Incorporating a business can be overwhelming, especially when it comes to picking the right registered agent or service to help you with the process.
MyCorporation is a well-known and trusted name brand in the industry having helped over a million businesses with incorporation. But does that make them the best choice for your needs?
Let’s dive into an in-depth review to help you decide.
MyCorporation Review: Key Features
- Business Formation Services:
- Offers four package tiers: Basic, Standard, Deluxe, and Premium.
- Prepares and files essential documents like Articles of Incorporation and name availability searches.
- Premium packages include additional filings and compliance tools like MaintainMyBiz.
- Additional Services:
- Registered agent services (starting at $120/year after the first year in Deluxe and Premium packages).
- Tax and payroll assistance.
- Business compliance tools such as annual reports and licenses.
- Intellectual property protection, including trademark and copyright filings.
- Ease of Use:
- Intuitive online platform with a step-by-step filing process.
- Custom tools like the Entity Choice Wizard to help users choose the right business structure.
- Customer Support:
- Available via phone, email, and social media.
- The CEO is accessible for inquiries via Twitter.
- Support is professional, though email responses can sometimes feel generic.
Pros and Cons of Choosing MyCorporation
Pros:
- Comprehensive Packages: Offers more add-ons than many competitors, such as income tax and unemployment insurance support.
- Ease of Use: The platform is user-friendly, with tools like MaintainMyBiz providing flexibility for ongoing filings.
- Reputation: Trusted provider with over two decades of experience.
- Customer Service: Highly rated for responsiveness and professionalism.
- Refund Policy: 60-day money-back guarantee on most services.
Cons:
- Higher Costs: Starting prices are higher compared to competitors like ZenBusiness and Incfile, which offer basic packages for free (plus state fees).
- Upsells: Numerous optional services can quickly drive up the cost.
- Turnaround Transparency: Processing times for filings aren’t always clear, even with expedited options.
- Limited Value in Lower Tiers: Basic and Standard packages lack features like registered agent services, which are often included in competitors’ entry-level options.
MyCorporation Pricing
| Package | Price (Excl. State Fees) | Key Features |
| Basic | $99 | Articles of Incorporation, Name Search, Document Storage. |
| Standard | $124 | Includes Basic features + Annual Report Service. |
| Deluxe | $224 | Includes Standard features + Registered Agent Service (first year free). |
| Premium | $324 | Includes Deluxe features + MaintainMyBiz (up to 4 filings in the first year). |
Note: A mandatory $34 shipping fee is added to all packages.
Who Should Consider MyCorporation?
Good Fit If:
- You want a single provider to handle both incorporation and ongoing compliance.
- You value customer support and need assistance beyond basic document filing.
- You require specialized services like unemployment insurance or trademark filing.
Not Ideal If:
- You’re on a tight budget and prefer free or low-cost LLC formation services.
- You’re looking for faster, more transparent processing times.
- You only need basic incorporation services without additional add-ons.
Final Verdict
MyCorporation is a solid choice for business owners who need a comprehensive service provider with an established reputation. Their tools and add-ons cater well to businesses with complex needs or those looking for long-term compliance support.
However, the higher cost and numerous upsells may deter budget-conscious entrepreneurs.
For those who want a feature-rich experience and don’t mind paying a premium, MyCorporation can be a reliable partner. But if you’re just starting out and looking for a budget-friendly alternative, services like ZenBusiness or Swyft Filings might be better suited to your needs.
