyer | $99 + state fee for LLC formation (or $0 + state fee if you’re a subscriber) | No | No |
LegalZoom | $79 + state fees | No | No |
1. Northwest Registered Agent (Best Overall New Mexico LLC Service)
- LLC Formation Fee: $39 + State Fee
- Registered Agent Fee: $0 for the first year, $125 annual renewal
- Google Review Rating: 4.7/5
- Visit Website: northwestregisteredagent.com
Northwest Registered Agent, founded in 1998, has established a reputation for offering a no-nonsense, privacy-focused approach to business formation and registered agent services.
While other companies might push unnecessary upsells, Northwest keeps things simple and transparent—making them a trusted name in business formation.
One thing that sets Northwest apart is its personal touch. Every client gets a dedicated Corporate Guide who sticks with them throughout the entire process, making the experience far more personalized than many competitors offer.
Whether starting your LLC or needing ongoing compliance support, Northwest has built a strong reputation by focusing on what matters most: reliable, privacy-first service without the hassle.
If you want to establish your business in New Mexico, they provide a comprehensive package that includes all the essentials, making it a top contender in the LLC formation space.
Check out my comprehensive Northwest registered agent review to learn more!
Standout Features of Northwest Registered Agent
$39 Formation Fee Discount
With a formation fee of just $39, it is among the most affordable options for LLC formation.
Despite the affordable price, Northwest Registered Agent maintains a high standard of service, offering personalized customer support and privacy protection.
The $39 fee includes essential formation services, ensuring a solid foundation while keeping upfront costs manageable. It is important to note that this formation fee does not include the $50 New Mexico state filing fee.
Privacy Protection
One key feature of Northwest Registered Agent is the option to use their address for LLC paperwork. This unique offering helps you maintain privacy by keeping personal addresses off public records.
Free Registered Agent Service
Additionally, you receive a year of free registered agent service when you sign up for LLC formation. This provides essential support for your business by receiving legal documents and official correspondence at a physical address on your behalf.
This initial offer allows you to save money while benefiting from their services, as other companies charge as much as $200 for this service.
This includes local document scanning, business address use, and mail forwarding access to a company management system.
Transparent pricing with no hidden fees or upsells
Northwest Registered Agent is known for its transparent pricing structure with no hidden fees or upsells that can surprise you later. The price you see is the price you pay, making budgeting easier.
Northwest Registered Agent offers a straightforward pricing structure with a $39 formation package. This fee covers the essential services needed to establish an LLC in New Mexico, including the first year of registered agent service.
You also benefit from additional features such as mail forwarding, a business address, and a free domain. While some competitors charge over $200 annually for registered agent services, Northwest’s pricing remains highly competitive.
Expedited Filings
Northwest offers expedited filings if you need your LLC formed quickly. This option can significantly speed up the process, ensuring you can start your business without unnecessary delays.
Free Entity Forms
This refers to the free downloadable legal forms and documents Northwest Registered Agent offers. These forms are designed to help you handle many aspects of the incorporation and ongoing compliance process.
Some critical forms provided include operating agreement templates, incorporation articles, bylaws, meeting minutes, and resolutions. These documents are crucial for legally forming and maintaining an LLC.
By offering these for free, Northwest allows you to avoid the additional costs that often come with hiring lawyers or using paid services for essential paperwork.
Excellent Customer Service
Northwest Registered Agent believes in enabling clients to reach out when they need support. For this reason, their phone number is readily available on every webpage.
Additionally, Northwest Registered Agent also offers email and chat support.
Northwest’s customer service representatives are all subject matter experts and available to help rather than focusing on selling you something.
Northwest Registered Agent Pros and Cons
Pros:
- You can use their address for your LLC, enhancing your privacy.
- The first year of registered agent services is complimentary.
- No-cost access to vital business entity forms on their platform.
- It is competitively priced at $39, which includes many valuable features.
- Expert support is available to guide you through the formation process.
Cons:
- Customer service is not available around the clock.
- The initial formation package does not include an EIN (Employer Identification Number).
2. Tailor Brands (Best LLC Service for New Mexico Startups)
- LLC Formation Fee: $0 + state fee
- Registered Agent Fee: $199/year
- Google Rating: 4.4/5
- Visit Website: tailorbrands.com/llc
Tailor Brands is an excellent option for startups in New Mexico looking for a simple, cost-effective way to form an LLC.
Launched in 2014 as an AI-powered logo design tool, Tailor Brands grew beyond helping entrepreneurs create a visual identity. Today, it offers an all-in-one platform that includes everything from branding and website creation to LLC formation services.
They aim to help small businesses and startups get off the ground without breaking the bank. What makes them stand out is their ability to streamline both branding and business formation into one cohesive experience.
For New Mexico entrepreneurs, Tailor Brands offers a smooth, all-in-one platform to handle building a brand and legally setting up a business.
