Need to create a business? The best way for new businesses to reduce some of the startup costs is to take advantage of the affordable services available for filing and forming an LLC or corporation online. Attorneys are expensive, but we think $179 is a reasonable price to form an LLC or corporation, secure an Employer Identification Number/Tax ID (EIN), receive a worry-free compliance guarantee, and also get one year of registered agent services included with that.
Getting a new business created with a professional business formation service is affordable, quick, and the worry-free way to go.
These online business formation services know the requirements for each state, and they have streamlined the process into a quick and orderly way. Let them do the paperwork, take care of the required elements, and get your business started today. These are the top 8 most popular LLC formation and incorporation services available today and our favorite picks for the best online LLC formation services for 2020.
Best Online LLC Services 2020
#1 – ZenBusiness
#2 – Incfile
#3 – Inc Authority
#4 – Swyft Filings
#5 – Northwest Registered Agent
#6 – MyCorporation
#7 – Rocket Lawyer
#8 – CorpNet
Runner-up – LegalZoom
Starting Price Comparison
LLC Formation, Incorporation & Registered Agent Services
Based: Austin, Texas
Starter Plan $49.00 + state fee.
Pro Plan with EIN, Registered Agent for 1 Year and Worry-Free Guarantee
$179.00 + state fee
Our #1 Choice For LLC Formation and Incorporations 2020!
“Outstanding Service & Value!”
LLC Formation, Incorporation & Registered Agent Services
Based: Houston, Texas
Silver Package $0.00 + state fee
Gold Package with EIN $149.00 + state fee
“Best Prices & Experience” BBB Rating A+
“Highly Regarded In The Industry”
250,000+ Businesses Formed Since 2004
LLC Formation, Incorporation & Registered Agent Services
Based: Reno, Nevada
“Entity Set-up Service” $0.00 + state fee
Starter Bundle with EIN $399 + state fee
“Over 110,000 Businesses Formed”
LLC Formation and Incorporation Services
Based: Wilmington, DE
Basic Rate $49 + state fee
Standard Rate with EIN $149 + state fee
LLC Formation and Incorporation Services
Based: Spokane, WA
Base Rate $225. + state fee
“Expert Registered Agents”
LLC Formation and Incorporation Services
Based: Calabasas, CA
Basic Package $99 + state fee
Registered Agent $120
“20 Years & 1,000,000+ Businesses Formed”
#7 Rocket Lawyer
LLC Formation and Incorporation Services
Based: San Francisco, CA
Editor’s Choice! For Ongoing Legal Assistance!
From The Rocket Lawyer Website,
Rocket Lawyer’s new Coronavirus Legal Center is a free, one-stop resource that provides no-cost Attorney Q&A, legal documents and critical information to help business owners take advantage of government relief programs to protect their business and aid pursuant to the Coronavirus Aid, Relief and Economic Security (CARES) Act.
7 Day Free Trial for Membership Plan
$39/mo After Free Trial
Non-Member Rate $99 + Add-ons + state fee
“Best for businesses who want ongoing legal information.”
LLC Formation and Incorporation Services
Based: Westlake Village, CA
Starting at $199.
“100,000+ Businesses Formed”
Prices For Their Popular Plans
Northwest Registered Agent
Prices above do not include state fee
Main Business Structures
- Sole Proprietor – Simple, one person is responsible for all the company’s profits and debts.
- LLC – What is an LLC? What does L.L.C. mean? LLC stands for limited liability company. Although the exact definition of an LLC can vary from state to state, in general, an LLC is a business entity that is separate from its owners, who are known as members. An LLC with a single member will be taxed as if it is a sole proprietorship. If the LLC has more than one individual member, it will be taxed similarly as a partnership. The LLC is treated as a pass-thru entity, avoids double taxation. Partners or LLC members are the owners. Getting started requires some legalities but nothing like a corporation. A limited liability company is a structure that allows owners, partners, or members to limit their liabilities while enjoying the tax and flexibility benefits of a partnership. It does not require formalities like C Corp. Flexibilities on the different ways to distribute income. Each state has its own rules for naming an LLC, but most of the states require a business name to be distinguishable from any other name, and it must contain, at the end, one of the following: “Limited Liability Company,” “LLC,” or “L.L.C.”
