Swyft Filings LLC Service Review

Pros & Cons of Swyft Filings

Pros of Swyft Filings

✔ Their base rate of $49 is among the least expensive options for LLC formation service in the entire industry. It’s a tough price point to beat and is $30 less than the very popular LegalZoom.

✔ With the Swyft Filings 100% satisfaction guarantee, they’ll refund their service fees with no questions asked if you’re unhappy for any reason.

✔ Swyft Filings receives strong feedback from its clients. No matter where you look online, you’ll find hundreds if not thousands of positive customer reviews for Swyft Filings.

✔ For cash-strapped entrepreneurs, Swyft Filings allows you to pay for your LLC formation in two installments rather than all upfront. That can make a big difference for companies on a budget.

✔ Even their cheapest formation package includes a one-hour business tax consult and lifetime company alerts, so although it’s inexpensive it’s still not a stripped-down offering.

Cons of Swyft Filings

✖ There are much more affordable options available. At ZenBusiness we’ll form an LLC for free. All you have to do is pay the state filing fee. That’s a $49+ savings.

Swyft Filings LLC Formation Packages

Swyft Filings gives its customers three options when it comes to LLC formation packages: Basic, Standard, and Premium. Each has its own price point and feature set, and for all the details you can check them out below.

Basic = $49 + State Fee

This Package Is Best For: Entrepreneurs who simply want to form an LLC without any bells or whistles.

➢ Preparation and Filing of Articles of Organization: To officially form your company with the state, Swyft Filings will prepare these forms, then file them with the Secretary of State’s office in your state of formation.

➢ Name Availability Verification: They’ll search through your state’s official business database to make sure there aren’t any other companies using the same name you want to use for your new LLC.

➢ One-Hour Business Tax Consultation: A no-obligation consult session with a national accounting firm to discuss how your business is taxed, how to use business bank accounts, and much more.

➢ ComplianceGuard Company Alerts: With Swyft Filings, you’ll gain access to their corporate compliance tool, which keeps track of important filing deadlines so that you won’t ever have to worry about missing a due date with your state of formation. You can also access your incorporation documents here.

➢ One Year Free Domain Name: They’ll provide a domain name for your business website free of charge for one year. After that, you’ll need to pay for your own domain, which is usually $20/year or less.

Standard = $149 + State Fee

This Package Is Best For: Entrepreneurs who want to form an LLC while also getting an EIN and helpful documents for operating their businesses.

Everything from the Basic package, plus…

➢ Federal Tax ID Number (EIN): This is basically the business equivalent of a Social Security Number. It’s a nine-digit code that you can use to hire employees, pay business taxes, open business bank accounts, and more.

➢ LLC Operating Agreement: This document outlines the ownership structure of your new company and also defines some rules and regulations about how the LLC will be operated. Swyft Filings will draft this important document for you.

➢ Banking Resolution: A document listing the people who are authorized to open a bank account for your LLC. This feature is somewhat redundant, seeing as an EIN is included in this package as well.

➢ Organizational Minutes: This form helps you set up your first meeting as an LLC, which is known as the organizational meeting. It’s not required by law that you use minutes for this meeting or even hold the meeting in the first place, but if you want to, this document could be helpful.

Premium = $299 + State Fee

This Package Is Best For: Entrepreneurs looking for a business website package with their business formation service package.

Everything from the Standard package, plus…

➢ Digital Corporate Kit: An electronic version of a classic LLC kit and seal. This symbolic feature includes a digital “seal” that represents your company, a ledger to track ownership transfers, and customized stock certificates for your ownership group.

➢ Business Website and 3 Months Hosting: Through their partnership with an unnamed third-party website builder service, you can get a basic business website made from one of their pre-made templates. Keep in mind that you will be required to cover hosting fees yourself after your three-month trial is up.

In-Depth Swyft Filings Review

Swyft Filings Overall Pricing and Value

Swyft Filings has attractive price points, but the overall value of those packages ends up being a bit underwhelming.

Their Basic package only costs $49, which is a highly competitive price point on the surface but doesn’t include any extra features outside of helping you to establish your business and providing a company alerts system.

Their Standard package is still pretty reasonable for the price, but their Deluxe package is significantly more expensive without adding much value. In addition, their registered agent service costs $149 extra for the year. If this service was included as a feature on their packages, it would provide more value.

Track Record

Founded by an attorney in 2012, Swyft Filings entered the online incorporation business much more recently than some other similar services. Their length of time in business isn’t even in the “About Us” on their website ― we found that info on the Better Business Bureau website.

When it comes to customer reviews, Swyft Filings has an advantage. In fact, we would say that client feedback is one of their major strengths because they have more than 36,000 reviews available online, and more than 90% of them are either 4- or 5-star ratings.

In their reviews, Swyft Filings customers frequently discuss the strong support they receive (more on this momentarily…), often thanking their service representatives by name. They also seem to enjoy the ease of use they get from Swyft Filings, as many of their clients mention how simple it was to set up their new businesses.

