Swyft Filings vs Legal Zoom – Everything You Want To Know
Trying to decide between Swyft Filings vs Legal Zoom? Forming an LLC shouldn’t be a challenge. In fact, you can do almost everything on your own. However, most people find it too time-consuming as there are too many compliance requirements. Also, if you make a mistake, you will have to spend a lot more time correcting the mistakes.
This is why most business owners utilize the services of LLC formation service providers such as Legal Zoom and Swyft Filings. These LLC formation services provide an affordable and convenient alternative for LLC formation.
There are a lot of such service providers out there and it can get a bit tricky to figure out which one is right for your business.
In this Swyft Filings vs Legal Zoom comparison, we will help you figure out who is right for your needs. We will compare the features of these two services and help you choose the right service for LLC formation.
Do Swyft Filings and Legal Zoom Offer Good Value for Your Money?
Legal Zoom has been in this business since 1999 and is widely recognized as one of the most well-known brands in this industry. They have served millions of customers after being in business for more than 20 years. Swyft Filings is a relatively young company. It started operations in 2012 but it has quickly established itself as one of the better LLC formation services out there with thousands of satisfied clients.
Both these companies are reputable and known for good customer service. In addition to LLC formation service, they also offer various other services needed by businesses such as registered agent service, getting a Federal Tax ID, foreign qualification, dissolution, and various others.
On the other hand, Legal Zoom offers a wide array of services including LLC formation but you will also find services related to estate planning, living wills, divorce, residential lease, property deed transfer, and a variety of other services.
In short, both these companies offer good value for your money.
Swyft Filings and Legal Zoom – Things in Common
Before we dig deeper into the differences in features offered by these services, let’s take a close look at some of the features they have in common. Here’s a close look at some of the features where both these services shine:
1. Affordability: If there is one thing that has made these companies popular among entrepreneurs, it is quality service at an affordable price. If you consider the fees charged by an attorney for LLC formation, the basic packages offered by these services are considerably cheaper. It’s a great way for you to form an LLC at an affordable price without worrying about the compliance requirements as they take care of everything you need for LLC formation.
2. Industry Experience: As explained above, both these companies have extensive experience in the industry. Legal Zoom has been active in this industry for more than 2 decades and Swyft Filings has served thousands of customers since 2012. A close look at their customer reviews tells us that their clients are generally happy with the services.
It’s a highly competitive industry and it’s difficult to survive in this business without keeping your customers happy. Since these companies have been in business for so long, it tells us that both of them have the necessary expertise to keep their customers happy.
3. Customer Support: if there is one thing where online businesses lack, it is customer support. However, both these companies do not lack in terms of customer support as they are known for good customer support. You can give them a call or email them to get answers to any questions you might have.
4. Refund: Both these companies offer a satisfaction guarantee which means that you can ask for a refund in case you are not happy with their services.
5. Other Services: Both the companies offer a wide array of services through Legal Zoom offers a much wider range of services as compared to Swyft Filings. However, Swyft Filings offer almost all the services you will need for your business such as getting a Federal Tax ID, foreign qualification, and others.
6. Expedited Filing: Both the companies offer expedited filing services which means a faster turnaround time. In case you want to form an LLC in a hurry, you can choose a higher package and they can complete all the requirements in just a week.
Swyft Filings and Legal Zoom – Side-By-Side Comparison
In this section, we will compare the features of both these services side-by-side to help you get a complete picture of their features.
When it comes to pricing, you’ll find that Swyft Filings offers a basic package of LLC formation for just $49. On the other hand, the basic LLC formation package by Legal Zoom starts at $99. Both these companies offer a wide range of packages to cater to the different needs of their customers. While the base rate of $49 makes Swyft Filings seem like a better choice, you should know that there are several other reasons why Swyft Filings shines over Legal Zoom when it comes to LLC formation.
Basic Package Details
The basic package of LLC formation by Swyft Filings costs $49 in addition to the state fee. At this price, they will help you search through the official business database of the state to ensure that you have a unique name for your new LLC. They will also help you prepare the articles of the organization and file them with the Secretary of State’s office. In addition, you will also get lifetime customer support in this basic package.
