Starting a business is no easy feat. For many entrepreneurs, especially those outside the United States, the process of establishing a U.S.-based company can seem like an insurmountable challenge. This is where Firstbase.io comes in—a platform designed to simplify the complexities of company formation, compliance, and operations. Whether you’re an international entrepreneur or a U.S.-based founder, Firstbase.io promises to provide an all-in-one solution to get your business off the ground quickly and easily.
In this review, we’ll explore Firstbase.io in-depth, covering its features, pricing, pros, cons, real user feedback, and more to help you decide if it’s the right choice for your business.
What is Firstbase.io?
Firstbase.io is a digital platform designed to help entrepreneurs and startups easily incorporate and manage their businesses in the United States. The service is particularly beneficial for non-U.S. founders who need assistance navigating the complexities of forming a company in the U.S., setting up bank accounts, maintaining compliance, handling taxes, and other operational tasks. Founded in 2019, Firstbase.io has quickly become a popular choice among international entrepreneurs thanks to its user-friendly interface and its ability to handle everything from initial incorporation to ongoing business management.
Whether you’re looking to form a Limited Liability Company (LLC) or a C-Corporation (C-Corp), Firstbase.io simplifies the process and automates many of the time-consuming tasks associated with running a business. The platform is trusted by thousands of entrepreneurs worldwide and offers a wide range of services to help businesses stay compliant and grow.
Key Features of Firstbase.io
Firstbase.io stands out due to its comprehensive service offerings. Below are some of the most notable features:
1. Company Formation (LLC or C-Corp)
Firstbase.io allows you to form both LLCs and C-Corps in two of the most popular states for business formation: Delaware and Wyoming. While the platform provides a seamless process for company registration, it also takes care of all the essential legal paperwork, including the Operating Agreement and Bylaws. Firstbase.io automates the formation process, which makes it a great choice for entrepreneurs who want a fast and hassle-free way to set up their businesses.
Once your company is incorporated, you’ll receive all the necessary legal documents to ensure that your business is legally compliant. For international entrepreneurs, this feature is especially helpful because it eliminates the need to navigate complex legal frameworks and tax structures that can be difficult to understand.
2. EIN and U.S. Bank Account
One of the most significant hurdles for international entrepreneurs is obtaining a U.S. Employer Identification Number (EIN), which is essential for tax and legal purposes. Firstbase.io makes this process simple by helping you obtain an EIN from the Internal Revenue Service (IRS). Additionally, the platform allows you to set up a U.S. business bank account through their banking marketplace. This is crucial for entrepreneurs who want to maintain a U.S. presence and ensure their business can operate efficiently within the country.
3. Registered Agent and Compliance Services
All businesses in the U.S. are required to have a registered agent—someone to receive official communications from the state and other legal documents on behalf of the business. Firstbase.io includes registered agent services as part of its offering. These services ensure that your business remains compliant with state requirements, and the platform provides automated reminders for annual report filings and compliance deadlines, making it easier to stay on top of your legal obligations.
4. Mailroom Services and Business Address
Firstbase.io provides a virtual mailbox service that allows entrepreneurs to receive physical mail at a U.S. business address. This is particularly useful for international founders who want to maintain a U.S. address without the need for physical office space. The platform scans and uploads your mail, so you can review it from anywhere in the world. Additionally, Firstbase.io offers recycling and shipping services via major carriers like UPS and FedEx, further enhancing its virtual office solution.
5. Bookkeeping and Accounting
Running a business means dealing with bookkeeping and accounting tasks, which can be overwhelming for new entrepreneurs. Firstbase.io simplifies this process by offering AI-powered, human-managed bookkeeping services. The platform ensures that your financial records are organized and ready for tax filing. For more advanced accounting services, Firstbase.io also offers tax preparation, including corporate and personal tax filings, which can be especially valuable for entrepreneurs who need help navigating the complexities of U.S. tax law.
6. Payroll and Insurance Services
Firstbase.io simplifies the process of handling payroll for U.S.-based employees. The platform takes care of tax registration across all 50 states, ensuring that your business is compliant with payroll tax laws. Additionally, Firstbase.io provides access to insurance services, including general liability insurance and other startup-specific insurance products. This feature helps founders avoid high costs associated with Employer of Record (EOR) services, which are often necessary for hiring employees in the U.S.
7. Partner Perks
Another great feature of Firstbase.io is its extensive partner ecosystem, which provides access to more than $350,000 in perks. These perks include discounts on tools and services that are valuable for startups, such as equity management software, legal services, and payment processing tools. These partner rewards make Firstbase.io even more attractive for new entrepreneurs who are looking to reduce costs while getting access to high-quality business solutions.
Pricing Plans
Firstbase.io offers a straightforward pricing structure. Here’s an overview of the different plans:
Firstbase Start – $399 (One-Time Fee)
This entry-level plan provides all the essential services to get your business off the ground:
- LLC or C-Corp formation in Delaware or Wyoming
- EIN and U.S. bank account setup
- Essential legal documents (Operating Agreement, Stock Purchase Agreement, Bylaws)
- Lifetime customer support
- Access to partner rewards
This plan is ideal for entrepreneurs who only need the basics to start their business and want a one-time fee for incorporation without ongoing costs.
Firstbase One – $199/month (Billed Annually at $2,388)
The Firstbase One plan offers more advanced features for growing businesses that need ongoing support:
- All features included in the Firstbase Start plan
- Mailroom Premium service
- Registered agent and compliance services (Agent Autopilot)
- Accounting services
- Tax filing services
This plan is suitable for businesses that need ongoing compliance management, accounting, and tax services, as well as the ability to handle physical mail and documents.
