New Mexico
Register your New Mexico business and understand tax obligations with this comprehensive guide.
New Mexico New Business Registration Guide
Tax Agencies
- New Mexico Taxation and Revenue Department
- New Mexico Department of Workforce Solutions
Types of Tax
- Withholding Tax
- Workers’ Compensation Fee
- Unemployment Insurance Tax (UI)
New Mexico Withholding Tax and Workers' Compensation Fee
Registration Steps
- Register for a New Mexico Business Tax Identification Number and Workers’ Compensation Fee
- Visit the New Mexico TAP Portal.
- Under Businesses, click Apply for a New Mexico Business Tax ID and complete the registration steps.
- During this registration, you will also enroll in the Workers’ Compensation Fee program.
- A TAP account will be created during the process. Log in post-approval at TAP.
- Workers' Compensation Requirements
- All employers with 3 or more employees (including part-time, leased, or temporary) must carry Workers’ Compensation insurance.
- The fee is not the same as insurance coverage. Employers must still obtain a workers’ compensation insurance policy.
- More information: NM Workers Compensation Administration
Action Required:
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New Mexico Unemployment Insurance (UI)
Registration Steps
- Register for a New Mexico UI Employer Account Number
- Employers must pay wages before registering.
- Go to the Department of Workforce Solutions UI Registration Page and click Register Now.
- Create a UI System Login
- After receiving your Employer Account Number:
- Visit the UI System
- Click Employer Login
- Enter your UI credentials to access your account.
Third-Party Administrator (TPA) Access
- Go to the UI Login Page
- Click UI System Login
- Log in with your credentials
- Select Account Maintenance > TPA Authorization
- Click New, and enter Check’s TPA ID: 500002855
- Assign the following roles:
- Account Maintenance View Only
- Payments Update and Submit
- Employment Wage Detail Update and Submit
- Refer to the official TPA Authorization PDF Guide
Action Required:
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This guide does not contain legal or tax advice. If legal or tax advice is required, an attorney, CPA or tax adviser should be consulted.
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Last updated on March 31, 2023