TailorBrands Review 2023
- LLC filing starts at $0 (+state fee)
- Everything you need to run your business in one place
- Registered agent, EIN, and annual compliance
- Expert support team on call
- Over 500,000 businesses launched
- Extra fee for addons
- Doesn't support C corp and nonprofit formation
TailorBrands offers small businesses a complete range of services to help them get started. While they are better known for their logo, branding and complete business solutions, they also provide LLC formation services.
The LLC filing plan is specifically created to help set up and run an LLC fast and with zero hassle. TailorBrands mission is to help everyone access the necessary tools to build their businesses. Their service Is quite comprehensive as It Includes a complete range of services:
- LLC formation (Including registered agent, operating agreement, annual report filing, EIN)
- Logo creation
- Website design
- Search engine optimization (SEO)
- Business listing
- Domain name
- Digital business card
- Business Cards
- Business mailbox
- Branded merchandise (shirts, stickers etc)
- Social posts maker
The LLC service, in particular, provides clients with an annual plan that takes care of the entire LLC filing process. They also offer additional services as an add-on—we’ll take a look at those in detail later.
TailorBrands services and add-ons are made to cater to small business entrepreneurs—especially those with little time, knowledge, or resources to complete the requirements themselves. This review will focus on LLC filing services, Additional information is available on our 2023 best LLC services guide.
TailorBrands LLC Service review: Ease of Use
An important benefit of using TailorBrands LLC filing services is that it is very easy to use. All you need to do is create an account, log in, fill in your details, and sit back.
To create an account, you can do the following:
- You can get started by visiting their website and clicking on the Sign In option at the top right portion of the page
- Existing users can simply sign in, while new users can select the New User option at the bottom of the page
- Now all you need to do is enter your email address, create a password, and hit the I Agree button
Once you’ve created your account, you can move on to the LLC application process. To apply for an LLC through TailorBrands, follow the steps given below.
- Log into your TailorBrands account
- Look for the LLC option in the panel on the left and click on it
- Answer the application questions
There are seven questions you need to answer to move forward. It will take about 10 minutes to get through all of them.
These include some basic questions, such as your business name and contact details. There are also questions on the services you need from TailorBrands.
Once you submit your application, it will be reviewed by the TailorBrands team. The review process can take between 5 and 8 days. Once accepted, the application is then sent to the state, where it will take another day or a few weeks for further review.
Keep In mind, the service is currently offering LLC creation services for businesses in the United States only and does not support incorporation by non-citizen. If you are looking to form an LLC and you don’t have an SSN and/or a U.S. address, you should consider the Northwest Registered Agent service.
TailorBrands LLC Service review: Pricing
In April 2023 TailorBrands aligned it’s pricing for the basic filing service which will not cost you $0 (+state fees). Here Is a cost breakdown of all additional LLC filing service for this package:
- Registered Agent: $199 / year
- Annual Report Filing: $199 / year
- EIN: $99
- Expedited filing: $49
- Operating Agreement: $29
You’ll get all the features mentioned below. However, if you want to opt for any add-ons, then you must pay an additional fee for them. Another additional fee to account for is any separate filing fee required by the state. This fee is not included in the annual LLC plan price.
You are required to cover any such LLC filing, state, or other fees as per the state’s guidelines. The current filing fee is available on the official website of every state.
TailorBrands LLC Service review: Plans
TailorBrands offers an annual plan at $199 for clients looking to form an LLC. Let’s check out the features of the TailorBrands LLC annual plan. The package includes all the documentation processes necessary to form an LLC, along with the following services:
- Preliminary name availability search
- Annual compliance report
- Priority support
- Notification of upcoming compliance events
- Support to keep your LLC in good standing with the state
TailorBrands LLC Service review: List of Services
Preliminary Name Availability Search
Your LLC filing service begins with the name availability search, the purpose of which is to check whether the business name you want is available in your state. Federal trademark records will be scoured to look for businesses with the same name.
Since LLCs can’t have similar names, you’ll have to be very careful when it comes to your business. For example, trademark names that are registered with the U.S. Patent and Trademark Office (USPTO) can’t be used anywhere else, even if you’re operating in a different state than the trademarked business.
Operating Agreement Outline
An operating agreement is a document that outlines the critical elements of your business. These include:
- Your business structure
- Financial decisions
- Functional decisions
- Administrative details
- Voting rules
- Regulations and provisions
While an operating agreement isn’t mandatory in all states, creating one can make your business operations that much easier. TailorBrands offers a service in the annual plan that provides businesses with an operating agreement. You can use this document to run your business operations smoothly in the future.
