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Has anyone here done this the last time around? What's in it for them? Is there a catch?
by ericb 18y ago
Has anyone here done this the last time around? What's in it for them? Is there a catch?
- rksprst 18y agoPeople usually sign up for "extra features". For instance, I signed up to get reminders during the year for when certain things were due. A corp has a lot of filing requirements, and for a fee they remind me.
- tialys 18y agoUpselling you to other services.
- Shooter 18y agoThe main reason is RA fees. Most people that incorporate in a different state have their incorporation company act as their registered Resident Agent for the life of the company because it is convenient and cheaper than having an attorney act as the RA. So, incorporation companies offer you something that is very low cost (filing) in an attempt to get you to pay the agent fees for years. They might give up a one-time (stated value) fee of $149 in exchange for X years of $100+ in agent fees. As others have noted, they will also try to upsell you on other products and services ("You need an official corporate stamp for your corporation documents!")