Do you want to incorporate a business but don’t know where to begin? Well, there are numerous incorporation services like Northwest Registered Agent and Corpnet that can handle the paperwork for you.
But which among the two is the best incorporation service for your business formation needs? Below is a comprehensive review that seeks to highlight the important details and differences of each service to help you make an informed decision.
Key Comparison Points
In this comparison of Northwest Registered Agent and Corpnet, we will consider 5 main factors. They include:
- Overall pricing and value
- Company track record & experience
- Customer Service
- Ease of Use
- Speed of Formation
Overall Pricing and Value
Pricing does play a key role when making your decision on the best incorporation service. However, you don’t want to settle for the cheapest nor the most expensive option, but one that caters to your requirements.
Northwest Registered Agent:
Although Northwest offers a great incorporation package with impressive features, their services are pretty high compared to other services in the business. Starting at $225 plus state fees, entrepreneurs that are on a tight budget might not get much value from their package. Besides, they only offer one incorporation package, limiting the ability to choose.
Nonetheless, we were impressed by the features of this package and the fact that it comes with a full year of registered agent service. After one year, the company offers the registered agent service at $125/per year, which is quite reasonable compared to what is offered by other companies.
Corpnet offers three packages; the Basic package that starts at $108 (plus state fees), Deluxe package that goes for $228 plus state fees) and the Complete package that goes for $278 plus state fees. Unlike Northwest, the Basic package only comes with a 60-day trial of registered agent service.
Verdict: The winner for this category is Northwest. Although their package is on the expensive side, it comes with a full year of registered agent service. This is unlike Corpnet’s 60-day registered agent service trial.
Company Track Record & Experience
For most business owners, the reputation of the incorporation service matters. With a company that has a great track record and experience, you can be assured that they will provide exceptional services and be with you in the long run.
Northwest Registered Agent:
Northwest Registered Agent began offering their services in 1998 and has formed over two million businesses. This company has a solid reputation when it comes to providing LLC formation services and other legal services.
The company has an A+ rating on Better Business Bureau and most of their online customer reviews are positive, although the reviews are not that much. Most of the positive customer reviews praised their customer support and efficient services.
Corpnet was first launched in 2005. Nonetheless, the founders, Philip and Nellie Akalp, started to offer corporation and LLC formation services in 1997. During this period, the duo managed to form over 100,000 companies. With over 20 years in the industry, Corpnet has the experience needed in the industry.
Additionally, the company has an A+ rating with BBB and zero BBB complaints. Corpnet also scored 5 stars on Trustpilot’s customer satisfaction survey. The company also has hundreds of customer reviews on the internet, with most of them having 4 or 5-star ratings.
Verdict: For this category, it is a tie for both companies. There is not much difference when it comes to their experience, and they are certainly among the most experienced companies in the industry. Northwest Registered Agent has garnered more marks when it comes to reputation and track record while Corpnet shines when it comes to the number of positive customer reviews.
Northwest Registered Agent:
One of the greatest strengths of Northwest Registered Agent is their tremendous customer support. Its customer support is undeniably the best in the industry. The company utilizes a Corporate Guide system, where each client is assigned a knowledgeable representative to serve their company throughout in life with the company.
These representatives are always available and you can reach out to them at any time, whether you have a question or concern. They are conversant with the documentation and you can be assured that you or your business won’t get into any legal problem.
Other than phone support, Northwest Registered Agent also offers email support. Although the response on this communication channel can take about 24 hours, you can be assured of a detailed and accurate response.
Corpnet have not been left behind when it comes to providing good customer support. If you have a question or concern, you can reach the customer support team via phone, chat or email. Their representatives are knowledgeable, friendly, and courteous.
Besides, provides bilingual support, making them stand out from most companies in the industry. This feature works quite well, especially for Spanish-speaking customers.
Verdict: Northwest Registered Agent takes the win for this category. Although Corpnet’s is one of the best in the market, it cannot match up to that of Northwest. With Northwest, you are assured of functional and reliable customer support that is available on all weekdays. We were especially impressed by their Corporate Guide system.
