Dissolve a Corporation in New Mexico
How to Dissolve a Corporation in New Mexico
(How to legally Close a New Mexico Business)
Close a New Mexico Business
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CORPORATE GLOSSARY
 
Administrative Dissolution
Agent for Service of Process
Apostille
Apportionment
Articles of Incorporation
Articles of Organization
Assumed Name
At Will LLC
Authorized Shares
B Corporation
Benefit Corporation
Board of Directors
Business Dissolution
Business Entity
Bylaws
Certificate of Existence
Certificate of Status
Certified Copy
Close Corporation
Common Stock
Conversion
Corporate Bylaws
Corporate Name Reservation
Corporate Stock
DBA
Disregarded Entity
Dividends
ESOP
Excise Tax
Federal Tax ID
Ficticious Name
Foreign Qualification
Franchise Tax
General Partnership
Good Standing Certificate
Incorporator
Involuntary Dissolution
IRS Form 966
ITIN
Limited Liability Company
Limited Partnership
Liquidation
LLC
LP
Majority Shareholder
Meetings
Merger
Nexus
Non-Stock Corporation
Nonprofit Corporation
Obligated Member LLC
Organizer
Paid-in Capital
Paid-in Surplus
Par Value
Personal Service Corporation
Preferred Stock
Privilege Tax
Professional Corporation
Professional Service
Proxy
Registered Agent
Registered Office
Reporting Requirements
Revocation
S Corporation
Series LLC
Service Mark
Shareholder
Sole Proprietor
Stated Capital
Statutory Agent
Stock Certificate
Term LLC
Trade Name
Trademark
Trust
Trustee
Winding Up

What is New Mexico Corporation Dissolution?

A New Mexico Corporation is created when the NM Secretary of State approves the Articles of Incorporation. A record of the New Mexico Corporation is added to the list of Corporations which have officially registered with the New Mexico Secretary of State.  Once a Corporation is registered with the New Mexico Secretary of State, that Corporation immediately has both reporting and tax obligations which incur penalties if the obligations are not met by the required deadlines.   more...

Why do I need to Dissolve a New Mexico Corporation?

As soon as a New Mexico Corporation is registered with the NM Secretary of State, that Corporation is responsible for recurring obligations of the New Mexico Secretary of State and the New Mexico Department of Taxation and Revenue.  If the New Mexico Corporation does not file reports or pay taxes then that NM Corporation could be responsible for penalties which go up as time goes by.

Unless you Dissolve your New Mexico Corporation with the New Mexico Secretary of State that NM Corporation will be responsible for all recurring fees and penalties.

What do I have to do to Dissolve a New Mexico Corporation?

New Mexico Corporation Dissolution is one part of a larger process commonly called the "Winding Up" process.   more...

What do I have to do before I Dissolve a New Mexico Corporation?

Things you need to do before you Dissolve a New Mexico Corporation.
  1. Hold a Directors meeting and record a resolution to Dissolve the New Mexico Corporation
  2. Hold a Shareholder meeting to approve Dissolution of the New Mexico Corporation
  3. File a Statement of Intent to Dissolve with the NM Secretary of State
  4. File all required Biennial Reports with the New Mexico Secretary of State
  5. File all required tax returns with the New Mexico Department of Taxation and Revenue
  6. Clear up any business debt
  7. Pay all taxes and administrative fees owed by the New Mexico Corporation
more...

What do I have to do after I Dissolve a New Mexico Corporation?

Things you have to do after you Incorporate in New Mexico.
  1. Distribute all remaining assets of the New Mexico Corporation
  2. Close all business bank accounts of the New Mexico Corporation
  3. Cancel all local business licenses and permits
  4. File Form 966 with the IRS
  5. Cancel the IRS account associated with the NM Corporation's Federal Tax ID (EIN)
more...

How long does it take to Dissolve a New Mexico Corporation?

The time it takes to Dissolve a New Mexico Corporation varies depending on how long it takes to complete the actions that are required in each specific case - holding meetings, closing accounts, distributing assets, etc.

