Honest Review Of Business Start Up Services-Business Services Advertising

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In this review, we’ll go straight to the point and go over the things you should know about BetterLegal such as:

  • The actual cost for BetterLegal’s LLC formation services
  • Expected turnaround time for formation
  • The reliability of BetterLegal, reviews from customers Support offerings, and much more

We’ll also provide an explanation of each of the other pertinent, formation-related services that BetterLegal provides.

Below is a quick summary of our findings. Below, you’ll read our full review that outlines our conclusions and also explains the essential information you need about BetterLegal.

Is BetterLegal the Right Choice for You?

BetterLegal is unusual among formation companies in that it offers only a single LLC creation and a single incorporation package. While this package has some amazing add-ons, like Operating Agreement or Bylaws drafting includes some unneeded services as well.

In general, we were amazed by the user-friendly website of BetterLegal and easy electronic filing. Prices of services provided were easy to find generally.

BetterLegal’s rates for recurring services, including registered agent service and annual compliance, were competitive. They also offered more filing add-ons than most other smaller competitors.

You can go to BetterLegal.com yourself, or, to learn more about the criteria we used to evaluate BetterLegal’s’ service Read on!

BetterLegal Quick Overview

It was founded in 2017 and is based at Austin, Texas, BetterLegal is a relatively tiny player in the business formation sector.

As with many of its younger peers, BetterLegal tries to emphasize its effectiveness. On their main webpage you’ll see the words:

We’re a 21st-century company that makes the process fast simple, affordable and cost-effective – without the unnecessary use of paper or time.

The company has impressive turnaround times and an easy-to-use website.

Like many other small company formations, however, BetterLegal uses third parties to provide many of its services, like their registered agent services. Additionally, they offer a variety of services through partner firms, including banks, online accounting firms, along with at least one other insurance company.

Although they concentrate on business formation, BetterLegal provides many other solutions for starting and running a business. The other services BetterLegal provides include:

  • Operating Agreement and Bylaws drafting
  • A permit and business license search service.
  • Services for compliance, which include the filing of annual reports
  • Amendment filings, such as the ones needed to alter your business’s name address, the state of operation, or member details

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BetterLegal Pricing

The pricing structure for BetterLegal’s formation is simple. Contrary to their competitors, which tend to offer a variety of different packages of formation, BetterLegal offers its formation bundle for one flat fee.

BetterLegal’s formation bundle is applicable to LLCs as well as standard corporation (C-corps). We’ll go over the services included. BetterLegal offers a range of other services, including annual subscriptions or fixed fees, related to business formations. We discuss those further down, in the “Services” portion of this review.

BetterLegal’s Formation and Incorporation Package: $299 plus state fees

BetterLegal’s single package for incorporations and formations is comparable to a lot of its competitors’ middle-tier options. It has more features than the typical basic formation.

For a set $299 fee, plus relevant fees for state, here’s what’s included:

Articles of Incorporation or Organization: These documents are the official way to establish your LLC or corporation with the state in which you reside. BetterLegal guarantees same-day filing and prompt return of your documents after your state has approved them.

EIN filing: EINs (Employer Identification Numbers) are utilized by the IRS to track businesses. The majority of companies require an EIN. Luckily, the process of filing one is simple. The whole process is online in just a few minutes via an online application on the IRS’s EIN filing web page.

Operating Agreement or Bylaws: The documents set out the guidelines concerning the way your corporation or LLC is to be run. Though not legally required in many states, we think they are important to all business owners.

Bank Resolution The document specifies who can establish a business bank account and perform other banking activities on behalf of a business. The document must be signed if you plan to open a bank account for your company.

Website: BetterLegal will provide you with a domain, and build a basic site or “online store with inventory management services.” Business owners may choose to upgrade to a paid plan at a later time.

Tax Analysis: Basic analysis of the company’s tax position performed by a third party partner of BetterLegal.

insurance evaluation: An evaluation of your business’s insurance needs along with the service options offered through a third-party partnership of BetterLegal, CHUBB Insurance.

We’ll provide more details about the overall value of this program in the next paragraph inside the post.

