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      January 28, 2020

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Biz Filings vs Incorporate

Best LLC Formation Services

To help you find the Best LLC Formation Services, TopConsumerReviews.com provides you with an in-depth comparison of Biz Filings and Incorporate.

To see ALL of our reviews for the Best LLC Formation Services, please Click Here

Who is the best LLC Creation Company? If you're self-employed, the next step in growing your business while covering your assets is probably forming an LLC. Creating an LLC is often seen as a good move for people who want to limit their liability without the cumbersome paperwork and regulations of a corporation.

No matter where your business is located, you'll typically need to register your company name and file documentation with the state, along with having accurate, complete Articles of Organization. Other requirements depend on the specific legal statutes governing businesses in your state. An online LLC Creation company can greatly help faciliate this process.

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Best Reviews

2020

LLC Formation Reviews

3 stars
Biz Filings

BIZ FILINGS

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Cost:

From $99 to $424, based on the selected package and state of LLC formation

Biz Filings was created by a team of entrepreneurs who wanted to make it easy and affordable for small business owners to fully establish their companies through LLC formation and/or incorporation. So far, they're doing a good job of it - as evidenced by an "A+" rating and accreditation with the Better Business Bureau. On the other hand, Biz Filings doesn't seem to be completing the same volume of LLC formations as some of their competitors; there were very few reviews - positive or negative - from clients, especially over the last year.

However, we think that prospective clients will appreciate Biz Filings' efforts to give them everything they need to know, to make decisions about how to form their business. Using their Incorporation Wizard on the main page, you'll be asked several questions that can help you determine if forming an LLC is the right step for your business. You'll also have access to other tools, like determining if the name you want for your LLC is available.

When creating an LLC through Biz Filings, customers have three packages to consider. All of their packages include Business Name Verification, preparation and filing of all documents, and 6 months of Registered Agent Service. That last benefit alone could easily be worth $600 or more, when looking at what other LLC formation services charge. You also have access to the BizComply online dashboard, which helps you track any required deadlines for document filing and compliance, plus a document library with resources for more in-depth topics regarding LLC creation.

Unlike some services, Biz Filings' fees are very dependent on the state in which you form your LLC. You can expect costs ranging from $99 to $174 for their Basic plan, $200 to $300 for the Standard package, and $250 to $425 for the Complete package. Here's what you get with each level of service:

  • Basic: This package creates your business within your state. It includes the minimum level of services as described above (such as 6 months of Registered Agent Services, Business Name Verification, etc.). You can get additional services a la carte, like Customizable LLC Forms and an LLC Kit & Seal. If you need extra services, however, you'll probably save money by purchasing the Standard or Complete plans which include many of those add-ons.
  • Standard: This service level gives you all of the features of the Basic plan and adds on expedited processing, the LLC Kit & Seal, and customizable LLC Forms. Those added benefits may not be worth the extra cost; in most states, you'll spend $80 to $90 more for the Standard plan, compared with the Basic package.
  • Complete: The top-tier package includes all of the services of Basic and Standard and adds a compliance DVD, obtainment of your Federal Tax ID (EIN), a certified copy of state-filed documents and state ID tax form (if applicable in your state), as well as overnight shipping. This is usually the best deal, with a $20 difference between Standard and Complete in most states.

After you've selected your package, you'll also have to sort through a long list of extra service options, like website builders and coupons for office phone systems. This makes Biz Filings seem less professional, because it gives the impression that they are focused on promoting their third-party partners and not necessarily on what you need when forming your LLC.

In general, you'll get some perks from Biz Filings that you won't find when forming an LLC with other providers, like the complimentary 6 months of Registered Agent Service. But, their two lowest-priced packages give you less for your money when compared with some of the higher-ranked services we reviewed. We encourage you to do the research to determine if Biz Filings works for your particular needs, especially with respect to your state of LLC formation.

