New Mexico LLC Formation for Spanish Consultants
New Mexico offers a low-cost, private incorporation structure for non-US residents operating as independent consultants. This setup allows for the creation of a US-based legal entity without the requirement of annual state reports.
Spanish residents must evaluate this structure against the Beckham Law regime to determine the impact on their personal tax liability. Proper filing of US federal information returns is mandatory to avoid significant penalties.
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 are treated as pass-through entities for federal tax purposes, requiring compliance with US Treasury Regulation Section 1.6038A-1 regarding Form 5472 and 5472/1120 filing for foreign-owned single-member LLCs.
Beckham Law regime; autónomo alternative comparison
Use the NM LLC for consulting services to maintain US-source income isolation, but consult a tax advisor on how this interacts with the Spanish Beckham Law regime.
- 01Form 5472/1120 penalty of $25,000 for late or incomplete filing
- 02Potential Spanish tax residency audit regarding place of effective management
- 03Double taxation if US-source income is not properly offset by tax credits
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.