BetterLegal vs Competitors Pricing

Below, you’ll find our table which compares the formation costs of BetterLegal against those of its major competitors.

Prices quoted on this page are independent of BetterLegal’s pricing for packages. They are standardized for comparison against competitors.

We define Fundamental Formation, Full Form, and Full Formation + Website below in the table.

Cancellation policy

For information about the cancellation and refund policies of BetterLegal You must comb through a lot of the legalese on their Terms of Use page.

Here’s what BetterLegal states regarding the cancellation of their registered agent service:

To cancel the automatic renewal of your RA Service, you must notify BetterLegal of your intent to cancel by calling our Customer Service Line at (512) 969-2339, emailing us at email@betterlegal.com, or by canceling online through your account portal.

Though not explicitly mentioned, we assume this policy applies to other recurring-fee services like BetterLegal’s annual compliance service. Business Services Advertising

As for other fixed-fee services BetterLegal’s terms are simple: “All purchases through the Website are final and will not be refunded.”

 

BetterLegal Pros

Below are a few of the areas we believed BetterLegal was especially strong.

Fast turnaround times

BetterLegal provides information about its turnaround time on its main webpage. They offer same-day filing for all of their establishments, meaning you’ll be able to submit your Articles of Organization or Incorporation will be submitted to the state authorities within the same day as you file them with BetterLegal.

They also state that they’ll send you your documents within two days. It’s likely that this doesn’t account for actual state processes, and that can be several weeks – still, it appears that BetterLegal does everything in their power to get things moving as fast as they can.

Many reviews confirm BetterLegal’s claims. A number of reviews we read like that below review, mentioned the firm’s speedy turnaround on the formation process.

The same-day filing offered by BetterLegal is applicable to all their orders. You don’t have to shell out extra money to receive internal prioritization this is something that some of BetterLegal’s competitors charge extra for.

A quick turnaround time is often one of the most crucial factors for those starting new companies (the other is the formation cost), this is a big plus for BetterLegal.

Excellent reviews

BetterLegal is a tiny company We don’t have as many reviews to base our decisions on as we’d like. Still, what’s available is very solid.

BetterLegal sports a 4.8 rating out of 5. Trustpilot

They also have a 4.88 out of 5 on the BBB.

These are Better Business Bureau accredited as well, boasting the A grade.

The reviewers of BetterLegal seem to have nice opinions all over the board. They are pleased with the clarity of the company, turnaround time, and price (even though we ourselves aren’t convinced that their rates are very attractive).

Limited customer support

Smaller-sized formation companies are more likely to be nimbler, more efficient, and less expensive than larger companies. However, many small formation companies also lack the staff support that larger players have.

BetterLegal is no exception here.

Although the BetterLegal website offers an online chat option however, there’s no contact information to be located on their main page. To find these pieces of information, you’ll need go towards the end of the company’s Privacy page. There, too is no information on how often phone lines are open or the speed at which emails are responded to.

BetterLegal It seems that the company – like many of their peers – relies heavily on automation for their customer service.

The ideal scenario is that your order should go without a hitch. You’ll not need to call a service rep. There is the absence of a service rep’s availability as a major drawback however.

 

BetterLegal Services

Below, we’ll discuss some of the main formation-related services that BetterLegal offers. We’ll explain the reasons why and when you may need each service, and include BetterLegal’s prices too.

LLC Formation and Incorporation



$299 + State fees

BetterLegal can help you fill out and file the essential documents needed to form your LLC or for incorporating your company.

LLCs, also known as Limited Liability Companies, are one of the most popular businesses within the United States. They are more flexible and easy to manage than traditional corporations (C-corps) LLCs are able to meet lower requirements for recordkeeping and compliance. They can also confer some important tax benefits via tax pass-through.

Corporations face more complicated requirements, but they can provide some structural or tax advantages, depending on the size of your company and the industry you operate in.

If you’re unsure if you should go with an LLC or a corporation is the right kind of business for you, talk to an expert in small businesses or an accountant who is certified.

Both LLCs and corporations are created by state law, usually with a given state’s Secretary of State Office.

