Starting a business is one of the most exciting and fulfilling journeys you can embark on. However, before you can bring your ideas to life, there are crucial legal steps you must take to ensure your business is properly set up and protected. One of the most important steps is forming a Limited Liability Company (LLC), which offers personal liability protection, tax benefits, and a more professional image for your business.
While you can technically handle the process of forming an LLC on your own, many entrepreneurs prefer to use LLC formation services to make the process quicker, simpler, and more efficient. With the help of these services, you can focus more on growing your business rather than getting lost in paperwork and legal jargon.
One such service provider is CorpNet, a family-owned business formation company that has been helping entrepreneurs navigate the LLC formation process since 1997. With over 100,000 successful formations, CorpNet has earned a solid reputation in the business services industry. But with so many LLC formation services available today, how do you know if CorpNet is the right choice for you?
In this review, we’ll take an in-depth look at CorpNet, evaluating its services, pricing, customer support, and overall experience. We’ll compare it to other popular services in the industry to help you determine if it’s the best option for your business needs.
Whether you’re just starting out or looking to expand your business, understanding the ins and outs of LLC formation services like CorpNet can save you time, reduce stress, and ensure your business gets off on the right foot.
The process of setting up an LLC may seem daunting, but with the right service provider, it doesn’t have to be. CorpNet’s mission is to make the formation process as simple and affordable as possible. By breaking down the process, providing transparent pricing, and offering valuable customer support, CorpNet is a solid choice for entrepreneurs who want to get their business legally established without hassle. Let’s dive deeper into what CorpNet offers, how it works, and whether it lives up to its promises.
Ask ChatGPTStarting a business is one of the most exciting and fulfilling journeys you can embark on. However, before you can bring your ideas to life, there are crucial legal steps you must take to ensure your business is properly set up and protected. One of the most important steps is forming a Limited Liability Company (LLC), which offers personal liability protection, tax benefits, and a more professional image for your business.
While you can technically handle the process of forming an LLC on your own, many entrepreneurs prefer to use LLC formation services to make the process quicker, simpler, and more efficient. With the help of these services, you can focus more on growing your business rather than getting lost in paperwork and legal jargon.
One such service provider is CorpNet, a family-owned business formation company that has been helping entrepreneurs navigate the LLC formation process since 1997. With over 100,000 successful formations, CorpNet has earned a solid reputation in the business services industry. But with so many LLC formation services available today, how do you know if CorpNet is the right choice for you?
In this review, we’ll take an in-depth look at CorpNet, evaluating its services, pricing, customer support, and overall experience. We’ll compare it to other popular services in the industry to help you determine if it’s the best option for your business needs. Whether you’re just starting out or looking to expand your business, understanding the ins and outs of LLC formation services like CorpNet can save you time, reduce stress, and ensure your business gets off on the right foot.
The process of setting up an LLC may seem daunting, but with the right service provider, it doesn’t have to be. CorpNet’s mission is to make the formation process as simple and affordable as possible. By breaking down the process, providing transparent pricing, and offering valuable customer support, CorpNet is a solid choice for entrepreneurs who want to get their business legally established without hassle. Let’s dive deeper into what CorpNet offers, how it works, and whether it lives up to its promises.
What Is CorpNet?
CorpNet is an online platform that helps entrepreneurs form LLCs, corporations, and other types of business entities. It has been around since 1997 and is a family-owned business founded by Philip and Nellie Akalp. They have successfully helped over 100,000 small business owners navigate the often complicated process of setting up their companies.
CorpNet offers a variety of services to help entrepreneurs at different stages of their business journey, from registering an LLC to handling compliance issues. They are known for providing high-quality customer service and affordable pricing compared to other LLC formation services in the market.
CorpNet’s Key Services
Before we dig into customer feedback and pricing, let’s take a closer look at the core services CorpNet offers.
1. LLC Formation
CorpNet’s LLC formation services cover everything you need to legally establish your business. This includes filing the Articles of Organization, obtaining an Employer Identification Number (EIN), and registering your LLC in the state of your choice. CorpNet also helps ensure that your business name is unique and available in your state.
2. Registered Agent Services
Every LLC must have a Registered Agent. A Registered Agent is someone who receives important legal documents on behalf of your LLC, such as service of process and tax notices. CorpNet provides this service, which is included in their LLC formation packages for the first year. After the first year, you’ll need to renew your Registered Agent services for an annual fee.
3. EIN Acquisition
An EIN (Employer Identification Number) is required for tax purposes, especially if you plan to hire employees or open a business bank account. CorpNet will help you obtain an EIN as part of their LLC formation services, saving you the hassle of doing it on your own.
4. Operating Agreement Drafting
An Operating Agreement is a document that outlines how your LLC will operate, including the roles of members and managers, distribution of profits, and procedures for handling disputes or dissolutions. While not required in all states, CorpNet offers to draft this document for you, which can help you avoid potential conflicts down the road.
5. Business License Research
Depending on the nature of your business, you may need certain licenses or permits to operate legally. CorpNet will help you identify what types of business licenses and permits you may need based on your location and business activities.
6. Compliance Monitoring
Once your LLC is set up, maintaining compliance is key to avoiding penalties and staying in good standing with the state. CorpNet offers compliance monitoring services that help you keep track of important deadlines, such as filing annual reports and renewing business licenses.
CorpNet Pricing
One of the key factors people consider when choosing an LLC formation service is the price. CorpNet offers three main pricing plans for LLC formation:
1. Basic Package ($99 + State Fees)
The Basic Package is the entry-level option and is perfect for those who just need the essentials to form their LLC. It includes:
- Name availability search
- Preparation and filing of the Articles of Organization
- Free 60-day Registered Agent service
This package does not include an EIN or Operating Agreement. If you need these, you’ll have to purchase them separately.
