Nationwide Incorporators LLC Service Review (Pros, Cons & More)
Since 1997, Nationwide Incorporators has offered LLC formation services to customers around the country.
Even in a crowded industry like corporate formations, Nationwide Incorporators has carved out a corner of the market due to their attorney-reviewed services.
This Nationwide Incorporators LLC service review is structured so that it’s as easy as possible for you to determine if you’d like to use their services, or perhaps review other options.
Advantages & Disadvantages
Advantages of Nationwide Incorporators:
– With Nationwide Incorporators, a business attorney will either draft your papers or review them before they’re sent to your state of formation. No competitor can match that promise, and it’s a great source of peace of mind for any entrepreneur.
– Nationwide Incorporators president and founder Mike Ross has been an attorney for 40 years, which is experience you get to take advantage of as a customer. Ross handles many services himself, reinforcing their “Attorney-Powered” slogan.
– Many competitors don’t offer state-specific compliance requirements like publishing service to advertise notice of your formation in a newspaper. Nationwide Incorporators not only offers these services where necessary — and only when necessary — but they also have good prices on them as well.
– If you check out their Yelp page, you can find some valuable discount coupons. For example, while writing this review we noticed that they were offering $395 worth of services for $295.
– Their Education Center is packed with information on business types, licensing, foreign registrations, and much more. While most companies in this industry do have some sort of FAQ or learning center, this is another area where Nationwide Incorporators has a big advantage considering theirs was written and reviewed by lawyers.
Disadvantages of Nationwide Incorporators:
– They don’t include registered agent in any of their LLC formation service packages. Some competitors include a whole year at no extra charge.
– At $145, their basic LLC service is far from the least expensive option out there. For example, you can get an LLC formed for less than $50 with IncFile. Of course, those services don’t have attorney-drafted or reviewed document filings, so maybe you get what you pay for.
Nationwide Incorporators LLC Packages
Nationwide Incorporators gives customers three choices when ordering LLC formation service: Basic, Priority Deluxe, and Priority Premium. If you want to review the details of their services for yourself, take a look at the way they describe them on their website.
Basic = $145 + State Fee
– Preparation and Filing of Articles of Organization: The articles of organization are the forms filed with your state government to officially create your new LLC. Nationwide Incorporators will draft these documents for you, then file them with your state of formation.
– Name Availability Check: Before submitting your articles, they’ll search your state’s business database to make sure there isn’t another business using your desired name.
– Sample Operating Agreement: All LLCs should have an operating agreement, which is the document that describes your ownership structure, and also lays out some rules and regulations for the way your business will operate. Nationwide Incorporators will provide you with a sample document, which you can customize to fit your company.
– Sample Organizational Minutes: Minutes help you organize official meetings of your LLC’s members. You are not required to use minutes, or even hold these meetings, but if you choose to, you will have a sample form that you can use.
Priority Deluxe = $325 + State Fee
Everything from the Basic package, plus…
– Custom Operating Agreement: Instead of simply providing you with a customizable document, Nationwide Incorporators will draft your operating agreement for you.
– Custom Membership Certificates: Personalized documents for your LLC’s ownership group.
– Compliance Checklist: You’ll receive a list of ongoing compliance requirements to maintain your company’s good standing, specifically tailored to the rules and regulations of your state of formation.
– Minute Book: A binder with your business name printed on it.
Priority Premium = $375 + State Fee
Everything from the Priority Deluxe package, plus…
– Federal Tax ID Number (EIN): This is essentially a Social Security Number for your business. An EIN enables you to hire employees, open business bank accounts, file business taxes, and more.
– Membership Ledger: Keep track of your initial ownership interests and any ownership changes down the line in this convenient ledger.
– Custom Minutes
What Are Other Entrepreneurs Saying?
We found just a handful of reviews of Nationwide Incorporators. While it would clearly be preferable to see more feedback than this, it is worth pointing out that all five reviews are highly positive, and there are no critical reviews to be found anywhere that we searched online.
Still, it’s awfully difficult to do much analysis on such a small sample, so in the end we’ll just say that customer feedback isn’t a major pro or con for Nationwide Incorporators.
– Yelp: 5.0 out of 5 stars (4 reviews)
– Google: 5.0 out of 5 stars (1 review)
Is There a Better Nationwide Incorporators Alternative?
Nationwide Incorporators does a great job with LLC formation service, but it’s possible that you don’t feel they’re the perfect fit for your new company. With so many competitors in the marketplace these days, it’s a smart idea to take a look at what the competition has to offer.
Our favorite alternative to Nationwide Incorporators is IncFile. With IncFile, you can receive quality LLC formation service for just $49, and that price point even includes a full year of registered agent service. They also have thousands of customer reviews available across the web, which are mostly positive.
While Nationwide Incorporators offers attorney-reviewed services, which IncFile does not, in our opinion the price difference and year of registered agent service still put IncFile over the top.
Is Nationwide Incorporators Right For You?
Nationwide Incorporators is one of the top LLC service providers thanks to their lawyer-drafted and reviewed document filings. Still, they won’t be the right choice for every single company, so let’s finish by going over some scenarios where you might want to use their services, as well as situations that may make you want to look elsewhere.
When to Use Nationwide Incorporators:
If you like the reassurance of having an experienced business attorney draft and/or review your documents before filing, but don’t want to spend the kind of money required to hire a lawyer to form your LLC, Nationwide Incorporators is a nice middle ground.
When NOT to Use Nationwide Incorporators:
If you want to save some money, or perhaps bundle registered agent with your service package, there are ways to do that. For example, IncFile starts their service at $49, and that includes a year of registered agent.
Nationwide Incorporators might not be the cheapest or most popular LLC service, but they have some advantages that most competitors can’t match.
Starting at $145
- A great service if you want
- an experienced business attorney
Frequently Asked Nationwide Incorporators Questions
Does Nationwide Incorporators Offer Any Discounts?
At the time of this writing, Nationwide Incorporators is offering $100 off any purchase of $395 or more. You can access this deal on their Yelp page.
Does Nationwide Incorporators Have Good Customer Support?
Nationwide Incorporators has a personal touch that most larger service providers can’t match. If you call them with a question, you’ll talk to someone located in their physical office instead of someone at an outsourced call center.
Do They Have a Refund Policy?
In their own words: “We will gladly correct any errors we have made at no cost to you by providing you with revised documents or forms or re-filing any documents.”
Can I Form an LLC on My Own?
You always have the option to try the DIY route, and quite a few entrepreneurs do form their own LLCs. We would simply like to caution you that it can take considerably more time than you may be expecting, especially given the fact that each state has its own process for LLC formation. On the other side of the coin, some entrepreneurs choose to have a lawyer form their LLC, but this is usually quite expensive.