Are you finding it hard to choose the right service for your LLC or corporation? Well, you are about to find out the most important features and factors you need to get your business underway. The Incfile and Bizfilings comparison is a tight one.
This makes it a difficult task, however, we simplify your choice process in this article by differentiating between the Incfile’s registered agent and Bizfilings’ free registered agent services.
Features of Incfile and Bizfilings
Company History and Track Record
Bizfilings incorporation services has been open since 1996 and has served over 500,000 businesses across various states. Incfile, on the other hand, was formed in 2004 and helped in the formation of about 250,000 businesses.
Incfile has staff that work with the formation requirements needed in all the 50 states of America and Washington DC. However, Bizfilings offers a wider range of options based on their 24-year experience of registered agent service.
You need an LLC formation service and first class registered agent service providers that would help you grow and build your new business based on their effectiveness and long years of providing the LLC or corporation services.
With more experience in the industry, we choose Bizfilings as the better service provider in this aspect.
Incfile and Bizfilings Registered Agent Service
As one of the high-rated LLC formation companies, they have packages that include a free registered agent service. However, Bizfilings incorporation offers this service for only six months while the package of Incfile includes a full year or 12 months of registered agent service that is free.
Incfile’s registered agent gives you the advantage of enjoying their services which includes receiving your important documents from your state government, informing you about these documents and forwarding the documents to you for 12 months free of charge.
Incfile also offers efficient features such as an online dashboard for instant access to information forwarded to your businesses and email and SMS notifications.
Therefore, we highly recommend Incfile for those looking to form an LLC or a new corporation.
Meanwhile, Bizfilings offers six months of service although they respond earlier to customers than Incfile. But with both Bizfilings and Incfile you enjoy privacy, organization and business compliance with your state laws by giving your company alerts when you get important information.
Overall, if you want a free one year (first year) of registered agent service and efficient processing and services, Incfile is your best bet.
Incfile and Bizfilings Additional Services
Bizfilings and Incfile offer you both free and paid additional services to support you in properly building your LLC or corporation. As an LLC formation service similar to LegalZoom or LegalDepot, Bizfilings supports a publication service for areas like New York that require such service.
However, the services Incfile support is different from that. Incfile provides its customers with business accounting services. Both of the distinct services from these business formation service providers are ones that you have to purchase.
However, they both support annual reports, foreign qualifications, business license research, banking resolution for your new business bank , EIN/ Federal Tax ID obtainment, free domain name. These additional services would enhance your business formation process and open you up to options that do not necessarily require payment.
Whichever one you decide to use between these service providers, your LLC business would definitely be able to keep track of crucial information with ease of use especially with the annual report that you need.
User-friendliness
Bizfilings and Incfile have user-friendly dashboards that allow you to easily access your documents, information, reminders, deadlines and state requirements. The ease of use that you experience while on either of their dashboards is remarkable as you have access to business formation tips and advice that would help your LLC business thrive.
Also, Bizfilings and Incfile have similar services when it comes to their customer service. Bizfilings runs a longer customer service that runs from 9 am to 8 pm on their weekdays while Incfile’s customer service runs from 10 am to 7 pm only from Mondays to Fridays.
Based on our review of Bizfilings, it gives you an extra 2 hours of quality service starting early in the morning and entering well into the night. By using this customer support, you can easily reach out to them during your business hours. Based on the customer support system, using Bizfilings for your business formation is a better option especially because of its impeccable phone support and email support.
Incfile and Bizfilings: Turnaround Times
The turnaround times of Incfile vs Bizfilings differ based on what they are tied to. It is normal for LLC services including Swyft Filings and LegalZoom to vary in turnaround times.
Incfile uses packages like the platinum, gold, and silver package. Their turnaround schedule are based on each state’s ability in state processing limited liability company formation processes.
This turnaround schedule is applicable to all their packages as it is conditioned to the laws, situations and regulations of the state. However, Bizfilings base their turnaround schedule on the type of formation packages that you get for your company. If you decide to use Bizfilings, their formation package (basic package) takes 4-6 weeks for it to process fully.
Bizfilings uses this technique to help you track the time depending on the type of package that you decide to buy from them. With their services, you know the specific time that the full process would take.
Apart from the basic package, Bizfilings (silver package, gold package, platinum package) as also has the standard and complete package that takes about 7-10 days as its turnaround time. If you want to use expedited processing with Bizfilings, you would have to pay $60 which is also the same amount you pay as the filing fees / state fees.
Operating Agreement
Incfile & Bizfilings include an operating agreement in their package. The operating agreement is a contract that includes the stipulation of how the company would operate in terms of membership, management and income distribution.
These LLC formation services such as Zen Business understand that operating agreements differ from state to state.
Bizfilings has an operating system as part of their package for free while Incfile does not have an operating system included in their basic package. Bizfilings only includes 6 months of free registered agent services in their package, however, they make up for it with a free operating agreement.
Customer Reviews
Bizfilings only has three customer reviews on Better Business Bureau (BBB) [1]. Although this LLC formation service has been around for many years just like other top-notch online incorporation services providers, it seems fishy for them to have such low numbers of reviews from their customers.
Incfile, on the other hand, has good standing and has about 16,000 customer feedback. Bizfilings has a 4.1 rating while Incfile has 4.6 stars out of 5 from its customers.
Incfile and Bizfilings Pricing
In this comparison, one of the most striking differences between Incfile and Bizfilings is the pricing. Like Inc Authority with zero fee for initial plan, Incfile requires a starting out fee of $0 while Bizfilings starts at $99.
Incfile covers expedited filing fees/ state fees but if you prefer high-quality services, Bizfilings only requires a small fee of $99 to cover you for the first 6 months.
Incfile offers $119 per year (full year) while the other charges $149 per year, however, their packages contain slightly different functions that you need. With Incfile’s pricing, you get to choose between the basic, gold, and platinum packages. Meanwhile, Bizfilings also supports the basic one, a starter and complete.
Overall Winner: Incfile
The best LLC formation service that fulfilled our team’s criteria is Incfile.
Based on our experience with both services, Incfile is more capable of handling the needs of newly-formed businesses.
With a faster turnaround time and an enticing deal of free one-year registered agent services, their offers have more value for money and are a step ahead in terms of efficiency and customer satisfaction.
You can also check our detailed comparison of Incfile & Swyft Filings here. See which LLC service stand out over the other.