Incorporate Fast Inc LLC Service Review (Advantages & Disadvantages)
Incorporate Fast Inc opened in 2002, and they’ve formed over 27,000 companies in those years. There’s a lot of competition for LLC formations online, but IncFast has managed to secure themselves a relevant spot in the industry landscape.
This IncFast LLC service review is structured in a way that highlights crucial info you need to make the right decision on whether to use their services, or perhaps look elsewhere.
Advantages & Disadvantages
Advantages of IncFast:
- Every one of their LLC formation packages includes a year of registered agent service. Seeing as most businesses need registered agent anyway, it’s nice to have it bundled in with each package. (What is a registered agent?)
- They live up to their name in more ways than one. Their processing times are among the fastest in the industry, and they also claim that you can fill out their entire LLC service application in just 5 minutes.
- With IncFast’s Deluxe package, you can receive everything most LLCs need — formation, registered agent and EIN — for $199 plus state fee. It’s one of the most affordable options out there for the combination of these 3 services.
Disadvantages of IncFast:
- We couldn’t find even one customer review for IncFast, which is a 15+ year old company.
- Their Premium service package costs $299 but, in our opinion, doesn’t have the features to justify that high price point. There are other LLC services that offer better overall value at a lower price point. (See Them Here)
IncFast LLC Packages
IncFast provides customers with 3 options for LLC service, each of which has its own bundle of features to appeal to entrepreneurs. If you want to take a look at how IncFast describes these packages in their own words, check out their website right here.
While it’s true that each business has its own unique set of formation needs and ongoing compliance requirements, I think you’ll agree that not all of IncFast’s packages are created equal. Let’s see how they stack up.
The first option is the aptly named Basic package, which costs $99 plus state fee. At this level of service, you get business name availability searches, and your formation documents will be prepared and filed.
You’ll also receive a year of registered agent service to receive any official notices for your business and forward them to you, an operating agreement which you can customize to outline the structure of your LLC, electronic document delivery and access to their IncFast online portal compliance management tool.
This package gives you all the essentials of formation, along with the registered agent service which is a valuable additional feature. All told, a well-rounded and fully featured basic formation package.
Next we get to the Deluxe package, checking in at $199 before adding state fees. This package starts with everything from the Basic level, then adds a federal tax ID number (EIN) which enables you to staff your business, open business bank accounts, etc. You’ll also get customizable LLC membership certificates for your owners, and a banking resolution which is not necessary when you have an EIN.
This is a good deal overall. As I always say, the 3 most important elements of creating an LLC are the formation itself, registered agent service and an EIN. This package has all of those, but I’m not seeing much value in the membership certificates or banking resolution.
Finally we reach the Premium package for $299 (plus state fee). You’ll get everything from the Deluxe package, along with an LLC kit and seal which is a symbolic feature that replicates antiquated document authentication features. There’s no reason to order the Premium package.
There are no a la carte features or service upgrades available, so the best option with IncFast is probably the Deluxe package. Otherwise, you can just go with the Basic package and add an EIN yourself.
What Are Other Entrepreneurs Saying?
I was unable to find any customer feedback for IncFast. No 3rd party review sites have any information about them, and there aren’t even any testimonials on their website. With 15+ years in business and thousands of clients, you’d expect to find something, but unfortunately that’s not the case here.
While it’s a good thing that there’s no critical feedback out there like there is with some of their competitors, it would be highly preferable to see some reviews about the IncFast customer experience.
Should You Use IncFast?
IncFast is a strong contender to provide your company with LLC formation service. They have quick filing times and they include a year of registered agent service in every formation package. Still, they aren’t the answer for every single entrepreneur, so let’s close by reviewing some situations where they may or may not be best for you.
When to Use IncFast:
If you’re looking for quick turnaround times and don’t need a lot of advanced features with your formation time, IncFast should be a good fit for your company.
When NOT to Use IncFast:
Some competitors can form your LLC for cheaper, and there are also ways to get better bundles of advanced features. Of course, if you need to read customer reviews IncFast isn’t for you either.
Their speedy service makes IncFast one of the top online LLC formation websites. If you would still like to review some other options, take a look at our top LLC services list. Of course, if you’re ready to form your LLC with IncFast, head over to their website to get started.