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 — $149Side-by-side comparison
| Feature | New Mexico (NM) | Florida (FL) |
|---|---|---|
| Filing fee (one-time) | $50 | $125 |
| Annual fee | $0 | $138.75 |
| 5-year cost (estimated) | $545 | $1,175 |
| Member privacy | High | Low |
| Best for | Cheapest 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
Florida
- No state income tax
- Easy banking access
- Public ownership records
- Required if operating from Florida
- Higher fees than Wyoming/NM
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 — $149Most popular · 1,247+ founders
Simple, transparent pricing
Pay once. No surprises. State fees and Registered Agent (year 1) included.
basic
New Mexico · 24h delivery
$149one-time
Save $351 vs Stripe Atlas
- New Mexico LLC formation
- State filing fees included
- Registered Agent (year 1)
- Articles of Organization
- 24-hour delivery
- Email support
100% money-back if rejected
✨ Most popular
pro
Wyoming · 24h delivery
$299one-time
Save $201 vs Stripe Atlas
- Wyoming LLC formation (best for privacy & taxes)
- EIN obtained from IRS (48h)
- Registered Agent (year 1)
- Operating Agreement
- Mercury / Wise bank guide
- Priority email + chat support
100% money-back if rejected
✨ All-in-one
premium
Wyoming · 24h delivery
$499one-time
Save $100 vs Doola Compliance
- Everything in Pro
- ITIN application support
- Form 5472 reminder & template ($25K penalty if missed)
- Stripe & PayPal opening guide
- 1:1 video call (30 min)
- Priority WhatsApp support
100% money-back if rejected
From year 2: $99/year (Registered Agent) + state annual fee. All prices in USD. Includes state filing fees.
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