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US LLC (New Mexico) · via doola·🇩🇪Founder profile

New Mexico LLC via doola — German Indie Developers

VerifiedJul 2026
EligibilityEligible
Setup timeline14–28days
Year-1 total$297.00

German indie developers who want minimum US-side friction pick New Mexico for the lack of annual state report and franchise tax. Wyoming adds $60/year for slightly stronger brand; NM saves that cost with functionally identical operation.

US tax: LLC pays $0 federal tax when non-ETBUS with no effectively connected income. Form 5472 + pro-forma 1120 mandatory yearly under IRC §6038A; $25,000 penalty. Germany side: AO §138 Anzeigepflicht requires Finanzamt notification within one month using form BZSt-2; non-notification is up to EUR 25,000 under §379 AO.

AStG CFC rules apply to passive income; active SaaS or consulting typically escapes attribution.

§ 01Cost of ownership

Model the full outlay, not just the setup fee

Renewal costs sneak up on non-resident founders. Compare year-1 filing against a 3-year total to see the real bill.
Currency · USD (live FX)
2-year cost of ownership
$594.00
$24.75/month amortized·USD @ live FX
Time horizon
Line items
Amount
  • Setupdoola setup
    $297.00
  • AnnualYear 2 renewal
    $297.00
Total$594.00
§ 02Tax residency · German Indie Developers

What the tax authority sees

US federal / local status

A New Mexico LLC held by a German resident owes no US federal tax when non-ETBUS with no effectively connected income; Form 5472 (IRC §6038A) mandatory yearly; AO §138 Anzeigepflicht requires Finanzamt notification within one month.

Home-country rule

AO §138 Anzeigepflicht (foreign entity disclosure); CFC rules

Editorial verdict

New Mexico LLC is the cheapest US state to maintain; AO §138 filing and AStG CFC evaluation are identical across states.

Key compliance risks
  • 01Form 5472 penalty $25,000 per year (IRC §6038A)
  • 02AO §138 non-notification up to EUR 25,000 (§379 AO)
  • 03AStG CFC attribution risk for passive LLC income
  • 04Gewerbesteuer risk if Finanzamt deems the LLC to have Betriebsstätte in Germany
§ 03Setup timeline

From filing to funded bank account

Setup timeline
14–28days total, 3 phases
Milestone check
Filing · Tax ID · Banking
d0
d7
d14
d21
d28
01Filingdoola submits formation docs
d0–d10
02Tax ID / EINIRS EIN issuance
d8–d21
03BankingBusiness account approved & funded
d17–d28
§ 04Head-to-head

US LLC (New Mexico) vs Estonia OÜ (e-Residency)

US LLC (New Mexico)
LLC
Estonia OÜ (e-Residency)
Entity
LLC
Setup cost
$50.00
$205.20
Annual
$0.00
$129.60
Local director
Remote OK
Remote OK
Physical presence
Remote OK
Remote OK
Tax regime
No annual report; federal only on US-source income
20% only on distributed profit; 0% on retained earnings
§ 05Questions founders actually ask

FAQ

No. Abgabenordnung §138 Anzeigepflicht applies to any foreign entity ownership regardless of US state. Notify your local Finanzamt within one month of formation using form BZSt-2 or Finanzamt letter. Same $25,000 penalty exposure under §379 AO for non-notification.

Next step

Start filing with doola

Formation typically completes in 2–3 weeks. Use the promo below, then click through to begin the checklist directly on the platform.