MyCompanyWorks Review
MyCompanyWorks is a company that provides business formation and compliance services. They help entrepreneurs with the process of starting a business, including registering a company, filing necessary paperwork, and maintaining compliance with state and federal regulations.
MyCompanyWorks offers a range of services designed to support new and existing business owners. Their offerings include assistance with LLC formation, corporation registration, and other business structures, ensuring that clients meet all legal requirements and deadlines.
In addition to business formation, MyCompanyWorks provides ongoing compliance services, such as annual report filing, registered agent services, and document management. Their user-friendly online platform and dedicated customer support aim to make the process as seamless as possible, allowing entrepreneurs to focus on growing their business rather than dealing with administrative tasks. By offering personalized guidance and expert advice, MyCompanyWorks helps clients navigate the complexities of business regulations, ultimately supporting their long-term success.
4.4
Pricing
Basic ₹4898
Entrepreneur ₹14859
Complete ₹21500
Keys Features
Expedited option ✓
Registered Agent service ✓
EIN application ✓
Operating Agreement draft ✓
Compliance reporting ✓
Ranked 10 from 17 LLC services
Performance: |4.9| 
MyCompanyWorks is known for its efficient and reliable business formation services. The platform is designed to streamline the process of starting a business by automating many of the steps involved. This helps ensure that clients can complete their registration and compliance tasks quickly and accurately. Their online system allows for straightforward tracking of application statuses and document submissions.
Uptime: |4.9|
MyCompanyWorks typically maintains high uptime, ensuring that their website and services are available to users without significant interruptions. They employ robust infrastructure and security measures to minimize downtime and protect client data. However, like any online service, occasional maintenance or technical issues may occur.
Customer Service: |4.8|
Customer service is a key strength for MyCompanyWorks. They provide assistance via phone, email, and live chat, among other means. Their team is known for being responsive and knowledgeable, providing assistance with a range of issues from initial business formation to ongoing compliance concerns. Many customers appreciate their personalized approach and the expertise provided by their support staff.
Pricing: |4.7|
MyCompanyWorks offers a range of pricing options depending on the services required. Their pricing structure is generally competitive within the industry and includes different packages to suit various needs. Basic packages cover essential services like business formation and document filing, while more comprehensive packages may include additional features such as registered agent services and compliance monitoring. They are transparent about their pricing, and there are typically no hidden fees, which helps clients understand the total cost of their services upfront.
Overview
| Free plan? | ✘ |
| LLC filing time on entry-level plan | 8 to 12 business days |
| Expedited option? | ✔ |
| One-off fees, subscription-based, or both? | Both |
| Customer support | Phone, email, and online materials |
| Services Offered | Business formation (LLC, corporation), compliance services, and registered agent services. |
MyCompanyWorks: Value for Your Money
When it comes to LLC formation, you’re likely seeking services such as state paperwork preparation and filing, fast processing times, an EIN, and a customized operating agreement. MyCompanyWorks covers three of these in its Basic plan, with the exception of obtaining your EIN, which requires upgrading to a more expensive plan.
This encapsulates what to expect from MyCompanyWorks: it offers useful services, but the higher-priced plans can overshadow the positive aspects of the company.
MyCompanyWorks provides same-day paperwork processing and a 100% satisfaction guarantee. The Basic plan includes additional perks like a free one-hour tax consultation, a trademark consultation, and free e-delivery of your documents.
They also offer paid add-ons, such as a virtual office, a “get your biz online” package with a domain name, email, and website builder, as well as a dissolution-of-business package.
FEATURES |4.8|
Business Formation: Assistance with forming LLCs, corporations, and other business entities, including state-specific filings.
Registered Agent Services: Provision of registered agent services to handle legal documents and compliance notices.
Compliance Services: Ongoing support for annual report filings, document management, and reminders for important deadlines.
Operating Agreement Preparation: Drafting and providing operating agreements as part of certain packages.
EIN Obtaining: Assistance with obtaining an Employer Identification Number (EIN) from the IRS.
