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Rocket Lawyer wants to make legal services simple, affordable, and available to the average person. So far, more than 20 million people have taken advantage of accessing a wide variety of legal documents and advice through this provider, on topics related to Property & Finance, Business Agreements, and much more.
Although you can pay for your business documents a la carte, the most economical way to use Rocket Lawyer's company incorporation services is by becoming a subscribing member. A full subscription costs $49.95/month and comes with a free 7-day trial. We hope you were paying attention just now - did you catch that you can get their $99.95 incorporation processing service for absolutely nothing if you do it in less than a week?
Of course, Rocket Lawyer is hoping that you'll decide the value of their other services convinces you to pay the subscription, but the choice is yours. Given that you're running a business, you may appreciate having access to departments like Contracts & Service Agreements, or even Estate Planning; use the service for as many months as you need to get your documents in order, then decide if you still need the monthly subscription. Your membership also includes the ability to ask a lawyer your legal questions, along with a 30-minute phone consultation on every new legal matter you may have.
You'll also need to compare with other company incorporation services, to make sure that what you'd be paying is genuinely your best deal. Bear in mind that you'll probably wind up needing Registered Agent services; most companies charge anywhere from $99 to $299 per year for that service, but it's included as part of a subscriber package. In other words, you could get 2-6 months of membership at Rocket Lawyer for the same amount you'd pay another provider just for the Registered Agent fees.
Rocket Lawyer makes their customer service team readily available: via online chat or toll-free number, Monday through Friday from 6A-6P PT. That means that, for most people, they'll have time to call before or after their workday, instead of trying to find a time to fit it in during lunch or on a break.
Another great perk of Rocket Lawyer's service is that they offer a 100% Satisfaction Guarantee: get a full refund if, for any reason, you're not satisfied with your incorporation.
While we did find some negative customer reviews, almost every single one of them came from someone who didn't realize they needed to cancel their 7-day free trial and wound up getting billed for the first month of service. Other than those individuals, the great majority of Rocket Lawyer customers love the ability to access a broad range of legal documents and get advice from a lawyer, all for one very low monthly fee.
With a unique alternative pricing structure for legal help, a good track record for customer service, and a no-risk free trial, Rocket Lawyer is definitely a service to consider - not just for your company incorporation, but also for any other legal documents and attorney advice you may need.
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.
Best Company Incorporation
To help you find the Best Company Incorporation, TopConsumerReviews.com provides you with an in-depth comparison of Rocket Lawyer and Corporate Creations.
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
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Published: Tue, 20 Nov 2018 14:10:00 GMT
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Published: Tue, 20 Nov 2018 15:15:00 GMT
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Published: Tue, 20 Nov 2018 14:34:00 GMT
SAN FRANCISCO--(BUSINESS WIRE)--Nov 20, 2018--Gap Inc. (NYSE: GPS) today reported third quarter fiscal year 2018 diluted earnings per share of $0.69 compared with third quarter fiscal year 2017 dilute...
Published: Tue, 20 Nov 2018 13:57:00 GMT
NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Honeywell International Inc. (NYSE:HON) from February 9, 2018 through October 19, ...
Published: Tue, 20 Nov 2018 13:59:00 GMT
These statements may address the financial conditions, business initiatives, growth plans, investments and expected performance of the Company and are subject to risks and uncertainties that could cau...
Published: Tue, 20 Nov 2018 15:00:36 GMT
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