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      August 3, 2020

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Incfile vs Biz Filings

Best LLC Formation Services

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

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

5 stars
Incfile

INCFILE

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Cost:

From $49 to $299, depending on selected level of service

TopConsumerReviews.com Best-In-Class Blue Ribbon Award Incfile has helped with more than 150,000 company formations since 2004. Their reputation is nearly flawless, with an "A+" rating at the Better Business Bureau and thousands of independently-verified 5-star reviews. Their LLC formation services are the lowest priced in the industry, but you won't find any compromises when it comes to quality or range of services.

We were stunned

When comparing with competitors, we were stunned at how much is included with Incfile's LLC Creation packages, even at the most basic levels of service.

Silver package

All of their LLC formation plans, including their entry-level Silver package, include these features:

  • Lifetime customer support via phone and/or email
  • First year of registered agent service (then $99/year thereafter)
  • Online access to all organization documents
  • Unlimited name availability searches
  • Preparation/filing of Articles of Organization, State Business License, and Initial Annual Report
  • Statement and Resignation of the Organizer
  • Activation of Google AdWords
  • Next business day processing
  • Lifetime company alerts

That's right: you get all of these with Incfile's lowest priced Silver package at $49.

Gold package

For $149, you can get their Gold package, which includes these additional services:

  • Employer Identification Number (EIN)
  • Operating Agreement
  • Banking Resolution
  • Customized LLC kit: professional binder in a matching slip case, customized with your business name on the insert; embossing seal
  • Free express shipping with tracking number

Platinum package

Last, the $299 Platinum package gives you all of the benefits of the first two service levels, with these add-ons:

  • Business contract templates
  • Business website and domain name
  • Expedited, one business day state filing time

No surprises

We appreciate the transparency of Incfile's pricing: you won't have any surprises or hidden costs as you go through the process of creating your LLC. They offer that clarity with their fees and those that you'll pay to the state where you're filing your LLC. Some services keep those details in very small print, but Incfile prides itself on making sure you are fully aware of what it will cost to form your LLC.

Best LLC Formation Company

State compliance requirements

You'll see more of this openness when it comes to your state's ongoing compliance requirements, which are clearly listed below your three package options. At a glance, you can see how often you'll need to turn in your report (typically every year), when it's due, what your filing fees will be, and any other important details that apply to your state.

Fast help

Still have questions? Whether you're at the beginning of the LLC formation process or already finished with having your paperwork filed, Incfile is available from 9A-7P CST through their toll-free number or via email. Customers have said that the answers they've gotten were very helpful and specific to their situation, not just the typical form/template responses that are frequently sent by other services.

Knowledgeable support

For the fastest possible response, Incfile recommends that you use the messaging tool in the bottom right corner of every page on the site. Because business formation is the only service provided by Incfile, and most of their representatives have worked there since the company's beginnings in 2003, you'll get extremely knowledgeable help when you need it - no matter whether you choose to call, email, or use live chat.

Highest rating

When you're ready to create your LLC, Incfile should be at the top of your list. They offer full-featured services at the most affordable prices on the market. Thousands of happy customers are proof that Incfile keeps its promises to deliver helpful, knowledgeable assistance with every LLC formation package they offer. For LLC Formation services, Incfile earns our highest rating.

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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.

Incorporation wizard

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.

Online dashboard

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.

Prices vary

Unlike some services, Biz Filing's 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.

Best LLC Formation Company

3 levels of LLC service

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.

Long list of options

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.

Give you less

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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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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