A Limited Liability Company (LLC) is a separate legal entity that allows business owners to run their business without risk to their personal assets. Despite economic challenges created by the Covid-19 pandemic, LLCs have continued to thrive nationwide. In Delaware for example there was an 8.72% growth in LLCs during 2021.
There are various requirements involved in registering an LLC, which vary across states. Therefore, many business owners require assistance. However, legal advice can be costly. Luckily, there are multiple LLC websites that offer incorporation services. Several examples of cost effective LLC websites and their services are discussed below. The amounts do not include the state filing fee which varies according to which state the LLC is to be registered in.
ZenBusiness started in 2015 and has assisted over 150 000 customers. It is one of the most cost effective LLC websites for three reasons; low prices, valuable features, and thousands of outstanding customer reviews. Using ZenBusiness gives you access to a year of registered agent services free of charge. ZenBusiness is also a socially conscious company and is offering a 20% discount on their incorporation service fee meaning the amount payable is only $39.
IncFile started in 2004 and has assisted in the formation of over 500 000 business entities and offers a $0 incorporation service. IncFIle also offers registered agent services, company alerts for filing deadlines and many more services. For anyone on a tight budget, The $0 incorporation service fee is a huge selling point. However, customers of IncFile should keep in mind that there are various upsells and potential higher costs involved should you choose this LLC website. That being said, IncFile’s customers have praised them for their efficient services.
While Northwest’s fee is higher than the other LLC websites, the fee includes a years’ worth of registered agent services, usually charged at $125 a year, and comes with the peace of mind of being assisted by a company established in 1998 and the best customer support available. While acting as a registered agent, Northwest goes beyond what is legally required and scans all documents that are delivered to it on your business’s behalf. There are no hidden costs or upsells in this package.
IncAuthority has been in operation since 1989 and has assisted the formation of over 130 000 business entities with multiple positive customer reviews. IncAuthority may not be the most user friendly LLC website but is a great option for entrepreneurs on a budget, especially since the $0 includes a year of registered agent services. However, if you are looking to add any additional features, IncAuthority ends up being more expensive than the alternatives, with its cheapest premium package costing $399 and it does not offer refunds.
LegalZoom’s ordering process does not include price combinations and has a multitude of upsells which can make their services significantly more expensive, up to $1080. However, LegalZoom has been in operation since 1999 and has assisted over two million customers. They also offer after hours and weekend customer support for the busy entrepreneur. So if you are able to get past the trail of upsells this may be the most cost effective and convenient option for your business.
Rocket Lawyer ($99)
Rocket Lawyer has been in operation since only 2008, and in that time has assisted over seven million business clients and twenty-five million total customers. Rocket Lawyer provides the additional services of obtaining legal advice from an LLC Attorney and a document library. This service does cost $39,99 per month but obviates the $99 incorporation service fee. In addition, if you’re not satisfied, they offer a 100% satisfaction guarantee, meaning you can get a full refund if you are unhappy.
My Company Works ($79)
My Company Works started in 2001 and has assisted in over 60 000 business formations. They do not offer a registered agent service as part of the package but as a medium sized company they can give you the attention you need and get the job done. The LLC formation process with My Company Works is simple and user friendly, and their customer service agents are known to respond within twenty minutes
If the lowest cost, overall value and customer service are important to you IncFile or ZenBusiness may be the best options. Each of these LLC websites offer valuable products for reasonable prices that can help you get your business off the ground. The next step is weighing up which LLC website and products are right for your business.