Forming a New Mexico LLC for Brazilian E-commerce Sellers
New Mexico offers a streamlined incorporation process for non-US residents operating e-commerce businesses. The state does not require annual reports, reducing ongoing administrative overhead for foreign founders.
Brazilian sellers must reconcile US entity formation with Receita Federal reporting obligations. Proper documentation of your LLC is required to maintain compliance with both US federal tax regulations and Brazilian foreign asset disclosure rules.
Model the full outlay, not just the setup fee
- SetupMercury (banking-only) setup$0.00
- AnnualYear 2 renewal$0.00
What the tax authority sees
New Mexico LLCs with no US-based employees or physical office are generally not considered ETBUS (Engaged in Trade or Business in the US), resulting in no federal income tax on non-US source income.
Receita Federal foreign entity disclosure (DIRPF Section 8)
Use New Mexico for its lack of annual reporting requirements, but ensure you maintain accurate bookkeeping for your Receita Federal DIRPF Section 8 disclosures.
- 01Form 5472/1120 penalty of $25,000 for failure to file
- 02Receita Federal audit risk if foreign assets are not declared
- 03Potential US withholding tax on US-sourced gross income
From filing to funded bank account
US LLC (New Mexico) vs Estonia OÜ (e-Residency)
FAQ
Start filing with Mercury (banking-only)
Formation typically completes in 2–3 weeks. Use the promo below, then click through to begin the checklist directly on the platform.