- S Corp – Unlike an LLC and C Corp, an S Corp is not a business entity. An S Corp refers to the way business has chosen to be taxed. S Corporations provide some personal liability protection and tax savings, also known as pass-thru entities. The S Corp is not subject to federal income taxes. Avoids double taxation, much like LLCs, they provide more limited liability protection than sole proprietorships. They require some paperwork to form the S Corp but less than a C Corp. fewer formalities than C Corp. Flexibilities on distributing income.
- C Corp – Corporations are owned by the shareholders taxed as separate entities. Much more formalities are needed to form the corporation. Corporation law requires a board of directors, meetings, and minute recording. Income is distributed to shareholders. A corporation will be taxed as an S Corp or C Corp.
- PBC – Public-benefit corporations are a specific type of corporation that allows for public benefit to be a charter purpose in addition to the traditional corporate goal of being profitable.
- Non Profit – Charity purposes and get rewarded with tax exemptions.
What is a Registered Agent?
A registered agent is a responsible third-party in the same state as the business. In simple terms, they collect the mail for your LLC or corporation and stay on standby to receive and reply to correspondence related to the LLC. A registered agent is a person or company that is designated to accept, send, and process legal papers on behalf of the LLC or corporation.
Every state requires business entities such as Corporations, LLCs, Partnerships to appoint a registered agent during the business formation process. Registered agents are needed in the case of a lawsuit. They also provide the LLC members another layer of privacy.
Online LLC Service Reviews
Starting a company is a considerable risk for a group of individuals, let alone a single person. Aside from running the business, other expenses to worry about are taxation, legal requirements, and even possible litigation. The best way for startups and small businesses to mitigate some of these high costs is by finding an affordable way to form a business entity such as an LLC, C Corp, or S-Corp.
Moreover, what if you do business in several states and need a registered agent in multiple states? Attorney services can be costly, but today there are online legal services that can assist you with these things. You can get it done quickly, correctly, and at a reasonable price. We hope you can benefit from our comparison of the best online LLC formation and incorporation services.
TV advertising company LegalZoom did not make our list of the Top 8 Best LLC Formation Services due to their high prices and poor customer reviews on Trustpilot.
Comparing The Best LLC Services
For 2020, we have rated ZenBusiness the best LLC service. They offer one of the cheapest LLC and corporation formation services available, with prices starting at just $49. plus state fee.
ZenBusiness offers professional business formations with discounted prices and top quality services, including Registered Agent, EIN, banking, ongoing compliance, and much more! They use technology and transparency to create an experience that is fast, friendly, affordable, and hassle-free. Get your LLC or corporation formed and receive your first year of Registered Agent services for free! Second-year just $119.
Get Your Business Name Reserved
Not ready to form your LLC or Corporation today?
ZenBusiness can get your new business name reserved so no one else can take it. After that, you can form your new business when you are ready.
Comparing ZenBusiness Pricing Plans
Compliance Worry-Free Guarantee
This feature makes ZenBusiness a very attractive choice for forming a new business. Compliance and due dates, “When is this due?” When is that due?”
The ZenBusiness “Worry-Free Guarantee” feature is included in both the Pro and Premium plans.
The Premium Plan is $299 plus state LLC or corporation filing fees. The Premium business formation service includes everything from Pro, Starter plus: domain privacy protection, business email address, business bank account, monthly accounting services, Xero accounting software, accountant chat support, free insurance quote.
ZenBusiness also offers several different a la carte services, including annual reports, New York Publication, Amendment, Certificate of Good Standing, Business Insurance, and more.
If you are looking for a professional, reliable company to get your business off the ground, contact ZenBusiness today with your information and get your business started on the best foot possible.
