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Inc Authority Reviews
Inc Authority has been in business since 1989 and has formed well over 130,000 business entities since then. One of the highlighting aspects is that they would help you form your LLC completely free of cost. This is what makes them one of the only two companies which truly offer free business formation services.
To be precise, you would find a large number of organizations offering company formation services online. However, it has a unique offering that makes them well worth looking at even amidst heavy competition. This review would cast an in-depth glance at the various aspects. Also, with Inc Authority reviews, you would be in a clear mind to determine if they are the right choice for your company formation needs or not.
A Brief Overview of Inc Authority
When compared to most of the organizations out there, Inc Authority has a different perspective. While most companies charge service fees to form your LLC, Inc Authority actually offers to do it for free. As long as you pay your state fees, it would be happy to help you form your LLC completely free of cost.
Quite impressively, they also include a full year of registered agent service at no extra cost. But if you think that it impresses you only with its pricing structure, you are wrong. They are one of those LLC formation companies that have got great customer feedback. Also, they have thousands of reviews available and near-perfect rating scores.
Note that you would hardly find any drawbacks of the free services of Inc Authority. But the paid premium company formation plans are quite expensive. But before going into all those details of Inc Authority, let’s take a look at the pros and cons of opting for the services of Inc Authority.
Pros of opting for Inc Authority
Here are some of the advantages.
- They are one of only two companies in this entire industry that offers LLC formation services for free. Quite interestingly, you cannot argue with that!
- Feedback given by Inc Authority customers is one of the major advantages. To be precise, they have more than 3000 reviews available online. Nearly all these reviews are positive in nature.
- Even with the generous pricing model, Inc Authority includes one full year of registered agent service with every business formation purchase.
- On the other hand, if you are buying their paid services, Inc Authority would offer you a 20% discount coupon. Note that there is hardly any consistent spot to find it on their website. However, the experience would pop up if you leave the order form page idle for a few minutes.
Cons of opting for Inc Authority
Here are some of the disadvantages.
- The premium packages of Inc Authority are quite costly as they start at $399. While they are certainly more affordable than hiring an attorney to form an LLC for you, it is quite higher than most LLC formation services.
- Another downside of opting for the services is their refund policies. Inc Authority doesn’t offer refunds to anyone under any situations. A vast majority of their competitors have well-established refund policies. But, it would reject every refund request they will receive.
Now you are well-aware of the pros and cons, let’s take a glance at their formation packages.
The Free Package- Costs $0 along with State Fees.
As mentioned earlier, the free package is one of the prime attractions for the users to opt for the Inc Authority services. With the free package, you will avail of the services of the name availability search. Under this feature, Inc Authority will run a search through your state government’s website to assess whether the business name you want to use is available in your state or not.
Under the free package, you would also be able to prepare and file articles for the organization. In other words, it would draft your LLC formation documents and file them with your state to officially create your business entity. Another highlighting feature of the free package is you would be availing one year's worth of registered agent service free of cost.
In other words, it will act as your registered agent for a period of twelve months. And if you require further services after one year, you can renew by paying $99 per year. If you select to categorize your LLC as an S corporation for taxation, Inc Authority will prepare and file the necessary documents on your behalf.
Also, it offers you third-party partnership offers. For instance, you would be availing business checking account, which would be offered through Bank of America. Moreover, you would also avail of tax planning consultation services, which would be offered through an unnamed third-party vendor. Quite impressively, you would also get business funding analysis offered to you via an unnamed third-party vendor.
The Starter Pack- Starts at $399, along with State Fees.
Note that the starter pack of Inc Authority comprises all the features of the free package along with some extras. For instance, with a starter pack, you would have an LLC operating agreement. Note that every LLC should have an operating agreement. It is an internal document that outlines the crucial aspects of how the businesses would operate.
When you opt for the starter pack, Inc Authority will draft this document on behalf of your LLC. With the starter pack, you would also be availing of the record book along with the company seal. Note that this is a symbolic feature that provides you with a binder to keep your documents safe.
It also comes with a customized seal that shows how documents were authenticated in the earlier days. Quite impressively, you would also receive an ownership certificate when you opt for the starter pack. Note that it will provide you with a membership certificate for each one of your LLC’s owners.
