Are you about to enter the LLC formation process, but you don’t want to deal with the hassles of the DIY method?
Do you also find the idea of paying a lawyer hundreds or even thousands of dollars to form your LLC to be an unappealing prospect?
There are quite a few LLC formation services available like IncParadise and IncFile that can bridge this gap, but which one is the right choice for your company?
In this IncParadise vs IncFile comparison, we’ll walk you through their main common points and differences. By the time we’re done, you’ll have a better idea of which one is the best option to form your new LLC.
Do IncParadise and IncFile Offer Good Value?
|🥇IncFile||Starts at $0||★★★★★ (4.8/5)||Excellent||Absolutely|
|IncParadise||Starts at $89||★★★★✩ (4.1/5)||Fair||Sometimes|
IncParadise and IncFile are both highly respected and reputable companies offering LLC formation service online. They’re both easy to recommend, because they’re both capable of forming your new company in an efficient and compliant fashion. However, IncFile has some advantages that make them our preference for most of our readers.
First and foremost, IncFile’s pricing for LLC service starts at $0, which is considerably less expensive than the $89 price point offered by IncParadise. In addition, IncFile includes 12 months of registered agent service with any LLC formation package, which IncParadise does not.
However, in general, they are a good IncFile alternative.
Would you like to learn more about the details of these two service providers before making your choice? Read on to discover everything you need to know!
6 Things They Have In Common
1) Affordable: If you don’t have the budget to hire an attorney to draft and file your articles of organization, these services can save you a considerable amount of money. Also, because the LLC isn’t a terribly complex business type, you often don’t need a lawyer’s expertise to begin with.
2) Customer Support: The full DIY route can be a lot of work, which is why services like IncParadise and IncFile can be so convenient. Even though you’re saving money over hiring a lawyer, you’ll have access to their customer service departments if you run into any issues, or if you have any questions.
3) Experience: These companies have both been around since the early 2000s, and they’ve each formed thousands of businesses in that time. IncFile and IncParadise are both highly experienced service providers with the knowhow to get the job done right.
4) Efficiency: If you need your LLC formed quickly, IncParadise and IncFile have your back. They both offer expedited service that can speed up your formation from a matter of weeks down to mere days in many states.
5) Great Customer Reviews: Are you the type of savvy consumer who likes to read positive customer feedback before making a purchase? Both IncParadise and IncFile receive glowing reviews from the vast majority of their customers.
6) Additional Services: Do you need any other business services like federal tax ID number (EIN) acquisition, foreign qualifications, doing business as (DBA) names, and more? IncFile and IncParadise each offer a wide variety of services that can help your company stay compliant well into the future.
Side by Side Comparisons
You certainly don’t need us to tell you that paying nothing is preferable to paying $89. But what if we told you that this is actually just the tip of the iceberg when it comes to IncFile’s advantages over IncParadise? By the time you’ve finished reading our next section, you’ll see that IncFile is preferable to IncParadise in more ways than one.
IncParadise offers a relatively barebones LLC formation package, including the essentials like preparation and filing of your formation documents, a name availability check, and some sample forms. However, it should be noted that if you choose to form an LLC in Nevada, IncParadise will expedite your order for free.
On the other hand, IncFile includes a full year of registered agent service to receive and forward your important government documents. They also provide a 30-minute business tax consultation, which IncParadise does not offer.
If you’re starting a Nevada business, IncParadise’s offer of free expediting is a valuable feature. However, for everyone else, this category might be even more of a blowout than pricing was, and it’s not like that was a close competition either. 12 months of registered agent service is a tremendously valuable feature for IncFile to include at no extra cost. In fact, it would cost an additional $89 to make your IncParadise LLC formation package match the features IncFile includes for free.
IncParadise opened for business in 2002, and they’ve formed 15,000+ businesses since then. While that’s certainly a respectable amount of experience, they’re not on IncFile’s level. IncFile formed in 2004, and they’ve helped form more than 250,000 businesses.
IncParadise has great customer support, and their response times are excellent as well. They get back to you quickly if you call or email them, and their operating hours run from 11 am to 7:30 pm ET on weekdays.
IncFile also has a strong service department, with knowledgeable and friendly support representatives. However, it can sometimes take them a while to get back to you. In fact, we’ve experienced wait times in excess of 24 hours at times. Their hours of operation are from 10 am to 7 pm ET Monday through Friday.
Both IncFile and IncParadise have turnaround times that vary depending on what state you choose to form your LLC in. While one or the other might be a day or two quicker in your state of formation, for the most part, their processing estimates are quite similar.
Again though, if you’re forming an LLC in the state of Nevada, you can take advantage of IncParadise’s free expediting offer, which means your new business will be formed in approximately three business days.
If you log into IncParadise’s website, you’ll find order status tracking information in your account. IncFile’s online order tracking tool is a bit fancier, as it updates in real-time to show you where exactly you stand in the LLC formation process.
Registered Agent Service
Every LLC in America is required to designate a registered agent, which is a person or business entity that receives important document deliveries (like service of process) from your state government, informs you of the receipt, then forwards the documents to you.
This is so crucial because the state needs to have a reliable means of contacting your business at any time.
While IncParadise does not include registered agent service with your LLC formation package, they have some of the lowest prices in the industry to add it on. Your first year of registered agent costs $89, which is a decent rate, but each additional year costs just $40 which is the best price point we’ve seen. As for IncFile, they do include a year of registered agent service when you purchase LLC service from them, but their rate after that is $119 per year.
