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Foreign Profit Corporation Application for Certificate of Withdrawal is a legal document that was released by the New Mexico Secretary of State - a government authority operating within New Mexico.
Q: What is a Foreign Profit Corporation?
A: A Foreign Profit Corporation is a business entity that is incorporated in a state other than New Mexico, and wishes to operate in New Mexico.
Q: What is a Certificate of Withdrawal?
A: A Certificate of Withdrawal is a document that officially terminates the authority of a Foreign Profit Corporation to do business in New Mexico.
Q: Why would a Foreign Profit Corporation need to file a Certificate of Withdrawal?
A: A Foreign Profit Corporation may need to file a Certificate of Withdrawal if they no longer wish to operate in New Mexico or if they are ceasing operations altogether.
Q: What information is required to file a Certificate of Withdrawal?
A: The required information includes the name of the Foreign Profit Corporation, the state where it is incorporated, the date of incorporation, and a statement of withdrawal.
Q: What is the filing fee for the Foreign Profit Corporation Application for Certificate of Withdrawal in New Mexico?
A: The filing fee is $50 for processing the application.
Q: What is the processing time for the Foreign Profit Corporation Application for Certificate of Withdrawal?
A: The processing time is typically 3-5 business days.
Q: Are there any other requirements or documents that need to be submitted with the Certificate of Withdrawal?
A: No, the Certificate of Withdrawal is the main document required. However, you may need to provide additional documents if there are outstanding taxes or fees.
Q: What happens after the Certificate of Withdrawal is approved?
A: Once the Certificate of Withdrawal is approved, the Foreign Profit Corporation's authority to do business in New Mexico is terminated, and they are no longer required to file annual reports or pay taxes in the state.
Form Details:
Download a fillable version of the form by clicking the link below or browse more documents and templates provided by the New Mexico Secretary of State.