CorpNet Review 2021
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By: Scam Risk - Expert Reviewer
CorpNet has been in operation since 1997, helping to shape more than 100,000 firms in their 20+ years in the market.
While there are a number of organizations providing LLC formation services, CorpNet has acquired a loyal client base and expertise in this area.
In this CorpNet LLC service review,I will cover the specifics that set their service apart from the competition and help you determine whether or not you would like to use their services for your business.
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Table of Contents
What is CorpNet?
CorpNet is an incorporation service provider that gives professional assistance for the following services:
- Incorporation and LLC Filings – Corpnet provides efficient and reliable assistance in incorporating your business, forming your LLC, or filing for a DBA so you can legally start and operate as a registered business.
- Business Licenses and Permits – CorpNet helps their clients identify the required tax registrations, licenses, and permits based on the kind and place of business they have.
- Registered Agent Services – CorpNet offers affordable and efficient registered agent services that come with 100% satisfaction guarantee.
- Annual Reports and Filings – CorpNet provides compliance monitoring service which includes ensuring that annual reports and other related documents are filed in a proper and timely manner. Annual Report Filing is required in all states except AL and OH.
CorpNet LLC Pricing & Features
CorpNet provides the following LLC formation service packages. Each package includes its unique and distinct features.
Basic Package = $108 + State Fees
The Basic Package is suitable for business owners and entrepreneurs who want an affordable LLC formation services but are willing to obtain their EIN or tax ID number on their own.
Prep and Filing of Articles of Organization: The articles of organization are the official documents that are submitted to form your LLC. CorpNet prepares and drafts them on your behalf and file them accordingly to your state of formation.
Name Availability Check: With the Basic Package, CorpNet will check the availability of your preferred business name by running it through the business database of your state.
Corporate Compliance Tool: CorpNet B.I.Z. is a corporate compliance tool that reminds you of important due dates for filing of documents such as annual reports, tax, and more. This feature gives you storage for documents and enables you to print them with ease.
60-Day Registered Agent Service Trial: This package includes a a trial kit that allows you to test the Basic Package for 60 days
Deluxe Package = $228 + State Fees
The Deluxe Package is one of CorpNet’s LLC formation services that provides entrepreneurs and business owners assistance with paperwork associated with LLC formation including obtaining an EIN and more.
This is most suitable for those who are comfortable with paying more to avoid the hassles of document filing and for business owners who wish to access the registered agent service for a year.
This LLC formation service is inclusive of the Basic package, plus the following:
One Year Registered Agent Service: A registered agent is an authorized representative who accepts documents on behalf of your company and makes sure they are sent to you accordingly.
All 50 states require a registered agent service except for AL and OH. CorpNet provides this agent service for a full year for free. If you wish to continue the service after one year, you can avail their registered agent service for $149 annually.
Federal Tax ID Number (EIN): Unlike the Basic Package, CorpNet will obtain your EIN number from the IRS for you.
24-Hour Document Prep: CorpNet will facilitate the submission of all completed forms within 24 hours upon purchase.
Print Delivery: A hard copy of your documents will be sent to you by CorpNet.
Complete Package = $278 + State Fees
The Complete Package is perfect for entrepreneurs who want assistance in all areas of the LLC formation which include acquiring an EIN number, drafting an operating agreement, and all other incorporation services required for starting a business or company.
The Complete Package is inclusive of the Deluxe package, plus the following:
LLC Operating Agreement: The operating agreement provides the business entity of its ownership structure and some rules and guidelines on its daily operation. If you use CorpNet service, they will draft this document for you under Complete Package.
LLC Kit and Seal: You will receive an LLC kit and seal printed with your company name.
Advantages & Disadvantages
Advantages
- Customer reviews are almost all positive – hundreds of them! This is an indication that CorpNet is one of the business formation services out there that you can rely on if you want to start a business.
- The Basic, Deluxe, and Complete Packages come with 100% satisfaction guarantee. The will refund your service fees, no questions asked if you find them unsatisfactory.
- They are lauded because of CorpNet’s expertise and how they put in a personal touch in their services. This is probably so because CorpNet is a husband and wife team who is responsible for more than 100,000 business formations.
- CorpNet offers an excellent customer support team that’s available on weekdays from 10am to 8pm ET. What’s more, they provide bilingual support in case you prefer to speak Spanish
Disadvantages
- CorpNet’s prices are quite misleading because they did not indicate in their advertised pricing that a separate shipping fee will be charged.
- Their Basic Package is priced at $108 inclusive of registered agent service for 60 days. With other LLC services, you will spend less but get the same service.
How Fast Is CorpNet?
A lot of CorpNet’s customers love them for their fast transactions.
Both the Deluxe and Complete Packages offer document preparation 24 hours! If you have the Basic Package, you will need to pay $49 to avail it as an add-on.
The entire processing time is dependent on two factors, the state filing offices and state backlogs. For those who need a quick turnaround time, express processing is offered by CorpNet valued at $100, same day processing and will expedite the filing with the state.
Ease Of Use
The website for CorpNet is easy to use.
The ordering method is pretty simple with no fuss involved. The services in the website are advertised very clearly with a complete overview of each product. You get a detailed break down of each package, together with a list of add-ons and their prices.
Note that on each package, the state filing fees are additional, so you will notice that the final charge is quite a bit more than the original fee.
