HomeBusinessHow Incfile Can Save You Time and Money When Starting a Business

How Incfile Can Save You Time and Money When Starting a Business

Incfile offers a variety of services to help you start, manage and grow your business. They provide standard LLC formation packages as well as other important documents like an operating agreement, a banking resolution and minutes for corporations.

The company also provides add-ons like bookkeeping and registered agent services for an additional fee.

Free Registered Agent

The most important step when starting a business is filing the formal documents that create your legal entity. This can be a complicated process that includes multiple documents filed with different agencies on different timelines.

Fortunately, Incfile can help make this task easier by acting as your registered agent when you form an LLC. They will receive and forward your official state mail, including compliance notifications and IRS correspondence to you. This is a free service for the first year, and it can be renewed annually at a competitive rate of $119.

In addition to a free registered agent, Incfile offers many other affordable business services such as DBA/Fictitious Business Name filings, Certificate of Good Standing, and business license research. Their prices are on par with competitors, and they typically file your documents within one business day. In addition, they offer a convenient online dashboard to track the progress of your filings. Moreover, they provide sample document templates that can be customized for your specific needs.

Free EIN

Getting an EIN, or Employer Identification Number, for your business is crucial for it to operate legally. This number acts like a social security number for businesses and is necessary to open bank accounts, hire employees, and obtain funding.

Incfile helps you save time by completing the application process on your behalf and filing it with your state. This saves you from having to navigate confusing government websites and waiting in line at the post office.

As part of the Gold and Platinum packages, Incfile also provides a lifetime company alert feature that sends you courtesy email notifications about upcoming filing deadlines for documents such as annual reports. This can help you stay on track and avoid costly penalties. Additionally, Incfile has a client dashboard that keeps copies of all filed documents in digital format. This makes it easy to access, download and print if needed.

Free Business Dashboard

For those who are looking to get a handle on the costs of their new business, Incfile provides some solid online access. The company’s webpages auto-populate prices based on state and provide a clear overview of what services will cost you (without state fees). Adding additional, one-off services like a business name search or DBA/Fictitious Business Name filing is likewise straightforward.

The company also offers a free, comprehensive business dashboard where you can keep track of all important filings and renewal deadlines. Additionally, the company offers a variety of useful business resources including state guides, a DIY email course and a business entity quiz.

In addition to its basic LLC formation services, Incfile also offers a few premium-level features such as banking resolution drafting and expedited processing with the state, which can be helpful for entrepreneurs who are trying to start their businesses quickly. Its Gold plan also includes a custom operating agreement that is a great option for first-time founders, and it provides unlimited business name availability searches to help you find a good domain name.

Free Annual Reports

When starting a business, there are always one-time expenses that must be considered. Some examples include licensing, permits and incorporation fees. While they may seem like minor costs at the time, these one-time expenditures can have long-term financial implications for your business.

Incfile offers a variety of LLC packages that can help you save money on these one-time expenditures. Their Silver package is free for the first year, and then you must pay your state filing fee.

Annual reports are a requirement for most incorporated businesses, including LLCs, LLPs and S corporations. Failure to file by the deadline can result in state fines, loss of liability protection and the dissolution of your company. Avoid the hassle of preparing an annual report on your own by having Incfile prepare yours for you. This will free you up to focus on your day-to-day operations. Easily share your interactive report with colleagues or embed it on a website with Visme.

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