Assumed Business Name enables you to use a unique name for your business other than your legal or birth name. New Mexico, however, does not have statutes permitting the filing of DBAs. Learn the alternatives of NM DBA in this guide.
Important! Please keep in mind that DBA is not a business structure, so it won’t protect you from liabilities, lawsuits, or any other unforeseen situations. DBA stands for Doing Business As. – often precedes the name under which a business operates, which is not the legal name of the business.
There are no statutes requiring or permitting the DBA, trademark, trade name, or service mark for your company in New Mexico. However, reserving a name sometimes do the trick.
New Mexico Business Entity Search
Your company’s name (be it an LLC, a corporation, or any other legal NM entity) should be unique and have not been acquired by any other entity in New Mexico. Moreover, this name must also meet the business name requirements of New Mexico.
First, you have to search the Corporation and Business Services of New Mexico Secretary of state website for the DBA, Business, & Fictitious names. Check thoroughly to know whether the name that you wish to have for your business has already been taken by someone or not. Make sure, this name isn’t already in use.
Note: You can also find a complete guide on business name search here.
Reserving a business name would allow you to perform limited operations in New Mexico, such as opening a bank account under that name. As your reserved business name expires after 120 days, reserving a name is not a viable long-term solution.
Reserve your Name instead of New Mexico DBA
Businesses operating in New Mexico are required to reserve a business name with the New Mexico Secretary of State Office to perform the limited operations while their LLC’s Article of Organization, Articles of Incorporations, or LLPs are in the registration process with the state.
Download the respective form depending on your business structure:
- Application for the reservation of Limited Liability Company name
- Application for the reservation of Corporation name
Fill out the form and send it to the following address:
New Mexico Secretary of State
Business Services Division
325 Don Gaspar, Suite 300
Santa Fe, NM 87501
The New Mexico LLC name reservations fee is $20, and the corporation name reservation fee is $25.