If you are planning on starting an LLC or corporation, you may be overwhelmed by the amount of paperwork needed to get the company started. There are several online services that claim to offer the support you need to file and establish your business, but how do you know which is right for you?
Incorporate Fast Inc is one option that offers efficient, private services to get you started fast. This Incorporate Fast Inc review delves into the options, pricing, and services of the company. We aim to provide the information you need to make the best decision for your LLC. Let's dive in.
Interested in Incorporate Fast?
About Incorporate Fast Inc.
Founded in 2002, Incorporate Fast Inc was one of the first online options for customers who wanted to form corporations or LLCs online. Though based in Pasadena, California, the company can help entrepreneurs in all 50 states.
By introducing online signups and fostering a network of expert filers and couriers across the nation, Incorporate Fast Inc streamlined the business formation process. The professional team offers everything you need to get started fast, including same-day filings.
Though Incorporate Fast Inc is not a law firm, it is a registered and bonded legal document assistant through Los Angeles County. The site can handle applications and filings of formal documents but clearly notes that the team does not serve as a substitute for legal advice.
Incorporate Fast Inc operates a proprietary online portal (IncFast), continues to develop new technology to further streamlining the process, and has helped more than 25,000 businesses to date. The company focuses on efficient and private business filings to help entrepreneurs and startups achieve their goals.
The company’s mission is to help people start businesses fast and be successful in the long run. You can hire them to complete the necessary forms or take advantage of their tools to do it yourself. It’s a one-stop-shop providing everything you need to launch an LLC or corporation.
Structure Breakdown: Who is Incorporate Fast Good For?
Incorporate Fast Inc works with Limited Liability Companies (LLC), corporations, and even some non-profits. Aside from forming businesses, the company assists with some maintenance tasks and one-time business filings.
Here are some of the entity types that Incorporate Fast can help you form.
LLC regulations vary from state to state, but you can access guides to your state’s resources and requirements on Incorporate Fast’s website.
The company details the steps you need to take, including filing fees, and provides an operating agreement when you form an LLC through them. You get an online account and long-term support. When you file with them, you get a registered agent for free for the first year, and same day filing.
There are 2 different types of corporations that Incorporate Fast can help you with, C corporations and S corporations. They provide information on the pros and cons of each one and can advise you on which type would be best for you.
Incorporate Fast will then assist you with the formation of the corporation, providing corporate bylaws, annual reports, and access to many of the documents involved in the process.
Incorporate Fast is a great option for LLCs and corporations, as they have built their company on these services.
Incorporate Fast does not offer great services specifically for partnerships. It is possible that the company would be able to organize a partnership agreement and assist in getting you a DBA.
Sole proprietorships are the most simple entity type. They will consist of one single owner, and all of the liability falls on the owner.
Incorporate Fast does not provide support for sole proprietorships. They gear their services to companies that require incorporation and sole proprietorships are not incorporated companies.
Unlike the LLC and corporation services, Incorporate Fast Inc doesn’t dedicate a page to the non-profit process. It appears that the company will assist with non-profits, but there’s only one brief mention on the “starting a business” page. If you plan to establish a non-profit, it may serve you better to choose a company specializing in them.
Incorporate Fast Packages & Pricing
When you’re starting a business, you have to consider the cost-benefit of everything you spend money on. This includes the pricing of an incorporation service.
Incorporate Fast Inc provides three packages to meet your needs. Note that state fees may apply to the base prices listed for each package.
All packages include the option to purchase an Annual Report for $100. You also have access to the U.S.-based customer support team via phone or email during the company’s regular business hours.
Basic - $99
The lowest tier is a basic package that includes everything you need to start an LLC or corporation. Incorporate Fast Inc recommends this tier for owners willing to do a little extra work to save money.
With the basic package, you get:
- Same-day processing if you apply Monday through Friday.
- All formation document filing, including all necessary governing documents.
- Access to the IncFast online portal and all state forms.
- Unlimited name search.
- One free year of registered agent service. Since businesses generally require one anyway, it’s helpful to have a one-stop-shop. It’s important to note that after the first year, the registered agent service automatically renews and costs $125 per year.
- Electronic document delivery and you can request physical copies if necessary.
- Operating agreements for LLCs, and corporate bylaws for corporations.
Deluxe - $199
The deluxe package includes everything you get with the Basic level plus:
- Resolution to open a bank account form that permits you to open financial accounts for the business.
- Membership and stock certificates if you need them, but they aren’t required for LLCs and may not be a pressing need.
- Employer Identification Number (EIN), the tax ID number for your business.
