Signed up for the $49 LLC formation special, thinking I'd save a few bucks. Turns out that price didn't include the state filing fee, registered agent (mandatory after 90 days), or the 'compliance package' they auto-added at checkout. Final bill was $289. I feel like a chump. Anyone else get burned by these bait-and-switch formation ads?
LLC Formation
The cheapest formation package wasn't as cheap as advertised
Not to victim-blame, but did you read the fine print? Those ads are notorious for hiding fees in the asterisks.
The 'cheapest' package is almost always a loss leader. They make their real money on the upsells and the registered agent renewal. It's a classic funnel.
Name and shame the company. I want to avoid them.
This is why I just formed my LLC directly with the state. Took 30 minutes, cost me $100, and I didnt get spammed with compliance upsells. People overcomplicate this.
Back in my day, you had to hire a lawyer and it cost a grand. You kids and your $289 problems.
The compliance package is usually just a few templates you can find for free online. Might be worth calling them and asking to cancel that part.
$289 isn't terrible when you factor in the registered agent service for a year. If you tried to do it all yourself you'd pay the state fee plus a separate RA service anyway. The 'cheapest' label is marketing, but it's not a scam
I used a similar service and they auto-signed me up for a 'business license compliance' thing that was pure nonsense. Called and cancelled, got a refund. Be persistent.
Did the final bill include a separate charge for the 'corporate kit'? That binder and stock certificates are usually $50+ extra.
Lol they got you with the compliance package. That's their bread and butter.
My experience was different. I paid $49 plus state fee ($125), skipped the RA because I'm my own agent, and declined the upsells. Total was $174. You have to be careful at checkout.
Is the registered agent included after 90 days, or do they just charge you automatically? I'd double-check your card statement next month.
Not all heroes wear capes. Some just call and demand refunds.