Customer Support: Responsive support via phone, email, and live chat for various business needs.
Good Basic Features, Lots of Pricey Upsells
Fast Processing Time
EIN and Registered Agent Services Are Not Included
Specialized Registration Services
Premium Plan Add-On
Virtual Office Service Add-On
MyCompanyWorks: You Pay For What You Get
You are probably searching for LLC formation services such as state paperwork preparation and filing, quick paperwork processing, EIN, and a customized or personalized operating agreement. Three of them are included in MyCompanyWorks’ Basic plan. Getting your EIN is the only thing that’s lacking. For that, you must acquire a more expensive package.
That about covers all you should anticipate from MyCompanyWorks. It provides several really helpful services; however, the costly plans outweigh most of the positive aspects of the business.
MyCompanyWorks provides 100% satisfaction guaranteed same-day document processing. Free one-hour tax and trademark consultations are also included in the base package, along with free document e-delivery.
In addition, it provides additional costly add-ons including a virtual office, a dissolution-of-business package, and a “get your biz online” bundle that includes a domain name, email, and website builder.
Why MyCompanyWorks Review?
Service Quality: Evaluate customer support and user experience.
Pricing: Assess if the cost aligns with the services offered.
Features: Understand the effectiveness of features like compliance management and document storage.
Ease of Use: Verify how easy it is to use the platform.
Reliability: Look into the reliability of document processing and compliance handling.
Solid Basic Features with Numerous Pricey Upsells
MyCompanyWorks’ Basic plan covers essential LLC formation services and includes some useful bonuses. However, to access certain basic services that other companies provide at a lower cost, you’ll need to pay extra—and sometimes significantly more.
Quick Processing Time
A key advantage of MyCompanyWorks is that, regardless of the plan you choose, they guarantee same-day processing of your LLC paperwork if you place your order and make payment by 3 p.m. Eastern. If submitted after that time, your paperwork will be processed the next business day.
Your documents will be audited for accuracy and compliance, and they will check the availability of your chosen business name and at least one alternative. Your account dashboard, including the Startup Wizard (which we’ll discuss shortly), may be set up swiftly—potentially before you’ve even had dinner. This efficiency reduces the time between ordering your plan and filing your paperwork.
The typical filing time from MyCompanyWorks to your state is 10 to 12 business days. For a quicker turnaround, you can pay a “rush” fee to reduce the time to 8 to 10 business days.
Registered Agent Services and EIN Are Additional Costs
The Basic plan does not include an EIN or Registered Agent services, which is a bit disappointing since many other services do offer these. Given that an EIN is often required to open a business bank account, it’s an essential service that feels oddly expensive, nearly matching the cost of the entire Basic plan.
While many other providers offer free Registered Agent services for at least the first year, MyCompanyWorks requires you to either upgrade to a higher-priced plan or pay a significant one-time fee. It’s unfortunate to have to pay extra for this, though you could designate yourself as the Registered Agent, provided you’re available during standard business hours.
Specialized Registration Services
MyCompanyWorks offers a comprehensive range of additional LLC services and specialized registration options. Even though only a few states require it, a customized Operating Agreement is included with every plan. They also provide dedicated resources on their website to assist expats and non-US citizens with US LLC formation.
You can also use MyCompanyWorks to register an S-Corp, C-Corp, PLLC, or a simple DBA. While there’s information on the website about forming a nonprofit, MyCompanyWorks doesn’t handle this process directly; instead, they refer you to a professional partner’s website that does.
Premium Plan Add-On
MyCompanyWorks’ top-tier add-on is the Premium service. This includes annual reports, entity monitoring to ensure your business remains in good standing, and priority support for any business-related issues.
The Premium add-on also features ComplianceLock, which provides alerts for compliance tasks like meetings and tax deadlines. Additionally, you get access to a library of tax and other forms, 5 GB of secure server storage, and e-ledgers and e-certificates to help reduce paperwork.
While these services come with a substantial annual fee unless you opt for the Complete plan, they may be worth the investment if you need these features.