Standout Features of Tailor Brands
$0 + State Fees LLC Formation
Tailor Brands allows you to start your LLC formation for as low as $0, plus the $50 state filing fee. This pricing option is ideal for those on a tight budget. You only pay the necessary fees to your state.
Formation Process Simplicity
Tailor Brands is designed with simplicity in mind. It offers a basic LLC formation package with essential services like starting an LLC, conducting a New Mexico name availability search, and providing priority support.
Comprehensive branding tools available
Tailor Brands provides a variety of branding tools and LLC services. You can access logo design and business card creation features when you form your LLC. These tools help establish your brand’s identity right from the start.
Trademark, permits, taxes, and bookkeeping services
In addition to LLC formation, Tailor Brands offers trademark and permit services and tax and bookkeeping assistance. This means you can get help with various aspects of running your business, reducing the stress of managing these tasks yourself.
Business name generator included
Tailor Brands offers a business name generator as part of its services. This tool can help you brainstorm names that fit your brand. Finding a unique and catchy name can be challenging, and this feature helps streamline that process.
Straightforward Pricing and Plan
Tailor Brands offers three LLC formation packages: the Lite plan is free, the Essentials plan costs $199/year, and the Elie plan costs $249/year.
You can opt for the Lite plan, which lets you form your LLC for free, and you can opt for several add-on services that are offered at competitive rates, such as:
- Registered Agent Service: $199/year
- Employer Identification Number (EIN): $99 (one-time fee)
- Annual Compliances: $299/year
- Operating Agreement: $29
- Expedited Filing: $49
- Business Bank Account: Free
Remember that the state filing fee of $50 is separate and must be accounted for when budgeting.
Additional Services
Additional features include unlimited name availability checks, which can be crucial for startups. While it has a single plan, the add-ons allow entrepreneurs to customize their services based on specific needs.
This flexibility is ideal for new business owners who may require different services as they grow.
Tailor Brands Pros and Cons
Pros:
- Free LLC Formation
- Inexpensive expedited processing at $49.
- Offers free business bank accounts, adding value for new businesses.
- Unlimited name availability checks
- Additional services like logo design and website creation
Cons:
- It is not accredited by the BBB, which may concern some users.
- No free registered agent services
- Extra costs associated with obtaining an EIN can add up.
3. Doola (Best for non-residents)
- LLC Formation Fee: $297 + State Fees
- Registered Agent Fee: $297, renews at $297/year
- Google Rating: 4.6/5
- Visit Website: doola.com
Doola, launched initially as StartPack in 2020, was created with one clear goal: to make it easier for non-U.S. residents to form and manage businesses in the U.S. Whether you’re an international entrepreneur eyeing the U.S. market or just looking for a smoother way to start your business, Doola is built to simplify the process.
Doola covers all the bases, from establishing an LLC to managing bank accounts, tax support, and accounting. Navigating U.S. business regulations can be tricky for non-residents, but Doola streamlines everything, making it more accessible.
Since its start, the platform has grown to support startups and small businesses worldwide, offering a reliable solution for global founders who want to operate in the U.S.
So, if you’re in New Mexico or beyond, Doola could be the perfect partner to get your business off the ground, no matter where you’re from.
Read my comprehensive Doola review to know more.
Standout Features of Doola
$297 Formation Fee
Doola charges a $297 formation fee, which covers a year of Registered Agent service and obtaining an Employer Identification Number (EIN).
The Registered Agent handles legal documents for you, and the EIN is needed for taxes and opening a business bank account. Doola includes these services in the fee without any hidden costs, unlike other companies that charge extra for the EIN.
Registered Agent
Doola offers several features tailored explicitly for non-residents. Firstly, the service provides a registered agent, a requirement for all LLCs in New Mexico. This ensures compliance with state regulations while allowing business owners to maintain privacy.
After the first year, the Registered Agent service costs $297 annually, which is expensive compared to other services.
Banking and Payment Gateway Support for Startups
Doola understands the importance of having smooth banking and payment processes. It offers support to help you set up a business bank account and payment gateway. Many startups struggle with this process, so Doola’s assistance can be invaluable.
All-in-one Compliance Package
Doola also provides an all-in-one compliance package that covers annual filings, tax reporting, IRS requirements, and many other premium services. This package helps you stay on top of your legal obligations and avoid penalties.
Free CPA Consultations and Ongoing Business Support Services
When you choose Doola, you get free consultations with a CPA. This can be highly beneficial, especially if you have questions about taxes or financial strategy. Additionally, Doola offers ongoing support services, ensuring you can access expert advice whenever needed.
Operating Agreement Templates
The platform also includes an Operating Agreement template and access to ongoing compliance support, assisting you in smoothly navigating U.S. business requirements.
