New Mexico Business License Center

Important Points:

  • A state business license is required for most businesses in New Mexico.
    • Occupational licenses are obtained from the municipality or the county in which you will do business.
  • Most businesses must register with the New Mexico Taxation and Revenue Department.
    • If you hire employees, you must register with the New Mexico Department of Labor.
    • If your business needs to provide Workers Compensation coverage, you must file quarterly reports with the New Mexico Taxation and Revenue Department.

How to Get a Business License in New Mexico:

New Mexico State Sales Tax:

  • New Mexico does not have sales tax.
    • Instead, it has a 5% gross receipt tax that most businesses pass along to customers.
    • Most food purchases are not taxed, see tax exceptions.
    • Certain medical services are not taxed.

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