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5 Best LLC Services in New Mexico

Written by:

Carolyn Young is a business writer who focuses on entrepreneurial concepts and the business formation. She has over 25 years of experience in business roles, and has authored several entrepreneurship textbooks.

Edited by:

David has been writing and learning about business, finance and globalization for a quarter-century, starting with a small New York consulting firm in the 1990s.

5 Best LLC Services in New Mexico

5 Best LLC Services in New Mexico

If you’re starting an LLC, the business entity formation process is one of the first and most important hurdles. This step can be terribly complex and time-consuming, which is why many entrepreneurs turn to professional formation services. 

But which are the best LLC formation services in New Mexico? This article takes a closer look, stepping into an entrepreneur’s shoes, to help you choose the service that puts you on the road to success.

Here we summarize our top five picks of business formation services in New Mexico.

Best LLC Formation Services in New Mexico

4.7/5

ZenBusiness offers free business formation plan (unlike many other competitors), has great customer service and the site is ease to use.

4.6/5

Northwest Registered Agent differentiates itself from competitors with transparent pricing, great customer service, and a commitment to maintaining your privacy.

4.2/5

We recommend Incfile because of good quality services with a lot of features and affordable online incorporation services.

4/5

With a Rocket Lawyer membership, you can form your business for free and get documents such as an operating agreement, for which other services charge a fee.

4/5

MyCompanyWorks offers three plans, all of which include an operating agreement and several other extras. Their Basic Plan, at $59, is a great value considering all that’s included.

1. ZenBusiness

ZenBusiness has three business formation plans to choose from, with annual fees ranging from $0 to $299. They have a great track record with BBB, competitive pricing, and a seamless formation process.

Pricing and Features

ZenBusiness’s Starter Plan costs $0 plus state fees, and includes a business name availability search in the relevant state’s database, and the business formation service with full customer support. It also offers a few extras, including an accounting consultation to help you get started with your finances. You’ll also have access to your formation documents online at any time.

The Pro Plan includes all the services above plus an operating agreement template and annual compliance service, which means ZenBusiness will remind you of reporting due dates based on state requirements. The plan also includes expedited filing so that your LLC is approved and ready to go faster. The Pro Plan costs $199 plus state fees.

ZenBusiness also offers a Premium Plan for $299 plus state fees, which includes everything in the Pro Plan with the advantage of rush filing, as well as a business domain name, website, and email.

Note that none of these plans include registered agent services. They are available for an additional $99 fee. ZenBusiness also has a document library that customers can access for $99.

Pros

  • Competitively-priced packages offer good value ($0 business formation plan)
  • Great customer service
  • Positive customer reviews
  • Quick and easy purchase process
  • Company is socially responsible and active

Cons

  • Registered agent service not included in the plans (add-on)
  • Cancellation can be a lengthy process
  • Some information is difficult to find on the website

ZenBusiness provides extremely valuable services for aspiring business owners. Each of the ZenBusiness plans includes a robust list of services. One small drawback is that a registered agent service is an add-on. However, great customer support, easy-to-use site and positive customer reviews add it to the top of our list.

Explore ZenBusiness

2. Northwest Registered Agent

Northwest Registered Agent handles the business formation process for you, making it nearly seamless while offering additional services that can make life easier for a new business owner. Whether you’re forming a limited liability company (LLC) or a corporation, Northwest Registered Agent takes care of all the red tape so you don’t have to. 

Pricing and Features

Northwest’s plan, at $225 plus state fees includes business formation, free registered agent services for a year, a business address, an operating agreement, and a few extras. 

This plan is a fairly good value since registered agent services and an operating agreement, which is very important, is included.

But if you do not choose the registered agent services, you’re still charged the full plan price. However, Northwest Registered Agent is offering a special price of $39 for the package if you use this link!

Overall, Northwest Registered Agent provides valuable services for aspiring business owners. They can ensure that your new business gets off on the right foot. Their service is easy to use and offers a great customer experience, which we learned from testing their support services, reading countless customer reviews, and moving through their online formation process.

We recommend Northwest Registered Agent because of their transparent pricing, outstanding customer service, and a commitment to maintaining your privacy.

