If you’re a business owner, Incfile can help you form an LLC or other type of entity. You can also get an employee identification number (EIN) and make amendments to your company’s filings.
Incfile offers three packages – the silver, gold and platinum – which vary in price and features. However, all packages come with free registered agent service for the first year.
Forming an LLC
Founded in 2004, Incfile is a Houston, Texas-based company that has helped over 75,000 businesses incorporate. Its streamlined business formation options include LLC formation, as well as C corporation, S corporation, and nonprofit entity registration.
Forming an LLC involves preparing and filing Articles of Organization, which outline the business’s operation and management structure. It also includes a description of how profits will be distributed among owners based on an operating agreement.
Once your LLC has been formed, you must find a registered agent in each state where the business operates. This person accepts service of process and receives mail on your behalf, ensuring that your business’s legal standing is secure.
When you sign up for an LLC with Incfile, you’ll get a free year of Registered Agent service. However, you’ll need to pay for this service if you want to use it more than once in the first year.
Forming an S Corp
Forming an S Corp is a popular option for small business owners who want to avoid double taxation. S Corps are taxed as pass-through entities, which means their profits and losses flow directly to their shareholders. This tax treatment can help save owners on their overall tax liability and simplify the process of filing their taxes.
However, S Corporations also have certain limitations, such as a limited number of shareholders and a requirement that all shareholders be U.S. citizens or resident aliens.
For some business owners, this can be a turnoff. In these cases, forming an LLC may be a better choice.
Besides offering liability protection, S Corporations can also issue stock and transfer ownership. These features make them attractive to small business owners who are looking to build credibility with customers and suppliers. They can also be used to scale and grow a company.
Forming a Corporation
If you’re a small business owner, Incfile can help you incorporate your company. They offer a range of services at an affordable price, including free filings for all types of businesses.
They also offer a variety of helpful resources, like a DIY email course, a business startup guide and state guides. In addition, they provide a range of business forms and licenses.
You can choose the package that best suits your needs. Their Silver package includes a year of registered agent service for $0 (not counting state fees), which is an incredible deal.
The service is quick and easy, with no surprises. In addition, Incfile offers next-business-day processing on all orders, no matter which package you choose.
In addition, you can opt to have Incfile file for your EIN and set up your business bank account for you. This can save you a lot of time and hassle. Plus, they have lifetime customer support to answer your questions and help you get started with the right type of business structure for your specific situation.