What makes this deal even sweeter is a 30-minute business tax consultation with a national accounting firm. This consultation will help you with choosing the right setup for the lowest taxes and using business bank accounts and a lot more. The basic package by Swyft Filings also gives you access to their compliance guard company alert service.
This tool keeps track of important filing deadlines to make sure that you never miss an important deadline. In addition to these features, you will also be given a free domain name for one year though you’ll have to pay the renewal fees after the first year.
The cheapest package by Legal Zoom is termed Economy. It costs $99 in addition to the state fee. For $99, you will get to search through the business database of the state to find a unique name for your LLC. They will also help you prepare and file the articles of the organization. The basic package also comes with lifetime customer support. They will also help you with banking resolution.
As far as the industry experience is concerned, Legal Zoom has served more than 2 million business clients over more than 2 decades. Swyft Filings has been in operation since 2012 but they have quickly gained a significant market share. They have the necessary expertise and experience to help you start a new LLC without any problems.
Both these companies are known for extensive customer support. Swyft Filings offers customer support from 10 AM to 7 PM ET on weekdays. Their customer service representatives are friendly and knowledgeable. A thorough review of their customer reviews shows that their customers are happy with the assistance offered by the customer support team.
As far as customer support of Legal Zoom is concerned, you need to keep in mind that Legal Zoom is a much bigger company and offers a wide array of services. Since they have a lot of customers, it is not possible to keep all the customers happy and this is why you will also find a few negative reviews in addition to a whole lot of positive reviews.
One thing that stands out is the extended support hours offered by Legal Zoom. You can reach their customer service representatives from 10 AM to 8 PM ET on weekdays but the good news is that they also offer customer support on weekends. On weekends, you can reach their customer support team anywhere from 10 AM to 7 PM ET.
As far as the turnaround time is concerned, both offer quick service. The turnaround time depends on the time taken by the state for processing. If you are in a hurry, you can always choose expedited service but you will have to pay extra for that.
Track Your Order
If you like to keep track of your orders, you’ll be able to use the tracking tool available on their websites. The tracking tool is pretty basic but it does the job.
Registered Agent Service
It’s a legal requirement to have a registered agent for every LLC. The registered agent could be a business entity or a person. It serves the purpose of having a physical presence in the state where the LLC is incorporated. The registered agent receives important documents from the state government. Having a registered agent offers many benefits. One of the biggest benefits is that it gives you privacy. Also, you won’t miss any important documents as all the documents are scanned and forwarded to you.
As far as the price of registered agent service is concerned, Swyft Filings offers this service for $149 annually. On the other hand, you will have to pay $299 per year for the registered agent service by Legal Zoom. In simple terms, Swyft Filings is a better choice as the registered agent service is a whole lot cheaper as compared to the service offered by Legal Zoom.
When it comes to customer reviews, both these companies have received thousands of positive customer reviews which shows that their customers are satisfied with their services. Since Legal Zoom is a much older business and offers a wide array of services, all of their customer reviews are not positive. However, it would also be right to say that they have a lot of happy customers.
Both companies focus on user experience. It is extremely easy to use their website and you will be able to get all the documents you need when you log in to their website. They keep things simple and straightforward. In short, there isn’t much to choose between these two services when it comes to ease of use.
Both companies offer a variety of services to their clients in addition to LLC formation service. For instance, you can get a Federal Tax ID, annual reports, registered agent service, and a lot more with both companies. However, there are certain services that are unique to Legal Zoom. As mentioned above, Legal Zoom offers a wide array of services including a variety of personal services such as last will and testament, living trust, power of attorney, divorce paperwork as well as property deeds, among others.
In addition to the basic package, both the companies offer several other packages. With Swyft Filings, you get to choose among Basic, Standard, and Premium packages. In the standard package, which costs $149 and state fee, you get a number of other services including federal tax ID number, LLC operating agreement, banking resolution as well as organizational minutes. The Premium package by Swyft Filings costs $299 plus state fee but it also includes a digital corporate kit as well as a business website and free web hosting for 3 months.
