Whether you’re an established business looking to change from a partnership to an LLC or are new to the game and need to get your company off the ground, Incfile can help.
The service helps entrepreneurs by simplifying a complicated process and making sure steps are completed correctly. In addition, Incfile has a wealth of information available to small business owners.
Free Tax Consultation
Depending on your situation, Incfile offers a range of services. Some of these include registering your business name ($49 + state fees), changing your company name ($99+ state fees), obtaining a Certificate of Good Standing (for businesses needing to prove they’re in good standing, for example when seeking loans or opening business bank accounts) and filing Foreign Qualifications ($149+ state fees) when expanding your entity into another state.
In addition, Incfile can help you obtain an Employer Identification Number (EIN) for your business. You can use an EIN to open a business bank account and file business taxes. They also provide custom Operating Agreements to outline the ownership structure and lay ground rules for your business. Other important documents you can register with Incfile include a Statement of Organizer to declare the initial members and a Banking Resolution that authorizes a business bank account. All of these documents are downloadable from your online client dashboard.
Free Business Checklist
When you sign up with Incfile, the service gives you a free business checklist to help you with your startup. The checklist includes tasks that must be completed, including registering your business name, getting necessary licenses and permits and preparing a business plan.
The company also offers other services that can help entrepreneurs. For example, it can provide you with a certificate of good standing, which is an official document that shows your business is in compliance with the state’s laws. This can give your customers, suppliers and investors confidence that you are a legitimate business.
In addition, the service can help you get an Employer Identification Number (EIN) for your business. It can also draft a banking resolution, which is a document that authorizes the opening of a bank account for your entity. It can also provide you with lifetime company alerts and reminders for upcoming filing deadlines and compliance requirements. This will eliminate the hassle of keeping track of yearly deadlines.
Free Business Forms
Some of the services offered by Incfile include drafting an operating agreement (document that establishes your business structure and details how profits are shared), filing for an EIN number, and preparing a banking resolution. They also offer an online tool that allows you to search for available company names and lets you know if the name you want is taken.
Incfile also offers registered agent service for a year free of charge with all packages, which means they will be the entity listed in your state’s records and accept legal documents and correspondence on your behalf if the government wants to talk to you. They also have an online dashboard that updates you on alerts, key deadlines, and documents you’ve drafted.
For a flat fee, Incfile will research and compile a package of all permits, licenses, taxes, and registrations required by your state at the city, county, and state levels. This could save you a lot of time and money compared to doing it yourself.
Free Business Contract Templates
In addition to offering business formation services, Incfile also helps companies register for fictitious names and foreign qualification in states where they plan on doing business. They also assist with amendments that change addresses, company names, or membership and provide dissolution services when entities formally terminate.
Incfile is one of the most affordable online business registration services, offering a basic package that allows entrepreneurs to form their LLC for $0 (plus state fees). The Gold package includes a domain name and official business email service, along with an operating agreement and banking resolution. It can also help you acquire an EIN and offers lifetime company alerts. The Platinum package is more expensive, but adds valuable services like an expedited in-house processing and an online client dashboard. Cancellation policies are not clearly stated alongside each of the packages, though, and most yearly services are renewed automatically (except registered agent service after your first free year). This can lead to unexpected charges.
