IncFile LLC Service Review in Virginia

Before online business formation companies took the lead, starting a business was quite a hassle. For people new to the field, it meant one of two things. They could either hunch over the paperwork, trying to make sense of the documents and hope that everything worked out in the end. Or they could consult attorneys who would often charge them an arm and a leg. For a long time, the latter seemed to be the only way out before agencies such as IncFile came into the picture. These companies made what was once an intricate complex way more accessible to even those who had little knowledge about the law. Today, we look at what this company does and why it might be an ideal option for you.

This company is one of the pacesetters in the industry, having come about back in 2004, thus boasting of almost two decades of experience. The goal behind its formation was to make registration of businesses easier and more accessible to its long line of customers. This accessibility was made possible thanks to the availability of technology coupled with a strong professional team. At present, this company has a national presence and enables people to go about LLC formation as well as open other entities in the states. So far, it boasts of more than 250,000 opened businesses since its inception and its reach seems to be getting wider by the day.

It offers formation services, compliance features and also serves as a primary point of contact for businesses. You can thus hit two birds with one stone with this setup as it offers the best service for the best price. The question is, should you choose this company to start your business?

Packages

IncFile LLC Virginia offers three packages to its customers, all with varying features and pricing as shown below:

Silver

A few months back, you would have parted with $49 to access this service, which is pretty much what similar companies would charge you. However, things have gotten way much better, almost unbelievable even with the current pricing of $0! That’s right. Short of the state fees, you pay nothing to get in on this deal. Where else would you come across such an offer?

While this package comes free of charge, IncFile Silver offers some enticing features as covered below:

• Name Check. If you decide to operate under a name that already belongs to another entity, you will not go through with the registration. This company ensures that you smoothly go over subsequent processes by getting the naming right. You can rely on its wide database to search through available identifiers as you make this step.
• Articles of Organization. Without these documents, your desire to start a company remain a dream. However, this service can help you actualize those dreams by doing two things. One, it prepares the documents on your behalf, ensuring that you get all the details right from the start. Keep in mind that the state requires a filing fee each time you make an application. Thus, an error when prepping could cost you a few tens of dollars. This agency comes in to ensure that added costs will not hold you back. Two, the agency also files the documents on your behalf, thus laying the foundation for your business.
• Point of Contact. As part of your formation process, you must elect a person or company that will receive important documents on your behalf. If you would like to afford yourself and other members of your company some privacy, it is best that you do this under an agent such as IncFile where you can use the IncFile legal address. The company has permanent physical presence in the state and can thus receive documentation from the state on your behalf. On the upside, this company does this correspondence for free for the first year. After that, you are subject to an annual fee Registered Agent service $119, though you are free to cancel the subscription after that. What a deal!
• Tech Support. You can count on tech support to help you deal with arising issues. The support staff is available by phone or by mail from 10 am to 7 pm ET times during weekdays. That should be enough to help you understand what goes into starting your business as well as get support when your operations are up and running.
• Status Orders. You can keep an eye on your orders to stay on track with their expected delivery times. Given the real-time urgency in these technological times, this feature is an added bonus. To think that you get it for free!
• Fiscal Consultations. If you are having trouble with your financial calculations, tax obligations and any other matters concerning money, certified professionals are available to help. You can book a half-hour session with one of these individuals and ask questions that pertain to your business operations.
• Reminders. As you go about running your business, you can forget about upcoming deadlines, and this can cost you a great deal of money. IncFile Virginia LLC enables you to remain compliant by sending you timely notifications as the dates near.
• Online Access. You can have a look at your documents on your dashboard and download and view them as needed.

Gold

IncFile Gold offers everything in the silver setup with the following additions that rack up the cost to $149, exclusive of the state fees:

• EIN. You can use this ID to pay taxes, hire people and open a separate bank account for your business operations.
• Operating Agreement. The company offers a template you can customize based on the needs of your company’s members.
• Resolution. This document enables you and your company members to have a say as to who can touch your finances in the bank. Forming an LLC enables you to protect your personal assets and this account formation can help with this protection.
• Formation Kit. This package comes with a box bearing your company name which you can use to organize company documents.
• Tax Preparation. If you would like to have your business taxed like an S corporation, you can get a form that will help you get started on this journey.
• Speedy Processing. Most people choose this option for its speedy processing and shipping with an average delivery period of 1-3 business days.

Platinum

For $299 exclusive of state fees, clients can gain access to this package which offers the same services as the silver and gold setups. Additionally, IncFile Premium offers the following addons:

• Speedy filing that allows you to have your business set up in a matter of days.
• Access to numerous contract templates which you can customize as needed.
• A business website as well as a domain name.

You can find more information about the various packages here.

Pros & Cons

What sets this company apart from the rest of the competition?

Pros

• Low Cost. With a package that costs as low as $0, this is the most affordable service you will find in the industry. At the same time, they offer services that are highly recommendable.
• Experience. The company started back in 2004 and has thus amassed a wealth of knowledge and experience.
• Contact Point. As much as this service offers unbelievable starting prices, it couples this with free agency services for a whole year.
• Notifications. You can look forward to timely reminders of any upcoming deadlines to help you remain compliant with the regulations in your state.
• Customer Experience. This company has made a good name for itself by handling customers positively. With more than 15,000 reviews online, this company has built quite a reputation.

Cons

• Upsells. The company tries to make up for the free services by offering a range of upsells that can have customers paying more than what they intended.
• Support response speed. There have been complaints that tech support took a while to get back to clients. In recent times, there has been a positive change in this, though there is a need for more transformation.

Should You Start an LLC With IncFile?

You must choose IncFile:

• If you want good services without parting with a lot of money
• If you would like to keep your address private and need someone else to act as your primary point of contact

Do not choose IncFile or find an alternative to it:

• If your formation is complicated or you have little experience with registration. If you compare incfile vs zen business, the latter wins in this case.
• If you would like a service with full features. In the case of incfile vs northwest, IncFile would not be the best for this scenario.
• If you would like a company that has been in operation for a long time. With incfile vs LegalZoom, LegalZoom has been around longer and would thus have more experience.

Conclusion

Based on the above features, upsides and downsides, you may have an easier time deciding if IncFile in Virginia is the company for you. For example, if the idea of starting a company with $0 appeals to you, the silver option would work.

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Frequently Asked Questions

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