Virtual Office Service Add-On
MyCompanyWorks offers a Virtual Office service in California, Delaware, Nevada, and Wyoming. This service provides a mailing address, a phone number with voicemail, and a fax number.
Additionally, the package includes MyCompanyWorks’ online mail management service, where your mail is scanned and uploaded for easy access.
Popular LLC Services
PROS AND CONS OF MYCOMPANYWORKS
Pros of MyCompanyWorks
Efficient Service: Streamlined business formation processes with quick and accurate filings.
User-Friendly Platform: Easy-to-navigate online tools and resources.
Comprehensive Compliance: Ongoing compliance support and reminders for important deadlines.
Responsive Customer Support: Accessible support via phone, email, and live chat.
Transparent Pricing: Clear and competitive pricing with no hidden fees.
Cons of MyCompanyWorks
Limited Advanced Features: May lack some advanced features offered by higher-priced competitors.
Additional Costs: Some services, like operating agreements and EIN applications, may incur additional fees.
Basic Tax Services: Limited tax advisory and preparation services compared to other providers.
No License Reports: Business license reports are not typically included.
Varying Customer Experiences: Mixed reviews on customer experiences with support and service quality.
Service Offered
MyCompanyWorks offers a comprehensive suite of services designed to simplify the process of starting and managing a business. They provide expert assistance with business formation, including the setup of LLCs, corporations, and other business structures, ensuring that all necessary state-specific filings are completed accurately. Their services also include registered agent support, which involves receiving and managing legal documents and compliance notices on behalf of the business. Additionally, MyCompanyWorks offers ongoing compliance services to help businesses stay on top of annual report filings, document management, and important deadlines.
For those needing internal documentation, they provide operating agreement preparation as part of their packages. They also assist with obtaining an Employer Identification Number (EIN) from the IRS. To support their clients throughout these processes, MyCompanyWorks offers responsive customer support through phone, email, and live chat, providing valuable guidance and answering questions as they arise.
Tools Available
Business Formation Wizard
Document Management System
Compliance Calendar
Registered Agent Portal
EIN Application Tool
Customer Support Chat
Resource Center
Why MyCompanyWorks Review?
MyCompanyWorks reviews are valuable for understanding the quality and reliability of their services. They provide insights from other users, which help potential customers assess the effectiveness of the business formation process, the responsiveness of customer support, and the overall user experience. Positive reviews can enhance trust and credibility, showing that MyCompanyWorks is a reputable choice for business formation and compliance needs.
Customer Feedback: Reviews provide insights into the experiences of other users, helping potential customers gauge the quality and reliability of MyCompanyWorks’ services.
Service Quality: Reviews highlight the strengths and weaknesses of the service, such as the efficiency of business formation processes, the responsiveness of customer support, and the overall user experience.
Additionally, reviews offer a comparative perspective, allowing potential clients to evaluate MyCompanyWorks against other service providers. They also highlight areas for improvement, helping the company make adjustments to better meet customer expectations. Overall, reviews contribute to transparency and informed decision-making for those considering MyCompanyWorks.
EASY OF USE |4.3|
MyCompanyWorks offers an easy-to-use registration process—that is, if you’re prepared to create an LLC right away. This implies that researching the different choices and additional services before registering a corporation can be a little challenging.
But in my experience, everything gets more simpler and smoother after you place your order and create an account.
Intuitive Interface: The website features a user-friendly design that simplifies navigation and guides users through the business formation process with clear instructions.
Streamlined Tools: Tools like the Business Formation Wizard and Compliance Calendar make complex tasks more manageable and help users track important deadlines efficiently.
Easy Access to Support: Responsive customer support is readily available via phone, email, and live chat to assist users with any questions or issues they encounter.
More Complicated Than Necessary
While MyCompanyWorks offers a user-friendly sign-up process, it’s most efficient if you’re ready to register your LLC right away. It can be challenging to find detailed information on various options and additional services before committing to business registration.
