{"id":412,"date":"2020-10-19T11:25:06","date_gmt":"2020-10-19T17:25:06","guid":{"rendered":"https:\/\/www.tax.newmexico.gov\/businesses\/?page_id=412"},"modified":"2025-05-21T14:29:32","modified_gmt":"2025-05-21T20:29:32","slug":"register-close-your-corporation","status":"publish","type":"page","link":"https:\/\/www.tax.newmexico.gov\/businesses\/register-close-your-corporation\/","title":{"rendered":"Register \/ Close a Corporation"},"content":{"rendered":"

[et_pb_section fb_built=”1″ _builder_version=”4.16″ _module_preset=”default” background_repeat=”round” custom_margin=”0px||||false|false” custom_padding=”0px||0px|||” global_colors_info=”{}”][et_pb_row _builder_version=”4.16″ _module_preset=”default” use_background_color_gradient=”on” background_color_gradient_stops=”#ffffff 0%|#dedede 100%” background_color_gradient_start=”#ffffff” background_color_gradient_end=”#dedede ” custom_margin=”0px||||false|false” custom_padding=”4px||4px||true|false” background_color_gradient_stops_tablet=”#ffffff 0%|#dedede 100%” background_color_gradient_stops_phone=”#ffffff 0%|#dedede 100%” border_width_all=”1px” border_color_all=”#c9c9c9″ global_module=”210″ saved_tabs=”all” locked=”off” collapsed=”off” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_dmb_breadcrumbs font_icon=”%%20%%” home_icon=”%%236%%” use_home_text=”on” home_text=”Businesses” _builder_version=”4.16″ _module_preset=”default” body_text_color=”#282728″ separator_text_color=”#282728″ link_text_color=”#000000″ custom_padding=”0px||0px|15px|false|false” global_colors_info=”{}”][\/et_pb_dmb_breadcrumbs][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ specialty=”on” padding_bottom_1=”0px” _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”1_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_blurb title=”Explore Section & Events” use_icon=”on” font_icon=”||divi||400″ _builder_version=”4.16″ _module_preset=”7b5e95ba-231a-438c-8dd9-6676746c29e6″ global_colors_info=”{}”][\/et_pb_blurb][et_pb_sidebar area=”et_pb_widget_area_1″ _builder_version=”4.16″ _module_preset=”50d7f88b-470d-49c8-b370-96c4a9bca4df” custom_margin_tablet=”10px||||false|true” custom_margin_phone=”” custom_margin_last_edited=”on|desktop” custom_padding=”|4%|20px|4%|false|true” saved_tabs=”all” locked=”off” global_colors_info=”{}”][\/et_pb_sidebar][\/et_pb_column][et_pb_column type=”3_4″ specialty_columns=”3″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_row_inner _builder_version=”4.16″ _module_preset=”default” background_color=”#ffffff” custom_padding=”|20px||20px|false|false” global_colors_info=”{}”][et_pb_column_inner saved_specialty_column_type=”3_4″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_post_title meta=”off” _builder_version=”4.16″ _module_preset=”default” title_font=”|300|||||||” title_font_size=”50px” title_letter_spacing=”-3px” global_colors_info=”{}”][\/et_pb_post_title][et_pb_text _builder_version=”4.27.4″ _module_preset=”default” hover_enabled=”0″ global_colors_info=”{}” sticky_enabled=”0″]<\/p>\n

Information about registering or closing your corporation.<\/h2>\n

Corporations are required to have a Federal Employer Identification Number (FEIN). If your corporation has gross receipts, compensating or withholding tax to report, you are also required to obtain a Business Tax Identification Number (BTIN). More information is available on the Who Must Register<\/a><\/strong> page of this website. You may also be required to register your corporation with the\u00a0Secretary of State (SOS)<\/a><\/strong>.<\/p>\n

Other Registration Requirements<\/strong><\/h3>\n

In addition to registering with the Taxation and Revenue Department, you may need to consult various regulatory agencies, professional licensing boards, or local authorities. Please see the list of other agencies on pages 5\u00a0 and 6 of\u00a0FYI-102, Information for New Businesses<\/a><\/strong>.<\/p>\n

