Close your New Mexico business the right way.
Dissolution officially ends your New Mexico entity. Covers state fee, tax considerations, final filings, and personal liability traps.
Start dissolution →Wind-up checklist
- ✓Member or shareholder vote to dissolve.
- ✓Notify creditors.
- ✓Pay all debts.
- ✓File final federal tax returns. Form 966 for Corps within 30 days.
- ✓File final state tax returns.
- ✓Cancel state tax accounts.
- ✓Close business bank accounts.
- ✓Distribute remaining assets.
New Mexico Articles of Dissolution
Five mistakes that create personal liability
- 1. Filing dissolution before settling debts.
- 2. Skipping the final federal tax return.
- 3. Not cancelling state tax accounts.
- 4. Forgetting Form 966 (Corporations).
- 5. Distributing assets before paying creditors.
Frequently asked questions
How do I dissolve a New Mexico LLC?
How much does New Mexico dissolution cost?
How long does New Mexico dissolution take?
Do I need final tax returns to dissolve?
Can I dissolve with unpaid debts?
What if I just stop filing reports?
Can File.Business handle dissolution?
Ready to handle this the easy way?
Five minutes per filing. State fee passed through at cost. Audit trail and deadline tracking included.
Disclosure. File.Business is a private business filing and compliance service. We are not a government agency and are not affiliated with the New Mexico Secretary of State, Corporations Bureau or any Secretary of State office. You may file directly with the New Mexico Secretary of State, Corporations Bureau. Information on this page is for general guidance only and is not legal, tax, or accounting advice. Fees and deadlines verified against the New Mexico Secretary of State, Corporations Bureau as of June 2026 and may change. For entity-specific guidance, consult a licensed New Mexico attorney or CPA.