SHUTDOWN GUIDE
HomeAll 50 StatesNew MexicoDISSOLUTION GUIDE
For Founders Dissolving a Business in New Mexico

SHUTTING DOWN
A BUSINESS IN
NEW MEXICO?

⚠ ⚠ ⚠

The complete shutdown playbook for New Mexico — every form from the New Mexico Secretary of State, every fee, every deadline, and the exact steps to dissolve your LLC or corporation without triggering penalties or personal liability.

SoS Official Website →Online Portal
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NEW MEXICO

DISSOLUTION GUIDE

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QUICK FACTS — NEW MEXICO
Filing AgencyNew Mexico Secretary of State
LLC Dissolution Fee$25
Corporation Dissolution Fee$50
Tax ClearanceRequired
Processing Time10-15 business days
Online FilingYes
Domestic Limited Liability Company Articles of Dissolution
LLC Form • Download PDF
Articles of Dissolution
Corp Form • Download PDF
— Your Complete New Mexico Shutdown Blueprint —

INSIDE THE GUIDE

10 chapters. No filler. Every step in order.

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TABLE OF CONTENTS — New Mexico SHUTDOWN GUIDE
01
Step-by-Step LLC Dissolution in New Mexico: Domestic Limited Liability Company Articles of Dissolution🔥 HOT
02
Corporation Dissolution Process: Board Resolution Through Final Filing with New Mexico Secretary of State
03
Tax Clearance from New Mexico Taxation and Revenue Department: Requirements, Timeline & Common Pitfalls🔥 HOT
04
New Mexico Filing Fees, Processing Times & Expedited Options — Complete Breakdown
05
Creditor Notification Requirements in New Mexico: Templates & Legal Deadlines🔥 HOT
06
Employee Notification: Must comply with federal WARN Act for layoffs of 100+ employees
07
Every Required Form with Direct Download Links — LLC & Corp🔥 HOT
08
Post-Dissolution Compliance: Registered Agent, Bank Accounts & IRS EIN Closure
09
New Mexico Common Mistakes That Trigger Audits, Penalties & Personal Liability
10
Complete Timeline: From Vote to Dissolve Through Certificate of Dissolution in New Mexico
— How Hard Is It? —

SHUTDOWN DIFFICULTY

See how New Mexico compares to other states

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STATE DISSOLUTION DIFFICULTY INDEX
New York
High
▶ New Mexico
High
California
High
Wyoming
Moderate
Florida
Low
★ Full state-by-state breakdown with exact agencies, forms, timelines & fees included in the guide.
— Know the Costs —

WHAT IT COSTS

Every fee, tax obligation & hidden cost of shutting down in New Mexico

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Filing Fees
✔LLC Dissolution: $25
✔Corporation Dissolution: $50
✔Expedited Processing: $100
+ exact prevention steps and estimated savings in the full guide
Tax Obligations
✔Tax clearance from New Mexico Taxation and Revenue Department
✔Final tax return required
✔You must request a Corporate Certificate of No Tax Due from the Taxation and Revenue Department before dissolving
+ exact prevention steps and estimated savings in the full guide
Compliance Costs
✔Registered agent must be maintained until dissolution is complete and all affairs are wound up
✔Must notify all known creditors in writing and publish notice of dissolution for unknown claimants
✔Must comply with federal WARN Act for layoffs of 100+ employees. Provide final paychecks within 5 days of termination.
+ exact prevention steps and estimated savings in the full guide
Hidden Costs
✔Ongoing annual report fees if dissolution delayed
✔Penalty interest on unfiled tax returns
✔Personal liability until all filings accepted
+ exact prevention steps and estimated savings in the full guide
— New Mexico at a Glance —

WHAT'S EASY VS. WHAT'S HARD

The reality of dissolving a business in New Mexico

WHAT'S EASY
Online filing available — no need to mail forms
Low LLC dissolution fee ($25)
Fast processing: 10-15 business days
Expedited processing available ($100)
No publication requirement
WHAT'S HARD
Tax clearance required from New Mexico Taxation and Revenue Department
Winding up period: Reasonable time to wind up affairs after filing
Must notify creditors and settle all debts before filing
⚠ THE GUIDE COVERS EVERY STEP IN DETAIL — INCLUDING WORKAROUNDS FOR THE HARD PARTS ⚠
Avg. business accrues $4,200+ in unnoticed liabilities before shutdown
23 states have increased dissolution fees and audit scrutiny since 2023
Requirements vary by state — confirm current forms before filing
— Don't Close Dirty —

GET THE GUIDE.
CLOSE CLEAN IN New Mexico.

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