CorpNet LLC Service Review (Advantages & Disadvantages)
CorpNet’s ownership group has been in business since 1997, helping over 100,000 businesses in their 20+ years in the industry. Although there are dozens of companies offering LLC formation services, CorpNet has earned a dedicated customer base and has the experience to do the job right.
With this CorpNet LLC service review, we’ll cover the details that set their service apart from the competition, and help you decide if you’d like to use their services for you.
Advantages & Disadvantages
Advantages of CorpNet:
- With hundreds of positive customer reviews across the web, CorpNet’s online feedback is almost entirely positive in nature.
- Every CorpNet LLC formation service package is covered by their 100% satisfaction guarantee. If you’re unhappy for any reason, they’ll refund all fees you paid to CorpNet with no questions asked.
- While it isn’t the cheapest way to get these features, CorpNet bundles LLC formation with a year of registered agent service and a federal tax ID number (EIN) in their Deluxe package for $228. It’s a convenient package that has everything most businesses need.
Disadvantages of CorpNet:
- Their Basic LLC formation package costs $108, and it includes just 60 days of registered agent service. By contrast, with IncFile you can get a full year of a registered agent and LLC formation for just $49 total. (What is a Registered Agent?)
- CorpNet is a great service provider, but you’ll need to know exactly what you need before purchasing any of their services. They can’t help you figure out what structure you should form for your business, for example.
CorpNet LLC Packages
CorpNet has 3 different tiers of LLC service packages, each with its own set of features. If you would like to take a look at the full list of features available with each service level, check out their website for the complete details.
Of course, every business has a unique set of challenges and requirements, so it’s hard to makeana overarching ‘one size fits all’ recommendation. Keep that in mind as we dig into what sets these packages apart, and which one is generally the best value.
At $108 plus state fee, the Basic package really is quite barebones. You get the formation essentials like a business name availability check, and the preparation and filing of your articles of organization. In addition, the Basic package offers CorpNet’s free corporate compliance tool for important filing deadline reminders, and a 60 day trial of registered agent service.
The package that will suit most businesses best is the Deluxe package, which adds some valuable features to provide everything required to get an LLC up and running. At the $228 price point (plus state fee) you get the full Basic package plus a full year of registered agent, along with the application and obtainment of a federal tax ID (EIN) for hiring employees and opening business bank accounts.
The fact that this package also includes next-day document prep, and the delivery of a hard copy of your formation documents, is a nice bonus.
Finally, CorpNet also has the Complete package ($278 plus state fee) which adds two custom documents — an LLC operating agreement to help you define the structure of your company, and minutes to plan and execute business meetings — along with an LLC kit and seal, symbolic features that can help you organize company forms. The only one of these items that’s truly necessary is the operating agreement, and that’s such a simple document that you might as well just draft your own.
Your personal preferences and your company’s unique needs might make you prefer one of the other packages, but in general the Deluxe package is a smart pick with a year of registered agent service and an EIN.
What Are Other Entrepreneurs Saying?
There are about 300 CorpNet reviews available online — mostly on TrustPilot and TrustLink — and the vast majority of these are highly complementary. There are a lot of positive comments about CorpNet’s support, and about how quickly they complete their services.
If you want to get a better feel for their customer feedback, you should spend a few minutes scrolling through the reviews on TrustPilot. At the end of the day, their customer feedback is a pretty big point in their favor. CorpNet seems to be highly popular with their clients.
Should You Use CorpNet?
CorpNet is a good company with a lot of things going for them, and it’s hard to find too many ways to critique their services. They have the experience to be a reliable provider of LLC formation service, while still retaining the personal touch that made them popular to begin with.
Of course, they’re not perfect for every single business customer, so let’s discuss a couple scenarios where you may or may not want to use their services.
When to Use CorpNet:
If you place a high value on great customer support and nearly universally positive reviews, CorpNet might be your best bet. The 100% satisfaction guarantee is another nice feature that makes them easy to trust.
When NOT to Use CorpNet:
You can save money with some of their competitors, such as IncFile which has a cheaper base rate ($49 compared to CorpNet’s $108), and also a lower price point for LLC formation packaged with EIN and registered agent ($149 compared to $228).
With CorpNet, you’re getting great LLC formation service. You can certainly save some money with a provider like IncFile, but CorpNet has many of their own advantages that still make them well worth a look.
If you’re still undecided, feel free to check out our guide to the best LLC formation services, as it may help you narrow down your choices. Otherwise, you can go ahead and get started with CorpNet now.