Incfile is a national document filing service company specializing in the formation of business entities.
Founded in 2004, Incfile is a New Mexico LLC that has its corporate headquarters based in Houston, Texas. Since launching its own LLC, Incfile.com has assisted in the formation of nearly 1 million Corporations and LLCs in ths US.
Incfile's simple, fast online order form can have you on your way to being incorporated within 5 minutes if you really know what you're doing. So if you're wondering: "what does Incfile do for you?" It's simple! Incfile empowers individuals to launch their ventures with a range of collaborative services. Leveraging their unique filing system, initiating LLCs, C-corporations, and nonprofits becomes a seamless endeavor in just a few steps.
Incfile's Company Name Reflects Its Mission
Incfile came up with its company name by combining the words "incorporate" and "file." Thus, combining inc file to create the name. The LLC name reflects the company's mission to help businesses incorporate and file the necessary paperwork.
The name "Incfile" is also easy to remember and pronounce, just like the web address of incfile.com, which is important for any brand name. The name is also unique, which helps to distinguish the company from its competitors.
Here are some other interesting facts about the name Incfile:
Incfile LLC just happened to be available when registering with the New Mexico SoS.
The corporate website, incfile.com, was registered in 2005, shortly after the company was incorporated.
The name "Incfile" was chosen by the company's founders, who wanted a name that reflected the company's mission to help businesses incorporate and file the necessary paperwork.
The name "Incfile" is easy to remember and pronounce, which is important for a brand name.
The name "Incfile" is unique, which helps to distinguish the company from its competitors.
The name "Incfile" has been registered as a trademark by the company.
I had a great experience with Incfile. The customer service was excellent and they were very helpful in answering all of my questions.
How Incfile Works
Incfile streamlines the entrepreneurial journey by offering a myriad of collaborative business services tailored to aid aspiring business owners. Their specialized business filing system ensures that registering LLCs, C-corporations, and nonprofits becomes a breeze with just a handful of steps. They present cost-effective pricing models, starting as low as $0 (exclusive of state filing fees), catering to startups eager to find their footing.
Beyond mere business registration, Incfile extends its hand with continued assistance, encompassing services like banking and bookkeeping, positioning itself as a comprehensive hub for nascent entrepreneurs. They manage an array of tasks, from confirming company name availability to drafting and submitting essential paperwork, complemented by enduring company notifications. Moreover, clientele benefit from complimentary business tax guidance and enduring client assistance.
Commonly Asked Questions About Incfile's Service
Here are some of the most common questions that people ask about Incfile:
How much does it cost to incorporate with Incfile?
What services does Incfile offer?
What is the difference between Incfile and other incorporation services?
How long does it take to incorporate with Incfile?
What are the benefits of incorporating with Incfile?
What are the drawbacks of incorporating with Incfile?
Is Incfile a good company to incorporate with?
Here are some additional questions that people may ask about Incfile:
Incfile offers a variety of business formation services, including LLCs, S Corps, C Corps, and nonprofits. They also offer a free business formation service, which means you only pay the state filing fees. Incfile's business formation services include:
Filing your business formation documents with the state
Generating your business formation documents
Providing you with a Certificate of Formation or Incorporation
Providing you with a registered agent for the first year
Helping you choose a business name
Helping you set up your business bank account
Helping you get an EIN
Registered Agent Services for New LLCs
A registered agent is a person or business that receives official documents from the government on behalf of your LLC or corporation. Incfile offers registered agent services in all 50 states. Their registered agent services include:* Receiving official documents from the government* Scanning and forwarding documents to you* Providing you with a physical address for your business* Keeping you informed of important deadlines
Incfile's business formation and registered agent services are a great way to start your business. They are affordable, easy to use, and offer a variety of features.
Here are some additional benefits of using Incfile's business formation and registered agent services:
Peace of mind: Knowing that your important business documents are being handled by a professional registered agent can give you peace of mind.
Convenience: Incfile's online platform makes it easy to form your business and manage your registered agent.
Cost-effectiveness: Incfile's business formation and registered agent services are very affordable.
If you are looking for a reliable and affordable way to form your business and get a registered agent, Incfile is a great option.
Incfile's Pricing and Packages For New Businesses
Incfile offers different pricing packages for business formation and registered agent services. The pricing range depends on the type of business entity you want to form, the state you want to form it in, and the features you want to include.
