With the rapidly growing popularity of cryptocurrencies and the blockchain, several companies have emerged offering various services to help people start their cryptocurrency businesses. However, what are these companies like? How does this new industry compare with traditional business opportunities? This is an overview for investors on Inc Authority’s review process and some resources worth spending time learning about. One of the most dependable and trustworthy brands in the company creation market is Inc Authority. They’ve helped tens of thousands of LLCs and companies incorporate over the last 30 years. The firm is noted for its affordable prices and ease of use. Inc Authority, in reality, provides free company creation services (more on this shortly). Inc Authority has been utilized by entrepreneurs in all 50 states as a one-stop-shop for launching a firm. Inc Authority also provides tax preparation, retirement planning, accounting, fundraising, company credit, and other services in addition to firm formation plans. Inc Authority has you covered if you’re seeking a cost-effective solution to form an LLC or company without the stress of completing paperwork on your own. Is Inc Authority the best option for you? This comprehensive evaluation will provide you with all of the information you want regarding their services. After reading this guide, you’ll be able to make an educated selection based on your requirements, from plans and price to actual user reviews. Are you ready to begin? Become a member of Inc Authority now!
Business Formation Services by the Inc Authority
Inc Authority, as previously said, provides a diverse range of services. However, the corporation is best recognized for its business creation services, which will be the subject of this examination. LLLP services, incorporation services, and registered agent services are the three primary kinds of services. Below, we’ll go through each of them in further depth.
Services provided by Inc Authority LLC
The LLC services provided by Inc Authority are the company’s most popular offerings. They make it simple for anybody to form a new limited liability company (LLC) online—for free. That’s right, you read it accurately. Inc Authority is one of the few organizations on the market that provides utterly free LLC creation services.
It’s pretty simple. Choose your state and provide basic information about your company, and Inc Authority will take care of the rest. They’ll first check with the condition to see whether your company name is available. They’ll next develop and file your LLC paperwork, as well as submit them to the state. Inc Authority also offers tax planning advice, company financial analysis, and great phone and email customer service. Another major advantage of registering an LLC with Inc Authority is having digital access to your paperwork. Everything will be supplied to you electronically and saved in an online client portal for convenient access. The list of free services doesn’t end there. When you incorporate an LLC with Inc Authority, you’ll enjoy a year of free registered agent services.
An employer identification number is one of the upsells you’ll notice throughout the registration process for your free LLC (EIN).
This service costs $49 from Inc Authority. You might save money by applying for a free EIN straight from the IRS. However, getting one through Inc Authority and avoiding the fuss is more convenient. Other LLC providers charge $75 or more for an EIN, so $49 isn’t bad in comparison. The only payments you’ll have to make are state filing costs, apart from the EIN. The amount varies depending on the state. The free package does not include an LLC operating agreement. All banks require an operating agreement. This paperwork is necessary to establish a new account and serves as confirmation that you control the LLC. Agreement on operating also guarantees that the courts uphold your liability safeguards. It lays down the guidelines for how your LLC’s revenues are distributed and decisions are made. The cost of adding an operating agreement to your LLC plan is $89. A legal document bundle is also available through Inc Authority. There are ownership certificates and LLC seals in this folder. If you’re ever audited by the IRS or sued by a third party, you’ll need this bundle.
The $99. legal papers services add-on is available. You’ll also have the opportunity to upgrade your order to expedited processing. Your purchase will be moved to the head of the queue for $49 if you pay this charge. Inc Authority will analyze the information right away and send it to your state the next business day. Upsells for domain registration and success adviser services are coming in thick and fast. Most of you will be able to ignore them. Overall, Inc Authority is a trustworthy free LLC registration service. There will be a few upsells along the road, but you may decline most of them and handle them independently.
Incorporation Services by the Inc Authority
Inc Authority may also be used to incorporate a company. S Corporations and C Corporations are both included in this category. Inc Authority’s incorporation services are likewise free, and you have to pay the state charge. However, it’s pretty simple to get started. Go to the Inc Authority website and choose your company type and state to get started.
If you’re having trouble deciding which entity type is best for your business, Inc Authority offers some helpful tools to assist you decide.
Here’s a short rundown of everything you’ll receive for free with Inc Authority’s incorporation services, similar to the LLC services:
- Check the spelling of your company’s name.
- Incorporation documentation is prepared and filed.
- IRS Form 2553 S-Election paperwork
- For a year, you may use a free registered agent.
- Online access to incorporation papers and digital copies
- Expert assistance is available (phone and email)
- Consultation on tax planning
- Analyze the financial situation of your company
All of these services are, once again, completely free. There are no strings attached, and all you have to do is pay the state filing costs. Inc Authority does, however, provide you with certain upsells along the purchase process. The first is an employer identification number (EIN) (EIN). This costs $49 from Inc Authority. It’s something you’ll need, so acquiring it while you’re finishing up your purchase makes sense. Your business bylaws may also be customized by Inc Authority. This service will set you back $89. They also provide a legal document bundle. CustomiInc Authority may also customize your business, and a formal incorporation seal is included in the package. All of this will set you back $99. You’ll also have the option of paying $49. to have your papers processed faster. Domain registration and success advice services are two further upsells. These are available for $10 and $27, respectively. These may be skipped. Again, you may set up a C-Corp or S-Corp for free using Inc Authority’s incorporation services. Will there be any upsells offered to you along the way? Yes, but it’s not a major issue. Continue and skip the ones you don’t need.
