Inc Authority is a popular service for forming LLCs. Many people wonder about its cost.
Understanding how much Inc Authority costs can help you decide if it’s the right choice for your business. This blog post will break down the pricing details. We’ll explore the different packages and services they offer. Starting a business is a big step, and having clear information is essential.
By the end of this post, you’ll have a good idea of what to expect with Inc Authority. This can help you plan your budget and make an informed decision. Stay tuned as we dive into the specifics of Inc Authority’s pricing.
Introduction To Inc Authority
Starting a business can be challenging. Many steps need attention. Inc Authority offers help to new business owners. Their services make the process easier. This blog post explores Inc Authority and its offerings.
What Is Inc Authority?
Inc Authority is a business formation service. They help with creating a new company. They offer packages for different needs. Their goal is to simplify starting a business. They provide tools and resources for new owners.
Importance Of Business Formation Services
Business formation services are vital. They help ensure legal compliance. Mistakes in paperwork can cause delays. Proper formation sets a strong foundation. It helps avoid future legal issues. These services save time and reduce stress.
Credit: www.incauthority.com
Basic Pricing Structure
Inc Authority offers business formation services. Their pricing structure is simple and clear. They offer a free business formation service. This is perfect for new entrepreneurs on a budget.
Free Business Formation
Inc Authority provides a free business formation package. This package includes the basic services needed to start your business. You only need to pay the state fees. This is a great option for those starting with limited funds.
Included Services
The free package includes many helpful services. These services can help you get your business up and running quickly. Here are some of the key services included:
- Preparation and Filing of Documents: They prepare and file your business formation documents.
- Business Name Verification: They verify the availability of your business name.
- Registered Agent Service: They provide free registered agent service for the first year.
- S Corporation Election Form: They include preparation and filing of the S Corporation election form.
Here is a table summarizing the included services:
| Service | Description |
|---|---|
| Preparation and Filing of Documents | They prepare and file your business formation documents. |
| Business Name Verification | They verify if your business name is available. |
| Registered Agent Service | Free registered agent service for the first year. |
| S Corporation Election Form | Preparation and filing of the S Corporation election form. |
The basic pricing structure of Inc Authority is straightforward. The free business formation package includes many essential services. This can help new business owners save money while starting their business.
Additional Services And Costs
Inc Authority offers various services to help you start your business. While their basic plan is free, some additional services come with extra costs. This section covers the costs for registered agent services and EIN registration.
Registered Agent Services
A registered agent is required for every business. This agent receives legal documents on your behalf. Inc Authority provides registered agent services at a competitive rate.
- Annual Fee: $99 per year
- Service Includes: Receiving and forwarding important legal documents
- Additional Benefits: Compliance reminders to keep your business in good standing
Having a registered agent ensures your business never misses important documents. It’s a small price for peace of mind and legal compliance.
Ein Registration
An Employer Identification Number (EIN) is essential for your business. It acts like a social security number but for your business. Inc Authority can help you get your EIN.
- Service Fee: $49 one-time fee
- Service Includes: Filing the necessary documents with the IRS
- Time Frame: Typically processed within 1-2 weeks
Getting an EIN is crucial for opening a business bank account. It also helps in hiring employees and filing taxes.
By opting for Inc Authority’s EIN registration service, you save time and avoid paperwork.
Premium Packages
Choosing the right package for your business is crucial. Inc Authority offers premium packages designed to meet various business needs. Let’s explore the features of their premium offerings.
Starter Bundle
The Starter Bundle includes essential services for new businesses. It provides a business name availability check to ensure your desired name is unique. You will also get a complete formation package, which includes Articles of Incorporation or Organization. This package offers a digital storage feature, allowing you to access your documents anytime. Additionally, the Starter Bundle includes an EIN application, which is vital for tax purposes.
Executive Bundle
The Executive Bundle offers more advanced features. It includes everything in the Starter Bundle plus some extras. You will receive a business license report, which helps you understand the licenses you need. The Executive Bundle also includes a record book and company seal, which adds a professional touch to your business. Additionally, this package offers a five-day express processing service, ensuring your documents are ready quickly.
State-specific Fees
When starting a business, understanding state-specific fees is crucial. Inc Authority helps with LLC formation, but costs vary by state. Knowing these fees can help you plan your budget better.
