Friday, February 3rd
2023 LLC Formation Service Reviews
Inc Authority
- Cost: FREE for all entity setup services
- Packages for extra services range from $399 to $799
Can you really get something for nothing? When it comes to Inc Authority's LLC Formation services, you can! For both LLC's and corporations, this provider waives all service charges, labor costs and overhead - and at the time of our most recent visit to their site, Inc Authority had helped more than 130,000 clients to officially and legally create their businesses.
What you'll get
So, what do you get with Inc Authority's free LLC Formation offer? Quite a lot, actually:
- 5-point Business Name Check
- Preparation & Filing of all necessary documents
- Registered Agent services
- Digital delivery and storage of your documents
- Business checking account
- S-Election form
- INC CARE support
- Tax planning consultation
Less than 5 minutes
Filling out the online application took us less than five minutes, and most questions had helpful pop-out information if we weren't sure how to answer.
Apples to apples comparison
It's natural to wonder if "free" is really free, and it's true that Inc Authority offers paid packages to give you additional bells and whistles. (They have to make money somehow, right?) Here's where you'll need to do some careful apples-to-apples comparisons, because while the steps of forming an LLC won't cost you anything, many of the extras that only come with Inc Authority's packages might be had for less with one of the other services in our review. Plus, many of the bundled options don't apply to an LLC because they're specific to the steps needed to incorporate.
What's included
Take a look at what's in those packages and decide for yourself:
- Starter Business Bundle ($399): in this package, you'll get verification of business name availability, an IRS Tax ID number, tax consultation, business credit and funding evaluation, ownership certificates, and a year of advisory services (plus several extras that apply to corporations, like initial meeting minutes and a complete operating agreement)
- Executive Business Bundle ($499): this bundle includes all of the features of the Starter, plus a business license report and a website domain
- Tycoon Business Bundle ($799): adding on to the Executive package, this tier includes express processing, BizCredit express, a business credit coach, multi-tiered credit building system, business credit LaunchPad, and D&B credit bureau registration
Additional cost for additional features
Some of those extras will be offered to you during the registration process, available for purchase a la carte. For example, express processing could be added for $49, an EIN for $49, and so on. Take note that all of those extras are set to "yes" as default; click the slider (in a green box) to "no" for any features you don't want to add on.
Just as advertised
The good news is that we had no problems completing the entire LLC Formation process through Inc Authority, with no add-ons and completely free, just as advertised. Note - State fees still applied, but they didn't tack anything extra on there. While we were in the checkout process, we got a pop-up offer of 20% off Inc Authority's additional services - which didn't apply in our case, but could save you money on any of those a la carte options or bundles you might decide to use.
Easy and fast
Even more encouraging are the 3000+ 5-star reviews that satisfied clients have given Inc Authority. Over and over again, customers say that creating an LLC or corporation using this service is easy and fast. High praise is especially given to Inc Authority's customer representatives, who have a fantastic track record for being helpful, knowledgeable and professional at every step of the process. Plus, the BBB gives this provider an "A" rating: extra proof that you won't have any nasty surprises if you use this provider to form an LLC.
Great for the basics
In short, Inc Authority is trustworthy, accurate - and did we mention free? While you might be able to find a better deal with rival services if you need specific add-on features for a more robust LLC Formation package, you won't find a more affordable option if you just need the basic steps to help create your business. Inc Authority is one of our favorite choices among providers of LLC Formation services.
More LLC Formation Service Reviews
The 15 Best LLC Formation Services
Who is the Best LLC Creation Company?
If you're self-employed, the next step in growing your business while covering your assets is probably forming an LLC. Creating an LLC is often seen as a good move for people who want to limit their liability without the cumbersome paperwork and regulations of a corporation.
No matter where your business is located, you'll typically need to register your company name and file documentation with the state, along with having accurate, complete Articles of Organization. Other requirements depend on the specific legal statutes governing businesses in your state. An online LLC Creation company can greatly help faciliate this process.
LLC Formation Service FAQ
Continued from above...
In the past, navigating those state-specific obligations to form an LLC was both expensive and time-consuming: finding a local lawyer with expertise in the field and paying hefty fees to get everything done correctly. Fortunately, today's small business owners have access to much more affordable options online. These services offer all of the same benefits, accuracy, and legal standing that you'd expect from working in person with an attorney. You can get as much or as little direction as you need to complete each step required for LLC formation, depending on which service you choose.
Which provider should you choose to help in forming your LLC? Not all services are the same, so when comparing what each one has to offer, keep in mind these important factors:
- Reputation. How many small businesses have been served by the provider? What do former clients say about their experience in forming an LLC with them? Is the company rated and/or accredited by the Better Business Bureau?
- Cost. What will you be charged to form your LLC? Are their different packages available? Are there a lot of add-on services that will increase your cost? Do you get a good value for what you pay?
- Services. Does the company offer a wide range of services, or do they take a one-size-fits-all approach? Will the service give you one-on-one help if you need it? How much are you expected to do on your own?
TopConsumerReviews.com has reviewed and ranked the best LLC Formation Companies available today. We hope this information helps you create your LLC quickly and affordably!
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