Founded in 1998, LegalZoom is the world’s leading online legal services provider for individuals and small businesses. They help people file their taxes confidently by providing a comprehensive range of tax-related products and tutorials to ease any confusion. LegalZoom is a company that provides legal services for businesses. They provide formation, marketing, and compliance services. LegalZoom has been reviewed by 2020. LegalZoom is one of the world’s biggest online legal platforms. They offer a wide variety of legal services to both corporations and individuals. The firm was founded in 2001 when the founders saw a need for inexpensive legal assistance for all Americans. In today’s world, they’ve serviced over four million individuals around the country.
LegalZoom has been providing company creation services since its inception. LegalZoom has over two decades of expertise in this field and has assisted in forming millions of firms. LegalZoom is a market leader in the company creation field is an understatement. This firm is by far the most popular on the market right now—and for a good reason. Is LegalZoom the best option for you? This guide will assist you in finding an answer to that query. Whether you’re ready to start your own company, keep reading to discover if LegalZoom can help. Become a member of LegalZoom now.
Services for forming a business at LegalZoom
LegalZoom, as previously stated, provides a wide range of legal services. You may find anything from copyrights and trademarks to real estate contracts and living trusts on this website. However, for the sake of this article, we’ll concentrate on LegalZoom’s company creation services. The three basic types are LLLP services, LLC incorporation services, and registered agent services. The following evaluations examine LegalZoom’s programs, price, advantages, and client feedback in detail.
Services provided by LegalZoom LLC
LegalZoom has helped over 2 million companies create LLCs. There is no other online forming solution on the market that can match this volume. The popularity of LegalZoom’s LLC services is no accident. They nailed it to ease of use and pricing, making it simple for anybody to get started.
The creation of an LLC may be summarized in three easy steps:
- First, give specifics about your company.
- Next, LegalZoom suggests services based on your requirements.
- Then, choose your bundle and leave the rest to LegalZoom.
It doesn’t get much more straightforward than that. To get started, verify the availability of your company name on LegalZoom. You may skip this step if you haven’t settled on a name yet and come up with one later. After that, choose the state where you want to create an LLC (most people pick their home state). Next, LegalZoom will ask you a few additional questions, such as when you intend to open, what your company does (restaurant, consultancy, dry cleaning, technology, etc. ), and if you want to recruit staff in the first year. LegalZoom will begin recommending services after you’ve answered these questions.
Choose one of the following packages if you want LegalZoom to handle your LLC paperwork:
- $99 for a one-year operating agreement
- $159 for an operating agreement and an EIN (tax ID).
- $199 for an operating agreement, an EIN, and licenses.
An EIN is required for every company. So, unless you want to go via the IRS and file one yourself, you’ll want to start with the mid-tier plan. It makes sense to pay the additional $40 for their entire coverage plan at that moment. LegalZoom will handle all federal, state, and municipal permissions and licenses. In addition, you’ll be able to customize your LLC creation package by adding legal protection and counseling. This package includes unlimited 30-minute consultations, tax advice, and more. The extra service is free for the first ten days and then costs $39.99 per month after that. There’s also a $280-per-year legal bundle called “Total Compliance.” Again, you may try it out for ten days for free.
Last but not least, you’ll be asked to choose a filing package for your LLC:
- $79 + state fees (Economy)
- $329 plus state fees are the standard prices.
- $349 plus state fees for Express Gold
A company name availability search, certificate of incorporation, LLC filing, tax savings analysis, and a digital LLC welcome package are all included in all plans. LegalZoom will communicate with the Secretary of State on your behalf and check that all your documents are correct before submitting them. The filing speed is the most notable difference between the three programs. The actual length of time will differ from one state to the next. However, in average, Economy takes 30 business days, Standard takes 15 days, and Express Gold takes 10 days. Priority assistance is also included with the Express Gold subscription, which is available seven days a week. LegalZoom’s registered agent services start at $249 per year when combined with an LLC package. Once your purchase is complete, all you have to do now is sit back and relax while LegalZoom takes care of your LLC filing. If you want to launch an LLC using the most popular formation service in the world, look no further than LegalZoom.
Incorporation Services from LegalZoom
LegalZoom’s incorporation services are likewise quite popular. In fact, LegalZoom has helped over 400,000 businesses form. The platform allows you to create a C company or an S corporation. According to LegalZoom, around 70% of their clients choose the S-corporation option. But don’t think your choice is permanent; you may always change your mind afterward. It’s worth noting that choosing the S-corp route will cost you an extra $60. It’s also beneficial that the webpage discusses the distinctions between the two sorts of corporations.
The procedure of forming a corporation with LegalZoom is identical to that of forming an LLC. First, you’ll answer a few questions and choose your service choices before LegalZoom takes care of the rest.
Here’s a short rundown of the incorporation options and costs:
- $149 + state fees (Economy)
- $329 plus state fees are the standard prices.
- $349 plus state fees for Express Gold
All plans include a company name check, incorporation paperwork filing, articles of incorporation, and lifetime customer service. You’ll also get a “next steps guide” from LegalZoom, which describes what you need to do when the organization is formally constituted. You can relax knowing that all of your i’s have been crossed and all of your t’s have been crossed on your documentation when you use LegalZoom. This is referred to as a “peace of mind evaluation.” A deluxe organizer (a binder with all of your incorporation documentation), 20 customized share certificates, an official business seal, and fast processing are included in the Standard package. You may upgrade to Express Gold for an additional $20 for expedited processing and delivery with your Secretary of State. There is a different $50 price to form a professional company (law, medicine, dentistry, etc.). The registered agent charge begins at $249 per year when purchased with an incorporation formation package, with renewal prices subject to change.