Here is a breakdown of the pricing packages for Incfile:
Free Business Formation: This package is free, but you only pay the state filing fees. This package includes the following features:
Filing your business formation documents with the state
Generating your business formation documents
Providing you with a Certificate of Formation or Incorporation
Providing you with a registered agent for the first year
Starter Package: This package costs $99 + state filing fees. This package includes the following features:
Everything in the Free Business Formation package
Business bank account opening assistance
Business name reservation
Premium Package: This package costs $299 + state filing fees. This package includes the following features:
Everything in the Starter Package
Business website creation
Ongoing compliance assistance
In addition to these packages, Incfile also offers a variety of add-on services, such as:
Registered Agent: Incfile's registered agent service costs $119 per year. This service includes receiving official documents from the government, scanning and forwarding documents to you, providing you with a physical address for your business, and keeping you informed of important deadlines.
EIN: Incfile's EIN filing service costs $49. This service includes filing your EIN with the IRS and providing you with your EIN.
Business Bank Account Opening Assistance: Incfile's business bank account opening assistance service costs $99. This service includes helping you choose a bank, opening your bank account, and depositing your initial funds.
Business Name Reservation: Incfile's business name reservation service costs $49. This service includes reserving your business name with the state for 120 days.
IncFile Discount Programs - Cheap LLC Filings
Incfile does not offer discounts in the traditional sense. They do not have coupon codes or promo codes that you can enter to get a discount. However, they do offer a free business formation service, which means you only pay the state filing fees. This is the lowest-priced package in the industry.
In addition, Incfile occasionally offers discounts through partnerships with other companies. For example, they have partnered with Bank of America to offer a $500 bonus to new customers who open a business checking account with Bank of America.
If you are looking for a discount on Incfile's services, you can check their website regularly to see if they are offering any promotions. You can also sign up for their email list to be notified of any upcoming discounts.
Here are some other ways to get a discount on Incfile's services:
Referral program: Incfile offers a referral program that allows you to earn a $50 credit for each friend or family member who signs up for their services using your referral link.
Student discount: Incfile offers a student discount for students who are enrolled full-time in a college or university.
Nonprofit discount: Incfile offers a nonprofit discount for organizations that are classified as a 501(c)(3) nonprofit.
IncFile Nonprofit Business Formation Services
Incfile does help with the formation of nonprofits. Incfile's free nonprofit formation service includes filing the necessary paperwork with the state to form your nonprofit, providing you with a registered agent, and offering ongoing support.
Many nonprofit organizations have reported excellent customer service experiences from Incfile's formation service, and many choose to utilize premium packages that include additional services such as EIN filing, S-Corp election, and mail forwarding.
Here is a breakdown of the services that Incfile offers for nonprofit formation:
Free Nonprofit Formation: Incfile's free nonprofit formation service includes filing the necessary paperwork with the state to form your nonprofit, providing you with a registered agent, and offering ongoing support.
EIN Filing: Incfile can help you file for an Employer Identification Number (EIN), which is a tax identification number that is required for all businesses, including nonprofits.
S-Corp Election: If you are forming a nonprofit that will be earning profits, you may want to consider electing S-Corp status. S-Corp status can provide your nonprofit with certain tax benefits.
Mail Forwarding: Incfile can help you set up mail forwarding for your nonprofit, so that you can receive mail at a physical address even if you do not have a physical office.
Securing Your LLC Name With Incfile's Help
Incfile can help people secure LLC names. They offer a business name reservation service that allows you to reserve your desired business name with the state for 120 days. This gives you time to file your LLC formation documents and ensure that your desired name is available.
To reserve a business name with Incfile, you will need to provide the following information:
Your desired business name
The state in which you want to form your LLC
Your contact information
Once you have provided this information, Incfile will check to see if your desired business name is available. If it is, they will reserve the name for you for 120 days.
The cost of reserving a business name with Incfile is $49. This fee is in addition to the state filing fees that you will need to pay to form your LLC.
If you are not sure what business name to choose, Incfile also offers a business name generator that can help you come up with ideas. The business name generator will suggest business names based on your industry, keywords, and other criteria.
To use the business name generator, you will need to provide the following information:
Keywords that describe your business
The number of words you want in your business name
Once you have provided this information, the business name generator will generate a list of suggested business names. You can then choose a name that you like and reserve it with Incfile.
How To Transfer LLC Ownership
If your business has been wildly successful, perhaps it is time to sell it for a healthy return on investment. Or perhaps the business has been running smoothly, but it's time to retire and you want to transfer the LLC so that you can retire. Whatever your reason may be, transferring ownership of an LLC involves a series of procedural and legal steps. If you used Incfile to form your LLC, they can assist you in some aspects of the process, but the specifics of transferring ownership largely depend on your LLC's Operating Agreement and the regulations of the state where your LLC is registered. Here's a general guideline to transfer LLC ownership and how Incfile might play a role:
Review Your Operating Agreement: This document typically outlines the process for adding or removing members, transferring ownership interests, or changing the ownership percentages. If you have an Operating Agreement in place, follow the procedures listed therein.
