Having opened in 2012, Swyft Filings is a relatively young company in the crowded LLC formation service industry.
Still, with thousands of businesses served, they’ve already managed to carve out a significant market share despite heavy competition.
With this Swyft Filings LLC service review, you’ll find the information you need to decide if you want to use their services for your company.
Advantages & Disadvantages
Advantages 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 $50 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 fantastic feedback from their 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 up front. That can make a big difference for companies on a budget.
✔ Even their cheapest formation package includes a 30-minute business tax consult and lifetime company alerts, so although it’s inexpensive it’s still not a stripped down offering.
Disadvantages of Swyft Filings:
✖ None of their LLC formation packages include registered agent service while other many other providers do. Seeing as Swyft Filings charges an annual rate of $149 for registered agent, that’s a major added expense.
Swyft Filings LLC Formation Packages
Is Swyft Filings Good Value? Before we look at their pricing/packages, let’s outline what good value in an LLC formation service looks like. In our opinion, this includes:
1) Forming your LLC with the state, 2) includes one-year free registered agent service, and 3) includes a customizable operating agreement. That said, the only LLC service that offers these three important features in every package is ZenBusiness – an alternative that is $10 less.
Swyft Filings gives their 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
➢ 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.
➢ Lifetime Customer Support: You’ll receive as much phone and email support as you require, throughout the life cycle of your business.
➢ 30-Minute 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
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
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.
Swyft Filings Customer Reviews
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.
If you want to know more about their customer experience, we recommend reading through some reviews for 10-15 minutes. In short, their clients couldn’t be much happier, especially when it comes to how quickly Swyft Filings processes orders.
- SiteJabber: 4.5 out of 5 stars (21,982 reviews)
- Shopper Approved: 4.5 out of 5 stars (21,978 reviews)
- Trustpilot: 9.1 out of 10 stars (1,030 reviews)
Swyft Filings LLC Service Alternatives
If it isn’t clear by now, we think Swyft Filings is a good LLC service. Still, there are so many companies offering formation service these days that there’s really no reason to choose a provider that doesn’t feel like a perfect fit for your unique business.
With that in mind, let’s briefly look at two other good LLC services — IncFile and ZenBusiness.
ZenBusiness – $39: We strongly recommend ZenBusiness, which is the LLC service with the best overall value. Their pricing is a bit lower at $39 and they also include a year of registered agent service. If getting the lowest possible price to form an LLC is your priority, they’re a great option.
IncFile – $0: While Swyft Filings costs $49 to form an LLC, IncFile will do it for $0. Plus, IncFile includes a full year of registered agent service with any LLC service package ― a feature Swyft Filings doesn’t include in any package, and charges $149 to add on. IncFile also has weekend customer support availability, whereas Swyft Filings is only available Monday to Friday.
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 Use 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 Use Swyft Filings:
The lack of registered agent service in all of their LLC formation packages is a pretty major disadvantage for Swyft Filings. Some of their competitors offer a full year of registered agent with LLC service at no extra charge, but Swyft Filings charges $149 to add it on.
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 excellent customer reviews. However, the lack of 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.
Frequently Asked Questions
Got questions? We’ve got answers.
Does Swyft Filings Offer Any Discounts?
We couldn’t find any active discounts, but Swyft Filings offers low rates to begin with. However, if you’re on a strict budget, IncFile will form an LLC for free.
How Does Swyft Filings Compare to Other Formation Services?
As you probably know, there are a lot of online LLC services. If you’d like a better idea of how Swyft Filings stacks up to the most popular and top rated services, check out our comparison reviews:
Does Swyft Filings Have Good Customer Support?
They certainly do. Swyft Filings has knowledgeable and helpful customer support representatives available to field your questions from 10am to 7pm ET every weekday.
Do They Have a Refund Policy?
With Swyft Filings, you’ll receive a 100% satisfaction guarantee with any purchase, including LLC formation. If you’re unhappy with their service for any reason, they’ll provide a refund with no questions asked.
Can I Form an LLC on My Own?
You always have this option, and in fact quite a few entrepreneurs do form their own LLCs. The issue is that it can be considerably more work than some might expect, as you’ll need to track down your state-specific compliance requirements.
On the other end of the spectrum, some people choose to hire a lawyer to form an LLC, but this is typically much more expensive than an online LLC service.
Should I Reserve My LLC Name Before Forming an LLC With Swyft Filings?
It is typically unnecessary to reserve a business name before you hire Swyft Filings to form your LLC, because acquiring your chosen name is part of the formation process itself.
The only common reasons to reserve a name ahead of time is if you aren’t yet ready to form your LLC and want your name to be available when you form your business, or if you’re forming in a state like Alabama that requires names to be reserved in advance of the formation process.
Can I Form an LLC Without Physically Being in the United States?
Absolutely. One of the most appealing aspects of the LLC is the fact that anyone can form one. It doesn’t matter if you’re physically located in the United States, if you’re an American citizen or resident, etc.
Does Swyft Filings Handle Additional State-Specific Requirements?
Many competing LLC formation services do not offer to handle state-specific compliance requirements, but Swyft Filings does.
In their own words: “There are certain states that will require you to publish a notice of business formation in the local newspaper(s) such as Arizona, New York, Nebraska, and Pennsylvania. The requirement can be met by using a filing service such as Swyft Filings.”
What Is the Swyft Filings Customer Support Phone Number and Email?
You can contact Swyft Filings via phone by calling 877-777-0450, and their email address is firstname.lastname@example.org. You can also access their support team by filling out the contact form on their website, and they’ll respond by phone or email as soon as possible.
Does Swyft Filings Sell or Share My Information With Third Parties?
Swyft Filings does have some third-party partnerships that lead them to share your information.
If you look at their package select screen, you’ll see that they provide a free 30-minute business tax consultation with “a national accounting firm,” a free domain name “through our partnership,” and a free business website and web hosting offer which is also provided “through our partnership.” It’s a bit odd in our opinion that Swyft Filings doesn’t even say who these three companies are.
If you’re concerned about privacy, you can tell Swyft Filings that you want to opt out of any additional “features.” Otherwise, we always recommend using Northwest Registered Agent, partially because they don’t sell your info or push unnecessary add-ons.
I’ve Heard LLC Services Like LegalZoom Have a Lot of Upsells. Does Swyft Filings?
Swyft Filings does not aggressively push upsells like some of their competitors do. Once you choose your formation package, there are a few upsells along the way, but they’re logical, like adding a business address or registered agent service. Other than that, they don’t go overboard on upsells.
How Quickly Does Swyft Filings Process LLC Formations?
Swyft Filings really lives up to their name with some of the quickest LLC formation turnaround times in the entire industry.
Their exact processing times vary depending on the requirements of your formation state, which can be as fast as a couple days or as slow on several weeks. They also have expediting service available for an additional fee that can speed up the process considerably.
I Need an EIN but I’m Not Sure I Want to Pay $70. Is It Worth it?
The answer to this question isn’t cut and dried, but rather comes down to a matter of personal preference.
Personally, we love the convenience of having our LLC formation documents and our EIN confirmation in the same place, but if you would rather take on a small hassle than pay Swyft Filings $70 to acquire your EIN, we would understand.
Ready to Register an LLC?
Create your LLC with Swyft Filings or read our comparison of the top 7 LLC services.