Straightforward Pricing and Plans
Doola’s pricing is competitive and straightforward. The Starter Package costs $297 per year, which includes the registered agent service, an EIN, and an Operating Agreement.
For those seeking more comprehensive support, the Total Compliance Package is available for $300 per month or $1,999 per year. This package includes annual state filings, IRS tax filings, and access to a dedicated Account Manager.
It is important to note that state fees for LLC formation in New Mexico are separate.
Doola Pros and cons
Pros:
- User-Friendly Interface
- Comprehensive Packages
- Responsive customer service helps resolve issues quickly.
- Compliance Focus
Cons:
- Monthly fees for the Total Compliance Package may be high for small businesses.
- Some users express a desire for more tailored options in their service packages.
4. ZenBusiness
- LLC Formation Fee:Â $0 + state fees
- Registered Agent Fee:Â $199/year
- Google Rating: 4.5/5
- Visit Website: zenbusiness.com
ZenBusiness started in 2015 with a simple mission: to make it easier and more affordable for small business owners and entrepreneurs to get their ventures off the ground.
Based in Austin, Texas, they set out to streamline everything from forming an LLC to handling compliance, offering a full range of services like registered agent support, annual compliance checks, and business tools that help.
What sets ZenBusiness apart is their user-friendly platform and upfront pricing—no surprises, just a clear path to starting and maintaining your business.
They’ve become a go-to for thousands of entrepreneurs looking for a hassle-free way to manage everything from business formation to website creation, domain registration, and even business banking.
If you’re in New Mexico and looking to kickstart your business journey, ZenBusiness could be just the partner you need. They take the guesswork out of the process so you can focus on what matters—growing your business.
Standout Features of ZenBusiness
Worry-Free Compliance Package
This service ensures that ZenBusiness alleviates the stress of maintaining compliance with state filings.
Affordable LLC Formation Packages Starting at $0 + State Fees
ZenBusiness also provides a free plan that, while limited, covers the essentials like standard New Mexico LLC filing and tax consultation. The Pro and Premium plans include additional features such as operating agreements, rapid processing, and business website creation for those requiring more comprehensive services.
Effective Customer Support
ZenBusiness offers customer support six days a week, surpassing the availability of many other New Mexico LLC services.
You can reach their sales team by phone or via live chat from Monday to Friday between 8 a.m. and 8 p.m. CT or on Sundays from 9 a.m. to 6 p.m. CT. Additionally, email inquiries are typically answered within one business day.
Domain Name Registration, Logo, and Website Services Available
ZenBusiness also offers domain name registration, logo design, and website creation. This can save you time and effort, allowing you to focus on running your business.
With their user-friendly online tools, you can secure a domain name that fits your brand as soon as you set up your LLC. This integrated approach means you can have a complete business setup without needing multiple providers.
Name Reservation with a Name Availability Search
ZenBusiness lets you reserve your LLC name and perform a name availability search. This is crucial since state laws require that your LLC name be unique. You can check if your desired name is available before officially filing, preventing issues later.
This service helps you secure the perfect name that aligns with your vision, giving you peace of mind before making any commitments.
LLC Banking and Finance Tools Available
ZenBusiness offers banking and financing tools designed for LLCs. These tools help you manage finances effectively and can integrate seamlessly with your accounting software.
Comprehensive Pricing and Plans
ZenBusiness offers tiered pricing with three main plans tailored to different business needs. The Starter plan is free but limited to essential filing services.
The Pro plan costs $199 plus state fees and includes more extensive features like compliance support. The Premium plan costs $299 plus state fees and contains the most comprehensive offerings, including a business website and a domain name.
This tier provides small business owners with a one-stop solution for their various needs, which can save time and effort.
ZenBusiness Pros and Cons
Pros:
- User-friendly interface that simplifies the LLC formation process.
- The comprehensive feature set is mainly in the Pro and Premium plans.
- Excellent customer support is available six days a week.
- Worry-Free Compliance Package offers peace of mind regarding annual filings.
Cons:
- The free plan lacks essential features, making it less useful for new business owners.
- Confusing packages and auto-renewing services.
5. BetterLegal
- LLC Formation Fee: $299/year
- Registered Agent Fee: $90/year + state fees
- Google Rating: 4.3/5
BetterLegal may be a newer name in the business formation world, having launched in 2017, but they’ve quickly made a mark with their no-nonsense approach to forming LLCs and corporations.
Designed to be fast, simple, and fully transparent, they’ve become a go-to for entrepreneurs who want to get their business off the ground without jumping through hoops.
One of BetterLegal’s standout features is speed—they let you file your business in as little as two days.
Their flat-rate pricing is another big win. It covers everything from filing to operating agreements, EIN setup, and compliance services, so you don’t have to worry about hidden fees popping up later.
If you’re looking for a quick, easy, and transparent way to launch your New Mexico venture, BetterLegal can help.
