BetterLegal is a cloud-based software that helps users start companies, register trademarks, and perform other business-related work.
BetterLegal services simplify the LLC formation and incorporation process, offering templates for various legal documents required. This includes by-laws drafting, articles of incorporation, operating agreements, and shareholder agreements. BetterLegal provides these templates in 15 different languages, so international users can benefit as well.
The platform has a simple interface and powerful features that enable you to start the company formation process in less than ten minutes. Overall, the software helps you to save time, money, and effort.
Here’s our honest review of BetterLegal and how it can help you start a business quickly and easily.
BetterLegal, a web-based company software, offers a comprehensive solution for forming companies and other legal entities through its registered agent services.
The platform allows you to carry out all the necessary procedures to create a limited liability company, subsidiary, or branch of a foreign company within an operating agreement. This includes company registration in the country of establishment and other countries, address registration, tax registration, accounting records, tax accounting, and more.
More than 750,000 companies worldwide use BetterLegal software for their operations. That’s because it provides all the necessary information, forms, and documents to get started in just a few minutes.
This platform offers more than just the basics when forming a company. It also features a step-by-step guide and legal advice to properly create and set up your business. In addition, BetterLegal will help you choose a name for your company, set up your social media accounts, and more. It even serves as a contact management platform, enabling you to manage your contact details, create contracts, manage clients, and more.
The BetterLegal app is available on Android and iOS devices, allowing you to access it from anywhere.
BetterLegal Review: Key Features
BetterLegal is online software that easily registers your company and gets the ball rolling on your business needs. Whether starting a new corporation or domesticating an existing LLC, BetterLegal will get you moving as a leading formation service and virtual tax service provider.
Don’t just take our word for it—here are the features that make BetterLegal an incredible business formation services software with smooth operations, customer support, and filing services.
Fast Application Review Services
BetterLegal’s application review process and formation services are known as one of the fastest and easiest. Further, its registered agent service can file your documents in less than 5 minutes. The overall process is straightforward and convenient. You have to enter information like your personal bank account, select the type of business you want to form, and submit your documents. Additionally, the fee is much lower than other companies in the business formation industry.
Online Access
BetterLegal’s registered agent service offers online access to all its customers. So, you can easily file documents whenever you want and without having to go to an office or wait in line at a store.
This makes it more convenient for people busy with work or family life. You don’t have to worry about going elsewhere to file documents quickly. Instead, you can get business formation services at home!
Registered Agent Services
Registered agent service is one of the first things any new business owner needs. It enables you to receive official notices from state and federal agencies and other entities. BetterLegal offers their registered agent service at no additional cost when you use the company for formation services as well. BetterLegal also provides you with a list of pre-screened registered agents so you can choose one that fits your budget and needs.
BetterLegal’s software will help you do this quickly and easily by providing an all-in-one service for your registration needs. You just have to sign up online and provide some basic details about your business to get started. After that, the registered agent service included will take care of everything else for you.
State Compliance Services
Another key feature that Better Legal offers is its state compliance service, which allows you to keep track of all your necessary filings with the state government. This will help to ensure these important documents don’t expire or go unpaid. Keep in mind: the state filing fee varies depending on the state.
The state compliance service helps you comply with various legal requirements, such as registering with tax agencies, registering for unemployment insurance or workers’ compensation coverage with the proper government agency, and setting up an active bank account. The state compliance service also guides you on how to keep your business’s licenses, permits, and certifications in good standing with various government agencies.
Furthermore, the registered agent service also helps you apply for a sales tax license number, file annual reports or make quarterly filings, file tax returns on time, pay taxes on time if due, and keep current license permits, registrations, and other required paperwork.
Permit and License Search
BetterLegal review software offers a permit and license search service that allows you to easily find the right licenses, permits, and certifications for your specific business.
You can initiate your license search for free with the business name search service. You can search by keyword or location. The results will show you the necessary documents for different types of businesses and the corresponding corporation formation processes. Overall, this business formation company offers a permit and license search function that makes everything very simple and easy.
