LegalZoom or IncFile, which should you pick? Which is right for your business?

If this is the question on your mind, then you have come to the right place. You have made the right decision. Keep reading. Even small businesses require the service of a legal professional. But with the high rate these professionals charge hourly, businesses are turning to online legal services to sort our issues such as entering a contract with a supplier or in launching their business entity.

Through this article, we are going to take a close look at LegalZoom and IncFile. We help you decide which one is right for your business.

This article will demonstrate you the services offered by LegalZoom vs IncFile, their pricing, and their pros and cons. Then, we would compare both platforms based on their services, price, speed, experience, and ease of use. And we would not leave you hanging with all this information, we would guide you with detailed info on when to use LegalZoom and when to use IncFile.

At the end of this article, you would be able to pick the right online legal service for your business – IncFile or LegalZoom.

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An Overview of IncFile and LegalZoom

What they have in common is that these are online legal services offered to businesses in the United States. These services allow small businesses to pay a low fixed price for using their legal services. They provide legal services such as filing taxes, filing compliance documents, forming business entities, etc., among many other legal services.

Another thing these online legal services provider is affordable and are thus appropriate and budget-friendly option for small businesses. If these small businesses were to hire a legal professional in person, they have to pay an hourly rate of about 200 to 1000 USD depending on the service required. But with this online platform, they are able to save a lot more for the same service.

This article will help you decide which of these two great Online legal services is right for your business. But, to make this decision, you also need to understand your business and other your legal needs. If you haven’t already, I suggest you get to that right away. Make a list of the legal needs of your business, then continue reading.

All About IncFile Business Services

IncFile, which was founded in 2004, is an online legal services provider that offers services to small businesses to suit their legal needs. Their services are to suit and customized for the state that the businesses operate from and those state rules and laws accordingly.

Individuals who want to start a new business can use this online legal service for purposes such as:

 

  • Formation of business entities

 

  • File taxes

 

  • File compliance documents

 

IncFile Services to Small Businesses

The services that IncFile provides include business formation, company change, compliance, and tax filing. They are in groups of four major categories with many sub-services.

(a) Business Formation

This service provides users with an easy and quick steps to start their businesses. They also guide users unsure of which corporation is right for their business in making a decision, which could be any one of the following:

 

  • Guiding users on the decision and the process of forming a Limited Liability Company (LLC).

 

  • Helping you set your business up as an S- Corporation.

 

  • Giving them information on forming a C- Corporation and following through with the process.

 

  • Helping get your non-profit off the ground smoothly and quickly.

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(b) Company Changes Services

This includes services such as

 

  • Amendment alters to membership, company name or company address.

 

  • Corporate dissolution when you wish to formally terminate an entity exists.

 

  • When you dream to expand to a new state, IncFile helps you file for foreign qualification.

 

  • Helps prepare and file a Doing Business As (DBA) or a fictitious business name.

(c) Business Compliance Services

IncFile assist to ensure your business remains in good standing with services such as

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  • File annual report

 

  • Order registered agent

 

  • Acquire a certificate of good standing

 

  • Business license research package, which includes all business licenses, permits and tax registration required for business activities at a specified location.

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(d) IRS Filings

IncFile `put efforts to support small business to ensure that this area is in order with their services that help users order and file their:

 

  • Federal Employment Identification Number (EIN). This is also simply known as the Tax ID number.

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  • Ease of filing business tax returns.

Pros and Cons of IncFile

Here are some pros and cons of IncFile online legal services:

Pros:

 

  • Great value price for business formation

 

  • Provides tax filing services

 

  • Provides discount for filing business and personal tax

 

  • Provides alerts to compliance deadlines

 

  • Free one-year registered agent service with business formation

 

  • Great customer service

Cons:

  • No Lawyer consultation service

 

  • No intellectual property protection service

All About LegalZoom Business Services

LegalZoom founded in 2001 has helped well over 4 million businesses and clients with their legal issues and needs. It serves as a one-stop hub for all small business needs. Users can use this online legal service for purposes such as:

  • Formation of business paperwork especially when starting a new business
  • Copyright protection and patent application
  • Registration of a trademark
  • Creation of legal documents
  • Review of legal documents
  • Lawyer consultation
  • Business tax advice

LegalZoom Services to Small Businesses

The services offered by LegalZoom are categorized into four major categories. These include:

(a) Business Formation

This service helps individuals start their small businesses. They have a record of helping well over 1 million small businesses get started. They do this by providing the following services

 

 

  • Providing incorporation services. And helping users start a corporation whether a C corp or an S corp. Also, they provide info on allocating shares to investors, assigning stocks and many other considerations.

 

  • LegalZoom provides all the legal services you need to start a non-profit. Ensuring you start off right, which is the first step in getting donor support.

