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      February 26, 2020

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My Corporation vs Corporate Creations

Best Company Incorporation Services

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

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

3.5 stars
My Corporation

MY CORPORATION

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Cost:

From $89 to $299, depending on the level of service selected

MyCorporation loves to help small businesses get started; what else would you expect from a service whose tagline is "Entrepreneurs welcome"? Based in California, this company incorporation service has been around for more than 20 years.

Although they are not accredited by the BBB, MyCorporation did have an A+ rating there at the time of our review. In the customer comments we found on other third-party sites, most clients report receiving excellent customer service, both during the initial order placement steps as well as throughout the process of incorporation and needed support afterwards. We didn't find nearly as many customer reviews as we would expect from a company that has helped "over one million businesses form and grow" since 1995.

One of the first things that we liked about working with MyCorporation was the free consultation. If you need help identifying your goals and want some guidance with the appropriate next steps to move your business forward, you'll definitely want to take advantage of this complimentary service; click on the "Free Startup Consultation" button and enter your information, and you'll be connected with a representative.

On the other hand, if you'd rather take a DIY approach before connecting with MyCorporation, scroll down and take a look at the Free Entity Wizard or Comparison Chart. These will help you figure out what type of corporation best fits your business needs.

MyCorporation's packages start at $89 with the Basic level of service. For this low fee, you'll get your Articles of Incorporation, Business Documents, and Business Name Check. All packages also include free online accounting, free domain name, and a custom business logo.

The Standard package costs $99 and adds your Annual Report.

At a price of $199, the Deluxe plan also includes a year of Registered Agent Service.

Finally, the highest service level is MyCorporation's Premium package. This includes their MaintainMyBiz service, which includes any four business filings per year and is considered a corporate maintenance package, not just what's required to get your company incorporated.

Beyond those features listed, everything else that MyCorporation offers can be added a la carte. Some of these additional services include Rush Filing, Customized Corporate Minutes and Bylaws, and MyCorp Vault Document Storage. Although we like the idea that business owners only have to pay for the services they really need - does anyone actually use a seal and embosser set? - it seemed that MyCorporation charges extra for services that many of their competitors include with their packages, particularly on the higher end of the price spectrum.

But, overall, MyCorporation offers a good spectrum of services and has a very positive reputation, and we feel confident recommending them particularly to small business owners who like knowing that they'll only pay for the company incorporation services they genuinely need.

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2.5 stars
Corporate Creations

CORPORATE CREATIONS

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Cost:

Price varies greatly depending on your state and services selected

Corporate Creations is based in Florida and has been a part of the company incorporation industry for more than 20 years. As an A+ rated entity with the Better Business Bureau, you can be assured that they have a trustworthy reputation.

Corporate Creations does not offer an easy-to-use website that shows prospective clients their options in a clear way - through a chart, a list of different packages, and so on. Instead, when someone clicks on the Incorporation tab at the top of the page, they're taken to a series of dropdown boxes and options to click through, to determine what features will be needed. This made it challenging to compare "apples to apples" with other company incorporation providers, especially because Corporate Creations automatically include any required state fees in their pricing. State fees can vary widely, from under $300 in many states to more than $600 in places like Nevada - so not being able to quickly see what their own services cost was frustrating.

But, they also offer a Price Match Guarantee: if you see a lower price for the same service with another provider, they'll match it. Or, if you've already ordered services through Corporate Creations and then find a lower price within 30 days, they'll refund 100% of the difference. This is one of the only services in our review to offer that kind of guarantee.

We're not completely sure which services this applies to, so it might be worth it to ask. For example, they provide registered agent service free in the first year, but every year thereafter you'll pay a fee of $299. Given that many of the top-rated incorporation services we reviewed only charge $99-$129 per year, that would be a price match worth requesting.

Compared with other online incorporation services, Corporate Creations offers very little guidance regarding the process: on the Incorporation page, there are no convenient "Which one is right for my company?" tools or much information to help a small business owner to understand what they need. We did take a look through the Resources tab, but even there we found just a handful of articles regarding many aspects of owning a business, not just incorporation. (There was also a link there to someone's eulogy from 2005, which struck us as odd.)

We really liked the few customer reviews we were able to find, and the company as a whole seems to have an excellent approach to serving their clients. But, when it comes to keeping up with the competition in the online world of company incorporation, Corporate Creations isn't quite there. We hope to see more developments from them in the future, because it looks like they do help many people to incorporate their companies smoothly and affordably - just not through an intuitive online experience.

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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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