Inc Authority Review: Before I start digging into the Inc Authority Review, there is a question I asked myself. If I were to form a business, what would be the main thing I would consider first? My instant answer was ‘budget’! How much do I have to bear to form an LLC if I use a professional hand? Wouldn’t it be awesome if I got it for free!
Inc Authority provides it for free! You can form a Limited Liability Company without paying anything to them. However, you may have to bear the state filing fee to form an LLC. Also, based on states, these fees may have tax deductions which means you are forming an LLC at absolutely zero cost.
Generally, when you look for a business service, you look for the one that satisfies these major points,
- Service quality
- Customer satisfaction
- Turnaround time
- Price of the service
If the service providers meet these three criteria, that’s the best-fitted one for you.
If you search for the best LLC services, you will probably get dozens of them. Unsurprisingly, everyone claims to be the best-fitted for your business. For me, Inc Authority can be a good option for many, especially for start-ups and small businesses. I have shared my findings to justify my statement here! I would really recommend anyone planning to start an LLC – Please read this review word by word. You might save yourself a lot of time and money!
Here, in this review, I have shared their price packages, turnaround time, and customer satisfaction (service quality). Besides, I have shared many other factors that can help you decide if Inc Authority is right for you.
On this page, you’ll learn about the following:
- Inc Authority Review: At a Glance
- Inc Authority: About The Company
- Packages Offered by Inc Authority
- Final Verdict: Should You Use Inc Authority?
- Inc Authority Review: Summary
- Inc Authority vs Others
Inc Authority Review: At a Glance
- Free of cost LLC formation
- Free Registered Agent Service for a year
- Outstanding Customer Reviews (Trustpilot)
- Express Processing
- Free of Cost Name Search
- User-friendly Service
- Reliable & devoted high-quality Customer Service
- Longest Track Record
- Expensive Premium Packages
- No pricing transparency
- An additional cost of obtaining EIN
- Not BBB accredited
- No refund
- Service Quality: 4.5/5
- Turnaround Time: 4/5
- Pricing: 5/5
- Customer Feedback: 5/5
- User Friendly: 4/5
Overall Rating: 4.5/5
Inc Authority: About The Company
Inc Authority is an online business formation service provider that offers free LLC formation. They like to call themselves the “Full-service business formation specialist.” Along with free LLC formation, the company provides a “comprehensive list of start-up business services” that helps start-ups to grow their business.
Inc Authority may not be the biggest name in the industry, but it has a significant track record in forming businesses. Sites like Trustpilot and Google have impressive user reviews for Inc Authority. Established in 1989 and with a small team (approximately 25 employees) the company outsources some of its services, making its packages a little more pricey than the other competitors. However, within the last 30+ years, they have managed to form 250K+ business entities.
Inc Authority has several packages including Entry, Starter, and customized packages. The entry package is the basic one that offers free LLC formation and free registered agent service for one year.
Note: If you find other reviews of the best LLC service, Inc Authority mostly stands in the Top 5 positions. The main reason for this is their Free LLC Service. Hence, it is more popular among start-ups and small businesses.
Packages Offered by Inc Authority
Inc Authority offers two types of packages. The basic one offers free LLC formation and free registered agent service for 1 year along with other basic services. The premium package offers more advanced services including an operating agreement drafting, obtaining EIN, and such.
Entry Package – Free LLC Formation
$0 + Additional State Fees may apply
As mentioned above, in this package you can set up your LLC for free. While forming your LLC, you may have to pay the state filing fees to the state government. However, in most states, these fees are tax-deductible. Hence, you will probably get a chance to set up your LLC at no cost at all. Besides, free LLC formation there are other services included in this package. They are:
- Business name check
- Registered Agent Service for 1 year (after that it costs $99/year)
- Preparation and Filing
- S-Election Form
- Digital Storage
- State & Federal Tax Planning Consultation
- Business Credit and Funding Analysis
- INC Care Support – email & phone
Entry Package Beneficiaries:
Small businesses should choose this Entry Package Bundle. It is cost-effective and easy. They can enjoy free LLC service as well as free registered agents for one year.