Standout Features of BetterLegal
$299 Formation Fee
For $299 plus state fees, customers can complete their LLC formation online, often within 10 minutes. This quick turnaround is crucial for those eager to start their businesses swiftly.
LLC Formation Simplicity
BetterLegal distinguishes itself with its commitment to simplicity. The company offers one straightforward plan for LLC formation, eliminating the confusion associated with multiple packages.
Guided Help
Additionally, BetterLegal provides a resource center that assists new entrepreneurs. While the service does not include legal consultations, it offers guidance that helps users navigate the filing process successfully.
Straightforward Pricing and Plan
BetterLegal’s pricing structure is transparent and uncomplicated. The flat rate is $299 plus state filing fees, typically around $50. You can expect no hidden charges, which is a significant advantage.
Beyond the basic package, BetterLegal offers various add-on services tailored to specific needs. These include:
- Registered Agent Service: $10/month or $90/year
- Annual Compliance Services: $10/month or $90/year
- Permit & License Search Service: $125
- Document Amendments & Research: Free with the core package
BetterLegal Pros and Cons
Pros:
- Competitive pricing with no hidden fees
- Quick turnaround, allowing filings in under 10 minutes
- A user-friendly resource center to aid in the filing process
- An A+ rating with the Better Business Bureau
Cons:
- There is no refund policy; all sales are final
- The basic formation package does not include a registered agent service
- Additional charges may apply for obtaining an EIN
6. Swyft Filings
- LLC Formation Fee: $0 + state fees
- Registered Agent Fee: $149 per quarter
- Google Rating: 4.3/5
Swyft Filings, founded in 2015, was created to simplify and speed up business formation. Whether you’re a small business owner, entrepreneur, or looking to start a nonprofit, Swyft Filings makes it easy to get started without wading through confusing paperwork.
Their platform is known for being user-friendly and affordable, and they offer extra services like registered agent support and compliance tools to keep your business running smoothly.
With fast turnaround times, Swyft Filings has become a top choice for anyone looking to form an LLC or corporation, especially for those who want to avoid the headache of dealing directly with state bureaucracy.
Swyft Filings is a solid option for entrepreneurs in New Mexico who want an efficient, straightforward way to launch their business without all the hassle.
Standout Features of Swyft Filings
Affordable LLC Formation Packages Starting at $0 + State Fees
SwyftFilings provides one of the most economical options for forming an LLC. Their basic plan starts at $0, but you must pay the state filing fees.
This package covers the essentials, such as name availability checks, preparing the Articles of Organization, and filing with the New Mexico Secretary of State, allowing you to set up your LLC without a hefty upfront cost.
Their premium package, available for $299, includes additional benefits such as faster processing times and access to various customizable legal documents.
Expedited Filing Option
For those requiring faster processing, the Premium plan provides same-day filing and express shipping options. For a little less money, you can opt for the mid-tier plan and still receive five-day express filing.
Expensive Registered Agent Services
SwyftFilings registered agent services are relatively expensive, starting at $149 per quarter. This is significantly higher compared to other providers who offer more budget-friendly options.
Comprehensive Features
Additional premium features include more than 250 customizable documents, a one-year domain subscription from Squarespace, and a customized digital LLC kit. Real-time order tracking helps you stay informed about their application status. Business specialists’ support ensures customers receive tailored assistance throughout the formation process.
Customer Support
Every Swyft Filings plan, including the free option, comes with lifetime customer support via phone or email. However, assistance is only available during business hours, Monday through Friday, from 9 a.m. to 6 p.m. CST.
While the website has a chat feature, it’s not an actual live chat, as it notes responses “typically reply within a day.”
EIN Application
This is a crucial step for LLCs hiring employees or opening a business bank account. This is included in the Standard and Premium packages, and for customers with the Basic package, Swyft Filings offers this feature for $70.
Transparent Pricing and Plans
Swyft Filings provides a tiered pricing structure with plans that accommodate different budgets. The free plan includes essential services but lacks registered agent support, which costs $149 per quarter.
The Standard plan offers a five-day express filing service for a higher fee, while the Premium plan includes same-day filing and the most comprehensive features. Each paid plan is designed to deliver value, as expedited options are included without hidden costs.
These plans balance affordability with functionality, allowing startups and established businesses to select a package that meets their requirements.
Swyft Filings Pros and cons
Pros:
- The free plan is attractive for budget-conscious entrepreneurs.
- Same-day and express filing options cater to those needing quick formation.
- Lifetime customer service and access to business specialists enhance user experience.
- Customizable Features
Cons:
- The absence of included registered agent services
- While offering valuable features, the Premium plan could be more expensive than essential competitors.
7. Bizee (formerly Incfile)
- LLC Formation Fee: $0 + state fees
- Registered Agent Fee:Â $119/year
- Google Rating: N/A
Bizee, originally known as Incfile, was founded in 2004 to facilitate the start-up of entrepreneurs and small businesses.
