Incfile LLC Review: Best Business Formation Services of 2021?
by Benjamin Aronson
Updated May 4, 2021
Tired of struggling with filing complex taxes, banking, and bookkeeping of your business?
Incfile is an innovative online formation service that helps entrepreneurs get their business started the right way. They take care of the bureaucratic filing so that you can focus on your company.
Our team has formed many LLCs and spend countless hours using Incfile’s platform. In this review, we are going to go over everything that you need to know about Incfile so you can choose the best online formation service for your business’ needs.
They’re here to help you by providing the fastest and easiest ways to start your business.
Incfile presents its clients 3 different packages. As an entrepreneur myself, it’s important to really study what they offer to ensure you get what your business needs.
We’ll break it down for you one by one.
Silver – This is the basic option that Incfile offers and they will form your LLC for you for $0 + state fee. The main highlights in this package include:
Unlimited name searches
FREE Registered Agent for a year!
Prepare & Filing the Articles of Organization
This option is going to be a good fit if you’re looking to form your business and move away from the fancy “bells and whistles”.
Now let’s move on to the next package.
Gold — This package gives you everything the silver package offers and more. The Gold package costs $149+ state fees. The main highlights in this package include:
EIN (employer identification number) number
IRS Form 2553
An operating agreement
A banking resolution
Lifetime company alerts
Online access dashboard
Unlimited phone and email support
Business banking account
Business tax consultation
There is no doubt that this package adds a ton of value. If you are someone who’s looking to hit the ground running, then the gold package is for you.
Platinum — The platinum package is the top of the top! This package gives you everything from that gold and silver offers and some. The platinum packages cost is $299 + state fees. The main highlights in this package include:
Business Contract Templates
The platinum package would best suit an entrepreneur who wants the “works”. If you’re not so fond of the bureaucracy of filing a business and setting up your needed infrastructure, this is the package for you.
Or if you’re in a hurry and you need expedited filing Incfile provides you with this option in the platinum package so spending that extra buck will definitely be worth it!
Tell them about your idea — Try to elaborate as much as possible, so they can help you decide which option would best suit your needs.
Give details about your thoughts and plans for the project — Details are key when you’re trying to precisely describe your thoughts. Your idea should be clear and straight to the point.
Leave nothing out because meeting your expectations is their goal — Sometimes the smallest thing can make a big difference. Such as meeting expectations and exceeding them!
So, what’s happens next?
Once Incfile’s team revives your request, they will:
Review your request — Incfile will review our request. Once approved you will get access to your own personal business dashboard. From there, you can review all your order details to ensure everything is just as it should be.
Check provided information — They conduct a thorough name search with the state to ensure your company name is unique to you and not already taken. If you’d like to do a search for your business name now, you can use our Business Name Search tool.
Prepare filing — At this point, Incfile prepares and delivers the LLC to the governing agency. The filed articles along with any extra services and documents are accessible from your custom dashboard. You’ll receive a notification once they’re ready. All set!
It’s now time for you to get access
Once your set up with Incfile and they have filed your business, you now have access to their resources.
Incfile offers you a suite of startup services to support businesses after formation for the lifetime of their business this includes:
Access to 25+ business contracts
Lifetime company alerts
Business formation kit
Preparation and filing of taxes including IRS Form 2553
Statement and resignation of the incorporated
Online order status tracking and express shipping
All this information is available on your custom business dashboard.
Incfile: Pros and Cons
Providing FREE formation services ($0 + state fees)
Unlike most platforms nowadays that provoke you to test them out, only to find out that they’re hiding fees and charges.
The extensive experience they provide for you!
Incfile has made 250,000 plus happy customers in almost 20 years. It is quite an achievement to serve that large number in a relatively small-time.
The full year of the registered agent at your service for FREE!
Incfile provides you with a full year of registered agent services completely FREE. After that, Incfile offers you these services at a lower price than its competitors.
The Lifetime alerts that you’re going to receive
Incfile sends you lifetime alerts about statistics, licensing renewal and annual reports. Also, about employment contracts and many more through SMS and emails. Helps you to keep track of deadlines as well.
The Real Feedback that you can see from other people
Going over the customer reviews of a company providing a service is super important! We read over countless reviews and aside from using Incfile ourselves to form LLCs, Incfile has maintained an exceedingly high customer rating with more than 17,800 positive reviews.
They provide user-friendly customer support for you
The customer support center of Incfile allows you to communicate with extremely helpful representatives. You receive incredible support from the Incfile customer care on emails and phone calls.
Benjamin is the Co-Founder and CEO of FinancePond. He worked at a private accounting firm before he created FinancePond. Benjamin is an entrepreneur at heart and firmly believes in strong personal finance and investing education. He has a passion for finance and his goal is to cut out the fluff and make personal finance simple for everyone.