Incorporating your business can be a tricky task, especially if you’re unsure of what to do. Fortunately, there are various incorporation services out there that can help you incorporate with fewer issues and effort on your part.
For example, Northwest Registered Agent and MyCorporation are two of the top choices for online incorporation services in the industry. Both have their strengths and weaknesses, which can make it more challenging to choose which one is best for your company.
With that said, in this article, you’ll find everything you need to know to make a sound decision when it comes to choosing the best incorporation service for your business.
Northwest Registered Agent vs. MyCorporation:
Summary of Comparison
Listed below are vital aspects that summarize the comparison between the Northwest Registered Agent and MyCorporation.
|Price (Starts at)
|Northwest Registered Agent
Here, you will find the five key points necessary for determining which service will best fit you and your business’s needs.
Both services have their share of advantages and disadvantages in the incorporation industry.
- The overall pricing, feature, and service of both services.
- The company’s track record, along with its reputation and experience.
- The quality of the customer service for both companies.
- Order process and ease of usage for both services.
- The speed of formation for each service.
Overall Pricing and Additional Features
Northwest Registered Agent
Being one of the top-tier incorporation services out there, Northwest Registered Agent’s service and packages have a lot to offer to their clients. However, the basic package costs up to $225 plus the state filing fee.
This package includes a full-year service of a registered agent and LLC formation. This also includes operating agreements, name availability searches, fast LLC filing, and necessary filing and preparation for the organization’s articles.
Should you decide to continue with their service, you will need to pay an annual fee of $125. This will allow you to continue enjoying their registered agent services.
MyCorporation provides four sets of LLC formation packages, ranging from $89 to $324 + state fees. However, the downside is that they charge more if you want extra features.
For example, they charge an extra $34 for delivery or storage, something that some customers may find too steep. Moreover, other features like annual reporting services also require additional fees.
However, they offer registered agent services in their Deluxe and Premium packages, allowing you to save up to $120 annually.
While MyCorporation offers more variety in their packages, the prices tend to be steeper than Northwest’s, which is why the latter has the clearer advantage in this category. Northwest Registered Agent offers a much more affordable price point for their package, allowing businesses to manage their expenses better.
Company Track Record, Reputation, and Experience
Northwest Registered Agent
The Northwest Registered Agent was founded in 1998. Over the years, they have managed to help and support over two million businesses.
They handle up to 200 LLC formation and legal consultancies each day. Because of this, they are one of the well-known companies that supported and served millions of businesses and corporations over the past years.
Along with the large volume of clients, the feedbacks are all good, and clients express how satisfied they are with the company’s services and features.
MyCorporation was also established in 1998 and has managed to shape and handle over a million customers. Similar to Northwest, they tend to garner mostly positive feedback, a testament to their experience and quality services in the industry.
While Northwest has served more clients over the years despite starting the same year as MyCorporation, this category will have to be a tie. Both service providers have proven themselves to be highly experienced and capable, something that the many positive feedback on their services can attest to.
Customer Service Quality
Northwest Registered Agent
When it comes to their customer service, Northwest Registered Agent can be contacted via phone and email. However, you will need to wait around 24 hours to receive a response should you decide to tell them your concerns via email.
On the other hand, they tend to respond more quickly via their phone support. What’s great about it is that their agents put a lot of effort when answering inquiries, allowing them to resolve customer concerns appropriately.
They ask detailed questions that can help you remember any other information you may have forgotten during the call. Many of their customers appreciated the thoughtful responses.
MyCorporation, on the other hand, provides customer support via three methods – email, phone calls, and live chat. Via email, their customers can expect to receive a response to their inquiries within 24 hours.
However, the responses tend to be less than elaborate, making many of their customers feeling less than satisfied with their customer support.
For more immediate concerns, customers are advised to get in touch with them via phone call or their live chat feature.
This point will have to go to Northwest Registered Agent. Although the added live chat feature of MyCorporation is quite helpful, their representatives don’t elaborate their answers as much as Northwest’s agents do.
