Are you forming an LLC and considering using an online formation service to help you?
If you’re confused by all the red tape and legal jargon involved with the DIY route, or you’re fed up with overly complex state resource sites, LLC formation services like CorpNet can be a huge help.
To streamline your research, my team and I invested countless hours examining the details of the top LLC formation services. My goal is to give you the information you need to make a fully informed decision for your business.
In this CorpNet LLC review, I’ll guide you through some pros and cons, pricing, features, customer reviews and much more. Read on to find out if they’re the right fit for your company!
Pros & Cons of CorpNet
Pros of CorpNet
- It’s tough to beat CorpNet’s nearly flawless customer feedback. For example, on TrustPilot they average a 9.7 score out of 10 with 292 reviews.
- Their 100% satisfaction guarantee makes sure that if you’re unhappy for any reason with your LLC formation, they will refund all fees paid to CorpNet with no questions asked.
- They offer a full year of registered agent service with their top two formation packages (Deluxe and Complete), and even customers who choose their Basic package receive 60 days registered agent at no extra cost.
- As a family-owned company, CorpNet provides a personal touch while still handling a large volume of customers. Their husband-and-wife ownership team have provided legal filing services for over 20 years, and they’ve helped 100,000+ businesses in that time.
Cons of CorpNet
- At $108, their Basic package is not terribly expensive, but some competitors price similar packages for much cheaper. For example, Incfile charges only the state fee and includes 365 days free registered agent service in their baseline package.
CorpNet Alternative
Incfile is one of the best services to choose if you’re forming a business on a budget but are still looking for all the essential features. Read Review
Visit IncfileCorpNet LLC Pricing & Features
With CorpNet you have 3 options for LLC formation packages: Basic, Deluxe, and Complete. Unlike most competitors, CorpNet doesn’t include shipping costs in their pricing models, so we need to add $29 to their prices in order to make them directly comparable with competitors.
With that in mind, their LLC formation service starts at $108 and goes up to $278.
Basic = $108 + State Fee
What It Includes: This package includes formation essentials like a business name availability check, and the preparation and filing of your Articles of Organization. In addition, you’ll receive their B.I.Z. online compliance tool which alerts you to important deadlines, along with 60 days of registered agent service to receive and forward corporate documents.
Who It’s Right For: Entrepreneurs looking for a no-frills formation package should be interested in the appropriately named Basic option.
Deluxe = $228 + State Fee
What It Includes: Everything in the Basic package, plus a full year of registered agent service, the obtainment of a federal tax ID number (EIN) which allows you to hire employees and file business taxes, and a hard copy of your formation documents.
Who It’s Right For: Anyone looking for a bunch of valuable features at a reasonable price. The EIN and registered agent service combine to be worth much more than the $120 it costs you to jump up from the Basic package.
Complete = $278 + State Fee
What It Includes: Everything in the Deluxe package, along with a custom LLC operating agreement that details the structure of your business, meeting minutes to record important events at your company meetings, and an LLC kit and seal for organizing corporate documents.
Who It’s Right For: If you would like to have these forms customized instead of preparing your own operating agreement, for example, the Complete package is a good value for the money.
Recommended Package
My personal favorite is the Deluxe package. I feel like the $120 increase over the Basic package is more than justified by the inclusion of an EIN and registered agent service, which most businesses will need anyway. Plus you’re getting top-level customer support.
Customer Reviews
Simply put, CorpNet’s customers must be quite pleased because there is essentially zero critical online feedback. Their overwhelmingly happy customers rave about how quick CorpNet’s services are and praise the helpfulness of their customer service agents.
Customer Reviews Section Last Updated 8-9-17
- TrustPilot: 9.7 out of 292 reviews
- TrustLink: 4.9/5 out of 57 reviews
Conclusion: It doesn’t get much better than having near-perfect feedback from hundreds of reviews. Customer reviews are a huge pro for CorpNet.
How CorpNet Compares
CorpNet is one of the top LLC formation providers due to their great customer feedback and their satisfaction guarantee. Still, it’s always a good idea to check out what the competition has to offer, so let’s take a quick look at my personal favorite, Incfile.
Pricing: With prices that start at just $0, you can save a lot of money over CorpNet’s base rate of $108.
Features: All of Incfile’s most basic package includes a full year of registered agent service, while CorpNet offers just 60 days in their similar package.
Turnaround Time: These vary by state, but generally Incfile will be much faster. With CorpNet, if you want to get your filings faster than 40-60 business days later, you are required to pay more. Incfile’s turnaround times will typically be as fast as state filings will allow.
Businesses Formed So Far: While neither of these are particularly large companies, they have both helped over 100,000 businesses form.
Here’s A Quick Visual
Frequently Asked Questions
Can I Just Form a Business Myself?
You certainly can, but it can be quite a hassle. The DIY option requires an understanding of state-specific requirements and quite a bit of dense paperwork. An LLC formation provider like CorpNet can handle those aspects and leave you more time to run your company. If you do want to form your own LLC, make sure to read through our extensive how-to guide.
What’s Their Refund Policy?
They have a 100% satisfaction guarantee. If you’re unhappy with their service for any reason, simply ask for a refund of all fees paid to CorpNet.
Are There Any Hidden Fees?
Nope! As I mentioned earlier, they don’t include shipping in their advertised prices like their competitors do, but the fee is far from hidden. It’s all quite straightforward stuff.
Is My Information Secure?
They protect their site with the Norton Shopping Guarantee which provides $10k in identity theft support and $1k in purchase protections. They also have strong security certificates.
Does CorpNet Offer Ongoing Support?
Absolutely. It doesn’t matter if you formed your LLC yesterday or months ago, CorpNet is willing and able to field your tough questions.
Should You Use CorpNet?
I’ll give CorpNet a score of 4/5. Their customer feedback is excellent and their satisfaction guarantee is a welcome safety net. I absolutely recommend this company. If this doesn’t sound like your perfect fit, check out our Best LLC Formation Services review. Cheers!