New Mexico is the only state that combines no public owner disclosure with no annual report and no annual fee — so a private LLC costs $0 per year to keep alive after formation. You still need a registered agent. It's the best vehicle for a pure privacy or holding shell. For an operating company that needs banking, Wyoming is the stronger pick — and it's what we sell ready-made, with the EIN already issued.
An anonymous New Mexico LLC is a limited liability company whose owners' names never appear on the public state record. New Mexico does not require members or managers to be listed in the Articles of Organization, and — unlike almost every other state — it has no annual report, so there is no later filing that would expose ownership. The only names visible to the public are the LLC's name and its registered agent. That combination is what makes New Mexico the cheapest genuinely anonymous LLC in the United States.
New Mexico's appeal is purely about privacy and cost. The state charges a single $50 filing fee to form the LLC and then asks for nothing else year after year — no annual report, no franchise tax, no minimum fee. Your only recurring expense is a registered agent. For someone who wants a quiet holding entity or a privacy layer over other assets, that's hard to beat.
Note: privacy from the public is not secrecy from the government. Under the federal Corporate Transparency Act, most LLCs must report their beneficial owners to FinCEN — that information is not public, but it is filed.
Choose New Mexico if you want the cheapest private holding shell; choose Wyoming if you want an operating company that banks and processors trust. Both states hide owners from the public record. The real differences are annual cost, asset protection strength, and how readily banks onboard the entity.
| Factor | New Mexico LLC | Wyoming LLC |
|---|---|---|
| Owner privacy (public record) | Anonymous | Anonymous |
| State formation fee (one-time) | $50 | $100 |
| Annual report & fee | None — $0/year | ~$60/year minimum |
| Registered agent required | Yes | Yes |
| Charging-order asset protection | Standard | Stronger (incl. single-member) |
| Banking & processor reputation | More scrutiny | Widely accepted |
| State income tax | Yes (graduated) | No state income tax |
| Best for | Pure privacy / holding shell | Operating company + banking |
Bottom line: New Mexico is the cheaper, lighter-touch option and unbeatable for a dormant or holding entity you simply want kept private at $0/year. Wyoming costs a little more to maintain but pairs its anonymity with no state income tax, the country's strongest charging-order protection, and a reputation banks recognise. If the LLC will hold a bank account, take payments, or own an operating business, Wyoming is the safer choice — and it's the entity we provide ready-made with the EIN already in place.
As of 2026, a New Mexico LLC costs $50 to form and $0 in state fees thereafter — your only recurring cost is a registered agent. Here's the full picture against the recurring exposure points other states create:
Anonymity is only half the job. The moment you want a US bank account, Stripe, or to invoice a client, you need an EIN and an entity that processors recognise. New Mexico gives you privacy; it doesn't give you a bank-ready company on day one. That's where a ready-made Wyoming LLC changes the maths.
Our ready-made companies are Wyoming LLCs that are already formed, in good standing, and already have their EIN issued. Ownership transfers into your name within 24 hours, so you skip the 2–4 week formation-and-EIN wait entirely and can open business banking the same day. You keep Wyoming's anonymity and its stronger asset protection — and you can still set up a New Mexico entity later as a quiet holding layer if you want one.
Transferred into your name within 24 hours. $1,000, money-back guarantee. Or register a fresh LLC from $549.
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If you need more than a holding shell, start with a ready-made Wyoming LLC that already has its EIN. Pick one, verify, and it's transferred into your name within a day.