7 Cheapest LLC Formation Services in 2024 for Your Business

When it comes to starting a limited liability company, using a cheap LLC filing service can be a good way to ensure that you meet all the legal requirements without getting too deep into complicated financial terms.

An LLC company will file the paperwork for you, send it to the IRS, and get back to you when everything is ready. Some even provide free tax consultancy with their services.

Full disclosure, this is something you can do yourself and skip the intermediary and the costs. Except for a small detail – some formation companies offer their services at little or no cost.

We know that things can be tight when just starting out, so our team of financial advisors rounded up the best LLC formation services that are cheap so you can get started without breaking the bank.

7 Cheapest LLC Filing Services in 2024

1 – ZenBusiness

Since its foundation in 2015, ZenBusiness followed a fast-rising path, recently becoming one of the newest “unicorns” in Texas after being evaluated at $1.7 million in 2023.

ZenBusiness is focused on providing LLC services, with several packages that can meet the needs of most business owners.

But it also offers additional services like bookkeeping and accounting assistance, business insurance quotes, and business credit card options, covering the basics for a newly-formed limited liability company.

With a 4.5-star score on Trustpilot, the company is very popular among customers, especially for its simple data-gathering process, high-quality documents, and fast turnaround.

Our experience

We’ve worked with ZenBusiness multiple times while creating personalized financial plans for our customers, and the collaboration was always flawless. Their platform is easy to use, and the documents are never late, except for special cases when the IRS delays them.

Service Features:

  • Starter ($0 + State Fee): Access to the basic business filing service: check if your desired name is available, get your filing done at a regular pace (2-3 weeks), and get support via phone and email. You’ll also be able to access your documents through the ZenBusiness portal.
  • Pro ($199 + State Fee): Starter plan plus expedited filing (4-6 days), banking resolution documents, employer ID number creation, regular compliance checks, and reminders.
  • Premium ($299 + State Fee): Basic paperwork filing and registered agent service, as well as help with setting up a website, email addresses, and other yearly forms that businesses need to file.
  • Statutory Agent Service ($199): Keeps your business compliant with state requirements by managing correspondence during business hours, ensuring the protection and organization of important documents.

PROS

  • Affordable pricing options, including a free LLC service plan
  • Fast turnaround with a 100% accuracy guarantee
  • Streamlined and easy-to-use online platform
  • Personalized customer support via phone, email, and chat
  • Compliance monitoring tools

CONS

  • Customer support is available only during business hours

2 – Bizee

Bizee (formerly Incfile) is a Texas-based company formation and statutory agent company that provides an easy-to-use website to help customers file for their LLC or corporation.

In addition to company formation and registered agent services, Bizee also offers compliance, bookkeeping, and accounting services for businesses in all 50 states.

Their business formation service has generally positive customer reviews online, with a score of 4.78 on Best Business Bureau and 4.7 on Trustpilot from over 11,000 reviews.

Our experience:

Compared to other LLC formation services that keep you in the dark after buying their packages, Bizee allowed us to track our documents in real time, and their customer service was quick to answer when we called to inquire more about their registered agent services.

The Articles of Organization and Operating Agreement also looked professional, and there were no delays in the process.

Service Features:

  • Silver ($0 + State Fee): Bizee prepares and files your Articles of Organization and performs name availability searches. They also provide one year of registered agent service.
  • Gold ($199 + State Fee): All the features of the Silver package and extra services like an EIN, lifetime company alerts, online document access, express shipping, banking resolution, and 30-minute tax consultation.
  • Platinum ($299 + State Fee): Everything in the Gold package and other services like next-day filing, a sample document library, a domain name, and a business email for one year.
  • Statutory Agent Service ($119): One free year of service, professional management of all your legal documentation, automatic mail forwarding, and personalized email and SMS notifications.

PROS

  • Competitive pricing, including free basic LLC services
  • Free registered agent service for the first year
  • Easy-to-use website that simplifies the business formation process
  • Available for LLC formation in all 50 states

CONS

  • Email support is slower and less personalized
  • Services beyond the basic package can be expensive

3 – Swyft Filings

Swyft Filings was founded in 2015 in Texas and, since then, it’s served over 250,000 customers, according to the company’s website.

This LLC service provider can establish an LLC for businesses in all 50 states and offer statutory agent services through a partner company. It also provides additional business services like assistance in obtaining a Seller’s Permit or business license.

Although not as popular on Trustpilot as Bizee and ZenBusiness, it has an excellent 4.8-star rating that reflects its high-quality LLC services.

Our experience:

It only took us 9 minutes to place an order on Swyft Filing’s platform, including the extra minutes we took to verify that we inputted the correct data.

