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Monday, July 14th
Business Rocket is a company that specializes in assisting entrepreneurs and businesses with the incorporation process. Their services include legal aid, business registration, and tax compliance, with the goal of streamlining the process and helping businesses get up and running quickly and effectively. Business Rocket also offers ongoing support to their clients to ensure they remain compliant with legal and regulatory obligations as their business expands.
Incorporation packages priced from $49 to $254
Business Rocket provides a variety of incorporation packages that include preparation of organizational documents, filing and activation with the state, and lifetime compliance guard to alert you of any state or federal renewal requirements. Plus, all packages come with the first year of registered agent services, which costs $149 per year thereafter. Here are the company incorporation options available from Business Rocket:
5-star reviews despite no BBB rating
When we looked into Business Rocket, we were surprised to find that the Better Business Bureau did not have enough information to provide a rating. However, on Trustpilot, we found over 900 reviews that dated back at least 3 years, with an average rating of 4.8 out of 5 stars. More than 95% of clients recommended the service and praised the efficiency of the process and the helpfulness of the customer service team. While there were some negative experiences, most of the complaints seemed to come from overseas clients who had trouble connecting during business hours in their own time zone.
Could do better providing company background
What's missing from Business Rocket? Besides a BBB rating, the company's refund policy or satisfaction guarantee is unclear. Despite high client ratings, having these policies in writing would be reassuring. Additionally, more information about the company's team, such as the CEO and other members, would be helpful for business owners looking to trust the incorporation service. Though the website features testimonials dating back to the early 2010s, the lack of recent feedback raises questions about the company's current performance.
Might not be a bad way to incorporate your business
We have awarded Business Rocket a rating of 3.5 out of 5 stars, with some caution due to the lack of information about the company. While we would feel more comfortable with more background details and a satisfaction guarantee, the nearly flawless ratings on Trustpilot are encouraging. If you don't find a suitable option among the better-documented and higher-ranked incorporation services in our evaluation, it may be worth considering Business Rocket as a viable choice.
Incorporation is the process of legally creating a corporate entity, which can be a separate legal entity from its owners, with its own rights and responsibilities. As a business owner, incorporation can offer you a range of benefits, including limited liability protection, tax advantages, and increased credibility. However, there are also various considerations and requirements that you need to be aware of when incorporating your business.
The first step for business owners is to decide what type of corporation to form. In general, there are two main types of corporations: C corporations and S corporations. C corporations are subject to corporate income tax, while S corporations are not taxed at the corporate level, but rather have their income and losses passed through to their shareholders to report on their personal income tax returns.
Once the type of corporation has been decided, you'll need to follow the legal requirements for incorporation, which vary depending on the state in which your corporation is formed. Some of the common requirements include filing articles of incorporation, appointing a board of directors, holding annual meetings, and maintaining corporate records.
So, once you've determined that you want to incorporate, what's next? You could jump in and try to wade through all of the requirements and paperwork on your own - or you could take advantage of a service that can do all of the heavy lifting for you, often at no cost beyond what you'll pay to file your paperwork in your state. Hmmm, do it yourself for free or have someone else do it for free? Easy choice.
When it comes to choosing a service for incorporating your company, it's crucial to get it right on the first try. The process can be complex, so it's important to keep some key factors in mind when deciding how to proceed with your business. Here are some of the criteria to consider when taking the next step:
At Top Consumer Reviews, we understand that company incorporation can be a crucial step in safeguarding your personal assets and limiting your liability as a business owner. To assist you in this process, we have assessed and ranked the most widely used incorporation services. With the help of our comprehensive reviews, we are confident that you will find the right provider to guide you through this important step.
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