For Pakistani citizens prioritizing the lowest possible long-term cost, a New Mexico LLC is the strongest option, since New Mexico is one of the only US states that never charges an annual report fee — a meaningful saving over years of ownership compared to Wyoming's recurring $60 annual fee.
Why Pakistani Side Businesses Often Choose New Mexico
Pakistani freelancers running a side business alongside other income often choose New Mexico specifically to minimize ongoing maintenance costs, since the LLC requires no annual filing or fee once formed — reducing the administrative burden for a smaller, supplementary business.
New Mexico and Pakistani Tax Declaration
As with any foreign-owned LLC, income received personally by a Pakistani owner from a New Mexico LLC should still be declared to the FBR annually, regardless of New Mexico's lack of a state-level annual report requirement.