However, in my experience, once you place your order and set up your account, the process becomes much easier and more straightforward.
Getting Started With MyCompanyWorks
If you already know the type of company or service you need when you visit the website, you’ll have a smoother experience compared to someone who doesn’t. The homepage is geared towards those registering an LLC or corporation immediately, leaving you to figure out the rest.
If you’re unsure of what entity to choose, you’ll need to scroll to the bottom of the page or open the “Start a Company” dropdown menu to find the “Which Entity?” section for guidance. The image below shows both of these navigation options.
Most of the other services are tucked away under the “Manage a Company” dropdown or in the footer menu. While this is typical for most websites, the main homepage feature can make these additional options easy to overlook.
Things Get Easier After You Order
MyCompanyWorks offers a lot for new business owners, including bonuses like a free one-hour tax and business consultation and state-specific guidebooks. There’s also the Startup Wizard, a very useful feature that I’ll detail below. However, you need to place your order and create an account before you can access many of these free benefits.
Startup Wizard
After you purchase a registration plan, the service becomes much more user-friendly, thanks to the Startup Wizard in your account dashboard. The Startup Wizard is a customized to-do and how-to list tailored to your business type and chosen state.
It provides all the detailed steps needed to properly set up your company and tracks your progress until each step is completed.
Your dashboard also provides updates on the status of your order and paperwork, allowing you to monitor everything conveniently in one online location.
Website Issues
As mentioned earlier, one of the frustrating aspects of MyCompanyWorks is the website itself. Many services lack clear pricing, and when prices are listed, they’re often shown as “starting at…” rates. To view the full prices and options, you have to navigate through to the order form.
The website would be more user-friendly, and it would be easier to decide if the company’s services are right for you, if the pricing were more straightforward and transparent.
Create a Account with MyCompanyWorks
To begin with, you’re in a better position than someone who doesn’t know what kind of business—or even service—you want or need when you click to access the website. The home page leaves you to work out the rest, assuming you are creating a company or an LLC right away.
If you’re not sure which entity to choose, you’ll need to either scroll to the bottom or click the “Start a Company” dropdown menu to discover “Which Entity?” Both menus are shown in the image below.
The primary homepage feature may draw attention away from all these other alternatives, but the majority of the other services are concealed beneath the footer menu or the “Manage a Company” dropdown, which is how most websites are normally organized.
Create an Account: Sign up on the MyCompanyWorks website.
Business Formation: Choose your entity type and file necessary documents.
Compliance Management: Track and manage compliance tasks and set reminders.
Document Storage: Upload and organize important business documents.
Customer Support: Access support resources for assistance.
Explore Additional Features: Check out any extra features available in your plan.
GTMetrix
COMPLIANCE AND SECURITY |4.8|
Compliance:
Document Tracking: They help you keep track of important deadlines and compliance requirements, such as annual reports and business licenses.
Automated Reminders: Set up reminders for upcoming deadlines to ensure you stay compliant with state and federal regulations.
Filing Services: They assist with the filing of required documents and reports, reducing the risk of errors or missed deadlines.
Security:
Data Encryption: They use encryption to protect your personal and business information from unauthorized access.
Secure Access: Your account is secured with login credentials and potentially two-factor authentication to enhance security.
Confidentiality: Your documents and data are kept confidential and are only accessible to authorized users.
SUPPORT |4.7|
My interactions with the support staff at MyCompanyWorks were, for the most part, the highlights of my review experience. The business only provides phone and email assistance for certain problems. It also offers a plethora of helpful, informative web resources, including a rather large FAQ area and free guidebooks.
I usually try to take advantage of any kind of support a firm provides. On a Tuesday afternoon, I first gave them a call to double check some of the information that I was having trouble obtaining on the internet.
After my initial call, I was connected to a message system that assured me I will receive a call back. Rather, I hung up and gave it another go, answering on the third ring this time. The call lasted roughly six minutes, during which the agent skillfully and easily answered my questions.
