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Bizee Compared to BizFilings
Bizee Compared to BizFilings: A Summary
- Reserve an entity name
- File a DBA
- Get an EIN
- Business license and permit research
- CD including customized operating agreement, corporation bylaws, corporation organizational meeting minutes templates and resolutions
- Convert between different entity types
- Foreign qualification
Expertise and Information on LLC Formation
Arriving at the Company Formation Website
What can you expect when you visit the websites for the first time?
Bizee
Bizee’s front page gets you straight into the process of starting a business by asking you the type of entity you want to create and providing information for each one.
BizFilings
BizFilings’ website also lets you get straight to the process of starting a business. They also provide an extremely brief overview of the different business entity types.
Comparing Different Business Entity Types
Prospective business owners will need to review their options when deciding on the right business structure. It’s important to have the right information so you can make an informed, educated choice.
Bizee
Bizee has dedicated pages on each entity type, from LLCs to C Corporations, plus a Business Resources designed to give a prospective business owner deep insight into the business structure that’s best for them. It also has an overview page and comparison chart highlighting the key benefits and drawbacks for each type of business entity.
BizFilings
BizFilings also has a comparison page listing the differences between the various types of business entities. The information here is not that comprehensive, and it’s difficult to do a side-by-side, at-a-glance comparison.
Bizee has a large collection of helpful documents for prospective business owners. BizFilings does have supporting documents, but they are not quite as wide-ranging or in-depth.
Cost Comparison: Bizee and BizFilings
Both incorporation businesses provide three packages for LLC company formation. As you can see, BizFilings is much more expensive across each package, and they also provide fewer services than Bizee.
- Free entity name check
- Preparation and filing of Articles of Incorporation
- Tracking of order progress
- Customer support
- A corporate kit
- Sample Operating Agreements and other customizable forms
- Expedited processing
- An Employer Identification Number from the IRS
- A compliance DVD
- Copies of state-filed documents
- Expedited filing
- Overnight shipping
Other Business Services Offered
Both Bizee and BizFilings provide several business services besides company formation. We’ve included a summary of those services below, along with the price from each provider.
Registered Agent Services
Provides a Registered Agent to take care of receiving your official business filings and paperwork.
Company
Cost
Free for the first year, then $119 a year thereafter
Free for the first six months, then $174 a year thereafter
Reserve an Entity Name
Reserve the name you want to use for your business prior to your legal formation.
Company
Cost
Not offered as a service, since name reservation is automatically included in the business formation process
$35 + state fees
“Fictitious” or “Doing Business As” Name
Use this filing to do business under a different name than the name of your LLC.
Company
Cost
$99 + state fees
$95 + state fees
Employer Identification Number From the IRS
Most LLCs will need an EIN for tax identification purposes.
Company
Cost
Included as part of the Standard and Premium packages, or $70 as a one-off fee
Included as part of the Complete package, or $79 as a one-off fee
Customized Operating Agreement
An operating agreement defines various facts about the owners of a business and how they will interact.
Company
Cost
Included as part of the Standard and Premium packages, or $40 as a one-off fee
Included in Standard and Complete packages as a CD or $39 to buy the CD as a one-off fee
Banking Resolution
A banking resolution authorizes certain individuals within the business to access, control, and act as a signatory on business bank accounts.
Company
Cost
Included as part of the Standard and Premium packages, or $35 as a separate service
Included in Standard and Complete packages as a CD or $39 to buy the CD as a one-off fee
Business Licenses and Permits Research
LLCs require various permits and licenses to operate.
Company
Cost
$99
$99
S Corporation Tax Filing Structure for an LLC
This type of tax filing can save significantly on self-employment taxes.
Company
Cost
Included as part of the Standard and Premium packages, or $50 as a one-off fee
Not offered as a service
Trademark Search and Registration
Trademark searches look for trademarks similar to those you want to register. Trademark registration takes care of the trademark filing and approval process.
Company
Cost
$199 + federal fee for both trademark search and registration
Not offered as a service
Annual Report Filing
Helps you file an annual or biennial report or statement of information with the relevant agency.
Company
Cost
$99 + state fee
Available, but price not listed
Corporate Kit and Seal
A corporate kit provides a way to gather and file paper documentation, membership or share certificates, and a seal with your company’s name.
Company
Cost
Included as part of the Standard and Premium packages, or $99 as a one-off fee
$99
Corporate Bylaws
Bylaws are required for S Corporations and C Corporations for corporate governance. They are not required of LLCs.
Company
Cost
$30 or included as part of Standard and Premium packages
Included in Standard and Complete packages as a CD or $39 to buy the CD as a one-off fee
Corporation Organizational Meeting Minutes Templates
S Corporations and C Corporations are required to keep business minutes of formal meetings. This is not required of LLCs.
Company
Cost
Included in Standard and Premium packages, or $25 as a separate service
Included in Standard and Complete packages as a CD or $39 to buy the CD as a one-off fee
BizFilings does not provide as many services as Bizee
Although they do offer some specialist services not available as part of many incorporation businesses, like changing between entity types, many of these services won’t be applicable to the majority of entrepreneurs.
When it comes to basic incorporation and Registered Agent services though, Bizee is less expensive than BizFilings across all packages. Bizee doesn’t charge anything to incorporate your business, while BizFilings’s minimum fee is $99. Additionally, Bizee’s Registered Agent service is free for the first year, then $119 a year thereafter, whereas BizFilings is free for the first six months, then $174 a year.
