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Swyft Filings Reviews 2021
Are you on the lookout to register a company and prefer to have a professional service handle the paperwork for you? If you have answered yes, then Swyft Filings is one of those LLC formation companies which can get the job done. Swyft Filings was established in 2012 which means that they are a relatively young company. However, in this time period, they have been able to carve out a significant market share despite heavy competition.
The company has several unique features to provide to its customers. For instance, with Swyft Filings, you can avail of same-day filing for all the documents. Also, their packages are quite cost-effective which is great for new entrepreneurs. So let’s take a look at the various aspects of opting for the services. But before delving deeper into the various aspects, let’s explore the advantages and disadvantages of opting for Swyft Filings.
Advantages of Opting for the Services of Swyft Filings
Here are some of the advantages of opting for the services of Swyft Filings.
- To be precise, their base rate of $49 is among the least expensive options for LLC formation service among all other companies. Hence, this is a tough price to beat and is $50 less than LegalZoom.
- Another key highlight is that they receive fantastic feedback from their clients. No matter where you look online, you would find a large number of positive customer reviews.
- Quite impressively, Swyft Filings offers a 100% satisfaction guarantee. This is the reason that they will refund their service fees without asking any questions if you aren’t happy with their performance.
- Even the cheapest package from Swyft Filings includes a thirty-minute consultation session on business tax. Moreover, irrespective of the package, you would continue receiving lifetime company alerts.
- For budget-conscious entrepreneurs, Swyft Filings would allow them to pay for LLC formation cost in two packages rather than all upfront. So if you are someone with a strict budget, this feature can be quite helpful for you.
Disadvantages of Opting for the Services of Swyft Filings
Here are some of the disadvantages of opting for the services of Swyft Filings.
- None of their LLC formation packages include the registered agent service. On the contrary, many other competitors provide the service of registered agents with various LLC formation packages. However, they charge $149 extra for availing the services of a registered agent which can be an added expense for many entrepreneurs.
LLC Formation Packages of Swyft Filings you need to know
Let’s take a detailed glance at the LLC formation packages provided by Swyft Filings. To be precise, Swyft Filings provides customers with three options in LLC formation packages. They are basic, standard, and premium. Each of these packages has its own unique characteristics.
Basic Package which costs $49 along with State Fees
With the basic package of Swyft Filings, would be able to accomplish the preparation and filing of the articles of the organization. What’s more, to officially form your organization within the state, Swyft Filings will prepare the necessary paperwork and then would file them with the Secretary of State’s Office in your respective state of formation.
With this package, you would also be able to carry out name availability verification. For instance, Swyft Filings would search through your state’s official business database to ensure there aren’t any other organizations using the same name. With the basic package, you would be able to get lifetime customer support.
You will receive as many phones and email support you need throughout the lifecycle of your business. Another key highlight of this package is the presence of a 30-minute tax consultation. You would have access to a consultation session with a national accounting firm to discuss how your business would be taxed.
You can also gain quality knowledge on how to use business bank accounts and much more. With the basic package of Swyft Filings, you also avail the corporate compliance tool. This tool would help you keep track of crucial filing deadlines so that you don’t have to worry about missing the due date with your formation state. What’s more, you would also have the opportunity to access your incorporation documents here.
Standard Package which costs $149 along with State Fees
With the standard package, you would get everything mentioned above in the basic package. However, there are a few extras that would avail with the standard package. The standard package entitles you to possess a federal tax ID number also known as EIN. It is primarily the business equivalent of a social security number.
Note that it is a nine-digit code with which you can recruit employees, open business bank accounts, pay business taxes, etc. The standard package also entitles you to receive the LLC operating agreement. Note that this document outlines the ownership structure of your new organization.
Moreover, it also defines various types of rules and regulations about how the LLC would be operated. Through the standard package, Swyft Filings would draft this vital document for you. The standard package also helps you to set up your first meeting as an LLC. This meeting is also known as the organizational meeting.
It is usually not required by the law to use minutes for this meeting. However, if you want to arrange such a meeting, Swyft Filings would help you with the organizational minutes. Swyft Filings would also help you with the banking resolution through this package. A banking resolution is a document that enlists the people authorized to open a bank account for your LLC. But one should be aware of the fact that this feature is somewhat redundant because of the inclusion of the EIN number.
Premium Package which costs $299 along with State Fees
With the premium package, you would get all the features from the standard package along with some extra features. So here are some extra features which you would get with the premium package. With the premium package of Swyft Filings, you would be entitled to receive a digital corporate kit.