Every state has their own regulations and rules for the establishment of LLCs. Getting informed about all the processes and laws applicable to your state could be a major time sink.

A majority of business owners who are new hire the services of a formation company, such as BetterLegal to fill in and file their paperwork for them. For LLCs, this means filling out Articles of Organization. For corporations, it means filing Articles of Incorporation.

Within their normal formation bundle, BetterLegal will file your documentation and send it to relevant state authorities. The procedure is straightforward and is completed online. You’ll just be asked some simple questions about your company, e.g., its name and its owner(s) as well as member(s), its industry and address. Business Services Advertising

BetterLegal will also conduct an easy name check to ensure your LLC or corporate name isn’t already taken (which can result in an application being rejected).

As we noted in the upper part of this description, BetterLegal’s $299 formation price does not include fees for filing with the state, which may range anywhere from $40 – $500, according to the state in which you’re filing.

EIN Filing



It is included in the formation package

An EIN, also known as an Employer Identification Number, is a type of tax id that most new companies will require to get. Assigned by the IRS, EINs are legally mandatory for businesses that have employees. They’re also required if you want to start your own business bank account.

It’s easy to think of your EIN as sort of being like your business’s Social Security Number. Each is unique, and is used by the IRS to keep track of the activities of your business.

The good news is that getting an EIN is a very easy procedure. You can apply online, through the IRS’s EIN application page, in just few minutes. Simply fill in a few lines of info on your business and you’ll get an EIN automatically.

Because the process of filing an EIN is so quick and easy, we advise against any fee-based EIN filing service. Unfortunately, while most companies give you the option to file for your EIN at a cost (or within a larger formation bundle), BetterLegal automatically includes EIN filing as part of the only formation package.

You can eliminate EIN filing from your basket at checkout, but it won’t reduce the cost of filing at all. We’re not thrilled that BetterLegal “builds in” the cost of EIN filing and doesn’t give customers a discount for removing this unneeded service.

Operating Agreement or Bylaws



In the Formation package

A Operating Agreement is among the most important legal documents that can be used by an LLC. Operating agreements outline the basic rules of how an LLC is run. They generally contain information like:

  • Who the LLC’s owner(s) or member(s) are and how ownership is distributed among them
  • Who and how who will manage the LLC will be managed
  • How are profits to be distributed
  • What do you do when an owner or member leaves or passes away
  • …plus other crucial informational

There are only a handful of states that such as California, Delaware, Maine, Missouri, and New York – legally require that you have the Operating Agreement. And, even with these, you don’t need to file an agreements with state authorities. you’re just required to keep it on hand.

Even so, we recommend that all LLCs, across all states, write operating Agreement and keep it in their possession.

An Operating Agreement establishes your LLCs security of liability. Since liability protection is an important benefit of LLCs It’s not a good idea to ignore them.

Operating Agreements can also assist by providing direction during unplanned events. It is unlikely that you enter into business expecting a partner to quit or a dispute over profits to arise , but having a pre-written document on hand can help you get through such situations more efficiently.

If you’re in the process of incorporating rather than making an LLC, then you’ll need corporate Bylaws instead of an operating agreement. Corporate Bylaws operate similar to operating agreements, and offer similar advantages to operating agreements.

As part of their main setup package, BetterLegal will help you to draft a legal Operating Agreement or Corporate Bylaws.

Banking Resolution



Included with Formation package

A banking resolution is a essential, yet simple document. The resolution of a bank outlines the member(s) within an LLC have the power to establish a business bank account as well as participate in various banking-related activities.

Banks require you to submit a banking resolution at the time of opening a business banking account.

As part of their formation process, BetterLegal will prepare a bank resolution for your business. All you’ll have to do is provide them with the information needed to determine who’s eligible to open and/or access a bank account in your LLC’s name.

Website services



It is included in the form package

BetterLegal is among a handful of formation firms that offer a web domain along with their formation packages. Unfortunately, details on the service are scarce.

The main page of their package says that you’ll be able to “Set up a free website or online store with inventory management.”

However, there’s evidence of upselling in this area too in the following paragraph is: “As your business grows, transition to a paid plan to unlock more features and customization.”

