ZenBusiness vs. MyCorporation key differences

ZenBusiness and MyCorporation are both popular and reputable LLC formation services. Either can easily form your compliant LLC, and both have reasonable rates, especially compared to hiring a lawyer. However, each has its advantages.

We offer LLC formations starting at $0 (+ state fee), while MyCorporation charges at least $133. Furthermore, we have 18267 positive customer reviews available online, while MyCorporation has about 400 with lower average scores.

Would you like to get some more info before making your decision? Read on to find out everything you need to know about these two LLC formation service providers.

6 Things They Have in Common

  1. Affordable: With either ZenBusiness or MyCorporation, you’ll save a significant amount of money on your LLC formation compared to hiring a business attorney to handle your formation process.
  2. Customer Feedback: With hundreds of reviews available online (or thousands, in our case), both of these companies receive high average rating scores for customer feedback, which indicates a strong level of client satisfaction.
  3. Efficiency: With either ZenBusiness or MyCorporation, you’re getting a service provider that’s capable of processing an LLC formation quickly. If you’re in a hurry, both have options available that can speed up your formation (for an additional fee, of course).
  4. Additional Services: Both MyCorporation and ZenBusiness have many other services to provide to your business, from registered agent service to annual report service and much more.
  5. Customer Support: These two services both have customer support networks that can answer your tough questions. Why go it alone when you can get help from ZenBusiness or MyCorporation?
  6. Informative: MyCorporation has a Learning Center that’s packed with info about business entity types, business licensing, and more. As for ZenBusiness, we have a blog where we share business tips and tricks. Both are excellent resources whether you’re a customer or not.

ZenBusiness vs. MyCorporation Comparisons

Pricing

ZenBusiness: We offer LLC service for free (just pay your state’s fee). If you’re looking for some advanced features, our $199 Pro package adds ongoing compliance assistance, an operating agreement template, an employer identification number (EIN), and faster processing. You also might like our $299 Premium plan, as it adds a business website builder, a domain name, a business email address, and 25+ business document templates.

MyCorporation: Their prices look better on the surface than they really are because they charge an additional $34 for shipping and handling, a fee we’ve added to their package prices to make them easier to compare. While their $133 Basic package is expensive for such a barebones formation package, their $158 Standard package adds a year of annual report service, which is a valuable feature. They only include registered agent service with their $258 Deluxe and $358 Premium packages, and after that, their registered agent service costs $120 per year.

Experience

ZenBusiness: We were founded in 2017 in Austin, Texas. Since then, we’ve served over 700,000 customers. We’re a public benefit corporation that provides $5,000 grants to help our customers kickstart their businesses.

MyCorporation: They’ve served more than 1 million businesses since opening in 1998.

Customer Support

ZenBusiness: ZenBusiness provides access to our customer service team by phone, email, or web chat. We have expanded availability that even includes Sundays — very few competitors have any weekend availability. We pride ourselves in continuously improving the quality and responsiveness of our customer support, and we believe we compare favorably to the vast majority of competitors in this area.

MyCorporation: MyCorporation offers customer service via phone and email. We submitted a question by email and received a response by mid-afternoon the next day. Our question was answered but not greatly expanded on. We also called, and our response was slightly more detailed. We didn’t wait on hold for long, and it was easy to navigate through to a customer service representative. Its support reps are available from 10:30 a.m. to 7:30 p.m. ET on weekdays.

Turnaround Times

ZenBusiness: With ZenBusiness, all formation speeds vary based on state capabilities. Also, if you’re in a hurry, you can choose one of our premium packages to speed things up a bit. When compared to other formation services, we are usually either just as fast or slightly faster. To find out your turnaround time, simply plug in your state and immediately see your estimated processing speed.

MyCorporation: MyCorporation isn’t very clear regarding turnaround times for forming an LLC. Depending on your state it could take a few days, or it could take several weeks. They invite you to pay an extra $100 plus the state’s fees to expedite processing “up to 85%” compared to standard filing, but they provide no specific timeframes beyond that.

Customer Reviews

ZenBusiness: ZenBusiness excels when it comes to customer feedback, as we have 18267 customer reviews available online, and nearly all of them are positive. Our clients are clearly satisfied with our services, and they frequently praise our efficiency, along with the general ease of use provided by our platform.

MyCorporation: Of the 400 reviews we found for MyCorporation, the majority are high ratings, although their overall average score falls a bit short of some competitors.

Ease of Use

ZenBusiness: It’s important to us to make the LLC formation process as simple as possible. All you have to do is choose your LLC package from our three options, provide us with some information about yourself and your business, select which add-on services you’d like, and pay for the order. It doesn’t get much easier than this.

MyCorporation: The application was easy to fill out, and we made it from the first page of the order form to the last screen within about ten minutes. You select your add-on options from the package selection screen before entering the application, but there is another series of upsells and third-party partnership offers right before you pay. The additional services at this stage of the application are offered based on choices you made earlier, and your price adds up on the screen as you go, including state-specific fees.

Additional Services

With either of these companies, you can access many of the same business services, like registered agent service, employer identification number (EIN) acquisition, annual reports, and more. However, there are also some services that are only offered by one company or the other.

For example, we provide assistance with publication services in states that require it (like New York), which MyCorporation doesn’t. On the other hand, MyCorporation offers some branding services that we don’t provide to our customers, like promotional products, apparel, retail packaging, and logo design.

Which is the right service for you?