They quickly made a name for themselves by offering affordable, user-friendly services—including free LLC formation (you only pay state fees) alongside premium packages for those looking for more.
Over time, they expanded to offer more, like registered agent services, compliance support, and other business tools that help keep everything running smoothly.
In 2023, they rebranded as Bizee to reflect their growing focus on being more than just a formation service—becoming a full suite of business management solutions.
Despite the new name, Bizee is a go-to choice for fast, affordable, easy-to-use business formation services. For those in New Mexico, Bizee offers the same hassle-free experience, making starting and managing your business simple.
Standout Features of Bizee (formerly Incfile)
$0 LLC Formation
The free Basic plan includes essential services like LLC formation and a full year of registered agent support, which is a significant saving compared to other providers.
If you think all of the free features are sufficient for your needs, but you want expedited filing, you could pay just $50 for that one upgrade.
Compliance Alerts
All plans come with lifetime compliance alerts, ensuring businesses comply with New Mexico regulations.
Free One-Year Registered Agent Service with Formation
When you choose Bizee to form your LLC, you receive a free registered agent service for the first year. The registered agent acts as your business’s official contact. They receive critical legal documents and official correspondence on your behalf.
After one year, you must renew this service at $119/annually.
Comprehensive Features
For more comprehensive needs, Bizee’s Standard and Premium plans provide operating agreements, expedited filing, and access to IRS forms for S-corp taxation. Customers can customize their plans by selecting add-ons, creating flexibility in service tailoring.
Customer Support
All of Bizee’s plans include unlimited phone and email support. However, it is essential to note that support is not available 24/7. Agents are only available Monday through Friday between 9 a.m. and 6 p.m. CT.
Bizee also has a live chat button on its website, which is only available during phone support hours.
Business License Research
Your business may need a New Mexico Business License to operate. Sometimes, figuring out exactly which business licenses you need can be confusing. If you hire Bizee to form your LLC, you can add their business license research service during checkout.
You can purchase the IncFile stand-alone business license research service if you hire another company or form your LLC.
Straightforward Pricing and Plans
Bizee’s pricing structure is designed to accommodate businesses at different stages. The Basic plan is free, requiring only state filing fees, while the Standard plan is $199 and the Premium plan is $299. This pricing includes several essential services.
The Standard and Premium plans offer additional features, such as operating agreements and IRS form 2553, expedited filing, and free domain registration in the highest tier.
For businesses that don’t need an entire package, Bizee allows you to add specific features, such as expedited filing for an additional $50. This approach offers transparency and flexibility, which many business owners appreciate.
Bizee Pros and cons
Pros:
- The free Silver plan is attractive for startups looking to minimize costs.
- A year of registered agent service is included with all plans, adding significant value.
- Customizable Add-Ons
- Easy online process
- Business name availability check
- Good customer support
Cons:
- Limited Customer Support Hours
- Mixed Support Quality
- Some users find the language on the website unclear, especially regarding policies and services offered.
8. Inc Authority
- LLC Formation Fee: $0 + state fees
- Registered Agent Fee: $179/year
- Google Rating: 4.8/5
Inc. Authority, founded in 1989, is one of the oldest and most trusted names in business formation.
While they initially focused on helping entrepreneurs set up LLCs and corporations, it’s grown to offer much more, including registered agent services, tax planning, and ongoing compliance support to keep businesses running smoothly.
One thing that sets Inc. Authority apart is their free LLC formation service. You only need to cover the state fees, making it a popular choice for small business owners and startups looking to get started without a hefty price tag.
With over 30 years in the game, Inc. Authority has proven itself as a reliable and affordable option for anyone looking to launch and grow a business in New Mexico.
Standout Features of Inc Authority
Free LLC Formation Service (only pay state fees)
Inc Authority is known for its free LLC formation service, where you only pay the state filing fees. The platform lets you complete your LLC application online and guides you through each step. You’ll receive various essential documents, which include your Articles of Organization.
Free One-Year Registered Agent Service
When you start your LLC with Inc Authority, you also receive a free registered agent service for the first year. After the first year, you can continue their registered agent service for an annual fee of $179.
Customizable LLC Packages with Free Add-Ons
Inc Authority provides customizable LLC packages that let you choose services based on your needs. You can select different add-ons, including operating agreements, EIN services, etc. The cool part is that all these come for free within the first year, which is fantastic!
EIN, Tax ID, and Operating Agreement Services Available
In addition to LLC formation, Inc Authority offers services to obtain an Employer Identification Number (EIN) and create an operating agreement. An EIN is essential for tax purposes and hiring employees. The operating agreement outlines how your LLC will operate and is crucial for internal management.
Vague Pricing and Plans
Inc Authority primarily operates on a free plan that includes fundamental services. Paid plans, such as the Starter and Fast Track, are available for those seeking additional features.
