Starting a business is a monumental task, and one of the first steps in the process is choosing the right service provider to help navigate the legalities of business formation. With the rise of online business formation services, it’s easier than ever to get your business off the ground. However, finding a reliable service that offers excellent customer support, transparent pricing, and a seamless process can still be challenging. This is where BizFilings comes into play.
In this review, we’ll take an in-depth look at BizFilings, analyzing its core services, pricing plans, customer support, user experience, and more. We’ll also highlight some of the pros and cons that we encountered during our research, along with a final verdict to help you decide if BizFilings is the right choice for your business needs.
Quick Summary
BizFilings is an online service provider specializing in business formation, including LLC and corporation filings, registered agent services, and ongoing compliance management. It has been around for more than two decades, providing a wide range of services to entrepreneurs looking to establish their businesses quickly and efficiently.
BizFilings is a solid choice for business owners who want a straightforward, reliable service that helps navigate the complexities of business formation. Its prices are reasonable, customer service is responsive, and the user experience is largely hassle-free. However, there are a few drawbacks to be aware of, particularly around the free registered agent service and potential processing delays.
Key Service Highlights:
- Business Formation Services: Includes LLC formation, corporation setup, and non-profit filings.
- Registered Agent Services: Free for the first three months and then billed annually.
- Compliance Management Tools: Access to BizComply, a service that helps businesses stay on top of compliance requirements.
- Customer Support: Available via phone, email, and live chat during business hours.
- Pricing Transparency: Clear pricing structure with no hidden fees.
Pros & Cons
Pros:
- Transparent pricing without hidden fees.
- Free registered agent service for the first three months.
- Comprehensive compliance tools with BizComply.
- Responsive customer support.
Cons:
- Registered agent services become paid after the first three months.
- Some reports of delays in processing times.
- Limited customer reviews compared to other competitors like LegalZoom and ZenBusiness.
BizFilings Pricing & Packages
BizFilings offers several pricing plans, with each package tailored to the specific needs of business owners. The pricing is competitive, with options ranging from basic packages to more comprehensive services. Here’s a breakdown of what each package offers:
Plan Options:
1. Basic Package ($99 + State Fees):
- Name availability search.
- Preparation and filing of formation documents.
- Access to BizComply for compliance tracking.
- This is a great option for entrepreneurs who need the basic essentials without any frills.
2. Standard Package ($229 + State Fees):
- Includes everything from the Basic package.
- Customizable operating agreement.
- LLC kit and seal.
- This package is ideal for those who want added peace of mind with extra documentation and protection.
3. Complete Package ($359 + State Fees):
- Includes everything from the Standard package.
- Employer Identification Number (EIN).
- Compliance DVD with helpful information.
- Best suited for those who want the complete package with all necessary tools for setting up a business.
Registered Agent Services:
BizFilings includes a free registered agent service for the first three months with any of the formation packages. After the initial period, the service is billed annually:
- 1 Year: $220
- 2 Years: $370
- 3 Years: $489
This is a standard price for registered agent services, which act as the business’s legal representative to receive documents like tax notifications and lawsuits. BizFilings offers a user-friendly platform for managing your registered agent service and keeping track of legal documents.
BizFilings Alternatives
While BizFilings offers solid services, it’s important to consider alternatives to ensure you’re making the best choice for your business. Below are some of the main competitors in the space:
LegalZoom:
LegalZoom is one of the most well-known names in business formation services. It offers a wide range of legal services, from LLC formations to intellectual property protection. However, its pricing is on the higher end, and some of its services may be better suited for larger businesses or individuals who need extensive legal assistance.
IncFile:
IncFile is another popular option, offering free business formation services with the caveat that you must pay state fees. IncFile’s free package also includes one year of free registered agent services, which is a significant benefit if you’re trying to save money during the first year of your business.
ZenBusiness:
ZenBusiness offers affordable pricing options and excellent customer service. Their packages are competitive, and they offer a great combination of business formation, registered agent services, and compliance tools. ZenBusiness is a solid alternative to BizFilings, especially if you value great customer support and easy-to-use online tools.
Each of these services has its own strengths and pricing structures, so it’s important to assess your specific business needs before making a final decision.