ZenBusiness and MyCorporation are two popular online LLC formation services, and both can efficiently and effectively register an LLC. If you’re still undecided between these companies, let’s look at a couple of scenarios that might help you determine which one to choose.

➦ Choose MyCorporation if:

Is experience your top priority? MyCorporation has been around longer and formed more businesses than we have, so they could be worth a look if this matters to you.

🎉 Choose ZenBusiness if:

If you’d like to form your LLC with ZenBusiness, we’re here to help. We offer LLC formations starting at $0 (+ state fee), and we have 18267 customer reviews available online. Form your LLC quickly and get more tools to start your dream business.

Recommended article: Direct Incorporation vs. ZenBusiness

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Compare Packages

Identify the LLC package and
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Starter

Premium

Starter

$0

Premium

$299/yr

Starter

Process in 7-10 business days*

$0

PLUS STATE FEES

Premium

Processes in 1 business day*

$299/yr

PLUS STATE FEES

Top Features

Make it official
More InfoWe do everything needed to file your application with the state and make your business official. Standard LLC filing
More InfoWe’ll file your paperwork quickly and accurately. If there are any errors with your filing, our team will do what’s needed to make it right. 100% accuracy guarantee
More InfoKeeps you compliant with all state-required annual report and amendment filings to maintain LLC protections and avoid fines. Worry-Free Compliance
More InfoThis essential document is like the constitution for your business. Operating agreement
More InfoOur team will secure your EIN from the IRS so you can open a business bank account, hire employees, and pay taxes. Employer ID Number (EIN)
More InfoOur fastest service puts you to the front of our line of filings. Our fastest filing speed
More InfoIncludes over 25 templates for contracts, service agreements, waivers, and more. Business documents
Get customers
More InfoGet online with a website builder tool optimized for traffic and customers. Business website builder
More InfoBuild and protect your brand by registering a private domain name that matches your business name. Domain name with privacy
More InfoStay organized and give your business more credibility with a business email. Business email address
Manage finances
More InfoGet a business bank account with no minimum balance, opening deposit, or monthly activities required Business banking
More InfoManage finances in one place: maximize tax deductions, send invoices, and get paid fast. Money Pro bookkeeping
More InfoTax prep and filing for your business, and unlimited tax advice year-round. Unlimited tax advice
Guidance and support
More InfoAccess your online dashboard for all-in-one-place convenience. See your business docs, important reminders, and more. Online dashboard access
More InfoOur highly-rated customer support team is here to help. Reach out by chat, phone, or email with your questions. Customer service
More InfoGet personalized guidance from our Premium Support team to set up your new products and services quickly and without a hassle. Premium Support

Process in 7-10 business days*

 
1 year free, then $199/yr**
+$99
+$99
+$79
+$99
 
+$15/mo
+$35/yr
+$25/yr
 
+$5/mo
+$30/mo
+$49/mo
 

Processes in 1 business day*

 
 
 
+$5/mo
+$30/mo
+$49/mo
 

*Processing times are based on receiving complete information. ZenBusiness processing times do not include Secretary of State processing times, which can vary.
**SPECIAL OFFER – Get Starter for $0 plus state fees. Includes one optional free year of Worry-Free Compliance that renews at $199/yr.
† ZenBusiness is a financial technology company and is not a bank. Banking services provided by Thread Bank, Member FDIC.

Frequently Asked Questions About ZenBusiness and MyCorporation

  • It’s hard to not be a fan of our Starter plan because it’s $0 as long as you pay your state’s required fee. If you’re looking for some more advanced features, our Pro package ($199 + state fee) adds ongoing compliance assistance, EIN acquisition, an operating agreement template, and faster filing. Meanwhile, our Premium package ($299 + state fee) adds a business website builder, a business email address, a domain name, and 25+ business document templates to the Pro package.

  • While some competitors won’t handle state-specific compliance requirements on your behalf, we offer a truly comprehensive LLC formation service. If you’re forming a business in a state that requires publication service to form a compliant LLC, ZenBusiness offers to take care of it for you. Check out our New York publication service offering. For what it’s worth, MyCorporation offers no assistance with publication requirements.

  • As you probably know, there are a lot of online LLC formation services. If you’d like a better idea of how we stack up to the most popular and top-rated services, check out our comparison reviews:

  • Our refund policy is one of the most reasonable in the industry. While many competitors have vague refund policies or even refuse refunds outright, we offer a 60-day money-back guarantee with no fees. Meanwhile, MyCorporation provides refunds at any time within 60 days of your initial purchase date. However, there may be a $25 processing fee involved, so check with them to make sure before making your request.

  • You can, and many entrepreneurs do form their own LLCs every day. However, we appreciate the peace of mind we receive from using a reputable formation service. In addition, each state has its own rules and regulations for LLC formations, so there can often be more legwork than people might expect.

  • We have a significant advantage over most other companies in this industry. That, of course, is our offering of a fully featured business formation service package for $0 (state fee not included). As for MyCorporation, they have a couple of advantages as well, with the biggest one being their experience, as they’ve been around since the 1990s and formed more than 1 million businesses.

  • You can get assistance with ongoing compliance issues from either of these companies. We charge $199 as an annual fee for registered agent service in any state, and we also provide annual report service for $100. MyCorporation offers annual report service for $99 per year and registered agent service for an annual fee of $120.

Disclaimer: The content on this page is for information purposes only and does not constitute legal, tax, or accounting advice. If you have specific questions about any of these topics, seek the counsel of a licensed professional.

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Written by Team ZenBusiness

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