If you’re thinking about starting a business but are intimidated by the legal paperwork, Incfile may be the perfect solution for you. Forming a business entity like an LLC or corporation requires multiple steps, including filing documents with your state, appointing a registered agent, and ensuring you’re compliant with all regulations. Incfile simplifies this entire process, making business formation straightforward, fast, and affordable.
What is Incfile?
Incfile is an online business formation service that helps entrepreneurs create LLCs, corporations, nonprofits, and more. Launched in 2004, Incfile has assisted over 500,000 businesses in launching and maintaining their legal status. They offer a range of business services, including entity formation, registered agent services, and tax identification number acquisition.
Incfile’s Services
LLC Formation
One of the most popular services offered by Incfile is LLC formation. An LLC, or Limited Liability Company, provides legal protection to business owners, separating their personal assets from the business’s liabilities. Incfile guides you through the LLC formation process, ensuring all required paperwork is submitted to your state.
Corporation Formation (C Corp & S Corp)
Incfile also helps entrepreneurs form corporations, including both C Corporations and S Corporations. Each corporation type has unique benefits depending on the business’s structure, and Incfile provides the necessary tools to help you choose and file for the correct corporation type.
Nonprofit Formation
For those looking to start a nonprofit organization, Incfile simplifies the nonprofit formation process, making it easy to establish a tax-exempt organization and file the necessary state and IRS documentation.
Registered Agent Service
Every business entity needs a registered agent to receive legal documents and government notices. Incfile offers a registered agent service as part of its formation packages, ensuring you comply with this legal requirement. For the first year, this service is free with any formation package.
EIN (Employer Identification Number) Application
Businesses with employees or those needing to open a business bank account must obtain an EIN, or Employer Identification Number. Incfile assists in acquiring this number from the IRS as part of its services, ensuring you can operate your business legally and smoothly.
How Does Incfile Work?
Simple 3-Step Process
Incfile simplifies business formation into three easy steps:
- Select Your Business Type and State: First, choose whether you want to form an LLC, corporation, or nonprofit, and then select your state of formation.
- Fill in Your Business Information: Provide basic details about your business, including the name, business address, and management structure.
- Incfile Files Your Paperwork: Incfile handles the paperwork and submits it to the appropriate state agencies, ensuring that your business is officially recognized.
State-Specific Compliance
Each state has different regulations and requirements for forming a business.ensures that your business formation complies with the rules specific to your state, so you don’t have to worry about any legal issues down the road.
Incfile Pricing
Incfile offers three tiers of business formation packages, each tailored to different needs and budgets.
Free LLC Formation Package
Incfile’s most popular feature is its free LLC formation package. You only need to cover the state filing fee, and Incfile takes care of the paperwork and submits everything on your behalf. This package also includes one year of free registered agent service.
Gold Package
The Gold Package is priced at $199 plus state filing fees. It includes everything in the free package but adds additional services like an EIN application, an operating agreement template, banking resolution, and lifetime company alerts to help you stay on top of compliance deadlines.
Platinum Package
Costing $299 plus state fees, the Platinum Package offers the most comprehensive services, including expedited filing, a domain name, and business email service, making it perfect for entrepreneurs who want to set up their business quickly and professionally.
Why Choose Incfile?
Free Formation Offer
Incfile’s free LLC formation service is unmatched in the industry. While most competitors charge for basic business formation services, Incfile only requires you to pay the state fees, saving you hundreds of dollars in upfront costs.
No Hidden Fees
With Incfile, there are no surprise charges. What you see is what you pay. This transparency has earned Incfile a reputation for reliability among entrepreneurs.
Fast Turnaround Time
Incfile works quickly to get your business up and running. Many customers report receiving their formation documents within a few days, depending on the state processing times.
Excellent Customer Support
Incfile’s customer service team is available to answer your questions at every step of the process, ensuring you feel supported throughout the business formation journey.
Incfile vs Competitors
Incfile vs LegalZoom
Both Incfile and LegalZoom offer business formation services, but Incfile stands out for its free formation package. LegalZoom charges a fee for basic formation services, making Incfile the more cost-effective choice for new entrepreneurs.
Incfile vs ZenBusiness
ZenBusiness is another popular business formation service, but it doesn’t offer a free formation package like Incfile. However, some business owners may find the extra cost worthwhile as ZenBusiness provides more personalized customer support.
Incfil–e vs Rocket Lawyer
Entrepreneurs often choose Incfil-e for forming an LLC or corporation because of its simplicity and cost-effectiveness, while Rocket Lawyer focuses on legal services beyond business formation.
Is Incfil-e Right for Your Business?
If you’re looking for an affordable, straightforward way to start your business, Incfi-le is an excellent choice. The platform is ideal for first-time entrepreneurs who want to form an LLC or corporation without breaking the bank. Incfil-e offers everything you need to get started, including a free formation package and a range of helpful business services..
FAQs
Is Incfil–e really free?
Yes, Incfil-e offers free LLC formation services, but you’ll still need to pay the state’s filing fee. There are no hidden fees for the free package.
How long does it take to form a business with Incfil–e?
The time it takes to form your business depends on the state’s processing times. Incfil-e typically files your paperwork within 1-2 business days, but expedited options are available.
Can Incfil–e help me with ongoing compliance?
Yes, Incfil-e offers ongoing compliance services, including annual report filings and business license research, to keep your business in good standing with the state.
Does Incfil-e offer refunds?
Double-check everything before submitting, as you will not receive a refund from Incfil-e once services have been submitted to the state or fulfilled.
Do I need to pay extra for a registered agent?
No, Incfil-e includes one year of registered agent service for free with all formation packages. After the first year, there’s an annual fee to continue using the service.
