What Services does Harbor Compliance Offer?
When it comes to the services, Harbor Compliance has you covered with a wide variety whatever your needs. Their experienced agents and flawless software make them ideal for any related service.
More specifically, they offer:
- Annual report filing to make sure that you file the report on time
- License issuance and management that makes legal operation a few steps away in many industries
- Foreign qualification for cross-state transactions by expert compliance agents
- 501(c) non-profit formation through a careful review of your mission and the preparation of your 501(c)(3) application
- Fundraising compliance for non-profits
- Registered agent service
Now that you have an understanding of who they are and what they offer, let’s take a look at the main pros and cons of Harbor Compliance…
The Pros and Cons of Harbor Compliance
- Premium Customer Service
- User-Friendly Software
- Free Software Demo
- 1-Year Free Registered Agent Service
- Overwhelmingly Positive Feedback
- Both of the Harbor Compliance packages are expensive compared to what most similar services offer out there
Speaking of which…
The Pricing Structure of Harbor Compliance
Harbor Compliance offers two packages called Formation and Compliance.
Let’s examine what each one costs and includes to see which one you will benefit from according to your needs.
The Formation package is priced at $399 (+ state fee) and it includes:
- Name Availability Research
They ensure that the name for your corporation isn’t already used by any other by searching through the databases
- Articles of Organization Filing
They prepare and file the necessary documents regarding your incorporation required by the state
- Operating Agreement Template
A template that outlines the ownership structure of your LLC to create your own operating agreement.
- 1-Year Free Registered Agent Service
Harbor Compliance helps you get started by offering one year of registered agent service. After the year ends, you can renew the service if you like which costs $99 per year.
As you can see, this package offers everything you need to effortlessly form your company. It is ideal for you if you want to pay as low as possible for the value you get, but can handle compliance requirements on your own.
If that last part made you shudder though, keep reading…
The Compliance package costs $799 (+ state fee) and it offers everything in the Formation package plus:
- Annual Report Filing Management
They will take care of the preparation and filing of your annual reports, keeping track of your due dates to ensure you submit them on time.
- Initial Report Filing
If necessary (depending on the state), Harbor Compliance will file an initial report which is required after formation.
- Press Release Publishing
After you form your LLC, some states require that you publish a press release in the local media. Harbor Compliance will take care of the process from creation to publishing.
- Corporation Tax Election
If you want to be taxed as a corporation, they can prepare the necessary documents and file them with the IRS.
- Ongoing Customer Support
They will offer ongoing support even after the formation process has ended.
- LLC Kit
A logo-embossed binder, a seal embosser, stock certificates, and a customizable document library.
You obviously pay far more here but the extra value is worth it. This package is for those who don’t mind paying more than usual. It’s also for those who require the completely hands-off approach and appreciate the value that Harbor Compliance aims to deliver.
Harbor Compliance Reviews
There are honestly not too many Harbor Compliance reviews out there. But those that exist are overwhelmingly positive across three platforms.
They mostly seem to indicate that Harbor Compliance consists of many experts in the field who are willing to help every step of the way. Well, that’s a great way to confirm that what they say about themselves is actually true.
With that being said, it’s important to also note that there are a couple of complaints about their service. But just by looking at the facts, Harbor Compliance’s responses seem to indicate some misunderstandings.
Nevertheless, we advise you to take them with a grain of salt just like the positive reviews.
Is Harbor Compliance the Right Fit for You?
Harbor Compliance is definitely a great choice when compared to its competitors. Mainly because of their strengths which they share with only a few of them. With that being said, they’re obviously not for everyone and we’re here to help you decide for yourself…
Here are some reasons you may want to choose them over their competitors:
- You are interested in the full service (Compliance package)
- Your business is in a stage where the price of the Compliance package cannot be considered a huge investment
- You’re in a state where the compliance requirements are complicated
- You want an expert to give you guidance and support every step of the way
Now, it goes without saying that Harbor Compliance will not be a very good choice if you can only afford the Formation package. It’ll also not be the obvious choice if you are a startup and don’t require the work of the elite in this field.
If that’s the case, let’s consider some alternatives…
3 Harbor Compliance Alternatives to Consider