Ease of Use
Northwest Registered Agent
Northwest Registered Agent’s simplified ordering process is undoubtedly a plus point for customers. The entire process is streamlined, efficient, and user-friendly, which makes placing an order for their services a breeze.
You just need to enter the personal information and company data required before proceeding to pay the amount of the package that you had availed of.
After submitting the payment, you would only need to wait for the email or call of one of their representatives to walk you through the remaining process and things that need to be done.
One thing that you might also find reassuring about Northwest Registered Agent is the fact that they do not attempt to offer you any third-party partnerships and upsells.
The application form of MyCorporation seemed quick and easy enough to fill up. Their clients can input their details in just 10 minutes – from the very start of the page up to the final page.
You can also opt to select add-ons to your chosen package. However, what many don’t appreciate is that you have to go through several upsells before being able to pay for your selected add-ons.
This category can be considered a tie as both Northwest Registered Agent and MyCorporation. Both companies did well to optimize the ordering process for their clients, especially in the case of Northwest Registered Agent.
Speed of Formation
Northwest Registered Agent
Northwest Registered Agent sees to it that their formation speed is as transparent and fast as possible. When you sign up for their services, you can check out the estimated turnaround times for your state of formation on the very first page.
Aside from this, it also includes the standard and expedited processing times. This allows you to decide whether or not you can wait for the regular processing time or have it expedited. Northwest offers accelerated processing time, which means you can expect at least two delivery times when tracking your order.
In contrast, MyCorporation’s turnaround times aren’t as clear, making it confusing for clients to estimate just how long the process of forming their LLCs will take. The whole process can take a few days or weeks, depending on the business’s state of formation.
You can opt for expedited processing time, but this will cost another $100 on top of your availed package. Customers can get a refund but only if their orders are within 60 days of their initial purchase.
Northwest Registered Agent wins this round as they offer clearer and more realistic processing times than MyCorporation. Because of this, customers can have a better grasp on how long their incorporation process will take, allowing them to manage their expectations accordingly.
Conclusion and Recommendations
Both companies offer advantages and disadvantages to their companies. Still, they are considered among the top choices for incorporation services in the industry. However, while both are excellent options, you will still need to decide which service to avail of for your business incorporation needs.
Choose Northwest Registered Agent if:
- You prefer a package that includes year-round business formation support as well as a registered agent service.
- You prefer packages with minimal to no add-on features.
- You prefer to avail of and use the service for the long run.
Choose MyCorporation if:
- You prefer to be offered multiple features, services, and add-ons to pick from.
- You prefer to be offered multiple platforms with customer support and queries.
- You prefer a service that serves unique and detailed financial services.
Q: What advantages from each service can be considered helpful?
A: My Corporation’s most prominent advantage over Northwest Registry Agent is that they provide the most cost-effective preparation program with one year of their controlled annual reports.
Furthermore, MyCorporation will save you money with its starting price point of $133 if the customer doesn’t need a licensed agent operation.
Northwest has a significant benefit in the shape of its very customized customer service. Very few enterprises can compete in this field with Northwest.
Q: What is the best package for both services?
A: Northwest only has one bundle offered, which many consider on the more expensive side of price points. However, it is one of the better LLC packages available and integration packages.
Moreover, this bundle provides a year’s premium registered agent service from Northwest and access to that same spectacular customer assistance mentioned earlier.
Q: What are the refund policies of both services?
A: A good refund scheme exists for Northwest Licensed Agent. They offer discounts as long as their client applies for it within 60 days of the purchase date but charge a $25 processing fee.
For the same 60-day application cycle MyCorporation has a similar scheme. They charge a premium of $25 as well, even though only clients who requested or need improvements to paper filings will be charged.
Q: Which service offers help with publication service?
A: It is indeed sad that none of these businesses provides its clients with a publication service while, for anyone starting a company in these five countries, the Northwest Registered Agent comprises at least a collection of guidelines about how to meet your requirements.
You have to report your business formation in a regional newspaper in some countries. For example, for LLCs and companies, New York requires only publishing for LLCs. Pennsylvania and Georgia are only for enterprises. This requires publishing in Arizona and Nebraska.