A digital corporate kit is an electronic version of a classic LLC kit and seal. It carries a symbolic feature that has a digital seal and represents your company. It also comes equipped with a ledger to track ownership transfers and personalized stock certificates for your own group. Also, with the help of the premium package from Swyft Filings, you would be able to get a business website along with three months of hosting.
In other words, you can get a basic business website made from one of their pre-designed templates. However, you have to be mindful of the fact that you have to pay for the hosting services once the three-month trial period gets over.
The Overall Pricing and Value of Swyft Filings
There is no denying the fact that Swyft Filings has attractive price points. However, the overall value of the packages offered by Swyft Filings ends up being a bit of a disappointment. Let’s take the example of the basic package offered by Swyft Filings. While it costs only $49, it doesn’t come with the extra features to assist you to establish your business.
On the other hand, the standard package is pretty reasonable for the price, but the premium package is pretty expensive without adding much value. Moreover, the registered agent service of Swyft Filings costs around $149 extra. You would find a lot of fluff being added to the features of the packages which makes them highly costly.
If the registered agent service came as a standard part of the packages, it would have been better for new entrepreneurs. Moreover, some of the features in the packages would be provided via a third-party. So as you can see there isn’t much to talk about when the context is about the value of overall pricing.
Overall Turnaround Time of Swyft Filings
One of the key highlights of Swyft Filings is the same or next business day processing. However, this doesn’t guarantee you faster processing once the paperwork reaches the state. But note that Swyft Filings never take more than a day to submit your LLC formation documents which is a big plus. Based on your state’s expediting options, Swyft Filings will also facilitate rush service with your state government for an additional fee. Whether you select standard or expedited service, they will provide you with a time estimate for your particular state. Their turnaround times are quite competitive when compared with the other organizations. Moreover, Swyft Filings charges you an extra $20 for electronic delivery of your documents after they have been filed with the state. This is something that has been provided for free by a majority of online incorporation services. Usually, the extra $20 fee is for the immediate delivery of these forms.
One of the key highlights of Swyft Filings is its customer support. Note that Swyft Filings offers email, chat, and phone support to their customers. You would be impressed with the response times of the customer service department in each of these channels. If you reach out to them via chat, you would be connected to a customer service representative almost instantly.
The entire chat time in most of the cases would be less than one minute. Similarly, their email support is quite fast. They would get back to you within four hours which exudes practicality. On the other hand, their phone support will also leave no room for compliance. You would be on hold for a little over a minute and when you would connect with the representative, they would answer all your queries politely.
Ease of Placing an Order with Swyft Filings
Once you have selected a package and add-ons, the process of applying doesn’t take long. Usually, it takes 15 minutes to avail all the information you require. Note that they don’t include registered agent service with any of their packages. The advantage of having a registered agent is that it protects your personal information by allowing you to use Swyft Filings.
While you can add registered agent services to your package, the application process to do is a bit confusing. What’s more, with Swyft Filings, you would also have the opportunity to add a business license and permit package to your business formation. This feature usually researches the local, federal, and state government procedures so that your organization can operate in a smooth manner.
Well, Swyft Filings was established by an attorney way back in 2012. Since then, they have been providing unmatched LLC formation services. When the context is about customer reviews, Swyft Filings has an upper hand over other companies. In fact, the feedback given by customers is one of their major strengths. Overall, Swyft Filings is a decent LLC formation company you can opt for to avail yourself hassle-free services. They have an impressive track record which serves as one of their highlighting attributes.
Overall, Swyft Filings is a bit of a mixed bag. Their customer feedback is good and hence it is evident that customers are satisfied with them. Yes, they have some sort of issues with their formation packages. But if you don’t have any issues with that, Swyft Filings is a great choice. You can also read out the best LLC reviews in 2021.
Frequently Asked Questions
What is the Refund Policy of Swyft Filings?
Note that they have the best refund policy in the entire industry. Their 100% satisfaction guarantee depicts that they will refund your money at any point in time.
Is Swyft Filings Legit?
Swyft Filings has been operating in the realm of LLC formation since 2012. They have the experience of serving thousands of entrepreneurs which makes them stand out.
Does Swyft Filings Share Information with Third Parties?
Yes, Swyft Filings does share information with third parties. They have various types of packages that clearly highlight that they share information with others.
Do they offer Discounts?
Well, you wouldn’t find them offering any promo codes or discounts. While their prices are reasonable, it would be great if they offer some type of discount.