BetterLegal includes a GoDaddy ribbon on their main webpage However, the company directly state who its third-party domain hosting partner is. It’s not even a name that is listed in the company’s terms of service.

We’re all about openness, but we’re not happy with the BetterLegal experience here. In any case, we always recommend going directly to a domain hosting service or builder of business websites.

Plenty of companies are specialists in these areas There’s no reason to purchase these services through a business formation.

Registered Agent Service



$90 per calendar year, or $10.00 for each month

All LLCs and corporations must have an authorized agent. While it sounds like a fancy phrase, the role of an agent registered with the government is simple – they receive official correspondence and serve procedure (legal notices, like lawsuits) for the benefit of the company.

Registered agents must be present during working hours, and they must be located in the same state in which your LLC or corporation is based.

Being able to properly receive official correspondence and being able respond promptly is vital.

If you fail to comply with a compliance notification from the federal or state government, your business may lose its good standing or be assessed penalties or fees, or be dissolution. And if you don’t respond to a court order and you miss your court date, your case can be automatically forfeited.Business Services Advertising

A registered agent on the ball This is why it’s crucial.

Technically, you can be the company’s registered agent. There are numerous reasons why business owners choose to utilize a registered agent service.

We suggest using the registered Agent service in the following situations:

  • You travel frequently and are not always at one address
  • You aren’t a resident in the United States
  • Your business is operating in several states.
  • You don’t want your personal information and address to be made publicly made available

Like most other formation companies, BetterLegal offers a registered agent service. And, like most smaller formation firms, BetterLegal contracts this service out to a third-party.

BetterLegal’s full terms of service can be found here.

If you are able to bypass the transparency issue, BetterLegal’s registered agent service actually comes at a great price. You can pay either 10 dollars per month, or $190 for the year. This latter price is extremely cost-effective – many big names in the business charge $150 per year or more.

BetterLegal’s registered agents service is also an add-on – it does not come with their basic formation package. This makes them an outlier, as numerous competitors offer registered agent services as part of their formation packages, usually with the first year of registration for free.

Business License Search



$125

Based on the kind of business you manage and the industry you’re operating in, and where you’re based, you may require several or even a number of permit and licences. They may be required at the state, local or federal level.

Licenses can be quite a hassle to manage, but they’re absolutely necessary. If you’re in violation with the law, you could be handed an enormous fine, or even get your business shut down temporarily or even dissolved completely.

Finding out what licenses and permits are applicable to your particular business will require quite a bit of research. Instead of wading through tons of legalese and red tape your own, you can engage a company like BetterLegal to conduct the search for a business license.

Lots of formation companies provide this service. You’ll enter info on your business, and BetterLegal will do a comprehensive search, compiling all the permits and licenses pertinent to your business and giving guidelines on how to fill them out.

Note that BetterLegal does not make these filings for you; it offers the tools and information to file them yourself. This can still be an enormous time saver, especially for highly-regulated businesses.

Annual Compliance



$90 per calendar year, or $10.00 for each month

The majority of state governments require LLCs and corporations to submit some form of annual report. Usually, these reports aren’t too complicated or thorough. They’re simply an avenue to monitor the state’s position on the companies operating within their area of responsibility.

Your deadline filing report may be set (e.g., all businesses are required to file their annual report by December) or based on your business’s formation date (e.g. in the event that you formed in August of 2021, you’ll file an initial annual report by August 2022). Some states only need you to submit a report once every two years.

The annual report you file may seem like a burden but it is a necessity and shouldn’t be a snooze. If you don’t complete your report by the deadline you could be charged a fee or lose your good standing with the state.

Many formation services, including BetterLegal, offer annually-based compliance programs. For a monthly or yearly cost, BetterLegal will send you reminders about your annual report deadline. Then, once you’ve entered all the necessary information the firm will draft your annual report and mail it to the state on your behalf.

Most states have a nominal (under $100) fee for filing annual reports – BetterLegal will collect the fee from you and send it on to the relevant agency.

Third-Party Offerings



Included with formation package

BetterLegal also offers a limited selection of third-party services in their formation program.

