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      June 6, 2020

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My Company Works vs FileNow

Best Company Incorporation Services

To help you find the Best Company Incorporation, TopConsumerReviews.com provides you with an in-depth comparison of My Company Works and FileNow.

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 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 ľ 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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4 stars
FileNow

FILENOW

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Cost:

From $49 to $149 plus applicable state fees

Filenow is one of the newest online resources for company formation services, whether that's via incorporation or an LLC. Backed by a knowledgeable team of business professionals, lawyers, tax experts and entrepreneurs, this provider wants to make your company incorporation as simple and seamless as possible - with minimal stress and expense.

You'll find two packages to choose from when it comes to company incorporation through Filenow:

  • Starter ($49 plus state fees): this entry-level package gives you 24-hour order processing, 1 year of registered agent services (a $119 value in itself), free EIN/Tax ID, articles of incorporation, FedEx shipping, plus phone and email support
  • Premium ($149 plus state fees): the top-tier package includes everything from the Starter plan, as well as a company kit, corporation meeting minutes record, corporation bylaws, and a banking resolution (valued at an extra $189 in total)

Not sure what the fees are in your state? Just select the state where you'll be incorporating before starting the process and you'll see the applicable fees automatically populate on the page. (We like that we didn't have to dig around for that information, or wait until the very end of the process to find out: transparency is always a plus.)

To save a little extra, you should keep an eye out for any discount offers. During our visit to the Filenow site, we got a pop-up promotional discount of 15% if we gave them our name and email address. The code we received was valid for a week into the future; we appreciate that there was no pressure to use it right away, giving us time to thoroughly consider everything Filenow has to offer before choosing to use them for our company incorporation needs.

There aren't too many surprises when going through the steps to incorporate through Filenow. Answer a series of simple questions about yourself and your business, and within a few minutes you'll have everything ready for Filenow to submit on your behalf. One nice feature of this service is that you can save your answers at any time and return to them later - so if you need to gather more information, your progress isn't lost.

Another helpful resource with this service is access to round-the-clock customer service. Phone and email help is available 24/7, and live chat is accessible through the Filenow website during regular business hours.

Filenow also backs all of the documents they prepare with an error-free guarantee. Should any of your company incorporation paperwork be rejected by the state due to a mistake on their part, they will give you a 100% refund of any service fees you paid.

The only reason Filenow doesn't rank even higher in our evaluation is because of how new they are to the industry. Where many of their competitors have thousands of customer reviews, Filenow only had a few dozen at the time of our review. The good news is that, even with such a limited history, this provider has already earned accreditation and an "A" rating from the BBB, as well as glowing praise from clients. Users of Filenow's company formation services say that it was easy to get friendly, knowledgeable help from representatives when needed, and that the whole process was smooth and incredibly fast.

Even though Filenow doesn't have the lengthy track record you'll find with other company incorporation services, they've definitely established themselves as an affordable, easy-to-use option. You won't have to spend too much time or money getting your business incorporated when you use Filenow.

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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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