Both paid options, including operating agreements, stock certificates, compliance notifications, and web domains with multiple email addresses, provide extensive benefits.
Unfortunately, the pricing of these paid plans is not transparent. Potential users must contact Inc Authority directly to obtain detailed pricing information.
This might deter some businesses, but the free options offer robust service for startups and basic needs.
Inc Authority Pros and Cons
Pros:
- You get a comprehensive free plan that covers essential services.
- A free year of registered agent services adds value to your package.
- Additional options include a free EIN and various expedited services.
- Customer support is readily available via phone and email, ensuring you have assistance when needed.
Cons:
- There is a lack of transparency regarding the pricing of their paid plans.
- They do not provide legal consultations, which may be a drawback for some users.
9. Rocket Lawyer
- LLC Formation Fee: $0 + state fees
- Registered Agent Fee: $149.99/year
- Google Rating: 4.3/5
Rocket Lawyer was founded in 2008 by Charley Moore with a simple mission: to make legal services more affordable and accessible to everyone, whether individuals or businesses.
They started by offering online legal document templates but quickly expanded to cover much more. Today, Rocket Lawyer provides complete legal services, from LLC formation to legal advice from attorneys.
Need a contract, will, or legal document? They’ve got you covered. They run on a subscription model, so for a monthly fee, you get access to legal documents, consultations, and support whenever you need it.
Over the years, Rocket Lawyer has become one of the top online legal service platforms, blending technology with law to make things easier for individuals and businesses in New Mexico.
Standout Features of Rocket Lawyer
Affordable LLC Formation Packages Starting at $0 + State Fees
Rocket Lawyer offers an appealing way to start your LLC without upfront costs. With their Rocket Legal+ monthly membership of $39, you can form your first LLC for free, though state fees still apply.
This deal gives you an advantage if you’re on a tight budget. After that, Rocket Lawyer provides additional services at discounted rates for members, making ongoing support affordable.
Easy LLC Formation Process
Rocket Lawyer’s platform emphasizes simplicity, allowing you to easily navigate the LLC formation process. Instead of traditional lengthy forms, it presents questions that guide you through the necessary steps, reducing confusion for new business owners.
Document Library
In addition to standard LLC services, Rocket Lawyer offers a document library with customizable templates for various legal documents, including contracts, NDAs, and other essential forms.
Legal Consultations
Members also gain access to legal consultations, which can benefit entrepreneurs seeking ongoing legal advice.
Support
Rocket Lawyer clients can contact customer service by phone, email, or live chat. However, none of these services are available 24/7. Phone support is available from 6 a.m. until 6 p.m. PT, Monday through Friday. There is also a live chat button on the website.
If customer service isn’t available or you like finding answers, Rocket Lawyer offers a page with frequently asked questions and their corresponding answers.
These questions relate to the free trial, memberships and subscriptions, and technical support for your account.
Subscription-based Pricing and Plans
While Rocket Lawyer’s initial offer is attractive, it requires a monthly membership. This membership may be worthwhile if you plan to use their legal resources frequently.
However, other options may be more economical if you only need a one-time LLC service.
RocketLegal+ costs $19.99 per month with an annual commitment (billed annually at $239.88) and provides users with a 50% or more significant discount on professional services.
If you sign up for the RocketLegal plan, which costs $39.99 per month but has no year-long commitment, you must pay the total price for these services. For example, with RocketLegal+, you’d pay $74.99 to hire a lawyer for 15 minutes compared to the $149.99 regular price.
Business registration is an even better deal for RocketLegal+ subscribers. It is free, excluding state fees, which are $50 in New Mexico.
Rocket Lawyer Pros and Cons
Pros:
- The website is intuitive, making it easy for users to navigate.
- Offers extensive resources, including document templates and legal consultations.
- Ongoing access to legal services at a discounted rate through RocketLegal+.
- Free LLC Formation for subscribers
- A discounted fee of $125 for registered agents is available to subscribers
Cons:
- Higher pricing than essential LLC formation services may not suit all budgets.
- Limited availability of customer service can delay assistance when needed.
- Expensive Registered Agent service
10. LegalZoom (Best for Legal Assistance)
- LLC Formation Fee: $0 + state fee
- Registered Agent Fee: $249/year
- Google Rating: 4.4/5
LegalZoom was launched in 2001 by Brian Liu, Brian Lee, Edward Hartman, and Robert Shapiro to make legal services accessible through technology.
What started as a platform offering affordable, DIY legal documents quickly became a go-to for individuals and businesses seeking easy-to-use legal solutions.
At first, LegalZoom focused on things like wills, trademarks, and business formation documents. But as demand grew, so did their services. They now offer complete business formation services, registered agent support, and attorney consultations.
