Inc Authority LLC Services Review
Inc Authority is based out of Reno, Nevada, and has been helping people start and maintain businesses across the United States for over 30 years. The company specializes in keeping a company in good standing with state and federal regulations by handling things like registered agents, complex paperwork, and tax numbers. Overall, it’s a national business service company that helps people start, maintain, and manage their businesses.
Visit Inc Authority WebsiteKey Features
Inc Authority is a company that helps people create limited liability companies (LLCs). The company does so by handling the paperwork burden for clients and ensuring that a budding company has everything it needs to remain compliant with the state. Inc Authority is active in most states and has a few in-person locations around the United States. The company is based out of Reno, Nevada, and has been around for over 30 years.
Throughout the company’s life, the team at Inc Authority has helped over 250,000 people start LLCs. Inc Authority also provides a wide range of services for clients if needed. These services are not free, but they provide clients with things like registered agents, cloud-based data storage, and legal documents. Inc Authority is also backed by great ratings and reviews. It maintains an A+ rating from Trustpilot and many 5-star reviews on Google.
Inc Authority does many things for its clients. The company is profitable for the additional services it provides LLCs because the cost of forming an LLC with Inc Authority is $0 (you only have to pay filing fees). That said, Inc Authority focuses on helping clients with aspects of owning an LLC that require focus, deadlines, and attention. This means Inc Authority helps with things like:
- Taxes
- Checking accounts
- Registered agent services
- Credit
- Websites
- Marketing
- Wills and trusts
- Trademarks
Overall, Inc Authority is well-known for providing low-cost resources to businesses.
Inc Authority helps clients form LLCs, but the company has many additional services. We’ll take you through Inc Authority’s various LLC services. We can’t go through them all, so we’ve picked a few of the company’s most notable options.
Starting an LLC
First and foremost, we’ll start with starting an LLC. Inc Authority is popular because it allows people to start an LLC without spending extra money. Clients only have to pay fees for the state because Inc Authority’s basic LLC plan is free. This means you don’t have to worry about surprise fees, yearly costs, and other surprises. That said, Inc Authority is designed to help people start an LLC or corporation. This means you can’t start a sole proprietorship, partnership, or small business.
Inc Authority’s LLC service is also fast and easy. The turnaround time for starting an LLC is less than a week (in most states), which is faster than some expensive brands. Moreover, the online interface and website are easy to use. You don’t need to worry about sitting on hold to figure out where to navigate the website. Overall, Inc Authority’s LLC starting service is straightforward to use.
Registered Agent
Inc Authority also has registered agent services. When clients create an LLC with Inc Authority, a registered agent is provided. This means the owner doesn’t have to be the registered agent or worry about registered agent tasks and deadlines. Some things that registered agents from Inc Authority cover include:
- Filing reports
- Being available 9-5 during normal business hours
- Being a point of communication for the state and the LLC
- Handling the legal process
- Helping the LLC remain in good standing
- Making state deadlines
Having a registered agent from Inc Authority makes it easy for business owners to focus on the LLC instead of state deadlines and compliance.
Business Services
Inc Authority can do more than help people start LLCs. In fact, this company makes most of its money from additional services. That said, the services that Inc Authority provided are worth the price. This is because they make it easy for companies to remain compliant with state regulations. Plus, Inc Authority can even make your LLC more profitable. For example, Inc Authority can help you create and execute a business or marketing plan.
Here are some other services that Inc Authority provides:
- Funding for LLCs
- Business plans
- Business credit
- Website building
- Marketing
- Federal trademarking
Using these services can help your company make more money, reach more clients, and solidify a brand.
Personal Services
Inc Authority also has several services for individuals, which help people with financial planning. One example is how Inc Authority can help you create a revocable living trust. Creating one of these helps with long-term financial planning for families and makes the transfer of wealth simple. Other personal services include helping people with legal documents and assistance with taxes.
These are only a few of the great services that Inc Authority provides.
Inc Authority is a good company. There is a lot to like about its services, so we’ll take you through our favorite features and services. While we like almost everything Inc Authority does, we’re limiting ourselves to our five favorites.
Affordability
First and foremost, we’ll begin with affordability. When it comes to budget-friendly LLC solutions, Inc Authority can’t be beaten. This is because the company doesn’t charge a fee for creating an LLC or hosting a registered agent. In the current market, this is unique and uncommon; even companies like LegalZoom and ZenBusiness charge fees to manage operating costs. Still, with Inc Authority, you must pay state-specific fees based on where you live.
Inc Authority also does a great job of providing low-cost services you can work with. While some of these services are expensive, the lack of a registered agent fee or formation fee makes filing taxes or storing data with Inc Authority more enticing. Moreover, Inc Authority provides dozens of these services that people can use to create a custom experience.