With the starter pack of Inc Authority, you would also be receiving the federal tax ID number or the EIN. Note that most LLCs need an EIN to carry out basic things like filing taxes, hiring employees, and opening a business bank account. On your LLC’s behalf, Inc Authority will acquire this number from the IRS.
You would also be availing one year Inc protection advisor when you opt for the starter pack. With this feature, you would avail customer support for advanced issues that include audits, lawsuits, payroll, business licensing, and more.
The Executive Pack- Starts from $499 along with State Fees
This package contains all the starter pack features along with some extra features. With the executive pack, you would be availing of business license support. In other words, you would receive access to Inc Authority’s business licensing software platform, which would help you determine which licenses and permits your business needs based on your location and the nature of your business. The executive pack also entitles you to get a website domain for your LLC.
The Tycoon Pack- Starts from $799 along with State Fees
When you opt for the tycoon pack of Inc Authority, you will receive everything from the executive plan along with some extra features. For instance, with the help of the tycoon pack, you would be availing of the express processing feature. Moreover, you would also have access to the BizCredit express when you opt for the tycoon pack.
Note that the BizCredit express comes equipped with several resources. For instance, you would have access to a business credit coach who would provide you with ninety days of extensive business credit coaching sessions. On the other hand, you would also have access to the revolutionary multi-tiered credit building system.
Under this feature, you will have resources that would help you build up your business credit score. You would also have access to a business credit launchpad, a step-by-step program that walks you through each step of developing business processes.
Cost Value of opting for Inc Authority
The Inc Authority offers free formation services which would appeal to budget-conscious entrepreneurs. If you are looking forward to setting up an LLC, the free business formation package has got you fully covered.
But note that the startup bundles are more expensive than similar LLC services available. The startup bundles start at $399 per year along with the state fess which is not feasible for entrepreneurs who are just beginning their business journey. If you want to avail of premium services at a lower cost, then it may not be your ideal option.
Customer Service of Inc Authority
Inc Authority excels at providing high-quality customer service and support. As per the Inc Authority reviews online, the customers are quite pleased with the support they receive from the customer representatives.
They have various modes of communicating with their customers, which exudes practicality. For instance, you can contact them via mail, phone, and live chat. In all these three departments, Inc Authority doesn’t take long to respond. Also, the customer care representatives would help you solve your query in the quick possible time.
Features of Inc Authority
The free formation package includes a decent number of LLC features. For only $0 and state fees, it would take care of name checks, business document filing, etc. What’s more impressive is that they include a full year of registered agent service free of cost.
With the registered agent service, you will stay compliant with the law and provide you with peace of mind so you can focus solely on running your new business. In its free formation package, you cannot receive an EIN or operating agreement.
Should you opt for the Services of Inc Authority?
There is no denying the fact that Inc Authority comprises a lot of positive aspects. However, their services won’t be the perfect fit for every entrepreneur. You should opt for their services if the idea of having your LLC professional formed for free greatly appeals to you. If you value good customer feedback, then opting it would be a great option.
On the other hand, you shouldn’t use Inc Authority and its services to look for advanced features. Moreover, if you want to opt for an LLC formation company's services with a user-friendly website, Inc Authority isn’t your best bet.
From the Inc Authority reviews, you can make yourself comfortable to know more about the company and its pricing. If you are not satisfied with the particular company, you can also go through the list of best LLC companies to make your choice much better than the rest.
Frequently Asked Questions:
Does Inc Authority offer any Discounts?
Well, Inc Authority doesn’t usually offer free promo codes and discounts. But they offer free formation services, which is a great thing in itself.
Is Inc Authority legit?
Inc Authority has been in the business formation industry since 1989. To date, they have established more than 130000 businesses. So they are, of course, legit.
Is there an easy refund policy associated with Inc Authority?
Well, one of the main downsides of availing the services of Inc Authority is their refund policies. In other words, they actually don’t allow refunds under any circumstances. So if you order something from Inc Authority, be prepared for non-refunds.
Does Inc Authority oversee specific requirements of the State?
Note that Inc Authority will reserve your business name in Alabama, but they don’t offer any publication service in the states that require it. So if you want to form an LLC in New York, you have to take responsibility for the publication requirement.
Well, Inc Authority is one of the only two companies in the entire industry which offers free LLC formation services. Because they have an array of positive attributes, it makes sense to opt for their services only when you are budget conscious.