Start an LLC with MyCompanyWorks for as little as $79 + state fees.

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MyCompanyWorks Reviews

MyCompanyWorks Review

by LLC Reviews™

Ranking: # 4

MyCompanyWorks (formerly MyNewCompany) is one of America’s largest providers of incorporation, LLC formation and other small business services.
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Pricing

Basic ($79), Entrepreneur ($199) & Complete ($279)

MyCompanyWorks allows you to form an LLC for as low as $79 + state fees. Three packages are available, with different features included. The most complete package starts at $279 and includes one year of Registered Agent services. If you choose one of the two lower-level packages, you can add on this service, as well as additional services like EIN obtainment, LLC Kit and a Business License Compliance Package for a la carte fees.

mycompanyworks prices

Compare Apples to Apples

Compare Pricing for the 4 Most Commonly Requested Services

Every online LLC service makes its money off of the additional services. The advertised low-end price draws you in, but after you finish the order process, you have either spent much more for upgrades or feel like you are missing out.  Rather than get surprised at the end of the process, we wanted to outline and compare the real costs of the core services everyone wants.

The four most commonly requested or "core" services are: (1) preparation and filing of LLC paperwork with the state; (2) within two business days; (3) with a custom/personalized operating agreement; and (4) an EIN.

MyCompanyWorks's Basic ($99) Package includes 3 out of 4 core services.  Add the 4th core service (EIN) for $45 and you'll have one of the least expensive ways to get all 4 of the core services ($124).

Noteworthy Features


MyCompanyWorks offers a free Business Tax Consultation, which is described as a one-hour webinar explaining how your entity is taxed, which IRS forms you need to file, how to pay yourself and employees, and more. The company also provides unlimited name availability searches, order auditing for compliance and spelling, and access to scanned documents online, with lifetime access to your account. All LLC packages also come with an LLC Handbook, a free 22-page guide.

Here are a few noteworthy features:

MyCompanyWorks Premium™ ($99/year) includes:

  • Managed Annual Report Service – we’ll check on the status of your company then prepare and file your Annual Report (you pay state fees only). If you form the company using our service we’ll also file your Initial Report (if applicable; excludes Alabama) as well (you pay state fees only). This prevents late fees and even administrative dissolution! If your company is registered in other states this service is only $20 additional per state.
  • ComplianceLock
  • Business Entity Monitoring - Provides proactive protection by monitoring your company status on a regular basis to verify that it is still “active” and in “good standing.”
  • MyCompanyForms™  – over 200 constantly updated Business and Tax Forms.
  • 5 GB Storage – upload anything you want and access it from anywhere. Great for keeping company records in one place.
  • E-Ledger – no more spreadsheets! Track your company’s ownership electronically and keep track of ownership over time.
  • E-Certificates – no need for paper certificates, our Electronic Certificates show ownership in a beautifully generated PDF file.
  • Priority Support – get priority support via phone and email. Average email response is under 2 business hours.

Speed

How fast is MyCompanyWorks?

Whether you choose the basic, mid-level or complete LLC package, you’ll get same-day business processing of your order. This is a good offer compared to many companies, which charge different fees for different processing times.

Registered Agent Services

$99/year. No free period unless you buy Complete Package

MyCompanyWorks charges $99 per year for Registered Agent services. This service renews automatically each year. If you wish to cancel this service, you must assign another registered agent, and send proof of the change to MyCompanyWorks. If you terminate your entity, you must provide proof that you have properly discontinued business operations by the renewal due date by sending proof of the change.

Reputation

Is MyCompanyWorks Legit?


MyCompanyWorks, Inc. has a 4.8 out of 5 star rating on Google, with 46 reviews (at the time of this MyCompanyWorks review writing), which is pretty impressive. Customers praised their reasonable prices, prompt service and helpful advice and checklists, and said the service was quick and easy. It also has a 4.8 satisfaction rating on ShopperApproved, based on 2,244 ratings, with only one one-star review, which is almost unheard-of. In addition, it is BBB-accredited with an A+ rating and just one customer complaint, which was marked as resolved.

Real Reviews


MyCompanyWorks has many online reviews from actual customers. Most are positive, but some customers did not have positive things to say. We thought it would be helpful to show you a few examples of actual positive and negative reviews:

"Fantastic way to successfully and efficiently set up your business. MyCompanyWorks want your business to succeed. All the set up advice and checklists were incredibly helpful. MyCompanyWorks was very effective and had a fair competitive price." -DJ's Band Repair

"It was simple and fast I'm on track to atarting my new buesness and I would recommend their services to anyone. top notch, and very customer oriented thank you." -Dixie S.

Customer Service


Customers may contact MyCompanyWorks by phone or email. Office hours are Monday through Friday, from 7:30 a.m. to 4:30 p.m. PST.

Negative Factors


Honestly, MyCompanyWorks had some of the best reviews we have seen for online legal forms, and some of the negative reviews, which mentioned that receiving paperwork took longer than expected, also included praise for the company’s customer service.

Experience/History


MyCompanyWorks has assisted in over 50,000 business formations since 2001, when the company was founded. Previously, the company was known as MyNewCompany.com, Inc.

Guarantee


MyCompanyWorks provides a 100% Satisfaction Guarantee, offering to either resolve satisfaction issues, or provide a refund. Customers must request a refund in writing (via email) within 90 days of purchase, return any documents provided, and state the reason for return. Government filing fees or third party vendor fees will not be refunded. Refunds will be processed in 90 days.

Conclusion

Overall Score:

Based on their low prices, high customer satisfaction ratings and long history, we recommend MyCompanyWorks as a solid online legal forms provider.

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