BizFilings User Experience & Filing Process
Website & Mobile Experience
BizFilings’ website is sleek, user-friendly, and easy to navigate. The process of setting up an LLC or corporation is clearly outlined, and the site offers step-by-step guidance. While there is no dedicated mobile app, the mobile version of the website is responsive and offers a seamless experience on smartphones and tablets.
Navigating the site is straightforward, and users can easily find the information they need. Whether you’re looking for pricing details or have a question about the formation process, the site makes it easy to access the information you need.
Filing Process
The filing process with BizFilings is quick and simple, making it ideal for entrepreneurs who want to set up their businesses without complications. Here’s how the process typically works:
- Choose a Package: Select the formation package that best suits your needs.
- Enter Business Information: Provide the necessary details about your business, including the name, address, and details of your registered agent.
- Review and Pay: Review the information you’ve entered and make the required payment.
- Processing: BizFilings prepares and files your documents with the state, and keeps you updated on the status of your filing.
- Receive Documents: Once your business is formed, BizFilings provides you with access to your filed documents through their online portal.
Most filings are completed within 3-5 business days, although expedited processing options are available in some states if you need faster turnaround times.
BizFilings Core Services & Features
Business Formation Process
BizFilings offers a straightforward and reliable business formation process. They help prepare and file your LLC or corporation formation documents with the state, ensuring that you comply with all legal requirements. The process is done digitally, which allows for faster processing times compared to traditional methods.
In addition to business formation, BizFilings offers ongoing compliance management tools to ensure that your business stays in good standing with the state. This includes tracking deadlines for annual reports, taxes, and other necessary filings.
Registered Agent Services
BizFilings also offers registered agent services, which is an essential component for maintaining legal compliance. The registered agent is responsible for receiving legal documents on your behalf, such as tax forms, legal notices, and subpoenas. BizFilings’ registered agent service includes a digital platform where you can view and manage your legal documents in real time.
The free registered agent service for the first three months is an attractive benefit for new business owners. However, after the three-month period, you’ll need to pay the annual fee to continue using this service.
BizFilings Data Security & Privacy
BizFilings takes data security seriously, using advanced encryption and industry-standard security protocols to ensure that your personal and business data is protected. Your data is stored securely and is only shared when required by law. BizFilings also has a robust privacy policy in place to safeguard your information from unauthorized access.
For businesses that handle sensitive customer data, this level of security is essential. BizFilings’ commitment to data security ensures that your business and personal information are well protected throughout the formation process.
BizFilings Customer Support
BizFilings provides multiple channels for customer support, including phone, email, and live chat. The support team is available during business hours, and they are generally praised for being responsive and knowledgeable.
The online portal also features an FAQ section to answer common questions. If you need assistance with your filing, a representative is available to guide you through the process and resolve any issues you encounter.
BizFilings’ Review Ratings from Review Sites
BizFilings generally receives positive feedback from users, with an average rating of 4.4 out of 5 stars on Trustpilot. Many customers praise the service for its ease of use, transparent pricing, and helpful customer support. However, some users have reported delays in processing times and issues with the accuracy of certain filings. While these issues are relatively rare, they are worth considering if you’re in a time-sensitive situation.
Verdict on BizFilings LLC Service
BizFilings is a dependable and user-friendly service for business formation and compliance management. Its competitive pricing, comprehensive offerings, and solid customer support make it a great option for entrepreneurs starting a business. While there are areas for improvement, such as the transition from free to paid registered agent services, BizFilings remains a top contender in the business formation space. If you’re looking for a service that handles the basics of business formation while providing useful compliance tools, BizFilings is definitely worth considering.
FAQ’s
Does BizFilings offer expedited processing?
Yes, BizFilings offers expedited processing in select states, reducing the time it takes to process your formation to as little as 24-48 hours.
Does BizFilings provide a money-back guarantee?
BizFilings offers a warranty against filing mistakes. If they make an error in your filing, they will correct it at no additional cost.
Can I change my registered agent to BizFilings?
Yes, BizFilings allows you to switch your registered agent. They even cover the state’s filing fee for the change.
