InCorp LLC Service Review (Advantages, Disadvantages & More)
With nearly 20 years of experience providing business services, InCorp currently serves over 125,000 active clients around the world. The LLC formation industry is a crowded one, but they consistently find a way to remain relevant despite heavy competition.
With this InCorp LLC service review, we’ll discuss the key factors that should help you make your decision whether to use their services or not.
Advantages & Disadvantages
Advantages of InCorp:
- If you place a high value on customer feedback, InCorp will likely appeal to you. Most of their online customer reviews are positive in nature, reflecting a satisfied client base.
- Looking to add registered agent service from InCorp? While their LLC formation might not be the best value around (more on that in a moment), their great rates for registered agent make up for it. They have volume discounts that can drive the price all the way down to $66 per year. Not many competitors can match that low price.
- InCorp’s price match guarantee ensures that they’ll not only match competitors’ prices on similar products and services, they’ll go a step further and beat those rates.
Disadvantages of InCorp:
- That price match feature might come in handy, because at $99 their LLC formation package is a no-frills offering that only provides the basics and nothing more. For example, IncFile’s $49 base rate is a significant savings over InCorp, and IncFile includes a full year of registered agent service with any LLC formation package. (What is a registered agent?)
- Along those same lines, InCorp doesn’t bundle any additional features into LLC formation packages. While their a la carte method ensures no customer receives unnecessary services, a smartly bundled package can provide tremendous value.
InCorp LLC Packages
Unlike many competitors who offer several levels of LLC service, InCorp has a base rate of $99 across the board for any LLC formation. At this price point, you only receive the basics of formation: a company name availability check, along with the full preparation and filing of your articles of organization. It’s enough to start an LLC, but you’ll need to purchase some additional features to stay compliant past your formation.
InCorp has a number of add-on features available on an a la carte basis, so let’s take a closer look at what they have to offer.
- Registered Agent: Receiving and forwarding important government documents is InCorp’s signature service, and they have lower rates than most competitors. Take a look at how their volume discounts can affect your bottom line:
- 1 Year – $99/year
- 2 Years – $89.10/year
- 3 Years – $80.52/year
- 4 Years – $73.06/year
- 5+ Years – $66.56/year
- LLC Kit & Seal ($69 plus $18-24 shipping): Many years ago, a wax seal embossed with your company name was the primary means of authenticating important business documents. That practice is antiquated in 2017, but if you like the idea of having a seal and a custom binder for your company documents, you can acquire one from InCorp.
- Certificates of Good Standing ($35 plus state fee): These forms indicate that your company is currently compliant with state regulations, and are sometimes required for banking transactions, loan acquisitions, potential partnerships, etc.
- “Limited Liability Companies for Dummies” Book ($24.99): A comprehensive guide to all things LLC, this book contains a number of tips and tricks for every step of the LLC life cycle.
- Federal Tax ID or EIN Obtainment ($69): This enables your company to hire employees, open business banking accounts, file taxes, etc. Think of it as a Social Security Number for your company.
- Prepare IRS Form SS-4 ($35): This is the tax form that goes along with the EIN. You can fill it out yourself, but if you’d rather not this option is for you.
- Domestic Mail Forwarding ($195/year): As opposed to registered agent service where they only receive and forward your government documents, with this option InCorp will receive all of your business mail and forward it to you.
In addition to your LLC filing, most companies will end up needing registered agent service and an EIN. Depending on how many years of registered agent you’re willing to commit to, this combination of services will run you from $234-$267. That’s not a bad price when you consider how much it can cost to bundle together these 3 features with some of their competitors.
What Are Other Entrepreneurs Saying?
Most of InCorp’s online customer reviews can be found at BBB.org, where there are just 5 critical reviews out of a total 134. With so many positive reviews available, it’s clear that InCorp is popular with their customers. If you want to get a better feel for what the InCorp customer experience is like, I recommend you spend a few minutes looking over their reviews for yourself.
In general, their clients discuss how pleased they are with the speed of InCorp’s services, as well as the assistance they receive from their support reps. For me, customer feedback is undoubtedly a point in InCorp’s favor.
Should You Use InCorp?
InCorp is a solid company offering LLC formation service, with great customer feedback and excellent rates on registered agent service. Still, seeing as no two companies are exactly alike, they’re not going to be the answer for every company. With that in mind, let’s review some scenarios where their services may or may not appeal to you.
When to Use InCorp:
If you want a provider that balances competitive pricing — especially if you want registered agent service with your LLC formation — with good customer reviews, InCorp should be a good fit for your business.
When NOT to Use InCorp:
There are some competitors who can save you money by bundling services together, like with IncFile’s Gold package which costs $149 and includes both an EIN and a full year of registered agent service.
They might not be the cheapest, and they don’t have the widest array of features, but InCorp has plenty of important factors in their favor. They’re a reliable option for your LLC formation.