Check the licensing requirements from your local municipality.Like almost every state in the US New Mexico also requires businesses to obtain EIN from IRS regardless of the type of business structure. Obtain an Employer Identification Number (EIN) from the IRS.You should get a Combined Reporting System (CRS) identification number from the Taxation Revenue Department to operate your business in New Mexico.
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To create the online account you should download the PDF application, fill out and mail it to the address of the New Mexico Secretary of State along with the filing fee: Here we have created the main steps you need to go through to register your business in the state: Prior to obtaining a business license in New Mexico, you should register your business. The requirements of licensure may vary depending on the location and the nature of your business. Many businesses should obtain a business license in order to operate in the state. Licensing and permits in New Mexico are handled both at the state and local levels. So, let’s dig in! How do I get a New Mexico business license? With our step-by-step guide, we’ll try to make the process of registration and licensure for you as easy as possible. Sure, dealing with paperwork and legal documentation is not fun at all, but you must meet the requirements of licensing and registration if you don’t want to face fines or penalties. Want to start your business in New Mexico? You must be familiar with the local and state-level laws and regulations to launch your business successfully.