LLC Filing with the state – Article of Organization
TailorBrands provides LLC filing services in all 50 states. It can be a tedious process, depending on your experience and the state you’re in. Such complexity is best left to the team at TailorBrands.
The filing process will officially create your LLC. It is done by submitting an Articles of Organization which is also known as Certificate of Organization or Formation in some states.
To file the Articles of Organization, you must have the following details,
- Business name
- Business address
- Company purpose
- Registered agent
- Other member’s names
- Effective start date
- Duration of formation
There is also a filing fee that you must pay when submitting your LLC Articles of Organization. This is a one-time fee that is different for every state. The filing fee is not included in the annual plan price and must be paid separately by the client.
Annual Compliance Report
TailorBrands’ annual plan will take care of your annual compliance report. Since it’s a big responsibility, there’s potential for a lot of confusion during filing. Business owners often overlook its importance and miss the filing date, which only adds to their troubles with the reinstatement fee, late fee, and poor business standing.
That’s why it is one of the most important features provided by the TailorBrands LLC service. For a comprehensive fee of $199, the team will ensure you’re always in good standing and have corporate protection. They will file your annual reports for you and notify you of any upcoming compliance deadlines as well.
While TailorBrands does not offer any advice or legal counsel, they do provide full support to clients. You receive support on a priority basis from the TailorBrands team to assist you through the LLC application process.
TailorBrands also offers additional service that keeps track of your annual compliance requirements. You also get a dedicated LLC formation team that assists you throughout the application process.
Along with all the basic services included in the annual LLC plan, you can also opt for some add-ons such as:
- Registered agent
- Employer Identification Number (EIN)
- Expedited filing
TailorBrands offers registered agent services for your LLC in all 50 states. You will typically be asked if you need a registered agent early on during the application process.
Registered agents are third-party entities that the LLC owner designates. The position is also known as ‘agent for service of process’, or ‘statutory agent’ in some states. However, whether you need to appoint a registered agent depends on the state guidelines where your LLC operates and your personal choice. We highly recommend using a registered agent service and you can learn more about it in our registered agent guide.
The main task of the registered agent is to receive notices, government correspondences, and other compliance-related documents on behalf of the LLC. The agent has to act as the primary source of contact between the state and the LLC.
The registered agent’s responsibility is massive, and it’s quite challenging to find a reliable one on your own. Selecting this add-on means you don’t have to do any of the hard work yourself; TailorBrands will do it for you.
Selecting a registered agent means adding on another $199. It is billed only after the application has been reviewed and the first purchase made.
Employer Identification Number (EIN)
An EIN is similar to a business identification number. It is required by all businesses in the United States that meet certain criteria. Its main purpose is for tax filing, bank account opening, and payment of wages and payroll. Think of it like a social security number or legal proof of your business entity.
Since an EIN is required before you begin operations, you must get it out of the way early on. Application for an EIN involves determining your business’s eligibility and then applying for EIN on the IRS website. You can also send an application by mail, fax, or telephone. The time taken for review will vary.
Once you submit the application and your information is validated, the system generates your EIN immediately.
You can skip all this and simply add this to your annual package to have TailorBrands take care of it.
TailorBrands also provides the option to choose a faster application process for your LLC. While expedited filing is available as an add-on, it is only accessible if the state you’re applying to has the option.
Most states provide same-day or 24-hour expedited filing options at an extra fee. But some states may have additional conditions for the filing method and require you to submit the application in person.
Do you want your LLC formation application to be processed faster but don’t have the time to do it yourself? TailorBrands can take care of it for you.
TailorBrands LLC Service review: Customer Service
If you’ve got zero clue about the LLC formation process, then good customer support is an immeasurable feature for you. And Tailor Brands LLC offers you a variety of ways to get in touch with their customer support team.
You can reach out to them with your concerns via their email address at firstname.lastname@example.org or connect through their chatbot. You can find the chatbot by visiting their website and clicking on the Help button at the bottom right of your screen.
TailorBrands LLC Service review: Our Verdict
TailorBrands services are affordable, customer support is super helpful and fast to respond and the LLC formation process is hassle-free. Similar to other well-known LLC filing services, the TailorBrands team takes care of all your annual reports, so you’re never behind on them.
The biggest upside for us is that you can take care of a lot of the business services (i.e. logo creation, website builder etc) in one place when you incorporate your LLC via TailorBrands.
Pricing:Starts at $0