Thanks to its blend of legal tech and professional expertise, LegalZoom has become a household name in the online legal world. Going public in 2021 was a significant milestone for the company, solidifying its role as a leader in the space.
Today, millions of customers rely on LegalZoom, from individuals needing legal forms to businesses looking for affordable compliance help.
Standout Features of LegalZoom
$0 Formation Fee + State Fees (basic package)
Like other LLC services, LegalZoom offers a basic package starting at $0, but you must pay New Mexico state filing fees of $50. This means you can get started without a significant upfront cost. The basic package includes essential services needed to file your LLC.
Easy LLC Formation Process
LegalZoom offers an intuitive online platform that guides users through the complexities of forming an LLC. The step-by-step process ensures that first-time business owners can navigate each requirement.
Expensive Registered Agent Services
While LegalZoom’s services are robust, their registered agent service costs $299 annually. This is on the higher end compared to some competitors. A registered agent is necessary to receive legal documents for your LLC – you shouldn’t have to pay $300 for this, in my opinion.
Legal Expertise
LegalZoom tailors solutions to different legal and budgetary needs with various packages available.
Unique to LegalZoom is its expansive library of over 150 downloadable legal forms, allowing business owners to access crucial documents easily.
Moreover, their upgraded options include personalized consultations with tax specialists and customizable legal documents. These features offer significant value, ensuring businesses receive tailored advice suited to their specific situation.
Simple Pricing and Plans
LegalZoom offers a range of pricing options to accommodate its diverse clientele. The basic plan starts at $0 and provides essential services to those needing minimal assistance.
Paid plans, which begin at $249 plus state fees, include key features such as a federal Employer Identification Number (EIN) and unlimited 30-minute attorney consultations.
While LegalZoom’s pricing may be higher than that of some competitors, it compensates with features typically offered as add-ons elsewhere.
For example, the Pro plan includes access to a digital library of customizable legal documents and consultations with specialists, enhancing overall value for businesses seeking comprehensive support.
LegalZoom Pros and Cons
Pros:
- Free LLC Formation
- Unlimited consultations with attorneys and access to legal resources provide peace of mind during formation.
- Variety of Packages
- User-Friendly Platform
Cons:
- Higher Cost
- Limited Basic Plan Features
Factors to Consider when Choosing an LLC Service in New Mexico
Selecting the right LLC service in New Mexico requires careful evaluation of several key factors. Each element contributes to the efficiency, cost-effectiveness, and overall satisfaction of your business formation experience.
Expertise
When evaluating LLC services, consider their New Mexico business landscape expertise.
Companies with extensive experience in LLC formations can offer valuable insights into state-specific regulations and requirements. Look for providers with a solid reputation and positive customer reviews.
Additionally, assess whether the service team comprises knowledgeable professionals who can address your queries. Their ability to guide you through the nuances of New Mexico law can significantly simplify the formation process.
Cost
Different providers have varying pricing structures, including base fees and additional charges for add-on services. Analyze the total cost of formation, including state fees and any recurring expenses related to maintenance.
Also, look for transparency in pricing. The best LLC services outline their fees upfront, avoiding unexpected costs later. Create a spreadsheet comparing multiple services to identify which fits your budget while providing essential features.
A service promoting value over the lowest price can enhance your LLC formation experience.
Service Timeline
The time it takes to form your LLC can impact your business plans. Assess each provider’s estimated processing times for filing documentation and their ability to deliver on time. Some services offer expedited options for an additional fee.
Review their workflow and whether they keep clients informed throughout the process. Ensure your chosen provider aligns with your timeframe to ensure a smooth launch of your business operations.
Multi-state Availability
If you plan to operate in multiple states, consider an LLC service that offers multi-state capabilities.
Providers familiar with interstate business laws can guide you through registering your LLC in additional states, ensuring compliance with various regulations.
Check if the service can assist with foreign qualification, which is necessary for businesses operating outside their state of formation. A flexible provider can meet your future expansion while simplifying legal processes.
Registered Agent Services
A registered agent is essential for receiving legal documents and official correspondence on behalf of your LLC. Some LLC services offer registered agent services as part of their packages, while others may charge separately.
When assessing registered agent options, consider their reliability, experience, and availability. An excellent registered agent should have a physical presence in New Mexico and be accessible during business hours.
This service minimizes the risk of missing crucial documentation or deadlines, which can affect your LLC’s standing.
Expedited Delivery
In urgent situations, expedited delivery options can be crucial. Some service providers may offer faster processing for filings, allowing you to expedite your LLC formation at an additional cost.
Evaluate how much faster the expedited service will be compared to standard processing. Confirm provider capabilities in effectively meeting your timeline. Choose a service that aligns with your urgent needs while maintaining accuracy and thoroughness in filing.
Guarantee of Acceptance
These guarantees typically ensure that if your application is denied due to an error from the service provider, they will cover any associated re-filing fees.
