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New Mexico vs Wyoming

The published figures of both, from their own pages, on one screen. Same date, same basis.

New MexicoChecked 2 Oct 2026WyomingChecked 2 Oct 2026
Year 1, LLC50 USDArticles of Organization (Domestic LLC) · Third party100 USDArticles of Organization · Official
Year 1, Corporation100 USDArticles of Incorporation (Domestic profit corporation) · Third party100 USDArticles of Incorporation (profit corporation) · Official
Each year0 USD60 USD
Other fees listed1 items0 items
Remote setupYesYes
Setup timeNo processing time published. The portal home page read on 2026-10-02 shows 'Business Filings are processed through 08/24/2026'.Online filing: company is active as soon as the online filing is completed. Paper filing: processed in order received, up to 15 business days.
FeaturesNo yearly fee, Owners not public, Filing fee $100 or lessNo state income tax, Owners not public, Filing fee $100 or less

New Mexico

New Mexico Secretary of State Business Services registers LLCs and corporations online; LLCs have no periodic report and corporations file a report every two years.

  • The Secretary of State says paper filings are no longer accepted and all business filings go through the online portal; an older SOS page still says corporation forms go by mail or in person.
  • The LLC and corporation filing fees are from statute text on Justia, not from an official fee page; the official portal shows the fee at the time of filing.
  • The portal notice about filings being processed through 08/24/2026 may be out of date or indicate a backlog; confirm before relying on any timing.
Open New Mexico

Wyoming

Wyoming Secretary of State Business Division registers LLCs and corporations; both pay a $100 filing fee and an annual license tax of $60 or more.

  • The annual license tax is never zero: $60 minimum, higher if Wyoming assets pass $300,000.
  • Missing the annual report makes the entity delinquent; it is administratively dissolved if not filed within 60 days of the due date.
  • Corporations list officers and directors in the annual report; the annual report may ask for officer or director details.
Open Wyoming
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