Starting a business can be a rewarding yet complex process, especially if you’re looking to form an LLC in the United States. One of the most popular services that help people navigate this process is MyUSACorporation. This review takes an in-depth look at what MyUSACorporation offers, its pricing, customer support, and how it stacks up against competitors in the LLC formation space. We’ll also highlight its benefits and downsides, giving you a full picture of whether MyUSACorporation is right for you.

What Is MyUSACorporation?

Founded in 2009, MyUSACorporation is a New York-based LLC formation service that helps individuals, both in the U.S. and internationally, set up businesses in the United States. The company provides a variety of services, including forming LLCs, corporations, and other legal business entities.

What sets MyUSACorporation apart is its ability to cater to foreign entrepreneurs looking to enter the U.S. market. It allows international clients to establish U.S.-based businesses, a major selling point for non-resident entrepreneurs. The platform’s goal is to simplify the LLC formation process with an easy-to-use online platform, expert guidance, and a wide range of additional services that go beyond basic LLC formation.

MyUSACorporation Service Offerings

MyUSACorporation offers a comprehensive suite of services designed to make LLC formation seamless. Key services include:

• LLC Formation: Includes filing Articles of Organization with the state, drafting an operating agreement, and acquiring necessary business licenses.
• EIN Registration: The company helps clients obtain an Employer Identification Number (EIN) from the IRS.
• Registered Agent Service: MyUSACorporation provides a registered agent who acts as your business’s official point of contact for legal documents and government notices.
• Operating Agreements: They assist in drafting operating agreements to ensure the smooth operation of your LLC.
• Business License and Permit Assistance: They help secure the necessary licenses and permits required for your specific business.
• S-Corporation Election: MyUSACorporation can assist you in electing S-Corp status for tax benefits, depending on your business’s structure.

MyUSACorporation caters to individuals forming businesses in any U.S. state, providing the flexibility to choose state-specific packages.

MyUSACorporation Review Ratings

When analyzing a service like MyUSACorporation, it’s important to look at multiple factors such as customer support, price, features, turnaround times, and ease of use. Based on extensive research and user reviews, here’s a breakdown of MyUSACorporation’s ratings:

Support – 4.7/5

Support is one of the strongest aspects of MyUSACorporation. According to multiple user reviews, the company provides excellent customer service with fast response times. Whether you are navigating the LLC formation process or need help with specific services, their support team is knowledgeable and approachable. Users report positive experiences with their support agents, citing that they provide clear guidance through the often-complicated U.S. business registration process.

A key benefit is that MyUSACorporation offers personalized support, which is particularly valuable for international entrepreneurs who may be unfamiliar with U.S. regulations. Customers also appreciate the option to contact support through live chat, email, or phone, making the process more convenient.

Price – 4.6/5

When it comes to pricing, MyUSACorporation offers a pay-as-you-go model where clients only pay for the services they need. This can be a great advantage if you don’t require every single feature but need specific services like EIN registration or operating agreements. However, this a la carte pricing model can sometimes end up being more expensive than bundled packages offered by competitors.

For example, while MyUSACorporation’s LLC formation service is competitively priced, additional services such as EIN registration or the creation of an operating agreement can cost extra. Although some users find these fees acceptable for the level of service provided, others feel that competitors’ bundled packages offer better value.

Overall, MyUSACorporation’s pricing is transparent, and you can always estimate the cost before making any commitments, which users generally appreciate.

Features – 4.6/5

MyUSACorporation offers an impressive range of features that are typically necessary for setting up and managing an LLC in the U.S. Some of the notable features include:

• State-specific Services: The service tailors its offerings to specific state requirements, ensuring that clients comply with local regulations.
• Registered Agent Services: The company provides free registered agent services for the first year, which is essential for maintaining legal compliance.
• Multiple Business Entity Types: In addition to LLCs, MyUSACorporation helps clients form other types of entities, such as corporations and non-profits.
• Online Document Storage: Customers can access and store their legal documents securely on MyUSACorporation’s platform, making it easy to retrieve them when needed.

