It cannot trade public shares, and there’s a limit to the number of shareholders the company can have. Also known as an S corp, this type of corporation is similar to a C corp — but it dodges some of the double taxation. It’s able to avoid corporate taxes by passing some of its corporate profits and losses through to its shareholders. However, not all states recognize S corps and will treat them like C corps.
Most budget-friendly compliance
I appreciated ZenBusiness’s personalized approach to the sign-up process. For instance, it asked whether I intended to bring normal balance of accounts on employees or if I needed additional support to maintain compliance. The LegalZoom platform has a range of different customer support options. It offers a customer care line open seven days a week during daytime hours and a chat feature.
- Providing access to our independent network of attorneys over 650,000 times.
- In most states, workers’ compensation insurance is required by law if you have employees.
- If you have an issue or any questions, you can get in touch with Filenow’s customer service by phone, email or chat or by completing a contact form on the company’s website.
- In reviewing some of the most popular and reputable LLC services, the best options worth considering are LegalZoom, ZenBusiness, Rocket Lawyer and Bizee.
It also has a frequently asked question section on its Contact Us page. Of course, this is all in addition to the hands-on help you get if you choose the company’s Premium what is accounts payable what is the process and what is included plan. Instead, your income and debts pass through to your personal income taxes.
How To Choose The Right Business Entity For You
Starting with our DIY services doesn’t mean you have to do it all by yourself. Count on our vetted network of attorneys for guidance—no hourly charges, no office visits. A cooperative is owned by its members who are also called user-owners. Elected officials run the cooperative and user-owners have voting rights.
Best for legal documents
Rather than edit an order, I would need to start everything over again. I went through the LLC filing process through the website, and it only took a couple of minutes to submit all the requested information. I appreciated the option to both add and remove registered agent and compliance add-ons; this is useful for anyone who might decide they don’t need them and wish to reduce the upfront cost. BetterLegal offers a single plan option for establishing an LLC or a corporation. As such, the process is simplified and includes everything you need to form a new company. While BetterLegal promises a turnaround of about two days, this refers to its internal process; the company doesn’t have any direct control over when your documents get approved by the state.
Northwest Registered Agent
From company formation to maintaining a registered agent, Business Setup Worldwide provides expert guidance to establish and maintain legal compliance for your business. These services can help ensure your company remains in good standing. Visit our Business Formation resource center to get all your questions answered. Learn how to set up an LLC in your specific state, which legal structure is right for your business, how business formation services work, how do you calculate a company’s equity and more.
Opening an LLC or a corporation legally can be complex and confusing, but we’ve done the research for you. Prices are generally competitive, so in addition to cost you want to look for positive reviews including Trustpilot customer reviews and other customer feedback online. Incfile offers three tiers of service, and pricing varies depending on the state you’re in. The prices here are for forming an LLC in California, and serve only as an example of what you might pay.
Filenow’s LLC packages cover state filings, including electronic filings, as well as name searches and a business bank account. What makes Active Filings stand out to me is its separate packages specifically designed for international entrepreneurs, which are called International Silver and International Gold. Founded by a Spanish speaker, the company also offers all its services and support in a Spanish language option. Like many competitors, the platform aims to be a one-stop-shop of sorts for all things entrepreneurial. Picking your business structure is the first item on your to-do list when starting a business — and one you have to take before you register with the state or get any licenses. Here’s a list of the best business formation service providers we recommend to get you started.