CorpNet Review 2021:- Is It Really Good ?( Pros, Cons)

Starting a new company is one of the most adventurous and vital decisions that a person makes.

And it is like winning a lottery.

If the beginning goes well, the operation of the business will automatically become a stress-free process.

Carrying out regular business activities is the second step of running a Company.

First is the Formation & Registration, which everyone has to go for and complete all the legal formalities with their respective State Government.

Many companies in the market offer the LLC Formation services in a combined package that consists of multiple features at a reasonable price.

In this CorpNet Review, we’re going to know more about one of the great companies, CorpNet.

It has served an enormous amount of clients for the past century.

About CorpNet

One of the most popular and old companies in the LLC Formation service industry is CorpNet, founded in the year 1997, have served a pretty impressive number of customers since then.

For over 20+ years, they have learned how to deliver fast and efficient services to all their clients and keep them satisfied after services.

Moreover, they have also earned a tremendous amount of customer base who are fond of the services and have served whenever they need help from the company regarding legal issues.

Let’s find out in more detail whether this company is suitable for the requirement in every aspect or not.

CorpNet Packages 

There are two kinds of the way through which you can complete the registration process for your LLC:

First is the DIY route, where you have to spend tons of money hiring an attorney to help with your LLC formation.

The second is the company’s pre-designed value packages, which have lots of LLC formation features and are quite pocket-friendly in terms of money.

You can select whichever suits you the most and see your company formation process gets completed.

CorpNet has three different packages for LLC registration and formation. You can choose either of them, which seems ideal for your requirement.

BasicDeluxeComplete
$108 + State Fees$228 + State fees$278 + State fees
CorpNet packages

Basic: $108 + State Fees

1. Prep and Filing of Articles of Organization:

The Articles of Organisation are those documents you need to fill and submit to create your LLC with the state government.

CorpNet does the job of drafting and filing them with the state to legally create your business entity.

2. Name Availability Searches:

To complete your company’s registration process, you need to provide a name you wish to keep for your entity.

CorpNet helps you search for your desired name as it is available with the state’s business database or claimed by any other party.

3. Corporate Compliance Tool:

CorpNet B.I.Z is a reminder tool that helps remember crucial deadlines such as annual reports, tax filing, and more. This tool can also help you store and print your LLC’s files.

4. 60-Day Registered Agent Service Trial.

Deluxe = $228 + State Fees

This Deluxe package includes every feature from the basic package and:

1. One Year Registered Agent Service:

A best registered agent is someone who collects all the essential legal documents on behalf of you and then forwards the same back to you.

All 50 states require a Registered Agent, and CorpNet will provide you with the service free for the first 60 days of your purchase. And after that, you can pay $149 per year if you want to continue with the services.

2. Federal Tax ID Number (EIN):

An EIN acts as a social security number for your LLC business. It enables you to file taxes, hire employees, open business bank accounts, and so much more.

CorpNet gets you this number from the IRS for your business.

3. 24-Hour Document Prep:

Within 24 hours of your purchase, CorpNet will prepare all the forms required to complete the formation process.

4. Print Delivery:

CorpNet will provide you with a hard copy of all your registration documents.

Complete = $278 + State Fees

Everything from the Deluxe package, plus:

1. LLC Operating Agreement:

It is an important document that outlines your business’s ownership structure and mentioned some ground rules for your LLC operation. CorpNet will help you in drafting these custom documents.

2. LLC Kit and Seal:

This kit comprises a decorative binder and a customized seal, which have the name of your company embossed on it.

Pros & Cons

Pros

  1. They have earned hundreds of positive customer feedback worldwide, which is a significant advantage for the company.
  2. Every LLC formation package offered by CorpNet carries a 100% satisfaction guarantee. If you are not satisfied with their services, you will receive your refund without any questions asked.
  3. CorpNet is the only LLC formation service that balances a high level of experience and outstanding service quality.
  4. The company belongs to a couple who have served around 1 million businesses in their formation under their supervision.
  5. CorpNet has a spectacular customer support team who are reliable and responsive.
  6. You can reach them from 10 a.m. to 8 p.m. from Monday to Friday and offer bilingual support if you speak Spanish.