Why We Are Here
Many Americans dream of starting their own business but are reluctant to do so because of the daunting red tape and confusion. Keeping up with local, state, and federal regulations along with accounting, insurance, banking, and other obligations might force you to ask, “Where do I even start?” That is why we’re here.Our Vision
We want to help small business owners realize their dreams by eliminating the barriers to starting and growing a new business. In doing so, we hope to radically shift the business landscape by empowering more people to be their own boss, become financially independent, and join our business community.
We have already helped thousands of business owners turn their dreams into reality, and we want to grow that to over 1 million new businesses within the next 5 years!
Our goal is to make the dream of starting a new business accessible to everyone across the country by offering free formation, discounted business services, and expert support.Core Values
These three values serve as another important way we distinguish ourselves from competitors.
- Transparency – We strive to be transparent in everything we do by operating with honesty and integrity to earn your trust and ongoing business.
- Protection – We are committed to protecting you from the pitfalls of running a business by helping you stay in good standing with the government and avoid any liability issues.
- Paying It Forward – We select women-owned and minority-owned businesses in the US to loan money to each year, increasing the lending amount on a yearly basis. It’s another important way we help aspiring business owners reach their dreams. We do this through Kiva.org as a part of our role as a Public Benefit Corporation.
Unlike the competition, we use technology and automated processes to provide a fast and low-cost business formation service that meets your unique business needs.
It’s your participation that truly fuels our service and success! Our technology keeps our costs down and allows for a more customized experience. We’re able to provide free services and discounted prices because many of our customers – small business owners and entrepreneurs just like you – purchase add-on services and monthly package plans that subsidize our remaining costs.
The result is a low-cost, personalized formation with fast and friendly service for everyone!
We have rated Incfile a very close second place for the best LLC service for 2020. They are simply a great company with decades of experience in forming new businesses. If you want the cheapest LLC formation and incorporation service with years of proven experience, Incfile is the one for you.
Ordinary folks turned entrepreneurs who want to run a business without getting too embroiled in paperwork, require services that are more knowledgeable in dealing with the legal requirements of government. Among these agents is Incfile whose services include assistance in company formation, statutory compliance as well as IRS filing.
Becoming a limited liability company offers small businesses minimum compliance requirements, some protection from debt and litigation, but ties the company taxes to the personal taxes of its members (known as pass-through taxation), which has some benefits; until the company matures to become something more significant.
When we compare online business formation services or registered agent services, Incfile always comes out on top.
Since 2004, Incfile has helped with over 250,000 company formations and continues to assist them with their legal requirements. Given that base, IncFile is a company that is more than capable.
Incfile updated their Silver Package price last year on October 18, 2019. The new price for the Silver Package is now $0.00 and includes preparing and filing the Articles of Organization. Still, the additional features most new businesses need, like getting an EIN can be purchased as add-ons. I think most people will skip the Silver and go straight to the Gold or Platinum Package, where these features are already included.
Incfile’s “Gold Package” for $149 plus the state fee, includes IncFile’s core features and an impressive list of services along with their “highly recommended” Employer Identification Number/Tax ID (EIN)
Verify Company Name Availability – checks if your chosen company name is available in your state.
Preparation & Filing of Articles
Next Business Day Processing
- Employer Identification Number/Tax ID (EIN)
- Registered Agent Service (1st Year FREE) – $119 for every succeeding year
Lifetime Company Alerts – a personal dashboard that will alert you of legal deadlines and updated state requirements.
Online Order Status Tracking
Free Business Tax Consultation – a free hour-long professional business tax consultation.
Lifetime Customer Support
Online Access to Incorporation Documents
Compare to similar companies that offer more features, Incfile focuses on the basics above as a way to keep things simple for everyone. One can say that their services are optimized. There are three packages they refer to as Silver ($0), Gold ($149), and Platinum ($229), wherein Gold is applicable for most companies where Platinum can be considered as Gold with candy sprinkles on top but may cater to many companies with special requirements.
The Gold package includes the provision to process an Employer Identification Number (EIN), which many know as the company equivalent of a person’s social security number. Also included are corporate forms, banking resolution, and a custom corporate kit.
