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      April 4, 2020

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My Company Works vs Harbor Compliance

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 Harbor Compliance.

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 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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3 stars
Harbor Compliance

HARBOR COMPLIANCE

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Cost:

$499 for the Incorporation Package

$899 for Incorporation + Compliance Package

When it comes to incorporating a company, there's a lot more to it than just filing paperwork: making sure to do that legally, while continuing to fulfill all of the requirements to stay legal, can be a part of the process that gets the best of a well-meaning business owner. Harbor Compliance aims to change that. Beginning in 2012, they've helped more than 10,000 customers to create and maintain their business incorporation and licensing across a wide variety of industries.

The first thing you may notice is their pricing: Harbor Compliance is the most expensive company incorporation service on the market, with their two packages priced at $499 and $899. And no, those costs do not include any mandatory state filing fees. Unfortunately, these high prices may put their services out of reach for business owners who are looking for help with incorporation that is more affordable than working with an attorney.

So, for what type of business owner would Harbor Compliance be ideal? We suggest that if you have more to spend, and if you want a concierge-type experience with not only your company's incorporation but also its maintenance after that process is complete, you may find Harbor Compliance to be your best fit.

Here's what you'll get with incorporation services through Harbor. Both their Incorporation Package and their Compliance Package include the following:

  • Name Availability Check
  • Articles of Incorporation
  • Bylaws
  • Federal EIN
  • Registered Agent Service (subsequent years billed at $99)
  • Compliance Specialist: this is probably the most well-loved feature, according to Harbor Compliance's previous and current clients. Within one business day of starting the process, you'll be introduced to your personal representative who will prepare each of your filings and work with you one-on-one to incorporate your company. This person will be your dedicated rep throughout the entire process; your calls or emails will never go to a third-party call center or a bank of customer service agents.

If you prefer the full Compliance Package, that also includes these features:

  • Corporate Kit: blue binder with embossed company name and tab dividers for company records, corporate seal, 20 stock certificates/share roll/transfer ledger/ software for producing corporate documents like meeting minutes and corporate resolutions
  • S-Corp Tax Election
  • Initial Report
  • Publishing
  • Managed Annual Report Service
  • Ongoing Support

Is it worth the investment? Only you can determine the answer to that question for your business, but you can rest assured that if you do choose Harbor Compliance, they have an excellent reputation for meticulous attention to detail and warm, knowledgeable customer service. You'll find evidence of this not only through their A+ rating with the Better Business Bureau, but also in their client testimonials that express gratitude for the step-by-step guidance received through Harbor's dedicated service representatives.

Harbor Compliance does what it promises and does it extremely well. But, for our purposes, we give them a middle-of-the-pack rating because their fees and limited two-package options won't give many small business owners the company incorporation services they can afford.

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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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