MyCorporation Review 2024: What’s Offered, Cost & Who It’s Right For

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Pros and Cons

Pros

  • MyCorporation has been in business for over 20 years and has helped over one million businesses form.
  • The company offers a variety of formation packages, as well as other services such as payroll and registered agent services.
  • MyCorporation has a good reputation and customer reviews.
  • MyCorporation’s website is easy to use and informative.
  • MyCorporation’s customer service is responsive and helpful.

Cons

  • MyCorporation is not a law firm and cannot provide legal advice.
  • MyCorporation’s fees are higher than some other business formation services.
  • MyCorporation has been criticized for its upselling tactics.
  • MyCorporation’s customer service has been criticized for being slow and unresponsive at times.
Bottom Line

Overall, MyCorporation is a reputable business formation service that offers a variety of services and has a good reputation. However, it is important to be aware of the company’s fees and upselling tactics before signing up for their services.

LLC and corporation documentation are extensive and require much attention to detail. Later come the invoices, billings, and purchases, to name a few. To put it briefly, it’s an endless saga of filing. 

MyCorporation provides corporation filing services focusing on LLCs, corporations (C-Corps, S-Corps, B-Corps), and non-profit organizations. Apart from the initial paper protocols, MyCorporation also offers services to take care of your business in the future. 

With over 20 years of experience in the business, MyCorporation constantly updates the features and service list to ensure that all businesses—traditional and online—are covered and receive the help they need. 

In this article, we’ll review the features, services, costs, and plans to see how businesses can benefit from this filing service company.

Briefly on MyCorporation

MyCorporation is not only a corporation filing provider that takes care of the legal protocols needed to start an LLC, S-Corp, C-Corp, or B-Corp. It also includes complementary features such as getting an EIN or Name Availability Search for free. 

Moreover, services such as Annual Reports, Registered Agents, Business Maintenance, trademark searches and applications, copyright registrations, and DBA registrations are some of the business accessories worth considering. 

Corporation filing providers assist companies of all sizes and kinds in a way that relieves the overwhelming paperwork that is mandatory for running a business. This way, business owners can focus on their company’s priority sectors and develop their strategies stress-free.

Business Starter Features

MyCorporation business starter features include all the required services for several business structures. You can subscribe to 4 plans: Basic, Standard, Deluxe, and Premium. The bigger the plan, the more features you get. 

In general, here are some features you can expect to get, depending on the type of company:

Type of BusinessFeatures
CorporationBylaws Sample minutes & Stock certificates name checks, Document storage where you can share your annual billings or other relevant corporate paperwork with investors, bankers, and advisors, Registered agent service, Auto business maintenance service, Annual report
LLCBylaws Sample minutes & Stock certificates, Name checksDocument storage, Auto business maintenance service, Registered agent, Annual report
B-CorpArticles of Incorporation, Business documents, Name checks, Vault document storage, Annual report, Registered agent, Annual Auto review service
Nonprofit CorporationArticles of incorporation, Sample bylaws, Sample documents like minutes and membership certificates, Registered agent, Annual report, Business maintenance
Professional CorporationArticles of incorporation, including translation to the target language, Sample bylaws, Minutes and membership certificates, Registered agent, Annual report, Business maintenance service
Professional LLCArticles of Incorporation, Sample bylaws and documents, Registered agent, Annual reportVault document storage, Maintenance service, Corporate supplies
DBAMyCorporation offers consultation and services if you decide to operate under a name different from your legal business name

Note: Mind that not all features come with the basic plan. You should choose the plan and features included in that plan according to your needs.

Business Services

MyCorporation has a vast list of business services that can help a company as a one-time or ongoing service. Below, we will explain them further.

One-Time Business Filing

MyCorporation covers the following legal services:

  • Foreign Qualification: Helps you manage the foreign tax code, create a foreign bank account, and do the rest of the required paperwork related to expanding or opening a new business in a foreign state;
  • Dissolution: Settles the paperwork associated with the termination of a business;
  • Withdrawal: Sorts out the required paperwork related to closing a business in a foreign state;
  • Business Reinstatement: Full business recovery by identifying all fees owed to the state, complying with reinstatement paperwork accurately, and submitting the paperwork once finished;
  • Amendments: Manages the required paperwork related to changes within a policy, legal name, or anything within a company;
  • Initial Report: Helps out with the initial report of a startup that has to be completed within the first few months;
  • Application for Tax-Exempt Status: Helps nonprofit corporations in getting IRS approval to receive tax-deductible charitable contributions, but at the same time be free from federal income taxes through 501(c)(3) application;
  • Copyright Registration: Helps sort out the required documents to protect original work.