Amendment and Document Research
Once you’ve found the perfect business type for your needs, BetterLegal makes it easy to start setting up your new business.
All of the documents needed for incorporation are located in one central hub. This may include an operating agreement for LLC formation, a banking resolution to formally authorize the opening of a company bank account, and other helpful documents. BetterLegal’s business formation filing services make it easy to find what you’re looking for and file what you need to.
This feature also enables you to make amendments to documents, such as articles of incorporation, certificates of incorporation, bylaws, etc. The registered agent service also provides information on how to create amendments for certain documents, like certificates of good standing and articles of merger or consolidation.
Adding Shareholders
Once your company is established legally, there may be certain situations where adding shareholders would financially benefit both parties involved. You can add up to 50 shareholders, which is excellent if you plan to have a large team overseeing the company. BetterLegal’s registered agent services make it easy to keep track of who owns what percentage of your company. You can also assign voting rights and allow shareholders to transfer their shares through the platform.
Registering and Domesticating Foreign LLC
If your company is headquartered in one country and operates in another part of the world, BetterLegal’s service for registering and domesticating foreign LLCs can be helpful. Plus, there are many benefits associated with incorporating in America.
BetterLegal helps you register or domesticate your foreign LLCs as an American corporation without having to relocate your company’s headquarters to America (which would be costly).
BetterLegal services make this process painless by providing step-by-step instructions on how to complete the registration process through its LLC or corporation formation software platform. You’ll receive an email notification once your foreign LLC is registered in America. All you have to do is sit back and wait for your certificate of good standing.
Reinstating or Terminating Corporation Status
If you have a corporation and want to dissolve your business, you can do so by submitting the appropriate documents to the state. If you want to continue running your business, but simply need to stop doing business as a corporation, this is also possible. You can then reinstate your corporation status at any point in the future.
However, terminating or reinstating corporation status can get complicated fast. BetterLegal makes this process simple with their filing services. The software compiles all the forms required for termination and reinstatement, along with instructions on completing them correctly.
Certificate of Good Standing Generator
BetterLegal review software provides certificates of good standing as part of its formation services. These certificates are typically in response to requests from other companies and individuals.
They may be interested in learning more about your business and the corporate structure outlined throughout the operating agreement. For example, suppose someone wants to do business with you but needs proof that your company is legitimate. In that case, they can request a certificate of good standing from your company.
BetterLegal offers this service at no additional cost (not including any fees charged by the third-party requester). Unfortunately, this service is not available for other entities such as trusts or partnerships.
Corporation Profile Changes
If you need to change any of the information in your corporation’s profile, it’s possible to do so with BetterLegal. This includes changes to your principal office address, shareholder contact info, corporation name, or registered agent service.
With this feature, you can keep all of your information up-to-date without worrying about whether or not your company is still valid in the eyes of the state or other entities. However, this service is only available if you have an active subscription with Better Legal.
Virtual Tax Service
You can get a tax analysis, insurance evaluation, and additional services with this leading virtual tax service for entrepreneurs. This tool is a great way to prepare for tax season, automatically uncover deductions, categorize expenses, and maximize savings.
BetterLegal Review: Pricing
BetterLegal is an excellent software for formation and filing services. But how much is it going to cost you?
BetterLegal offers multiple pricing tiers, including one-time payments for LLC formation and corporation formation services, along with subscription packages for additional services.
Business Formation Services
- LLC Formation Services: $299.00 + state filing fee: This formation service officially establishes your LLC as a separate legal entity in your specific state. It also provides an Employer Identification Number (Tax ID), Operating Agreement, Banking Resolution and other helpful documents, as well as a free website and free tax analysis/insurance evaluation.
- Corporation Formation Service: $299.00 + state filing fee: This formation service establishes your Corporation as a separate legal entity. It includes your Employer Identification Number (Tax ID), bylaws, and banking resolution, along with a free website and free tax analysis/insurance evaluation.
Once you’ve paid for your formation service, you’ll also have access to all sorts of additional services like easy document creation, business tax analysis, automatic filing with state agencies, mobile app support, and other corporation and LLC formation services.
