Inc Authority Review 2024 – Do NOT Buy Before Reading This!

Inc Authority Review: Inc Authority is one of those companies that offer LLC formation at $0 excluding the state filing fee. This company offers basic formation services to startups and helps them grow. The main USP of Inc Authority is its budget-friendly business formation.

The company, despite not being a big organization, manages well to gain enough customer feedback. It is inevitable to say that most of the feedback and reviews are positive. Editors, at LLCBuddy, bring an honest review of Inc Authority for you. In this Inc Authority review, you will find out about the company, its pros & cons, price, and packages, and anything that helps you make your decision.

Inc Authority Review: At a Glance

Inc Authority: About The Company

Inc Authority is an online business formation service provider that offers free LLC formation. They like to call themselves the “Full-service business formation specialist.” Along with free LLC formation, the company provides a “comprehensive list of start-up business services” that help start-ups grow their business.

Inc Authority may not be the biggest name in the industry, but it has a significant track record in forming businesses. Sites like Trustpilot and Google have impressive user reviews for Inc Authority. Established in 1989 and with a small team (approximately 25 employees) the company outsources some of its services, making its packages slightly more expensive than the other competitors.

However, within the last 30+ years, they have managed to form 250K+ business entities. Comparing other services, like Zenbusiness, it provides LLC formation at $0. This company also offers other business-related services at a much lower price. The reason is they don’t have to outsource any of the services, unlike Inc Authority.

Note: If you find other reviews of the best LLC service, Inc Authority mostly stands in the Top 5 positions. The main reason for this is their Free LLC Service. Hence, it is more popular among start-ups and small businesses.

Packages Offered by Inc Authority

Inc Authority Basic and Premium Packages. The basic one offers free LLC formation and free registered agent service for 1 year along with other basic services. The premium package offers more advanced services including operating agreement drafting, obtaining EIN, and such.

Entry Package – Free LLC Formation

$0 + Additional State Fees may apply

As mentioned above, in this package you can set up your LLC for free. While forming your LLC, you may have to pay the state filing fees to the state government. However, in most states, these fees are tax-deductible. Hence, you will probably get a chance to set up your LLC at no cost at all. Besides, free LLC formation there are other services included in this package. They are:

• Business name check
• Registered Agent Service for 1 year (after that it costs $99/year)
• Preparation and Filing
• S-Election Form
• Digital Storage
• State & Federal Tax Planning Consultation
• Business Credit and Funding Analysis
• INC Care Support – email & phone

Entry Package Beneficiaries:

Small businesses should choose this Entry Package Bundle. It is cost-effective and easy. They can enjoy free LLC service as well as free registered agents for one year.

IncAuthority Alternative: IncAuthority offers a bunch of business formation services for free, it might not be suitable for bigger business setups like multi-member LLCs. In that case, the #1 alternative to IncAuthority is ZenBusiness. ZenBusiness, the best alternative to IncAuthoirty also offers LLC formation at $0.

Premium Packages

Starter Business Bundle

$399 + Additional State Fees may apply

Starter Business Bundle is the premium package IncAuthority offers. Along with the services offered under the Entry Bundle, there are some additional services included under this package. The additional services are listed below:

• Business Name Availability Verification
• Custom State Filed Articles
• Operating Agreement/Bylaws
• Record Book & Company Seal
• Initial Meeting Minutes & Resolution
• Ownership Certificate
• Employment Identification Number (EIN) from IRS
• Annual Compliance Notification
• Website Domain + 5 email address
• Tax Consultation (up to 1 hour)
• INC Success Advisor

Starter Package Beneficiaries:

This plan is for mid-sized businesses with employees. Once you get an employee in your LLC you will have to obtain the EIN. Under this bundle, you can get EIN as well as other services. Any mid-sized business can opt for this plan to start their LLCs.

Business Executive Bundle

$499 + Additional State Fees (tax deduction may apply)

Business Executive Bundle offers additional services along with the services available under the Starter Bundle. Below are the additional services you will get in this package,

• Business Credit & Evaluation
• Business License Report
• Website Domain
• Tax Consultation with a tax professional (up to 1 hour)
• INC Successor Advisor (1 Year)

Business Executive Bundle Beneficiaries

Mid-sized businesses that are in need of business credit and loans can opt for this bundle. For smaller businesses or start-ups this premium package might be a little expensive. As there isn’t much of a difference between the Starter Bundle and the Business Executive Bundle majorly.

Tycoon Business Bundle

$799 + Additional State Fees may apply

Tycoon Business Bundle is the highest premium bundle IncAuthority offers to their customers. Under this bundle, they offer almost everything. Apart from all the services under the Starter Bundle and Business Executive Bundle, Tycoon Bundle has some more services. They are:

• Express Processing
• BizCredit Express
  • Business Credit Coach
  • Multi-tiered Credit Building System
  • Business Credit LaunchPad
  • Dun & Bradstreet Credit Bureau Registration

Business Tycoon Bundle Beneficiaries

This package is for the biggies in the market. You are paying more to get additional services. Some of the services are not required when you are setting up a limited liability company. So, for some, this bundle can be over-priced with useless services.

Note: Inc Authority outsources some of its premium services. It triggers the price of the services they offer. Some of these services are not required while forming an LLC. Hence, if you are purchasing a premium package, expect to get some unnecessary services as well.

Other Benefits (Services) Offered By Inc Authority

Inc Authority, like other competitors, offers an A-La-Carte menu of services. If you need it, you can opt for those services without purchasing the bundle. On the other hand, you can purchase separate services along with the business bundles. The prices of these services are not disclosed by the company or mentioned on their website. To know more about the price of these services, you must call or email them.