Add-Ons
In addition to the base plans, Firstbase.io offers several add-ons that can enhance your business operations:
- Mailroom Premium: $35–$50/month
- Registered Agent (Agent Autopilot): $149/year per state
- Accounting services: $599–$5,990/month depending on company size
- Tax filing services: $1,799 per year
- Business insurance: Starting at $26/month
These add-ons allow you to customize your plan to fit the specific needs of your business.
Pros of Firstbase.io
1. Comprehensive Service Suite
Firstbase.io offers a wide array of services, from company formation to ongoing compliance and tax filing. This makes it a one-stop-shop for entrepreneurs who want to streamline the process of launching and managing their business.
2. User-Friendly Platform
The platform is designed to be intuitive and easy to use, even for entrepreneurs with no prior experience in legal or financial matters. Firstbase.io simplifies the entire process, from incorporation to ongoing maintenance, so that even non-technical founders can navigate the system with ease.
3. Global Support
Firstbase.io provides 24/7 customer support, making it an ideal option for international entrepreneurs who may need assistance in different time zones. The support team is knowledgeable and responsive, ensuring that entrepreneurs can get the help they need quickly.
4. Transparent Pricing
The pricing structure is clear and straightforward, with no hidden fees. While some add-ons can increase the overall cost, the base pricing plans are transparent and give entrepreneurs a clear understanding of what they’re paying for.
5. Access to Perks
Firstbase.io’s partner ecosystem offers over $350,000 in discounts and rewards for startups. These perks include credits for legal services, payment processing discounts, and equity management tools, all of which can save entrepreneurs money in the early stages of their business.
Cons of Firstbase.io
1. Additional Costs
While the base plans are relatively affordable, many of the advanced features—such as compliance services, accounting, and tax filing—are available as add-ons. These add-ons can significantly increase the overall cost of using Firstbase.io, which might be a drawback for startups on a tight budget.
2. Processing Times
Although most users report quick turnaround times, some have mentioned delays in processing, especially in high-demand states like Delaware. This could be a concern if you need to get your business up and running as quickly as possible.
3. Customer Support Variability
While many users praise Firstbase.io’s customer support, others have reported slow response times and generic answers. It’s worth considering that the quality of support can vary depending on your specific needs and the time of year.
Real User Feedback
Positive Reviews:
- “Easy, fast, and efficient!” – Many users appreciate the speed and efficiency of the company formation process. Entrepreneurs note that the platform saves time and hassle compared to handling the process themselves.
- “Great service and customer support.” – Firstbase.io’s customer support is often highlighted as one of its strongest features. Entrepreneurs appreciate the team’s responsiveness and helpfulness when troubleshooting issues.
Constructive Criticism:
- “Hidden Costs” – Some users have mentioned that they were caught off guard by the additional costs for services like compliance and accounting. This is something to keep in mind if you’re budgeting for your startup.
- “Slow Processing Times” – A few users have experienced delays in the processing of documents and other services, which could be frustrating if you’re on a tight timeline.
Is Firstbase.io Right for You?
Ideal for:
- International entrepreneurs looking to establish a U.S. presence
- Startups that need an all-in-one platform for incorporation, compliance, and operations
- Entrepreneurs who want access to a network of partner rewards and resources
Consider alternatives if:
- You’re looking for a more affordable solution with fewer features
- You prefer a more personalized approach with dedicated customer support
Final Thoughts
Firstbase.io is an excellent platform for entrepreneurs, especially international founders, who are looking for a simple, streamlined solution to launch and manage their U.S.-based business. While the platform provides a wealth of features that can help businesses stay compliant, grow, and scale, it’s important to be mindful of the additional costs for services like compliance and accounting.
Nonetheless, Firstbase.io offers a comprehensive solution that is particularly beneficial for entrepreneurs who want to save time and effort when it comes to managing the legal and operational aspects of their business.
If you’re willing to invest in the add-ons, Firstbase.io can be an incredibly valuable tool to help you build and manage your startup. For those who need a simple and user-friendly platform to get started, the base plan offers all the essentials. All in all, Firstbase.io is a powerful tool for modern entrepreneurs—if it fits within your budget and meets your business needs.
FAQ’s
What is Firstbase.io and how does it help entrepreneurs?
Firstbase.io is an all-in-one platform that helps entrepreneurs form, manage, and scale their U.S.-based businesses. It simplifies the process of incorporation, compliance, banking, accounting, and more, especially for international founders looking to establish a presence in the U.S.
How much does Firstbase.io cost?
Firstbase.io offers two main pricing plans:
- Firstbase Start costs $399 as a one-time fee and includes basic company formation services.
- Firstbase One costs $199 per month (billed annually at $2,388) and includes advanced services like ongoing compliance, accounting, and tax filing. There are also additional costs for add-ons like mailroom services and insurance.
Can I form an LLC or C-Corp with Firstbase.io?
Yes, Firstbase.io allows you to form both Limited Liability Companies (LLCs) and C-Corporations (C-Corps) in the U.S. It primarily supports formations in Delaware and Wyoming, two popular states for business incorporation.
Is Firstbase.io suitable for international entrepreneurs?
Absolutely. Firstbase.io is specifically designed to assist international entrepreneurs who wish to form a U.S.-based company. It helps with obtaining an Employer Identification Number (EIN), opening U.S. business bank accounts, and staying compliant with U.S. business regulations.
What services does Firstbase.io include in its pricing plans?
Firstbase.io’s pricing plans include various services such as business formation, EIN acquisition, legal documents, registered agent services, and customer support. The Firstbase One plan adds more features like ongoing compliance management, accounting, tax filing, and access to partner perks.
Are there any additional costs for services like compliance or accounting?
Yes, some essential services are available as add-ons. For example, ongoing compliance, accounting, tax filing, and insurance services come at an additional cost, which can vary depending on your business’s needs. Make sure to factor in these extra expenses when choosing your plan.