Next to my helpful agent, I sent an email asking about MyCompanyWorks’ multilingual services. I had discovered that there was nowhere on the website where this information could be found. The response I received is below; it was timely but unsatisfactory.
I say timely since it took precisely fifteen minutes to respond to the email. It was a little disappointing, though, as one would think that a business serving global business owners would provide non-native English speakers with a better translation service than Google Translate.
Another area where MyCompanyWorks excels is in the online help resources. Free state-specific and non-resident business owner guides are available. A comprehensive, multi-tiered FAQ section addresses inquiries about everything from LLCs and corporations to “what to do next” once you form your company. There’s also a blog with a plethora of helpful articles.
Review
PRICING |4.7|
Basic Plan: Covers essential services like business formation and document filing.
Standard Plan: Includes additional features such as compliance management and document storage.
Premium Plan: Offers advanced services, including registered agent services and tax filing assistance.
Get Ready to Spend
As mentioned earlier, MyCompanyWorks provides a solid range of services and features for new business owners. However, many of these features come with additional costs.
Need registered agent services? That’s extra. Looking for compliance assistance? You’ll have to pay for that too. Want a virtual office? That’s another fee. The numerous add-ons, upsells, and higher costs mean you’ll need to have a decent budget to get started with MyCompanyWorks.
MyCompanyWorks
BASIC
₹4898
/One-Time Free
Filing Speed: 8 to 12 business days
Creative or Digital Services: Free logo
App or Online Dashboard: Online dashboard
MyCompanyWorks
ENTERPRENEUR
₹14859
/One-Time Free
Filing Speed: 8 to 12 business days
Registered Agent Service
EIN Application
Creative or Digital Services: Free logo
App or Online Dashboard: Online dashboard
MyCompanyWorks
COMPLETE
₹21500
/One-Time Free
Filing Speed: 8 to 12 business days
Registered Agent Service
EIN Application
Creative or Digital Services: Free logo
App or Online Dashboard: Online dashboard PLUS Online Premium package account dashboard
MyCompanyWorks
BASIC
₹4898
/One-Time Free
Filing Speed: 8 to 12 business days
Creative or Digital Services: Free logo
App or Online Dashboard: Online dashboard
MyCompanyWorks
ENTREPRENEUR
₹14859
/One-Time Free
Filing Speed: 8 to 12 business days
Registered Agent Service
EIN Application
Creative or Digital Services: Free logo
App or Online Dashboard: Online dashboard
MyCompanyWorks
COMPLETE
₹21500
/One-Time Free
Filing Speed: 8 to 12 business days
Registered Agent Service
EIN Application
Creative or Digital Services: Free logo
App or Online Dashboard: Online dashboard PLUS Online Premium package account dashboard
MyCompanyWorks Alternatives
Frequently Asked Question.
MyCompanyWorks provides business formation services, compliance management, document storage, and additional features like registered agent services and tax filing assistance.
Sign up on the MyCompanyWorks website, create an account, and choose the services you need. You can then proceed with business formation or other tasks through their platform.
You can form various types of entities, including LLCs, corporations (S-corp, C-corp), and partnerships.
Pricing varies depending on the services and plan you choose. They offer different plans, including basic, standard, and premium options.
Yes, MyCompanyWorks offers registered agent services as part of their premium plan and as an add-on for other plans.
Yes, MyCompanyWorks includes compliance management features that help you track and manage deadlines for reports, licenses, and other requirements.
MyCompanyWorks uses encryption and secure access protocols to protect your personal and business information.
MyCompanyWorks provides support through live chat, phone, and email. On their website, they also have a thorough FAQ area.
Yes, MyCompanyWorks offers document storage features where you can upload and organize important business documents.
Yes, they offer compliance management services that include assistance with annual reports and other necessary filings.
The Basic Plan covers essential services, the Standard Plan adds compliance management and document storage, and the Premium Plan includes additional services like registered agent support and tax filing assistance.
To cancel your subscription, contact MyCompanyWorks’ customer support team. They will guide you through the cancellation process and discuss any potential refunds if applicable.