MyCompanyWorks Review: 2020 Edition

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MyCompanyWorks promises to make starting and maintaining your company simple. According to MyCompanyWorks reviews, the firm provides an efficient, cost-effective way to keep your important documents secure and accessible.

Does the firm live up to the hype? In this comprehensive MyCompanyWorks review, we’ll put it through its paces and find out.

MyCompanyWorks Logo

Editorial Rating

Strengths

  • Overwhelmingly positive reviews
  • The basic package includes LLC organizational minutes and compliance alerts as a free extra
  • Outstanding customer support
  • BBB-accredited with an A+ rating
  • Free tax consultation with some of the packages
  • Cost-effective

Weaknesses

  • Very strict about procedures
  • Registered agent service only free with their premier package

MyCompanyWorks Breakdown

Price

$79 + state fees

Processing time

Same-day

Registered agent

On some plans

Operating agreement

Yes

EIN registration

On some plans

Annual compliance

Yes

Advisory service

Yes

Web domain & hosting

Yes

What Is MyCompanyWorks Best for?

The firm provides a host of small business services, including LLC formation, incorporation, and entity management, among others. One thing that almost every MyCompanyWorks review highlights is how easy the service makes things. The outfit has built a loyal fanbase because it delivers on its promises.

MyCompanyWorks Services

There are a ton of favorable services that MyCompanyWorks has in store for its customers.

Registered Agent Services

With most companies, you get free registered agent services for a year with all packages. MyCompanyWorks, formerly MyNewCompany, features this free service only with the premier package. Otherwise, you pay $99 per year.

You get what you pay for. A registered agent receives all your essential legal and state documents on your behalf. Using the service protects your privacy and ensures that you don’t miss crucial filings.

Other Application & Filing Services 

Apply for the following documents through the website:

  • Corporate LLC kits/seals
  • DBA fictitious name
  • Articles of amendment
  • Articles of dissolution
  • Apostilles
  • Certificate of good standing
  • Certified copies
  • Foreign qualifications
  • Annual reports
  • Filing a trademark

Business Services

  • ComplianceLock™: Automatic monitoring and alerts monitoring minutes
  • Business credit building system: An eight-step program that helps you improve your business credit rating
  • MyCompanyWorks virtual office: Set up a virtual office in Nevada or Wyoming with real phone and fax numbers and an address in Cheyenne or Las Vegas
  • MyCompanyForms: Get all the forms you need to begin, manage, or grow your business
  • Merchant account services: These allow you to accept credit card payments
  • Logo and web design: Professional services to help you create a professional image
  • Business and health insurance: Protect your business, your health, and the health of your employees
  • Payroll service: Handles all your payroll requirements
  • Business books and software: Makes managing your business easier
  • Business license service: Allows you to get a local business license
  • Professional or legal services: Puts you in touch with professionals such as lawyers and accountants for a free business tax consultation.

Plans & Pricing

Consider all the offered plans and prices that MyCompanyWorks offers.

Basic LLC Package

The Basic package costs $79 in addition to the state filing fee. You get everything that you need for basic LLC filing services. This includes a range of services that few companies match at this level.

You know how most services provide you with Articles of Organization and operating agreement? That’s only the beginning here. You also get same-day processing for free, unlimited email or telephonic support, a handbook about new LLCs explaining state-specific requirements.

Want even more?

Personalized corporate forms and organizational minutes, online access to all documents, Startups Made Simple eBook.

Entrepreneur LLC Package

You’ll pay $199 in addition to the state filing fee for this package.

With this package, you get everything that you do in the Basic Package and the following:

Your Employer Identification Number (EIN) or Federal Tax Id, MyCompany Forms, Lifetime access to the Business Forms, and tax guides so that you understand your tax option and tax benefits, Seal and Member Certificates, LLC Kit.

Complete LLC Package

This package costs $279 in addition to the state filing fees.

It comes with everything that you get in the Entrepreneur LLC Package and the following add-ons.

You get the registered agent service for a year, a free tax consultation to discuss your tax option and tax benefits, Business License compliance, Domain name, and free hosting for a year, a meeting to discuss your funding options.

Support

MyNewCompany customer service is excellent. Clients may contact the firm via the website (previously) MyNewCompany.com, by email, or by phone. The company works from Monday to Friday, starting at 7:30 in the morning and closing at 4:30 in the afternoon, PST.