Here’s a short rundown of how much your incorporation documentation will cost:
- $99 for corporate bylaws and resolutions
- EIN, bylaws, and resolutions $159 —
- $249 for bylaws, resolutions, an EIN, and company licenses majority of businesses choose the third option. Because you’ll need all of them at some point, it’s a good idea to acquire them from LegalZoom while you’re getting started. Before you complete your transaction, LegalZoom will offer you certain upsells for legal services and compliance. In most circumstances, they are optional and not required. Once your incorporation is complete, all of your documentation will be accessible for digital download. All of the bundles come with this convenience. Choose the Express Gold plan for the quickest processing periods if you need your documents submitted right away.
Registered Agent Services from LegalZoom
A registered agent is required for every company. So if you’re forming an LLC or company with LegalZoom, it makes sense to employ their registered agent service as well. LegalZoom is the registered agent for over one million companies in the United States.
Here’s a quick rundown of what LegalZoom’s registered agents will be doing on your behalf:
- Documents from the courts (if you get served)
- Official letter from the government
- Notifications of state taxes
- Announcements from the Secretary of State
- Notices of Annual Reports
- Shredding of junk mail
LegalZoom also provides data security and monitoring for businesses, unlimited cloud storage, and a compliance calendar approaching filing deadlines. Some of these things will cost you extra money. The annual registered agent plans start at $299. If you employ LegalZoom’s LLC or incorporation creation services, as I mentioned above, your first year is lowered to $249. If you’re forming an LLC or company with LegalZoom, adding the registered agent service is a no-brainer. If you already have a firm, though, you may be able to locate a more cheap registered agent elsewhere.
Pricing and Value in General
LegalZoom is not a cheap service. So this is not the ideal choice for you if you’re seeking the very lowest pricing on the market for a company creation service.
Here are the beginning prices for some of the most popular services:
- For example, forming a limited liability company (LLC) costs $79 plus state expenses.
- The cost of forming a corporation starts at $149 plus state costs.
- The cost of a registered agent starts at $299 per year.
At first look, this does not seem to be an excessively high figure. However, once you begin the process, you’ll soon learn that you’ll want more than the basic minimum—things like an EIN, operating agreement, and corporation bylaws all come at a cost. In addition, neither of the company creation plans includes registered agent services. If you sign up for a LegalZoom formation package, you’ll enjoy a discounted fee of $249 for the first year. Other companies on the market give registered agent services for as little as $100. Some company creation packages even offer complimentary registered agent services. However, don’t allow the increased fees deter you from using LegalZoom. They provide dependable and trustworthy services. You may also add extra legal consulting services to your package at any time. Then LegalZoom can serve as a one-stop-shop for all of your legal requirements.
User Interaction
The process of forming a company with LegalZoom is rather simple. First, you’ll discover a wide selection of legal services on the site, and the company formation area is straightforward to access. After that, it’s merely a question of selecting your entity type and following the directions from there. Here’s an example of how an LLC is formed:
After answering this easy yes or no question, you’ll continue filling out further form fields.
This is, once again, as plain as it gets. Answering these questions and finalizing your bundle takes less than 10 minutes. You’ll have to manage some upsells along the road, but most of you won’t need the additional services. If you change your mind, it’s simple to add them on afterward. First, ensure that your papers, filing, EIN, and registered agent are in order. Then, it’s only a question of waiting after the order is complete. Some clients have expressed dissatisfaction with the speed with which their files are processed. You may speed up the procedure by selecting a different package during checkout. It takes 30 business days to submit an entry-level plan.
Customer Service
The degree of assistance varies depending on the kind of company and the plan you choose. All incorporation packages, for example, provide lifetime assistance seven days a week. However, if you’re incorporating an LLC, only the Express Gold option offers lifelong assistance seven days a week (the highest tier). For queries about their firm creation, everyone else will get ordinary help. LegalZoom consultants are accessible via phone, email, and live chat Monday through Friday from 5 a.m. to 7 p.m. PT, and weekends from 7 a.m. to 4 p.m. PT, if you need help before signing up. LegalZoom guarantees your complete pleasure. Of course, there are several caveats to this claim. However, if you are dissatisfied with your service, you have 60 days to obtain a refund. There are no refunds for state filing costs or government expenses.
The Final Word
In the field of company creation, LegalZoom is a market leader. They’ve aided in forming millions of enterprises in all 50 states. So, it’s a realistic choice to explore for LLC creation, company formation, and registered agent services. Another advantage of using LegalZoom’s services is the legal component of their offerings (hence the name). They’re also a reliable source of legal counsel and attorney consultations. So, if you’re looking for a one-stop-shop for all of your legal needs, go no further than LegalZoom.
Frequently Asked Questions
Is LegalZoom trustworthy?
A: While I am not aware of any shady dealings LegalZoom has done, it is possible. It would be best to do your research before using them for legal assistance with anything.
Is LegalZoom worth using?
A: They are a reliable company with quality staff who provide trustworthy services.
Should I use a service to start an LLC?
A: I would say that it’s up to you if you want to use a service or not. You can always do your LLC on the free side and then hire people later, but this is just my opinion.
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