 

  • They assist in naming businesses, allowing users to file a Doing Business As (DBA) and build their business brand. Furthermore, they provide other business name related services like entity name availability check at no cost. They also offer entity name reservation services.

 

  • It provides an easy way to get a Federal Tax ID called Employer Identification Number (EIN). LegalZoom also provides you with all the information you need with regards to the EIN – tax ID number.

(b) Intellectual Property Protection

This service ensures that your work becomes protected. And when users are unsure what protection they need, LegalZoom guides them on what is appropriate. They provide the following protection services:

 

  • Trademark registration service: They guide users with a trademark search for the name, symbol or slogan they wish to trademark. And when available, users can file for exclusive rights to the slogan, symbol or name.

 

  • Copyright registration: By providing this service, LegalZoom enhances your right to your creative work. And provides users and businesses legal aid and protection against infringement.

 

  • Provisional patent application: They guide users to file for a provisional patent. This allows users early protection for their inventions and gives an early filing date.

 

  • Utility Patent: They guide users to get the file for a patent that prevents others from making, selling or using their inventions.

(c) Personal Legal Services

As LegalZoom provides online legal services, it caters to small businesses and also to personal legal needs. This domain of LegalZoom is for all personal legal needs. They provide services such as:

Marriage and divorce: With this service, they provide name change, prenuptial agreement, and uncontested divorce.

Estate planning services: This area covers a wide range of services, which includes:

  • Last will and testament
  • Living will (Advanced Health Care Directive)
  • Healthcare power of attorney
  • Financial power of attorney
  • Living trust
  • Pet protection agreement

Real estate services: They offer their users products and services for real estate planning and management. Users can able to prepare a residential lease agreement and also a property deed with ease using LegalZoom.

Immigration and work: LegalZoom understands that a major personal legal need involves immigration and work permit. And that the process can be overwhelming and complicated. They provide services for a green card, work visa and also free immigration attorney consultation.

(d) Attorney Advice

This service allows users to receive legal advice via 30-minutes phone consultation with an attorney on demand (as the need for it arise). This is a prepaid legal advisory service. And they have both the personal legal advisory plan and a business legal advisory plan.

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Pros and Cons of LegalZoom

Let’s also look at some of the pros and cons of the LegalZoom services.

Pros:

 

  • Offers business and personal legal services

 

  • Offers a wide range of legal services

 

  • Offer a prorated refund upon cancellation

 

  • Offers a 60-day money-back guarantee

 

  • Offers a great legal advisory plan

 

  • Free bankruptcy evaluation

 

  • Entity name availability check free

 

  • Immigration attorney consultation

Cons:

 

  • Reported poor customer service

 

  • Pricey business formation service

 

  • Not great for one-time legal help

IncFile vs LegalZoom Compared

The types of services available on Incfile vs. LegalZoom

Forming a new business

IncFile – Yes

LegalZoom – Yes

Filing for a patent, copyright or trademark

IncFile – No

LegalZoom – Yes

Preparing and filing tax returns

IncFile – Yes

LegalZoom – No

Business compliance

IncFile – Yes

LegalZoom – Yes

Making custom legal forms

IncFile – No

LegalZoom – Yes

Speaking with an attorney

IncFile – No

LegalZoom – Yes

Both Incfile and LegalZoom offer legal services online, however, each focus on different areas. For instance, Incfile helps with initial business formation and once you are set up with business taxes and compliance. On the other hand, LegalZoom is more like a full-service legal provider.

As the same as Incfile, they offer their help to you with initial business set up and compliance. They also cover an array of other legal needs, such as filing a trademark application or drafting a contract. They will even connect you with an attorney within their network for more detailed legal work.

Incfile vs. LegalZoom – Which One to Choose

Incfile and LegalZoom are two of the biggest names in online legal services, so you will make a good choice either way. However, the best way to choose between Incfile and LegalZoom is to take a closer look at why you need legal services in the first place. Let’s say, if you just want to incorporate a business or file your small business taxes, then Incfile is a better and more affordable choice. However, if you want to access legal forms or anticipate needing an attorney on a regular basis, then it is advised that you try LegalZoom.

Choose Incfile if:

  • You are launching a new business and need formation and compliance assistance.
  • You do not foresee needing regular legal help.

Choose LegalZoom if:

  • You need legal help on a regular basis.
  • You want to draft contracts or other legal forms.

Bottom Line

Whether you opt for Incfile or LegalZoom for your small business start-up, in the end, you are already a step ahead. Legal services such as Incfile and LegalZoom make getting legal assistance for small business owners quick and affordable.

You can take care of basic business formation, business compliance and taxes all in one place. Additionally, on LegalZoom, you can customize legal forms for yourself or speak to an attorney.

Neither platform is a substitute for legal representation, but they both have the basics covered. Therefore, whatever decisions you are going to make, that would be the right one for you.

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