Ease of Use
When you are looking for an incorporation service to form your company, it’s important to ensure that their formation process is simple and quick.
Northwest Agent Service:
Northwest has ensured to make the formation process for their clients as fast as possible. The application process is quick and straightforward and you will be done in just a few steps. After filling in your personal and business details and making payment, you are done.
To ensure ease of use, Corpnet’s website is well-designed and users can navigate without much difficulty. Plus, the company provides simple instructions for using their products. The company will display your overall price in real-time during the ordering process.
We thought that this was a very impressive feature because you will have an idea of how much you will be paying before you fill in your business information. To complete the purchase, you will then need to make your payment.
Verdict: There is no winner for this category. Both incorporation services have a simple and straightforward application process. We have also noted that none of the two companies will overload you with upsells or additional options, which are always costly.
Speed of Formation
In business, time is money. The last thing you want to do is wait for a long time for your company to be formed. Hence, you should ensure that the company you choose has quick turnaround times.
Northwest Registered Agent:
Due to their extensive experience, Northwest Registered Agent helps form businesses in a short period of time. What is even striking is that they display the turnaround time on the screen once you have selected your state.
Besides, they offer expedited service at an extra fee, for those that want a quick turnaround time. They will also provide this turnaround time on the order form.
The turnaround time of document preparation for Corpnet’s top to packages is 24 hours. Corpnet displays the turnaround times for both the standard and expedited service on the screen where you select the packages.
Our Winner for speed of formation is Northwest. Northwest offers quick turnaround times for their incorporation service in most states compared to Corpnet. For instance, Corpnet guarantees a standard turnaround time of 15 to 20 days for Indiana, while Northwest guarantees a turnaround time of 5 days.
It was undoubtedly a very close battle between Northwest Registered Agent and Corpnet. Both companies have their own advantages that make them stand out from the other. Nonetheless, we believe that Northwest is one of the best options for incorporation services in the industry.
This is thanks to their exceptional customer support, a great reputation, first turnaround time, and ease of placing an order. Plus, they offer a one-year free registered agent service.
Nonetheless, you can still opt for Corpnet, depending on your unique needs and requirements. This company is also great in terms of overall value and the high volume of positive customer reviews.
Do any of these companies have a refund policy?
Yes, both companies have refund policies. However, the policies differ with each company. With Northwest, you can get a refund after sending a request within 60 days of the original purchase. However, they charge a processing fee of $25. It is also worth noting that their refund policy is not very straightforward.
On the other hand, Corpnet offers their customers a full refund after a 60-day period, without charging any processing or canceling fee. They focus more on satisfaction guarantee to give their clients peace of mind.
If I want ongoing compliance maintenance, which company should I choose?
Both companies certainly help with ongoing maintenance. However, the help with ongoing compliance maintenance offered by these services differs.
Northwest offers a full year of premium registered agent service for all their incorporation and LLC packages. After that, they offer the service at a cost of $125 per year. Northwest also offers an annual report service at a cost of $100.
On the other hand, Corpnet offers their registered agent service at $149 per year, which is considerably higher than Northwest. Nonetheless, their annual report service comes at a reasonable price of $69.
Therefore, if you have ongoing compliance maintenance needs, you can compare both services and choose one that fits your preference.
Can I get publication service from any of these incorporation services?
It is a requirement in some states such as Pennsylvania, Georgia, Nebraska, and Arizona for companies to make the publication of their formation in a regional newspaper. If you are in any of these states, then you will need to consider companies that offer publication services.
Of the two companies, Corpnet is your best option for publication service. Unlike Northwest, which only provides instructions for completing the publication, Corpnet will take it upon themselves to publish your company’s formation.
Which if the two companies offer the best incorporation package?
When it comes to Northwest, there is one package available to purchase. While this may be limiting for some, this package is valuable and is filled with impressive features to help with your formations. Plus, the package includes the registered agent service that is free for one year and comes at a cost of $125/per year after that.