New Mexico!

 
   Corporate Name Endings
     * The name must contain the separate word "corporation,"
       "incorporation," "company," "limited" or abbreviation thereof. The
       name must not be the same as or confusingly similar to a name of
       any domestic or foreign corporation or the name reserved by or
       registered by another corporation, unless written permission of
       other corporation is obtained. The name must not imply purpose
       other than that contained in charter.
       
   Articles of Incorporation Requirements
     * Director Information
          * Minimum Number - One or more.
          * Residence Requirements. - No provision.
          * Age Requirements - None.
          * Directors are required to be listed in the articles of
            incorporation.
     * Officer Information
          * The officers are not required to be listed in the articles of
            incorporation.
     * Stock Information
          * An increase in the shares may cause an increase in the
            initial filing fee.
       
   Yearly Requirements
     * Annual Statements
          * Must be filed biannually on or before the 15th day of the 3d
            month following the end of their tax year. Filing fee, $25.
     * Income Tax Rate
          * 4.8% of net income up to $500,000; over $500,000 but not over
            $1,000,000, $24,000 plus 6.4% of excess over $500,000; over
            $1,000,000, $56,000 plus 7.6% of excess over $1,000,000.
     * Franchise Tax
          * Tax is imposed on every domestic corporation and every
            foreign corporation employed or engaged in the transaction of
            business in, into or from New Mexico or deriving income from
            property or employment in New Mexico, and on every domestic
            or foreign corporation having or exercising its corporate
            franchise in New Mexico, whether active or not. The rate is
            $50 each tax year.
       
   For more information on taxes, visit www.state.nm.us/tax