Pros and Cons

Pros

  • Competitively-designed package offers good value
  • Outstanding customer service
  • Quick and easy purchase process
  • Good rating with the Better Business Bureau
  • Website is intuitive and resourceful
  • Transparent pricing/no hidden fees
  • Commitment to privacy

Cons

  • No business license filing or support
  • Cancellation can be difficult and costly

Northwest Registered Agent can take the time and hassle out of starting your business and the ongoing process of staying in compliance with your state’s laws. Their streamlined pricing is uncommon amongst competitors, so you’ll have more control over what you pay for.

Explore Northwest

3. Incfile

Incfile offers three business formation packages: Silver, Gold, and Platinum. The Silver Package is free, plus state fees, and includes free registered agent services for one year. Incfile also gives customers access to an online dashboard and unlimited phone and email support.

Pricing and features

Incfile’s Silver Package includes the preparation and filing of the articles of organization and unlimited name searches. It also includes free registered agent services for a year, making it a great value at no additional cost other than state fees. In New Mexico, the Silver Package costs $50, which is the state filing fee only. 

Including New Mexico’s state fees, the $199 Gold Package provides the added services of an operating agreement, business tax consultation, and lifetime company alerts. It has a few other benefits as well, so it’s an overall good value.

The $349 Platinum Package includes New Mexico’s state fees and offers the additional benefit of expedited filing as well as a domain name and business formation. You’ll also receive access to business contract templates. However, if you have either the Silver or Gold package, you can gain access to the entire document library for $150.

Incfile also offers a number of a la carte services. For a fee, Incfile can handle tasks like filing your annual report and changing your registered agent.

Pros and Cons

Pros

  • Affordable, with a free plan that includes all the basics
  • Most services have a one-time fee vs. annual
  • Plans include free registered agent services for at least a year 
  • Access to an online dashboard for paid plans
  • Unlimited phone and email support 

Cons

  • Customer service may be less responsive than other services
  • Limited legal services available
  • Limited customer support hours, no weekend availability

Incfile is great for entrepreneurs on a budget, as their Silver Package covers the basics and includes a free year of their registered agent service. Competitors like LegalZoom and Swyft Filings have a more robust suite of services, but tend to be more expensive.

Explore Incfile

4. Rocket Lawyer

Unlike most other LLC formation services, Rocket Lawyer does not offer packages of services, just a la carte service options. They also offer a $39.99 per month subscription service on their site, with which you can get legal services, documents, and advice. The subscription has a seven-day free trial.

Pricing and features

With a $39.99 per month Rocket Lawyer subscription, the business formation service only charges state filing fees, and you can get a 25% discount on registered agent services. The subscription gives you access to a host of business document templates, including an operating agreement. 

Without a subscription, the business formation service costs $99 plus state fees. In New Mexico, the cost is $149. You can also purchase other services, including expedited business filing for $100 and an EIN for $59.

Pros and Cons

Pros

  • Quick and easy purchase process
  • Good rating with the Better Business Bureau
  • Membership option is a good value if you need ongoing legal help

Cons

  • Some information is difficult to find
  • Offers fewer services than some competitors
  • No chat support

Rocket Lawyer is a unique option, not offering packages of business formation services, but a subscription service instead that allows you to form your business for free and get access to a host of business form templates. We feel that the best value they offer is their subscription membership, as you’ll be able to get assistance for any ongoing legal concerns.

Explore Rocket Lawyer

5. MyCompanyWorks

MyCompanyWorks has three business formation plans, all of which come with a host of features and services, making them stand out from competitors that charge additional fees for those services. Most valuable is the personalized operating agreement that’s included in all the plans.

Pricing and features

The MyCompanyWorks Basic Plan is priced at $59 plus state fees, and includes same business day processing, a personalized operating agreement, a banking resolution and a host of other extras. Considering what’s included, the plan is a great value.

Their Entrepreneur Plan is $179 plus state fees and has the added benefits of an EIN service and registered agent services. Those extras make it a good value as well.

The Complete Plan is $259 plus state fees and has everything in the Entrepreneur Plan plus annual report filing, a compliance service, and a few other benefits. The plan is a bit on the expensive side compared to the value that you get from the other plans.

