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New Mexico — New Company Registration

This guide covers registration for the following New Mexico Tax Agencies:

  • The New Mexico Taxation and Revenue Department 
  • New Mexico Department of Workforce  Solutions

This guide covers registration for the following types of tax:

  • Withholding Tax 
  • Workers Compensation 

Anyone engaging in business in New Mexico must register as an employer with the New Mexico Taxation and Revenue Department. 

How to register for a NM New Mexico Business Tax Identification Number and Workers Compensation Fee

  • Go to New Mexico Taxation and Revenue Department Taxpayer Access Point (TAP).
  • Under Businesses click "Apply for a New Mexico Business Tax ID" and follow prompts to register your business with the state and obtain a tax account ID.
  • During this process, you will also be asked to register for the Workers Compensation fee
  • This registration step will also create a TAP account which will allow you to access your withholding account
  • Upon completion and approval of the online application you may go to the Taxpayer Access Point (TAP) website and log into your account with the credentials set up during the application.

New Mexico Workers Compensation Fee

  • All employers of 3 or more employees, whether part-time, full-time, temporary or leased are required to carry workers' compensation coverage
  • The fee is not the same as the workers’ compensation insurance premium. Paying the fee does not mean that the employer has workers’ compensation insurance coverage. The employer must obtain a workers’ compensation insurance policy..  
  • Employers can visit NM Workers Compensation Administration for additional information on workers compensation insurance

Update your Eddy account with your New Mexico Business Tax ID. Your New Mexico ID is required for all New Mexico Taxation and Revenue Department interactions to ensure your account is accurate.

If you have any questions regarding this process, please call a customer support representative at (505) 827-0700 or send a direct message via their website at contact us. Additionally, new employer and new business tax workshops are also offered by the NM Department of Revenue and can be found on the contact us page along the left side.

Unemployment Insurance Tax (UI)

How to register for a New Mexico Unemployment Employer Account Number.

Create a user ID and password to access your SUI account information

  • After you receive Employer Account Number 
  • Go toNew Mexico Department of Workforce  Solutions and set up access to the Unemployment Insurance Tax System
  • Select “Employer Login”
  • Enter Employer Account Number and complete all steps

Third-party Access required

To set up third party access, go to New Mexico Department of Workforce  Solutions and click on UI system Login at top right corner of screen.

    • Select Employer login 
    • Using user ID and password log into the Unemployment Insurance Tax System 
    • From the employer home page select the ‘Account Maintenance’ link
    • Select the Third Party Administrator (TPA) Authorization Link 
    • To add a Third Party Administrator (TPA), select ‘New’ 
    • Enter the ‘TPA ID’ for Eddy:  TPA ID: 500002855
  • Assign the following roles: Account Maintenance View Only, Payments Update and Submit, and Employment Wage Detail Update and Submit

Update your Eddy account with your New Mexico Unemployment Employer Account Number. Your employer account number is required for all NM Department of Workforce Solutions interactions to ensure your account is accurate.

For assistance call the UI operations Center at 1-877-664-6984 or email uitax.support@state.nm.us.  Additionally, an Employer Activation Guide can be found on the New Mexico Department of Workforce  Solutions page along the right side.  

 

 

 

 

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.