Closing Your Corporation<\/strong><\/h3>\n

To close a corporation with an active BTIN please review the \u201cclose your business\u201d instructions here<\/a>.<\/strong><\/p>\n

You must file a final corporate income tax return with Taxation and Revenue when your annual income tax return is due.<\/p>\n

If you are dissolving a corporation or withdrawing from doing business in New Mexico, you should request a Corporate Certificate of No Tax Due and contact the Secretary of State (SOS)<\/a><\/strong>.<\/u><\/p>\n

Purchasers or Lessees<\/strong><\/h3>\n

If you are a purchaser or lessee and therefore a successor in business of a business, license, or permit, you may request a Certificate of No Tax Due to ensure that you are not liable for any taxes due to TRD by the seller or lessor. A Request for Tax Clearance or Letter of Good Standing can be downloaded by completing form\u00a0<\/em>ACD-31096 Tax Clearance Request<\/a><\/strong>.<\/em><\/p>\n

[\/et_pb_text][\/et_pb_column_inner][\/et_pb_row_inner][\/et_pb_column][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"

Information about registering or closing your corporation. Corporations are required to have a Federal Employer Identification Number (FEIN). If your corporation has gross receipts, compensating or withholding tax to report, you are also required to obtain a Business Tax Identification Number (BTIN). More information is available on the Who Must Register page of this website. […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"class_list":["post-412","page","type-page","status-publish","hentry"],"yoast_head":"\nRegister \/ Close a Corporation : Businesses<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.tax.newmexico.gov\/businesses\/register-close-your-corporation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Register \/ Close a Corporation : Businesses\" \/>\n<meta property=\"og:description\" content=\"Information about registering or closing your corporation. Corporations are required to have a Federal Employer Identification Number (FEIN). If your corporation has gross receipts, compensating or withholding tax to report, you are also required to obtain a Business Tax Identification Number (BTIN). More information is available on the Who Must Register page of this website. […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.tax.newmexico.gov\/businesses\/register-close-your-corporation\/\" \/>\n<meta property=\"og:site_name\" content=\"Businesses\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/nmtaxationandrevenue\" \/>\n<meta property=\"article:modified_time\" content=\"2025-05-21T20:29:32+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.tax.newmexico.gov\\\/businesses\\\/register-close-your-corporation\\\/\",\"url\":\"https:\\\/\\\/www.tax.newmexico.gov\\\/businesses\\\/register-close-your-corporation\\\/\",\"name\":\"Register \\\/ Close a Corporation : Businesses\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.tax.newmexico.gov\\\/businesses\\\/#website\"},\"datePublished\":\"2020-10-19T17:25:06+00:00\",\"dateModified\":\"2025-05-21T20:29:32+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.tax.newmexico.gov\\\/businesses\\\/register-close-your-corporation\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.tax.newmexico.gov\\\/businesses\\\/register-close-your-corporation\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.tax.newmexico.gov\\\/businesses\\\/register-close-your-corporation\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.tax.newmexico.gov\\\/businesses\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Register \\\/ Close a Corporation\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.tax.newmexico.gov\\\/businesses\\\/#website\",\"url\":\"https:\\\/\\\/www.tax.newmexico.gov\\\/businesses\\\/\",\"name\":\"Businesses\",\"description\":\"The Taxation and Revenue Department, charged with the task of collecting tax dollars and distributing them according to state law, answers to the Governor as part of the executive branch of state government.