Business Checking: You’ll be set up with a no-fee, no-minimum online business bank account. The account will be linked to debit cards to the account. You’ll be able to issue physical checks using an online bank account.

Tax Analysis: Analysis and advice from the “leading virtual tax service”. It’s unclear how deep the analysis is, and what kinds of questions you’ll have the ability to ask.

Assessment of Insurance: An evaluation of your business’ specific insurance needs. The insurance services are provided through a BetterLegal Partner, CHUBB Insurance, which is located within New Jersey.

Payroll Benefits, Payroll, and HR Platform The most comprehensive service that, unlike other offerings, does not come free in your formation packages. A variety of options are covered, all offered by third parties.

While it’s certainly possible that some business owners will gain value from these services, we tend to stay clear of “offers” like these. Most of the time, these services offer companies the chance to sell their products to partners.

We recommend going directly to experts for payroll, tax, insurance and HR needs.

In the case of bank accounts, it’s generally beneficial to use an institution that has an established relationship with. If you don’t have a financial institution which fits this description for you, the BetterLegal partner offer may be an attractive one.

Additional Filing Services



Prices vary

BetterLegal also provides a range of filing services for one-time use that are not included with the main formation package. We’ve identified the ones which we think will be the most useful to new business owners and BetterLegal’s fixed-fee for each.

Foreign LLC that is domestic The LLC’s home state from one state to another, $299

Reinstate LLC or a corporation: Reinstates an LLC or corporation that had previously been dissolution and is worth $199.

Terminate LLC or corporation: Legally dissolves an LLC or corporation for $199.

Get a Certificate of Good Standing: Get a certification from the business’ home state showing that you have a current status with all your expenses and are in compliance with the state permit and license laws, $25.

Register foreign LLCs in a new state. allows an LLC that was established by a state in another to legal operate in another state. Also known as “Foreign Qualification,” this procedure typically involves submitting a “Certificate of Authority” – in essence, a permit conduct business in a particular state. The cost is $199.

Change your principal workplace address Your business’s address is changed from that in your Articles of Organization or Incorporation to a different address. $99

Remove or add directors, members as well as shareholders. Changes the official status of your business’s information to reflect changes in its members, directors or shareholders. Cost: $99

Since BetterLegal has solid reviews, an easily navigable site and a solid track record on turnaround times We’re confident in recommending these services.

The majority of new business owners would prefer to do their startup filing and add-on filing all in one place, so we recognize this advice isn’t for all.

If you want to learn more about the competition’s offers, check out some of the reviews on this site!

BetterLegal FAQs

What can BetterLegal do?

BetterLegal’s primary focus will be LLC registrations, formations, and incorporations. They also, though, provide a variety of options for the formation and operation of businesses, including business license searches as well as registered agent service. compliance services, as well as amendment filing services.

How much does it cost to form an LLC through BetterLegal?

BetterLegal’s LLC formation package costs an affordable $299, which includes state fees. This package comprises Articles of Organization and an Operating Agreement but does not include a registered agent service.

Is BetterLegal legit?

Yes. The company has been operational since 2017 It is Better Business Bureau accredited. BetterLegal also boasts an A+ BBB rating as well as an outstanding customer review average on Trustpilot.

Who do you think BetterLegal the best choice for?

BetterLegal is best for those who want to pay a bit extra to get a quick, reliable LLC registration and incorporation.

What are the advantages of the use of BetterLegal?

BetterLegal offers easy online forms and offers excellent turnaround times. However, the company’s formation program is a bit pricey. BetterLegal is also outsourcing a number of its services to third-party partner companies.

What states does BetterLegal serve?


BetterLegal is available to all 50 states.

Our Conclusion

We recommend BetterLegal to amyone looking for a solid and quick buisness formation service. BetterLegal has a proven lightning fast turnaround, mostly a day or two, and very up front pricing on all services. They are also very well rated on the better business bureau. Business Services Advertising

While some larger competitors may have some services included in packages, such as registered agent etc, all things considered this is a great deal for anyone looking to do a business formation fast and easy.

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