Subscriptions and Research Services
- Registered Agent: $10/month or $90/year
- State Compliance Services: $10/month or $90/year
- Permit and License Search: $125
- Amendment or Document Research: Free for corporation and LLC formation customers
How To Set Up An Account with BetterLegal
As one of the best legal software for formation and LLC services, BetterLegal offers a user-friendly interface and straightforward sign-up process.
First, you will have to create an account by clicking on the “Set Up Your Business” button. Then, you will need to pick what type of business you want to set up: an LLC formation or corporation. Next, simply fill out all the essential information required to set up an account: your name and contact information, your company’s name and industry of operation, etc.
After that, you will be redirected to a page where you can enter your credit card information and pay for the needed filing services. If you want to get started with BetterLegal immediately without paying anything, click the “Skip Payment” button and continue navigating through the platform.
Pros
Easy to use
BetterLegal is very easy to use. Even if you're not very experienced with complex software, you can use it to formally establish your business with the state and obtain all required legal documents. This business formation company also offers interactive tutorials that guide you through all the steps involved for creating agreements and documents needed for your business.
Unique Services
BetterLegal is one of the best software for formation services. For example, its registered agent service is designed to meet the needs of businesses across all industries, such as a law firm, finance company, small business, entrepreneur, etc.
Streamlines Operations
You can save money by using this software to handle all aspects and requirements when establishing a company. For example, provides business owners with leading state compliance services, HR platform services, and other partner services. The cost of using BetterLegal is much less than hiring someone else who will charge by the hour or by project, like a lawyer, accountant, etc.
Good Customer Support
The BetterLegal customer support team is next-level. Support is available 24 hours via live chat, email, or phone call. Whenever you need help or want to ask questions, someone will be there to assist you immediately.
Affordable
The software has an affordable one-time fee and offers an affordable monthly plan. This means you can get started immediately, without worrying about spending too much money on the tool, unlike other corporation and LLC service providers.
Numerous Templates
BetterLegal comes with more than 100 templates you can use. They are customizable according to your legal or filing needs. You can also build templates using this software and share them with other users who have purchased a plan too.
Secure
BetterLegal software is secure. It uses 256-bit encryption, which ensures all data is stored on its servers and remains safe from hackers or other malicious entities.
Cons
No Free Trial
This business formation software does not have a free trial offer available for potential customers to try the software before buying it.
No Legal or Tax Advice
BetterLegal does not offer any form of legal or tax advice, unlike some competitors. This is not an accounting or law firm and cannot provide legal or tax advice to customers.
Star Rating
/ 5.0
Frequently Asked Questions
Why do people set up a business entity?
Many people choose not to be a sole proprietor and set up a separate entity (LLC or corporation) for many reasons. Typically, entities are given better protection against personal liability. This means creditors can’t collect your personal assets to pay off business debts and other liabilities.
Additionally, there are often tax benefits that can be realized after setting up a business entity. It’s also much easier to categorize deductible business expenses from nondeductible personal expenses.
Finally, it affords you legitimacy. People view a separate entity as a more legitimate business compared to a sole proprietorship.
What is BetterLegal?
BetterLegal is a formation services software. It helps you officially form a company, like an LLC or corporation, and helps you manage the ongoing details. The software helps you with required legal documents and contracts and aims to automate business processes. BetterLegal also offers a mobile app that allows you to manage needs on the go.
How does BetterLegal work?
BetterLegal serves as a formation service for new business owners. It helps you fill out and file paperwork quickly and easily. For LLCs, that entails filing Articles of Organization. For corporations, it means filing Articles of Incorporation.
But first, you need to sign up with the website and fill out your profile information. Then, you will be guided through a questionnaire where you will answer questions about their business, such as its purpose and goals.
Is BetterLegal worth it?
BetterLegal is a comprehensive software platform that helps you form your business structure in just a few clicks. It’s fast, easy, and affordable, with no hidden costs or fees.
How do I use BetterLegal?
