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      November 17, 2018

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My Company Works vs My Corporation

Best LLC Formation Services

To help you find the Best LLC Formation Services, TopConsumerReviews.com provides you with an in-depth comparison of My Company Works and My Corporation.

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.

Continue reading below reviews

Best Reviews

2018

LLC Formation Reviews

4 stars
My Company Works

MY COMPANY WORKS Visit Site

Cost:

From $79 to $279, depending on the package selected

Since opening their doors in 2001, My Company Works - formerly known as My New Company - has worked with more than 50,000 businesses to help them grow their business through LLC formation and incorporation. Although this provider doesn't have the long client list as some of our higher-ranked services, they've proven themselves as a reputable, knowledgeable partner for small business owners who want to create an LLC.

One of our favorite resources offered by My Company Works is their proprietary Startup Wizard. Once you've formed your LLC, this helpful online tool will take you step-by-step through everything you need to do to keep your business up and running - and in compliance with all of the legal requirements in your state. You'll get automatic reminders in your email each week that remind you of any remaining steps you need to take; these reminders can even be downloaded as a PDF. Also, the Startup Wizard keeps track of your progress while you complete your required tasks, making sure that you don't create any problems for yourself as you operate your newly-formed LLC. Most of the LLC formation services we reviewed don't go that extra mile (at no extra cost) to make sure you are meeting your legal obligations, so this is a perk worth noting.

You'll also find lots of helpful information as you consider the next steps for your business. These can be found under the headings of Start a Company and Manage a Company at the bottom of the website.

My Company Works has three packages for LLC formation:

  • Basic: starting at $79, this package includes unlimited name availability searches, preparation and filing of Articles of Organization, personalized organizational minutes and LLC Operating Agreement, the New LLC Handbook, same-day business processing, unlimited phone/email support, free company alerts, access to scanned documents online, and lifetime access to your online account. You can add a la carte services like obtaining a federal tax ID, registered agent service ($99/year), or rush filing service.
  • Entrepreneur: for $199, this level of service includes the features of Basic, along with obtaining a federal tax ID, an LLC kit/seal/member certificates, and lifetime business forms/tax guide. You'll need to consider if those additional features are worth the extra $120 over the Basic package.
  • Complete: at a cost of $279 you receive all of the benefits included in the Basic and Entrepreneur packages, along with a year of registered agent service (saving you $19 over the regular yearly $99 fee if purchased separately).

My Company Works has a terrific reputation. Like many of the companies in our review, they maintain an "A+" rating with the Better Business Bureau. More noteworthy is their track record for almost 100% positive reviews from their customers. The most common compliment given is for their extremely fast customer service team: most questions submitted by mail or phone get a response in 20 minutes or less during My Company Works' regular weekday business hours of 7:30A to 4:30P PST.

This provider is so sure that they'll make a happy customer out of you that they have a 100% satisfaction guarantee. Should you be unsatisfied with their LLC formation services for any reason within the first 90 days of being their client, they'll either fix the problem or offer you a full refund - whichever you prefer. Given the thousands of positive reviews they've already received, however, it's not very likely that you'll need to take them up on their satisfaction guarantee.

Because of their reasonable prices, strong focus on customer service, and useful tools even after creating an LLC, My Company Works is ranked among the top providers for LLC formation services in our review.

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3.5 stars
My Corporation

MY CORPORATION Visit Site

Cost:

From $89 to $299, depending on the level of service selected

For over two decades, My Corporation has been helping small businesses get their start. Given that their tagline is "Entrepreneurs welcome", it's easy to see that this California-based LLC formation service is focused on the needs of growing companies.

One perk offered by My Corporation is a Free Startup Consultation. If you want some guidance in identifying your business goals and the best steps to take to reach them, this is a great way to get a feel for how My Corporation can help you - at no cost to you. You'll find the "Free Startup Consultation" button featured throughout the site; enter your information there and you'll soon be connected with a representative.

Alternately, if you like to get information on your own before you speak with a rep, look further down on the site to find the Free Entity Wizard and Comparison Chart tools. This will help you determine if forming an LLC is the right next step for your business.

My Corporation offers four packages of service: Basic, Standard, Deluxe, and Premium. All packages also include free online accounting, free domain name, and a custom business logo.

  • The Basic plan is priced at $89; you'll get your Articles of Incorporation, Business Documents, and Business Name Check.
  • The Standard package costs $99 and includes your Annual Report.
  • For $199, the Deluxe plan also includes a year of Registered Agent Service. You'll pay $120/year after the first years' service.
  • At $299, the Premium package adds the MaintainMyBiz service, consisting of any four business filings you request each year. You could call this a "corporate maintenance package" that takes you through the creation of your LLC and keeps it running in the years to come.

All of My Corporation's other features can be included at an extra cost. For example, you may want to have them apply for your Employer Identification Number (EIN), or to use their MyCorp Vault Document Storage to keep all of your business documents in one location. We like that small businesses can decide exactly which additional services they need and not have to pay for ones that aren't relevant (such as a seal and embosser set). But, when looking at their packages, My Corporation's "extras" are often included with competitor plans, especially with the higher-priced tiers of service.

Reputation-wise, My Corporation had an "A+" rating with the Better Business Bureau at the time of our review. We expected to find lots of customer reviews, since this service has been helping "over one million businesses form and grow" in the last two decades. While most of the client comments we found were positive - praising My Corporation's outstanding customer service during LLC formation and the support phase afterwards - there weren't very many reviews to be found.

Overall, though, My Corporation provides a solid range of services for creating an LLC and a positive reputation. We think they're a trustworthy option for small businesses who only want to pay for the LLC formation services they actually need.

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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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