7 Of the Fastest Growing LLC Formation Services in India

With its robust democracy and strong relationships, India has emerged as the world’s fastest-growing major economy and is anticipated to be one of the top three economic powers in the next 10-15 years, according to recent studies done by the IBEF.

The fast-growing economy of India is a result of the success rate of startup companies and more businesses being formed. When researching what business models Indian entrepreneurs prefer, forming an LLC was found as very popular.

There are various online LLC formation services available, below is a list of the 7 fastest growing LLC formation services:

1. ZenBusiness

ZenBusiness, based in Texas, has aided hundreds of US limited liability companies. The business was founded in 2015. The fact that they are socially conscious is what distinguishes them from the other services on this list. They prioritize community service while expanding their business. Their basic plan costs only $49 and contains a variety of features. This package includes LLC formation, a year’s worth of free registered agent service, a customizable operating agreement template, and an in-house accounting review. If you choose to upgrade to the Pro package, you will also receive annual report filing. ZenBusiness has over 6200 internet reviews, the majority of which are positive.

1. Incfile

The signup cost at Incfile is undoubtedly what draws the majority of customers. The service price for Incfiles LLC begins at $0. You merely have to pay a small fee to the state. As a result, it is the most cost-effective alternative. Since their establishment in 2004, they have aided in the formation of over 500 000 businesses. Despite the minimal service charge, you still get a lot of features. A year of registered agent service is included, as well as corporate reminders for key filing dates. Incfile provides excellent customer service, with employees available to take your phone call or respond to your email instantly. Incfile would undoubtedly be the preferred option if your company is on a tight budget.

1. Northwest Registered Agent

Northwest Registered Agent is one of the older companies on this list, having been founded in 1998. They are more expensive than ZenBusiness and Incfile, but the services they provide distinguish them from the less expensive options. The registration fee is $225. Northwest does not charge for upsells. What you pay for is what you get. Many other services may demand you to pay additional fees for more features. Customer service is also high on Northwest’s priority list. If you have any issues or concerns, you can phone their service hotline, and they will respond promptly. They are the only registered agent who scans all documents sent to your company on your behalf. As mentioned above, although they are pricey, you genuinely get what you pay for.

1. Inc Authority

Inc Authority is another company that has been around for a long time. Since 1989, the company has been in operation. They offer a free LLC service in addition to their paid packages, similar to Incfile. Even though there is no cost to sign up, there are some features that can only be unlocked by purchasing a premium subscription. The prices for these bundles start at $399. Unfortunately, after you’ve purchased a package, you won’t be able to cancel it. Inc Authority does not issue refunds. Before you buy any of their services, be sure you 100% want to employ their services.

1. Legal Zoom

Due to its strong brand presence, LegalZoom has a large following. They have a lot of experience and have completed many LLC formations. What sets them apart is their ability to handle a large workload, having assisted over 2 million firms in getting started. They also stand out when it comes to client service. LegalZoom is unique in that it assists 10 p.m. on weekdays and 7 p.m. on weekends, which is much later than the other services on this list. The only disadvantage of LegalZoom is their extensive range of upsells that you must pay for. Aside from the $79 base price, you’ll have to pay extra for specific extras, making it a pretty pricey option.

1. BizFiling

Essentially BizFiling offers the same services as the others on this list. The company does not stand out. They offer good service and their prices are reasonable. BizFiling has extended its customer service hours, which is a great advantage. The business has been around for a long time and has a ton of experience. 6 months of free registered agent service is included in their package.

1. Nationwide Incorporators

The fact that every document they receive or document written on or for your business is examined by an attorney before being sent is one of the things that sets Nationwide Incorporators apart from its competitors. This feature is not available with any other service provider on this list. This feature distinguishes Nationwide Incorporators from standard document-filing services and a full-service law firm.

Even though these companies essentially provide the same service, each has its own set of pros and cons. Signup fees vary, and each has unique features that set it apart. At the end of the day, the time and money spent on an LLC formation service will be significantly less than the cost of employing an attorney. Make sure you understand our organization’s needs as well as how much you are willing to pay before choosing a company to work with. What you lose in terms of money, you gain in terms of time.