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3 stars
Incorporate

INCORPORATE

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Cost:

From $99 to $349, depending on the selected package

Incorporate - formerly known as The Company Corporation and Corporation Service Company (CSC) - has worked to form more than 750,000 LLC's and corporations over the last 100+ years. They have a well-established history of helping businesses complete all of the required paperwork to take the next step in their growth, while staying fully compliant with all legal statutes and regulations.

You might have to look around for one of Incorporate's most useful tools: the Startup/Business Formation Wizard. It's at the bottom of their main page, as well as in their Learning Center; it can help you figure out if an LLC is the right fit for your business through a series of easy-to-answer questions. If you need more personalized guidance, their customer service department is available through online chat or at Incorporate's toll-free number, 8A-8P ET Monday-Friday.

While you'll probably like what Incorporate has to offer, you'll pay more for it. Compared with most of the LLC formation services we surveyed, their prices are usually higher. Take a look at the three packages Incorporate offers for creating an LLC:

  • The Starter: for $99, you'll get completion and filing of formation documents, $75,000 Corporate Compliance Guarantee and online access to company documents. If you choose Incorporate as your registered agent, it covers your first annual report filing, and you'll also get their access to their CSCNavigator online tool. After the first year, you'll pay $150 for each annual filing.
  • The Essentials: for $249, this package gives you every benefit of the Starter package. Plus, you'll get a Compliance Kit and company seal (shipping is free), and a Federal Employer Identification Number (EIN). Once again, if you want access to the online navigator tool and annual report preparation/filing, that requires you to select Incorporate as your registered agent.
  • The Works: priced at $349, this top-tier package gives you all of the features of The Starter and The Essentials. Added to this service level are a Business License Compliance Package, and the LLC Operating Agreement.

You may already have noticed that Incorporate will cost more money while giving you fewer services, compared with other LLC formation providers. For example, you won't get an LLC Operating Agreement included unless you spend $349 for the most expensive package, but many of their competitors include that with the most basic service plans. Also, in choosing Incorporate as your registered agent, you're looking at spending $150 per year after the first filing - but many LLC formation services charge $100 or less per year for the same service. Those costs add up, as evidenced by the complaints we find from many small business owners who've used LLC formation services (not just through Incorporate, but across the spectrum) and forget that they'll be charged for this on an annual basis.

Working with a service that has more than a century of experience has its benefits: an A+ rating with the Better Business Bureau and a long history of helping companies from all industries to create their LLC's quickly, easily, and legally. However, given that small businesses have to make careful decisions with their money, choosing Incorporate for their reputation alone might not be the best option. There are quite a few LLC formation providers offering the same services for lower fees, and who also have a good reputation with their clients. For this reason, Incorporate comes in at an average of 3 stars; in the future, we hope to see more competitive rates and packages that can better meet the budgets of small business owners.

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Continued from above

In the past, navigating those state-specific obligations to form an LLC was both expensive and time-consuming: finding a local lawyer with expertise in the field and paying hefty fees to get everything done correctly. Fortunately, today's small business owners have access to much more affordable options online. These services offer all of the same benefits, accuracy, and legal standing that you'd expect from working in person with an attorney. You can get as much or as little direction as you need to complete each step required for LLC formation, depending on which service you choose.

Which provider should you choose to help in forming your LLC? Not all services are the same, so when comparing what each one has to offer, keep in mind these important factors:

  • Reputation. How many small businesses have been served by the provider? What do former clients say about their experience in forming an LLC with them? Is the company rated and/or accredited by the Better Business Bureau?
  • Cost. What will you be charged to form your LLC? Are their different packages available? Are there a lot of add-on services that will increase your cost? Do you get a good value for what you pay?
  • Services. Does the company offer a wide range of services, or do they take a one-size-fits-all approach? Will the service give you one-on-one help if you need it? How much are you expected to do on your own?

TopConsumerReviews.com has reviewed and ranked the best LLC Formation Companies available today. We hope this information helps you create your LLC quickly and affordably!

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