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      November 24, 2020

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Corporate Creations vs Nolo

Best LLC Formation Services

To help you find the Best LLC Formation Services, TopConsumerReviews.com provides you with an in-depth comparison of Corporate Creations and Nolo.

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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2020

LLC Formation Reviews

2.5 stars
Corporate Creations

CORPORATE CREATIONS

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Cost:

Price varies depending on your state and services selected

Corporate Creations has been a part of the LLC Formation industry for more than 20 years. You can be confident that they have a trustworthy reputation, as evidenced by their A+ rated entity with the Better Business Bureau.

Click through the options

While some companies offer an easy-to-use website that shows prospective clients their options in a clear way - through a chart or a list of different packages, for example Corporate Creations does not. 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. The LLC option is listed in the dropdown for Entity Type.

Challenging to compare

This makes it challenging to compare "apples to apples" with other LLC Formation providers. Further complicating things is the fact that Corporate Creations automatically includes 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 it's frustrating not being able to quickly see what their own services cost.

Best LLC Formation Company

Price match guarantee

One feature we really liked, however, is their 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.

Annual recurring fee

One thing to be aware of Corporate Creations provides 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, you should try to obtain a price match for this annual, recurring fee.

Little guidance

Compared with other online incorporation services, Corporate Creations offers very little guidance regarding the LLC process. On the Incorporation page, for example, there are no convenient "Which one is right for my company?" tools. Neither is there very much information to help a small business owner understand what they need and why they need it. The Resources tab lists just a few articles about owning a business, not just LLC's.

Comes up lacking

The few customer reviews we found were very positive, and the company as a whole has an excellent approach to servicing their clients. When it comes to keeping up with the competition in the online world of LLC Formation, however, Corporate Creations comes up lacking. We hope to see more improvements from them in the future, because they can help you create an LLC smoothly and affordably - just not in a customer-friendly environment.

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2.5 stars
Nolo

NOLO

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Cost:

$99 for Basic Service

$299 for Express Premiere Service

Nolo used to be an LLC formation service limited to books and forms. You might say that "Nolo" now stands for "No Longer" limited, as they've vastly expanded their options

2 LLC creation packages

Nolo offers 2 packages to create your LLC:

  • Basic: for $99, you'll get standard filing and a Customized LLC Operating Agreement based on your situation
  • Express Premiere: for $299, you'll get a filled-out IRS Form SS-4 (Application for EIN), a Personalized LLC Records Kit and Seal with 20 certificates, a Customized LLC Operating Agreement, as well as priority filing and shipping (submitted to the Department of State within 1 business day; your LLC package will arrive within 6-7 business days after that)

All packages include company name verification, articles of organization, automated error checking, and unlimited customer service support.

3 step process

Nolo creates your LLC in three steps. First, you fill out a basic questionnaire that asks you to select which service you want, basic details about your business like desired LLC name and member names, and so forth. Then, they generate your LLC documents and make sure they are filed correctly with the Secretary of State. Finally, your completed LLC package arrives in the mail.

Mixed customer reviews

Reviews of Nolo are mixed. We found several positive remarks from small business owners who complimented the service for getting everything right during the process of creating their LLC's. We also found several complaints, but they seemed to be more focused on Nolo's offerings in other categories, not related to filing business documentation. An "A+" rating with the BBB shows that, despite any negative reviews, Nolo does an appropriate job of delivering what they promise and responding to any issues that arise.

Continue to improve

Ultimately, Nolo has made strides by offering a much more useful LLC formation service than before - including the actual filling out and submitting of paperwork, not just giving customers blank forms to complete and books to walk them through the process. On the other hand, their basic package is more than double the cost you can find through our higher rated providers, bringing Nolo down in the rankings. We hope that as Nolo continues to improve their LLC options, they'll be able to better compete through lower pricing and more robust package choices.

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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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