One aspect of these services that we really appreciate is how positive their customer feedback is. While IncFile has nearly 16,000 reviews, and therefore a much higher volume of feedback than IncParadise has with about 100 reviews, both companies receive overwhelmingly positive feedback from their clients. If you’re looking for glowing customer reviews, either of these companies is a great choice.
Ease of Use
One of the benefits of using a larger service provider like IncFile is that their website is streamlined and user-friendly in just about every way possible. Their services are easy to leverage, and navigating their site is a breeze. When it comes to IncParadise’s website, it’s certainly functional and looks pretty good, but it’s just not quite as professional as IncFile’s site.
Either IncParadise or IncFile can help you start, maintain, or grow your business with a selection of additional services, and they share quite a few of these services in common as well. For instance, you can get registered agent service, annual reports, EIN acquisition, amendments, doing business as (DBA) names, and more from either one of them.
However, there are also some services that are exclusive to one or the other of these companies. IncParadise offers its customers virtual office and mail forwarding services, which IncFile does not. On the other hand, IncFile has business accounting and business tax services that you can’t order from IncParadise.
Which LLC Provider Wins?
IncParadise and IncFile are both reputable companies offering reliable and reasonably priced LLC formation service. We’re confident that you’ll be pleased with your decision, regardless of which one you choose to help form your new company.
Still, some of you may remain undecided, so to finish off this comparison, we’ll outline a few of the most common reasons people choose one service over the other. No matter which one you choose, we wish you the best in all your business endeavors!
|🥇IncFile||Starts at $0||★★★★★ (4.8/5)||Excellent||Absolutely|
|IncParadise||Starts at $89||★★★★✩ (4.1/5)||Fair||Sometimes|
➦ Choose IncParadise if You Are:
Are you forming an LLC in the state of Nevada, and you’d like to take advantage of their free expediting service offer? This is the main selling point for IncParadise, and it’s a strong one!
➥ Choose IncFile if You Are:
Seeking the most affordable LLC service? Interested in bundling registered agent service with your LLC formation? Do you want to use a company with extensive experience? These are a few of the reasons people commonly choose IncFile.
Frequently Asked Questions
Got questions? We’ve got answers.
If I Decide to Use IncFile, Which Package Should I Choose?
We like both IncFile’s $0 Silver package and their $149 Gold package, but if we had to pick just one, we’d go with Silver.
Even with such a low price point, they bundle in a year of registered agent service, which is the cheapest way that we’re aware of to get the combination of LLC formation and registered agent. If you’re in the market for a few more features, the Gold package adds an EIN and an operating agreement, but it also adds some unnecessary stuff (for example, an embossed binder).
How Does IncFile Compare to Other LLC Creation Services?
Is IncFile the best LLC creation service? That’s one of our most asked questions. In short, they certainly are one of the best. For a close up look at how they compare to other top-rated LLC services, check out our comparisons below:
Does Either Handle Extra State Requirements Like New York Publication?
Unfortunately, they do not. We called IncFile’s customer support team to make sure, and we were told that they don’t help their clients with publication requirements because “those need to be taken care of with the state directly.”
That said, ZenBusiness is your best bet if you want an LLC website that also helps with New York publication requirements.
Which Service Has Fewer Upsells?
Due to the way their service is structured, IncParadise has several of what you could call upsells.
However, it’s probably necessary to structure their additional services in this manner, because they only have one LLC formation package available. Instead of offering several different feature packages like IncFile does, IncParadise has one package, followed by a bunch of a la carte services that you can add on.
As for IncFile, they really keep the upsells to an absolute minimum, so we have no complaints there. Overall, we don’t mind the way either of these companies presents their services.
Do These Services Share My Information With Third Parties?
IncParadise does not share your info with any third-party partners as a “special offer” or “free extra” like so many of their competitors do. Speaking of, IncFile does have some info-sharing deals with third parties.
Specifically, their offer to help you open a business bank account requires sharing your info with Bank of America, and if you choose to leverage their offer of a business website and domain name, they’ll provide a company called SnapWeb with your personal information.
Does Either of These Services Have a Refund Policy?
IncFile has an extremely limited refund policy. If you request a refund before they send your payment to the state, they’ll provide a refund less a $30 processing fee. Typically, you’ll need to make this request within 24 hours of placing your order. After that point, no refunds will be granted.
IncParadise has a rather convoluted refund system that has three different processing fees based on when you request your refund. If you request a refund before they’ve done your preliminary name check, they will provide a refund less a $25 processing fee.
If you make your request after the name check but before they draft your articles of organization, they’ll refund your money less a $50 fee. If the order is canceled after they create your formation paperwork, there’s a $75 fee. Finally, if they’ve already sent your documents to the state, no refunds will be granted.
Which LLC Formation Website Is Faster?
In most states, IncParadise and IncFile have similar processing times. This is due to the fact that they both base their turnaround time estimates on the processing speeds of each specific state. However, IncParadise does have one advantage in this area.
If you’re forming a business in Nevada, they’ll expedite your order for free, meaning your LLC could be formed in just three days.
Can I Just Form an LLC On My Own, Without a Service?
Absolutely! In fact, thousands of people every year choose to form their LLCs without any assistance. However, we appreciate the peace of mind we get from hiring a professional service to form our LLC, which you don’t get from the DIY route.
Ready to Create Your LLC Online?
Create your LLC with IncParadise or save $89+ by choosing IncFile.