If you came up with about ten different things, then you’re absolutely right. Starting a business is challenging and requires you to do so many different things. That’s why new ventures often look to companies like Swyft Filings to take care of the legal incorporation process so they can focus on the actual business part of things.
With their help, you can create a legal entity to build a solid foundation for whatever amazing idea you’ve dreamed up.
What is Swyft Filings? How much does it cost? And do you even need a business incorporation service? Discover all this and so much more in this ultimate Swyft Filings review.
What Is Swyft Filings?
Swyft Filing is a web-based legal service that helps people form small businesses in the US quickly and easily. Over the last eight years, they’ve gone on to help tens of thousands of businesses around the country.
With them, you can easily file all the necessary paperwork to simplify the process of starting a:
- C Corporation
- S Corporation
For established businesses, they also offer a variety of services including:
- Annual Report
- Initial Report
- EIN / Federal Tax ID
- Amendments & Name Changes
- Foreign Qualification
- Change of Registered Agent
- 501(c)(3) Application
In addition, Swyft Filings has a learning center with materials to help you launch your business, manage finances, and more.
Swyft Filings Pricing
Swyft Filings is aimed at small businesses on even smaller budgets. You can register a business for as little as $49 plus the state fees for wherever you’re trying to incorporate.
However, pricing can be a little complicated to figure out. Basically, they offer three pricing tiers that vary on the services you need—though you can also add services individually as well.
The benefit to Swyft Filings is each plan comes with a 100% money-back guarantee, which is a nice promise for new entrants into the uncertain business world.
Here’s a quick breakdown of what each plan offers:
Swyft Filings Basics – $49 plus state fees
- Company name availability checkers
- Preparation of articles of organization
- Document filing in the state where the business will be incorporated
- Organizer statement
- Online access to business documents
- 30-minute tax consultation
- Free domain name for your business
- Compliance-related alerts for legal changes
Swyft Filings Standard – $149 plus state fees
- All Basic features plus:
- Obtaining an EIN (Employer Identification Numbering) for your business. This is necessary for taxes.
- LLZ Operating agreements or corporate bylaws
- Fully customized banking resolution
- Custom organizational minutes.
Swyft Filings Premium – $249 plus state fees
- All Standard features plus:
- Electronic delivery of state documents
- Digital corporate kit with ownership ledger, company seal, and stock certificates
- Free business site, hosting, and eCommerce tools
- Can file documents via FedEx Express (other plans charge an extra $25 for this feature)
In addition, Swyft Filings offers a variety of a la carte options you can add including:
- Banking resolution: $30
- Corporation bylaws: $35
- Digital corporate kit: $99
- EIN acquisition: $70
- Electronic delivery of state documents: $20
- LLC operating agreement: $35
- Meeting minutes: $25
Who Should Use Swyft Filings?
Swyft Filings is for people looking to start LLCs or another of the corporation types above. It’s particularly suited for smaller businesses that have less complicated needs.
If you’re starting a medical practice, for example, you’ll still need a lawyer. But if you’re setting up an eCommerce platform, a small downtown shop, or just about any other SME, Swyft Filings will be a pretty solid fit for you.
This is doubly true if filling out government forms makes your head spin. If you are short on time and have more important issues, like actually doing everything it takes to get your business running, then look into Swyft Filings or one of their competitors.
Is Swyft Filings Worth It?
This is the million-dollar ($49-249?) question. Services like Swyft Filings, as well as their competition like LegalZoom and ZenBusiness, provide convenience, but they aren’t absolutely necessary.
Think about it like this. Would you apply for a passport directly from the government, or have an agency do it for you? There are pros and cons to both ways. It might take a little time, but you can get a passport all by yourself. An agency will put everything together for you and make sure no issues stand in the way of getting a passport quickly and easily.
The same is also true for businesses. Everything you need to incorporate a business is available online from whatever state you will register in. That’s one of the reasons, in fact, you also pay state’s fees in addition to Swyft Filing costs.
For example, Swyft Filing can help you get an EIN for just $70. Considering that an EIN is essential for all businesses, that seems pretty reasonable.
However, you can apply directly with the IRS online and get an EIN for free in just a few minutes.
The same goes for most other Swyft filing services, especially if you’re forming a fairly straightforward LLC. You can even find tons of sample documents like articles of incorporation, corporate minutes, and everything else online.
So why does Swyft Filings have 20,000+ happy customers? Because when you’re starting a business, you have enough to worry about. While it’s not too difficult to form a business, it can still be a headache. Wouldn’t you rather have professionals do it, so you don’t run into unexpected issues?
This is even more true once you get a little more complicated, like if you want to obtain 501(c)(3) status or convert your business type.
It ultimately will boil down to you. Think about like, though—if you are starting a business, you might want to at least have enough money to pay for a professional to register it. Otherwise, you may have bigger issues coming up before you know it!
Just be sure to pay attention to the different pricing tiers and additional services options. While the Basic and Standard Plan are pretty reasonable, do you really want to pay more for something like an EIN when you get it for free?
- One of the most affordable business incorporation services
- Takes care of the entire process for you
- Easy to use
- Money-back guarantee
- Can pay LLC formation via installments which is helpful for cash-strapped new companies
- Highly rated by users
- Large array of business management services
- Even the cheapest tier offers a 30-minute tax consultation and lifetime business alert
- Great customer service
- Registered agent isn’t included on any pricing plan only as extra service
- Some services can be obtained for free online if you just do yourself
Swyft Filings Alternatives
Swyft Filings is a good overall option for taking the hassle out of registering a new business. But it has a ton of competitors out there. Swyft Filings is a little more affordable than competitors, but it does have a few downsides.
Above all, Swyft Filings doesn’t include a registered agent. To get one, you’ll have to pay $149 annually. The registered agent is the point person state governments contact for process notices, official correspondence, and other compliance-related documentation.
All entities must have one regardless of whether you’re an LLC, nonprofit, or any other type.
While it’s not a huge deal to have yourself or someone else be a registered agent, it can be helpful to have a professional in this role instead for similar reasons as to why you’d use Swift Filings in the first place.
That’s why you may want to look into these two leading Swyft Filings alternatives—ZenBusiness and Legal Zoom.
What Is ZenBusiness?
Like Swyft Filings, ZenBusiness also focuses on SMEs. Although not quite as popular as Swyft Filing, Zen Business has garnered a large number of positive reviews and is praised for being affordable while still including a registered agent and operating agreement even from the lowest tier pricing plan.
ZenBusiness also offers bookkeeping and accounting services and few other perks over Swyft Filings. However, Swyft has better business management options such as application for the 501(c)(3) process.
What Is LegalZoom?
LegalZoom is a little different. They not only handle business incorporation, but a wide array of more advanced legal services include form’s, seller license, intellectual property, and the ability to work directly with an attorney.
In terms of business formation alone, there’s not much difference between the two. But if you want additional services and an overall edge in quality, it’s hard to beat LegalZoom, who has worked with 3,000,000+ customers since they were founded in 1999. Their packages start at $79 for incorporation.
Swyft Filings: The Bottom Line
Starting a business is difficult enough. Services like Swyft Filings remove the complicated incorporation process from the equation so you can focus on the million other things you have to do. With affordable pricing and a money-back guarantee, do yourself a favor a check them out for yourself now!