Diverse Services
Inc Authority is limited to LLCs and corporations, but the company specializes in these areas. Many of their services help LLCs maintain compliance, earn more profits, and even file taxes. This enables Inc Authority to stand out from similar companies that only allow people to form companies or use registered agent services. Here are some of our favorite services that Inc Authority provides:
- LLC formation
- Legal assistance
- S-election forms
- Tax planning and filing
- Cloud-based data storage
- Registered agent services (1 year free)
These are only a handful of the services that Inc Authority offers. We had to remove some from this list because they deserve individual attention.
Credit Funding
Another service unique to Inc Authority is credit funding. Credit funding is unique because it allows businesses to obtain credit for their LLC. This allows companies to expand, grow, and even purchase properties. Having everything all in one place with Inc Authority makes managing every aspect of the business simple. Therefore, credit funding is one of our favorite features. Still, rates depend on creditors and credit history.
Registered Agent
Inc Authority also provides customers with a registered agent service for one year (for free). While companies in this market typically provide registered agent services, a free registered agent for one year is rare. This means LLC owners don’t have to worry about deadlines, filing annual or biannual reports for an entire year. Plus, they don’t need to worry about high costs or annual registered agent fees. As a comparison, companies like LegalZoom charge over $100 per year for registered agent services.
Established History and National Reach
Inc Authority is a solid company because of its history and reach. When an LLC services company has been around for more than two decades, there’s a good chance it will be around for years to come. When you work with Inc Authority, you don’t need to worry about the risk of losing your LLC services provider. While anything can happen, the chances are lower with Inc Authority.
Another benefit of Inc Authority is the company’s national reach. While it’s based in Reno, this company can help people around the country form LLCs. The cost varies based on the state, but this makes Inc Authority flexible if you need to expand your company or move your business. Inc Authority also provides services in United States territories like Puerto Rico and the U.S. Virgin Islands.
These are only a handful of our favorite features and attributes of Inc Authority.
Inc Authority is one of our favorite LLC formation companies in the industry. With prices lower than almost every company, Inc Authority is hard to beat. That said, it’s not perfect and does have a few flaws. Below, we’ll take you through three areas where Inc Authority can improve.
Limited Services
Inc Authority’s is one of our favorite companies when it comes to the cost of starting an LLC. We also like how inexpensive this company is for additional services like registered agents and legal documents. That said, Inc Authority has its limits. While companies like LegalZoom and ZenBusiness provide dozens of services and packages to help LLCs, Inc Authority only has a few packages and additional services.
Therefore, while Inc Authority has all the basics that a company needs, like a registered agent, it lacks resources that help new LLCs thrive. Moreover, Inc Authority is limited when it comes to starting a business. While the company helps with LLC formation, it doesn’t help with the formation of other business types (aside from some corporations).
Upselling
Unfortunately, Inc Authority is a company that makes most of its profit by selling additional services to LLCs. While there is nothing wrong with this practice, people can end up with services for their LLC that aren’t needed. For example, companies that don’t require a license shouldn’t pay licensing fees to obtain one. While this may seem self-explanatory, Inc Authority is less transparent about its additional services.
Another thing to note is how inexpensive Inc Authority is. Unfortunately, there is a catch. One of the reasons the company maintains a $0 fee for starting an LLC is because the rest of the services cost money. While the company throws in a free registered agent service when you start an LLC, things like accounting services or tax assistance cost extra. In fact, these services typically cost more on average than they do at other companies.
Not the Best Customer Support
Inc Authority maintains great reviews. That said, the company doesn’t have the best customer support. This is because it can take a long time to find help for specific issues. Moreover, clients who don’t have advanced services receive less help. Therefore, customer support could be better. Even simple features like a chatbot or faster email responses would bolster Inc Authority’s customer support.
These are a handful of the drawbacks we found when using Inc Authority. If you can work around these, though, Inc Authority is a great and affordable choice.
Inc Authority is a unique LLC services company that deserves more recognition. The company has been around for many years and functions in most locations; it also provides most of your LLC needs. While Inc Authority offers fewer services than some competitors, the low cost of Inc Authority’s services sets the company apart. If you’re interested in creating an LLC for the lowest possible cost (without sacrificing quality), Inc Authority is your best option.
Still, Inc Authority is not for everyone. Because the company offers limited services for LLCs, people with larger corporations or the desire to start other business types should look elsewhere. There are better alternatives for starting corporations, creating stock, personal finance, and starting sole proprietorships/partnerships. Despite its limited services, Inc Authority does maintain levels of quality and customer service that are on par with major competitors like ZenBusiness and LegalZoom.
When it comes to starting an LLC and using registered agent services, Inc Authority is a company we recommend for anyone who wants to start a simple LLC.