Form Asd 22242 - Application For Resident Veteran Business Certification Page 3

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APPLICATION FOR RESIDENT VETERAN BUSINESS CERTIFICATE
INSTRUCTIONS
Beginning January 1, 2012, but not after June 30, 2022, New Mexico veteran owned businesses who wish to
obtain a resident veteran business preference must first apply for and obtain a resident veteran business certifi-
cate issued by the New Mexico Taxation and Revenue Department (TRD). The preference may be used by the
holder to obtain a bidding advantage when participating in a formal bid process or formal request for proposal
process for the sale of goods or services to a New Mexico state or local public body. The business must submit
with its bid or proposal a copy of a valid resident veteran business certificate.
So long as the business initially meets and continues to meet the necessary requirements, the certificate is valid
for three years from the date of issuance. The business must submit a new application if the business’s status
has changed or if there is a change in ownership of more than fifty percent.
The purchasing agent for a public body may verify that a resident veteran business certificate is issued by
TRD by accessing the TRD web site at https://secure.mvd.newmexico.gov/residentcertificate/default.aspx, or
by calling (505) 827-0951.
RESIDENT VETERAN BUSINESS CERTIFICATE APPLICATION
TRD has prescribed form ASD-22242 that must be completed in order to obtain a resident veteran business
certificate. The required contents of the form are summarized below.
General Information
SECTION I
This section requires provision of the applicant’s general business information, including basic contact informa-
tion. The contact information provided must be that of the business owner or the business’ authorized repre-
sentative.
Resident Veteran Business Status Information
SECTION II
To complete the application, the CPA must select the business status category that applies to the business: ex-
isting business, new business, relocated business, or previously certified business or business previously eligible
for certification. The CPA must select only the business status category that pertains to the applicant and indi-
cate which statements included in the applicable category accurately describe the business. If any statement is
not appropriate to or does not otherwise describe the applicant’s business, it may not qualify for certification.
NOTE: When a business is a relocated business, the application must indicate whether at least 80% of the
total personnel of the business in the prior year were New Mexico residents. For the purposes of this applica-
tion, a New Mexico “resident” is considered to be a person who is domiciled in this state during any part of the
calendar year or a person who is physically present in this state for at least 185 days during the calendar year.
Annual Revenue and Documentation
SECTION III
Complete Section III by entering the previous year’s annual revenues of the resident veteran business and
attaching the documentation required. An application submitted without the required information and docu-
mentation will be incomplete.

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