MyCorporation vs LegalZoom: Which is Better?

MyCorporation Vs LegalZoom

Welcome to Startup Savant’s comparative article tackling MyCorporation vs LegalZoom, both well-known and premier incorporation services providers. We’ll cover both company’s unique features, differences, package options and pricing to help you figure out which is the perfect fit.

Let’s begin with their commonalities.

What MyCorporation & LegalZoom Have in Common

What Sets Them Apart

One of MyCorporation’s major advantages (in our ever-so humble opinion) are its package prices. Although LegalZoom’s prices are still reasonable and affordable, MyCorporation is cheaper at $69. This is most likely due to LegalZoom being a bigger operation with more employees and overhead.

Unlike most of its competitors, MyCorporation also offers other services like logo design, online bookkeeping and even trademarking priced at $129. Another distinct feature is their community forum where customers voice concerns and solve problems together (along with some networking).

An important tool that LegalZoom has that MyCorporation doesn’t is an order tracking tool. Tons of their customers love the convenience it brings as they can check the status of their order and see how far it is from completion.

LegalZoom also has its search tool that makes finding the right legal forms a cinch. Another thing to note is that they automatically check all forms for inconsistencies so there are no surprises. Honestly though, this is just a brief glimpse of their platform which is essentially a one-stop-shop for businesses of all sizes.

Pricing: MyCorporation vs LegalZoom

MYCORPORATION STARTS AT $69

MyCorporation has four distinct packages: Basic, Standard, Deluxe and Premium. Each package has their own features and you can add additional services if you need them. Feast your eyes on the potential for such small investments into your brand.

  • Basic Package: Its basic features are the name availability search, articles of incorporation and a free newsletter subscription. All others are add-ons which have individual fees (kind of a bummer).
  • Standard Package: Has additional services such as corporate bylaws, minutes, waivers, stock transfer ledgers, compliance tips, corporate stock certificates and the annual report services.
  • Deluxe Package: The most popular among the four because of the Registered Agent service added (this is a $150 value).
  • Premium Package: Compared to the hourly rate of many business lawyers, we’re talking peanuts here. With this you get a suite of help they’ve titled MaintainMyBiz services. Basically you get to shuffle tons of stuff off your plate and onto theirs so running your newly incorporated business is easier and more efficient.

For an in depth look at the features you get with MyCorporation, check out our comprehensive review.

vs

LEGALZOOM STARTS AT $149

LegalZoom’s package options are the Economy, Standard, and Express Gold. Pretty straightforward.

LegalZoom’s prices are higher than what other incorporation providers offer, however, the company still has a solid following because they have a very helpful website that makes subscribing to their packages easy. Each package has specific turnaround time as well ranging from 7 to 35 days.

For an in depth look at the features you get with LegalZoom, check out our comprehensive review.

Which Should You Choose?

For a couple to a few hundred bucks either MyCorporation or LegalZoom will handle everything. No muss, no fuss, no getting blindsided.

Go with your gut and choose the one that’s right for your business. But based on this side-by-side comparison, MyCorporation wins.

Try MyCorporation for $69!