You don’t have to pay any fees to create a limited liability corporation (LLC), or corporation. Inc Authority is an online service for business formation that’s completely free. It is one of the most popular companies in the sector, and users can start in just three steps. If necessary, users can also upgrade their package to receive additional services.
Comparing Inc Authority with The Best LLC Services
Our team looked into many popular LLC services. InAuthority was the best, and not just because it’s free. Compare IncAuthority to our top-rated LLC services as part of your due diligence
- ZenBusiness Best for Most
- Incfile Best Range of LLC Services
- LegalZoom is Best for speaking with Attorneys
- Inc Authority Best for Avoiding Service Fees
- BizFilings- The Best Way to Choose the Right Entity Type
These LLC services include registered agent services, EINs, and business websites. IncAuthority is a great option for those who are looking to create an LLC but don’t want to spend too much money on getting their business started.
IncAuthority offers fewer legal resources to business owners than its competitors like ZenBusiness or LegalZoom. People who want to register as a non-profit, sole proprietorship, or do business as (a DBA) should also use one of our recommendations.
Inc Authority: The Good And The Bad
The Good
Inc Authority offers free business formation. Only the appropriate state incorporation fees are required. Inc Authority is the best-priced option for business formation.
Inc Authority understands that business registration can be expensive and aims to make it as affordable as possible for entrepreneurs. All overhead costs, labor costs, as well as service charges, are waived. This is done to build trust between customers. If users decide that they require additional assistance, they will be able to upgrade to the paid bundles.
Inc Authority makes incorporation simple with its free business formation service. Users simply have to choose the type of business entity they want and the state in which they wish to be formed. You can choose between an LLC and a corporation. If you need assistance choosing, the website has helpful descriptions.
Step two requires users to enter the details of their business owner. These details include the first, and last, email address, mobile phone number, and email address. During this step, business owners can add business partners or co-owners. The Inc Authority terms and conditions must be accepted by users before they can proceed to step 3.
Users must enter the details of their LLC or corporation for step 3. First, users will need to enter a business name. This will be used later to check for eligibility. Inc Authority can help you find an alternative name if your name has been taken.
Next, users will need to write a one-sentence description of their business and decide whether they accept credit cards. Users will then need to choose their business category. You can choose from real estate, online or storefront, professional services, transportation, licensed contractor, and other options. They will also need to choose from the optional upgrades and set up a business address.
Many Upgrades: Inc Authority doesn’t just offer business formation services. There are many helpful upgrades available for those who purchase them. These include trademarks, revocable trusts, business financing, business plans, and credit. They also offer assistance with marketing and website upgrades. There are also three bundles of start-up assistance available.
The Bad
Limited entity types: Inc Authority users cannot register an LLC or corporation. Other business formation companies allow users to register LLCs and corporations, nonprofits or DBAs, as well as sole proprietorships.
This is not a problem for all users, but it restricts the types of entities that Inc Authority can offer business formation services. Inc Authority is not for you if you are looking to create a sole proprietorship, DBA, or nonprofit.
Inc Authority lacks legal services: Inc Authority has tax, funding, and business credit experts, but it does not have a team of lawyers, which is something that is often included with other incorporation companies. Some incorporation services offer a network to assist users with annual reports, seller permits, business licenses, and legal agreements.
Inc Authority is not a good choice if you are looking for a service that allows you to collaborate with legal professionals.
Inc Authority Pricing and Options
Inc Authority’s primary goal is to make it possible for anyone to form a business. It is therefore free to incorporate your business, which makes it stand out from the rest. When registering your company, however, you must consider state incorporation fees. You can also choose from a range of start-up packages and services to improve your service.
Inc Authority Free LLC and Corporation
The main product of the company is Inc Authority Free LLC (or Corporation). This plan is free of Secretary of State fees and can be set up online in just three steps.
This plan includes a state business name check as well as one year of registered agent service. The state will prepare the documents for entity formation and file them to the state. Form 2553s, the S-Election document, can also be filed with the IRS. INC CARE email support and phone support are also available to users.
Users can access digital copies of documents such as articles of organization or articles of incorporation through the online client portal. One of Inc Authority’s experts can provide advice about financing and business credit, and users can also receive a consultation on tax planning at the federal and state levels.
Inc Authority Starter
Inc Authority Starter can be ordered by speaking to an Inc Authority expert. These features are included in the Starter product:
- Record book and company seal
- Bylaws and operating agreement
- Articles filed by customs states
- Verification of business name availability
- IRS Tax ID Number (EIN).
- Initial meeting minutes and resolutions for ownership certificates
Access to Inc Success Advisor for one year is included with the product. Unlimited online and telephone support is included for assistance with lawsuit defense, and local or state business licenses.
One hour of tax consulting is also available to users. This includes discussions about inventory, deductions, and tax deadlines. They can be approved for credit lines of $50,000 to $150,000 and unsecured loans for startups in under 10 minutes.
Inc Authority Executive
Inc Authority Executive is an optional plan that users can choose from. This plan includes everything in the Starter package, plus some additional bonuses. Contact an Inc Authority representative to inquire about pricing information.
