If you are looking for the best LLC services for your business with cost-effective and competent business formation, the Zenbusiness review will help you decide if it is worth the risk.
Getting a highly reputable and dependable LLC formation service for your business could be expensive, but you may want to consider Zenbusiness for its affordable fees.
As you are contemplating which LLC service, or formation to use, let’s go through this Zenbusiness review to help you decide if it is the best you can trust or take a risk with.
In this article, you will learn about the type of services, prices, and packages and the pros and cons of Zenbusiness review.
Zenbusinesss – Company Review
ZenBusiness is one of the best LLC formation companies for people who want to kickstart a business founded in 2015 in Austin, Texas.
They are professional LLC formation providers devoted to establishing the easiest way to start and run a successful business.
Also, they plan to help business owners file and retain a compliant and successful LLC formation.
The ZenBusiness has helped thousands of entrepreneurs to get started by forming their LLCs.
Furthermore, they have been able to help many people actualise their dream of starting a new business by offering everything an entrepreneur will need, such as registered agent services, EIN registration, CPA assessing, and even a website for their newly formed business.
In addition, they are prepared to support the next generation of entrepreneurs, startups, and freelancers by providing what other LLC formation companies fail to offer, such as worry-free services, world-class assistance, and an all-inclusive online tool and all the tools that customers need to be effective throughout their business lifetime.
Like several others, ZenBusiness distributes its services into three tiers according to the price and packages.
Unlike other providers, they do not offer a free business formation package, and their lowest-priced tier is quite affordable.
The company aims to assist and encourage fearless entrepreneurs and business owners who would like to risk pursuing their ambition of establishing a successful LLC and creating a better life.
Pros of Zenbusiness
Registered Agent: Zenbusiness offer a free year of registered agent service with all of their packages to keep you state-compliant regardless of which package you availed.
ZenBusiness offers an operating agreement with each of its packages. So for whichever package you choose, you will have one of the essentials in forming and maintaining an LLC.
It is one of the most affordable LLC services, with its pricing starting at $49. While other competitors may offer lower prices, their packages lack key features that only ZenBusiness’s well-curated and packed plans boast.
ZenBusiness provides extended customer support from 8 am to 8 pm on Monday to Friday and 10 am to 7 pm on Saturday and Sunday.
This extended service aims to provide the quality of service they offer over the phone to get value for what you pay.
Zenbusiness presently boasts over 10,000 online customer reviews, with most of the comments being positive.
Cons of Zenbusiness
As a newly founded company, it doesn’t have as much experience yet as some of its competitors.
Employer Identification Number (EIN)
If you choose the Basic Package, you must pay an additional $70 to get your Employer Identification Number.
Types of services
ZenBusiness offers a variety of services for your business; some of them are listed below.
Going through this list will help you decide if their services are okay for your business.
Free 1st Year Registered Agent Service
Every of ZenBusiness’s service packages includes free registered agent services for the 1st year. This service alone carries a heavy price tag.
The operating agreement basic legal document is always required for forming an LLC and is advisable regardless. It establishes the ownership of your company as well as the duties of all of its members.
ZenBusiness LLC’s service includes continued compliance services in its Professional and Premium plans.
This service will help send your business alerts of significant filing deadlines. It will also address your annual filing as well as two yearly amendments.
LLC Formation Speed Options
Zenbusiness has numerous options for speed available, depending on what you need.
These options are less effective in the time the state will take to process your filing.
However, you can choose a plan that will reduce the amount of time considerably, which depends on your choice.
EIN (Employer Identification Number)
If you purchase the pro or premium package of Zenbusiness, you will obtain your EIN for free.
An EIN is used to open a business bank account or hire employees as it is basically like a social security number for a business.
If you choose the Starter Package, you will pay an additional fee to secure an EIN. You could also obtain an EIN yourself for free on the IRS website.
DBA Name Registration
Getting a DBA in the United States is taxing, but Zenbusiness service can help you secure it.
DBA means doing business.
This involves registering a name that allows your business to use a name other than its legal name. These names are often called trade names.
Zenbusiness helps you secure your DBA while following the state guidelines or requirements and also saves you time and trouble.
A banking resolution is comprised of the Pro and Premium ZenBusiness Packages.
This document shows that a company is allowed to open and use a bank account for its business. You can access a record of the decisions your company has made.
ZenBusiness business formation services can help you file annual reports to stay in compliance with state laws and regulations. They file your annual report for you to make sure your business stays compliant.
Annual report filing is included in the Pro and Premium Packages as a part of worry-free compliance.
Domain Name Registration
Domain name registration with a website helps you establish your business’s legitimacy.
Zenbusiness can help you with this task by obtaining a domain name for your business.
Domain Name Privacy
They provide you with domain name privacy once they provide you with a domain name.
ZenBusiness will restore your information with that of a forwarding service in WHOIS to keep your private information out of the public database.
Business Website Builder Tool
Every business deserves a website necessary for an online presence.
You won’t need to create a website on your own, as ZenBusiness will make your website if you choose the Premium Package.
They also provide a website builder tool to create your personalised business website quickly and effectively easily.
A business email address will allow you to market and communicate with your customers and improve your credibility.
This is one of the valuable services that will be provided for you in the Premium Package, or you can purchase it as an add-on for $25/year.
New York Publication
Zen business guides you on how to publish your business in the newspaper located in your LLC location. You will also over a certificate of publication and an affidavit of publication.
They offer two free amendments per year to help you adjust your LLC as needed to make your modifications to your business a lot easier.
Certificate of Good Standing
ZenBusiness provides an add-on as they offer a Certificate of Good Standing.