Obtain Member Consent: Usually, a change in ownership or a transfer of a member's interest requires the consent of other members, especially if it wasn't previously detailed in the Operating Agreement. This might be a majority vote or a unanimous decision, depending on the stipulations of the agreement.
Document the Transfer: Even if not required by the state, it's good practice to draft and sign a membership interest purchase agreement or similar document detailing the terms of the transfer. This provides clarity and can help avoid potential disputes down the road.
Update the LLC's Records: Reflect the change in the LLC's internal records. This typically includes updating the member ledger and minutes of member meetings.
File with the State (if required):
Some states require you to inform them of changes in LLC membership. This could involve filing an amended Articles of Organization or another appropriate form.
You'll also typically need to update the LLC's annual report or statement of information (the names of these documents can vary by state) to reflect the ownership change.
Incfile can assist with these filings, as they offer services to file necessary amendments or reports with the state.
Update Other Agencies & Entities:
If your LLC has licenses, permits, or other registrations, make sure you update these entities about the change in ownership.
Also, consult with a tax advisor to determine if there are any tax implications or notifications needed for state or federal tax agencies.
Consider Operational Changes: With a change in ownership, you might also need to revisit and potentially update other aspects of the business, like the business bank account, credit agreements, leases, and vendor contracts.
How to Dissolve An LLC with Incfile
What if I need to dissolve an LLC? Whatever your reason for LLC dissolution might be, dissolving an LLC through Incfile involves a structured procedure to ensure all necessary steps are correctly taken, both with the service provider (Incfile) and with the state where your LLC is registered. Here's a step-by-step guide on how to dissolve an LLC using Incfile:
Decision to Dissolve: Before initiating the dissolution process, all members (owners) of the LLC must agree to dissolve the entity. This agreement is typically documented in the form of a resolution. Depending on the operating agreement of your LLC, the dissolution may require a majority vote or a unanimous decision.
Check with Incfile: Incfile provides services for filing the dissolution of an LLC. You can order their "Dissolution Service" to get started. By doing so, Incfile can help ensure that you submit the correct paperwork to the state.
Fulfill State Requirements:
Taxes & Liabilities: Before a state allows you to dissolve an LLC, you often need to ensure all state taxes and outstanding liabilities are settled. This might include sales taxes, employment taxes, or other business fees.
File Articles of Dissolution: To officially dissolve your LLC, you need to file "Articles of Dissolution" (or a similarly named document, depending on the state) with the state's business registration office. If you're using Incfile's dissolution service, they will prepare and submit this document on your behalf.
Close Out Business Affairs:
Notify Creditors & Settle Debts: It's essential to notify all creditors about the dissolution so they can submit claims. Make sure to settle all outstanding debts or make arrangements to do so.
Distribute Remaining Assets: After settling debts, distribute the remaining assets of the LLC to its members based on their ownership percentages or as outlined in the LLC's operating agreement.
Cancel Permits, Licenses, & EIN:
If your LLC has any licenses or permits, ensure they're appropriately canceled so you don't incur unnecessary fees.
While the IRS doesn't allow you to "cancel" an EIN, once you dissolve the LLC, that EIN cannot be used for another business entity. However, it's good practice to inform the IRS that you are no longer in business by filing a final tax return.
Maintain Records: Even after dissolving the LLC, maintain all business records (like meeting minutes, financial statements, tax filings, etc.) for several years in case of future disputes or potential audits.
Stay Informed: Laws and requirements can vary from state to state and may change over time. While Incfile will provide guidance based on current regulations, it's always a good idea to stay informed about any changes or state-specific requirements by checking with the state's business registration office or consulting legal counsel.
Does Incfile Help Me With Paying Franchise Taxes
The process of paying a franchise tax varies depending on the state in which your business is located. However, in general, you can pay your franchise tax by:
Mailing a check or money order to the state tax agency.
Paying online through the state tax agency's website.
Paying by phone through the state tax agency's customer service line.
To find out how to pay your franchise tax in your state, you can visit the website of the state tax agency or contact the agency's customer service line.
Incfile does not currently help businesses pay their franchise taxes. However, they do offer a variety of other services that can help businesses stay compliant with state and federal regulations, including filing annual reports and providing registered agent services.
Overall, Incfile is a legitimate and trustworthy company that can help you form your business quickly and easily. However, it is important to do your research and compare different options before making a decision.
Difference Between Incfile and Other Incorporation Services
Incfile and other incorporation services offer a variety of services to help businesses get started, and while some may be very similar, they are not all the same. Some of those services include:
Filing paperwork: Incfile and other incorporation services will file the necessary paperwork with the state to form your business.
