New Mexico vs FloridaLLC (2026)

New Mexico wins for remote founders: $0 annual vs Florida's $138.75. Florida only if you operate physically from FL.

Start my LLC β€” from €249

Side-by-side comparison

FeatureNew Mexico (NM)Florida (FL)
Filing fee (one-time)$50$125
Annual fee$0$138.75
5-year cost (estimated)$545$1,175
Member privacyHighLow
Best forCheapest state: $50 to file, no annual report, anonymous LLCs.Best if you visit/operate physically from Florida or sell to FL client

New Mexico

Winner
  • Lowest filing fee ($50)
  • NO annual report required
  • Anonymous ownership
  • Quick formation (24h)
  • Ideal for freelancers and dropshippers
New Mexico LLC β†’

Florida

  • No state income tax
  • Easy banking access
  • Public ownership records
  • Required if operating from Florida
  • Higher fees than Wyoming/NM
Florida LLC β†’

Verdict

New Mexico wins for remote founders: $0 annual vs Florida's $138.75. Florida only if you operate physically from FL.

Why we recommend New Mexico? Best for non-residents.

Start my LLC β€” from €249
Pricing Β· 1,247+ founders

Three plans. One picks itself.

Pay once. No subscription. No upsells. Pick the state and the rest is automatic.

Best value

New Mexico

24h delivery

Low annual costs, simple maintenance

$289one-time
Ideal for
  • β€’Entrepreneurs starting online
  • β€’Amazon FBA, Shopify, Etsy, digital businesses
  • β€’Non-residents who want simplicity and low costs
Why pick this
  • β€’No state annual report
  • β€’Very simple maintenance
  • β€’Excellent value for money
  • β€’Very popular among non-residents
  • β€’No need to travel to the US
Includes
  • LLC formation
  • Business EIN
  • BOI filing
  • State fee included
  • Company legal documents
  • Registered Agent service
100% money-back if state rejects filing
β˜… Most popular

Missouri

24h delivery

Ready-to-use LLC β€” fast operation

$329one-time
Ideal for
  • β€’International e-commerce
  • β€’Businesses that need to operate fast
  • β€’Founders who want a complete, ready-to-use LLC
Why pick this
  • β€’EIN included
  • β€’BOI included
  • β€’Great balance between cost and services
  • β€’Excellent for Stripe, PayPal and marketplaces
  • β€’Easy maintenance
Includes
  • LLC formation
  • Business EIN
  • BOI filing
  • State fee included
  • Registered Agent
  • Complete legal documents
100% money-back if state rejects filing
Premium privacy

Wyoming

24h delivery

Privacy and international reputation

$509one-time
Ideal for
  • β€’International entrepreneurs
  • β€’Digital businesses and holdings
  • β€’Users who prioritize privacy and reputation
Why pick this
  • β€’One of the most popular states for LLCs
  • β€’High privacy
  • β€’No state income tax
  • β€’Excellent international reputation
  • β€’Heavily used by non-residents
Includes
  • LLC formation
  • Business EIN
  • BOI filing
  • State fee included
  • Registered Agent
  • Complete legal documents
  • Bank-opening assistance
100% money-back if state rejects filing
Add-on

EIN Express

Perfect if you already have an LLC and just need the EIN

  • EIN number
  • 147C confirmation letter
$93.99
one-time

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Start my LLCFrom $289 Β· 24h
New Mexico LLC vs Florida LLC (2026) β€” Cost, Privacy, Taxes Compared for Non-Residents Β· LLCora