Incfile provides business formation services, including LLCs, corporations, and nonprofits. With over 16 years of experience, they have helped entrepreneurs start businesses in all 50 states. As a full-service company, they also offer registered agent services, trademark protection, and more.
Product Brand: Incfile
Incfile is a leading online legal services provider, offering a wide range of services to small business owners and entrepreneurs. Some of the services offered include incorporation, LLC formation, trademark registration, and more. In this article, we’ll take a closer look at Incfile’s pros and cons, as well as its pricing structure.
Incfile Review – Table of Contents
- First Impressions
- Incfile Review: TL;DR
- Incfile Pros: What we liked more about Incfile
- Incfile Cons: What we liked less about Incfile
- How much does Incfile cost?
- Additional Services?
- Incfile Promo Codes?
- Who is Incfile for?
About Incfile LLC Formation Service
Incfile LLC Formation Service is a company that helps you with all your business legal needs, from starting a company to trademarking your brand. They have a wide range of services, and they’re affordable and easy to use. They have been in business since 2004 and have helped many businesses with their legal needs.
Overall, Incfile is a great provider of online legal services. Their prices are very reasonable, and their website is easy to use. They offer a wide range of services including incorporation, LLC formation, trademark registration, and annual report filing, making them a good choice for small business owners and entrepreneurs who need help starting or running their businesses. That said, there are some areas where they could improve. For example, their customer service could be more responsive, and their refund and cancellation process is reportedly not straightforward. I will explain this in more detail in the Pros and Cons section below.
TLDR: Before delving into the details, here’s a quick summary of all the Pros and Cons.
✓ Free LLC formation package
✓ One year of free registered agent services
✓ Free 1 hour consultation with a professional
✓ Real-time LLC formation process tracking
✓ Easy to use
✘ Difficult refund and cancellation process
✘ Poor customer support
Free LLC formation package
Incfile is one of the few companies that offer a free LLC formation package. This is a great perk for those looking to start a company on a budget. The free package includes everything you need to get started, including the filing fee, Articles of Organization, and one year of free registered agent services which I will explain in more detail later in the next paragraph.
One year of free registered agent services
In addition to the free LLC formation package, Incfile also offers one year of free registered agent services. Registered agents are responsible for receiving and forwarding important legal documents on behalf of your company. They also provide a physical address for your company, so that you don’t need to use your home address. The price of this service after the first year is $79 per year.
Free 1 hour consultation with a professional
Another feature of Incfile is that they offer a free 1-hour consultation with a professional. This is a great opportunity to get answers to any questions you may have about starting or running your business.
Real-time LLC formation process tracking
One of the best features of Incfile is its real-time LLC formation process tracking. This feature allows you to track the progress of your LLC formation in real time until you receive your formation documents.
Easy to use
Incfile is really easy to use. Their website is straightforward and user-friendly. The process of starting an LLC is simple and can be done entirely online. Their dashboard is also very user-friendly and easy to navigate.
Difficult refund and cancellation process
It has been reported in Trustpilot and other customer review sites that the refund and cancellation process for Incfile is not straightforward. There have been reports of customers not getting their refunds in a timely manner. This is very important to consider if you are thinking about using their services and you are not quite sure if you want to go through with it.
Poor customer support
Their customer support is not great. There have been reports of customers not being able to get in touch with customer service easily and not getting the help they need. Although their website is one of the easiest to use, their customer service needs to be more responsive.
Starting a $0 + state fee, Incfile is one of the most affordable LLC formation services available. Their basic package includes everything you need to get started, including the filing fee, formation documents, and one year of free registered agent services. Below is a breakdown of their packages and pricing.
Silver: $0 + State fee
Preparing & Filing the Articles of Organization: Incfile will prepare and file your articles of organization for you. All you need to do is provide them with the information they need and they will take care of the rest. Depending on the state you are forming your LLC, the filing fee and processing time will differ.
Unlimited Name Searches: Incfile offers unlimited name searches so you can find the perfect name for your business. You can search by industry, keyword, or business type.
FREE Registered Agent Service for a year: Incfile provides a FREE registered agent service for a year with all of their packages. A registered agent is someone who receives legal and tax documents on behalf of your LLC. This is a great perk because hiring a separate registered agent service can be costly.
Gold: $199 + State fee
Everything in Silver: All of the features included in the Silver package are also included in the Gold package.