Incfile’s Tax Service
The Platinum package includes all the above plus superficial features such as a company website that people can efficiently work with on Wix or Weebly plus business contract templates? It’s quite a point of contention, especially with the price jump from $149 to $299. This is why earlier, we mentioned that everyone is better off with the Gold package.
However, for anyone who does not want to bother asking another service or hiring a lawyer to speak and write legalese, these extra 25 contract templates are written by professional lawyers. The main advantage of the Platinum package, however, is expedited filing, which speeds up the process of incorporation if you’re in a hurry to get your business started.
Compared to other business formation services on the web, IncFile is the more affordable option and offers more to the core package than leader Legalzoom. Reviews for Incfile based on their website have so far been unanimously positive except for one major flaw for people who are in a hurry.
Depending on your state, it can take as long as eight weeks to complete a filing, but mostly depending on how complicated your state can be as well as delayed responses from customer support.
For Texas, Incfile says the standard filing time is 1 week. Purchase the $50 expedited add-on and get the filing done in 2 business days!
Incfile Customer Support
The fastest filing is one business day, which is excellent for most. However, onsite reviews can sometimes be challenging to rely on, so it’s best to try for one’s self or ask someone you know who has already taken advantage of the service.
Check out our post, Incfile vs. LegalZoom 2020
Incfile – For more info visit their website at www.incfile.com
Inc Authority LLC Formation and Incorporation Service
Another one of the cheapest LLC formation and incorporation services available for 2020 is Inc Authority. Inc Authority can get your business started for $0.00. They refer to themselves as the “Home of the FREE LLC and Corporation.”
One of the top players among incorporation businesses, Inc Authority, has formed over 110,000 LLCs and corporations throughout the United States since 1989. Inc Authority provides affordable business entity formations, including the drafting and filing of corporations and limited liability companies.
The Team at Inc Authority
By offering a free processing and formation service, Inc Authority hopes to earn a customer’s trust and then earn that customer’s business for life. According to Trustpilot reviews, this business model seems to work pretty well for both parties.
The 3 Main Packages
Trustpilot Reviews – January 2020
As of January 21, 2020 – Inc Authority has 3,087 Trustpilot reviews and a total score of “Excellent.”
Need it fast? Swyft Filings says, “Form an LLC Today in as Few as 10 Minutes.”
You need an online LLC service, and you need it now. Right? Well, you won’t find a better match for your needs than this Houston, Texas-based LLC formation and incorporation service, Swyft Filings. More than just another company out there with a name and a half-formed idea, Swyft Filings specializes in business formation for small and medium-sized businesses. Swyft Filings is the real deal and ready to help you out on your new adventure.
Swyft Filings has 3 LLC formation and incorporation plans available, Basic $49 + state fee, Standard $149 + state fee, and Premium $299 + state fee. With each of these three plans getting their registered agent service is $149 per year extra.
An online LLC service that will be able to offer online legal service when and where you need it, this is an excellent match for those who are looking specifically for business formation services that can be done from their own home or office. The goal is to prioritize comfort, comprehension, and, of course, professionalism. Allow Swyft to help you make the most out of your LLC or corporation formation by doing all of the hard work for you and still meeting your budget. They are ready to help you reach your dreams, whatever they may be.
- Online business formation service so that you can do what you have to from the comfort of your own home
- Operating in each of the 50 states and Washington D.C.
- Cheap LLC formation and incorporation service to meet all expectations and budgets for those who need it
- Swyft Filings will be able to offer online legal support that will surpass the competition in all of the right ways.
Swyft Filings offers quick business formation and processing, but we think Incfile, Northwest RA, or ZenBusiness are better choices right now.
Why Northwest Registered Agent?
Answer – Privacy & Expert Registered Agents
Northwest Registered Agent is a full-service LLC formation and incorporation service. They happen to be expert registered agents and highly regarded in the industry. Northwest R.A. is a little bit more expensive than others, but if you want to keep things private and have a registered agent to take care of business and not be annoying, these guys are for you.
Getting into business is not as simple as choosing the industry you’ll be in or choosing between being a single proprietor, a partnership, or a corporation. Whatever you want from the latter three, you’ll need to decide what your business structure will be. For small businesses, it’s best to be registered as a limited liability company or an LLC. The words limited liability sounds good from the get-go, as LLCs, allow for a level of protection against debt, litigation, as well as taxation for the company’s owners.
