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      June 6, 2020

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Inc Authority vs Biz Filings

Best Company Incorporation Services

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

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

4.5 stars
Inc Authority

INC AUTHORITY

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Cost:

FREE for all entity setup services

Packages for extra services range from $399 to $799

While in most cases it's true that "you get what you pay for", be prepared to be amazed by everything you'll get for free from Inc Authority when it comes to incorporating your company. Yes, you read that right: free. No, there's no need to sign up for a free trial or temporary subscription (that you might forget to cancel), or pay for anything that your business doesn't absolutely need. With Inc Authority, every step you need for incorporation comes at no cost. v

Does it sound too good to be true? More than 100,000 satisfied clients would reassure you that this service is reliable, accurate, and beyond helpful, and an "A" rating from the Better Business Bureau is just further proof that you can count on Inc Authority to take care of your company incorporation too.

We were very impressed with the long list of features you'll get when you sign up for their basic services:

  • 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

The process was really fast, even more so than many of the other incorporation services we evaluated: from start to finish, it took less than 10 minutes. We appreciated the helpful pop-out clarifications on any questions we weren't initially sure how to answer.

Do you find yourself asking, "What's the catch?" There really isn't one. However, Inc Authority has to make money somehow, in order to offer 100% free company formation services. They do this through bundled extra features, like providing you with an EIN or verifying your business name availability. It's up to you to decide if you need any of those additional services, which can be purchased as a package or a la carte during the process of filling out your initial online form. This is the only area you'll need to pay close attention - because some of Inc Authority's rivals may offer you a better overall package that includes these extras, even if they don't give you any part of the process for free.

Here's what you can expect from Inc Authority's bundled services:

  • 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, record book and company seal, complete operating agreement/bylaws, initial meeting minutes and resolutions, and a year of advisory services
  • 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

Watch out for those a la carte options too. All of them, from getting an EIN to express processing of your documents (each available for $49), will be set to "yes" as the default for the form. If there are any you don't want, you'll need to click on the green slider to set it to "no" instead. You may also get a pop-up discount offer on any of Inc Authority's paid services (not applicable to state fees): we spotted one for 20% off during our most recent visit.

Fortunately, we were able to complete the whole company incorporation process without paying for a single extra feature we didn't want, and just entering our credit card information (though you could also use PayPal) to pay for our state fees. We were glad to see that Inc Authority doesn't stick you with any charges in addition to the mandatory fees charged by the state.

Incorporating your company might seem scary or complicated, maybe even expensive - but with Inc Authority, it doesn't have to be any of those things. This service goes a long way to help you take each necessary step with a minimum amount of hassle - and don't forget, the required parts of the process are completely free! It's true that you might find a better deal out there on the bundled features, depending on what your business needs, but Inc Authority still provides comprehensive service with a phenomenal track record for keeping clients happy. That makes them one of our top picks among providers of company incorporation services.

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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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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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