Starter Business Bundle
$399 + Additional State Fees may apply
Starter Business Bundle is the premium package Inc Authority offers. Along with the services offered under the Entry Bundle, there are some additional services included under this package. The additional services are listed below:
- Business Name Availability Verification
- Custom State Filed Articles
- Operating Agreement/Bylaws
- Record Book & Company Seal
- Initial Meeting Minutes & Resolution
- Ownership Certificate
- Employment Identification Number (EIN) from IRS
- Annual Compliance Notification
- Website Domain + 5 email address
- Tax Consultation (up to 1 hour)
- INC Success Advisor
Starter Package Beneficiaries:
This plan is for mid-sized businesses with employees. Once you get an employee in your LLC you will have to obtain the EIN. Under this bundle, you can get EIN as well as other services. Any mid-sized business can opt for this plan to start their LLCs.
Business Executive Bundle
$499 + Additional State Fees (tax deduction may apply)
Business Executive Bundle offers additional services along with the services available under the Starter Bundle. Below are the additional services you will get in this package,
- Business Credit & Evaluation
- Business License Report
- Website Domain
- Tax Consultation with a tax professional (up to 1 hour)
- INC Successor Advisor (1 Year)
Business Executive Bundle Beneficiaries
Mid-sized businesses that are in need of business credit and loans can opt for this bundle. For smaller businesses or start-ups this premium package might be a little expensive. As there isn’t much of a difference between the Starter Bundle and the Business Executive Bundle majorly.
Tycoon Business Bundle
$799 + Additional State Fees may apply
Tycoon Business Bundle is the highest premium bundle Inc Authority offers to their customers. Under this bundle, they offer almost everything. Apart from all the services under Starter Bundle and Business Executive Bundle, Tycoon bundle has some more services. They are:
- Express Processing
- BizCredit Express
- Business Credit Coach
- Multi-tiered Credit Building System
- Business Credit LaunchPad
- Dun & Bradstreet Credit Bureau Registration
Business Tycoon Bundle Beneficiaries
Clearly, this package is for the biggies in the market. You are paying more to get additional services. Some of the services are not required when you are setting up a limited liability company. So, for some this bundle can be over-priced with useless services.
Note: Inc Authority outsources some of its premium services. It triggers the price of the services they offer. Some of these services are not required while forming an LLC. Hence, if you are purchasing a premium package, expect to get some unnecessary services as well.
Other Benefits (Services) Offered By Inc Authority
Inc Authority, like other competitors, offers an A-La-Carte menu of services. If you need it, you can opt for those services without purchasing the bundle. On the other hand, you can purchase separate services along with the business bundles. The prices of these services are not disclosed by the company or mentioned on their website. To know more about the price of these services, you must call or email them.
The A-La-Carte services are as follows,
- Federal Trademark
- Revocable Living Trust
- Website & Marketing
- Business Credit
- Business Plans
- Business Funding
Some of the services you can add at the time of checkout. You can pay for the single service along with the bundle you have chosen to upgrade your package. The services are:
- Operating Agreement: Cost – $89
- EIN: $49
- Website Registration: Cost – $10
- Ownership certificate & seal of legal documents (package): Cost – $99
- Same-day filing: Cost – $49
- Express Delivery: Cost – $30
- Inc Authority Advisor: Cost – $27 (monthly) & $197 (yearly)
Inc Authority Service Plans: At a Glance
|Service||Entry Bundle||Starter Business Bundle||Business Executive Bundle||Business Tycoon Bundle|
|Registered Agent||Available for 1 year($99/year from next year)||Available for 1 year($99/year from next year)||Available for 1 year($99/year from next year)||Available for 1 year($99/year from next year)|
|Business License Search||Not Available||Not Available||Available||Available|
|Website Domain||Not Available||Available||Available||Available|
|Tax Consultation||Not Available||Up to 1 hour||Up to 1 hour with tax professional||Up to 1 hour with tax professional|
|Business Funding & Evaluation||Not Available||Not Available||Available||Available|
|Express Processing||Not Available||Not Available||Not Available||Available|
Final Verdict: Should You Use Inc Authority?
Before we jump into any final decision, let’s recall what Inc Authority offers and whatnot. It is inevitable that the free LLC formation service has surpassed any deal available in the market. Along with that, you will get to enjoy free registered agent service for a whole year. After that, you will have to pay for that.
On the other hand, mandatory services like an operating agreement come with a price tag under the premium bundle. Apart from that, obtaining EIN which is free if you get it from IRS, has a price too. If you opt for the premium bundle, you will get some unnecessary services that are not related to LLC formation. Even if you don’t need them you have to pay for them.
When Should You Choose Inc Authority?
