IncFile Review (2023 Updated) My Personal Report

IncFile has been a big name in the formation industry for almost twenty years. We wanted to see firsthand if their reputation would meet our expectations, so we took a closer look at their cost, benefits, pros, cons, and more while also comparing them to other business formation services.

Here’s an honest IncFile review before you decide if they’re worth hiring.

What Is IncFile?

IncFile is a low-cost LLC service that has over 500,000 customers. IncFile was founded in 2004, and today, they handle LLC formation, compliance, and filing by using advanced technology to simplify the business formation process.

IncFile doesn’t charge anything for its basic package but offers several packages. They can help with business accounting services, forming a business bank account, business tax consultation, and more.

IncFile has consistently evolved to adopt the most recent technologies to simplify and digitize the LLC formation process.

Service Features and Prices

• Silver LLC Formation Package ($0 Plus State Fees): Includes an unlimited LLC name availability search, filing the Articles of Organization, free registered agent service, and a Statement of Organizer. 
• Gold LLC Formation Package ($199 Plus State Fees): The Gold package includes everything from the previous package and an EIN, an operating agreement, unlimited phone support, a business tax consultation, and business bank accounts.
• Platinum LLC Formation Package ($299 Plus State Fees): The Platinum package includes everything from the previous two packages and business contract templates, expedited filing services, a business domain name, and a business email.

• C-Corp Formation $0 + state fees
• S-Corp Formation $0 + state fees
• Nonprofit Formation $0 + state fees
• Company Name Change $99 + state fees
• Amendment $99 + state fees
• S-corp Tax Election $50
• Annual Report $99
• EIN Services $70
• Virtual Address $29/month
• Certificate of Good Standing $49 + state fees
• Foreign Qualification $149 + state fees 
• DBA Name $25 - $100
• Change of Registered Agent $49 + state fees
• Business License $99
• Trademark Registration $199 + state fees
• Company Dissolution $149 + state fees

Benefits

Here are the benefits you can expect from working with IncFile.

1. Budget Friendly

With plans starting at $0, IncFile pricing is one of the most budget-friendly services to form an LLC.

They also have reasonable prices on other essential services like their registered agent service, free for the first year.

In our opinion, you can’t get much more budget-friendly than free. Of course, you must pay the state filing fee, which varies based on the state.

2. Fast Turnaround Time

No matter which package you choose, your business documents are typically sent to the state within one business day, and you don’t have to pay extra.

Their website also offers a tool that shows how long states take to process your application, so you know how long to expect. The tool also provides the price of expedited filing for each state [1].

We found the one-business-day turnaround to be accurate.

3. Online Access Dashboard

There are a lot of formation documents to file with different agencies that all have different timelines. All these documents can be a lot to keep track of for anyone.

IncFile offers online document access through their online dashboard that gives you information on order statuses and deadlines and stores submitted documents.

Their dashboard also sends text and email notifications with order updates and lifetime company alerts for compliance.

We found this online dashboard invaluable in the LLC process.

4. Ease Of Use

IncFile has an easy interface that most users find simple. Their free LLC business formation service takes only a few minutes with basic information about your business. IncFile’s website populates prices based on the state you are filing in.

Ordering additional services is also relatively easy, and IncFile provides write-ups to explain all of these services and their benefits.

We found that the LLC process and website were simple and straightforward.

5. Free Resources and Tools

IncFile also offers lots of useful free tools for small business owners, including a business entity quiz, state guides, a sales tax calculator, an S corporation calculator, an annual report due date calculator, a payroll tax calculator, a free tax consultation, and a guide on how to start a business.

In our opinion, these free tools are a great added benefit to the services that IncFile offers.

6. Experience

IncFile has helped to form over 800,000 businesses with their LLC services. Rest assured that they know what they are doing.

Their experienced customer support staff knows how to answer your questions and take you through the LLC formation process step by step.

Downsides

The only downside to IncFile is that a $0 package means more upsells. Of course, you don’t have to take advantage of these upsells if you don’t need them for your business.

Who Should Hire IncFile?

New business owners who are looking for a budget-friendly option to form an LLC should hire IncFile.

If you want to create an LLC and don’t need all the bells and whistles, IncFile’s silver package is ideal.

IncFile is excellent for a business of any size, mainly because they offer a year of premium registered agent service for free.

Their other packages are also reasonably affordable for the features that are offered.

IncFile Customer Testimonials

“The experience was effortless and straightforward. I've yet to receive my LLC via email, as I filed about 30 seconds ago. But assuming that it actually comes, I'd recommend this site to anyone.”
- Ray Barham, Trustpilot

“I love how quick IncFile’s response was. I wasn’t on hold for more than 3 minutes. I immediately spoke to a great representative named Cassandra C, and with her great experience should found what I needed in less than a minute. Thanks, IncFile. Highly recommend”
- Deighton M, Better Business Bureau

“IncFile filing for my LLC was fast and easy. I had many technical issues with my email, but their rep Peter P was outstanding. He was with me every step to resolve everything. He knew every answer, set me up on the back end for a few things I tried, and was always so patient and quick to answer. Peter made my experience great. Thank you so much for getting me all set up!”
- Jillian G, Better Business Bureau

“The process of creating my LLC with IncFile was very easy. They took me to step by step through from start to finish, and I was even given an opportunity to review my order and place my order on hold before it was filed with the state. This was a much-needed opportunity. I would not hesitate to use them again.”
- Michael Baity, Trustpilot

IncFile Alternatives

Here’s how IncFile compares to some of its competitors.

1. ZenBusiness

If you’re looking into business entity creation, both IncFile and ZenBusiness can help you form your future business for a meager cost and fast turnaround.

ZenBusiness has some of the best prices in the industry, but IncFile is known for its free services.

Compared to ZenBusiness, IncFile has a more significant amount of experience in the industry.

IncFile’s website and checkout process are also a bit more user-friendly and less confusing than ZenBusiness’s website.

2. Northwest Registered Agent

Northwest and IncFile are both easy ways to form an LLC. IncFile’s services are an automatic win over Northwest with their $0 pricing.

IncFile’s features and Northwest’s features are comparable, however. IncFile has more reviews than Northwest at around 10,000, most of which are positive.

Between the two, IncFile’s fee for renewing the registered agent after the first year is lower than Northwest’s fee.

Onboarding for IncFile customers is simple to complete, and the packages are listed. Onboarding for Northwest is a little more difficult as they make you go through many services in a list which can be overwhelming.

3. Rocket Lawyer

Although both Rocket Lawyer and IncFile have excellent reputations for service, there are some significant differences between the two.

Rocket Lawyer is a legal services website that doesn’t offer packages but an a la carte menu, which can get expensive quickly.

Rocket Lawyer charges $99 plus the state fee to form an LLC, so when you compare the two, IncFile can save you some serious cash.

Also, when you compare the LLC packages, Rocket Lawyer's core services are fundamental for an LLC package.

You also have to pay extra for registered agent service for Rocket Lawyer, and the free service is included in IncFile’s packages for the first year.

FAQs

Should You Hire IncFile?

Starting a new business venture without knowing the LLC formation process can be overwhelming. Outsourcing the formation of your limited liability company can provide you with expert knowledge of the process.

Based on our experience, IncFile seems like a perfect fit for any type of business you need to form. IncFile provides the most cost-effective service for forming limited liability companies through their online dashboard, easy-to-use website, simple and quick ordering process, and customer support.

Their prices are truly unmatched, and the features offered for the price make them one of the best LLC services on the market for any budget.