Such things will be shouldered by the company as an entity and not by the owners, except that taxation will be based on the owner’s fixed income. Now, most entrepreneurs are more interested in the actual running of the business rather than all the paperwork involved. So, fortunately, many companies do such things for them. One such company is called Northwest that provides registered agents that serve as the businesses’ contact for legal matters with the state.
Several companies can be found on the web that specializes in helping people in the formation of their limited liability companies. Northwest differentiates itself from other business formation services because it allows companies to affordably declare themselves as LLCs in multiple states, not that the others don’t do so. Still, Northwest gives its customers more significant discounts the more states they apply for. This makes Northwest the perfect LLC formation company for any entity that wants to cover several states at once.
Northwest offers a discount for the fourth to ninth states and an additional discount for every additional state. That’s their premium feature. Other good points for Northwest include:
Northwest registered agents offer a more personal touch with clients as opposed to the bland recorded-like manner of other companies. Clients immediately reach a knowledgeable professional instead of having to go through annoying automated menus.
An easy-to-use online form system that minimizes redundancy by asking for data on relevant fields only once and automatically populates the fields of other forms that have the same information. People hate forms, especially redundant ones, and legal endeavors such as the registration of a business entity tend to use a lot.
Northwest is diligent in scanning all legal documents received by their clients, so all documents have digital copies in case they are needed. This makes the registered agent much more transparent with the client, and the scans are sent in real-time, so the client will not run into surprises. The scanning service is free.
An overwhelmingly positive feedback record – which comes in very handy considering their higher rates compared to others despite their multi-state discount.
Northwest also has a different pricing structure compared to the others. They charge for a flat annual rate of $125 per registration. They charge $125 per state for the first three states, $115 for four to nine states, and $100 for ten states or more. Aside from this multi-state discount, they pull all the stops when it comes to recording and scanning and sending all documents. Clients are informed every time in real-time when there’s anything new.
The annual $125. A subscription gives the client 365 days of premium registered agent service, a secure online portal to help clients manage the documents, access to forms varying from state to state, and a lifetime of client support. However, instead of $125 annually, compared to other services, clients need only pay $100 annually if they apply for more than nine states while others charge more. That’s at least some savings in the long run.
The only drawback to considering Northwest as a registered agent is that it hurts the pocket the first time, unlike other companies that charge below $50 for the first year of service. Still, these guys are the registered agent experts.
MyCorporation LLC Formation and Incorporation Service
MyCorporation is an LLC formation service that was started way back in 1995. They are a branch of the parent company Deluxe Corporation, the leading check printing service everyone in the U.S. has probably used at some point in their life. Since 1995, MyCorporation has served more than a million businesses. In spite of facing intense competition, MyCorporation has managed to make a name for itself in the market.
You can use this review to determine whether MyCorporation’s LLC formation services are what you are looking for.
- MyCorporation offers a business formation service that starts at $99. Their Standard Package is $124 and includes annual report services for 12 months and is, therefore, a good compared to average attorney fees. You can find other services with better pricing, but if you want a long history of business formations backed up by a well-known brand such as Deluxe Corporation, this could be a good choice for you.
- Since its establishment in 1995, the firm has handled the formation of 1M+ businesses. Only LegalZoom, which is another industry giant, comes close to the experience that MyCorporation’s experts have accumulated.
- Customer feedback reviews are mostly positive about the firm’s services. Despite having hundreds of verified customer reviews online, you will be hard-pressed to find any critical reviews about the firm’s offerings.
- A bit pricey
Read our MyCorporation review or visit their website for more info.
Rocket Lawyer LLC Formation and Incorporation Service
Rocket Lawyer’s Coronavirus Legal Center
From the Rocket Lawyer Website,
Rocket Lawyer’s new Coronavirus Legal Center a free, one-stop resource that provides business owners with expert legal advice, business continuity guidance, critical legal documents, and consultations with lawyers in the Rocket Lawyer network to enable them to successfully navigate the myriad challenges arising from the pandemic.
