Inc Authority is an LLC formation service that has gained a lot of popularity in recent times. With many people looking to form businesses and establish new ventures, Inc Authority has made it much easier to get the filings and resources you need to hit the ground running.
Based in Reno, Nevada, Inc Authority has over 30 years of experience in the LLC formation industry. They have helped hundreds of thousands of businesses get set up and established, so there is a pretty enviable track record to back what the company does.
Inc Authority combines some of the best and brightest minds in the LLC formation industry with a strong work ethic.
This LLC formation company has a range of services on offer; from helping you with drafting your business plan to assist with legal services when your company eventually gets off the ground. With a wide array of services, it is no wonder that Inc Authority has become so popular.
In this review, we will look into Inc Authority and what the company provides its customers. If you’re wondering whether to do business with them, we’ve got you covered:
Inc Authority Pros and Cons
Below, we have highlighted some of the benefits and drawbacks of Inc Authority:
Pros
- A free base service: Inc Authority allows you to begin with establishing your company without paying anything. Its free service is also quite extensive.
- Registered agent: Inc Authority will act as a registered agent for your company even after you’ve established it. This way, they help you with a court summons and more possible issues.
- Great online ratings: Inc Authority has amassed a lot of positive ratings. It has 4.8 stars on TrustPilot, making it one of the most highly-rated LLC formation services.
- Available coupons: Inc Authority also provides coupons to first-time customers sometimes. This offers an opportunity to save a great deal of money.
Cons
- No refunds: Inc Authority doesn’t offer refunds under any circumstances. If you give these guys your money, you better be prepared to stay for the long haul.
- Expensive services: For all the freebies and available opportunities to earn, the premium service packages on Inc Authority are pretty expensive.
Inc Authority Formation Packages & Pricing
Inc Authority has a pretty straightforward pricing structure. With the company, you get the following:
- The Free Business Bundle
- The Starter Business Bundle
- The Executive Business Bundle
- The Tycoon Bundle
The Free Business Bundle
Inc Authority provides some of its services for free. These are the foundations of what you will need to get your company started, and the fact that you get them here for free is a big advantage for new customers and Inc Authority. Note that you will need to pay state fees.
With this package, you get the following services:
Name Availability Check
Starting your business begins with getting a business name. The only issue is that you’re most likely not the only person thinking of using that name. If you form your business using a name that is already registered, you risk losing a lot – you could be sued, customers might make mistakes when trying to reach you, etc.
To help reduce the risk of this happening, Inc Authority will conduct a name availability search and ensure that there is no other company in your desired jurisdiction.
Registered Agent Service
The registered agent is one of the most important professionals who can work for any company. When you establish a company – and even during operation – there will be times when you will need to make filings and appear at courts. It could be a summons or some sort, and you will need to make an appearance. Inc Authority will act as a registered agent, serving as a liaison between you and the court.
The registered agent receives a summons from the courts and ensures that your communications with the courts are as seamless as possible and also takes the stress off your shoulders.
Document Filing and Preparation
There are a lot of documents that you will need to file as you try to establish your business. From drafting and filing the necessary documents to sending them over to the right authorities, the entire process can be a bit of a drag – especially if you have other things to do that require your optimal attention.
This is where Inc Authority will come in. Their experts will take all the information available about your company and compile them into the right filings for you. The company’s process is extremely efficient, and they’ll provide the utmost customer support to make sure your paperwork is always in order.
Digital Storage & Delivery
During your incorporation, you will have to make a lot of filings and send documents back and forth. You must have records of everything, in case the need arises in the future to use any of the documents again. From your articles of incorporation to the certificate of formation, Inc Authority will provide storage and delivery for free.
The company will send the documents to you directly, ensuring that you don’t have to travel to get them. At the same time, the documents are stored on Inc Authority’s client portal. So, if the originals get lost or damaged, you can retrieve them easily.
INC CARE Support
Customer support is the hallmark of every successful client-company relationship. The people at Inc Authority understand this, and they are always here to help ensure that you are at ease.
If you have any questions or challenges, you can always speak to Inc Authority via email and phone. A customer service agent will be there to help you out. It is especially impressive that the company offers this service even for those who don’t pay anything.
Many people who have rated Inc Authority highly have done so because of its customer service. These guys definitely know their stuff, and they’re always happy to help you out.
State & Federal Tax Planning Consultation
Taxes are an important part of any operating business. You will need to sign with the appropriate tax authorities and remit your taxes when they are due, or you could risk getting fined and possible closure of your business (especially for repeat tax evaders). However, there are ways you can save on your taxes and essentially keep more of your business income.
Note that this isn’t tax evasion – your business will still have to pay taxes; just not as much. Consultants at Inc Authority will be able to examine your jurisdiction’s tax codes and find ways to help you save money.
Business Credit & Funding Analysis
Perhaps the most important thing to any company is funding. Sadly, it is highly likely that you don’t have the money to pursue everything you want at this time. This is why companies have access to credit facilities.