2 Popular CorpNet LLC Alternatives
CorpNet is one of the best providers of LLC service. My other two bets would be ZenBusiness and IncFile. If, for any reason, you find CorpNet unsatisfactory, I would recommend either of the two in forming an LLC business entity.
ZenBusiness – $39:
ZenBusiness is known for their low rates and is an excellent alternative to CorpNet. Starting at only $39, this LLC service packages is inclusive of a registered agent service for one full year.
IncFile – $0:
Another top alternative is IncFile. Their Silver package includes a registered agent service starting at $0 valid for a full year.
What is great about this company is that they have a lot of features included in their next-level packages that you won’t find in other LLC service packages.
How Do I Sign Up For CorpNet Banking?
You can sign up for CorpNet bnaking by following the simple steps below:
- Click the “Existing Users Activation” option.
- Key in your CORPNET USER ID and your verification code.
- Click continue button.
- Confirm your mobile number with OTP.
- Choose password reset option.
- Provide your Corporation bank net banking account number.
- Key in the OTP details.
CorpNet Reviews From Customers
The majority of the 400 CorpNet reviews you will find online are positive.
There are also good reports about the outstanding customer support provided by CorpNet, and on how easily and efficiently they facilitate their services.
You can spend a few minutes browsing through the ratings on Trustpilot if you want to get a better feel of their consumer reviews. CorpNet seems to be extremely successful with their customers.
Does CorpNet Have A Registered Agent Service?
Yes, they do. Their Basic, Deluxe,and Complete packages all come with the registered agent service priced at $149 annually. Note that the service fees of these packages do not include the state filing fees. But what is good about them is that they provide a 100% satisfaction guarantee.
Is CorpNet Right For Your Business?
CorpNet is a highly experienced company that specializes on LLC formation service. If you want to get started with your business, work with CorpNet. They are one of the best options for LLC formation.
They work on your behalf in a highly efficient manner but with a personal touch, making them very popular among their clients.
They’re not suitable for all business clients, of course. Below are some situations where you may or may not want to use their services.
When to Form an LLC with CorpNet:
CorpNet is for you if customer support is something that you value. Their 100% satisfaction guarantee might also appeal to you, which makes them reliable and trustworthy.
When NOT to Form an LLC with CorpNet:
You will spend less with their competitors. The other LLC formation service providers have lower rates that include one full year of registered agent service.
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Does CorpNet Have Good Customer Support?
Customers rave about how excellent their customer service is as seen in reviews across the web including Facebook. CorpNet very much excels in this area.
When it comes to customer feedback, CorpNet outshines their competitors. They have an average of 9.7 out of 10 score with 292 reviews. This is probably due to the satisfaction guarantee taht hey provide their customers that refunds all fees for the services.
Do They Have a Refund Policy?
They do have a refund policy. The refund process has a 60-day window from the date of purchase. All you have to do is to request a refund before this window expires and they will refund 100 percent with no questions asked.
Should I Reserve My LLC Name Before Forming an LLC With CorpNet?
If you are not yet sure if you are ready to form your LLC, you can have your company name reserved in your state to ensure the slot. This is why most entrepreneurs do name reservations.
Sometimes a state like Alabama would require to reserve your business name as part of the process, but overall, this isn’t really necessary.
Does CorpNet Handle State-Specific Requirements For LLC Formation Services Like New York Publication and Alabama Name Reservation?
CorpNet is a very well rounded LLC formation service. They make sure all possible steps including state-specific requirements are taken. They provide the necessary legal advice for the entire process of your LLC formation.
If your state requires name reservation, a publication service, or any other state-related requirement, CorpNet will work on it to ensure that the entire LLC formation process is smooth.
Other Than LLC Formation, What Else Can CorpNet Do?
Besides LLC formation services, they also provide other services that can assist business owners and entrepreneurs in forming and growing their companies.
Some of these include a corporate compliance tool that is fully automated, registered agent service, annual reports, foreign qualifications, conversions, dissolutions, amendments, S Corporation tax elections, reinstatements, Secretary of State filings, etc.
They run programs such as affiliate program (with affiliate commissions), referral program, and partner program, to name a few. In all of these programs, you get the chance to earn extra (referral fees, partner program commissions, affiliate commissions).
I’ve Heard LLC Services Like LegalZoom Have a Lot of Upsells. Does CorpNet?
Yes, they do but thankfully, they were able to keep it to a minimum. They don’t annoy nor overwhelm you with tons of upsells to get you to upgrade to premium packages.
On the other hand, I don’t particularly like the fact the CorpNet web site is not transparent with the shipping costs involved in the process.
You will have to pay an extra $29 apart from the listed price displayed on the web site which, for me, is a little too much for a few pieces of documents. You will find that this is a common complaint that you will read in some of their reviews online.
CorpNet Reviews: Is CorpNet legit for LLC Formation ?
CorpNet is a legit LLC formation service. They have been in operation for decades and have helped over 500,000 companies.
They have positive customer reviews online, which have earned them a very high ranking against their competitors. Their clients rave about how quickly and efficiently handled all aspects of the LLC formation of their companies.
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CorpNet Reviews: Final Verdict
CorpNet offers the most excellent customer service and satisfaction guarantee among other LLC formation service providers. Their integrity and responsiveness are key to why companies choose them.
Overall, they provide packages that are reasonably priced and are reliable for starting a business. While this is true, there are other competitors’ services that can outdo the prices and features offered by CorpNet.
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