Published : August 08,2022
table Of Content
Incfile Review 2023: Pros, Cons, and Pricing
Published : August 08,2022
table Of Content
Incfile is one of the leading business formation services available online. They provide everything from filing your LLC to providing ongoing support for your business. If you’re looking for a service that will give all of the information you need to create and maintain a company, Incfile is an excellent choice.
Incfile offers a variety of packages and pricing options, so you can choose the one that works best for your business. Once you’ve created your company, Incfile will also help you file taxes and manage finances. It will also help you keep up with legal requirements related to running a business.
We know that starting a business is no small feat. It’s a time-consuming and expensive process, and you must ensure you’re doing everything right. That’s why we’ve put together this guide to help you understand what makes Incfile a fantastic option for your small business needs.
Incfile is one of the best online incorporation services in the United States. The Texas-based company was founded in 2004 to provide a wide range of legal services for small businesses. They include online incorporation services, limited liability company formation, trademark registration, domain name registration, and trademark protection.
Incfile also offers other LLC services such as tax preparation and other essential business formation service. With Incfile’s help, you can start your own business without worrying about its legal aspects. They will take care of everything from forming your company to filing your taxes and paying bills on time. You can rest assured that your business will be in good hands while you focus on what matters most: growing your company!
The company has an A+ rating with the Better Business Bureau. This means it has been reviewed by customers who have had positive experiences with Incfile’s services.
Features of Incfile Formation Service
Whether you are starting a new company or changing an existing one, Incfile has your back. They offer help with all sorts of IRS filings, compliance issues, registered agent services, and more. If you’re looking for a complete package that will take care of your company formation needs, look no further than Incfile.
Here are the incredible features Incfile software presents:
1. Help with Company Changes
Perhaps you’ve already started a business but would like to change its status from a general partnership to a limited liability company (LLC). Or maybe you want to change your business name because it’s no longer appropriate for your product or service offerings? Incfile has your back in either case—they can help with all sorts of changes like these!
- Amendment with addresses, company name, or membership: If you need to change the address of your business or its name or membership, Incfile will help you do so.
- Dissolution when formally terminating an entity: You can also dissolve your entity when it is no longer needed or wanted by filing a dissolving certificate with the state.
- Foreign qualification when expanding to new states: If you are expanding into new states and need to register them to do business there, Incfile can help you.
- Fictitious business name service: A fictitious business name allows you to use an assumed/fictitious name while operating in the state where it was formed.
2. Help with Compliance Issues
In addition to helping with changes like those mentioned above, Incfile also helps with compliance issues. It ensures your business stays compliant with state laws regarding sales tax and payroll taxes (among others).
With Incfile LLC, you’ll get an annual report filing service to ensure your business stays up-to-date with its compliance paperwork. This service will also help you keep track of your certificate of good standing. It also ensures any changes in your business name or trademark are correctly recorded.
What’s more, Incfile offers a business licenses search tool that allows you to check if any licenses are required for your particular line of work. You’ll also determine whether there are any restrictions on operating within certain areas or industries. This will help you avoid breaking any laws and fines or penalties from local authorities such as the Internal Revenue Service.
3. Registered Agent Services
Incfile compare as one of the best LLC formation services. Incfile can help you to establish a new or form an LLC or corporation from a pre-existing entity. They offer all services related to LLC formation services and provide registered agent services as well.
- Order registered agent services: You can order registered agent services with Incfile. This LLC service will let you see the year of registered agent service for a specific state to help with your need. You can use this service to get a new or renewed LLC in any state by paying just $39.99 per year or $59.99 per year, respectively. Registered agents provide necessary services such as receiving official mail and answering calls on behalf of the company. The registered agent also sends out annual reports (Form 1065) on behalf of the company.
- Renew registered agent services: If your existing LLC has expired or is about to expire, you can renew it using this service. This depends on whether you are renewing an existing LLC or forming a new one. The renewal process takes just 15 minutes! All you need to do is enter your name and email address along with some other details like business type. You can then pay to continue using LLC service without interruption in your operations.
- Change registered agent services: You can also change your current registered agent if necessary. However, changing your registered agent will cost $99 per transaction. It will also cost you $25 for each additional change to maintain uninterrupted service delivery at all times!
4. Help with All Sorts of IRS Filings
One of the most important aspects of starting your own business website is ensuring you have all the information and paperwork ready and filed correctly. The IRS has strict guidelines on what they require you to do. If you don’t file correctly or on time, they’ll charge penalties and interest on your taxes.
That’s where Incfile comes in! Incfile offers all sorts of services to help you with all kinds of IRS filings, including:
EIN/Tax ID #: Employer identification number is what every business needs to file taxes as a company. You will need this federal tax id number to open an account with a bank or other financial institution. It means you’ll need it for other aspects of running your business. If you don’t already have one, getting one through Incfile can be very easy, and it’s free!
