How to Open A Free LLC for Your Business in 3 Steps Using Inc Authority
LLCs protect you from lawsuits and debts. If someone sues you or your business, you're protected from personal liability. This means that if something goes wrong with your business, creditors can't go after your personal assets — like your house or car. LLCs also prevent your income from getting double-taxed.
Inc Authority can help in the process of opening an LLC in just 3 simple steps without going through all the paperwork yourself. But is it legit? And why does it offer its services for FREE? This Inc Authority review will provide you with all the details and more!
How legit is Inc Authority?
Inc authority is a company that provides legal services and tax preparation services for businesses. They also offer free LLCs for their new customers.
The company has won several awards for its customer service and excellence in small business management. Inc Authority also stands out with great reviews on trusted sites such as Trustpilot.
As part of our review process (and to make things much easier on your side) we tested out Inc Authority’s services by setting up an LLC. We found the process straightforward and well-explained – even for someone with no experience in forming an LLC.
The process was simple enough that even someone who has never heard of an LLC could follow it without any trouble. The website provides step-by-step instructions on how to form your business, complete with links to relevant forms, which are also available online if you want to fill them out yourself instead of having Inc Authority do it for you (which is free).
The platform also provides support – The support staff at Inc Authority was very helpful when we had questions or concerns about our account. They responded quickly, often providing answers within minutes.
We were happy with the quality of the information provided during the signup process and throughout the rest of our interaction with Inc Authority. The website is easy to navigate, and there are plenty of helpful resources for people who want to learn more about starting a business!
One thing that could be improved upon is making sure that all of the information on various pages is up-to-date. For example, there are some pages where it's clear that they haven't been updated in years (e.g., some of the articles).
Here are the pros and cons to consider before you open a free LLC with Inc Authority:
Can You Really Open A FREE LLC with Inc Authority?
The free LLC is part of their marketing strategy. They want to earn your trust so that when you come back, it will be for more than just the free stuff. Their goal is to make sure that you become a loyal customer for life, so they're willing to give away some things up front in order to get the sale later on.
This is a smart move on their part and it's why they are still around while other companies have gone out of business or been sold several times over.
Inc Authority is the only service that offers free LLC formation in all 50 states. However, you do have to pay the state filing fee for your LLC. This fee is mandatory whether you use Inc Authority to help you open a free LLC or whether you decide to form the LLC yourself.
This fee varies from state to state and can cost you around $40 to $500. It is very important to open your LLC in the state where your business is located. According to Inc Authority this fee can be included in your write-offs when filing your taxes. So, that means that they may be tax deductible.
Other state fees that you might need to pay for starting an LLC are:
Business license or permit fees (this depends on the type of business you have)
Publication fees in New York, Arizona and Nebraska
LLC name reservation fees (if you are located in Alabama)
Inc Authority helps you if you have any questions about paying state fees. You can reach out to them via email or call them directly during working hours.
Another reason why Inc Authority offers a free LLC setup is because they want to be able to build up their reputation as a company that really does what it says it will do. They want to be able to provide a low-cost alternative for people who need legal help with their businesses and personal matters without having to pay an arm and a leg for it.
The company's other paid packages include the following:
Basic Package: $399
This package includes filing all necessary documents with the state and preparing bylaws and minutes for your new LLC or Corporation
Standard Package: $499
Includes all the services of the basic package and also includes Business License Search.
Premium Package: $799
Includes all the services of the basic and standard package and also includes Expedited (next business day) Filing.
How To Open An LLC With Inc Authority in 3 Simple Steps?
The signup process for Inc Authority was smooth. Once you submit your information, the company will get back to you within 24 hours. If they don't, you can start a chat session with one of their customer service representatives on the website or through email. Here is how to open your free LLC in 3 easy steps:
1. Choose Your LLC Name
For your LLC name, you'll need to choose a name that's unique from others in your state and country.
2. Open an Account with Inc Authority
To open an account with Inc Authority, simply click
"Open Account" and follow the steps. You'll need to provide Inc Authority with your legal business name, as well as your personal information (name, address, email address and phone number). You'll also need to verify your identity by uploading your government-issued photo ID (such as your driver's license or passport).
3. Complete Your LLC Application
Once your account is open, you're ready to complete your
LLC application form. You can do this online. Just be sure that everything they need from you is included in your application packet.
Final Thoughts
For those who want to start a business using a limited liability company structure, Inc Authority is a must-have resource. When you establish an LLC with Inc Authority, they provide you with the LLC documents that can be used by you in your state.
They will also register the newly formed LLC on your behalf, which makes it very easy for anyone to do business and incorporate an LLC without worrying about registering it first.
GET STARTED!
-Sindy Hoxha
A Tabellari.com Contributor