TRUiC Evaluates The Biggest Business Incorporation Companies in The US
Busy entrepreneurs have a lot on their plates, especially when starting a new venture. To help guide entrepreneurs through the sea of uncertainty, we take a closer look at 5 of the biggest business incorporation companies in the US.
A huge advantage for ZenBusiness lies in customer feedback. With more than 4,700 reviews online – the greater majority of which are positive, says a lot about the company’s consistent performance. Those who approach ZenBusiness may not always realize that it is a public benefit corporation as well. Partnering with Kiva.org to help lift people out of poverty through lending money, ZenBusiness also lends money to women-owned and minority-owned businesses every year.
Utilizing a hybrid system, their actual turnaround times are typically faster than their advertised turnaround times. Apart from the fast turnaround times this company offers competitive pricing and valuable packages as well as a 12 month registered agent service.
This company is quite generous with additional features, which definitely adds value for money, especially when one considers that Incfile offers a free incorporation service. In a similar fashion to ZenBusiness, Incfile includes a year of free registered agent service in each package. Thereafter the feature would cost $119 yearly.
Those interested in more features than Incfille’s $0.00 incorporation service will find that their $149 Gold Package offers strong value for money. This plan includes a EIN (federal tax ID number), corporate bylaws, meeting minutes, banking resolution and personalized binder. Their quick turnaround times and fantastic customer feedback does help to overshadow the one or two drawbacks pertaining to strict refund policies and up-sells.
Northwest Registered Agent
Coming in at a high price point, Northwest Registered Agent is one of the best online incorporation services for those seeking customer support in the industry. The big advantage that Northwest offers is that their registered agent service is included for a full year at no extra charge. After the first year it will cost $125 per year, a price that is lower than average when compared to some of the leading business incorporation services out there. What sets Northwest apart is that they are the only major nationwide registered agent service that scans every document they receive as your agent. The competitors typically only scan forms that they are legally required to send to you. Customer support is highly personalized, which is another great benefit this company offers.
Backed by Wolters Kluwer, an enormous global compliance firm, one can expect to find that BizFilings offers a reasonable value-to-cost ratio, although they are slightly more expensive than some of their competitors.
Offering an intuitive process that even inexperienced entrepreneurs can navigate confidently, their convenient incorporation wizard will help with personalized recommendations. Including six months of registered agent service with their formation packages, those who wish to continue with the registered agent service after the initial period should be prepared to pay $164 annually.
Perhaps one of the best-known business incorporation services on this list, LegalZoom is one of the most popular services available. They reportedly have helped more than 4 million customers over the years. Unlike other companies mentioned on this list, LegalZoom does not offer free registered agent services and will charge an additional $159 – $299 annually if you want it added on. The greatest advantage, however, is their 100% money-back satisfaction guarantee. Those who are unhappy with their business formation can request a refund within 60 days of purchase.
When starting a new venture using a business incorporation service can take a lot off your plate. Instead of navigating your state website and feeling at a loss with legal and state requirements, enlisting the help of a professional business formation service will make the business formation process that much smoother.
When selecting a registered agent service it is important to bear in mind that the registered agent acts as the business entity’s main point of contact with the state’s government. The registered agent will be responsible for receiving important notifications and compliance information and should keep you abreast of these developments. A great registered agent will maintain a compliance diary which will help you stay ahead of the deadlines.
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