Executive users can get a domain website to promote products and services, generate leads and increase brand awareness online. A business license reporting software is also available to users. This software analyzes location and industry factors to determine the licenses that your business requires.
Inc Authority Tycoon
Inc Authority Tycoon, the final bundle for start-ups by the provider, is available. You can contact Inc Authority to get pricing details.
This product includes everything in the Executive and Starter bundles. You also get express processing and BizCredit Express.
BizCredit Express includes 90 days of one-on-1 coaching with a business credit coach. A report and registration are provided by Dun & Bradstreet (a top business credit reporting agency).
The Business Credit LaunchPad is also available to users. This web-based software program guides users through each step of the credit development process. It allows users to quickly build credit by using the multi-tiered credit system.
Inc Authority Federal Trademark
Inc Authority users can use the federal trademark to establish brand recognition on their storefront signage, email, website, and social media. Inc Authority grants you exclusive rights to your trademark in America. This prevents infringement, protects trademark ownership, and increases the value of your company. For pricing information, contact an Inc Authority expert.
Inc Authority has access to all USPTO records, every state domain name, and corporate and trademark database, so you can search for U.S. trademarks. The Client Success Team is available to users for life and they can complete trademark applications. Users can quickly contact trademark specialists, and they are notified about every renewal date.
This product includes 24-hour expedited electronic filing, trademark specialist filing, as well as filing status reports. The product also comes with three years of direct-hit trademark tracking. This allows users to be alerted and tracked for possible trademark infringement. Federal Trademark products have a filing fee that can be paid to the government for one type of product or service.
Inc Authority Revocable Living Trust
If a person doesn’t have a revocable living trust, then their assets will be subject to probate. This can take several months or even years, and it requires federal estate taxes as well as legal fees. No probate is required if the decedent uses Inc Authority to establish a revocable trust. No estate taxes will be due if the decedent is married with a trust.
For more information about Inc Authority’s Revocable Living Trust product, users can contact Inc Authority. The following are included in this package:
- Revocable trust for living assets
- Certificate of Revocable Living Trust
- For husband and wife, power of attorney
- Instructions to transfer assets into a revocable trust living in trust
- Formulas to transfer property into a revocable trust
- A durable power of attorney for health care for husband and wife
- Last will of husband and wife
Inc Authority Business Funding
Inc Authority Business Funding was established to assist business owners in assessing working capital through personal and low-interest loans and high-limit credit cards. With the assistance of Inc Authority’s experts and lending relationships, users can design a plan.
The company offers support and submits funding requests to maximize approval rates. A consultation with a FICO Pro Certified Underwriter is available for business owners. They can also receive funding of up to 30 million dollars. Inc Authority helps users to verify the information and comply with funding pre-application requirements.
This product offers credit card and loan programs, high-credit personal and business credit cards with unsecured high limits, as well as personal and unsecured loans and credit lines. For pricing information, business owners should contact Inc Authority. They must have verifiable income as well as a minimum FICO score of 680.
Inc Authority Business Plan
Inc Authority’s Business Plan allows you to outsource analysis, research and projections, editing, as well as writing your business plan. This product can be used to help with education, product implementation, sales, raising capital, and product and/or sales execution. For more information, contact an Inc Authority representative.
An extension executive summary, marketing and demographics analysis, as well as a statement of mission and objectives will be available to users. A comprehensive financial plan is also provided to users. It includes an operating expense model and a revenue model. There’s also a balance sheet and an income statement.
Inc Authority will help you comply with bank and investor guidelines to increase your chances of getting capital. Users are assigned a business plan advisor who can answer any questions or review the plan. Users can also request revisions or adjustments to their plans within the first three months.
Inc Authority Website and Marketing Pack
The Website and Marketing Package can be purchased by users to improve business credibility, attract new clients, and inform potential customers and clients about their products. Customers can access the services they require 24/7 via their online portal. Contact an Inc Authority representative for more information.
This product can be divided into two categories: web design and marketing basics. Users have access to award-winning customer support, private consultation, and a premium custom website design. Full SEO is provided to users, including headings, internal and meta links, META keywords, descriptions, and META titles.
The professionals at Inc Authority can help you get your site found on search engines such as Google, Yelp!, Bing, and Yahoo! Users can hire a marketing specialist to create professional and creative website content.
A graphic designer can help users create a professional-designed logo for marketing purposes. You can choose from a variety of designs to create 500 customized business cards that include a company email address and website.
The Inc Authority experts will ensure that your business has review options and a directory. Access to real-time updates, more than 40 location listing publishers, and mobile and tablet voice recognition.
How Inc Authority ranks
Inc Authority has been voted the best in the business formation space. Other top options like Incfile and LegalZoom have service fees. Inc Authority is not the only option. These services can be a better option if you need help with legal issues or registering an LLC or corporation.
Summary
Inc Authority is the best service to help you incorporate your business. If necessary, users can upgrade to any of the start-up bundles, and add-ons, such as Federal Trademark, Revocable Life Trust, Business Funding, or Business Plan.
Users of the Inc Authority need only pay the state registration fees and can start in just three steps. This service is limited in its ability to incorporate corporations and LLCs and doesn’t offer the same legal services as some of its competitors.