Filing business taxes: Customer support Incfile helps you file your business taxes on time and in full.
Filing S Corp Tax Election: If your company is organized as an S corporation (a type of corporation), you’ll need to file this election with the IRS. This is before they accept your filing status as an S corp. There are also some additional requirements they may require that Incfile may help you with.
5. Corporate LLC Kits and Stocks Certificates
Incfile is a business entity creation service that helps you form an LLC or corporation in the state you want. They offer all the standard services you need to create your business, including kits and stock certificates, and a slipcase with 20 custom-printed stock certificates. You will also get a metal die-cast embossing seal, a stock transfer ledger, operating agreements for LLCs, and minutes and bylaws for corporations as key services.
Slipcase and Binder: The company provides Corporate LLC kits and stock certificates to its clients so they can use them per their needs. These formation documents kit are available in different colors for clients to choose from according to their preferences. The kits also come with slipcases and binders so that clients can store them safely at home. Or at the office without worrying about damaged or lost documents inside them.
20 Custom printed stock certificates: Incfile offers 20 Custom printed stock certificates that can be used for signing shareholder agreements and other legal business documents. These are related to the business formation process by investors/shareholders before the online incorporation service takes place officially under law firm licensed attorney oversight.
Metal die-cast embossing seal: The metal seal is a great way to ensure that your company’s signature is represented in a professional manner. This seal can be used on any document and helps you create a lasting impression with customers, investors, and other stakeholders.
Stock transfer ledger: Stock transfer ledgers are also crucial formation documents for any business website that wants to keep track of its assets. A stock transfer ledger tracks who owns how many shares in the company, which is essential when voting for rights or shareholder decisions.
Operating agreement for LLCs: An operating agreement is an essential part of any new business formed if you’re looking at forming an LLC or corporation! The operating agreement spells out all of the rules and requirements for running an LLC or corporation. So that everyone involved knows what they’re getting into before they sign on board with this company. It also protects your business by setting expectations about how things will work once everything gets underway!
Minutes and By-laws for corporations: Minutes and by-laws are also essential small business documents required as soon as you start working with Incfile (or any other legal service provider). Minutes track what happens in your business helping manage it effectively from the annual reports.
Incfile is one of the best business formation service providers. The professional service offers an easy-to-use interface with a user-friendly pricing structure. Incfile pricing includes Silver, Gold, and Platinum packages that are ideal for businesses looking for different options.
With Incfile’s pricing tiers, you can choose the package that works best for you and your business needs.
1. Silver Package: $0 One-time Payment
This is Incfile’s entry-level package. The Silver package costs $0 and is excellent if you have an average business that does not require much work from its founders.
The Silver Package covers unlimited name searches, filing of the articles of organization, and other things for various business forms. While forming your LLC, an extra state fee will be added. These state filing fees may be tax deductible in some states. Consequently, you may end up with a completely free LLC. The primary features of this package include:
- Free LLC formation packages
- 1-year Free Registered Agent service
- Unlimited LLC name searches
- Statement of Organizer
This Incfile pricing package is ideal for startups and small businesses. Small firms with tight budgets might consider using Incfile, which provides free registered agent service for a year and zero-cost LLC incorporation.
2. Gold Package: $149 One-time Payment
The premium Gold Package from Incfile costs $149, not including state filing fees. It is recommended because it includes most of the essential services required to create an LLC. Each state has a different state filing fee. If the state benefits tax-wise from the fee, then the LLCs will likely only be responsible for paying for the Gold package. This package’s features include;
- 1-year Free Registered Agent service
- File Articles of organization
- Unlimited business name search
- Lifetime company alerts
- Operating Agreement
- Obtain EIN
- IRS form
- Operating Agreement
- Unlimited phone and email support
- Business bank account
- Unlimited tax consultations
This package is suitable for beginning companies and new business owners with extra cash to spend. Everyone wants a service that is free, but this bundle also comes with an Operating Agreement, which is an essential legal document. This service is not included in the Free Silver plan. Small and medium-sized businesses can choose this plan.
3. Platinum Package: $299 One-time Payment
All the services offered in the Gold Package are also included in the Platinum Package. It comes along with several other services like filing for articles of organization and business bank accounts. The price of the state filing fee is $299. The Platinum Package comes with everything a businessperson needs to launch and develop an LLC. Services like domain and business emails and lifetime company alerts are free with this bundle. Along with the benefits from the Gold Package, the Platinum Package also includes the additional services listed below:
- Business Contract Templates
- Domain Name + Business Email
- Expedited Service Filing
- Lifetime company alerts
- Banking resolution
This package is ideal for mid-sized and large LLCs. Other services you need to create an LLC is included in this bundle. If you’re just getting started, you can choose the Gold Package. But if you’re a big shot, this package is for you. This package includes a domain and business email, which the other two options don’t have.