The state issues this certificate to show that you meet all the requirements to operate in your state.
Business Bank Account
ZenBusiness will help keep your business and personal finances separate by assisting with a business bank account while establishing a relationship with a bank. They do this via Radius Bank.
The company will help you obtain business insurance as they work with Bold Penguin to help secure business insurance for your LLC.
Collecting business insurance for your LLC can help protect your assets as well as your business assets.
Business Name Reservation
Zen business will do a name availability check to make sure your desired business name isn’t already taken.
CPA Assessment And Accounting Service
ZenBusiness provides a CPA assessment that evaluates your finances.
The company will fit you with a CPA that will suit your business to help you with your bookkeeping and other finances.
Live Customer Support
They offer live customer support online during business hours between 7 a.m. to 7 p.m. E. T. on weekdays and 9 a.m. to 6 p.m. on weekends.
Price and packages
ZenBusiness offers three packages with different prices and features you can choose from depending on the level of prices and services you would like.
However, some formation services and packages are billed yearly and continue to provide services to keep you in compliance.
Below are the packages they offer
Starting package is for those looking for the cheapest business formation option.
This package costs $49 per year and includes:
- Standard Filing Speed: This takes between 1-2 weeks.
- Registered Agent Service: They act as your registered agent and obtain official correspondence.
- Operating Agreement: They make a custom operating agreement for your business.
- Preparation and Filing of Articles of Organization: They make and file essential documents with the state.
This is their mid-priced package that includes all the services provided in the basic package as well as these additional ones.
This package costs $199 per year and includes:
- Expedited Filing: With this, your orders are processed ahead of time as orders with standard filing time are finalised in the order they are received.
- EIN Filing: The company will file with the IRS for your employer identification number.
- This IRS number is necessary to hire employees, file for a business bank account, and several other essential functions. Banking Authorization Template: The banking authorisation template is used to help the members of your LLC pass a resolution to allow anyone to open and manage a bank account on your business’s behalf.
- Continued Compliance: They will provide two years of amended filing and annual reports and send you alerts of important dates.
The premium package is ZenBusiness’s highest-tier business formation package. It costs $299 per year.
It contains the basic and the pro packages as well as these features.
- Rush Filing: You will receive the highest speed of filing.
- Domain Name Registration: Zenbusiness will register a domain name for you that goes with your business name.
- Business Website: ZenBusiness will create a website for your company using the information provided in your formation documents.
- Business Email: They will provide you with an email address aligned with your business name.
Zenbusiness Review – Trustpilot Score and Rating
Zenbusiness review on the Trustpilot platform totals 9,607 with a 4.7 excellent rating out of 5.
It has 86% excellent, 8% great, 2% average, 1% poor and 3% bad scores.
ZenBusiness Vs MyCompanyWorks
There are many LLC formation companies like ZenBusiness and MyCompanyWorks that offer high-quality LLC formation services.
Let’s look at some comparisons and contrast between ZenBusiness vs MyCompanyWorks.
Similarities Between Zenbusiness and Mycompanyworks
MyCompanyWorks and ZenBusiness have experiences that have helped form thousands of businesses over the years, with plenty of expertise.
You can save a significant amount of money with ZenBusiness or MyCompanyWorks compared to hiring an attorney for your business formation.
Both companies receive high average rating scores for their customer feedback, which implies an excellent level of client satisfaction.
Both have many other services they provide to your business, from registered agent service to annual reports.
Using either ZenBusiness or MyCompanyWorks opens you to getting a service provider that’s capable of processing an LLC formation promptly.
They are your options if you are in a hurry to speed up your formation process.
They both render absolute customer support networks that can answer all of your difficult questions.
Differences Between Zenbusiness and Mycompanyworks
Here are some comparisons in the prices, package, and some features of both Zenbusiness and mycompanyworks
|Their starter and cheapest package start from $39 (if you use a discount) or $49 if otherwise.
|Pricing starts at $59.
|Their starters package has varieties of features such as a business name availability check, preparation and filing of your articles of organisation, free year of registered agent service and an LLC operating agreement template to help create a very well-rounded formation package.
|The basic package also includes the elements of your business formation, an operating agreement, organisational minutes to help organise meetings, and company alerts system to help you keep track of filing deadlines and compliance requirements
|They are a more recent addition to the industry, as they were established in 2015.
|It opened in 2001 and has since processed more than 60,000 business formations.
|They offer phone, email, and chat support to their customers on Monday to Friday between 9 am, and 9 pm ET and on Sundays from 11 am to 8 pm ET.
|They offer support to their customers via phone from 11 am to 7 pm ET on weekdays, and you can access their email support from 10 am to 8 pm ET.
|Registered Agent Service
|Its service includes registered agent service with all of its LLC formation packages. This service costs $99 per year if ordered separately.
|They only include registered agent service with their $199 Entrepreneur and $279 Complete packages.They only charge $99 per year to add it on.
In conclusion, here is our take on the entire Zenbusiness review.
ZenBusiness is a platform built to meet your business formation needs.
Registering with it gives you access to a personalised dashboard to store important formation documents, receive state compliance alerts, or even organise a domain name and website for your business.
It makes simple legal filings easier and affordable for small-business owners. It prepares and files your business formation documents to avoid the need to bring lawyers or other potentially costly professionals in to do the work.
ZenBusiness makes it easier to keep track of the tasks involved in business formation, as well as many other things that are likely to debar your business growth.
The ZenBusiness services also include add-on features, such as a complimentary assessment from a certified accountant that will help set up bookkeeping, accounting and tax considerations within your first year of business operation.
We hope you find this Zenbusiness review helpful.