Business
Incfile Review – Should You Use Incfile for Your Business Formation Needs?
If you are looking for a company that can help you register your business in the US, then Incfile is one of the oldest and cheapest options. They have a simple registration process and include a free year of Registered Agent service.
They can register LLCs, S corporations, C corporations, and nonprofits. They can also file for a tax ID number and bank account.
Easy to Use
With a simple and easy-to-understand interface, Incfile makes business formation and compliance easier for entrepreneurs and small businesses. The company allows users to register LLCs, S corporations, C corporations, and nonprofits at a low price. They also offer a free year of Registered Agent service and fast turnaround times for filing.
Incfile’s pricing plans are broken down into three tiers with the Silver package being their advertised “free” formation option. Their mid-level Gold package is popular for its balance of cost and services. State fees vary by state, so it’s important to research what these costs will be before choosing a package.
Incfile has been around for more than fifteen years and has accumulated impressive customer feedback. Their reviews on Shopper Approved and Trustpilot give them high marks for being quick, affordable, and convenient to use. Their convenience features include tracking tools that many competitors don’t provide and the ability to store documents online. They also help entrepreneurs and small businesses with foreign qualification, which is necessary when expanding out of the country.
Affordable
Incfile pricing is competitive with other top business formation services, such as LegalZoom and ZenBusiness. Their price for forming an LLC depends on which package you choose and any add-ons you select. They offer a variety of package options, starting at $0 plus the state fee with their Silver tier.
A full service package costs $149, including a free year of Incfile’s Registered Agent service. Their Gold tier is a popular choice among small businesses. The included Registered Agent service is a major advantage that saves time and money for business owners who would otherwise have to file an annual report or pay someone else to do it on their behalf.
The company also offers additional helpful resources for entrepreneurs, such as a free startup guide and various entrepreneurial tools. However, some customers have found that it’s difficult to get help from the company’s customer support team. They may also feel that they’re being upsold to extra services they don’t need.
Easy to Track
When you choose Incfile, the company will help you track your business filings. They also provide a helpful dashboard that allows you to access important information and documents at any time. This is an essential feature for businesses that need to submit annual reports and tax returns.
The service can also help you register a fictitious business name (FBN), a necessary step if you want to operate under a different alias. It can also assist you in applying for foreign qualification if you need to do business in another state.
While other companies offer these services, few can match Incfile’s fast turnaround times. They can typically get your business papers processed and filed with the state in one business day. Plus, they will help you obtain your EIN within a few days. This is a significant advantage over many of their competitors. Their turnaround times are also backed by a money back guarantee. Check out Shopper Approved to see their impressive customer feedback.
Convenient
Obtaining an Employer Identification Number (EIN) for your business can be a daunting task. The process can involve multiple office re-visits and can be time-consuming. Incfile offers this service, along with state filing assistance, for a low price.
The company’s website is easy to use, and features how-to guides and interactive pop-ups to help users through the registration process. It also allows customers to track the progress of their business formations through an online dashboard.
However, customer support is a weak point for Incfile, with many reviews complaining of long wait times for responses to emails. The company also doesn’t provide phone support on the weekends. However, the company’s $0 plan and first free year of registered agent service make it a good option for small businesses. They offer a range of packages, and the Platinum package even includes an initial financial consultation to help entrepreneurs set up their company bank accounts and discuss tax information.