In our Corpnet review, we will cover this business formations service and how it compares it to the leading competitors.
What is CorpNet? In short: CorpNet helps make business filings easier. Thousands of business professionals, and people looking to start their own company, trust CorpNet. They have multiple services that can help you start a business. Run said business, provide registered agents, and offer partnerships that build trust and confidence with your clients.
Choosing CorpNet is beneficial for your company, seeing that they provide services through an easy and reliable platform that assists you and your clients. They can also help you maintain compliance for your future or existing business. Their expert employees and incorporation services make this process simple, and you can form an LLC with little hassle.
Founded in 2009 and established in California by Philip and Nellie Akalp, Cornet LLC has assisted hundreds of thousands of people to start their business while partnering with other professionals, such as attorneys and certified public accountants. They place your business as a top priority and will help you whether you’re a novice or veteran business owner.
Pricing and Services
CorpNet staff prides themselves on honest and straightforward pricing. Both their order forms and product pages have CorpNet’s fees labeled clearly, so there’s no misunderstanding. State fees remain the same price you would pay at the state office and are not there for CorpNet’s profit but clarity. CorpNet’s goal is to legally and ethically protect your assets from common liabilities that entrepreneurs face.
CorpNet strongly believes that small businesses are just as important as large corporations. Their personalized service guides you through the process of creating and protecting your business or starting you on the right path towards a bright future as an owner.
We will not compare all of their services and prices in our CorpNet reviews. CorpNet provides an extensive list that’s available for download on their website that breaks down this section further. However, below are some examples that cover enough information to give you a good idea of CorpNet’s features and their corresponding costs. Depending on what service you require, the total could be more or less.
Business Formation Filings
Before we dive in, let’s go over some basics of each package and what they include.
Standard includes:
- Company name availability check
- Preparation of Articles of Incorporation (for corporations) or Articles of Organizations (for LLCs)
- Free corporate compliance tool with company alerts
Deluxe includes:
- The same as above
- In addition to a federal tax ID number (EIN)
Complete includes:
- The same as above
- In addition to:
- The A certified copy of formation documents
- One year free registered agent services
- Custom corporate banking resolution
- Electronic delivery of state documents
- Lifetime customer support via phone and email
- And more
Another note to consider is that CorpNet offers Express Processing, which is pricier (starting at $199 and increasing up to $349). In addition, CorpNet also offers 24-Hour Rush Processing with $229 as the minimum to $399 as the maximum for certain orders.
Standard Processing
- Basic: $79
- N/A for Deluxe or Complete
- Basic: $79
- N/A for Deluxe or Complete
- Basic: $79
- Deluxe: $199
- Complete: $249
- Basic: $79
- Deluxe: $199
- Complete: $249
The LLC option has the same pricing as the S Corporation, while the PLLC option is more expensive, starting at $99 for the Basic package and increasing to $299 for the Complete. The remaining options (such as Professional Corporation and Nonprofit Corporation) follow the PLLC pricing.
Sales Tax and Payroll Tax Registrations
State Withholdings Registration
- Standard: $199-$399
- Express: $299-$499
- 24-Hour: $349-$549
Sales Tax Registration (Reseller’s Permit)
- Same as above
State Unemployment Insurance Registration (SUI)
- Same as above
Business Filings and Compliance Services
Business Name Reservations
- Standard: $69
- Express: $169
- 24-Hour: $219
Initial Report (Statement of Information)
- Standard: $89
- Express: $189
- 24-Hour: $239
DBA (Fictitious Business Name Filing)
- Standard: $79
- Express: $179
- 24-Hour: $229
Annual Meeting Minutes (Shareholders/Directors)
- Standard: $149
- Express: $249
- 24-Hour: $299
Foreign Qualification
- Standard: $199
- Express: $299
- 24-Hour: $349
CorpNet’s other services within this department include:
- Amendments
- Dissolution of business entity
- Reinstatements
- Conversions
- Certificates of good standing
- Federal tax ID number form SS-4 (online or paper copy)
- IRS form change letter request
- And more
None of CorpNet’s services exceed $500 based on their website information and pricing list.
Furthermore, they have registered agent services in all the U.S. and can be purchased based on unit size. These are all priced at $149 with a discount rate from 20% to 65%; therefore, the more you buy, the less expensive it will be. For example, 1-50 units are approximately $119, but 501-1000 units are about $59.
Business License and Permits
CorpNet offers the following services to license your company:
- Specialty business license
- Business license research package
- Verification and copies
- License assessment package
- License renewals
These vary between $99 and $249 and mimic a similar pattern of the Express and 24-Hour options being more expensive.
Finally, CorpNet can help with your trademark search and filing services. A comprehensive word report is $299, whereas the logo is $399. If you opt for both, it’s $499. Application preparation costs are the same as the former.
Pros and Cons
Here we’ll discuss a few pros and cons of CorpNet and why they are one of the top companies to assist your business with various services.
Pros:
- Fast and easy
- Reliable and affordable
- Live experts at your service
- Free consultation
- 10% coupon applied to any Deluxe or Complete package
Cons:
- Free consultants are not available in all states
- CorpNet does not include state filing fees or shipping and handling since they vary
Frequently Asked Questions
This part answers some common questions about CorpNet and details more about their services.
Sole Proprietorship
- No legal separation between owner and business
- Individual owner, or married couple
- Taxes are filed as a personal income
- Most inexpensive and straightforward type of business to maintain
- The owner is liable legally and financially
LLC
- Has advantages of proprietorship and corporation
- Limits owner liability
- Management flexibility
- Single or multiple member(s)
- Income distributed to members and taxes are reported on returns
Nonprofit Corporation
- Reflects a civic, religious, educational, or charitable goal
- Tax-exempt
- Accept donations
- Complicated to form and must fulfill strict requirements of the state
- Assets are transferred to another nonprofit if the corporation disbands
Customer Support and Guarantee
CorpNet has a 100% satisfaction guarantee and will refund 100% of service fees if you have an issue, no questions asked. This policy applies up to 30 days after you receive your ordered package.
On the rare occasion you find a mistake or error, CorpNet will correct them as soon as possible with no additional cost.
Reviews and Comparisons
Countless satisfied reviews on CorpNet’s website show that they do a great job quickly and affordably to help you with your business. They have efficient service and communicate clearly about fees. Their services are helpful, and customers hardly experience issues. CorpNet is highly recommended by partnering business owners.
Some competitors are Bizfilings, Incfile, Incorporate.com, and LegalZoom. CorpNet claims that most providers in the same business as them require customers to complete lengthy forms. Then, their competitors use the information given to share with a third party or for marketing purposes. Their requirements include a simple two-page form, and they never share any of your information.
CorpNet has formed more than 100,000 businesses since its foundation. They are accredited by the Better Business Bureau, with a rating of A+. Moreover, CorpNet earns a 5-star rating on Trustpilot.
Check out the full list of the best LLC service providers here.
Final Thoughts
Based on CorpNet’s history, reviews, and pricing, they are a solid choice for business owners, both new and experienced, if you’re looking for support from experienced professionals.
They have a reliable and resourceful staff that can assist in any aspect of your business, from licensing to taxes to compliance services. With their detailed pricing list and excellent customer support, you can expect a great partnership when choosing their affordable services. Their broad capability ensures that your company will be in the right hands.
CorpNet is highly recommended, affordable, fast, and easy to navigate. If you are an owner searching for assistance with your business, large or small, then CorpNet is right for you, and they are there to help in whatever field requires support. For further information or to answer any questions, reach out by either phone or email and be ready to see a noticeable change in the effectiveness of your business.
Top LLC Service Providers