BetterLegal guides you through the entire process. It provides an easy-to-follow questionnaire about your business, a short video tutorial on how to use the software (it takes less than 30 seconds), and an email with instructions on how to get started.
How much does it cost?
Prices start at just $299 for LLC formation services and corporation formation services. That includes all the features you need to run your business and unlimited support via the customer service line.
BetterLegal Vs LegalZoom
In the world of business formation services, there are plenty of choices. BetterLegal and LegalZoom are two of the most popular software providers for forming companies. Both of these companies offer excellent services and have a loyal customer base. However, they are different in many ways.
Which one is right for you? Well, we’ve researched both services. Here is a further look at each, including their prices and features.
Pricing
First, let’s talk about pricing. BetterLegal charges a flat fee of $299 for its service, while LegalZoom charges $408. If you use BetterLegal, you will save money. If you’re on a budget or in need of fast service, check out BetterLegal.
Turnaround Time
Next, let’s talk about turnaround times. BetterLegal offers a faster turnaround time than LegalZoom. It takes two business days with BetterLegal, while LegalZoom can take up to seven days to complete the process.
BetterLegal’s fast turnaround time is one of the biggest selling points for their service. After you create an account on their website, you can get started right away. Then, they will send you all the paperwork for your business within two business days of creating your account.
On the other hand, LegalZoom has a longer turnaround time than BetterLegal. It can take up to seven business days to receive your documents from their website or via mail (whichever method you prefer).
User Experience
When looking for software for formation services, it’s important to find one with a straightforward user experience. That way, you can rest assured knowing that the program will handle everything, which will save you time and money in the long run. Both BetterLegal and LegalZoom have intuitive user experiences when navigating the platforms.
BetterLegal guarantees customer satisfaction. You don’t have to go through multiple steps or navigate through any confusing menus. The program is designed so that users can create an LLC or corporation within minutes, with unwavering customer support and fast turnaround times.
LegalZoom does not offer this same level of simplicity. Instead, users will view multiple advertisements before they can even start filling out LLC or corporation formation services forms. This means more distractions from focusing on what matters: creating a business entity.
Product Promotions
BetterLegal offers what you need. There are no upsells or advertisements for extra products. On the other hand, LegalZoom has a multitude of optional products that it tries to sell to users. So, there’s no question that BetterLegal is the better choice when it comes to quality and value.
Customer Service
Finally, there is no doubt that BetterLegal offers better customer service than LegalZoom. It offers 24/7 customer support and has an easy-to-use interface that makes it easy for users to navigate the website without any problem.
BetterLegal Vs LegalZoom: Which is the best?
When you’re looking for formation services, you don’t want to spend your time searching through dozens of available options. You want a simple, straightforward way to get started on forming your business.
Both BetterLegal and LegalZoom can help you get started with the business formation process. Depending on your business needs, you can choose from various types of corporations, LLCs, and partnerships. They also offer several resources and responsive customer support to make sure that your business is set up correctly.
Overall, BetterLegal is the best option for formation services because:
- It has an easy-to-use interface that makes the process fast and straightforward.
- It’s affordable—and if you need more than one formation service, there’s no need to pay for each one separately. You can buy them together at a discounted rate.
- BetterLegal offers more features than LegalZoom. For example, the company offers a free consultation with an attorney to help navigate the legal process.
- BetterLegal doesn’t try to upsell unnecessary products or charge extra fees like other third-party providers.
- BetterLegal also has an extensive document library where you can find templates for various legal documents at different price points.
- The website also has an extensive FAQ section that answers most of the common questions people have about forming their businesses.
BetterLegal Review: Conclusion
When you want to form a company or any other legal entity, BetterLegal has your back. This online formation software helps business owners and industry professionals establish a business and draft documents, including operating agreement contracts and other state-required paperwork.
BetterLegal also enables businesses to manage daily processes and workflows, like keeping track of important documents and ensuring all forms are accurate and up-to-date. If you’re looking for a convenient way to set up your company, BetterLegal is a great resource to help you along the way.
Published : November 27,2023
Published : November 27,2023