\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.tax.newmexico.gov\\\/businesses\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.tax.newmexico.gov\\\/businesses\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.tax.newmexico.gov\\\/businesses\\\/#organization\",\"name\":\"New Mexico Taxation and Revenue Department\",\"url\":\"https:\\\/\\\/www.tax.newmexico.gov\\\/businesses\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.tax.newmexico.gov\\\/businesses\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.tax.newmexico.gov\\\/businesses\\\/wp-content\\\/uploads\\\/sites\\\/4\\\/2020\\\/10\\\/logo.png\",\"contentUrl\":\"https:\\\/\\\/www.tax.newmexico.gov\\\/businesses\\\/wp-content\\\/uploads\\\/sites\\\/4\\\/2020\\\/10\\\/logo.png\",\"width\":180,\"height\":66,\"caption\":\"New Mexico Taxation and Revenue Department\"},\"image\":{\"@id\":\"https:\\\/\\\/www.tax.newmexico.gov\\\/businesses\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/nmtaxationandrevenue\",\"https:\\\/\\\/en.wikipedia.org\\\/wiki\\\/New_Mexico_Taxation_and_Revenue_Department\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Register \/ Close a Corporation : Businesses","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.tax.newmexico.gov\/businesses\/register-close-your-corporation\/","og_locale":"en_US","og_type":"article","og_title":"Register \/ Close a Corporation : Businesses","og_description":"Information about registering or closing your corporation. Corporations are required to have a Federal Employer Identification Number (FEIN). If your corporation has gross receipts, compensating or withholding tax to report, you are also required to obtain a Business Tax Identification Number (BTIN). More information is available on the Who Must Register page of this website. […]","og_url":"https:\/\/www.tax.newmexico.gov\/businesses\/register-close-your-corporation\/","og_site_name":"Businesses","article_publisher":"https:\/\/www.facebook.com\/nmtaxationandrevenue","article_modified_time":"2025-05-21T20:29:32+00:00","twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.tax.newmexico.gov\/businesses\/register-close-your-corporation\/","url":"https:\/\/www.tax.newmexico.gov\/businesses\/register-close-your-corporation\/","name":"Register \/ Close a Corporation : Businesses","isPartOf":{"@id":"https:\/\/www.tax.newmexico.gov\/businesses\/#website"},"datePublished":"2020-10-19T17:25:06+00:00","dateModified":"2025-05-21T20:29:32+00:00","breadcrumb":{"@id":"https:\/\/www.tax.newmexico.gov\/businesses\/register-close-your-corporation\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.tax.newmexico.gov\/businesses\/register-close-your-corporation\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.tax.newmexico.gov\/businesses\/register-close-your-corporation\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.tax.newmexico.gov\/businesses\/"},{"@type":"ListItem","position":2,"name":"Register \/ Close a Corporation"}]},{"@type":"WebSite","@id":"https:\/\/www.tax.newmexico.gov\/businesses\/#website","url":"https:\/\/www.tax.newmexico.gov\/businesses\/","name":"Businesses","description":"The Taxation and Revenue Department, charged with the task of collecting tax dollars and distributing them according to state law, answers to the Governor as part of the executive branch of state government.","publisher":{"@id":"https:\/\/www.tax.newmexico.gov\/businesses\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.tax.newmexico.gov\/businesses\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.tax.newmexico.gov\/businesses\/#organization","name":"New Mexico Taxation and Revenue Department","url":"https:\/\/www.tax.newmexico.gov\/businesses\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.tax.newmexico.gov\/businesses\/#\/schema\/logo\/image\/","url":"https:\/\/www.tax.newmexico.gov\/businesses\/wp-content\/uploads\/sites\/4\/2020\/10\/logo.png","contentUrl":"https:\/\/www.tax.newmexico.gov\/businesses\/wp-content\/uploads\/sites\/4\/2020\/10\/logo.png","width":180,"height":66,"caption":"New Mexico Taxation and Revenue Department"},"image":{"@id":"https:\/\/www.tax.newmexico.gov\/businesses\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/nmtaxationandrevenue","https:\/\/en.wikipedia.org\/wiki\/New_Mexico_Taxation_and_Revenue_Department"]}]}},"_links":{"self":[{"href":"https:\/\/www.tax.newmexico.gov\/businesses\/wp-json\/wp\/v2\/pages\/412","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.tax.newmexico.gov\/businesses\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.tax.newmexico.gov\/businesses\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.tax.newmexico.gov\/businesses\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.tax.newmexico.gov\/businesses\/wp-json\/wp\/v2\/comments?post=412"}],"version-history":[{"count":16,"href":"https:\/\/www.tax.newmexico.gov\/businesses\/wp-json\/wp\/v2\/pages\/412\/revisions"}],"predecessor-version":[{"id":18220,"href":"https:\/\/www.tax.newmexico.gov\/businesses\/wp-json\/wp\/v2\/pages\/412\/revisions\/18220"}],"wp:attachment":[{"href":"https:\/\/www.tax.newmexico.gov\/businesses\/wp-json\/wp\/v2\/media?parent=412"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}