MyCorporation Reviews
Discover more about MyCorporation LLC formation service with our in-depth review. Includes package comparisons with ZenBusiness and Incfile, and FAQs.
Updated on January 25th, 2023
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MyCorporation is an LLC formation service that facilitates the formation of limited liability companies, corporations, and non-profit organizations.
Updates:
Updated 15th of May 2020
We included a detailed review and comparisons with ZenBusiness, Incfile, and Northwest Registered Agent, and added more information about MyCorporation's formation packages.
Pros and Cons:
Pros
- Fast and easy application process.
- Unlimited customer support.
- Several packages to choose from.
Cons
- None of the formation packages include EIN registration and an operating agreement.
- Expensive services and formation packages.
Review:
MyCorporation offers a variety of filing services and an easy application process for entrepreneurs looking to start a business quickly. However, filing and add-on costs can become expensive due to higher package rates.
Highlights:
MyCorporation offers four LLC formation and incorporation packages that include the basics needed to start the formation process. The application process is fast and straightforward, and users will have access to unlimited customer support.
Shortcomings:
When compared to competitors, Incfile and ZenBusiness, MyCorporation's plans are lacking multiple standard features, including an Operating Agreement, EIN registration service, and business license compliance package. For these services and more, users will need to pay an extra fee, which could significantly affect the final costs. In addition, Registered Agent services are only available with the Deluxe plan.
Reputation:
MyCorporation has limited customer reviews available online but we did find 203 reviews on Trustpilot, which garnered an average of 3 stars. The majority of reviews were critical about the poor customer service and multiple filing errors. However, we did find several reviews that complimented the efficient application process.
Pricing:
Plan Name | Pricing |
|---|---|
Basic | $99.00 + state fees |
Standard | $124.00 + state fees |
Deluxe | $224.00 + state fees |
Premium | $324.00 + state fees |
MyCorporation vs. Incfile:
MyCorporation and Incfile both offer business formation services but it's Incfile's affordability and feature-rich plans that give the company an added advantage. Incfile charges $0.00 for their entry-level package, and unlike MyCorporation, Incfile's plans also include an operating agreement and an EIN registration.
MyCorporation vs. Incfile Comparison:
Features | MyCorporation | Incfile |
|---|---|---|
Starting Price | $99.00 + state fees | $0.00 + state fees |
Fastest Filing Speed | Varies by state. | Next day (Gold & Platinum packages only) |
Online Access | x | ✓ |
LLC Operating Agreement | x | ✓ |
Employer Identification Number | x | ✓ |
Registered Agent Service | ✓ | ✓ |
MyCorporation vs. ZenBusiness:
MyCorporation and ZenBusiness both offer multiples plans that include name checks and Articles of Organization. However, ZenBusiness's plans have the best value thanks to its complete packages, which include an operating agreement and an EIN registration. For these services and more, MyCorporation' users must pay between $79.00 and $150.00.
MyCorporation vs. ZenBusiness Comparison:
Features | MyCorporation | ZenBusiness |
|---|---|---|
Starting Price | $99.00 + state fees | $49.00 + state fees |
Fastest Filing Speed | Varies by state. | Three business days. |
Online Access | x | ✓ |
LLC Operating Agreement | x | ✓ |
Employer Identification Number | x | ✓ |
Registered Agent Service | ✓ | ✓ |
MyCorporation vs. Northwest Registered Agent:
MyCorporation is the most expensive option but its formation packages are quite limited when compared to Northwest Registered Agent. For $99.00 less, Northwest users enjoy one-year free Registered Agent services, an EIN registration, and an operating agreement, neither of which are included with MyCorporation's plans.
MyCorporation vs. Northwest Registered Agent Comparison:
Features | MyCorporation | Northwest Registered Agent |
|---|---|---|
Starting Price | $99.00 + state fees | $225.00 + state fees |
Fastest Filing Speed | Varies by state. | Varies by state. |
Online Access | x | ✓ |
LLC Operating Agreement | x | ✓ |
Employer Identification Number | x | x |
Registered Agent Service | ✓ | ✓ |
MyCorporation Plans:
Basic.
The Basic plan only includes three standard services. These include a name availability check, document vault storage, and Articles of Organization and other business documents. Despite this limited feature range, MyCorporation's entry-level plan is significantly more expensive than its competitors' options.
Standard.
The Standard plan costs $25.00 more than the Basic plan. In addition to all the features listed in the Basic plan, the Standard plan also includes annual reporting.
Deluxe.
The Deluxe plan has a price jump of $100.00 but it includes virtually the same features as the Standard plan, with the only exception being the addition of Registered Agent services. However, this additional service is needed to remain compliant and is a valuable extension to the plan.
Premium.
The Premium plan is recommended as MyCorporation's best service plan and includes all the features provided with the Deluxe plan, with the addition of a corporate maintenance package for corporations and LLCs. Even though the Premium plan is listed as MyCorporations' most complete package, it's missing an operating agreement and an EIN registration service.
Optional Services:
Plan Name | Pricing |
|---|---|
Online Logo Maker | $39.95 |
Seal & Embosser | $40.00 |
Customized Operating Agreement | $59.00 |
Employer Identification Number (EIN) | $79.00 |
Business License Compliance Package | $99.00 |
Elite Kit | $100.00 |
Rush Filing | $100.00 + state fees |
State Income Tax Withholding (auto-renewal) | $150.00 + state fees |
Sales & Use Tax ID (auto-renewal) | $150.00 + state fees |
Key Information:
Legal Name | MyCorporation Business Services, Inc. |
Founding Date | Jan 01, 1998 |
Address | 26025 Mureau Rd, Suite 120, Calabasas, California 91302, USA |
Number of Employees | 42 |
Number of Customers | 1000000 |
Telephone | |
Website |
FAQs:
How much does it cost to file an LLC with MyCorporation?
It costs between $99.00 and $324.00 to file an LLC with MyCorporation.
What services does MyCorporation offer?
- Name search availability.
- Preparation & filing of Articles of Incorporation.
- Registered Agent service.
- Operating Agreement.
- Annual Report service.
- Rush service.
- Unlimited customer support.
How do I contact MyCorporation's customer service?
You can contact MyCorporation's customer service by calling 1 (877) 692-6772.