Monday, July 6, 2009
A New Mexico LLC — why so special for privacy?
To form a New Mexico LLC, the only information required for the Articles of Organization is:
(1) the name of the company and the address of the principal office.
(2) the name and address of the resident agent (which must be a street address in New Mexico), and
(3) the duration of the LLC (often December 31, 2099)
A New Mexico LLC need not include the names of members. The mailing address of the principal office can be anywhere in the world. And unlike all other states, a New Mexico LLC does not require an annual report. Thus, changes in membership take place in total darkness.
How do you use a New Mexico LLC? You title your car, boat, plane, mobile home, travel trailer, motorcycle or real estate in the name of the New Mexico LLC instead of your own name. And what does the NM LLC cost?
At low as $325 at this site, which includes not only the charter and the Articles of Organization, but three years paid ahead for the New Mexico LLC’s resident agent, as well as a foreign address for your "principal place of business." (Records, therefore, cannot be subpoened!)