2. Deluxe Package ($219 + State Fees)
The Deluxe Package offers more features for business owners who need additional services to help with their LLC formation. In addition to everything in the Basic Package, the Deluxe Package includes:
- EIN (Employer Identification Number)
- Operating Agreement drafting
- One year of Registered Agent service
This package is ideal for those who need a little more than just the basics to get their LLC up and running.
3. Complete Package ($269 + State Fees)
The Complete Package is the highest tier and includes everything you need to set up your LLC and maintain compliance long-term. This package includes:
- Everything in the Deluxe Package
- LLC Kit and Corporate Seal
- Compliance monitoring tools
- Business license research
- Customized LLC operating agreement
If you’re looking for the most comprehensive LLC formation service that includes all the bells and whistles, the Complete Package is the way to go.
CorpNet’s Customer Service
One of the standout features of CorpNet is its customer service. The company is known for being highly responsive and helpful, which is especially important when you’re starting a business and might need assistance navigating the formation process.
CorpNet offers several ways to get in touch with their customer service team, including phone support and email. The customer support representatives are knowledgeable and can guide you through every step of forming your LLC, making them a valuable resource for first-time entrepreneurs.
The company also offers a 100% satisfaction guarantee, so if you’re not happy with their services, they will refund your money within 30 days. This guarantee adds an extra layer of confidence for those who may be hesitant about using an online service to form their LLC.
CorpNet’s Pros
1. User-Friendly Platform
CorpNet’s website is simple and intuitive, making it easy for even first-time business owners to navigate the process of LLC formation. The platform provides clear instructions at every step, so you never feel lost or confused.
2. Fast Turnaround Time
Once you submit your LLC formation documents, CorpNet processes them quickly. Many customers report that their LLC was formed within 24 hours of submitting their order, making this service ideal for entrepreneurs who want to get their business up and running fast.
3. Comprehensive Services
From LLC formation to compliance monitoring, CorpNet offers a wide range of services to support entrepreneurs throughout the life of their business. This one-stop-shop approach means you can rely on CorpNet for a variety of needs, rather than juggling multiple service providers.
4. 100% Satisfaction Guarantee
If you’re not satisfied with CorpNet’s services, they offer a 30-day satisfaction guarantee. This promise reduces the risk of trying out their services, as you’ll get your money back if you’re unhappy with the experience.
5. Affordable Pricing
While CorpNet’s pricing is slightly higher than some of its competitors, many customers find the value they receive justifies the cost. The company offers transparent pricing, and there are no hidden fees or surprise charges.
CorpNet’s Cons
1. Higher Pricing Compared to Competitors
While CorpNet offers great services, its pricing is higher than some other LLC formation services. Competitors like ZenBusiness and IncFile offer free LLC formation with the option to purchase add-ons, while CorpNet’s Basic Package starts at $99 plus state fees.
2. Limited Customer Support Hours
CorpNet’s customer support is available Monday to Friday from 7 a.m. to 5 p.m. PST. While these hours are adequate for most, entrepreneurs who need support outside of these times may find this limitation inconvenient.
CorpNet vs. Competitors
When it comes to LLC formation services, CorpNet is certainly not the only player in the game. Let’s compare it to a few of its biggest competitors:
CorpNet vs. ZenBusiness
- Pricing: ZenBusiness offers a free LLC formation package, with state fees and add-ons like Registered Agent services available for an additional cost. CorpNet’s pricing starts at $99, making it a more expensive option.
- Services: Both companies offer similar services, including LLC formation, EIN acquisition, and Registered Agent services. However, ZenBusiness provides a more affordable basic plan.
- Customer Support: Both companies provide excellent customer support, but CorpNet has slightly longer hours of operation.
CorpNet vs. LegalZoom
- Pricing: LegalZoom’s pricing is higher than CorpNet’s, with their basic LLC formation package starting at $79 plus state fees. However, they also charge for many add-ons that CorpNet includes in its higher-tier packages.
- Services: LegalZoom offers many additional services, such as legal consultations and trademark services, but these come at an additional cost. CorpNet is more focused on LLC formation and compliance services.
- Customer Support: Both companies have strong customer service teams, but LegalZoom has more extensive support options, including 24/7 availability.
Final Verdict
CorpNet is a reliable and reputable LLC formation service that provides a range of helpful services for entrepreneurs. With a strong track record, user-friendly platform, and excellent customer support, it’s a great choice for anyone looking to form an LLC.
However, CorpNet’s pricing is higher than some of its competitors, and its Registered Agent fees can add up over time. If budget is a concern, there are other services, like ZenBusiness, that offer similar services at a lower cost.
If you value comprehensive service and a satisfaction guarantee, CorpNet is definitely worth considering. Just be sure to evaluate your needs and compare pricing with other services before making a decision.
FAQs
Is CorpNet a legitimate company?
Yes, CorpNet is a legitimate, family-owned business that has been operating since 1997 and has assisted over 100,000 entrepreneurs.
Does CorpNet offer a refund if I’m not satisfied?
Yes, CorpNet offers a 100% satisfaction guarantee. If you’re not satisfied with their services, they promise a full refund within 30 days.
Can I form an LLC on my own without using a service like CorpNet?
Yes, you can form an LLC on your own by filing directly with your state’s Secretary of State office. However, using a service like CorpNet can simplify the process and ensure all necessary steps are completed correctly.