Inc Authority | Reviews by SmallBizGenius
- Free basic package
- Three-step signup
- Streamlined application process
- Positive customer reviews
- Free registered agent for one year
- Good for LLC and S Corporations
- Money-back guarantee
- Expensive business packages
Score: AFind out more
About the Company
After more than 20 years in business, Inc Authority is widely regarded as one of the most reputable LLC formation specialists in the US. The Reno-based company was founded in 1989 and has since formed more than 130,000 businesses across America.
Inc Authority reviews on platforms like TrustPilot and the BBB applaud the company’s comprehensive range of services. The platform provides you with the tools you need, whether you’re setting up a limited liability company or an S corporation, while allowing you to choose your level of involvement in the entire process.
But how exactly does Inc Authority stand out from the competition? For starters, the service registers your LLC for free. That said, our Inc Authority review also reveals that the company offers premium plans for business owners that need additional tools and are willing to pay for it.
The company’s primary focus is on business consulting services. It’s one of the rare LLC registration platforms that provide a dedicated registered agent for an entire year free of charge. This allows clients to get in-depth tax advice and even build credit through the company’s partners. They might not be the cheapest option in the long run, but the premium packages can be very useful in helping you start a business.
Inc Authority formation packages come in a broad range of prices. The company created this tiered pricing system to accommodate different budgets while providing the best possible service. But the platform’s main selling point is the availability of the free plan.
Basic plan – FREE + state fees
Inc Authority is one of the very few LLC registration services that offer to help you set up your business for free. The basic plan is the platform’s bestseller and one of the main characteristics that makes this a popular LLC formation service.
When compared to any of the premium plans, this is still a highly limited option in terms of features, but it gets the job done for small businesses on a tight budget. In other words, you get the basics, including the registration of the company name and the completion of all the required paperwork.
But while the plan is free, you cannot avoid the state fees. The exact amount you’ll have to pay depends on the state you’re located in. You should also keep an eye on the registered agent. This is a subscription-based Inc Authority LLC service that has to be manually cancelled after the first year or the subscription is renewed, and you’ll be charged on a regular basis.
There are also several optional services you can request in case the basic plan is too simplistic for your needs. These include obtaining an Employer Identification Number (EIN) and website hosting with a custom domain attached.
Here’s what you get with the free plan:
Verify company name availability
You can check the name availability, get some suggestions for alternatives, and finally register a company name.
Document preparation and filing
Inc Authority will do all the paperwork for you, thus filing the documents needed to register your LLC.
Free registered agent
For the first 12 months, your Inc Authority LLC account is eligible for free agent services. After that, this service will cost you $99/year.
Tax election form
If you choose to categorize your company as an S corporation, you’ll be provided with all the necessary paperwork to complete your tax registration.
Starter business bundle: $399 + state fees
If you decide to go with a paid plan, your money will buy you a variety of services that you won’t find with the basic option. The starter deal is a good solution for small business owners who decide to form an LLC with Inc Authority. It includes all the features in the free plan along with a more dedicated customer service team.
For example, you can ring up your personal advisor any day of the week and get information about payrolls, accounting, or IRS audits. The EIN and company seal are included in the bundle, and you get a complete LLC protection package.
Complete operating agreement
When starting a business, an operating agreement is mandatory for acquiring your federal tax ID number. Inc Authority completes this step for you.
Record book & company seal
A standard package to make your LLC official
Initial meeting minutes
Inc Authority reviews your financial situation and provides you with all the data and documents for your initial founder meeting.
Once you create an LLC, you’ll need certificates (non-transferable) to protect your company.
IRS tax ID number (EIN)
This is your tax identification number included in the starter package.
Business credit evaluation
Your business gets pre-qualified for loans of up to $100,000
Get up to one hour of consulting with a professional regarding deductions, deadlines, and other common questions
Advisor for one year
Unlimited support via phone, email, and live chat
Executive business bundle – $499 + state fees
Online reviews of Inc Authority rarely praise this particular bundle. While we wouldn’t go as far as to call it a bad deal, it’s not a good option for someone looking to create a cheap LLC or business owners who require many features. It costs $100 more than the starter bundle and doesn’t bring many new features to the table. In fact, you only get two new features, and one has nothing to do with business filing services.
Business license report
Among the Inc Authority services in this bundle is reporting software that gives you a quick look at a list of licenses.
When creating an LLC, it’s also important to register a web domain.
