My New Company Review
Detailed Reviews
MyNewCompany is one of the leading online incorporation services in
USA. The official site claims to have incorporated 40,000 businesses and
LLC formations. They have been doing this since as early as 2001 and
hold A+ rating from Better Business Bureau. They help you with all the
legal filing and paperwork related to incorporation but what really sets
them apart is the further guidance that they offer in order to protect
you against legal and financial liability.
Starting a Business Through MyNewCompany
The
first thing to decide while starting a new company or business is its
legal structure. Broadly speaking, there are 4 different structures you
can choose from: Doing Business As (DBA), Regular or C-Corporation,
S-Corporation, and Limited Liability Company (LLC).
Once you
decide upon the structure, choose a state, submit the information and
get an instant price quote. Usually, information needed for
incorporation include corporation name, corporation business purpose,
contact and shipping information, business address, registered agent
name and address, share and par value information, name of the officers,
name/address of directors, etc.
What's Included in the Incorporation Package?
There
are 3 different incorporation packages to choose from. All packages
include name availability search and filing of paperwork according to
the state chosen. Once the filing is done, you are provided with
corporate Bylaws and documents 'ready for signature'. After the
formation of the company, you are guided towards the final checklist
with step-by-step instructions for opening of bank account, getting a
State Tax ID, business license, and other necessary processes required.
The
standard filing speed in all the plans is 15 days but you can opt for
rush filing services in 8 business days with an additional fee of $50.
Services in all States of USA
This
is one distinct advantage you get with MyNewCompany filing services.
They have all 50 states covered along with DC. And in most of the
states, they have the experience of filing hundreds of documents.
Order Tracking and Management
MyNewCompany
uses BEMA, a simple and efficient online ordering system. As soon as
the status of your filing changes, it’s automatically updated in your
account and you also get an email confirmation. Your information is kept
in the system for future orders so that you don’t have to enter your
details again. Just login and check the status of your order anytime you
wish to.
Alerts and Notifications
There are
certain documents, like for instance Annual Report, that you need to
file periodically on a recurring basis. MyNewCompany sends out timely,
email alerts that serve as reminder well before the due date of filing.
Also, if you have subscribed to something that is billed on recurring
basis, they will start sending you alerts starting 30 days before the
renewal becomes due.
Filing Experience
Ever since
MyNewCompany started out their operations in 2001, they have
incorporated more than 40,000 companies and LLCs as per claim made on
their site. This huge industry experience is more than enough to give
you assurance that your incorporation and filing work will be taken care
of in the right manner. In the worst and rare scenario of your filing
being rejected, they will correct and follow up the issue till it is
accepted.
90 Day Refund Policy
MyNewCompany offers
100% satisfaction guarantee, and if anytime you are not satisfied with
their services, you can ask them to take corrective action or refund
your money. In case of refund, you should contact them within 90 days of
buying their services. The refund, however, does not apply to the fees
and money paid to the government and third party vendors.
Email and Phone Support
For
any help or support query, you can reach them either through email or
phone. They have a toll free number for US customers and a separate
direct number for international customers. You can also find answers to
most of your queries on their FAQ and knowledgebase pages.
Other Services
Apart
from their incorporation packages, the company offers many services to
assist small businesses. Some of the services includes virtual office
agent, business credit building, compliance check, annual report
filling, Articles of Dissolution, Articles of Amendment and many more.
Conclusion
MyNewCompany
is one of the oldest filing services out there. Their reasonably
priced, responsive services are great for entrepreneurs, attorneys and
other professionals alike.