Cons

  1. Prices offered by CorpNet are a bit high as compared to their competitors. They charge additional shipping fees with the package’s price and ship your documents via USPS priority mail, but still, they are charging $29 for it, which is not worth it.
  2. Their basic LLC formation package has the price of $108, which includes a registered agent’s services only for 60 days. Comparing it with their competitors, the competitors offer the same set of services at a lower price and subscription of a registered agent’s services for a full year.

Features & Services

1. Name Availability Searches:

To start an LLC, you need a name and then claim it with the state government.

But first, you have to check through their business databases and find that your desired name is available or taken by someone else. CorpNet helps you in doing the same job and makes your work easy.

2. Registered Agent Services:

Registered Agent service is one of the vital services in the process of LLC formation in America.

CorpNet offers this service free of cost for the first 60 days of your business, and after that, you have to pay $149 if you want to continue with the service.

A registered agent is the only person the state government relies on when they need some information regarding your business.

3. Preparation and Filing of Articles of Organization:

The Articles of Organization is the most crucial document. The Inc authority helps you draft your LLC formation documents and submit them with the state to register your business entity officially.

4. Federal Tax Identification (EIN)

The Employer Identification Number (EIN) is like a social security number for your LLC business.

It is a 9-digit number that helps businesses file taxes, hire employees, open a business bank account, etc. You should obtain your EIN from the IRS.

5. Operating Agreement:

It is an agreement that defines your LLC business’s ownership structure and helps frame your LLC rules and restrictions. You can create a customizable template for your operating agreement.

6. LLC Kit and Seal:

It comprises a decorative binder and a customized seal that your company’s name embossed on it.

7. Corporate Compliance Tool:

CorpNet B.I.Z offers a reminder tool that remembers all the crucial deadlines, such as annual reports, tax filing, and more. This tool also lets you store and print your business documents.

Also, they offer notary services and apostille services so that you can maintain regular compliances outside the US.

Customer Reviews

Review Sources and their Rating

TrustLink (57 reviews)Facebook (19 reviews)Yelp (10 reviews)
5.0/5 stars5.0/5 stars4.0/5 stars

About 400 CorpNet reviews are available on the internet, and most of them are highly positive and praise the services they have received from the company.

Customers appreciate the quality of services and the speed of their responses whenever they have some queries from their customer care agent.

And if you want to know better what customers are saying, you should spend some time scrolling down the reviews on Trustpilot.

FAQs

1. Is CorpNet Legit?

CorpNet, founded in 1997, has helped around five million+ companies for LLC formation. They have an excellent customer base who are impressed with their prices and services.

2. Does CorpNet Offer Any Discounts?

They have a 10% off coupon available on their website, which you can use on any business services except the Basic LLC formation package and state government filings.

3. Does CorpNet Have Good Customer Support?

Mostly, CorpNet has offered excellent customer care services to all its clients. Their customer care representatives are highly knowledgeable, humble, and helpful with everyone.
You can contact their customer service when you need help, and they will answer all your business-related queries in no time.

4. Do They Have a Refund Policy?

Yes, they have a refund policy for their LLC formation packages. They offer a 100% satisfaction guarantee and zero cancellation fees if you ask for a refund in 60 days for your purchase.

5. Does CorpNet Handle New York Publication Requirements?

CorpNet is one of the LLC formation services that offer help with every step of your business formation along with all state-specific requirements.
Whatever you need publication service or name reservations, or any other state requirement, CorpNet will provide you assistance to complete the process as efficiently as possible.

6. Does CorpNet Share My Information With Third Parties?

Many competitors include “special offers” or “free extras” with their LLC formation packages in the guise of third-party partners.
With this, they share your personal information with them.
But, CorpNet does not do this. They don’t share any of your personal information with any other party.

Conclusion

So after this long article of CorpNet review, you might have got an idea about what CorpNet LLC Formation services consist of and how efficient services they are offering.

With 20+ years of experience, they are standing motivated in this industry and looking ahead in solving more business than they have served to date.

Before opting for a company, you must do your homework and match all the factors you want with this CorpNet review and many others.

We recommend CorpNet as a great choice.

They have a high ratio of advantages over disadvantages.

author james
Co-founder & Writer

About James

After Finishing My Master of Laws (L.L.M.) in the University of Columbia. My friends and I decided to start an LLC. At that time, we were more insulted and disrespected by many people because we have the only idea but not proper Knowledge on how to start a business legally. So then, after knowing completely about each process, we decided to help others like us online then we started this site LLC.tips. Read More

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