Then we had a 30-minute tax call with one of their representatives to discuss things like tax regulations and deadlines that apply to our LLC.

We got some really valuable info, and we think any small business owner would benefit from this LLC service.

Service Features:

  • Basic ($0 + state fees): The entry-level package offers fundamental LLC services, along with a business name verification process.
  • Standard ($199 + state fees): Basic package plus EIN and Operating Agreement. Additionally, the package offers banking resolution services that help you set up a bank account for your business.
  • Premium ($299 + state fee): All the features in the Basic and Standard tiers, with the bonus of a free business website and web hosting services. This package also offers expedited service for LLC formation in the majority of states.
  • Statutory Agent Service ($199): Swyft Filings provides round-the-clock statutory agent service to receive legal notices, mail, and deadlines while keeping client information confidential.

PROS

  • Simple and quick LLC formation service
  • Excellent customer service
  • Free LLC formation with the Basic plan
  • Business management services available

CONS

  • Like many online legal services, they have add-ons that can increase the price
  • The agent services are not free for the first year

4 – LegalZoom

LegalZoom is a well-established online legal service provider based in Glendale, California, offering legal assistance to customers through partnerships with legal consultants from around the country since 2001.

Although it is not a law firm, LegalZoom provides both DIY and attorney-assisted services to assist customers in various areas, including business formation services, estate planning, intellectual property, and real estate.

The company has received positive reviews from reputable sources such as BBB, Trustpilot, and ConsumerAffairs, with an A rating from BBB and an average rating of 4.7 out of 5 stars on Trustpilot based on thousands of customer reviews.

Our experience:

LegalZoom has a nice chat function and efficient LLC services with fast turnaround if you go with the Premium package. However, we ordered the Basic package to see how cheap are these cheap LLC formation services in fact.

While there were several add-ons on the way, like the cost for an EIN or agent service, still the final cost was lower than with other LLC service providers that don’t offer a free package.

Service Features:

  • Basic ($0 + State Fee): Name check, business filing, and a 20-day processing time. It also offers LLC guidance and lifetime customer support.
  • Pro ($249 + State Fee): Basic benefits, plus an Operating Agreement, EIN, business licenses guide, insurance/tax consultations, and phone support. Only 10 days processing time.
  • Premium ($299 + State Fee): Pro benefits, expedited processing, express shipping, legal consultations, contract review, and one entity amendment with rush service. Processed in 2-5 business days.
  • Registered Agent Service ($249): This service provides alerts for important notifications, email reminders for deadlines, and handles paperwork for address changes. It includes cloud storage and no upfront fees.

PROS

  • Simple online LLC formation service process
  • Free basic LLC service makes it a good choice for small businesses
  • Their team is experienced, so you can trust that your LLC filing will be done correctly

CONS

  • Agent services are expensive
  • Long waiting time for the Basic service

5 – Northwest Registered Agent

Northwest Registered Agent provides several legal services for businesses, including legal formation, registration adjustments, and qualified affordable registered agent services.

Additionally, online document access allows for centralized storage of legal documents, including Articles of Organization, necessary for creating a business entity.

With an A+ score and 4.52-star rating on BBB, the company is trustworthy and a good choice for forming a limited liability company, although it isn’t the cheapest one.

Our experience:

Although there’s no free LLC formation service, we found Northwest Registered Agent to a be a good option for those looking for a free agent service included with the basics.

After doing the math, we noticed that this company offers both filing services and an agent for only $39.

They also have good customer service, and their website offers lots of templates for free.

Service Features:

  • Basic ($39 + State Fee): Northwest offers a formation package with state fees and one-year free registered agent service if you form your LLC through them.
  • Full Formation ($225 + State Fee): Same-day filing, one year of free registered agent, restricted mail forwarding, an operating agreement, and a client account with resources and forms.
  • Registered Agent Service ($125): By forming an LLC with this company, you receive 1 full year of registered agent for free. The agent service will also provide an address for your business correspondence and corporate guides, and the agent will redirect your legal papers and notices to your email the same day.

PROS

  • Offer a 1 free year of agent services
  • High-quality online legal services to help you start your LLC
  • Free legal papers you can print and use

CONS

  • There are extra costs besides the state filing fees
  • The add-ons can make the final price even higher

6 – Tailor Brands

Founded in 2015 by a collective of entrepreneurs in New York City, TailorBrands was established to make branding accessible and cost-effective for small businesses.

With its one-stop-shop approach, the platform provides services such as LLC starting, website building, logo creation, and business card development.

Unfortunately, Tailor Brands is not too keen on giving refunds, and their customer services need some improvement, which brought them a score of only 3.8 stars on Trustpilot.

