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      June 5, 2020

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Incfile 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 Incfile 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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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.

When comparing with competitors, you'll be stunned at how much is included with Incfile's LLC Creation packages, even at the most basic levels of service. All of their LLC formation plans 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.

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

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

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.

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.

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.

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.

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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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 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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