Anonymous LLC New Mexico (2026): Lowest-Cost Private Formation
New Mexico LLCs require no member names on filings and no annual report — ~$50 to form. Where privacy leaks, BOI status, and when NM beats Wyoming. Not legal advice.
Current as of May 2026 · Reviewed 2026-05-22 · General information, not legal advice
New Mexico is the lowest-cost way to keep your name off the public record — not off a court's radar.
The 10-second answer
New Mexico requires no member or manager names in state filings and has no annual report — nothing recurring to file or leak your identity. State filing is roughly $50.
That is business privacy at the lowest state cost. It is not asset protection, not untraceability, and not a shield from a court.
BOI: As of May 2026, under FinCEN's March 2025 interim final rule, U.S.-formed New Mexico LLCs have no federal BOI report — interim, not finalized, subject to change.
New Mexico by the numbers
| Formation fee | ~$50 |
| Annual report | None |
| Members on public filing | Not required |
| Typical role | Holding company, quiet side entity, cost-sensitive privacy |
Deep dive on holding structures: New Mexico Holding Company.
How to form privately (four steps)
- Commercial registered agent — their address on the public record, not yours.
- File Articles of Organization — no member names on the public document.
- Operating agreement — private ownership record.
- EIN — real responsible party required by IRS.
When New Mexico beats Wyoming
- You want minimum state cost and zero annual filings
- The entity is a passive holder (owns other LLCs, IP, or investments)
- You're building an NM holding + WY operating stack
When you need bank familiarity and operating-business credibility, Wyoming often wins at the operating layer. Three-way comparison.
Where privacy leaks
Same as every state: registered agent, IRS, bank KYC, litigation, foreign qualification. Honesty guide.
FAQ
Is New Mexico good for an operating business?
Often not as the only entity — banks know Wyoming better for active businesses. Many operators use NM as holding and WY as operating.
Does no annual report mean no maintenance?
No state annual report, but you still need a registered agent, federal tax compliance, and an operating agreement.
General information, not legal advice.
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New Mexico holding + Wyoming operating
We form NM and WY entities together — connected, documented, same-day where possible.
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