Our experience:

Our experience with TailorBrands was overall good. We liked the interface, and it was easy to select the LLC service we wanted. However, things got a bit more complicated once they started suggesting lots of add-ons, which increased the price considerably.

The customer service wasn’t very responsive either, and the company doesn’t offer a statutory agent. You’ll need to try to find one on your own, which generates additional costs and can be time-consuming.

Service Features:

  • Lite Package ($49 + state fees): This plan includes AI business tools and covers the formation of an LLC, as well as standard processing.
  • Essential Package ($199 + state fees): LLC starting, expedited processing, annual compliance, and an operating agreement.
  • All-in-one Elite ($249 + state fees): Includes everything in the lower plans plus logo maker and marketing graphics.

PROS

  • User-friendly interface with easy-to-follow instructions
  • Comprehensive all-in-one package
  • Fast processing time and expedited service options

CONS

  • No statutory agent available
  • No free LLC packages

7 – MyCompanyWorks

MyCompanyWorks provides LLC packages and other small business services to assist new LLC owners with tasks such as taxes and licenses. They offer same-day filing with their packages and do not charge extra for their fast filing, unlike many competitors who do.

Filing an LLC with MyCompanyWorks takes less than 10 minutes, and they have an excellent track record of forming over 60,000 businesses.

While more expensive than other business formation services, MyCompanyWorks has great reviews on Trustpilot. Many business owners who worked with them felt that they have the best LLC service in terms of feature coverage.

Our experience:

Our call with MyCompanyWorks went well, although we didn’t manage to get all the information we needed from their operator. However, when we followed up with an email, we received complete answers to all of our questions.

We liked the platform – one of the most user-friendly on the market – and the fact that you can form an LLC in no more than 10 minutes. However, MyCompanyWorks is pricier, and the add-ons make its LLC filing services even more expensive.

Service Features:

  • Basic ($59 + State Fee): LLC starting, including preparation and filing of articles, name search, operating agreement, minutes, support, and alerts.
  • Entrepreneur ($179 + State Fee): Basic LLC creation plus the added benefits of a registered agent service, Federal Tax ID Number (EIN), and access to MyCompanyForms’ library of business forms.
  • Complete ($259 + State Fee): Includes Entrepreneur package features and MyCompanyWorks Premium, which tracks compliance deadlines, monitors business entities and provides annual/initial report services.
  • Registered Agent Service ($99): During business hours, the agent collects your business mail and delivers it on the same day. It’s free for a year with the Complete and Entrepreneur packages.

PROS

  • Quick and easy LLC formation service
  • Helpful customer service
  • Each package includes same-day filing

CONS

  • Not the most affordable LLC service
  • Phone support is only available from 11 am to 7 pm
  • Lots of paid add-ons

Factors We Considered When Selecting the Cheapest LLC Formation Services

Going with a cheap filing company can be a two-way street. You can either strike a nice deal and save money and time or stumble into a company that has a lot of hidden fees or is not reliable enough.

This is why we based our analysis on a series of criteria that can influence your experience with each service.

Cost

Choosing a cheaper LLC service can help save money on formation fees and ongoing maintenance costs, allowing for more resources to be allocated toward the growth and development of the business.

ZenBusiness and Bizee will charge you $0 plus state fees, being some of the cheapest services of the moment.

Formation Speed

Speedy formation ensures the company can start operating as soon as possible. Since delays in formation could result in lost opportunities, we recommend going with a fast service like the one offered by MyCompanyWorks.

Customer service

Good customer service ensures prompt and helpful responses to your queries, minimizes delays, and reduces stress. Swyft Filings was helpful and polite, while the ZenBusiness operator was extremely knowledgeable.

Privacy and Security

Prioritize service providers that value privacy and security measures. Personal and sensitive information could be at risk if not adequately protected. One of the most secure companies we’ve worked with is Northwest Registered Agent, which provides the statutory agent itself.

Ease of use

Prioritizing ease of use can increase efficiency and reduce errors. A user-friendly interface with clear instructions and support, like the one offered by LegalZoom, can simplify the process and save time and resources.

Additional services offered

In the case of a cheaper LLC service, extra services can offset potential trade-offs in quality. Go with an exhaustive service like Swyft Filings, which includes registered agent service, document filing, and compliance monitoring.

Are There Any Other Factors to Have In Mind When Choosing the Cheapest LLC Service?

Because we know that peace of mind is important, we also consider these factors:

Experience and Reputation

Prioritizing experience and reputation can reduce the risk of costly mistakes. An experienced provider like ZenBusiness or Bizee with excellent ratings on Trustpilot can offer valuable insights and resources to ensure compliance with regulations.

