By Arina Smith
LegalZoom is a “one-stop-online-shop” for small business owners’ needs from company creation to legal services. Most small businesses don’t know where to start and need someone to hand-hold them in setting up their company legally. This is where LegalZoom comes in. Let’s talk about why you should choose their LLC formation service and how much it will cost you.
Pros of Using LegalZoom Services
- Legit and famous online LLC formation and legal service.
- Affordable plans for LLC setup and legal needs.
- Access to set up a professional LLC.
- Unbeatable 60-day money-back guarantee offer.
- Option to purchase their after-formation care services.
Cons of Using LegalZoom Services
- Business formation service cost is not cheap.
- You cannot get a one-time legal service help because it is only available for subscription plans.
- Turn around time for customer support is inconsistent.
- A user dashboard is unavailable.
The Highlight of LegalZoom Services
David O’Brien, an expert in company formation, business analyst, and owner of Best LLC Services, advises small business owners to choose for their wide variety of services, from business formation to trademark registration. You can get their one-time service, free services, templates, or subscription for legal assistance.
The Bestllcservices. co advice for small business owners to choose LegalZoom for their wide variety of services, from business formation to trademark registration. You can get their one-time service, free services, templates, or subscription for legal assistance.
LegalZoom offers the following for business formation:
- Starting your LLC and filing the paperwork in your state.
- Forming the business suitable to your situation: LLC, partnership, nonprofit, sole proprietorship, C-corporation, or S-corporation.
- Creating a DBA (Doing Business As).
- Reserve your business name.
We will talk about how much it will cost to set up the business of your choice.
LegalZoom Pricing Guide for LLC Formation
Honestly, starting an LLC with LegalZoom is priced higher than other competing formation services. It would be best if you were willing to pay a little bit more for add-ons and more features to help with your business.
Most business owners grab their Economy Package worth $79 plus state fees. This package includes searching for an entity name that is available and filing the paperwork in your state. You will also get their assistance in setting up the Articles of Organization for your business which will be included in the paperwork.
LegalZoom will provide you with a step-by-step guide in reviewing the LLC documents to start your business. You will have the peace of mind when getting their service that your LLC will get approved with no trouble. Their staff will personally review your order before it gets processed to ensure everything is clear and final.
And lastly, you will get a Financial Account Authorization Letter indicating the authorized personnel to open a bank account for your LLC. The whole process takes about 15-20 minutes online; then, you will wait around 30 days for your LLC documents to be delivered to you.
If you’re looking for a more sophisticated package, you can check out their Standard Package worth $329 plus state fees. This includes all of the services from the Economy package plus a Deluxe organizer embossed with your business name, official seal and certificates of about 20 personalized business certificates and company seal, and VIP processing, ensuring that your order is processed faster than economy orders.
If you need your LLC as soon and as fast as possible, you should grab their Express Gold package worth $349 plus state fees. You will get everything from the Economy Package and Standard Package plus rush processing with the secretary of the state and expedited delivery of your LLC documents.
Keep in mind that these are starting rates because the cost varies depending on the needs of your business. Be prepared to pay for additional features like legal document reviews because an attorney will contact you to discuss these documents.
Other add-ons that you can include are obtaining Federal Tax ID for $79, compliance calendar for $69, consultation service for $37.50 per month, Registered Agent service for only $299 annually, Annual reports filing starting at $55 + filing fees, Trademark registration costs $249 + filing fee, Trademark Registration with Attorney assistance $599 + Filing fee, and Copyright application starting at $114 + filing fees. These fees might come in handy if your products need protection.
Other Consideration after LLC Formation
Once you have set up an LLC, it is also good to consider getting a business plan with LegalZoom, so you have a legal plan ready and a legal representative if your company needs it. With all the add-on features and costs for LLC creation mentioned, LegalZoom offers an affordable and comprehensive Business Legal plan to their customers. It is significantly less expensive than hiring an attorney by yourself.
Their Legal Business Plan includes document reviews, phone consultations, tax advice, and annual business evaluation to keep things in check and compliance with the law. And if your business needs to protect its products, the legal plan includes one copyright registration per month. This offer is pretty much a good deal for people who hate worrying about legal matters and saving on substantial legal fees in the long run. It will turn out cheaper than occasional attorney consultation fees elsewhere.
LegalZoom Reviews
Overall, LegalZoom has millions of customers across all states who testify to their credibility and success in business formation and legal services. It is highly recommended with decades of satisfied customers. Their service fees may not be the cheapest among its competitors, but they do give their clients peace of mind, which is priceless in itself. Plus, no other business creation service offers a 60-day money-back guarantee. It is an edge they have over others.
Reviews from past and present clients highlight that LegalZoom offers a very professional level of service – no matter what package you choose. The business formation process is very straightforward and easy to understand. They even provide a business name availability checker on their website for free to everyone. Finally, the combined feedback of clients and accessibility of their service makes them one of the highly recommended LLC formation companies.
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