Review the terms behind this guarantee to understand the conditions. A provider that stands by its work can offer peace of mind as you form your LLC.
Final Thoughts
Selecting the best LLC service in New Mexico can significantly impact your business. Each option offers unique strengths tailored to various needs.
Northwest Registered Agent is recognized as the overall best for its exceptional customer service and knowledge of state-specific requirements.
If you’re a startup, Tailor Brands provides an excellent blend of branding tools and LLC formation, helping you establish a strong foundation. For all or non-residents, Doola simplifies the process, making it accessible no matter where you are located.
ZenBusiness offers outstanding affordability and comprehensive services, while Better Legal focuses on transparency and straightforward pricing.
If you need quick formation services, consider Swyft Filings or Bizee (formerly Incfile) for ease of use and efficiency. Inc Authority is another solid choice, especially if you want a free LLC formation with the right upsells.
Rocket Lawyer stands out for ongoing legal support, offering various legal services beyond formation. LegalZoom ensures you have a steady hand by your side throughout the process if legal assistance is your primary need.
Carefully evaluating your business requirements against these options can help you make an informed decision and set your LLC up for success in New Mexico.
Best LLC Service: Northwest
We recommend Northwest for your LLC ($39 + State Fees) as the overall best New Mexico LLC service because of its affordability, privacy, and record-breaking customer support. The sweet part? Their registered agent service is free for the first year, saving you up to $300 in formation fees.
Frequently Asked Questions
What is an LLC?
An LLC, or Limited Liability Company, is a business structure that protects assets from business liabilities. It offers flexibility in management and pass-through taxation, which means profits are reported on tax returns.
What is the fastest way to form an LLC in New Mexico?
The quickest way to form an LLC in New Mexico is through online services offering rapid filing. Many companies can file the required documents electronically with the Secretary of State of Mexico, often completing the process in hours.
What does a New Mexico LLC Service do?
A New Mexico LLC service assists you in forming your LLC by handling paperwork, filing with the state, and providing guidance on compliance requirements. These services can simplify the formation process and meet all legal obligations.
What are the pros and cons of starting an LLC in New Mexico?
The pros of starting an LLC in New Mexico include limited personal liability, flexible management structures, and favorable taxation. The cons might include ongoing compliance requirements and the costs associated with formation and maintenance.
Which company is the most reputable for establishing an LLC in New Mexico?
Northwest Registered Agent is the best available in New Mexico. Its support, comprehensive services, free registered agent services, and cost-effective options for small businesses make it the best choice.
Can you form an LLC in New Mexico for free?
You cannot form an LLC in New Mexico for free due to filing fees and other associated costs. However, some services may offer affordable packages that include the necessary filings.
How long does it take to form an LLC in New Mexico?
Forming an LLC in New Mexico typically takes 1-3 business days when filed online. Processing times may vary depending on the volume of applications the Secretary of State receives. To learn more about the New Mexico LLC processing times, check how long it takes to get an LLC in New Mexico.
What are the costs associated with creating an LLC in New Mexico?
Creating an LLC in New Mexico involves filing fees, typically around $50. Additional costs may include fees for obtaining an EIN, setting up a registered agent, and any necessary business licenses. To learn more, check out how much an LLC costs in New Mexico.
What is the best LLC service for non-residents of New Mexico?
For non-residents, Doola is recommended due to its familiarity with the unique aspects of forming an LLC across state lines. They can guide you through compliance and registration from outside New Mexico.
Can I form an LLC anonymously in New Mexico?
You can form an LLC in New Mexico without publicly disclosing the owners’ names. The state allows you to use a registered agent to keep your identity private in public records.
Do I need a registered agent to start an LLC in New Mexico?
Yes, you are required to designate a registered agent in New Mexico when forming an LLC. The registered agent is responsible for receiving legal documents on behalf of the LLC.
Do I need an EIN for my LLC in New Mexico?
If your LLC has more than one member or plans to hire employees, you typically need an Employer Identification Number (EIN). This number is used for tax purposes and to open a business bank account.
What is an LLC Operating Agreement in New Mexico?
An LLC Operating Agreement outlines your LLC’s management structure, member roles, and operational guidelines. While not legally required, it is strongly recommended that you avoid conflicts and clarify responsibilities.
Which LLC formation services are recommended for small businesses in New Mexico?
Tailor Brands, Northwest, and ZenBusiness are often recommended for small businesses due to their focused approach to small business needs, offering affordable packages and excellent customer service.
Disclosure: We may earn commissions if you buy via links on our website. Commissions don’t affect our opinions or evaluations. We’re also an independent affiliate of many platforms, including ClickFunnels, Kartra, GoHighLevel, Podia, Northwest Registered Agent, and others. We’re not employees of these services. We receive referral payments from them, and the opinions expressed here are our own and are not official statements of these companies.