My Corporation Review

Sarah PritzkerBySarah PritzkerOct. 27, 2019

In a Nutshell

MyCorporation caters to new or emerging business corporations and limited liability companies. The legal services provided are extensive, including document filing, trademark and copyright, federal tax ID, business name search, business formation, and more. With an excellent reputation and reasonable rates, MyCorporation has serviced more than 1 million businesses over the past few decades, and is not slowing down.

pros

  • 1 million clients served
  • Unlimited customer support
  • Affordable plans with special offers

cons

  • Basic plan is pricey
  • Registered agent services isn’t included in Basic Plan

My Corporation My Corporation Visit Site

Best For?

MyCorporation offers several packages, making it a good choice for many different types and sizes of businesses. If you’re just starting out or even just thinking about forming your own corporation, MyCorporation can be an invaluable tool. The company provides insightful and industry-savvy advice and knows exactly what you need in order to get things up and running.

The skilled legal team is also good for larger corporations that don’t want to deal with any of the legalities and prefer to have all of their paperwork handled by professionals.

What Does MyCorporation Provide?

MyCorporation caters to business needs of every kind from starting a business to maintaining all of the legalities involved in running your business. Some of the most important services provided by MyCorporation include:

  • Starting a corporation, including all articles of incorporation and business documents like bylaws, sample minutes, and stock certificates
  • Business name check for availability
  • Vault document storage for all corporate documents in a single location that is easy to share with investors, bankers, advisors, etc.
  • All-inclusive annual reporting about business activities, business locations, current contact information, available with auto-renewal
  • Extensive network of registered agent services to accept any legal or official documents on behalf of the company for ensured compliance (also annual auto-renew)

LLC and corporate services ensure that you keep all of your company’s documents up to date without any concerns. MyCorporation has tools for everything you need to maintain your business from documenting annual meetings, updating your bylaws, and filing your annual reports to issuing and documenting stocks, issuing membership certificates, and electing S/C corp status.

What is particularly nice about working with MyCorporation is that you know you will have all of your bases covered for you. There won’t be any filings that were left unattended or requirements that weren’t met because you didn’t know about them. MyCorporation ensures that you are always compliant, filed, and in line with the legal requirements for your business.

MyCorporation also works with non-profits and individuals who require legal services like copyrights and trademarks on intellectual property.

Pricing Plans for LLC Formation

MyCorporation provides several LLC and corporation formation packages to fit any business budget. Even if your company has the smallest budget available, the Basic Plan is an affordable option for these essential legal services. Here’s a breakdown of the pricing plans and what you get with each one:


Basics
Standard
Deluxe 
Premium
Price
$99
$124
$224
$324
Features
Articles of Incorporation
Name Availability Search

Articles of Incorporation

Name Availability Search

Bylaws, Minutes, and Waivers

Annual Report service

Articles of Incorporation

Name Availability Search

Bylaws, Minutes, and Waivers

Annual Report service

Registered Agent services

Articles of Incorporation

Name Availability Search

Bylaws, Minutes, and Waivers

Annual Report service

Registered Agent services

MaintainMyBiz services

The Basic Plan is a decent option (though not the best) if you are just getting started and have a limited budget. What’s really impressive about this company is that MyCorporation includes annual reports in even its most basic plan. That is a huge perk for new companies.

Meanwhile, if you want everything taken care of for you, the Premium Plan covers the spectrum. You can also choose a lower-tier plan and then just add services to your bill as you need them. Additional services from MyCorporation are available for an additional cost as follows:

Annual report annual auto-renew
$99
Registered agent service annual auto-renew
$120
MaintainMyBiz annual auto-renew
$250
Rush filing
$100 not including state fees
Employer identification number (EIN)
$79
Customized operating agreement
$59
S Corporation election
$49
Business license compliance package
$99
EZShield identity protection annual auto-renew
$199
State unemployment insurance (SUI) annual auto-renew
$150
State income tax (SIT) withholding annual auto-renew
$150 not including state fees
Sales and use tax (SUT) annual auto-renew
$150
Elite kit
$100
Seal and embosser
$40

We think it is a big benefit to the business community that MyCorporation offers individual pricing for one-off services. This makes getting all of the legal assistance you need reasonable and affordable, even within a limited budget.

MyCorporation Background

Backed by lots of positive customer feedback, an A+ rating from the Better Business Bureau, and a huge team of legal professionals, MyCorporation is a household name among businesses across the United States. Providing all of the filing and documentation you need for corporation and limited liability company formation, MyCorporation makes quality and comprehensive legal services affordable and accessible to everyone.

What Customers Say About MyCorporation

“MyCorporation is the best! Every employee is so helpful! I’m so impressed with their ability to assist existing businesses and start-ups. They offered me so many services and an immense amount of information that helped guide my business.” - McKensie Brown

“I love this company. They know exactly what they’re doing and how to help your business become the best and most efficient. Better yet, they deliver exceptional service at a great price! Also, Kellie is very helpful at the office.” - Andrea Douglas

“They provided me with prompt service as I was setting up my small business in CA. I called a lot and everyone over the phone was very helpful and knowledgeable. Great company!” - Michael Dade

Customer Service

MyCorporation has excellent customer support according to thousands of happy customer reviews. You can reach phone support at the following times:

Monday through Friday

7:00 A.M. to 5:00 P.M. PT

You can also send an email with the online contact form provided.

My Corporation My Corporation Visit Site

MyCorporation FAQ

What’s the difference between a limited liability company and C-Corporation in terms of taxation?

According to the IRS ruling, LLCs can choose to be taxed as a partnership or a corporation. A C-Corporation has the ability to split corporate profits between the owners and the corporation, so you’ll end up paying lower tax rates. It is a separate taxable entity with the side bonus of having deductible as a business expense.

If I have a trademark, do I need a copyright?

Trademarks and copyrights actually cover different things, so it may well be that you need each in different situations. Trademarks cover things like unique logos, business names, product names, unique services, and slogans. Meanwhile, a copyright will cover songs, albums, movies or television show scripts, photographs, and more. Depending on the manner of intellectual property you are trying to protect, you'll need one or the other.

Can I form a business on my own?

According to MyCorporation, you certainly can. The reason most people opt for a service like MyCorporation is that there are so many intricate and ever-changing laws, regulations, and requirements that attempting it on your own is usually a recipe for disaster. Hiring a law firm or attorney to do the work is considerably more expensive than outsourcing the job to a place like MyCorporation, too.

Bottom Line

With a customer base that’s over a million members strong and twenty+ years in the business, MyCorporation has certainly stood the test of time and numbers. The company has good customer relations, an extensive offering of legal services, and competitive pricing over multiple plans.

Sarah PritzkerBySarah PritzkerOct. 25, 2019
Sarah Pritzker is a content writer with years of experience and a keen interest in the vast world of online consumer products. She enjoys helping readers make sense of the options on the market in financial industries including credit reports, business loans and car loans.
My Corporation