A Seamless Experience with Incauthority for Business Formation
About Inc Authority
Inc Authority is a reputable company that specializes in providing business formation services in the United States. They offer a wide range of services to assist entrepreneurs in starting their own businesses, including LLC formation, incorporation, and obtaining necessary business licenses and permits.
One of the key advantages of using Inc Authority is their straightforward and user-friendly process. Their online platform guides users through the necessary steps for business formation, making it accessible to individuals with little to no prior knowledge or experience in legal and administrative procedures. The platform provides clear instructions and prompts, ensuring a smooth and efficient registration process.
Inc Authority also offers a variety of packages to cater to different business needs. These packages often include services such as registered agent representation, document preparation and filing, and access to ongoing support and resources. Their pricing is competitive, providing value for money and allowing entrepreneurs to choose the package that best suits their requirements and budget.
Customer support is another notable aspect of Inc Authority. They have a team of knowledgeable professionals who are readily available to address customer inquiries and concerns. Whether it’s clarifying the registration process, explaining legal requirements, or providing general business advice, their customer support team is known for being responsive, helpful, and friendly.
Furthermore, Inc Authority has garnered positive reviews from many satisfied customers who have praised the company for their efficiency, professionalism, and reliable services. Their commitment to customer satisfaction and dedication to simplifying the business formation process has earned them a strong reputation in the industry.
In conclusion, Inc Authority is a reputable provider of business formation services, offering a user-friendly platform, comprehensive service packages, competitive pricing, and responsive customer support. Whether you are starting an LLC or incorporating your business, Inc Authority can be a valuable partner in navigating the complexities of business formation and ensuring a smooth and successful start to your entrepreneurial journey.
Smooth Registration Process:
One of the standout features of Incauthority is their streamlined registration process. The website interface is user-friendly and intuitive, making it easy to navigate through the necessary steps. The platform provides clear instructions and guidance at each stage, ensuring a hassle-free registration experience. I appreciated how they simplified complex legal procedures, allowing me to complete the LLC formation process quickly and efficiently.
Throughout the registration process, I had access to Incauthority’s knowledgeable and responsive support team. They were prompt in addressing my queries and concerns, offering valuable guidance whenever needed. The team displayed a high level of professionalism, demonstrating their expertise in business formation matters. Their prompt and courteous assistance further enhanced my experience with Incauthority.
Comprehensive Service Offerings:
Incauthority offers a comprehensive range of services beyond LLC formation. They provide additional services such as EIN (Employer Identification Number) acquisition, registered agent services, and compliance assistance. This extensive suite of services ensures that entrepreneurs and business owners have access to all the essential tools required for successful business establishment and ongoing compliance.
Inc Authority LLC plans and Pricing
Another aspect that impressed me about Incauthority was their competitive pricing structure. They offer affordable packages that cater to different business needs and budgets. The transparent pricing model helped me select the appropriate package without any hidden costs. I found their pricing to be reasonable, considering the comprehensive services and expert support provided.
Unlike many of the company formation services on our Best LLC Services of 2023 list, Inc Authority’s business model shies away from prepackaged LLC plans and focuses on custom offerings. While prepackaged plans are available, they are pricey, and most business owners won’t ever find them because they require calling and speaking with a sales representative. Instead, Inc Authority primarily makes use of a sales pathway that allows users to build their own plan and add on the services they need. Therefore, pricing is up to you. It’s possible to get free LLC filing with Inc Authority if you don’t add on any additional services; however, according to company representatives, not many business owners go through the process without adding on at least one service.
Every LLC filed by Inc Authority, including its free LLC services, comes with the following:
- Business name check (within your state).
- Preparation and filing of formation documents.
- One year of free registered agent services.
- Optional preparation and filing of the S-Election document Form 2553 with the IRS.
- A digital copy of your articles of organization or articles of incorporation.
- INC CARE support via email or phone.
- A tax planning consultation (state and federal).
- A business credit and funding consultation.
If you need additional services beyond what is offered for free, we recommend going through the normal pathway on Inc Authority’s website. Choosing a prepackaged plan will likely cost you significantly more than you would otherwise pay by building your own service.
Note: Regardless of which provider you choose for your LLC filing services, even free LLC services will require you to pay state filing fees.
Inc Authority offers four different business formation bundles. Their website layout is a bit confusing, so we’ve added a direct link to their three premium bundles here.
Inc Authority’s most basic $0 bundle isn’t listed on their bundle page at all. Rather, service descriptions for it are on the front page. Most other pages on Inc Authority’s website also have a click-through option where you can start a basic (Entry) bundle formation.
A pricing chart, with key services and their costs, is included below. State fees are not included here.
The company’s three “premium” bundles are priced at $399, $499, and $799. Each includes several additional services, beyond what’s listed on the chart above.
And although Inc Authority’s Entry bundle is free (not including state fees), you will be prompted with several paid add-on options when you’re near checkout.
Below, you’ll find a quick summary of all the services offered in each bundle.
Entry Formation – $0 + state fees
Inc Authority’s most basic bundle is free and includes several essential services, like Articles of Organization filing and a registered agent service.
We’d recommend this bundle to those looking for a bare-bones formation at a low price.
The entry formation bundle includes:
Business name verification: A search that ensures your business’ name isn’t already taken before you start filing. Most states’ Secretary of State office websites have this feature for free.
