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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:
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.
FindLegalForms was founded in 2001 by two lawyers from California who saw a need for affordable access to the most commonly-used legal forms. Their service gives customers the ability to prepare a will, give an eviction notice to a tenant, incorporate a business, along with many other business and personal situations. All forms are immediately available by download and have been kept up-to-date by attorneys familiar with each state's applicable laws.
The forms provided by FindLegalForms are guaranteed to be valid in your state, and FindLegalForms offers a 60-day money-back guarantee. Also, FindLegalForms is an accredited company through the Better Business Bureau, with an impressive A+ rating and an even more noteworthy status of having no registered complaints.
In the Corporate Startup Forms Combo Package, you'll get 89 pages of editable documents (.doc, .wpd, and .rtf), including the following:
We have no reservations about what FindLegalForms offers: with more than 1,300,000 customers across all of their available forms and such a solid reputation, this provider clearly delivers what it promises.
However, when it comes to incorporating a business, we think that most people will need much more guidance during the process - the kind of guidance that is offered by the higher-ranked services we reviewed. There are many possible pitfalls, filing deadlines, and other parts of incorporation that can lead to questions or even confusion, and that just won't be taken care of by an 89-page download.
FindLegalForms is a great fit for less complicated legal needs, but we recommend that you choose a service that gives you different levels of assistance so that you can have as much - or as little - hand-holding as you want as you handle your company incorporation.
Best Company Incorporation
To help you find the Best Company Incorporation, TopConsumerReviews.com provides you with an in-depth comparison of Biz Filings and Find Legal Forms.
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.
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:
TopConsumerReviews.com has reviewed and ranked the best Company Incorporation services currently available. We hope this information helps you incorporate your business right away!
Why Should You Incorporate Your Business?
Perhaps you've been in business for a while and feel you want to formalize your status, legally and otherwise. Perhaps your business has been local to date, but you are looking toward operating in more than one state. Maybe you are competing with larger companies in the same niche and feel a change in legal status will bump up your credibility. Or maybe you just like the sound of the syllable "Inc." after your business name.
There are myriad answers to the question, "Why should you incorporate your business." Following are just a few:
Protect Your Assets
If you've owned a sole proprietorship, you know all too well that not only does the buck stop with you relative to operations, you're also on the hot seat when it comes to financial and legal complications that may arise. If a sole proprietorship stumbles under the weight of excessive debt or is taken to court, it's the proprietor's personal as well as business assets that are at risk. A corporation is a legal entity all its own. If your company faces legal issues or cannot meets its obligations, your personal assets do not come into play.
Gain Tax Advantages
When you incorporate your business, the IRS allows you to get a tax ID number for your business, establishing its status as a separate entity relative to tax liability. In fact, a corporation files its own tax return -- paying taxes on its profits -- at a complete remove from your individual return.
Separate tax identity alone can be enough justification for some to incorporate their businesses. Keep in mind, though, that when you incorporate, you and any other owners also become shareholders. If your company distributes dividends, you must pay taxes on that dividend income when you file your personal return.
When you incorporate, you must make your business known to state, and sometimes local, authorities. Regulation specifics vary by state, but nearly universally, you must file articles of incorporation with your state's Secretary of State's office. In addition, you will have to create and record by-laws. Moreover, you'll have to set up a calendar of regular shareholder meetings; the minutes from those meetings must be recorded and kept on file at your company. The shareholders are required to elect a board of directors who must also meet regularly to make important decisions about the firm. Not surprisingly, establishing a corporate structure typically requires engaging the services of a lawyer or law firm.
Make a Name (or Two) for Yourself: State and Local Recognition
One key step toward incorporation is filing a business name with state and/or local authorities. If you want to do business under more than one name, you'll also need to file one or more fictitious business name statements. For example, if your company is called Snow Corporation, and you want to sell skis under the name "Speed Plus Company," you have to submit the appropriate paperwork to the relevant authorities.
Finally, incorporating your business makes it possible to raise capital by selling shares to stockholders. Relying solely on bank or personal loans or company profits for financing will be a thing of the past.
The decision to incorporate should be a deliberate one. The administrative costs alone should be enough to deter you from entering into this new status lightly. Should you decide to take the plunge, incorporating could be a crucial step in your company's journey.
Company Incorporation In The News
VANCOUVER, Sept. 18, 2018 /CNW/ - Friday Night Inc. (the "Company" or "Friday Night") (CSE: TGIF) (OTCQB: TGIFF) is pleased to announce that it has determined to change its name to '1933 ...
Published: Tue, 18 Sep 2018 16:48:00 GMT
and the company is also testing VK2809 in a condition called glycogen storage disease. There has also been plenty of speculation about big drugmakers acquiring or partnering in this area. Viking rival ...
Published: Tue, 18 Sep 2018 13:55:00 GMT
BEIJING, Sept. 18, 2018 /PRNewswire/ -- China Internet Nationwide Financial Services Inc. (NASDAQ: CIFS) ("CIFS" or the "Company"), a financial advisory services and FinTech company, today announced t...
Published: Tue, 18 Sep 2018 13:57:00 GMT
Fortinet Inc (NASDAQ: FTNT) shares have doubled year ... The durability of Fortinet's business is now better understood by the market, Boolani said. Fortinet's multiple of 7 times 2019 EV/S ...
Published: Tue, 18 Sep 2018 15:08:00 GMT
BEIJING, Sep. 18, 2018 /PRNewswire/ -- Jianpu Technology Inc. ("Jianpu," or the "Company") (NYSE :JT ), a leading independent open platform for discovery and recommendation of financial products in Ch...
Published: Tue, 18 Sep 2018 14:01:00 GMT
OMAHA (DTN) -- Omaha-based Green Plains Inc. announced plans earlier this year to sell four to six ethanol plants as part of a plan to make the business more profitable. In response to a report by Reu...
Published: Tue, 18 Sep 2018 16:40:00 GMT
--(BUSINESS WIRE)--Law Offices of Howard G. Smith reminds investors of the September 25, 2018 deadline to file a lead plaintiff motion in the class action filed on behalf of investors that purchased T...
Published: Tue, 18 Sep 2018 16:34:00 GMT
Kirkland Lake Gold Ltd. ("Kirkland Lake Gold" or the "Company" ) (TSX:KL) (NYSE:KL) today announced that it has acquired 14,705,882 common shares ("Shares" ) of Osisko Mining Inc. (TSX ...
Published: Tue, 18 Sep 2018 15:38:00 GMT
It's comforting that a quick analysis of Apple's iPhone business suggests another quarter of revenue growth for this important segment is likely. But the more important narrative for investors is the ...
Published: Mon, 17 Sep 2018 12:46:00 GMT
GSE Systems, Inc. ("GSE" or "the Company" ) GVP, +2.74%, a leading provider of professional and technical engineering, staffing services, and simulation software to clients in the power and process ind...
Published: Tue, 18 Sep 2018 13:45:00 GMT
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