Tycoon business bundle – $799 + state fees
This is the most expensive bundle, and as the name suggests, it’s tailored to business owners who are launching large operations and need things done quickly. In a nutshell, purchasing this bundle speeds everything up and makes it easier to manage your business. Your business is given top priority, and Inc Authority reviews your application quickly while completing several registrations along the way.
Your application takes high priority on the formation services processing line.
Business credit coach
90 days of coaching from a dedicated personal business coach
Credit building system
Multi-tiered process for building up credit & preparing your company for future loans
Business credit launchpad
One of the first-party Inc Authority features that help you build credit for your company
D&B Credit Bureau registration
The LLC setup service will also complete an initial registration and report at Dun & Bradstreet.
Inc Authority Refund Policy
Based on our experience, the company is very confident about the service it offers, which is further highlighted by its generous refund policy. You can get a refund for any of the premium Inc Authority LLC formation packages within the first 14 days.
If you’re even a day late, you won’t be refunded. However, you won’t be charged for any subscription that’s applied to the account beyond the initial payment. The same goes for any add-ons you may have applied to the basic free plan.
It’s also worth noting that the site doesn’t send renewal notices and continues to charge you for your subscription until you cancel it manually. Also, your contract is automatically terminated if the site is unable to charge you for another month.
Inc Authority Application Process
- Online application
Registering a business has never been easier. Just click the green button on the homepage, select the business type, name the state where the business is based, and fill out a basic form. The only thing left to do after that is decide whether you want a free LLC plan or one of the premium ones. You’ll then have to make an online payment and review your details before the agents at Inc Authority can complete their part of the application.
- LLC formation time
Inc Authority reviews your application within 24 hours, but the actual LLC set up may take several months to complete. It depends largely on the state where the business is based. In our experience, the quickest setup lasted one week.
You can check the estimated times of completion with customer service or your state officials. You also have the option of selecting a more expensive plan, which speeds up your application process.
More than 4,000 customers have written reviews for Inc Authority at TrustPilot. As expected, the majority commended the fact that the service is free. They also praised the company’s customer service, noting that support agents were very helpful when dealing with first-time business owners.
Inc Authority currently holds a rating of 4.8 out of 5 stars on TrustPilot. In total, 93% of reviews give the platform a 5-star rating, while negative reviews mostly complain about the company offering additional services more often than the customers would have liked. A certain number of customers were also unhappy with the Inc Authority pricing model, with some of the competition offering more affordable options.
Still, the positives outweigh the complaints, and, as you can check for yourself, Inc Authority support agents are ready to assist you with any issues you may face.
We’ve already touched on some of the things that Inc Authority does better than the competition, but now it’s time to see how it stacks up against some of the best LLC services in the US. We chose to compare the platform to LegalZoom and IncFile – sites that specialize in setting up a business with high user scores and features similar to those of Inc Authority.
Inc Authority vs LegalZoom
LegalZoom is a document filing service with nearly two decades of experience. Many customers praise the platform’s affordability, fast processing times, and ease of use. That said, it doesn’t have the free plan option that Inc Authority offers, and it even charges additional fees for a registered agent on top of the $79 fee. It has also garnered more negative feedback from its customers over its support team, which many say is often hard to work with. In this duel, Inc Authority comes out on top.
Inc Authority vs IncFile
Both IncFile and Inc Authority offer free services with their basic plans and have similar costs for add-ons and registered agent subscription. IncFile is more transparent with its pricing, and although it scores a bit lower on TrustPilot, customers praise the site for its ability to customize its plans. In this contest, we have to declare IncFile the winner.
Picking the best LLC service is no easy task, but Inc Authority definitely stands out thanks to its free plan and more than three decades of experience. It’s a great option for business owners who aren’t on a tight budget, as well as businesses that need a fast service that offers more than just LLC formation and actually helps the business in its infancy.
Does Inc Authority offer any discounts?
Yes, there are ongoing discounts for startup bundles at Inc Authority. Before applying for Inc Authority, be sure to check out coupon sites, as the company often puts out time-limited deals for new customers.
Is Inc Authority legit?
Inc Authority has been operational since 1989 and is considered one of the most reputable companies in the business. It’s a legitimate company with a team of registered agents covering all 50 states.
Should I reserve my LLC name before forming an LLC?
You should reserve a business name before you create an LLC. Inc Authority checks the availability of the chosen name for your business when you start the onboarding process. As you can see in many Inc Authority reviews, the platform suggests some alternatives in case the name you choose is already taken.