Once the initial actions are completed, the New Mexico Secretary of State usually takes around 10-15 business days to process the Articles of Dissolution.    more...

How much does it cost to Dissolve a Corporation in New Mexico?

The total cost to Dissolve a New Mexico Corporation varies depending on exactly what is required for each specific NM Dissolution. We charge $249.00 plus any state fees for our New Mexico Corporation Dissolution services. This includes:
  • Same day processing
  • Transcribe minutes of Board of Directors meeting which proposes Dissolution
  • Transcribe minutes of Shareholders meeting at which Dissolution was approved
  • Prepare and file Articles of Dissolution with the New Mexico Secretary of State
  • Prepare US IRS Form 966 for you to sign and file
  • Prepare documents to cancel Federal EIN account
  • Certified copy of Dissolution filing from NM Secretary of State
  • Priority Mail Delivery of all documents
  • Unlimited Customer Support
We also offer these New Mexico Corporation Dissolution services separately as explained on the right side of this web page.

What do I have to do if I want to Dissolve a Foreign Corporation that is tied to a NM Domestic Corporation?

If there are Foreign Corporations in states other than New Mexico that are tied to the Domestic New Mexico Corporation then each of those Foreign Corporations must be Dissolved before the New Mexico Corporation is legally Dissolved.

How long before someone can use my Corporation name in New Mexico after I Dissolve?

A New Mexico Corporation company name becomes available for anyone to use when the New Mexico Corporation is Dissolved by the NM Secretary of State. There are no Corporation company name protections in New Mexico once a New Mexico Corporation has been Dissolved by the New Mexico Secretary of State.

Do I have to publish a Notice of Dissolution of the New Mexico Corporation?

There are no state of New Mexico requirements for the publication of a Notice of Dissolution of a New Mexico Corporation.

While the New Mexico Secretary of State does not legally require the publication of a Notice of Dissolution of a New Mexico Corporation, publication is a good way to notify anyone who might have a claim against the New Mexico Corporation.  Evidence of publication might prove useful down the line if someone makes a claim against the NM Corporation after the New Mexico Corporation has been dissolved.
  • We can prepare a Notice of Dissolution of the New Mexico Corporation, make sure it gets published and obtain evidence of publication.
NEW MEXICO CORPORATION
DISSOLUTION SERVICES
For $249.00 our New Mexico Corporation Dissolution Services include:
Same day processing explain
Transcribe minutes of Board of Directors meeting which proposes Dissolution
Transcribe minutes of Shareholders meeting at which Dissolution was approved
Prepare and file Articles of Dissolution with the New Mexico Secretary of State
Prepare US IRS Form 966 for you to sign and file
Prepare documents to cancel the Federal EIN account linked to the New Mexico Corporation
Certified copy of Dissolution filing from NM Secretary of State
Priority Mail Delivery of all documents
Unlimited Customer Support
A LA CARTE NEW MEXICO
DISSOLUTION SERVICES
If you don't need our complete New Mexico Corporation Dissolution package we offer our Dissolution services separately
check the box next to any option, price will be
calculated automatically
Transcribe Board meeting minutes - $75.00   explain
Transcribe Shareholder meeting minutes - $75.00   explain
Prepare and file Articles of Dissolution - $75.00   explain
Prepare IRS Form 966 - $65.00   explain
Prepare EIN cancellation documents - $65.00   explain
Processing fees $249.00
New Mexico Dissolution fees $135.00
Optional services $0.00
Total cost $384.00
How to Close New Mexico Corporation
New Mexico Dissolution Accepted Credit Cards

OUR ADVANTAGE
  • We start processing your New Mexico Corporation Dissolution order as soon as it arrives.
  • We get your documents to the New Mexico Secretary of State in the quickest possible way. 
  • We guarantee our work.  If you're not satisfied with our New Mexico Dissolution services we will refund 100% of your processing fees.
  • We've been helping Corporations legally Dissolve in New Mexico for over ten years.  Our A+ BBB rating speaks for itself!

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