The A-La-Carte services are as follows,

• Federal Trademark
• Revocable Living Trust
• Website & Marketing
• Business Credit
• Business Plans
• Business Funding

Some of the services you can add at the time of checkout. You can pay for the single service along with the bundle you have chosen to upgrade your package. The services are:

• Operating Agreement: Cost – $89
• EIN: $49
• Website Registration: Cost – $10
• Ownership certificate & seal of legal documents (package): Cost – $99
• Same-day filing: Cost – $49
• Express Delivery: Cost – $30
• IncAuthority Advisor: Cost – $27 (monthly) & $197 (yearly)

Inc Authority Service Plans: At a Glance

Service	Entry Bundle	Starter Business Bundle	Business Executive Bundle	Business Tycoon Bundle
LLC formation	✔️	✔️	✔️	✔️
Registered Agent	✔️	✔️	✔️	✔️
S-Election Form	✔️	✔️	✔️	✔️
Operating Agreement	$89	✔️	✔️	✔️
EIN	$49	✔️	✔️	✔️
Business License Search	❌	❌	✔️	✔️
Website Domain	❌	✔️	✔️	✔️
Tax Consultation	❌	Upto 1 hour	Upto 1 hour	Upto 1 hour
Business Funding & Evaluation	❌	❌	✔️	✔️
Express Processing	❌	❌	❌	✔️

Final Verdict: Should You Use Inc Authority?

Inc Authority is, as mentioned before, one of those companies that started providing LLC formation at $0 excluding state filing fees. In some cases, the state filing fee gets tax benefits that make it forming an LLC totally free of cost. Any small business that has a tight budget can go for Inc Authority. Currently, many biggies offer LLC formation at $0. So, why would anyone choose Inc Authority over others? The reason is their other services. Forming an LLC does not only require filing formation documents, it also requires registered agent service, EIN, operating agreement, and others.

Inc Authority offers all these at a lower cost than many other competitors. In fact, they offer registered agent service for free for one year. After that, it starts charging an annual price. They offer EIN and operating agreements for free with their premium plans.

Mandatory services like an operating agreement come with a price tag under the premium bundle. Apart from that, obtaining EIN which is free if you get it from the IRS, has a price too. If you opt for the premium bundle, you will get some unnecessary services unrelated to LLC formation. Even if you don’t need them you have to pay for them.

When Should You Choose Inc Authority?

If you are a small business looking to form your LLC, then you should consider Inc Authority’s Entry Bundle. Businesses or startups that do not require advanced services like business planners, business credit, or business funding analysis, can opt for Inc Authority. Hence, if you are chasing after low-cost business formation then Inc Authority is your option.

When Should You Not Choose Inc Authority?

Now, if you are far from the basic level, that means you are not a starter in the business, then you should not consider this company. The reason why I am suggesting this is because the services that Inc Authority offers in its premium package may be available at a lower price from other competitors. So, if you are a midsize or a biggie in the industry then you may compare and consider other available business formation services.

Inc Authority Alternatives

If you have to choose an alternative to Inc Authority then ZenBusiness is the best option for you. The reason why we are suggesting ZenBusiness is because not only does it offer free LLC formation but also, the premium packages are cheaper than Inc Authority. Read the full post on ZenBusiness Review to know more about the pricing and packages.

How to Use IncAuthority

You need to set up your account by providing all the necessary details. You can use the IncAuthority services for business name search, registered agent services, LLC filing tax planning, etc.

Inc Authority is a company that specializes in helping entrepreneurs and small business owners start their businesses by offering services related to business formation, compliance, and consulting. Their goal is to simplify the process of starting a business so that you can focus on what you do best – running your company.

One of the key benefits of using Inc Authority is that they offer a wide range of services tailored to meet the specific needs of your business. Whether you’re looking to form an LLC, corporation, or nonprofit organization, Inc Authority has the expertise to guide you through the entire process. They can help you with everything from choosing the right business structure to filing the necessary paperwork with the appropriate state agencies.

Furthermore, Inc Authority can also assist you with ongoing compliance requirements to ensure that your business remains in good standing with the government. This includes helping you file annual reports, obtain necessary licenses and permits, and maintain proper corporate records. By staying on top of these important tasks, you can avoid costly fines and penalties for non-compliance.

Another great feature of Inc Authority is their team of experienced consultants who can provide valuable advice and guidance on various aspects of starting and running a business. Whether you’re looking for help with marketing, finance, or legal issues, Inc Authority has the expertise to point you in the right direction. This can save you time and money by avoiding common pitfalls that many new business owners encounter.

Additionally, Inc Authority offers a range of resources and tools to help you succeed as a business owner. From informative articles and guides to business templates and checklists, they provide everything you need to make informed decisions and stay organized throughout the process. This can help you streamline your operations and focus on growing your business rather than getting bogged down in administrative tasks.

In conclusion, if you’re looking to start a new business or formalize an existing venture, Inc Authority is a valuable resource that can help simplify the process and provide you with the support you need to succeed. Their comprehensive services, experienced consultants, and useful resources make them a worthwhile partner for any entrepreneur or small business owner. With their help, you can navigate the complexities of business formation and compliance with confidence and peace of mind.

F.A.Qs

In Conclusion

To sum up the review, it can be said that Inc Authority can be a complete solution for a small business establishment. It offers important services such as business formation, registered agent for 1 year, obtaining EIN, and express filing. However, it does not offer other important services for free. The add-on services come with a high price tag which might be an issue for a small business.

With Inc Authority, one might get other services they require in their premium or Tycoon package. However, alternatively, services like ZenBusiness offer basic services at an affordable price along with free LLC formation. It is advised to explore and compare other services before you jump in and buy IncAuthority services. Though their front runner is the free business formation, just because it is free, does not mean it is well-fitted.