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 cheap LLC services 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 Swyft Filings. Which one is the better choice to form your new LLC and provide registered agent service?
30-Second Summary Of MyCompanyWorks VS. Swyft Filings
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.
Swyft Filings is a recent addition to the business formation services industry, but they serve a high volume of clients. Their best selling point is their excellent customer feedback, with thousands of reviews and high average rating scores.
All told, we think these two companies are relative equals, although we’ll give a slight advantage to MyCompanyWorks, because they have a slightly lower price point for LLC formation service with registered agent service.
We Recommend Zen Business
These LLC Services vs Other Options
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. Meanwhile, Swyft Filings placed eighth in our LLC service guide, and they ranked #11 on our registered agents list.
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, these LLC reviews 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.
Swyft Filings:
- LLC formation ($49) – Swyft Filings’ entry-level formation package includes a business name availability check, as well as the preparation and filing of your articles of organization. In addition, you’ll receive a statement of the organizer, access to a compliance dashboard, and some third-party bonus offers like a free domain name for a year.
- Registered agent ($149/year) – Swyft Filings charges a flat rate of $149 per year for registered agent service. This rate includes regular compliance reminders so that you never miss an important filing due date.
Who should use their services? We typically recommend Swyft Filings to entrepreneurs that don’t need registered agent service. Their LLC formation package is reasonably priced, but it doesn’t include registered agent, and their registered agent service is too expensive to recommend as an add-on.
Total Price for LLC Formation + 1 Year Registered Agent
MyCompanyWorks: $178 (plus state fee)
Swyft Filings: $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.
Swyft Filings: Swyft Filings has more than 26,000 customer reviews online, and almost all of them are highly positive. Their satisfied customers often compliment their support reps for the excellent service they receive, and also comment on how easy Swyft Filings makes the business formation process.
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.
Swyft Filings: With Swyft Filings, you can access their customer support team via phone, email, or web chat. In our experience, their response times are quite fast, and their representatives are usually able to answer our questions quickly and accurately. They don’t particularly stand out from the crowd in this area, but they certainly hold their own.
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.
Swyft Filings: Swyft Filings was created in 2012 by a lawyer, but other than the fact that they’ve helped form tens of thousands of businesses, there is little else on their website regarding their track record.
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.
Swyft Filings (4.2/5): Swyft Filings has several advantages when compared to most competitors, like their low LLC service pricing and strong customer reviews. We have a very slight preference for MyCompanyWorks over Swyft Filings, but there’s nothing wrong with Swyft Filings’ offerings for these services either.
Our Favorite Service – Zen Business (4.9/5): While we appreciate some aspects of what MyCompanyWorks and Swyft Filings have to offer, 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.