Overall, although Swyft Filings is a rather recent addition to the online incorporation service industry, they have already put together an impressive track record that serves as one of their most inviting attributes.

Customer Support

Swyft Filings offers phone, email, and chat support from 10 am to 7 pm ET on weekdays. We reached out via each channel to see for ourselves how their response times were, as well as to determine the quality of their support. We were impressed with the response times for all, although the answers we received were rather basic.

When we reached out via chat, we were connected to a customer service rep almost instantly. The entire chat time was less than one minute, and our question was answered promptly but not expanded upon.

We received a similar response via email within about four hours, which was among the fastest email response times we’ve received across all incorporation companies. Most of their competitors seem to have response times of around 24 hours for email support, but Swyft Filings really lives up to their name in this regard.

Finally, we tested their phone support, again receiving a similar response. We were only on hold for a little over a minute, and when we were connected with a representative, they politely answered our question quickly and concisely.

Overall, we appreciate their fast response times regardless of which method we used to reach out to them. They also aren’t pushy or overly salesy, although the one very minor drawback is that none of their reps expanded on their answer ― they responded accurately but did not provide any additional information.

Ease of Placing an Order

Once you’ve selected a package and any add-ons you need for your business, the application process doesn’t take long ― maybe 10-15 minutes at the most, as long as you have all of the information you need.

While you can add registered agent service to your order, the application makes doing so a little confusing. After putting in your information, you can select to have Swyft Filings designate a business address for you, with a price tag of $29 per month (first month free).

However, later on in the application process, you can select to have them serve as your registered agent. While it appears that the first option is more of a full-service mail forwarding option instead of registered agent service, they don’t make it clear at all what the difference between these choices is.

Once you get through those options, you will have the opportunity to add a business license and permit package to your formation. This feature researches with the federal, state, and local government which licenses, permits, and/or registrations your company may need to operate in a compliant fashion. They then send you the applications, and all you need to do is fill them out and submit them to your state.

Overall Turnaround Time

Swyft Filings promises same- or next-business-day processing. This doesn’t guarantee faster processing once paperwork reaches the state but rather ensures that they never take more than a day or so to submit your documents to your formation state.

Depending on your state’s expediting options, Swyft Filings will also provide rush service with your state government for an additional fee of course.

Whether you choose standard or expedited service, they will provide you with a time estimate for your specific state as you’re selecting a package. All told, their turnaround times are quite competitive with other companies in this industry.

Swyft Filings Reviews From Customers

Swyft Filings is a highly popular LLC formation service, as evidenced by the fact that there are thousands of online customer reviews. Considering how many reviews they have, it’s even more impressive that they maintain such high average scores.

In short, their clients couldn’t be much happier, especially when it comes to how quickly Swyft Filings processes orders.

Here are the things customers like about Swyft:

• Knowledgeable, professional customer service representatives
• Easy and simple to use
• Fast service

And here are some features customers didn’t love so much:

• Unsubscribing from their service can be tricky
• Business address service is confusing
• Cheaper options are available

Customer Service Quality

With Swyft Filings, you can access their customer support team via phone, email, or web chat. In our experience, their response times are quite fast, and their representatives are usually able to answer our questions quickly and accurately. They don’t particularly stand out from the crowd in this area, but they certainly hold their own.

How Does Swyft Filings Work?

With Swyft Filings, you’ll need to complete five primary steps; after that, they’ll form your business for you. Here’s a quick overview of what you can expect if you use Swyft:

1. Customize your package: After you select your state and the business you want to form, you’ll need to select the package you want. You can also add several features, such as registered agent service or an Employer Identification Number.
2. Establish a primary contact for your business: This section is brief, but Swyft needs to know who to call if there is a question about your paperwork. You’ll need to provide a name, email address, and phone number for this person.
3. Business information: Here, you provide Swyft with everything it needs to know about your business, including your desired business name, the management of your business, and more.
4. Compliance: Here, Swyft helps you get set up for maintaining your business each year and getting ready for taxes. Some of these include add-ons, such as getting an EIN from the IRS or getting Swyft’s license assistance package.
5. Place order: In this final step, you can confirm your purchase and, with your credit card on hand, pay any necessary fees. It’s important to note that your total purchase price includes your state’s fee and Swyft’s.

About Swyft Filings

Swyft Filings was created in 2012 by a lawyer, but other than the fact that they’ve helped form tens of thousands of businesses, there is little else on their website regarding their track record.

On their website, they explain their mission statement as follows: “Our incorporation service was designed specifically to help get your company up and running as easily, efficiently, and affordably as possible.

With a knowledgeable staff comprised of business incorporation specialists, we are capable of helping with every step of the incorporation process — no matter where your business is located or what industry it might be in.”

One fun fact about Swyft Filings is that all of their services are backed by a 100% satisfaction guarantee. They say that if they fail to meet your needs “in a friendly, caring, and efficient manner,” they will refund 100% of the fees you paid to Swyft Filings.

Is Swyft Filings Right for You?