Business Maintenance

Business maintenance services refer to managing the ongoing paperwork within an LLC or a Corporation. In other words, here’s what you can receive:

  • MaintainMyBiz Filing Service: A special package that helps all businesses meet the legal requirements for their business;
  • Annual Report: Helps companies complete the annual report;
  • Apostilles & Authentication: Document authentication and certification for usage in foreign countries;
  • Corporate Resolutions: Offers a corporate resolution sample;
  • Certificate of Good Standing: A legal document that a business is authorized and compliant to run;
  • eNotary Service: Takes care of all notary requirements;
  • Payroll: Consultations.

Business Products

MyCorproation also makes sure you remain visible on the market with the following marketing packages:

  • Promotional Products & Apparel
  • Print Marketing
  • Business Checks
  • Logo Design
  • Website Design
  • Document Storage

Learning Center

MyCorporation doesn’t just give out services and asks you to trust their expertise. On the contrary, it also shares what each of its services means through a list of blogs. Hence, in the Learning Center, you can find out which entity you need, whether to file for a copyright or trademark, when the annual report due dates are, and more.

MyCorporation Pricing

As we mentioned, there are four plans that MyCorporation offers with a set of features accordingly. In addition, you can see the pricing plans and what to expect with each.

Type of Business/Pricing PlanBasicStandardDeluxePremium
Corporation$99 + state fees
(annual report, registered agent service, business documents, and MaintainMyBiz are excluded)
$124 + state fees
(registered agent and MaintainMyBiz feature are excluded)
$224 + state fees
(MaintainMyBiz feature is excluded)
$334 + state feed
LLC$99 + state fees
(annual report, registered agent service, business documents, and MaintainMyBiz are excluded)
$124 + state fees
(registered agent and MaintainMyBiz feature are excluded)
$224 + state fees
(MaintainMyBiz feature is excluded)
$334 + state feed
B-Corp$99 + state fees
(annual report, registered agent service, business documents, and MaintainMyBiz are excluded)
$124 + state fees
(registered agent and MaintainMyBiz feature are excluded)
$224 + state fees
(MaintainMyBiz feature is excluded)
$334 + state feed
Non-profit Corp$99 + state fees
(annual report, registered agent service, business documents, and MaintainMyBiz are excluded)
$124 + state fees
(registered agent and MaintainMyBiz feature are excluded)
$224 + state fees
(MaintainMyBiz feature is excluded)
$334 + state feed
Professional Corp$99 + state fees
(annual report, registered agent service, business documents, and MaintainMyBiz are excluded)
$124 + state fees
(registered agent and MaintainMyBiz feature are excluded)
$224 + state fees
(MaintainMyBiz feature is excluded)
$334 + state feed
Professional LLC$99 + state fees
(annual report, registered agent service, business documents, and MaintainMyBiz are excluded)
$124 + state fees
(registered agent and MaintainMyBiz feature are excluded)
$224 + state fees
(MaintainMyBiz feature is excluded)
$334 + state feed

MyCorporation Review 2024: Final Words

MyCorporation has an extensive list of corporate filing services. To sum up, MyCorporation can help clients with the initial LLC or Corp paperwork, ongoing or business maintenance services, and finally, marketing and corporate supplies. 

Simply put, it relieves a company’s administrative burden and allows business owners to focus on the more important parts. The pricing is adjusted so everyone can afford it and receive the professional help they need. 

With one click, you can start your business today, paperwork-free!

Author

  • Raymond Hickman

    Raymond Hickman is a distinguished lawyer, writer, and legal commentator with extensive experience in various areas of law. He is widely recognized for his exceptional legal knowledge, insightful analysis, and engaging writing style, which have earned him a reputation as a leading voice in the legal profession.With his exceptional legal expertise, insightful analysis, and engaging writing style, Mr. Hickman has earned a reputation as a leading authority in the legal profession. His contributions to the field of law have been recognized by his peers, clients, and the wider legal community, making him a valuable resource for anyone seeking legal advice or insight.

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