It serves an essential resource for legal advice in connection with small business loans and aid pursuant to the Coronavirus Aid, Relief and Economic Security (CARES) Act.
For those who want to form an LLC or corporation and receive ongoing legal info, our #1 choice is Rocket Lawyer
Legal made simple – All the legal help you need. Anytime. Anywhere.
Rocket Lawyer has helped over 17 million businesses, families, and individuals make legal documents, get attorney advice, and confidently protect their futures.
- 50,000,000+ documents created*
- 240,000+ legal questions answered
- 2,000,000+ businesses served
About Rocket Lawyer
Rocket Lawyer believes everyone deserves access to affordable and simple legal services. Since 2008, they’ve helped over 17 million businesses, families, and individuals make legal documents, get attorney advice, and confidently protect their futures. From easy legal documents and business incorporation to discounted rates with outstanding lawyers, they are there to help every step of the way.
LLC Formation Non-Member – $99.99 + state fee
LLC Formation Premium Member – Free for new members, 25% off after that + state fee
San Francisco based Rocket Lawyer offers membership services for ongoing legal advice, documents, and business formation services. The Premium Member Plan is $39.99/month. Their 7-Day Free Trial gives access to Premium Member services including,
- Unlimited access to all legal documents
- Document reviews by an attorney
- Discounts on Incorporation Services
- Filing of one LLC formation application. For customer support beyond the 7-day trial, membership subscription is required
- Ask a Lawyer questions
- 30-minute attorney consultations on each new legal matter
- Up to 40% discount on attorney fees (For longer-term engagements)
- Online dashboard and document storage
The Premium package offers unlimited consultations with an attorney by phone, unlimited template access, and attorney review of up to six documents. You can utilize the “Ask a Lawyer” feature if you have a quick legal question. Plus, if you want to hire an attorney through the directory provided by Rocket Lawyer, you get 40% off the rates.
Rocket Lawyer vs. LegalZoom
Rocket Lawyer is our favorite for businesses who will want or will be needing ongoing legal advice and business formations. Rocket Lawyer is similar to LegalZoom in regards to LLC formation pricing and services, Legalzoom charges $149 + state fee and Rocket Lawyer non-member prices start at $99 + state fee. When it comes to customer satisfaction and online reviews like Trustpilot, the clear winner is Rocket Lawyer.
For more info on LegalZoom visit,
For a comparison visit,
Rocket Lawyer vs. Legalzoom: Best LLC Service
Rocket Lawyer FAQs
What does Rocket Lawyer do? Rocket Lawyer is an online legal services company that connects people to the legal help they need. They make the law affordable and straightforward with thousands of easy-to-create legal documents, quick access to independent local attorneys, and much more.
What do I get as a member?
- Unlimited legal documents
- Document reviews
- Unlimited Ask a Lawyer questions
- Discounts on representation fees when you hire a lawyer in our attorney network (up to 40% on hourly rates or as low as $125/hour)
- 30-minute attorney consultations on each new legal matter
How do I create a document? Log in to your account. Use the search bar to look up a record by name, or use the Explore tab on your account home screen to browse the document library.
Once you’ve chosen a document, follow the on-screen instructions to create your own. You can stop and come back to your document at any time from your computer, smartphone, or tablet. Documents you create will are saved to your secure account. You can also copy, print, share, and sign your documents online.
How do I contact an attorney? There are several ways to get in touch with a lawyer:
- For simple questions, you can submit a short request online via our Ask a Lawyer service. One or more lawyers are expected to respond within approximately one business day.
- For more complex matters, you can request a 30-minute consultation with a lawyer. To make your request, contact customer service or submit an Ask a Lawyer request and indicate that you’d like a response by phone. You can also click the red “Speak With A Lawyer” button from your logged-in dashboard panel.
- You can hire a lawyer for ongoing representation. Rocket Lawyer On Call® attorneys generally offers Rocket Lawyer members 40% off their standard rate.
