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State of New MexicoEnglish
NM Business Portal

Business Navigator

The portal's core tool: a six-step compliance walkthrough that helps owners stay in good standing with New Mexico business regulations and policies. Each step links to a short guide page and the real external system of record.

Six steps to compliance

  1. Register Legal Business StructureTo conduct business in New Mexico, a business owner must register the structure of the business with the New Mexico Secretary of State (sole proprietorships and general partnerships do not register).
  2. Obtain Tax ID NumbersObtain a federal Employer Identification Number (EIN) from the IRS and a state Business Tax Identification Number (BTIN) from the NM Taxation & Revenue Department to be in compliance as a company in New Mexico.
  3. Licenses and PermitsIn New Mexico, practitioners of many professions must obtain special licenses before practicing, and many businesses require permits (liquor, construction, environmental, financial, professional).
  4. Workplace Hiring RequirementsA New Mexico business with employees must fulfill basic workplace requirements: OSHA/ADA/human-rights compliance, register with Workforce Solutions within 10 days, report new hires, display required posters, and carry wo
  5. Obtain InsuranceBusiness insurance protects you from the unexpected costs of running a business; in New Mexico this centers on state-mandated unemployment insurance and workers' compensation coverage.
  6. File and Pay TaxesA business owner must calculate and pay federal, state, and local taxes — including New Mexico gross receipts tax and wage withholding — to maintain good financial standing.