The only drawback noted by some users is that MyUSACorporation doesn’t offer as many comprehensive or bundled packages as some of its competitors, which could make the service more expensive when additional services are added.

Turnaround – 4.4/5

MyUSACorporation is generally praised for its fast turnaround times. In many cases, LLC formation documents are filed within 2-3 business days. However, turnaround times can vary depending on the state you are forming your LLC in, and the specific services you select.

Some users report that the process can be delayed, particularly if you are opting for services like foreign qualification, business licenses, or S-Corp elections, which require additional processing. While these delays are not uncommon across LLC formation services, they are worth considering if you need your LLC formed within a specific time frame.

Overall, MyUSACorporation’s turnaround is considered to be relatively fast compared to other providers, but it’s always advisable to allow extra time for processing, especially when additional services are required.

User Ratings – 4.6/5

With a solid reputation across review platforms like Trustpilot, MyUSACorporation has earned favorable feedback from many users. Customers often highlight the quality of customer service, the simplicity of the platform, and the effectiveness of their LLC formation process.

While most users are satisfied, a few have expressed frustration over the additional costs of services like EIN registration and operating agreements, which are often included in competitors’ more comprehensive packages. Still, the positive reviews largely outweigh the negatives, with users praising the company’s attention to detail and its commitment to ensuring business formation is as hassle-free as possible.

Ease of Use – 4.7/5

One of the standout features of MyUSACorporation is its user-friendly platform. Setting up an LLC with MyUSACorporation is designed to be intuitive, even for those who are unfamiliar with the intricacies of U.S. business formation. The platform offers clear instructions, a straightforward navigation system, and helpful guides that walk you through the process step-by-step.

This ease of use is particularly appreciated by international entrepreneurs who may not be familiar with the U.S. legal system. Users report that the website makes it easy to track the progress of their LLC formation, and they can upload and manage all necessary documents from one central location.

LLC Service Features & Prices

MyUSACorporation provides a variety of services tailored to your business needs. Below is an overview of what’s offered and their typical price ranges:

LLC Formation

Starting at approximately $99, MyUSACorporation helps you form your LLC by filing the necessary documents with the Secretary of State. This service includes assistance with naming your LLC, preparing and filing Articles of Organization, and providing guidance on state-specific requirements. Additional state fees may apply.

EIN Registration

For $75, MyUSACorporation will obtain an Employer Identification Number (EIN) for your LLC, a requirement for all businesses that plan to hire employees or operate as a corporation. This service can be especially beneficial for international entrepreneurs who are unfamiliar with U.S. tax regulations.

Operating Agreement

An operating agreement is crucial for outlining how your LLC will be run. MyUSACorporation charges around $49 for the creation of a custom operating agreement. This service ensures that your business is compliant with state laws and that all members are clear on the roles and responsibilities within the LLC.

Registered Agent Service

MyUSACorporation includes a free year of registered agent service with every LLC formation. After the first year, this service costs approximately $125 per year. Registered agents are required by law in most states and serve as the official point of contact for your LLC.

Business License & Permits

For an additional fee, MyUSACorporation helps you obtain any necessary business licenses or permits required by federal, state, or local regulations. The cost for this service varies depending on the location and nature of your business.

Additional Services

Some other additional services offered by MyUSACorporation include:

• Foreign Qualification: If you plan to do business in multiple states, MyUSACorporation can assist with registering your LLC in additional states.
• S-Corp Election: MyUSACorporation helps you elect S-Corp status for your LLC, which can provide tax advantages under certain circumstances.

