When starting a business, selecting a trustworthy service to help incorporate or form an LLC is crucial. Two popular options in the market are Inc Authority and IncFile. Both offer valuable services, but which one is right for you?
In this detailed comparison, we’ll explore their features, pricing, customer reviews, and more to help you make an informed decision.
1. Background and History:
Inc Authority: Founded in 1989, Inc Authority has been in the business for over three decades. Their primary goal is to make business formation affordable and straightforward for entrepreneurs.
IncFile: Established in 2004, IncFile has helped form more than 250,000 businesses. They pride themselves on providing simple, fast, and affordable services.
2. Services Offered:
- Free business formation services (customer only pays state fees)
- EIN/Tax Number obtaining
- Business funding analysis
- Business license report
- Business formation
- Annual compliance services
- Business tax consultation
- Registered agent services
Inc Authority: They stand out with a free starter package, where customers only pay state fees. However, for more advanced services, they have bundled packages ranging from $399 to $799.
IncFile: Their Silver package starts as a free service (excluding state fees). They also offer Gold ($149) and Platinum ($299) packages that come with additional features.
4. Turnaround Time:
Inc Authority: The processing time varies by state but generally takes between 1-2 weeks.
IncFile: IncFile has an edge with its processing speed, often completing orders within 1 week. However, expedited services can speed up the process even more.
5. Customer Reviews:
Inc Authority: Most customer reviews highlight their efficient customer service and the value provided, especially considering their free starter package.
IncFile: Customers appreciate IncFile for its affordability and ease of use. Some reviews also mention their efficient registered agent services.
6. Registered Agent Services:
Inc Authority: They offer a year of free registered agent services. After the first year, the cost is $99 annually.
IncFile: IncFile also provides a year of free registered agent services. Their annual fee post the first year is slightly higher at $119.
7. User Interface and Experience:
Inc Authority: Their website is user-friendly, with clear directions and a helpful support chat. The dashboard is straightforward, making it easy for users to track order status.
IncFile: IncFile’s website is modern and intuitive, allowing users to navigate services easily. Their client dashboard provides a clear view of the company’s standing, reminders, and order statuses.
8. Additional Features:
- Business credit and funding evaluation
- Business plan services
- Trust and estate planning
- Access to tax professionals
- Online access to incorporation documents
- Domain and website services
9. Customer Support:
Inc Authority: They offer phone and email support. Their support team is praised for being knowledgeable and responsive.
IncFile: Apart from phone and email support, IncFile also provides a useful FAQ section, addressing common concerns and questions.
10. Final Verdict:
Inc Authority is a great choice for those looking for comprehensive services and a longer-standing reputation. Their free starter package is a significant attraction, making them an excellent option for entrepreneurs on a tight budget.
On the other hand, IncFile shines with its quick turnaround time and user-friendly interface. Their free incorporation services (excluding state fees) and added features make them a valuable contender.