Business Registration in New Mexico
To register a business in New Mexico costs $50. This fee is paid to the Secretary of State. You will get a business tax ID number after registering. The Taxation and Revenue Department regulates businesses. If your business applies for tax, you will receive state tax ID numbers.
Albuquerque Overview
Albuquerque is the largest city in New Mexico. It was founded in 1706. Today it is a center for healthcare, government, banking and more. The federal government employs 29,500 people. Private sector employs 650,000. An area called the "War Zone" is a crime hotspot. It runs along Central Avenue. Tourism, technology, and construction are top industries.
Major Industries in Albuquerque
Located in the heart of the high desert, Albuquerque, New Mexico, is a city with a rich history and a vibrant business and industry scene. The Rio Grande River valley contains rich farm and pasture lands that support a sizable food industry, based mainly on fruit and produce, in the Albuquerque area. Among the major manufacturing firms that call Albuquerque home are Intel, GE, and General Mills.
Biggest Employers in Albuquerque
The federal government and private sector are the largest employers in Albuquerque. Tourism, military, and the oil and gas industry provide most jobs in New Mexico. They account for much government spending. As the largest city, Albuquerque drives recent economic growth with construction, technology, and healthcare leading in new jobs.