Comparison of LLC Incorporation State Fees by providers (TL;DR -> Some providers RIP off Customers, blatant lying)

I am a fan of LLCs. An LLC provides immense benefits for an upcoming new business or a fledgling startup.

There are various online companies that help you get incorporated in various states (states have different pros & cons) and the services they provide differ widely; It is difficult to compare them apples-to-apples.

But all these companies have one firm undeniable common point – the state filing fee. Each state has a fixed filing fee that any new business must pay to get incorporated. Given this is a constant, one might expect that most incorporation services simply pass this buck along to the customer. However, it is surprising (and disappointing) that some of these firms charge you 100% higher that actuals (sad smiley)

 

Example of the State of Kentucky – $40 LLC Incorporation Fee

 

KY charges a simple $40 fee for “Articles of Incorporation”

Now when I try to use the top Online Incorporation firms, I can use this $40 as a fixed constant metric……….or so I thought.

  1. Bizfilings.com  (owned by Wolters Kluwer)

Bizfilings charges you an unbelievable $90 KY State Fee, $50 (125% extra) more than the State Charges!

Bizfilings KY State Fee 90 Dollars - a full 125% higher charge!
Bizfilings KY State Fee 90 Dollars – a full 125% higher charge!

Their Fee Breakdown does not say why its $90….

Biz filings fee breakdown
Biz filings fee breakdown

2.  Incorporate.com  (by The Company Corporation)

The next offender is INCORPORATE.COM – These folks charge their KY filing customers $60, a 50% surcharge over what KY demands…

Incorporate-com KY State Fee 60 Dollars (a 50% price hike compared to KY state fees)
Incorporate-com KY State Fee 60 Dollars (a 50% price hike compared to KY state fees)

 

3.  Form-A-Corp.com 

This company charges a modest $5 increase over the actual state filing fee cost. Again, it is unfair that the customer is not clearly informed of this higher cost.

Form-a-corp-com KY State Fee 45 Dollars (a $5 increase)
Form-a-corp-com KY State Fee 45 Dollars (a $5 increase)

 

All the remaining major companies all seemed to charge the standard $40 that one expects them to honestly & transparently charge a customer.

 

LEGALZOOM

LEGALZOOM KY State Fee 40 Dollars (the correct amount)
LEGALZOOM KY State Fee 40 Dollars (the correct amount)

 

INCFILE

INCFILE KY State Fee 40 Dollars (the correct amount)
INCFILE KY State Fee 40 Dollars (the correct amount)

 

SWYFTFILINGS

SWYFTFILINGS KY State Fee 40 Dollars (the correct amount)
SWYFTFILINGS KY State Fee 40 Dollars (the correct amount)

 

MYCORPORATION

MYCORPORATION KY State Fee 40 Dollars (the correct amount)
MYCORPORATION KY State Fee 40 Dollars (the correct amount)

 

MAXFILINGS

Maxfilings - Looks exactly like INCFILE - KY State Fee 40 Dollars (the correct amount)
Maxfilings – Looks exactly like INCFILE – KY State Fee 40 Dollars (the correct amount)

 

Please share this information with anyone looking to find the right service for LLC incorporation! Thanks for reading this 🙂

 

Regards,
Vishnu

Moonshine Lunch Run 2016 – A cold morning that warmed up into a beautiful afternoon

The Moonshine Lunch Run (MLR) is an annual motorcycle event to kick off riding season, and celebrate motorcycling in its purest form – overcoming adversity (weather, terrain) for the ultimate goal of human triumph through community and shared hardships.

Moonshine Store

HISTORY – Excerpt from the Moonshine Official Website :-

Terry “Austin City Limits” Hammond (11/05/1957 – 11/19/2010)

Terry Hammond was a friend to everyone he met, but especially other long-distance motorcyclists. Even those he never met in person he counted among his friends, and his willingness to open his home and heart to any rider was truly epic.

Terry Hammond

Terry was a Midwestern gentleman, an eighth generation farmer, a family man, a committed Christian, a skilled tinkerer, a community benefactor, and a funny, funny guy. He could sing, cry, laugh and ride, and did them all with relentless enthusiasm.

The Moonshine Lunch Run was Terry’s concept and it meant the world to him, but it was never about him. All the work, all the effort, and all the love he put into this unique event was for the riders. As anyone who’s ridden to Moonshine can attest, it’s not about the ride, it’s not about the burger, it’s about the experience. For that experience, and so much more, riders everywhere thank Terry Hammond.”

Some classic “Moonshine”pictures! 🙂 Enjoy

Moonburger

Moonburger Mural

Carole – On cloud nine

"Carole – On cloud nine" #master #photographer #birdseye #vantagepoint #foreveryoung #moonshine #MLR #pentax #K50

A post shared by Vishnu Narayanan Suresh (@vishnuns39620) on

Honda Goldwing gl1800 with trailer

"Bumblebee Goldwing with trailer" #moonshine #MLR #gl1800 #advrider #trailer #yellow #whyweride #Pentax #K50 #revermoto @revermoto

A post shared by Vishnu Narayanan Suresh (@vishnuns39620) on

Yamaha Super Tenere with sidecar

"Super Tenere Sidecar" #Yamaha #S10 #moonshine #mlr #2016 #advrider #Pentax #K50

A post shared by Vishnu Narayanan Suresh (@vishnuns39620) on

ADV Monsters – BMW F800 & Yamaha S10

"ADV Monsters" #BMW #f800 #gs #Yamaha #supertenere #S10 #advrider #moonshine #MLR #2016 #Pentax #K50 #revermoto @revermoto

A post shared by Vishnu Narayanan Suresh (@vishnuns39620) on

Kawi Sherpa (long distance riding – dual sport)

"Sherpa" #Kawasaki #250 #advrider #moonshine #MLR #Pentax #K50

A post shared by Vishnu Narayanan Suresh (@vishnuns39620) on

Indian Chieftain – Gorgeous American Tourer

Yamaha FJR1300 – Iron Butt Rally (IBA) Ready Machine

"Iron Butt Rally (IBA) Ready Machine" #Pentax #K50 #FJR #Yamaha #farkles #advrider #moonshine #MLR #revermoto @revermoto

A post shared by Vishnu Narayanan Suresh (@vishnuns39620) on

Beautiful HD Tourer

"Harley Davidson Tourer" #whyweride #twowheels #moonshine #MLR #Pentax #K50 #revermoto @revermoto #harleydavidson

A post shared by Vishnu Narayanan Suresh (@vishnuns39620) on

Not enough Gizmos!

Sexy ATGATT

"Colorful Riders" #redandblue #ATGATT #advrider #moonshine #MLR #Pentax #K50

A post shared by Vishnu Narayanan Suresh (@vishnuns39620) on

Can-Am Spyder RT

"Can-am Spyder RT " #threewheeler #advrider #canamspyder #Pentax #K50 #moonshine #MLR

A post shared by Vishnu Narayanan Suresh (@vishnuns39620) on

Gary a.k.a GreenZR

Takes two to Tango

Wise Men

A Tail to tell