How to Set Up an Account
Incfile is a company that can help form an LLC for a startup or small business. They offer online tax filing, bookkeeping, business accounting services, and other essential benefits.
To begin using the service, you’ll need to set up an account with Incfile. Here are the steps to set up an account:
1. Visit their website and click the “Sign Up Now” button at the top of their homepage.
2. You’ll need to create a user name and password for your account. Make sure that your details are accurate. If they’re not, Incfile will send you an email asking you to verify them before setting up your company.
3. After you’ve completed these steps, you will receive an email from Incfile asking you to confirm your email address and phone number.
4. Now, it’s time to select the service package that best suits your needs. There are different packages available at multiple price points depending on your business needs and budget.
5. Next, fill out all the necessary fields on the form provided to set up your business correctly with Incfile LLC Services! You’ll want to ensure you have all of the required information before proceeding any further with this process. Ensure the name, business address, and other contact information are entered correctly for LLC formation.
You can start your business formation process immediately after signing up for a free trial account with Incfile. The free trial account allows you to create up to three companies per year during your free trial period. After that, you will need to purchase additional packages. This is if you want more than three companies formed during that period (or if you want them formed before or after those months).
Easy to Use
If you want to start a business but don't know where to begin, Incfile is a great place to start. Their website makes it easy to get started with your business formation. They can even give you a lot of information about what types of businesses are best suited for different industries. They also have an extensive library with all kinds of useful information on running a business and starting one up.
Responsive Customer Care
One of the first things that make Incfile stand out is offering a free tax consultation. You can call Incfile's customer phone support line anytime or even email them with excellent questions. They'll get back to you in less than 24 hours. There are even weekend phone support hours so you can get help when disaster strikes over the weekend. The representatives are helpful and friendly. They will tell you what steps you need to take to register your business and advice on how to avoid common mistakes.
Incfile offers excellent service at an affordable rate. You can get started with your business formation for as little as $149. You can also pay by the hour if you need more help with your business formation.
Quick Turnaround Time
The company has a turnaround time of 24 hours or less. It is impressive considering they're not just one person doing all the work but several people working together to get it done fast!
The Pricing is Quite expensive for Small Companies or Start-ups
Small business owners don't like paying a lot of money upfront and then waiting for their refund. This can be a problem for those who do not have much capital to start their businesses.
There Are Mixed Customer Reactions About Using Incfile
Customer feedback for Incfile is very mixed. Some people have had positive experiences with them, while others have had negative experiences. The main complaint seems to be that they don't always get back to customers in a timely manner. It happens when customers have questions or problems with their account setup process. The company is very transparent with their customer feedback, and you can read it all online.
No Refund or Cancellations Policies
They don't offer refunds or cancellation policies. It means once you pay them upfront, there's no way of getting your money back if something goes wrong with your account setup process. Or if there are any technical issues during the entire process (such as missing information).
Incfile Review FAQs
1. What is Incfile?
Incfile is a business formation service that can help you set up your own LLC, corporation, or partnership. They provide online filing services for different business entities and offer support throughout the process. If you’re looking for an easy way to start your own business, Incfile may be just what you need!
2. Why Should I Use Incfile for Business Formation?
When it comes to getting your new business off the ground, there are many options. Incfile makes business formation easy by helping you set up your LLC or corporation in minutes. They will also help you with all the other essential steps along the way. They also help in choosing a name and establishing tax ID numbers.
3. What Kinds of Businesses Can Incfile Help?
Incfile can help you form any business entity: LLC, corporation, or partnership. Their services are designed for both small businesses and large corporations alike. Whether you’re looking to start a small retail store or run a huge multinational corporation, Incfile will have all the tools and resources needed to make it happen.
4. How Can I Be Sure My LLC or Corporation is Legit?
When you use Incfile to form your company, they’ll ensure everything is done correctly by following all the legal guidelines. The process includes filing articles of incorporation with the state and registering your business name with the state and federal governments. The steps are followed diligently and professionally to ensure your business is recognized as legitimate by all government agencies!
5. How Much Does Incfile Cost?
If you’re just starting, Incfile has a free service that allows you to register your business name and get an EIN. If you want to upgrade to their paid plan, allowing you to file your taxes online and get more advanced features, then there are pricing levels to choose from. They also have a range of different plans based on the number of employees you have.
In conclusion, I would say that Incfile is one of the LLC formation service that is most reasonably priced with free packages. You still have time to find the best LLC services, after which you can make your decision. Incfile is less expensive as compared to other free providers because it also offers free registered agent services for a year. If you love having a taste of formation services, Incfile offers you a free offer!