Free: $0 + State Filing Fee
In a world of freebies, Inc Authority gives you the gift of not having to pay for your entity formation service. They hope that their generosity will make way into other services they offer like consulting and legal advice to recoup some costs.
Here’s what’s included in the free package offered by IncAuthority:
Business Name Availability Search: IncAuthority will run a search of any organization names with LLC or LCC filings so there will never be duplicate entities within your state borders.
Drafting and filing the paperwork for your new LLC: There’s no need to stress about paperwork and legal documents. They’ll take care of LLC formation documents and file them for you to create a new business entity.
Registered Agent: free for a year, then $99/year
Bank Account Setup (through Bank of America): Partnership with Bank of America makes account setup easy.
EIN Issuance (may be required): Free to IRS but charged by IncAuthority ($49)
S Corporation Tax Election Form: They will file the necessary documents for you if you choose to file your business as an S corp.
Tax Planning Consultation (available through a third-party vendor)
Business Funding Analysis (available through a third-party vendor)
Starter: $399 + State Filing Fee
The Standard package includes everything in the free package, and also offers these features:
LLC Operating Agreement: When you create an LLC, it is best to have your operating agreement. IncAuthority will draft this document for you if you select this package.
Ownership Certificates: Inc Authority provides certificates of membership for each owner of the LLC
Federal Tax ID Number (EIN): Besides the government’s free EIN service, signing up with IncAuthority will also add $49 to your total yearly cost because of their charges. However, if you choose to select any of the premium packages, IncAuthority will provide this service free of charge as well.
Record Book and Company Seal: This package includes a binder and customized seal that replicate the old-fashioned experience of original documents.
One Year Inc Protection Advisor: Advanced support for your business needs including audits, banking, and lawsuits. This is especially useful for those who are just starting up and want a little extra insurance.
Executive: $499 + State Filing Fee
The IncAuthority Executive package includes everything in the starter package, and also offers these features:
Business License Report: IncAuthority provides access to software that is designed for determining what licenses and permits are necessary for your business based on location.
Free Domain: This product includes a free domain for the website of your business.
Tycoon: $799 + State Filing Fee
The IncAuthority Tycoon package includes everything in the Executive package, and also offers these features:
Express Processing: IncAuthority will prioritize you as a customer above other cheaper packages.
BizCredit Express: Package of small business credit building software which allows users to access a variety of resources. BizCredit Express features:
- One-on-one coaching sessions will be provided over 90 days.
- Help you build up your business credit score through different resources.
- A program that walks you through each step of the business credit development process.
- Dun & Bradstreet Credit Bureau Registration