Custom state filed Articles of Organization (LLC) or Articles of Incorporation (Corporation): The official, founding documents for your LLC or corporation, filed with your state’s Secretary of State office.
One year free registered agent service: Registered agents (RAs) must be available during business hours to receive official/legal correspondence. Some opt to do this themselves, but there are benefits to using an RA service.
INC Care support: Basic customer support, available weekdays during business hours (Mon – Fri, 8 am – 5 pm PST).
S-corp election form (optional): You can elect to have your corporation or LLC given S-corp status, through IRS Form 2553. This may offer some tax or organizational advantages.
Digital storage and delivery: All formation-related documents are stored digitally with your account, so you have easy access to them whenever you want.
Tax planning consultation: Includes one hour of tax consultation, where an expert will answer your tax-related questions and suggest ways to maximize your net earnings. This consultation is done by a third party.
Business credit and funding analysis: Advice on credit and funding options, tailored to your business’s specific needs and industry.
Starter Bundle: $399 + state fees
Inc Authority’s starter bundle represents a big step up, price-wise, from its Entry bundle. While it includes some valuable services, it also includes unnecessary addons, such as EIN filing and a company record book and seal.
We don’t recommend using this plan, because the added value is not worth the extra $399.
If you need an Operating Agreement, we’d recommend going with the Entry bundle and buying the Operating Agreement as an add-on.
Standard includes everything in the Entry bundle, plus:
Operating Agreement for LLCs/bylaws for corporations: A key document for LLCs, the Operating Agreement outlines a business’ structure and ownership. Bylaws are the comparable document for corporations.
Record book and company seal: A personalized record book and seal for official correspondence. While it looks nice, it does not meet any legal requirements.
Initial meeting minutes and resolutions: A personalized template for minutes and resolutions – relevant to businesses with multiple stakeholders/members who intend on holding regular meetings.
Stock or membership ownership certificates: Personalized certificates that signify ownership shares of your LLC or corporation. A nice touch, but not legally required.
Employer Identification Number (EIN): Filing for an Employer Identification Number (EIN) with the IRS. An EIN acts like your business’s social security number. You’ll need one if you hire employees or open a business bank account. This can be done for free on the IRS’s website.
One year of INC Care success advisory services: According to Inc Authority’s description, advisory services include customer support for the following:
- IRS notifications and audits
- Tax and Accounting
- State and Local Business Licenses
- Lawsuit Defense
- Payroll and Business Funding
- Business Banking and Credit Cards
It’s unclear what, exactly, this “support” entails though.
Executive Bundle: $499 + state fees
Inc Authority’s Executive Bundle includes a $100 price increase but only adds a couple of services. While its business license report is useful, we recommend going with specialists for domain hosting and website setup.
For that reason, we don’t recommend this bundle.
Executive includes everything in the Standard bundle, plus:
Business license report: Access to software that will allow you to quickly search for all the permits and licenses relevant to your business.
Website domain: Domain hosting for a business website, provided through a third party (GoDaddy).
Tycoon Bundle: $799 + state fees
Inc Authority’s Tycoon bundle is one of the most expensive formation bundles out there. The added services are mostly partner-related, having to do with lines of credit and loans offered by third parties.
As we recommend going directly to a trusted bank or lender for such services, we don’t recommend buying the Tycoon bundle.
Tycoon includes everything in the Executive bundle, plus:
Express processing: Your application is prioritized within Inc Authority’s system, meaning your filing “jumps the line” and will go through faster. If this is equivalent to Inc Authority’s “expedited” add-on option (available with other packages for $49), it means your documents will be sent to state authorities on the next business day.
Business credit coach: A three-month “credit coaching” service that offers info on how to build your company’s creditworthiness.
Multi-tiered credit building system: A process designed to quickly increase your business’ creditworthiness. Unfortunately, details on this process are scant.
Business credit LaunchPad: Similar to the two services above, LaunchPad uses informative software to help you learn about ways to build credit.
D&B Credit Bureau registration: Registration with a reputable business credit rating agency. D&B (Dun & Bradstreet) is one of the three main credit bureaus that provide business credit scores – works similarly to an individual credit score.
Inc Authority and Incfile are similar when it comes to pricing and features. They both offer a free plan that includes a free year of registered agent services, name availability searches, online document access and the filing of your articles of organization.
Incfile’s registered agent service renewal is slightly more expensive than Inc Authority. After the first year, Incfile charges $119 per year for registered agent services, while Inc Authority only charges $99 per year. Though, you may be able to save more money with Incfile overall. Incfile offers customers the option of two paid plans starting at $199 (Gold plan) and $299 (Platinum plan), whereas pricing at Inc Authority depends on the services you choose to add to your plan. If you find that the services you want cost more than $199 with Inc Authority, check to see if your needs can be met by Incfile’s Gold plan.
Is Inc Authority right for your business?
Inc Authority is a great choice for budget-conscious business owners who want an affordable way to form a new LLC or corporation. If you don’t add on any services to Inc Authrity’s LLC filing, you can file your formation documents, receive a free year of registered agent services and meet with tax planning and business funding consultants for the price of just your state filing fees.
However, if you’re looking for a simple company formation package that includes everything you need, Inc Authority isn’t your best option. Prepackaged plans aren’t part of Inc Authority’s primary business model and are far more expensive than competitors. Inc Authority is best suited for business owners that know exactly what they need and want a custom plan without the additional frills.
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