If you are a small business looking to form your LLC, then you should consider Inc Authority’s Entry Bundle. Businesses or startups that do not require advanced services like business planners, business credit, or business funding analysis, can opt for Inc Authority.
When You Should Not Choose Inc Authority?
Now, if you are far away from the basic level, that means not a starter in the business, then you should not consider this company. The reason why I am suggesting this is because the services that Inc Authority offers in their premium package, may be available at a lower price from other competitors. So, if you are a midsize or a biggie in the industry then you may compare and consider other available business formation services.
Inc Authority Alternatives
If I have to consider an alternative to Inc Authority, I would choose ZenBusiness. It is the next best service you will find in the market. ZenBusiness offers a minimum of $39 formation fees that include all the required documentation including the operating agreement templates as well. Read the full post on ZenBusiness Review here.
Inc Authority Review: Summary
Considering them outsourcing some of their services unlike other service providers like ZenBusiness, they charge a little more for the same/similar services than Incfile or ZenBusiness. To wrap things up, I would say, if you are looking for free LLC service as well like registered agents, EIN, or operating agreement at cheaper pricing, then it would be better to choose instead of Inc Authority.
Inc Authority vs Others
How to Use Inc Authority
You need to set up your account by providing all the necessary details. You can use the Inc Authority services for business name search, registered agent services, LLC filing tax planning, etc.
If you’re wondering How to Use Inc Authority, then you’re in luck! This online business entity service offers free incorporation for new businesses. If you don’t have the time to complete this process yourself, Inc Authority offers customer support and a chat option. They also offer additional information buttons that you can click on to get more details about the service. Here are some tips to help you start your company the right way. Hopefully, you’ll find these tips helpful.
One thing you should keep in mind about Inc Authority is that you can’t use their service if you’re not in the beginner’s level. There’s a free version, but you’ll need to pay a premium price if you’re not ready to pay the monthly fee. Inc Authority has two levels of customer support: live U.S. support and INC CARE support. Both are available every day from 6 a.m. to 5 p.m. Pacific Time.
After creating your account, you’ll need to enter details about your business. Enter your first name, last name, email address, mobile number, and the type of business you’re starting. Select an address, and optional upgrades. These include trademarks and revocable living trusts. Inc Authority also offers business credit, website and marketing upgrades. Once you’ve chosen your business name, you can select between three start-up bundles.
After your business is created, Inc Authority wants to work with you post-incorporation. Beyond incorporation, they can also help you with other legal issues. In addition to business credit and funding, they offer other services like business coaching. If you’re unsure of the name of your business, Inc Authority will check it for you. This free service will also provide you with digital startup legal documents, which you can download and store in your client portal.
Once you’ve formed your business, Inc Authority will also help you get all the necessary licenses for your business. While you’re in the process of incorporating your business, this service can save you a lot of time and effort. When registering your business, Inc Authority can help you obtain the required licenses and permits. In addition to incorporation, Inc Authority also offers one-off services. Check the company’s website for more details.
Inc Authority is a good option if you need to incorporate your business fast. With a free plan, you can save money on the incorporation process. However, you’ll still have to pay for the state’s incorporation fees. Alternatively, you can consider using a discount code on discount coupon sites. You can also use your birthday to receive an extra discount. You can use the Inc Authority coupon code to get a discount on your order.
Whether you want to incorporate a company in one state or multiple states, Inc Authority makes the process quick and easy. The service offers free incorporation for small businesses in over thirty states and a free website. There are also paid bundles for more advanced incorporation services. However, the free version will give you a head start and help you save money in the long run. The benefits of registering a business with Inc Authority are numerous.
Yes. Inc Authority does not charge any price to form an LLC. However, the state filing charges/fees may apply.
It is not mandatory to have a registered agent for your LLC. But, it is highly advisable to have one for proper & timely filing of various documents & taxes. So that you don’t have to bear late fees or penalties.
You can cancel their services anytime by calling on their phone number. Call on 877-684-2836, their official phone number to cancel the service.
Yes, Inc Authority is a completely legit business. They have started their journey in 1989 and since then around 250K+ companies have been generated by Inc Authority.
The entry-level package offered by Inc Authority does not cost you anything to form an LLC. You may have to pay a minimum state fee to register your LLC name and file Articles of Organization.
The Free Formation service offered by Inc Authority is the most attractive service offered by them, it’s the front runner. However, for any additional services, the packages are a bit on the higher side. It is advised that you compare the package prices & then choose the most suitable package.