The limited liability company is an increasingly popular business structure in America, with thousands of new LLCs being formed every day. The LLC is effectually a hybrid business type, occupying the space between the rigid formalities of a corporation, and the casual nature of a general partnership or sole proprietorship.
If you want to form an LLC in the United States, you will need to designate a registered agent. The role of the registered agent involves the usage of their address as your official business address, which means they’ll receive important document deliveries on your behalf, including court summons and other official correspondence from your state government.
There are many companies that offer LLC formation and registered agent services online, and it’s sometimes difficult to determine which one has your best interests in mind. In this comparison, we’ll take a close look at MyCompanyWorks and InCorp. Which one is the better choice to form your new LLC and provide registered agent service?
30-Second Summary Of MyCompanyWorks VS. InCorp
MyCompanyWorks won’t blow you away when it comes to the pricing and included features in their LLC formation packages, but they do have some advantages of their own. The most impressive aspect of MyCompanyWorks as a company is their tremendous customer feedback, as nearly all of their 2,500+ online reviews are positive. We also appreciate the fact that they guarantee that all LLC formation orders will be processed and filed with the state within one business day.
InCorp is best known for their impressive registered agent service pricing, which starts at just $99 per year, and they also offer volume discounts. They have plenty of experience and a large roster of active registered agent clients. While InCorp does provide LLC formation service, it’s a somewhat uninspired barebones offering.
This is a close competition, and overall we feel like these companies are relatively equal. We prefer InCorp for registered agent service, but MyCompanyWorks is our pick for LLC formations.
We Recommend Zen Business
These LLC Services vs Other Options
Overall, InCorp ranked #12 on our list of the best LLC formation services, and they came in sixth on our registered agent service guide. MyCompanyWorks ranks eighth in our comprehensive guide to the best registered agent services, and they hold down the #5 spot in our LLC formation service rankings.
There are plenty of competing services in this industry though. If you want more information about two of the most popular options, check out our Zen Business vs LegalZoom comparison guide. To see our entire comprehensive guide to LLC formation services, this article runs down our top 14 options, including a spotlight on Zen Business, our top pick.
Pricing & Additional Features
MyCompanyWorks:
- LLC formation (starts at $79) – They provide the essentials of LLC formation: a business name availability check, along with the preparation and filing of your articles of organization. In addition, you’ll receive a custom operating agreement, custom meeting minutes, the Startup Wizard interactive checklist, and free ebooks.
- Registered agent ($99/year) – MyCompanyWorks has a low rate of $99 per year for registered agent service, which is one of the lowest rates for any national registered agent provider. Their registered agent service doesn’t include any additional features, but at this price point, they don’t really need to.
Who should use their services? We think that MyCompanyWorks’ reasonable price points and spectacular customer reviews should appeal to a wide variety of entrepreneurs. They’re one of our favorite providers of LLC formation and registered agent services.
InCorp:
- LLC formation ($99) – InCorp only has one LLC formation service package, which costs $99 plus state fee. It just includes the basic elements of forming a company: a business name availability check, and the preparation and filing of your articles of organization.
- Registered agent ($99/year) – If you purchase one year’s worth of registered agent service from InCorp, they will charge you a flat rate of $99. However, if you prepay for future years of service, they’ll cut their rates as follows: 2 years ($89.10/year), 3 years ($80.52/year), 5 years ($66.56/year). One unique feature of InCorp is their EntityWatch system, which provides real-time information regarding the status of your business entity, and also helps prevent corporate identity theft. They also provide access to a convenient compliance calendar.
Who should use their services? We think InCorp’s registered agent service offering is appealing to any entrepreneur looking for reasonably priced service. However, we’re not quite sure who they’re trying to appeal to for LLC service. Their formation package is underwhelming and hard to recommend.
Total Price for LLC Formation + 1 Year Registered Agent
MyCompanyWorks: $178 (plus state fee)
InCorp: $198 (plus state fee)
Customer Satisfaction
MyCompanyWorks: Most of MyCompanyWorks’ thousands of customer reviews are located on Shopper Approved, where they hold a 4.9 average score (out of 5) with 2,855 reviews. Their clients seem pleased with the efficiency of MyCompanyWorks’ services, as well as with their thorough explanations for each step of the LLC creation process. Customer feedback is a strength for MyCompanyWorks.
InCorp: We were able to track down 95 reviews for InCorp, as they have 61 reviews on the Better Business Bureau website, along with another 34 on Facebook. Their reviews are decent, but not spectacular. In their positive reviews, InCorp clients discuss the quality customer support they receive, and also highlight the company’s ease of use. On the other hand, they do have some negative reviews that mostly revolve around customers having difficulties canceling their services.
Quality of Customer Service
MyCompanyWorks: MyCompanyWorks provides access to their customer support team via phone or email. In our experience, and also based on their customer feedback, either option gives you quick response times and well-informed assistance from their team of knowledgeable professionals. The only issue with their customer support is their short window of availability, as their representatives are only available from 11am until 7pm ET on weekdays.
InCorp: You can access InCorp’s customer support representatives via phone, email, or web-based chat. If you prefer support in Spanish, they have bilingual reps available during all standard operating hours, which at InCorp run from 9am to 9pm ET every weekday. No matter which method you prefer for contacting their support department, they have quick response times, and their representatives are friendly and helpful.
Company Stats and Track Record
MyCompanyWorks: MyCompanyWorks was formed as MyNewCompany in 2001, and they’ve formed over 50,000 LLCs and corporations since then. In 2017, they were named to the Inc5000 rankings of the fastest-growing private companies in America.
InCorp: InCorp was founded in 1998, and with over 125,000 active registered agent clients, they’re the fourth-largest national registered agent service in America. InCorp also provides business formation services, and their EntityWatch compliance management feature is a unique benefit.
Final Scores and Our Recommendation
We Recommend Zen Business
MyCompanyWorks (4.1/5): We appreciate their 100% satisfaction guarantee, next-day processing, and strong customer reviews. Their $99 annual rate for registered agent service is impressive as well. If you’re looking for low price points and well-rounded services, give MyCompanyWorks a look.
InCorp (3.9/5): InCorp is one of the best registered agent service providers in the entire industry, as their low price points and valuable features are a winning combination. Their LLC formation service is underwhelming though.
Our Service – Zen Business (4.9/5): While we really appreciate both InCorp and MyCompanyWorks, Zen Business is actually our favorite LLC formation service. For just $39, they’ll provide the full formation process of your LLC, while also including a year of registered agent service. It’s one of the lowest price points in the industry for this combination of services, and you won’t have to sacrifice anything when it comes to features.