Legal Zoom also offers Standard and Express Gold packages in addition to their Economy package. The standard package costs $309 plus state fee but in this package, you will also get a deluxe organizer, 20 personalized membership certificates, and a decorative seal as well as VIP processing. VIP processing means that your order will be processed faster.
The Express Gold package costs $349 and the state fee. It includes expedited processing which means the turnaround time will come down to a few days. In addition, you also get express shipping where they will ship completed documents by express mail with a tracking number.
One of the biggest gripes of customers buying things online is upsold. These days, it can get extremely frustrating to just buy the thing you want as there are a number of upsells you have to go through before you are able to pay for the service you want. Thankfully, Swyft Filings does not believe in upsells as there is a limited number of upsells. Also, the upsells are related to the business and are not there just to generate extra revenue.
On the other hand, Legal Zoom makes it difficult for you to buy the service you want. You will have to go through a lot of upsells before you are allowed to choose the LLC formation package you need.
Simply put, Swyft Filings makes it easy for you to buy the LLC formation package you want whereas you will have to jump through a number of hoops to buy the package you want with Legal Zoom.
Many companies in this industry share the information of their customers with third parties. This is an additional revenue source for them. With Swyft Filings, you get a number of offers to share your personal information with others. For instance, the free domain name as well as a 30-minute business tax consultation, and free website and web hosting package are provided through other companies which means your information is shared with other parties.
On the other hand, Legal Zoom does not seem to share your information with other parties and is entirely focused on selling their own products.
As far as the refund policy is concerned, both the companies offer a 100% satisfaction guarantee which means that they offer a money-back guarantee in case you are not happy with their services. Legal Zoom allows you to request a refund within 60 days of your purchase. You will get a refund within 5 business days of the request. What makes it really good is that there are no charges for the refund request. Many other LLC formation services charge a convenience fee in case you request a refund.
Swyft Filings also offers a 100% money-back guarantee which means that you can ask for a refund in case you are not satisfied with their services. What makes it better is that they don’t have any hard time limit for you to request a refund.
There are certain states where additional publication requirements. For instance, New York, Arizona, Pennsylvania, and Nebraska require businesses to publish notice of business formation in a local newspaper. Not all the LLC formation services offer this service but Swyft Filings does offer this service.
Overall, both Swyft Filings as well as Legal Zoom are reputed companies and have been in business for several years. It’s a highly competitive industry and it is difficult to survive in this industry for so long without keeping your customers happy. Both these companies have thousands of happy customers as can be seen from extensive positive reviews for both the services.
Both the companies are known for extensive customer support. Legal Zoom shines in this regard as they offer extended customer support hours on weekdays as well as on weekends. Swyft Filings offers customer support only on weekdays and you cannot reach their customer service department on weekends. You get personal customer support with Swyft Filings as every single one of their customers is assigned a personal business specialist. You can give them a call directly in case you have a query.
As far as the pricing is concerned, Swyft Filings is much cheaper as their basic package costs only $49. This basic package provides a lot of value as you get a free domain and web hosting as well as free business tax consultation. On the other hand, the Legal Zoom basic package costs $99 and is a barebones package. You also have to go through a lot of hoops on Legal Zoom in order to buy the package you need whereas Swyft Filings is much more transparent as they do not offer too many upsells.
As far as the user experience is concerned, both the websites are well designed and you get a personal dashboard where you can keep track of the LLC formation process as well as all the documents you need. Both the companies offer a registered agent service but you will have to pay extra for the service. The registered agent service by Swyft Filings is much cheaper at $149 per year as compared to the $299 charged by Legal Zoom.
Swyft Filings is cheaper and offers personalized customer service whereas Legal Zoom has been in business for over two decades and has an excellent track record in the industry. Both these companies are an excellent choice but Swyft Filings offers a lot more value for your money when compared to Legal Zoom.