- Sales Tax Permit & Business License Guide
- What Is a Seller’s Permit?
- How to Get a Seller’s Permit
- Seller’s Permit Requirements
Browse state-by-state guides for sales tax permits, seller’s permits, resale certificates, and tax ID numbers.
For a new business in New Mexico, “tax ID number” may refer to two different identifiers: a federal Employer Identification Number (EIN), also called an FEIN, and a New Mexico Business Tax Identification Number (NMBTIN). Anyone engaging in business in New Mexico…
To start a New Mexico LLC, choose a compliant LLC name, appoint a registered agent and registered office in New Mexico, prepare the required company information, and file Articles of Organization through the New Mexico Secretary of State’s Business Services Online Filing…
To apply for an EIN for a New Mexico business, first form the legal entity with the state if it will be an LLC, partnership, corporation, or tax-exempt organization. Then gather the ownership, address, employee, accounting, and business-activity details needed for the…
New Mexico business-license requirements are best understood as a set of separate registrations and approvals rather than a single application that resolves every compliance issue. A business may need state tax registration, Secretary of State registration based on its legal structure, professional…
New Mexico does not generally call its business-tax registration credential a “seller’s permit.” A business selling goods or providing other taxable products or services typically registers with the New Mexico Taxation and Revenue Department (TRD). After registration, TRD issues a New Mexico…
New Mexico Resale & Nontaxable Transaction Certificates Explained What Makes New Mexico Different: Gross Receipts Tax vs. Sales Tax New Mexico does not impose a traditional “sales tax” on retail transactions. Instead, it imposes Gross Receipts Tax (GRT) on businesses for the privilege of doing business in the state. In many transactions, the seller passes
New Mexico Gross Receipts Tax: Registration Basics How New Mexico Gross Receipts Tax (GRT) Works New Mexico does not administer a traditional “sales tax.” Instead, New Mexico imposes a Gross Receipts Tax (GRT) on businesses for the privilege of doing business in the state. In many transactions, businesses pass the tax cost to customers, but
Browse state-by-state guides for sales tax permits, seller’s permits, resale certificates, and tax ID numbers.