- Alternatively, you can speak to the Rocket Lawyer customer representative or call them on the phone. Rocket Lawyer says they will contact you within one business day and connect you to a local lawyer. Members can only submit three lawyer connection requests at one time.
Rocket Lawyer is our favorite business formation company with ongoing legal advice and services.
The Limited Liability Company or LLC is currently the popular business structure of choice among startups in the United States. The name alone inspires confidence to entrepreneurs who want to go to business with as little risk as possible.
What are the benefits of becoming a limited liability company, and what does it take to become one? Unfortunately, choosing a business structure and implementing it is a significant step in creating a business with lots of paperwork to do, which varies from state to state. Still, luckily, there are online LLC formation services available that can help at very reasonable prices.
These services help companies become registered as LLCs, and their registered agents help maintain that business structure as long as the company exists, or matures into something bigger. Formation companies like Legalzoom, Incfile, Northwest, and Corpnet.
You can look them up with you know what, but first read on about the benefits of LLCs and why Corpnet would be the perfect service for you to help your business become an S-Corporation, a C Corporation, a nonprofit organization or a limited liability company.
Incorporate a Business for $79 at CorpNet – Get Started with a FREE Business Name Search!
There are several benefits for businesses to register as LLCs. These include:
Limited liability – with limited liability, the owners’ personal assets are protected from the obligations of the business. Should the business go in debt or litigation, it will be the assets of the company that will be subject and not the assets of the owner/s.
Pass-through Taxation – means that the owners of the LLC won’t be taxed double, unlike C Corporations whose earnings are taxed along with their respective owners’ incomes. The business tax is only reflected in the owners’ profits and losses.
Fewer Formalities – in large corporations and companies, they need to hold formal board and stockholders’ meetings to satisfy regulation. The only things required for the LLC include the company’s articles of incorporation and the company’s Operating Agreement on how the company should be run.
Flexible Profit and Loss Allocation – LLCs are allowed to allocate profits and losses among their members; however, they wish. This is important, as, in some companies, participation in the business is not equal. Taxation also becomes more flexible among members.
Limited Liability is always a good start for budding businesses, and companies like Corpnet assist in their formation.
Why is CorpNet the perfect choice for LLC formation assistance?
Corpnet has already helped in the formation of over 100,000 various types of companies. An astounding accomplishment for a husband and wife team who have been in the business for twenty years.
This dedication to their work has resulted in an almost unanimous positive feedback from their clients, and Corpnet guarantees that unsatisfied customers can get their money back, no questions asked.
They offer free registered agent service to clients who take advantage of their top two service packages and 60 days free for their basic service. All three service tiers provide some form of flexibility.
- Business Name Availability Check
- 24-hour document preparation
- Official Filed Articles of Organization
- Free Corporate Compliance Tool
- Free Registered Agent Service
- Federal Tax ID Number (EIN)
- Custom Operating Agreement and Minutes
- Custom LLC Kit and Seal
- State Fees
- State Filing Fee
- Standard Processing
- Express Processing
- 24-hour Processing
- Print Delivery
- Shipping and Handling
– Check Out Corpnet.com prices.
The drawback with Corpnet is the price of their package pricing. To make the most bang for the buck, clients are better off with their Complete Package instead of having to add premium amounts to their other packages. Their main advantage is their seeming quality of service and personal touch. Their website is also very informative and easy to use.
ZenBusiness is our choice for the best LLC service, Incfile was almost tied for first. But we think any of the companies on the top of our list is much better than doing this paperwork on your own and a lot cheaper than hiring an attorney to do it for you. We hope you enjoyed this comparison of our picks for the best LLC filing and formation services for 2020.
Good luck. We hope you prosper and thrive.
Additional Small Business Tools & Solutions
Best Accounting Software – 2020
Quickbooks – Editor’s Choice!
Deluxe Payroll Solutions For 2020
Disclaimer: The LLC service companies mentioned here are document filing services; they are not law firms. The author of this article is not an attorney or a CPA; this article is for information purposes only and should not be construed as being advice. Please seek the guidance and advice of a qualified accountant, attorney, or law professional.