EIN Business Tax Number: An EIN is a unique nine-digit number that is assigned to your business by the IRS. It is used for tax purposes and for opening a business bank account. Incfile will obtain your EIN for you so you don’t have to go through the hassle of doing it yourself.
IRS Form 2553: The IRS Form 2553 is used to elect S corporation tax status for your business. This can be beneficial for small businesses because it allows you to avoid double taxation. Incfile will prepare and file this form for you.
Operating Agreement: An operating agreement is a legal document that outlines the ownership and management structure of your LLC. It is not required in all states, but it is a good idea to have one. Incfile will help prepare your operating agreement for your company.
Platinum: $299 + State fee
Everything in Gold & Silver: All of the features included in the Gold and Silver packages are also included in the Platinum package.
Business Contract Templates: Incfile provides a variety of business contract templates that you can use for your LLC. These contracts can be used for things like hiring employees, independent contractors, and vendors.
Expedited Filing: If you need your LLC formed quickly, Incfile’s platinum package includes expedited filing. This means that your LLC formation filing will be expedited and processed faster. The processing times will vary depending on the state.
Domain Name + Business Email: Incfile will help you choose and register a domain name for your business. They will also set up a professional email address for you using your new domain name. While this is a nice thing to have, domain names and business emails are usually not very expensive.
We now know about Incfile’s LLC formation service and all the features that come with it. However, Incfile also offers a few additional services that you may find useful.
If you need to make changes to your LLC, such as changing the registered agent or adding members, Incfile can help you file the appropriate amendment forms.
Company Name Change: If you need to change your LLC’s name, Incfile can help you file the necessary paperwork.
We mentioned earlier that Incfile offers a FREE registered agent service for a year with all of their LLC formation packages. However, you can also hire Incfile as your registered agent on an annual basis for $119 per year.
Incfile offers a virtual address service that gives your LLC a professional mailing address. This is useful if you don’t want to use your home address for your business.
EIN (Employer Identification No.)
An EIN is a unique nine-digit number that is assigned to your business by the IRS. This does not cost anything if you apply for it through the IRS. Incfile will charge you $70 for this service if you do it through them.
Certificate Of Good Standing
A certificate of good standing is a document that proves that your LLC is in compliance with the state. This can be useful if you need to show proof of your LLC’s existence to banks, investors, or other businesses.
‘Doing Business As’ Name (DBA)
A DBA is a fictitious name that you can use for your business. This can be useful if you are doing business under a name that is different from your LLC’s legal name.
If you are doing business in a state other than the state where your LLC was formed, you may need to file for foreign qualification. This is a simple process and Incfile can help you with it.
Business License or Permit
Depending on the type of business you are running, you may need to get a business license or permit.
Annual Report Submission
In most states, LLCs are required to file an annual report with the state. Incfile can help you file your annual report and they will remind you when it is due.
If you need a trademark, Incfile can help you register it with the USPTO.
As you can see, there are a lot of additional services that Incfile offers. Some of these services are included in their LLC formation packages, while others are available for an additional fee.
Incfile Promo Codes and Coupons
Incfile does not currently offer any promo codes or coupons. They claim that this is because they are already cheaper than their competitors, charging only a third of the price.
I am very pleased with Incfile’s services. They are very affordable and their user-friendly dashboard makes it easy to keep track of your LLC. I would definitely recommend their services to anyone looking to form an LLC. The only downside is that their customer support times need improvement, but overall, they are still a great company to work with if you are forming an LLC.
Frequently Asked Questions about Incfile
Is Incfile a good company?
I would say that Incfile is a great company! They offer a wide range of services, from company formation to trademark searches, and at very affordable prices. I have used their services to start an LLC and have been very happy with the results.
How much does Incfile cost?
The price of Incfile’s services varies depending on the package you choose. Their basic LLC formation package (Silver) starts at $0 + state fees, and their Platinum LLC formation package starts at $299 + state fees.
How long does it take for Incfile to form an LLC?
Incfile says that it takes about 5-10 minutes to complete their online form and that it typically takes about 1-20 business days for them to form your LLC. This highly depends on state processing times, which can vary.
What are the requirements for forming an LLC with Incfile?
To form an LLC with Incfile, you must have a valid email address, and be at least 18 years old. You will also need to provide your business name, registered agent information(if you have a separate service or plan to be your own registered agent), and LLC member information.