Customization

When seeking a cheaper LLC service, customization enables businesses to prioritize and pay only for the specific features they require, minimizing unnecessary costs. We found ZenBusiness and Swyft Filings to be very flexible in their services.

Refund Policy

In the case of a cheaper LLC service, it’s even more crucial to have a clear and fair refund policy to ensure that you’re not stuck with a subpar service. Bizee and LegalZoom are willing to provide you with a partial refund if you cancel your order before they go too far with the filing process.

Benefits of Using a Cheap LLC Formation Service

As a business owner, you’ll want to focus on your business instead of losing time with paperwork. Let’s take a look at the main benefits of using an LLC filing company.

Ongoing Compliance Support

Some business owners may not fully understand the legal requirements and tax implications of forming an LLC, which can lead to compliance issues and potential liability, according to this study.

Cheap LLC options can provide ongoing compliance support, helping entrepreneurs stay on top of filing deadlines and other requirements.

Convenience

According to a survey conducted by the National Small Business Association, small business owners spend an average of 26 hours on federal taxes alone.

Using a cheap LLC formation service can save you a significant amount of time, allowing you to focus on other aspects of your business.

Access to Additional Services

Many cheap LLC formation services offer add-ons like statutory agent services, EIN acquisition, and business license applications. These options can save you even more time and money by streamlining the entire startup process.

Cost-Effective

One of the most significant benefits of using a cheap business formation service is cost-effectiveness. These services offer affordable packages that include all the necessary paperwork and legal filings, saving you money on attorney fees and other startup costs.

Privacy

A cheap LLC formation package can help protect your privacy by providing a statutory agent address and shielding your personal information from public records.

Personal Liability Protection

Forming an LLC provides personal liability protection to entrepreneurs, shielding their personal assets from business debts and legal liabilities. A cheap formation service can help you take advantage of this protection without breaking the bank.

Time Savings

Starting a new business is a time-consuming process. A cheap LLC formation service can save you hours by handling all the necessary paperwork and legal filings on their behalf.

Legal Expertise

According to this study, carefully structuring LLC agreements is essential to avoid disputes and ensure smooth operations. An LLC formation service may include legal services that can settle the structure of your business entity.

Why Trust Us?

Our goal is to provide unbiased and informative reviews to help individuals make informed decisions about LLC formation services.

As financial professionals, we have years of experience and expertise in the industry, allowing us to thoroughly investigate and review LLC formation companies.

In addition to checking user reviews and analyzing each company’s website, we also use other methods to ensure that the companies we recommend provide top-notch services.

For example, we reach out to customer support to gauge their responsiveness and professionalism and conduct in-depth research on the company’s history, including their track record and any legal or regulatory issues they may have faced.

Moreover, we continuously evaluate and update our list of recommended LLC formation services to ensure that our clients receive the best service possible.

LLC Formation Process

While a company formation service can make things easier for you, you can form your LLC yourself. Here are the steps:

  1. Choose a name for your LLC – You can check your state’s business entity database to ensure that the name is available.
  2. Select a registered agent – An LLC must have a statutory agent who can receive legal papers and official mail on behalf of the LLC.
  3. File Articles of Organization – You need to file the Articles of Organization with the Secretary of State in the state where you intend to form the LLC.
  4. Obtain necessary licenses and permits – Depending on your state and industry, you may need to obtain specific licenses and permits to operate your LLC.
  5. Create an operating agreement – Although not required in all states, an operating agreement can help to clarify the LLC’s rules and procedures.
  6. Obtain an Employer Identification Number (EIN) – An EIN is a unique identifier assigned by the – You need an EIN if you plan to hire employees or if you are taxed as a corporation.
  7. Comply with ongoing requirements – Once you have formed your LLC, you need to comply with ongoing requirements such as filing annual reports, paying state fees, and maintaining accurate records.

Our Verdict

ZenBusiness

ZenBusiness offers some of the cheapest LLC services on the market while maintaining excellent limited liability company paperwork quality, which made us pick it as our number one.

This is an experienced company that can give you excellent tax advice and deliver your documents without errors.

We also enjoyed using their platform, which is well-designed with simple prompts that guide you through the process.

While ZenBusiness will not provide you with legal services, it offers everything you need to form an LLC and manage your papers afterward.

Thomas Wilson

Thomas Wilson

An accomplished business guru, our CEO holds a degree from Philadelphia's esteemed Fox School of Business, accredited by AACSB. With a knack for practicality, they've orchestrated the launch of diverse small enterprises and guided fellow entrepreneurs in optimizing their ventures. Trust their seasoned insights for invaluable advice tailored to new businesses and LLCs.