· Introduction ·
As if it were not complicated to have a project, also when we start we have to go through all the paperwork, inconveniences and fears of registering it.
Many businesses are slow to obtain their permits due to errors in the paperwork, lack of information and in some cases not having the information up to date.
Creating an LLC is important and has many benefits for entrepreneurs as well as for businesses that have not been regularized, but cost can often be an important factor when making the decision to create an LLC.
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This is where IncAuthority comes in. They are a registered agent service provider that offers assistance in registering businesses, but they do it for FREE. In this review post, we will take a detailed look at the services that they offer, and the pros and cons of using their services.
· Summary ·
Inc Authority, LLC
Pros
- 100% FREE LLC Registration
- Excellent customer service
- FREE first year of registered agent service
- You only pay for what you really need or want
Cons
- Must call in during weekday business hours
- Strict no-refund policy for add-ons
- No pricing listed on website
· Services·
IncAuthority, LLC, like the other registered agents on the market, it offers a wide variety of services, and although most are not included in its basic package, it is FREE.
The main services you will find with IncAuthotity are:
Registered Agent Service (1yr)
Verify Business Name Availability
Custom State Filed Articles
Complete Operating Agreement or Bylaws
Deluxe Record Book
Ownership or Stock Certificates
Initial Meeting Minutes & Resolutions
EIN/Tax ID Number
Corporate Forms Package
Annual Compliance Notifications
Professional Tax Consultation
Web Domain + 5 Email Addresses
INC Success Advisor Package
Private Banking Specialist
Personalized Business Advice
Expedited Filing
Remember, the FREE Package only includes:
- Business Name Check
- Preparation & Filing
- First year Registered Agent Service
- S-Election Form
- Digital Storage & Delivery
- State and Federal Tax Planning Consultation
- Business Credit & Funding Analysis
You can learn more Here.
· Prices ·
As we mentioned, Inc Authority’s basic services are free at first, but they have some add-ons and other premium bundles that do have a cost.
The main costs are:
From the second year of registered agent service $99.00 per year.
Premium packages:
$299.00 | $499.00 |
|
---|---|---|
Registered Agent Service (1yr) | ||
Verify Business Name Availability | ||
Custom State Filed Articles | ||
Complete Operating Agreement or Bylaws | ||
Deluxe Record Book | ||
Ownership or Stock Certificates | ||
Initial Meeting Minutes & Resolutions | ||
EIN/Tax ID Number | ||
Corporate Forms Package | ||
Annual Compliance Notifications | ||
Professional Tax Consultation | ||
Web Domain + 5 Email Addresses | ||
INC Success Advisor Package | ||
Private Banking Specialist | ||
Personalized Business Advice | ||
Expedite Filing |
· Pros·
One of the biggest advantages is their FREE LLC formation service.
They also have a user-friendly website that makes it easy to access their services and track your documents.
The other major difference is their FREE first year of Registered Agent Services. The reality is that having a registered agent could be very beneficial for your business and having this service for free gives you the possibility to take advantage of it, try it and decide if it is for you or if you need a more robust package.
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Although many believe that it is a disadvantage, the reality is that having a free basic package and being able to add only the services you need separately, at first it may seem more expensive, but as you have experience with your business, you will realize that many things will automate and you will see the advantage of removing and adding services as you go.
· Cons ·
The main drawback to the IncAuthority is the lack of transparency in its prices. Here we share some of them with you, the reality is that you will not be able to see them on their page until you have decided to use their services.
Even though, their basic package IS FREE.
Another thing that sometimes doesn’t please is the fact that any purchase of add-ons you make has no refund. This is understood in the sense that they are going to open your business at no cost.
The last disadvantage that we saw is that although they say that they are completely Online. The reality is that to complete the process you will need to have a call during normal working hours from Monday to Friday, which limits the possibility of doing it on the weekend or at night at home, although we do not believe this will affect much.
· Why?·
Why would we choose IncAuthority? The reality is that it is an excellent option in only 2 cases:
- Low Budget:
- You have a limited budget and want to open your LLC without incurring the time and costs.
- You need a registered agent and right now you cannot invest or make the expense.
- You are an experienced business person and you only need them to set up the company without giving you any other service.
IncAuthority
Business Formation Promotion-
LLC
-
1yr Registered Agent Service
-
Corporation
· Conclusion·
Is IncAuthority for you?
That is an answer that only you can answer, but if you want to take advantage of all the benefits of having a properly established LLC and you consider that at the moment you do not require more services, then take advantage of its free service where you only pay the state fees that are 100% deductibles.
If you consider that what they offer is not enough for you, we recommend you read our article about Northwest Reistered Agent LLC and thus be able to compare the differences in services and offers between the companies that charge and the free offers.