Premium Package - $299
If you’re willing to spend the extra cash, you can hire Incorporate Fast Inc to do just about everything. The Premium package includes everything from the Basic and Deluxe levels plus some helpful perks to get you moving on the road to success.
- You get an official, bound copy of all requisite company documents.
- An official corporate seal so that you can make every document official.
Additional Services
Part of the draw for Incorporate Fast Inc may be the additional services. The company doesn’t simply help you form a business and send you on your way to figure out the rest. You can tap into several more helpful services.
- Some states require annual reports. Incorporate Fast Inc lets you track deadlines and can provide the reports for you.
- If you would prefer to be taxed as an S corporation, you can have your forms filed through the website.
- When you want to expand your business to another state, you need to register through the foreign qualification process. Incorporate Fast Inc handles the foreign qualification forms and the Certificate of Good Standing you need to complete the process.
- You can withdraw from doing business with another state or dissolve your business altogether.
- Amend a company’s members, directors, business name, or business address.
- Revive or reinstate a business.
- Obtain certified copies for a small fee.
One of the most helpful features is the LLC and Corporations Library, where all your burning questions will be answered. From state filing fees to tax IDs, the learning library provides invaluable information to help you make some critical decisions.
Overall Value vs. The Competition
Incorporate Fast Inc offers same-day processing and 1 year of registered agent services for all of their packages, making the basic package a very attractive purchase.
That said, the Deluxe and Premium packages may not offer enough on top of that to justify the higher price tag for many new business owners.
Incorporate Fast Document Management & Online Experience
Incorporate Fast Inc features a proprietary online portal that gives you access to all documents. You can also request physical copies at any time or opt for the Premium package to obtain a fancy bound copy.
The online portal helps you keep tabs on all state forms, which can be helpful if you do business in several states. It is a highly organized site and is easy to navigate. You can also manage compliance requirements and stay on top of critical filing deadlines so that you don’t miss anything important.
One of the common denominators with Incorporate Fast Inc is the user-friendly setup. The site is easy to navigate and find information. Plus, the checkout and application seem to be seamless experiences that make life easier for new business owners.
Incorporate Fast Processing Time
The processing time sets Incorporate Fast Inc apart from the rest. The company promises quick filing, and it seems to deliver with easy-to-follow and impressively fast processes. Incorporate Fast Inc may offer the fastest processing times in the industry.
According to the site, you can expect same-day filing in most cases. To make things even better, you don’t have to dedicate hours to completing forms before you can file. Incorporate Fast Inc notes that the entire application should take you approximately five minutes.
Incorporate Fast Inc isn’t just fast; the company also provides detailed time estimates (down to the time of day) for the anticipated turnaround in every state. No competitors come close to providing the precise timeframes you get with this company.
Incorporate Fast Compliance & Track Record
It seems strange that a business with more than a dozen years of service would have so few reviews, but it’s true. Unfortunately, it’s tough to find reviews from past or current users, even on Google. That said, Incorporate Fast Inc averages more than four stars over fourteen Google reviews with several commendations for the fast, easy process.
Though not BBB accredited, Incorporate Fast Inc has an A+ rating and four five-star customer reviews on the Better Business Bureau website. Two of the reviews on the BBB website noted that they worked with Incorporate Fast Inc to form more than one business.
While limited reviews might be a warning sign for some people, it’s not necessarily a problem in this case since the existing reviews are overwhelmingly positive. The company has helped thousands of business owners over the past several years and remains operational with no complaints through the Better Business Bureau.
Incorporate Fast Customer Service
Incorporate Fast Inc offers phone and email support to all customers. The site uses U.S.-based business experts for live support with no automated operators.
Additionally, the contact page includes a web-based contact form, mailing address, and three phone numbers. Note that the listed hours of operation are Monday through Friday from 8:00 am to 5:00 pm Pacific Standard Time.
Though limited reviews exist, a few reviewers that gave the company less than glowing feedback noted slow response times. Most reviewers report speedy responses and solutions, but a handful of business owners have had different experiences. One reviewer noted that while the company filed forms quickly, it was impossible to reach representatives by phone.
The Last Word: Is Incorporate Fast Worth It?
Starting a business is exciting and overwhelming at times. Hiring a company to streamline and manage the formation process could take a load off and let you focus on what you do best.
Incorporate Fast Inc promises speedy filing and impressive turnarounds. The company features a user-friendly online portal and works with every state in America. Additionally, they offer business maintenance services to keep you moving through the years. However, they cost more than other services and don’t have many reviews available.
If you don’t mind the lack of customer reviews and can’t afford a private attorney, Incorporate Fast Inc may be a viable option for forming your LLC or corporation. When you want a fast and easy filing process, it’s tough to beat Incorporate Fast Inc’s turnaround times.
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