Comparing MyCompanyWorks and LegalZoom: Which is the Better Business Solution?

If you’re looking for an efficient business registration service, you might find yourself stuck between LegalZoom and MyCompanyWorks. Both providers offer excellent features to consider, but which one is the better option? This comparative review aims to help you make an informed decision by providing you with key points of comparison between the two platforms.

Both of these companies offer a range of core services, including registered agent and compliance options, along with several other features. When comparing the two, it’s impressive to note that both companies have maintained A+ ratings through the BBB’s 13-step checklist, which is quite an accomplishment given the volume of businesses they work with. Additionally, their customer service teams are known for being friendly, helpful, and easily accessible via email and phone. If you’re not completely satisfied with their services, both MyCompanyWorks and LegalZoom also offer money-back guarantees. One of the best aspects of both companies is that they offer affordable pricing options without compromising on quality.

As someone who has had experience with MyCompanyWorks, I have to admit that I was disappointed with their service. While the website is easy to navigate and includes helpful resources like a free business tax consultation and state-specific startup guide, my personal interactions with their customer service left something to be desired. Compared to other online legal services like LegalZoom, I found their support staff to be less knowledgeable and responsive. Additionally, their annual compliance checklists were not as comprehensive as I had hoped. While MyCompanyWorks has a strong track record after 16 years in the business and a high customer recommendation rate, my personal experience has led me to explore other options.

I had a negative experience with MyCompanyWorks. Despite paying a year upfront, they still managed to send me to collections within a month for an alleged “resignation fee”. Not only was this fee non-existent, but the processing time for resigning as a Wyoming registered agent is standard. Despite having paid $107 for registered agent service, I continued to receive collection notices from the company. The issue was compounded when a renewal invoice was not paid for the next year, leading to the company resigning as my registered agent. However, I was surprised to learn that this process is free in the state of Wyoming and that I had two months to find a new agent.

So how did MyCompanyWorks come up with a $107 fee? According to their customer support, it was a late and resignation fee combined, yet there is no resignation fee in Wyoming. It’s frustrating to know that paying this fee was the only way to stop the collection agency from harassing me. This experience serves as a cautionary tale for entrepreneurs seeking to form a company – do your research and avoid companies like MyCompanyWorks. It’s essential to choose a service that you can trust, such as IncFile or LegalZoom.

As someone who has gone through the process of forming a business, I can say that LegalZoom was a game-changer for me. One of the standout features is the on-call legal consultants that they provide to members. This is a service that sets them apart from the competition. It was comforting to know that I had access to an expert who could answer any legal questions that I had throughout the process. Their simple questionnaires made filling out the legal forms a breeze, as it eliminated any guesswork. Another aspect that I appreciated was their commitment to error-free documentation. In addition to their satisfaction guarantees, their automatic checker looked for any mistakes, ensuring that everything was correct. Overall, my experience with LegalZoom was seamless and their unique features make them a top-tier business formation service.

For those looking to start a business or take their existing one to the next level, pricing and packaging are key considerations. LegalZoom and MyCompanyWorks offer three package levels – Introductory, Intermediate, and Advanced – each with varying features and benefits. While the packaging style may be the same, it’s important to note that LegalZoom takes the lead in a few areas. For instance, only their packages include EIN filing, and they also offer legal counsel to their members. Ultimately, it’s important to carefully consider what your business needs are and weigh the pros and cons of each company’s pricing and packaging options before making a decision.