Pros and Cons

Pros

  • Plans offer a lot for the money
  • Site is easy to use
  • Good customer support

Cons

  • Few customer reviews
  • No chat support
  • Complete Plan is a bit expensive

Overall, our experience with MyCompanyWorks was positive. They offer more services for the money than many competitors, giving them an edge when it comes to value. Unfortunately, they do not have chat support, but their phone and email customer service are good. Their customer reviews are positive, although there are only a handful of them from the BBB and TrustPilot. With all things considered and the value they offer, we would not hesitate to recommend MyCompanyWorks.

Explore MyCompanyWorks

Why Use a Business Formation Service for your LLC in New Mexico?

A business formation service handles the business formation process for you, making it nearly seamless while offering additional services that can make life easier for a new business owner. Whether you’re forming a limited liability company (LLC) or a corporation, a business formation service takes care of all the red tape, freeing you up to focus on growing your business. 

What to Look for When Purchasing an LLC Service in New Mexico?

With so many business formation services to choose from, it can be difficult to decide which is best for you. There are four essential elements that can help you make your decision.

What to look for when choosing LLC Service

Features

Each service offers various products and services and their plans are all designed differently. You may need some services but not others, so you need to choose the service that offers everything you need. For example, only some of the providers offer annual report filing. 

If it’s important to you to get that task off your plate, you’ll want a service that offers that feature. Another feature you might need is a digital dashboard where you can always access your business formation documents. 

You’ll want to choose a service that has everything you need to make starting and running your business as easy as possible. 

Customer Service and Reviews

One good way to learn about the quality of anything you’re buying is to listen to what people are saying about it. When we review services we look at Better Business Bureau ratings and reviews, as well as TrustPilot reviews. It’s wise to look at both positive and negative reviews to find out what people love about the service, and about issues customers have encountered. 

Remember that fake reviews are common, so you should take some of the reviews with a grain of salt.

Pricing

Of course, you’ll want to get the best value for your money! 

Compare the cost of each service for everything you need. The price can really add up when you start adding extras, so be careful not to go too far. You also want to get good value and great customer service, so if you’re considering the cheapest service, check the reviews to see how people felt about it.

Turnaround time

Business formation turnaround times vary with each service, so if you’re in a hurry to get your business up and running, you’ll want to look for the quickest service. You don’t want your order to sit in an office too long before your paperwork gets filed with the state. Some services differentiate themselves with fast turnaround times, so if they also offer good value, that might be your best choice. 

Our Approach

As an entrepreneurial advisory site, we take our responsibilities seriously. We understand that countless entrepreneurs, and potential entrepreneurs, rely on our judgments and insights, particularly when it comes to creating their business.

As a result, our writers do their utmost to gain a comprehensive understanding of the services offered and the actual customer experience. In nearly every case, we:

  • Examined every page of the service’s website
  • Reviewed all of their offerings, from a la carte products to packages
  • Put ourselves in the customer’s shoes, creating an account
  • Communicated with customer service via chat, email and phone
  • Gained a full understanding of the customer experience and service value

Thanks to this full immersion in the actual customer experience, our reviewers are able to provide the most complete and insightful analysis of various LLC formation services.

FAQs

Why should I use a business formation service to start my New Mexico LLC?

Using a business formation service to start your New Mexico LLC frees you up to focus on growing your business. These services handle the filing process for you and offer additional services that can make life easier for a new business owner.

What should I take into consideration when choosing the right business formation service for my New Mexico LLC?

When assessing whether or not a business formation service is right for you, it’s important to dive into the following four categories: included features, customer service, pricing, and turnaround time.

Is IncFile a good business formation service?

Incfile is great for entrepreneurs on a budget, as their Silver Package covers the basics and includes a free year of their registered agent service. Competitors like LegalZoom and Swyft Filings have a more robust suite of services, but can be more expensive.

What’s good about Rocket Lawyer?

Rocket Lawyer is a unique option, not offering packages of business formation services, but a subscription service instead that allows you to form your business for free and get access to a host of business form templates