Fri 29 Apr 2016 | By:

New Mexico Business Licenses and Regulations

Business Licenses

If you’re planning to incorporate a business in New Mexico, you have to understand and be informed as early as now that you’ve got so much things to do.

Building a business is an endless responsibility, you have to be tough to survive the pressures of starting and operating a business in New Mexico’s highly competitive business market.

One of the many things that you need to accomplish first before you can start conducting business in the state is to comply with required business licenses and permits. These will mainly depend on the nature of your small business as well as your entity type (LLC, Corporation, DBA, etc) so you need to inquire about this ahead of time before proceeding.

When obtaining your business licenses and permits, you have to make sure that you’re doing it in compliance with federal, state and local government specifications. If you fail to comply, you’ll not be allowed to start operating in New Mexico, and if you operate your business even without the possession of permits and licenses, you will be fined heavily and your startup may be closed down for good.

To help you get started, this guide will give you an insight of all the important resources that you can use to comply with your requirements. I hope you find them useful and good luck!


Resources to Help Comply with New Mexico Business License Requirements

1) New Mexico Business Licenses Directory

The New Mexico Business Licenses Directory is a compilation of the business licenses and permits obtainable specific to every county. Arranged by the New Mexico Secretary of State Operations Division, the business directory contains all the information that you need to know about specific business licenses and permits, including fees, application forms, necessary permits, procedures, license renewal and fees and a lot more.

2) New Mexico Economic Development Department – Business Resource Center

The New Mexico Economic Development Department has prepared a small business resource center for entrepreneurs who want to start, grow and relocate their business within the state of New Mexico.

In its business resource center, everything about starting a business is discussed; from structuring your startup, discussing your employer responsibilities, opening a business bank account, bookkeeping and complying with registrations and business licenses.

If you need special permits and licenses, you can also refer to the list of resources provided by the Regulation and Licensing Department of New Mexico. You can also save yourself the hassle of going to every department and office personally to apply for business permits and licenses by making use of online applications.

3) Central New Mexico Community College Resource Guide

The Central New Mexico Community College has prepared a resource guide for all aspiring entrepreneurs who want to start their business in New Mexico.

Basically, the guide features the contact numbers and concerned agencies in the compliance of business and permits across New Mexico. It will also show you the fees and renewal charges for every county in the state. Apart from all these, it gives you an idea of who to call if you’re a business operating under a special case.

This guide and all the resources and links mentioned here are reliable and credible resources found in the state of New Mexico. It’s important that you are able to complete your business permits and licenses based on federal, state and local requirements so you won’t have problems in the future.

And even after you’ve complied with all of your permits and licenses, you need to stay compliant for the entire existence of your business to be allowed to continue its operations.

Obtaining your permits and licenses won’t be easy and you may need to extend your patience most of the time.  All these resources are are available for use anytime and are free of charge, so it’s best that you take advantage of them. When starting a business, you need to get all the help that you need; put these to good use and make the process of building your venture easier.

About Ryan James

Half hardworking hermit, half avid adventurer, Ryan founded Startup Savant to simplify entrepreneurship and pay it forward by donating a portion of all revenue to support children's education via