To understand how to handle credit facilities, Inc Authority will have experts examine your company credit requirements and share solutions that you can explore. This will allow you to get access to additional funds and understand the funding terms. Business Credit & Funding Analysis will provide you with the benefits of funding your business so that you can expand your business faster.
S-Election Form
An S Corporation is a specific type of company that meets specific requirements from the Internal Revenue Service (IRS). Once a company passes as an S Corporation, it will be able to pass income to shareholders without having to pay federal income taxes.
Most businesses that register as S Corporations are small businesses. So, if you’re looking to register as one, you will need to fill the S-Election Form 2553 with the IRS.
You should note that filing this form is optional. However, since many businesses tend to want it, Inc Authority provides the opportunity to file your business as an S Corp as well.
The Starter Business Bundle
The Starter Package takes things further, providing several other important items that you will need to register your company and get off the ground. This package costs $399 plus state fees, and it provides you with the following services:
LLC Operating Agreement
The LLC operating agreement is an important piece of documentation that every company will have when they try to set up. Here, you provide information about the company and the different capacities in which it will operate. The LLC operating agreement will also state the rights and duties of company members – internally to each other and externally to the company’s customers and shareholders.
Drafting and submitting an LLC operating agreement can be pretty challenging. This is why Inc Authority will take care of the arduous process on your behalf. From drafting to filing, Inc Authority will be there to help you out.
Record Book and Company Seal
In all honesty, having a record book and company seal is a symbolic gesture. However, one of the most important aspects of having a business is putting up a good professional outlook. So, you will need to get these as well.
Essentially, Inc Authority will provide you with a binder where you will be able to store your company documents. The customized seal can also help you to authenticate documents and stamp them with your proof of originality. It is useful for documents, especially those sent out of your organization. While the gesture is largely symbolic, it definitely helps with your company outlook.
Ownership Certificates
Every company dreams of growing big enough to expand as it should. But, it never hurts to have the right tools as you prepare for this. The ownership certificates are available to provide proof of ownership to all of your company’s owners and major stakeholders. When ownership is to be passed from one person to another, these certificates will help make it official.
Regardless of whether your company is small, it is great to have official tools to designate ownership. Thankfully, Inc Authority provides them to you as well.
Federal Tax ID Number (EIN)
Every company will need to remit their taxes to the government – we already recognized this. To that end, your company will need an Employer Identification Number (EIN).
The EIN provides several benefits for your company. It is your identification with the IRS, and it also allows you to hire employees and set up a payroll account, set up banking services, and business licenses.
However, getting an EIN isn’t so easy. You might need to wait a while, and the process can be arduous. Inc Authority will help simplify the process and get you your EIN much quicker than if you were to go through this process on your own.
One Year Inc Protection Advisor
Inc Authority is especially popular among customers for its impressive customer service.
With Inc Protection Advisor, you get customer support from Inc Authority for just about anything you can imagine. Whether it’s business licensing, payroll management, lawsuits, or financial audits, the people at Inc Authority are just a call away. All you have to do is give them a call, and they’ll be able to help you out.
Keep in mind that this service lasts for a year. So, you might have to renew it if you want to continue enjoying it after its expiration.
The Executive Business Bundle
The Executive package is a step up from the starter. It comes with a fee of $499 plus state fees, and it provides everything available in the starter package plus the following:
Business License Report
Inc Authority will provide you with access to its business licensing software so you can identify the permits and licenses that your company needs. The software considers your state and the nature of your business, and it immediately provides recommendations for licenses you need to operate your business.
Website Domain
In today’s internet age, it is almost impossible to run a business without having a presence on the internet. Websites provide an opportunity for businesses to connect with their customers – both new and existing. They also serve as a portal where people can find critical information about your company.
Inc Authority will help you to create a website and immediately register it. So, you will be able to share information and manage your business more effectively. A website also provides additional proof of legitimacy – customers don’t trust companies without websites these days, and you don’t want your lack of one to affect your business.
The Tycoon Business Bundle
The tycoon package is Inc Authority’s highest service tier. With a price tag of $799 plus state fees, it includes everything you get in the other packages as well as the following:
Express Processing
Given that you’re paying more, it is only right that Inc Authority considers your order before other customers. With express processing, Inc Authority essentially prioritizes your order and ensures to get your task settled first.
This is especially good if your company is looking to register and get settled quickly. Beyond just settling your order first, Inc Authority promises to get your order settled in quick time. You can trust their expedited processing to help you get your company incorporation done and processed when you need it the most.
BizCredit Express
BizCredit Express is a suite of products and software tools that can help you with developing your dedicated business credit line. As explained earlier, businesses need credit and loans to be able to effectively work. However, your loan worthiness will depend on your credit score. BizCredit Express can help you build this score and improve your financials.
With this tool, you get to enjoy the following software options:
- Business Credit Coach: 90 days of personal business coaching sessions that will improve your operations and ability to do business.
- Multi-Tiered Credit Building System: This tool provides resources that will help you to build and improve your credit score and loan worthiness.
- Business Credit LaunchPad: Here, you get a comprehensive program that guides you through each step of building your business credit. This way, you get to access better financial services and fast-track the growth and development of your business.
