Inc Authority is a tried and tested formation company in the industry and they have helped hundreds of thousands of entrepreneurs form companies since their founding in 1989.
They are one of the only companies in the legal industry that offers a free LLC company formation setup, without any required add-ons or upsells.
This offer alone makes Inc Authority a compelling company for many new business owners on a budget.
We have used Inc Authority and spoken with previous customers to put together this in depth review and guide to help you make the best decision of which Inc Authority package is best for your unique needs.
Pros & Cons of Inc Authority
Pros of Inc Authority LLC Formation Services:
- Offer a free option for LLC formation (just cover your state fee). This is very rare in the industry and an excellent package to offer to bootstrapped entrepreneurs.
- One full year of Inc Authority’s registered agents service is included free of charge with each new business formation package.
- Overwhelmingly positive customer feedback across review sites on the web.
- Generous coupons and discounts frequently available to entice new customers
- Fast and friendly customer service agents willing to assist and answer any questions or concerns you run into.
Cons of Inc Authority LLC Formation Services:
- Pricing of premium packages is much higher than competitors like Zen Business, Legal Zoom, MyCompanyWorks, IncFile, and Swyft Filings. Priced around $399, this is still an affordable option compared to a custom attorney but far from the cheapest LLC formation service available online today.
- A strict no refund policy that is unique in the online business formation industry.
Inc Authority LLC Formation Packages
Like most of their competitors, Inc Authority provides several different bundle and options of features for LLC formation service customers to choose from.
Free = $0 + State Fee
Here’s what you get in their free standard LLC formation package:
Business Entity Name Availability Search
This package will help search through your state’s website to check where your proposed business name is available or already in use by another entity.
Prep & Initial Filing of Articles of Organization
Inc Authority will put together your LLC formation documents and file them with the state government to officially form your new company.
1 Year of Free Registered Agent Service Included
Inc Authority will be your registered agent for one year to receive mail and important documents related to your business operations and tax standing.
S Corp Tax Election Form Option
You can elect to identify your LLC as an S Corp for tax purposed, and you can have Inc Authority create and file the necessary documents for this for you to save time and reduce the risk of costly mistakes.
Add-ons & Partnerships with 3rd Party Vendors
- Business Checking Account offer by Bank of America
- Tax Consulting & Strategies
- Business Funding Options Consulting
Starter = $399 + State Fee
This package includes all features in the free package and adds the following:
LLC Entity Operating Agreement
Each LLC can opt to have an operating agreement (depending on the state if it’s mandatory or not). This agreement details how the company will operate and who is responsible for what task and time commitments. Inc Authority can handle your company’s operating agreement creation on your behalf.
Record Book and Custom Company Seal
You will be provided with a binder to display for professional logo and keep all business documents safe and organized.
Each member of your LLC will have an ownership certificate created for them.
Federal EIN Number Creation and Registration
An EIN (Employer Identification Number) is like a social security number to give a unique identify to your company in the eyes of the IRS. An EIN is also frequently required to open a business bank account, hire full time employees, and without will certain wholesale vendors.
One Year Inc Protection Advisor
Custom support from an Inc Authority agent to handle advanced needs like audits, business licensing, legal, payroll, banking relationships and more.
Executive = $499 + State Fee
The Executive package includes all features in the lower packages in addition to:
Business License Reporting
You can gain access to Inc Authority’s business licensing software to quickly identify the required licenses and regulations that your business must meet in order to operate. This largely depends on the location and type of your business venture.
Website Domain Name Registration
A website domain allows you to reserve the perfect name for you business to help with marketing, discoverability, and to create custom professional email addresses for members of your organization.
Tycoon = $799 + State Fee
This highest level package includes all features in the previous packages in addition to:
Inc Authority will prioritize your request for the fastest turnaround time to get your company formed in a timely manner.
BizCredit Express Access
This is a custom suite of software tools that can help you develop and improve your business credit. The following resources are included in this package:
- Business Credit Coaching: 90 days of 1 on 1 coaching
- Credit Building Tools and Resources
- Step by Step Business Credit Launchpad program.
- Dun and Bradstreet Credit Bureau Registration
Final Thoughts & Conclusion About Inc Authority LLC Formation Services
With an overwhelmingly positive response from past customers, it’s unlikely you will have a bad experience if you choose to incorporate with Inc Authority. Their free tier of pricing makes them especially attractive to business owners on a budget, and the higher tier plans are a great choice for those looking for a higher level of white glove service and an expedited incorporation experience.
Frequently Asked Questions About Inc Authority LLC Formation Service
Does Inc Authority Offer Any Discounts?
There are no available coupons, however the free tier makes a coupon unnecessary.
How is Inc Authority Customer Suppory?
They are know for a high level of customer support, the only exception is the limited and rigid refund policy.
Is Inc Authority Legit?
Yes they have been around for decades and have helped hundreds of thousands successfully form companies
Can I just Form an LLC and get an EIN on my own?
Yes, however professional services can be a great option to reduce the complexity and risk of mistakes as they form hundreds of companies per day with overwhelmingly high success rate.