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      September 26, 2018

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Harbor Compliance 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 Harbor Compliance and Nolo.

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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

2018

LLC Formation Reviews

3.5 stars
Harbor Compliance

HARBOR COMPLIANCE Visit Site

Cost:

$399 for Formation Package

$799 for Formation + Compliance Package

Forming an LLC can be simple, but making sure that everything is done accurately and legally is essential to protecting your business. Harbor Compliance takes that process seriously, having helped over 10,000 businesses since 2012 to create their LLC's and corporations and to stay in compliance in the years that follow.

You will probably notice right away that Harbor Compliance costs much more than other LLC formation services on the market, with packages priced at $399 and $799 - not including any required state filing fees. Those prices might be too high for the average small business owner, especially if they're looking for LLC creation services that are more economical than hiring a local attorney.

But, if you want the kind of one-on-one service that Harbor Compliance offers, both during the LLC formation process and afterwards, and you've got the resources to pay for it, they may be an excellent fit. Take a look at what you'll get for your investment and decide for yourself.

Whether you choose the Formation package or the Formation + Compliance package, you can expect these services:

  • Name Availability Check
  • Articles of Incorporation
  • Operating Agreement Template
  • Federal EIN
  • Registered Agent Service (subsequent years billed at $99)
  • Compliance Specialist: this is the biggest advantage to working with Harbor Compliance, according to their past and present customers. Within one business day of beginning your LLC formation, you'll be connected with a personal representative who will be your only point of contact - no need to speak with a different person each time you call or email. The compliance specialist will personally prepare your filings and work with you directly throughout the entire process and after your LLC is created.

Choosing the Formation + Compliance package gives you these additional services:

  • Company Kit: 20 stock certificates/share roll/transfer ledger, corporate seal, blue binder with embossed company name and tab dividers for company records, and software for producing corporate documents like meeting minutes and corporate resolutions
  • S-Corp or C-Corp Tax Election, if needed
  • Initial Report
  • Publishing
  • Managed Annual Report Service
  • Ongoing Support

Are these services worth the fees? That depends on you and your business needs. But, you can trust that Harbor Compliance has a proven track record for accuracy in document preparation and for having pleasant, knowledgeable compliance specialists. This is demonstrated by their A+ rating at the BBB and numerous compliments from clients that say how much they appreciated the one-on-one guidance they received from their dedicated Harbor Compliance representatives.

In other words, Harbor Compliance delivers everything they promise, much to the satisfaction of their customers. But, given that their high fees and relatively limited package options may not fit a large percentage of small business owners, we give their LLC formation services a 3-star rating.

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2.5 stars
Nolo

NOLO Visit Site

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 to include two packages:

  • 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.

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.

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.

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 first-place provider, 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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