Detailed Description Incfile Review.

Overview of Incfile

Incfile is an online business formation service that helps entrepreneurs and small business owners set up their companies.

Founded in 2004, Incfile has assisted in forming over 500,000 businesses, offering services that include the formation of LLCs (Limited Liability Companies), S-Corps, C-Corps, and Nonprofits. The platform is known for its ease of use, affordability, and comprehensive suite of tools that cater to new and existing businesses.

Ready to profit from your passion? Start your own online business and make it legal now. Click here.

Bizee is the official Incfile partner.

Incfile Key Features and Services

Incfile Business Formation Services:

• LLC Formation: Incfile offers LLC formation services with a streamlined process that can be completed online. They assist with filing the necessary paperwork with your state, obtaining an Employer Identification Number (EIN), and providing a digital dashboard to manage your business documents.
• Corporation Formation: For those looking to form a C-Corp or S-Corp, Incfile provides the necessary guidance and paperwork, including drafting articles of incorporation and helping with tax election forms.
• Nonprofit Formation: Incfile also assists with forming nonprofits, ensuring compliance with state-specific requirements and helping with IRS filings for tax-exempt status.

Incfile Registered Agent Service:

• Incfile includes one year of free registered agent service with every business formation package. A registered agent is required by law to receive legal and tax documents on behalf of your business. After the first year, the service renews at a competitive rate.

Incfile Operating Agreement and Bylaws:

• For LLCs and Corporations, Incfile provides customizable templates for operating agreements and corporate bylaws, which are crucial for defining the management structure and operational procedures of your business.

Incfile Compliance Tools:

• Annual Report Filing: Incfile offers tools to remind you of annual report deadlines and can handle the filing on your behalf.
• Order Status Tracking: Through their online dashboard, users can track the status of their filings in real time.
• Business License Search Tool: Incfile provides a tool to help you determine what licenses and permits your business needs based on your industry and location.

Incfile Additional Services:

• EIN/Tax ID Number: Incfile helps obtain an EIN from the IRS, which is necessary for opening a business bank account and handling payroll.
• Name Availability Search: Before filing, Incfile checks to ensure that your desired business name is available in your state.
• Banking Resolution: Incfile provides a banking resolution document to help you open a business bank account.
• Domain Name and Website: They offer options to purchase a domain name and set up a basic website for your business.

Incfile Pricing Plans

Incfile is known for its competitive pricing, especially considering that it offer a basic LLC formation package at $0 plus state filing fees. Here’s a breakdown of their main packages:

1. Silver Package ($0 + State Fees):

• Business formation (LLC, S-Corp, C-Corp, Nonprofit)
• Name availability search
• Preparation and filing of articles of organization/incorporation
• One year of free registered agent service

2. Gold Package ($199 + State Fees):

• Everything in the Silver Package
• EIN/Tax ID Number
• Operating Agreement/Bylaws
• Banking Resolution
• Lifetime company alerts
• Business banking account setup
• S-Corp tax election form (if applicable)

3. Platinum Package ($299 + State Fees):

• Everything in the Gold Package
• Expedited filing
• Domain name and business email
• Business contract templates
• Priority support

Incfile Customer Experience

Ease of Use:
Incfile’s platform is user-friendly, with a simple and intuitive interface. The step-by-step process makes it easy for anyone, even those with no legal or business background, to form a company. The dashboard is particularly helpful, providing easy access to important documents and tracking the progress of your formation.

Customer Support:
Incfile offers customer support via phone, email, and live chat. Reviews indicate that while support is generally responsive and helpful, some customers have experienced delays in communication, particularly during peak times. However, many appreciate the detailed help available for complex questions, especially related to state-specific regulations.

Turnaround Time:
The turnaround time for business formation varies by state and package. The Silver package typically takes longer due to standard processing, while the Platinum package includes expedited filing for quicker results. Most users report satisfaction with the speed of service, though some have experienced delays due to state processing times.

Registered Agent Service:
The inclusion of a free registered agent service for the first year is a significant value. This service helps ensure that your business remains compliant by receiving and forwarding legal documents in a timely manner. After the first year, the renewal fee is competitive compared to other services.

Incfile Pros and Cons

Pros:

• Affordability: Incfile’s $0 base package is highly attractive for entrepreneurs looking to minimize startup costs.
• Comprehensive Services: From business formation to ongoing compliance, Incfile offers a full range of services that cater to various business needs.
• Ease of Use: The platform is designed to be user-friendly, making the business formation process straightforward.
• Free Registered Agent: One year of free registered agent service provides added value and peace of mind.
• Transparent Pricing: Pricing is clear and upfront, with no hidden fees.

Cons:

• Customer Support Delays: Some users have reported delays in customer support response times, especially during busy periods.
• Limited Customization: While Incfile provides templates for operating agreements and bylaws, some users may find these documents too generic and require further customization.
• Upselling: As with many online services, Incfile does engage in upselling, which can be a bit overwhelming for users who are looking to keep costs low.

Incfile Review: Conclusion

Incfile is an excellent option for entrepreneurs and small business owners looking to form a company affordably and efficiently. Its $0 base package is a standout feature, providing essential services at minimal cost.

The platform is user-friendly, and the inclusion of a free registered agent service for the first year adds significant value.

While there are some minor drawbacks, such as potential customer support delays and upselling, the overall service is highly regarded in the business formation industry. For anyone looking to start a business with a simple, straightforward process, Incfile is a strong contender.

Ready to profit from your passion? Start your own online business and make it legal now. Click here.

Bizee is the official Incfile partner.