MyCompanyWorks Reviews - Pricing & Alternatives

What Do You Need to Know About MyCompanyWorks?

MyCompanyWorks (formerly MyNewCompany) has been in the business of helping others start and register their LLC, DBA, and any other type of corporation since 2001.

When it comes to helping customers incorporate and form their legal entity, MyCompanyWorks provides an all-inclusive service. Here are some of the highlights:

• Preparation of Articles of Organization

MyCompanyWorks will gather all the necessary information from you via an interactive Startup Wizard to then advise you on how to properly organize your company. This service is included for free with any business formation package or starts at $79 + any state fees.

• Filing of Articles of Organization

Both the preparation and the filing of the Articles are included in a single package and MyCompanyWorks will file with the state of your choice.

• Name Availability Search

Searching and establishing the availability of your name of choice is also offered for free in the same package with the preparation and filing of the Articles.

• LLC Operating Agreement

As part of the step-by-step checklist when forming your LLC, MyCompanyWorks will create a personalized LLC operating agreement that you will receive in your “Welcome Kit”.

• Organizational Minutes

Your personalized “Welcome Kit” will also include Organizational Minutes with any package. Premium Members also get the ComplianceLock feature to alert you of upcoming compliance due dates and automatically generate and send out Minutes.

• Customer Support

Customer support is available via the phone or an email/ticketing system. Although support is limited to office hours (Monday to Friday between 07:00 AM and 05:00 PM for email, and 08:00 AM and 04:00 PM for phone support (PST)), there is a 24/7 “check order status” function to see how things are progressing.

• Guides and Knowledge Base

You can find step-by-step guides to the entire process on the MyCompanyWorks website. They also provide an extensive knowledge base in the form of an FAQ, as well as a checklist to help ready you for the process. The free guidebook goes through all the steps in detail and includes a discount for MyCompanyWork’s services.

• ComplianceLock

This 4-in-1 compliance automation service alerts you of important compliance due dates, monitors your company status for active status, generates Minutes of meetings and Consents, and securely stores your compliance-related documents to ensure protection from identity theft. It’s included in the “Premium” subscription which costs $99/year on top of your startup package.

• Federal Tax ID Number (EIN)

Basic package customers can pay an extra $49.90 for MyCompanyWorks to obtain their Federal Tax ID for them while Entrepreneur and Complete package customers get this service for free. While the Internal Revenue Service (IRS) provides this service for free, it’s convenient to skip the hassle of going through the process yourself.

• Easy-To-Complete Checklists and Step-By-Step Guides

MyCompanyWorks provides a modern service that replaces all the paperwork with easy-to-complete checklists and step-by-step guides. While going through the Startup Wizard, you’ll be asked to complete an online form and you can choose to receive your completed documents for free in e-form or in paper copies via mail. If you sign up for the MyCompanyForms service, you get lifetime access to standard business form templates.

• LLC Welcome Kit With Decorative Seals

MyCompanyWorks keeps things classy by stamping items in your LLC welcome kit with decorative seals. This kit includes a gold-embossed, 3-ring company-branded binder, slipcase document protector, custom member certificates, custom LLC seal, and a member transfer ledger. This package costs $69.00 once-off for Basic package customers but is free for Entrepreneur or Complete package customers.

Ease of Use

MyCompanyWorks is all about making the formalities of forming a business entity as comfortable and modern as possible. Through their Startup Wizard, they basically take you step-by-step through the entire process, going through a checklist of everything you need to put your paperwork in order and to meet the compliance requirements as you launch your venture.

Signing up goes something like this:

1. Visit MyCompanyWorks.com, select the plan of your choice, and proceed to the ordering process.
2. Register on the next page by providing personal contact information, your LLC business name and purpose, the details of your registered agent (if applicable), and adding the relevant members.
3. After this, you make the payment and receive your order details so that you can track it.
4. If submitted before 3 PM your order will be processed the same day. If sent later than 3 PM, it will be processed on the next business day. Once this is done you can log into your account.
5. That’s all it takes. Once you’re there, you can run the Startup Wizard which will guide you through all the required business forms and compliance procedures.

When MyCompanyWorks has all the necessary information, they will forward it to the relevant state authorities for processing. After receiving it back, they’ll ship your completed order to you within the next business day.

With a modern and friendly user interface, checklists, step-by-step guides, and plenty of informative FAQs, the process is a breeze.

Privacy & Security Policy

Throughout your dealings with MyCompanyWorks, you may need to provide personal information, as well as payment details, which is a standard procedure for this type of company. MyCompanyWorks retains the right to keep and use this data for marketing, customer service, and analysis, although they state that they will only keep it for as long as it is necessary. The third-party service, Google Analytics may retain some of your browsing data which you can disable with a browser extension. With ComplianceLock, you’ll also have access to secure storage of all your compliance-related documentation.