Variations By State
State fees for LLC formation differ widely. Each state sets its own rates. Some states charge less, while others demand more. These variations affect your total startup costs. It’s essential to know your state’s fees before proceeding.
Examples Of State Fees
Here are some examples of state-specific fees for forming an LLC:
| State | LLC Filing Fee |
|---|---|
| California | $70 |
| Texas | $300 |
| Florida | $125 |
| New York | $200 |
These fees cover the basic filing costs. Some states may have additional charges. For example, publishing requirements or annual reports. Always check your state’s specific requirements.
Understanding these fees helps you make informed decisions. You can budget accurately and avoid surprises. Inc Authority offers guidance on these state-specific fees. This ensures you comply with all regulations.
Credit: www.govdocfiling.com
Comparing Competitors
When choosing a business formation service, comparing competitors is essential. Knowing the costs and quality of services helps you make the best decision. This section will compare Inc Authority with other popular competitors.
Competitor Pricing
Understanding the pricing of different services helps in making an informed choice. Below is a comparison table of Inc Authority and some major competitors.
| Service Provider | Basic Plan Cost | Features Included |
|---|---|---|
| Inc Authority | Free | Business Name Check, Filing Articles of Incorporation |
| LegalZoom | $79 + State Fees | Business Name Check, Filing Articles, Operating Agreement |
| ZenBusiness | $49 + State Fees | Business Name Check, Filing Articles, Registered Agent |
| IncFile | Free + State Fees | Business Name Check, Filing Articles |
Service Quality Comparison
Service quality is another important factor. Below is a detailed comparison of the quality of services provided by Inc Authority and its competitors.
- Inc Authority: Known for its free basic plan, Inc Authority offers excellent customer service. Users find the platform easy to navigate and reliable for business formation.
- LegalZoom: LegalZoom offers a comprehensive range of legal services. Their customer support is available through phone and email, making it convenient for users.
- ZenBusiness: ZenBusiness is praised for its affordable pricing and excellent customer service. Users appreciate the additional features in their basic plan.
- IncFile: IncFile is known for its free filing service. It offers a user-friendly platform and reliable customer support.
By comparing the competitors, you can decide which service best fits your needs. Pricing and service quality are key factors to consider in this decision.
Customer Reviews And Testimonials
Customer reviews and testimonials offer valuable insights into a service’s performance. They help potential customers make informed decisions. Inc Authority, a popular business formation service, has a variety of reviews online. Let’s explore what users have to say.
User Experiences
Many users share their experiences with Inc Authority. Some appreciate the company’s easy-to-use platform. They find it simple to navigate and complete tasks. Others value the customer support. They mention that representatives are helpful and patient.
A few users talk about the overall process. They describe it as efficient and quick. Some customers mention how Inc Authority helped them start their business smoothly. These positive experiences highlight the service’s strengths.
Common Praise And Complaints
Users often praise Inc Authority for its affordability. They find the pricing reasonable for the services offered. Another common compliment is the transparency. Many appreciate the clear information on costs and procedures.
On the flip side, some users have complaints. A frequent issue is the upselling of additional services. Some customers feel pressured to buy more than they need. Others mention delays in processing times. These complaints are important for potential users to consider.
Credit: www.govdocfiling.com
Frequently Asked Questions
What Is The Cost Of Inc Authority Services?
The cost of Inc Authority services starts at $0 for basic formation. Additional services like EIN, operating agreements, and expedited processing come with extra fees.
Are There Hidden Fees With Inc Authority?
Inc Authority provides transparent pricing. However, some additional services are optional and come with extra charges. Always review their service packages.
Does Inc Authority Offer Free Llc Formation?
Yes, Inc Authority offers free LLC formation. This includes preparation and filing of incorporation documents. Additional services are available at extra costs.
What Additional Services Does Inc Authority Offer?
Inc Authority offers services like EIN acquisition, operating agreements, and expedited filing. They also provide registered agent services and business funding consultations.
Conclusion
Understanding the cost of Inc Authority helps you make informed decisions. Their services offer value to new businesses. Comparing prices ensures you get the best deal. Remember, investing in professional help can save time and stress. Explore all options before choosing.
This way, you pick the right fit for your needs. Happy business planning!