Ease of Use

The reason that this ranks as the best LLC website is that it is such a comprehensive solution. The only problem you might have is deciding which of the many options to select. It seems as though the firm has tried to be a one-stop-shop for all your business needs.

Navigating the site is simple. They have an extensive help section and offer phonе support too. Kicking off the process is as simple as hitting the “Getting Started” button. The setup wizard guides you through the process step by step.

If you’d prefer to speak to a consultant in person, set up an appointment to see someone at the Las Vegas office.

My Company Works User Reviews

MyCompanyWorks user reviews aren’t as prolific as you’d expect. Most of the MyCompanyWorks reviews for 2020 are on Shopper Approved. The company scores 4.9 out of 5 with over 3,000 reviews on the site.

The MyCompanyWorks BBB rating is A+. The business has been accredited since 2004, with only one complaint in the sixteen years since. The complaint was that the verification process was too strict. Trustpilot also has just two reviews, and these were also complaints about the procedure.

MyCompanyWorks on Reddit is very quiet with no reviews or complaints.

The reviews agree that service is fast and efficient. While we’d have expected more positive reviews, the lack of negative ones is also a good sign. It seems that the company offers excellent service and delivers what clients expect.

Do they go the extra mile? It doesn’t seem like it, but you’ll get what you expect.

Our Verdict

Is this the best LLC service for those wanting to start or manage an open LLC? Considering the price and efficiency, it’s undoubtedly the best incorporation service. The range of services provided will stand a new business owner in good stead.

Those managing an existing business might be better served looking for a less pricey option. The value-adds like the free tax consultation might be of less interest to an established company.

Alternatives of MyCompanyWorks, INC.

This MyCompanyWorks review wouldn’t be complete without a look at how it compares to other similar services. Here are how three competitors stack up.

MyCompanyWorks vs ZenBusiness

If you’re running on a shoestring budget, ZenBusiness’s $39 package might be a better fit. You’ll get support to form your LLC and registered agent service for a year. You’ll need to prepare many of the documents yourself, but the company provides templates to work with.

To get the same package from MyCompanyWorks would cost $178. While it’s a fair deal more, the value-added services might still make it worthwhile.

ZenBusiness – $39: If getting the most value out of an LLC service is your priority, choose ZenBusiness. They charge $39 for basic LLC formation and include a full year of registered agent services plus customizable operating agreement.

Check out our ZenBusiness review for more details.

MyCompanyWorks vs Northwest Registered Agent

Northwest Registered Agent offers a similar entry-level package for $79. This package includes registered agent services. You don’t get as many value-adds, but you do get more extensive support. If you need a business that offers extended hours, Northwest may be a better option.

For more info about them, consider our Northwest Registered Agent review.

MyCompanyWorks vs LegalZoom

LegalZoom is a brand-leader in the industry. Its packages are reasonably priced. The downside to LegalZoom is that they’ve let their service levels slide. Clients complain of long waits for their documents and filings to be processed.

Wrap Up 

MyCompanyWorks reviews praise the company’s responsiveness and efficient service. We’re impressed by the firm’s sheer range of products. You’re under no obligation to use all or even most of the services. However, it’s good to know that you have the options when you need them. The packages are reasonably priced and offer excellent value for money.

MyCompanyWorks Logo

Editorial Rating

FAQ

What is MyCompanyWorks?

It is a firm offering online formation services, business formation services, and, according to some clients, the best registered agent service.

Is MyCompanyWorks safe?

Yes. The company has never had a data breach and uses high encryption protocols to keep your information secure. Bad MyCompanyWorks reviews are the exception rather than the rule.

Is MyCompanyWorks legit?

The firm started out in 2001 and has been BBB-accredited since 2004. It has since assisted thousands of businesses. The overwhelming number of positive MyCompanyWorks reviews speak to the company’s commitment to outstanding service.

Does the company offer a guarantee?

Yes, the company has a 100% satisfaction guarantee, while clients have 90 days to email the company with their request. They’ll have to return any documents received and explain the issue. That said, state filing fees aren’t refundable, while any fees paid to third-party vendors are excluded from the refund policy. The company may also charge an administrative fee depending on how far along your application is.

What is in the Articles of Organization and operating agreement?

These are important documents because they confirm issues like capital structure and the allocation of profits and losses. Having a professional prepare these documents could save you a legal headache down the line.