Swyft Filings is a strong company that’s generated a lot of growth in the few years they’ve been around. They’ve gotten so popular for a reason, as their customers clearly have few regrets about their decision to go with Swyft Filings over one of their many competitors.

Still, they’re not going to be the right answer for all businesses, so let’s walk through some scenarios in which you may or may not want to become a Swyft Filings customer.

✔ When to Form an LLC with Swyft Filings

If the combination of low prices, quick processing times, and a 100% satisfaction guarantee from a company on the rise interests you, then Swyft Filings should be a good choice for your business.

✖ When NOT to Form an LLC with Swyft Filings

The lack of annual reports and registered agent service in all of their LLC formation packages is a disadvantage for Swyft Filings. Some of their competitors offer a full year of registered agent service with LLC service at no extra charge, but Swyft Filings charges $149 to add it on.

Final Verdict

At $49, Swyft Filings has one of the lowest price points for limited liability company formations that we’ve seen online. They also guarantee their services, and they receive solid customer reviews. However, the lack of annual reports or registered agent service in their formation packages is a bit of a drawback and prevents Swyft Filings from entering the list of our top LLC formation services.

What Other Services Does Swyft Filings Offer?

As with most competitors, Swyft Filings provides a wide variety of additional services to help entrepreneurs form, maintain, and grow their businesses.

We dug into the list of features Swyft Filings offers to see how much they charge for each of these services, which can be especially interesting when examining a la carte pricing for features included in their formation packages.

Let’s take a look at everything Swyft Filings offers and discuss which services are good deals and which ones you can ignore.

• Registered Agent Service ($149): Swyft Filings doesn’t include registered agent service with any of its formation packages, and they charge $149 per year to add it on. You can buy a similar service from competing companies for less.
• DBA Name ($99): A DBA (doing business as) name is an alternative to forming a business entity, as it gives you the legal right to use an assumed business name. The $99 price point is roughly the industry standard.
• Annual Report ($99): Most states require some sort of annual or biennial report from entrepreneurs. This report keeps the state updated regarding some basic attributes of your business, like your address or your registered agent’s name. To be honest, this price point feels a bit high — the annual report is quite a simple document in most states.
• Initial Report ($55): A few states require a similar filing to the annual report when you first open your business. If you operate your LLC in one of these states, Swyft Filings will take care of this requirement for a reasonable rate of $55.
• EIN ($79): It’s very easy to obtain your own EIN from the IRS, so it’s probably unnecessary to spend $79 having Swyft Filings acquire one on your behalf. That said, this is only slightly higher than the $70 standard price point around the industry.
• Amendments ($99): If you need to amend your LLC’s formation documents to reflect important changes made to your business, Swyft Filings will file amendments for $99 each, plus the state fee. This is right in line with the rates charged by most competitors for this service.
• Conversion ($199): Do you want to convert your corporation to an LLC (or vice versa)? Swyft Filings will file the necessary paperwork for $199. Many competitors don’t offer conversion services at all.
• Foreign Qualification ($199): If your LLC already exists in another state, you need to file a foreign qualification rather than a formation. Considering that LegalZoom charges $229 and IncFile charges $149 for this service, this is a middle-of-the-road price point.
• Change of Registered Agent ($149): If you switch registered agents, you’ll need to inform the state using this basic form. This is a high price point for this service (IncFile will file this same form for just $49).
• Withdrawal ($99): Wanting to revoke your right to do business in another state? You can withdraw your business from a foreign state with Swyft Filings’ fairly priced withdrawal service.
• Apostille ($75): Apostille certificates allow your business to operate in foreign countries. For $75, Swyft Filings will file these forms on your behalf.
• Dissolution ($149): Are you ready to shut your LLC’s doors for good? Swyft Filings will complete and file your dissolution paperwork for the industry-standard rate of $149, closing your business and removing your responsibility for keeping up with ongoing maintenance requirements.
• Digital LLC Kit ($99): This service seems to just be an online document storage feature. $99 is a comically high price for cloud-based document storage. In fact, some competitors offer a similar service for free.
• Business License Research Package ($99): This feature includes a list of all the licenses and permits your business needs to operate in compliance with federal, state, and local law. You still have to apply for the licenses yourself, but it’s quite helpful to get a list of everything you need.
• Seller’s Permit ($129): This document signs your business up to pay sales tax in your state. Not many competitors offer seller’s permits, so it’s nice to see Swyft Filings offering this feature.
• Operating Agreement ($35): $35 for a customized operating agreement is a solid deal, especially when you consider that some competitors charge the same rate for an operating agreement template that you need to customize yourself.
• S Corporation Tax Election ($99): If you want your LLC taxed like an S corporation, this is the form you’ll need to file. IncFile offers this service at a reasonable rate of $50.
• Certificate of Good Standing ($45): This is a form that proves your LLC is current and compliant with all regulations in your state. The $45 Swyft Filings fee for this service is a solid bargain, as most competitors charge more for this document.
• Certified Copy ($65): If you need any official copies of your state-filed business documents, Swyft Filings will acquire them for $65. However, some competitors offer much lower prices, like LegalZoom’s $45 offer.