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      June 6, 2020

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Inc Authority vs My Company Works

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 My Company Works.

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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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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4 stars
My Company Works

MY COMPANY WORKS

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Cost:

From $79 to $279, depending on the package selected

Formerly known as MyNewCompany, Nevada-based MyCompanyWorks has helped over 50,000 companies with incorporation since their start in 2001. Although they don't work with the same volume of clients as some of the bigger names in the industry, this provider has established itself as a trustworthy, skilled service for those who need help in creating their businesses.

In fact, MyCompanyWorks is so confident that they can meet your needs, they offer a 100% satisfaction guarantee. If you are unsatisfied with their business filing services within the first 90 days, they will either work to fix the problem or give you a full refund: the choice is yours. Chances are good, however, that you won't need to take them up on it. MyCompanyWorks has thousands of positive reviews, including hundreds of glowing compliments from very satisfied clients.

One unique resource offered by this provider is the Startup Wizard. Once you've formed your corporation, this step-by-step online tool will cover all of the procedures you need to follow to properly organize your business (such as getting a business license or resale permit). You'll get a weekly automatic email reminder of your remaining steps, or you can download them as a PDF. And, the Wizard tracks your progress as you complete your assignments, ensuring that you don't make any costly problems as you set up your new company. Very few company incorporation services go to those lengths to help you keep your legal obligations unless you pay for hands-on help, so this is a nice perk.

While they don't have a similar tool to walk you through the initial stages of incorporation like which type of business entity should you choose - they do have many helpful articles that will explain your options and help you decide. You'll find these resources and more at the bottom of the page, under the headings of Start a Company and Manage a Company.

MyCompanyWorks offers three packages for company incorporation:

  • Basic: starting at $79, this package includes unlimited name availability searches, preparation and filing of Articles of Incorporation, personalized organizational minutes and corporate bylaws, same-day business processing, unlimited phone/email support, free company alerts, access to scanned documents online, and lifetime access to your online account. You can add a la carte services like obtaining a federal tax ID, registered agent service ($99/year), or rush filing service.
  • Entrepreneur: priced at $199, this tier of service includes the features of Basic, along with obtaining a federal tax ID, a corporate kit/seal/stock certificates, and lifetime business forms/tax guide. You'll have to decide if those extra features are worth the additional $120.
  • Complete: a fee of $279 gets you all of the included benefits of the Basic and Entrepreneur packages, while adding a year of registered agent service (a savings of $19 over the regular yearly $99 fee when purchased separately).

We were very pleased to see that MyCompanyWorks has a good reputation. First, their A+ rating with the BBB, while not unusual among the companies in our review, is always a positive sign. Better yet, their actual customer reviews are almost universally perfect scores. One of the most-referenced reasons for client compliments of this business is their lightning-fast customer support team: most inquiries via email or voicemail get a response within 20 minutes during regular business hours (7:30A-4:30P PST, Monday through Friday).

Because of their great customer feedback, attention to quality customer service, and helpful tools for customers after incorporation, MyCompanyWorks gets our recommendation as a solid choice for company formation services.

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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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