Creating a limited liability corporation (LLC) may be a thrilling endeavor since it gives you the chance to pursue business objectives while getting liability protection for yourself. Due to the adaptable structure it provides, combining liability protection with pass-through taxes, forming a Limited Liability Company (LLC) in Arizona has grown in popularity among company owners and entrepreneurs. Inc Authority and LegalZoom are two well-known choices when deciding how to create an LLC. Both of these businesses aid in completing the paperwork required to form an LLC in Arizona, but they vary in a number of ways, including cost, services provided, and client satisfaction. This article compares Inc Authority and LegalZoom, two well-known online firms that help with LLC creation, with an emphasis on their offerings and costs in relation to incorporating an LLC in Arizona.
The Value of Using a Reliable LLC Formation Service
One of the most important procedures in creating an LLC is submitting the required papers to the state authorities. This procedure requires the submission of papers, fees, and legal documents. Although it is feasible to submit these papers individually, owing to their ease and proficiency in navigating the complicated legal environment, many business owners seek help from online platforms. Inc Authority and LegalZoom are two examples of such platforms.
Formation of an LLC
Let's quickly go through the procedure for creating an LLC in Arizona before getting into the comparison. Selecting a company name, appointing a registered agent, submitting articles of organization to the Arizona Corporation Commission (ACC), drafting an operating agreement, and acquiring any required licenses or permissions are all processes in the formation of an LLC. By providing a range of services catered to the requirements of business owners, Inc Authority and LegalZoom both seek to streamline this procedure.
LegalZoom vs. Inc Authority
Are you prepared to form your own LLC but need assistance comprehending the paperwork filing process and state-specific documentation requirements? Inc Authority and LegalZoom are only two of the recognized internet businesses that provide inexpensive LLC creation services. It might be difficult to determine which service is ideal for you, however. You'll find all the details you want, such as details on cost, features, and customer service, in our LegalZoom vs Inc Authority comparison.
Pricing
One of the few businesses that provides a free LLC creation bundle is Inc Authority. You simply need to pay the filing costs required by your state; the company's basic package is free. Although the base package is free, there are several extras available if you want a more personalized experience. For an additional fee, you may add services like a custom operating agreement and a domain name. Depending on the services you want, Inc Authority also provides other packages ranging in price from $399 to $799.
The economy package, which is LegalZoom's regular package, costs $79 plus the filing fees charged by your state. For this fee, LegalZoom will create your Articles of Organization, submit your formation paperwork, and deliver your approved documents within six weeks. Two improved packages are available from LegalZoom for $329 and $349, respectively.
Comparing LLC Filing Packages
Package Features
Inc Authority's entry-level package offers free registered agent service for a year as well as a service to file a S company tax election. However, LegalZoom's entry-level plan does not come with a free registered agent service. However, if you wish to create a business checking account, it does come with a banking resolution paperwork.In the year of the free registered agent Inc Authority provides is a very important advantage. All LLCs are required to choose a registered agent to receive legal correspondence on their behalf. Any LegalZoom plan may add a year of registered agent service for around $250.
Expertise in the Industry
Selecting a business with experience and industry knowledge is essential when submitting your LLC formation papers with an internet provider. Since its founding in 1989, Inc Authority has aided in the creation of roughly 150,000 companies and LLCs. On the other hand, since it began in 2001, LegalZoom has assisted more than 2 million business organizations in filing their formation forms. Based on their clientele, LegalZoom has greater experience than Inc Authority.
Consumer Assistance
Inc Authority and LegalZoom both provide extensive customer support options. Customer help is available from LegalZoom in a variety of ways, including chat, phone, and email. It is useful if the business provide longer customer assistance hours on weeknights and weekends. Additionally, Inc Authority provides phone, email, and live chat customer support. However, since weekends aren't available, its hours are less than LegalZoom's. Representatives from Inc Authority are only accessible on weekdays from 11 a.m. to 8 p.m.
Due to its weekend hours, LegalZoom outperforms Inc Authority in terms of customer support. Both businesses, however, have faster response times and often return consumer calls within a few minutes.
Service for Registered Agents
Every state in the U.S. requires LLCs to choose a registered agent—someone or something who consents to accept deliveries and papers on your company's behalf. Documents are received and sent to you on your behalf by a registered agent. While some jurisdictions let an LLC management to act as the company's registered agent, others need a third party.
A free registered agent service is included with each Inc Authority package for a full year. The cost is $99 a year if you decide to keep the service beyond the first year. However, no plan from LegalZoom includes a free registered agent service. The cost to add the service varies per plan and ranges from $249 to $299.
Tracking Orders
On their websites, LegalZoom and Inc Authority both provide comprehensive order tracking capabilities. By entering into your account, you may see the progress of your orders and download any authorized papers. This service is provided gratis by both businesses.
Satisfaction of Online LLC Filing Customers
Customers of Inc Authority are generally happy with the quality of service they get from the business. The vast majority of the company's hundreds of internet reviews are extremely favorable. The majority of consumers like its quick turnaround times and free LLC creation service. Given its substantial client base, LegalZoom has amassed hundreds of positive internet reviews. Although there are more conflicting opinions on LegalZoom, most are favorable. Some clients are dissatisfied because the business does not provide a free basic bundle.
Conclusion
For business owners, establishing an LLC in Arizona is a big step, and picking the best agency to help with the process is as crucial. Both Inc Authority and LegalZoom provide helpful services to speed up the LLC formation process, but there are differences between them in terms of cost, services offered, and client satisfaction. Before making a choice, business owners should carefully consider their requirements, available resources, and ideal quality of service. Entrepreneurs may create an LLC and start their business venture with confidence by investing the time to investigate and contrast these two possibilities.
Source
https://www.llcuniversity.com/incauthority-vs-legalzoom/
https://www.forbes.com/advisor/business/software/legalzoom-llc-review/
https://boostsuite.com/llc/arizona/