Providing a registered agent: A registered agent is a person or business that accepts legal documents on behalf of your business. Incfile and other incorporation services will provide you with a registered agent service.
Offering ongoing support: Incfile and other incorporation services will offer you ongoing support, such as answering questions and providing assistance with compliance.
However, there are some key differences between Incfile and other incorporation services. These differences include:
Pricing: Incfile is one of the most affordable incorporation services on the market. They offer a free LLC formation service, and their premium packages are very competitively priced. Other incorporation services may charge more for their services.
Services: Incfile offers a wider range of services than some other incorporation services. For example, Incfile offers EIN filing, S-Corp election, and mail forwarding services. Other incorporation services may not offer these services.
Customer support: Incfile has a good reputation for customer support. They offer 24/7 customer support, and their customer support team is known for being knowledgeable and helpful. Other incorporation services may not have as good of a reputation for customer support.
Ultimately, the best incorporation service for you will depend on your individual needs and budget. If you are looking for an affordable incorporation service with a wide range of services and good customer support, then Incfile is a good option. However, if you are looking for a more comprehensive incorporation service, then you may want to consider other options.
Overall, Incfile is a reliable and trustworthy company that can help you form your business quickly and easily. If you are looking for a business formation service, Incfile is a good option to consider.
Here are some of the pros and cons of using Incfile:
Wide range of services
Good customer satisfaction rating
Free plan available
Some customers have reported long wait times for customer support
The free plan does not include some important services, such as registered agent service
What the Better Business Bureau Says About Incfile
It is no surprise that Incfile has an A+ rating with the Better Business Bureau (BBB). They have been accredited by the BBB since 2005 and have a total of 1,300+ customer reviews, with an average rating of 4.78 out of 5 stars.
The BBB website lists 30 complaints against Incfile in the past 3 years, which is very low for a company with such a high volume of customers. The majority of these complaints were about customer service, with some customers reporting that they had difficulty reaching Incfile's customer support team or that they were not satisfied with the level of service they received.
However, Incfile has responded to all of the complaints on the BBB website and has taken steps to address the concerns of their customers. For example, Incfile has implemented a new customer support system that is designed to make it easier for customers to reach their customer support team.
Overall, the BBB rating for Incfile is positive. However, it is important to note that the BBB rating is based on a limited number of customer reviews. If you are considering using Incfile, you should do your own research to see if they are a good fit for your business.
Here are some of the pros and cons of Incfile according to the BBB report:
Affordable: Incfile is one of the most affordable incorporation services on the market.
Wide range of services: Incfile offers a wide range of services, including filing paperwork, providing a registered agent, and offering ongoing support.
Good customer support: Incfile has a good reputation for customer support.
Some customer service complaints: Some customers have complained about the level of customer service they received from Incfile.
Some errors in paperwork: Some customers have reported that Incfile made errors in their paperwork.
Customer wait times: Some customer have complained about long wait times when trying to reach Incfile's customer support team.
Incfile Customer Service and Incfile Reviews
Incfile has a good reputation for customer service, with an average rating of 4.5 out of 5 stars on Trustpilot, based on over 13,000 reviews. The reviews are generally positive, with many customers praising Incfile's affordable prices, wide range of services, and good customer support.
However, there are also some negative reviews, with some customers complaining about the level of customer service they received, errors in paperwork, and long wait times.
Overall, the reviews on Trustpilot are very positive, which is in alignment with most of the business review platforms, but there are some negative reviews that should be considered before choosing Incfile.
Here are some of the customer service reviews for Incfile:
"I had a great experience with Incfile. The customer service was excellent and they were very helpful in answering all of my questions. I would definitely recommend them to anyone looking to form an LLC."
"I was very impressed with Incfile's customer service. They were always responsive to my emails and calls, and they were very helpful in guiding me through the process of forming my LLC. I would definitely recommend them to anyone looking for a business formation service."
"I had a great experience with Incfile. The process of forming my LLC was very easy and straightforward, and the customer service was excellent. I would definitely recommend them to anyone looking to form an LLC."
Here are some of the specific things that customers have praised about Incfile's customer service:
Responsiveness: Customers have said that Incfile's customer service team is always quick to respond to emails and phone calls.
Knowledgeable: Customers have said that the customer service representatives are knowledgeable about the business formation process and can answer any questions that they have.
Helpful:Incfile reviews indicate that the customer service representatives are helpful and go out of their way to make sure that customers are satisfied with their services.
Overall, Incfile has a good reputation for customer service. If you are looking for a business formation service with good customer service, Incfile is a very good option.
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