- Dun and Bradstreet Credit Bureau Registration: Dun & Bradstreet is a top credit bureau based in New Jersey. They specialize in providing reports and information on commercial credit to businesses. With this package, Inc Authority will sign you up to be a client of the company and enjoy their impressive services.
Inc Authority Alternatives
Inc Authority is undeniably popular, and for good reason. They’re one of the few LLC formation companies that will provide additional value-added services that you don’t need to pay for. However, the company isn’t the only one in the industry.
Several other LLC formation services can provide value to customers for their money. One such company is ZenBusiness. The company is based in Austin, Texas, ZenBusiness has made a name for itself as well.
The company provides impressive LLC formation services, combining quality service delivery with competitive fees. If you want your company established the right way, ZenBusiness is definitely one of the best ways to go.
Inc Authority Customer Reviews
We understand that you might be feeling skeptical about working with Inc Authority. This is why there are review sites available that provide a view of what several former customers have to say about the company.
We searched Inc Authority’s reviews on TrustPilot, and the company currently has an impressive 4.8 rating out of 5. Many customers praised the company for being meticulous and very helpful with its services, especially when it came to reminding them of appointments and explaining some of the important things to them.
Inc Authority doesn’t have a review page on Sitejabber. So, we’ll just have to do with TrustPilot. The reviews on that platform are pretty impressive on their own.
Should You Start an LLC With Inc Authority?
Now that we have an understanding of how Inc Authority works, it is understandable if you still have your doubts. About Inc Authority. We’ve established that the company works, so here is a simple guideline that should help you decide to work with them or not:
Start an LLC With Inc Authority
✔️ Inc Authority has impressive customer service that will help you with everything you need to establish your company.
✔️ Inc Authority also provides a free service, allowing you to begin with the formation process without paying a cent.
✔️ You also get a lot of help from Inc Authority when your company has been established, especially with legal issues.
Don’t Start an LLC With Inc Authority
✖️ Inc Authority’s primary drawback is concerning its fees. It is quite pricey, and you might not have the funds to handle its services.
Final Verdict
That is all there is to know about Inc Authority. This company does a lot to help you establish your corporation, and their help is also available long after your company has been established.
With extensive customer service and enough experience to help you get through the hurdles of building a corporation, Inc Authority is definitely one of the industry leaders as far as LLC formation is concerned.
The only issue with Inc Authority is the fact that the company’s services are quite expensive. The company understandably provides great value for money, but the money itself is quite high. If affordability is what you need, Inc Authority might not be the best service for you.
Frequently Asked Questions (FAQs)
Is Inc Authority legit, reliable, and trustworthy?
Yes, it is. There is no doubt about Inc Authority’s legitimacy. The company has been operating for quite a while, and it has a lot of positive reviews that add to its credibility as well.
Should small businesses work with Inc Authority?
Yes, they should. Inc Authority provides a lot of benefits, including effective service delivery and support even after your company has been set up. However, if your small company is strapped for cash, Inc Authority might not be the best for you.
Can I form an LLC on my own?
You might understandably want to form your company on your own. If anything, it makes things cheaper for you. However, the process takes a long time, and it is especially stressful if you have a lot of other things to focus your time on. When you consider the resources you will spend on the process, you’ll find that having an LLC formation service is much better.
An LLC formation service allows you to take things easy and still have the time you need to handle the other parts of our business.
Can I form an LLC on my own?
You might understandably want to form your company on your own. If anything, it makes things cheaper for you. However, the process takes a long time, and it is especially stressful if you have a lot of other things to focus your time on. When you consider the resources you will spend on the process, you’ll find that having an LLC formation service is much better.
An LLC formation service allows you to take things easy and still have the time you need to handle the other parts of our business.
Is Inc Authority’s customer support great?
Yes, it is. The company’s customer service is one of its shining hallmarks, and many customers have praised it for its efficiency.
Do I have to be a United States citizen to establish an LLC?
No, you don’t. There is no requirement for you to be a United States citizen to file and establish an LLC in the country. You don’t even have to physically be in the country to establish an LLC.
How quickly does the LLC formation process occur with Inc Authority?
There is no information about how long Inc Authority will take before getting your filing done. However, like every other LLC formation service, the company’s work timeline varies depending on the state you’re in.
They can get things done in a matter of days in some states, while others can take some weeks.
What are the customer support channels for Inc Authority?
Inc Authority is available via phone. You can dial them at 1-877-462-6366, and you should note that their operating hours are between 8 AM and 5 PM on Mondays to Fridays.
You can also contact them at info@incauthority.com, and there is a contact form on their contact page for you to leave a dedicated message.
Does Inc Authority have a refund policy?
No, it doesn’t. Before you do business with Inc Authority, you should keep in mind that they don’t offer refunds to anyone under any circumstances.
This is a bit of a demerit, but you should be able to manage. Also, since Inc Authority does a pretty good job, you won’t have to bother about refunds.
Does Inc Authority have a lot of upsells?
We checked Inc Authority’s site, and they do have some upsells. However, these upsell are limited to pages where you make orders, so they won’t be much of a disturbance for you.