Registered Agent Services by Inc Authority
Inc Authority’s registered agent services are top-rated. As previously stated, you’ll receive a free registered agent for a year if you create an LLC or incorporation with this service provider.
Inc Authority will operate as a responsible third party with a physical location in the same state as your firm as your registered agent. They may receive official government documents on your behalfs, such as tax forms or litigation notifications. Although you may legally be your own registered agent, we do not recommend it. During office hours, the registered agent will be present to take statutory notice on your behalf. Unfortunately, there’s no accurate information about registered agent price after the first year’s free service. I used the Inc Authority website’s live chat feature to contact a customer service agent for a quotation. Although the agent answered in less than 30 seconds, they could not provide me with an accurate number. “Registered agent price varies based on the state and company type,” I was informed. Only by speaking with an agent over the phone about your specific circumstances can you acquire a precise quotation. This is a bit of a pain, especially because other sites are more open about their registered agent fees. However, you can’t expect everything to be flawless while utilizing a free service.
Pricing and Value in General
The services provided by Inc Authority for forming a firm are entirely free. Those free services are available whether you’re developing an LLC, C-Corp, or S-Corp:
- First, check the name of the company.
- Preparation and submission of entity formation documents
- Form 2553 of the Internal Revenue Service
- For one year, you may use the services of a registered agent.
- Delivery and preservation of digital documents
- Support by phone and email
- Consultation on tax planning
- Analyze the financial situation of your company
Several distinct upsells will be provided to you as you go through the purchase process:
- $49 for an employer identification number (EIN).
- $89 for an operating agreement
- $89 for corporate bylaws
- Package of legal papers — $99
- $49 for expedited processing
- Domain registration costs ten dollars.
- $197 per year or $27 per month for INC success adviser
Depending on the add-ons you need, you will almost certainly spend more than $0.
These add-ons, however, are not required. If you want to start your company for free, you can manage things independently. The state filing fee is the only charge you’re obliged to pay. This figure fluctuates from one state to the next. If you want a lot of extras, one of the Inc Authority premium startup packages could be right for you. In certain circumstances, purchasing a bundle is less expensive than purchasing each service separately.
Because pricing for specific packages isn’t accessible online, you’ll have to contact Inc Authority to inquire about the price or ask questions about them. But, to give you a sense of what’s included in each bundle, here’s what you’ll find:
Starter
- Make sure the name you want is available.
- State-specific filing
- Operating agreement
- Bylaws
- The corporate seal and the record book
- Minutes of the meeting and the resolution
- Certificates of ownership
- Tax Identification Number (EIN)
- Credit and finance analysis for small businesses
- Consultation on taxes
- INC success advice services for a year
Executive
- Starter services in their entirety
- Report on a business license
- Domain name for a website
Tycoon
- Executive services in their entirety
- Processing in a hurry
- BizCredit Express is a financing company that specializes in small businesses.
- Coach for business credit
- Credit-building mechanism with many tiers
- LaunchPad is a business credit card.
- Registration with the D&B credit bureau
The Starter package is all you’ll need if you’re starting a company. The other two possibilities are likely to go above and above what you want. However, this will depend on your unique scenario, company, and requirements.
Inc Authority’s free plan is more than enough for most enterprises in terms of value. Because it’s simpler than doing it yourself, you’ll probably put on at least a few of the upsells. However, you are unlikely to find a better offer on the internet from a company formation provider that would allow you to check out for free (except for state fees).
User Interaction
Inc Authority provides a flawless user experience. I practiced with several entity types to get a feel for the process, and it only takes about 2-3 minutes from start to finish. Everything is quite simple, and even if you’ve never used a company creation service before, you’ll be able to figure it out. The only complaint consumers may have is that they are bombarded with upsells throughout the ordering process. However, those few more clicks are a little nuisance in exchange for not having to spend anything. When compared to the other company creation services we’ve looked at, Inc Authority may feature the most user-friendly interface. The interface and style are straightforward, and it nearly seems too simple.
Customer Service
You’ll receive limitless phone and email assistance when you join up with Inc Authority. For example, I contacted a customer service representative through a live chat with a price query. I was delighted with how quickly the agent answered. It was also reassuring to know that I spoke with a live person rather than a chatbot. While the agent I spoke with didn’t provide me with the answer, I was seeking, they swiftly connected me with someone who could answer my questions in further depth over the phone.
Conclusion
Do we think Inc Authority is a good idea? Absolutely. It’s one of the few utterly free company formation services available on the internet. For $0, you may create an LLC, S-Corp, or C-Corp (just paying your state filing fees). I’d advise you to add a few additions to your budget with that in mind. Get an EIN from Inc Authority at the very least. To save a little dollars, it’s simpler than dealing with the IRS directly. Inc Authority provides everything you need for your company, including LLC services, incorporation services, and registered agent services.
Frequently Asked Questions
How much does Inc authority cost?
A: The cost of the Inc Authority DLC is $5.99 USD, or € 5.49 EUR, and can be purchased on the PlayStation Store for your copy of Beat Saber PS4.
Is INC authority BBB accredited?
A: INC is not accredited by the BBB.
Related Tags
- inc authority packages
- inc authority reviews BBB
- inc authority vs. zen business
- inc authority vs. LegalZoom
- inc authority customer service