Forming an LLC requires a different business name, which must be unique and adheres to the guidelines. The great thing is New Mexico’s Secretary of State page includes a name availability checker. Check out LLC Name Search to learn more.
On this page, you’ll learn about the following:
How to Name an LLC in New Mexico
Time needed: 5 minutes.
There are guidelines to follow in doing a New Mexico LLC name search. To learn more, check out LLC Naming Guidelines or read Foreign LLC Application for Registration if you’re planning to register a foreign LLC.
- Check Name Availability
Search the Business Entity Records in New Mexico’s Official Secretary of State page to check if your chosen business name is available. You may also try typing your trademark, business, or domain name on any search engine to generate businesses with similar names and to ensure your trademark is unique and meets the state’s requirements.
Check out How to File a DBA to learn more about registering a DBA or trademark. For social media pages, use Social Searcher to avoid using similar page names.
- Check Domain Availability
If your business name is still available, you must register for a domain name using Namecheap, Google Workspace, or other domain name sites. So customers can easily find your business over the Internet. Use the Kinsta app to manage your domains efficiently.
- File Name Reservation
A Name Reservation Certificate is required along with a Certificate of Formation. You can reserve a name online, by mail, or in-person with a $20 filing fee (plus tax for online).
File your Certificate of Formation and Name Reservation online on the Secretary of State Online Services page of New Mexico. You may also download the pdf file of the Name reservation form and submit it with the processing fee to Secretary of State Corporations Bureau Chartered Documents Division 325 Don Gaspar, Suite 300 Santa Fe, New Mexico 87501.
Guidelines to Follow in Naming LLC
- Use a business name with the abbreviation “LLC” or the phrase “Limited Liability Company.”
- Your decided business name must not coincide with any existing government entity. Otherwise, you might have to face legal lawsuits when filing your LLC.
- Use the LLC name availability checker to ensure your business name is unique.
- Get a license first if you plan on using restricted words to avoid any complications.
Note that you must put adequate effort into naming your LLC because this name will be with your business for a long time. Making your LLC name unique is vital as it would prevent people from confusing your business with others, not to mention it would be easier for them to recall your business, products, or services.
How to do a New Mexico LLC Online Name Search
It is critical to choose the name of your LLC carefully. If you have a unique name for your LLC and no other business is using it, you must search it up on the New Mexico state website. Consider the following tips to learn more.
Utilize the New Mexico states’ search tool for commercial entities.
New Mexico’s Secretary of State will soon launch an online business directory. This tool can help you determine whether the name you’re interested in purchasing is available for use by your business. It is just essential to maintain backup names in order to make the selection process easier.
Enter your name
You can perform two kinds of searches on the search page. You can look up the name of the entity or its six-digit code. It is necessary to fill the empty area with the entity’s name or the number of the entity in order to start the search procedure.
Do the lookup
There are two methods for conducting a name search. Enter the keyword in the search field and then click “contains.” It will list opponents in New Mexico. Additionally, you can select the “begins with” option. This will return businesses with similar names or that begin with similar terms to yours.
Searches will disclose information about a company’s current state. A status may be voluntary or involuntary dissolution, or it may be in good standing. Among all conceivable statuses, only voluntary dissolution is permissible for your company’s name.
How Do I Reserve an LLC Name in New Mexico
When starting an LLC in New Mexico, the first formal step is to choose a name for your company. You can use the Business Search tool of the New Mexico Secretary of State to determine whether a particular name is available for reservation. The New Mexico LLC Act 53-19-3 lists the restrictions on the names of business entities. If you have a great business name that is already taken, you should reserve it before someone else does.
To reserve an LLC name in New Mexico, you must first fill out an application with all of the required information and pay a $20 fee. You can download and complete the reservation form from the Secretary of State’s website. The search will take about 120 days. This time frame is long enough for you to choose the name of your LLC and register it. It is also helpful to note that you cannot file under a fictitious name. A fictitious business name is also known as an assumed or trade name. However, you do not need to file a business name in New Mexico if you intend to use it in any other state.
You should be sure to check the availability of your business name before purchasing letterheads, business cards, or other marketing materials for your business. You should wait to purchase these items until you receive approval for your LLC to ensure that you will be able to use the name. Many people spread wrong information online and end up wasting their time. You should avoid wasting your time and money by waiting. You may not want to make any mistakes when choosing a business name!
You will need to file articles of organization with the SOS’s web portal. You can upload documents and pay the filing fee with your credit card. The SOS web portal will notify you if the name of your business is available for reservation. Once the articles of organization are filed, you should select a registered agent and register the company with the SOS. Ensure that the registered agent receives important notifications from the SOS. This agent will also be the business’s representative in case of any legal issues.
Lastly, it’s important to make sure your business name is unique and available for registration as a URL. Some states require businesses to register names other than the ones listed in their formation documents. This is called a trade name or a “doing business as” name. Remember, a trade name is a name that an individual or company chooses to operate under. So, be sure to research business names before you make a decision on your business name.
In addition to filing your articles of organization, you should file an operating agreement. While it is not legally required, it will ensure that the members of the company are aware of the terms of the agreement. A signed operating agreement will help to prevent disputes, and preserve the limited liability protections of the members. When you register your business name, be sure to obtain an EIN number from the Internal Revenue Service. You can find the EIN number on the IRS website or apply for one online.
A trade name (doing business as (DBA) name) is the official name under which a proprietor or company chooses to do business.
Having a domain isn’t necessary, but it is recommended. If you have a domain name, customers will find you more accessible through online means with your online website.
For domestic LLC, you can simply brainstorm for another name if the one you pick is no longer available. For foreign LLC, you must think up a “fictitious name,” which you’ll use only in the state.
LLC names are important as it is the main identity of your business. While naming your LLC make sure to choose the one that suits the nature of your business. Follow the naming guidelines before you start filing your LLC name