Additional Services

Beyond basic LLC formation, MyUSACorporation offers several premium services that can be valuable depending on your business needs. Some of the most commonly utilized include:

• Foreign Qualification: If you want to operate in multiple states, MyUSACorporation can help with foreign qualification, which is the process of registering your LLC to do business in states outside the one in which it was formed.
• Tax Filing Services: MyUSACorporation also offers assistance with tax filing, which can be helpful for entrepreneurs who are unfamiliar with U.S. tax regulations.
• Notary Services: For an additional fee, MyUSACorporation can notarize your business documents, which is often necessary for legal and financial transactions.

These additional services ensure that your LLC remains compliant with U.S. laws and regulations, especially if you are handling business in multiple states or engaging in activities that require specialized legal documentation.

Benefits

1. Global Accessibility: MyUSACorporation’s services are accessible to both U.S. residents and international entrepreneurs. The platform is designed to make it easy for anyone, regardless of location, to start a business in the U.S.
2. Comprehensive Service: MyUSACorporation offers a wide range of services beyond LLC formation, including tax filing, business licensing, and more, making it a one-stop shop for entrepreneurs.
3. Personalized Support: The company offers expert guidance and customer support to help clients navigate the complexities of U.S. business formation.
4. Free Year of Registered Agent Service: One of the standout benefits is the inclusion of a free year of registered agent services, which can save you money in the first year of business formation.

Downsides

1. Additional Fees: While MyUSACorporation offers basic LLC formation services at a reasonable price, additional services, such as EIN registration and operating agreements, are sold separately, which can add up quickly.
2. Variable Turnaround Times: Depending on your state and the services you opt for, the processing times can be slower than anticipated.
3. No Bundled Packages: Unlike some competitors, MyUSACorporation does not offer bundled pricing options, which could potentially save customers money.

Who Should Hire MyUSACorporation?

MyUSACorporation is an ideal service for:

1. International Entrepreneurs: Those looking to establish an LLC in the U.S. without the complexities of understanding U.S. business laws.
2. Small Business Owners: Entrepreneurs who want flexibility in selecting only the services they need.
3. Companies Seeking Specialized Services: Those in need of additional services like foreign qualification, S-Corp elections, or business licenses.

MyUSACorporation Customer Testimonials

Customer feedback is largely positive, with many users praising MyUSACorporation for its professionalism, customer service, and ease of use. Common themes in testimonials include satisfaction with the fast processing times, the helpful support team, and the comprehensive service offering.

MyUSACorporation Alternatives

While MyUSACorporation offers a reliable service, there are several alternatives you might want to consider:

1. ZenBusiness

ZenBusiness is known for its affordability and comprehensive packages. They offer bundled services, including LLC formation, registered agent service, and an operating agreement at a lower cost than MyUSACorporation. It’s a great option for budget-conscious entrepreneurs.

2. Northwest Registered Agent

If you value privacy, Northwest Registered Agent specializes in providing enhanced privacy protection along with LLC formation and registered agent services. Their customer service is highly rated, making them a great choice for those who prioritize personal attention and confidentiality.

3. Bizee

Bizee is another service that offers a straightforward LLC formation process, with transparent pricing and a user-friendly interface. Their services are ideal for entrepreneurs who want a hassle-free experience without the need for add-ons or complex features.

Verdict on MyUSACorporation

MyUSACorporation is an excellent choice for entrepreneurs seeking to form an LLC in the U.S., especially those who value personalized support and a wide range of services. While additional fees for services like EIN registration and operating agreements may seem like a downside, the platform’s flexibility and comprehensive offerings make it a solid option for both U.S. residents and international clients.

FAQs

Is MyUSACorporation suitable for international clients?

Yes, MyUSACorporation caters to both U.S. residents and international entrepreneurs, providing services that simplify the process of starting a business in the U.S.

Are there hidden fees with MyUSACorporation?

While MyUSACorporation is transparent about its pricing, some essential services are sold separately, which can increase the total cost. Always check the final price before confirming your order.

How long does it take to form an LLC with MyUSACorporation?

Typically, MyUSACorporation files your LLC formation documents within 2-3 business days, but the overall processing time may vary based on your state and selected services.