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      January 22, 2020

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Biz Filings vs Incorporate

Best Company Incorporation Services

To help you find the Best Company Incorporation, TopConsumerReviews.com provides you with an in-depth comparison of Biz Filings and Incorporate.

To see ALL of our reviews for the Best Company Incorporation, please Click Here

Who has the best Company Incorporation Service? Are you a small business owner looking to protect yourself by separating your business from your personal assets? Or maybe you're a freelancer who wants to grow from a sole proprietorship to an agency, and you'd like to have the legal and brand benefits that come from adding "Inc." to your business' name?

Company Incorporation is a common strategy used in these situations - and many others - as business owners seek to take the next steps in growing their brand and protecting their assets. Setting up your business as a corporation can provide many benefits through creating a legal entity that is separate from its members: in other words, you can't be held legally responsible as an individual for the debts of your business.

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Best Reviews

2020

Company Incorporation Reviews

3 stars
Biz Filings

BIZ FILINGS

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Cost:

From $99 to $379, depending on the desired package and state of incorporation

BizFilings is an accredited business with the BBB and, at the time of our review, maintained a perfect "A+" rating there. But, we weren't able to find many reviews - positive or negative - from actual customers, particularly from the last 12 months. This suggests that BizFilings might not be doing the volume of company incorporations that some of their competitors have.

We like that BizFilings tries to give their prospective clients all of the information they need to decide what approach is right for their incorporation. You'll find the Incorporation Wizard right on their main page, which will walk you through important questions - and helpful explanations - regarding the size and owners of your business, how it'll be funded, what industry it pertains to, income and taxes, and future plans. You'll then get a list of company structures that might be right for you, along with details about each type, from C-Corps to LLPs. You'll find similar tools for gathering information with respect to Business Licenses and searching for your desired business name to see if it's available.

For your company incorporation through BizFilings, you'll have three main packages to choose from: Basic, Standard, and Complete. All of them come with Name Check and Document Filing, along with access to their proprietary BizComply online dashboard. This feature gives you an easy way to keep track of your business' deadlines for compliance and filing dates. There's also a document library you can use if you need more in-depth information on any topics within the company incorporation process.

The fees you pay for each package depends heavily on the state of incorporation. In general, you should expect costs from $99 to $175 for the Basic plan, $200-$300 for the Standard plan, and $250-$379 for the Complete plan. Here's what you can expect with each tier of service:

  • Basic: This package creates your business within your state. You'll get business name verifications, preparation and filing of all documents, and the BizComply access. BizFilings will also provide your Registered Agent Service free for six months: a perk not offered by most other company incorporation services. All other services are available as add-ons, such as Compliance Kit & Seal, EIN Obtainment, and customizable forms like Sample Bylaws. But, once you start adding those on, you'll likely get more for your money by choosing the Standard or Complete plan.
  • Standard: This plan comes with all of the features of Basic, with the additions of the Compliance Kit & Seal, customizable corporate forms, and expedited processing service. We're not sure those three things are worth the additional $90 - the price difference between Basic and Standard in our state of incorporation.
  • Complete: This package goes beyond Basic and Standard by including the Federal Tax ID (EIN) Obtainment and S Corporation Obtainment services, a compliance DVD, certified copy of state-filed documents, and the state tax ID form (where applicable), along with overnight shipping. In our state, the price difference between Basic and Complete was $100, and between Standard and Complete was only $20.

BizFilings then gives you a lengthy list of "extras" that you can select from their partner businesses, such as getting an 800 number for your company or a $50 credit towards posting a job on a listing site. We felt that this made BizFilings look a little less professional, since it seemed more designed to promote the third-party businesses and less to give you what might actually be useful for your newly-incorporated company.

Overall, BizFilings gives you some perks not typically included with other providers, like 6 months of free registered agent services, but their lower-tier packages tend to offer less than their competitors' while charging slightly more. You'll want to do your homework and make sure that the package you get through BizFilings is the best fit for your needs and your budget before choosing them for your company incorporation.

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3 stars
Incorporate

INCORPORATE

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Cost:

From $99 to $349, depending on the selected package

Although they've existed under several names in their company history which spans more than a century, Incorporate has helped more than 750,000 corporations and LLCs to file all of the necessary paperwork to successfully form their businesses and stay in compliance with all legal requirements. You may be familiar with their previous names of The Company Corporation and Corporation Service Company (CSC).

Although they don't feature it very prominently on their site, Incorporate does offer a Startup/Business Formation Wizard that may help you determine what corporation structure is best for your current business needs. We found that tool at the bottom of the main page and in their Learning Center, and the questions were very easy to answer. Otherwise, you can get help by contacting their customer service department, either via toll-free number or live chat, from 8A-8P ET every weekday.

Incorporate tends to be priced higher than many of the company incorporation services in our review. Here's what you'll get from their three packages:

  • The Starter: for $99, you'll get completion and filing of formation documents, $75,000 Corporate Compliance Guarantee and online access to company documents. If you opt in to their Registered Agent Service for $235/year, you'll also get their access to their CSCNavigator online tool.
  • The Essentials: priced at $249, this package includes everything from the Starter. You'll also get a Compliance Kit and company seal (with free shipping), a Federal Employer Identification Number (EIN), and Annual Report Preparation/Filing. You'll also need to choose Incorporate as your registered agent to get that last service.
  • The Works: you'll pay $349 to get all the features of The Starter and The Essentials, plus a Business License Compliance Package, Bylaws, and the Corporate Records Handbook.

Just looking at their Registered Agent Service alone, you'll see where Incorporate starts to fall short when compared with their competitors: many offer this free for the first year of incorporation, and even those that charge for it typically have fees of less than $100 per year. Given that you're expected to pay those agent fees from year to year, that cost difference could really add up over time - especially if you're like some of the business owners we've found (across company incorporation services, not just Incorporate) who forget that they are expected to pay this fee and then write nasty complaints blaming the provider for charging them.

Their package prices described above are also higher and less robust than what we found with other company incorporation services.

We like the idea of working with a provider that has not just decades but centuries of experience with helping businesses of all types to easily and legally incorporate. And, as you'd expect with longstanding company, their reputation with the BBB is solid: an A+ rating at the time of our review. But, "established" isn't always the best choice when there are other companies providing the same level of quality service for more affordable prices. We give Incorporate a 3-star rating and hope to see them become more competitive in the packages and prices they offer.

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Continued from above

There are several different types of corporate entities that business owners use for these purposes - Limited Liability Companies (LLCs), S-Corporations, C-Corporations, Non-Profit Corporations, and so on. The best way to choose the right corporation type for your business and also get it put into place in the most affordable way possible is to work with a Company Incorporation service. These providers offer the same guidance, document preparation assistance, and filing help as you would receive by meeting with a local attorney, but for fees that can often be thousands of dollars less.

As you consider the various Company Incorporation services currently available, you will want to keep several criteria in mind:

  • Services. What is included in the fees you'll pay? Most providers have several levels of incorporation packages, from basic to full-featured. Can you get all of the add-ons you might need, like filing your Articles of Incorporation with your state?
  • Cost. What will you pay for your company incorporation process? Is it a flat-fee, or are there a lot of extra charges? Bear in mind that every state has filing fees that are independent of the incorporation service.
  • Reputation. How many companies has the service incorporated? What do those clients have to say about the ease or difficulty of working with the provider to get everything prepared and filed? Does the incorporation service have a history of satisfied customers?

TopConsumerReviews.com has reviewed and ranked the best Company Incorporation services currently available. We hope this information helps you incorporate your business right away!

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