Swyft Filings might be just what you need to get your business off the ground without a lot of manual work. They have a range of services for business owners. However, there are some caveats that are important to understand.
Let’s find out if all the positive Swyft Filings reviews are real, or if it’s just a bunch of hype.
This is what’s in store:
- What is Swyft Filings?
- What Does Swyft Filings Do?
- Swyft Filings vs LegalZoom
- Frequently Asked Questions
- Conclusion: Is Swyft Filings Legit?
Now, let’s move out!
What is Swyft Filings?
Swyft Filings is a service designed to help you start and manage a businesses with ease. Whether you’re launching a new venture or looking to handle ongoing compliance requirements, Swyft Filings aims to streamline the process so you can focus on your passion rather than getting bogged down in paperwork.
They offer services in all 50 states and Washington D.C.
One of the key offerings of Swyft Filings to help you establish a Limited Liability Company (LLC) online — This business structure is increasingly popular with smaller companies because of the flexibility and the protection it offers to owners (known as members). An LLC can help to shield your personal assets from business debts in many cases.
The platform boasts a track record of helping over 300,000 businesses, earning recognition from reputable sources like Inc 5000 and ForbesAdvisor. Customers seem to appreciate the convenience and efficiency of Swyft Filings, often citing its exceptional customer service.
I did notice that a suspiciously-high number of Swyft’s Trustpilot reviewers are named “customer,” but that doesn’t prove anything.
Overall, Swyft Filings simplifies the process of starting and managing a business, allowing entrepreneurs to navigate regulatory requirements efficiently and focus on what matters most—their entrepreneurial endeavors.
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Is Swyft Filings a Legitimate Company?
Swyft Filings LLC is a Houston-based business that was founded in 2015 by Travis Crabtree. In 2021, it was acquired by a private equity firm, GreyLion Capital.
GreyLion Capital is also the parent company of Norwood Portable Sawmills, Metal-Era, and Delphon. GreyLion’s key holdings seem to be in the production industry, but Swyft Filings is still run by Crabtree.
Crabtree’s previous experience as an attorney and adjunct media law professor put him in a strong position to run a business filing-related company. Fun fact: before studying law, Crabtree worked as a sports reporter and sports video journalist.
According to Glassdoor, most staff members are happy to work for Swyft Filings, would recommend their company to a friend, and approve of the CEO.
I think anonymous staff reviews are one of the most reliable ways to gauge a company’s internal ethics. In this case, Swyft definitely passes the test.
Swyft Filings isn’t accredited with or rated by the Better Business Bureau (BBB), but they have plenty of customer reviews on the platform. They do have hundreds of BBB complaints closed in the past year, but this is pretty common with any popular offer that involves finance or business.
For context, many legitimate businesses are unaccredited with the BBB.
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What Does Swyft Filings Do?
In a nutshell, Swyft filings helps you get your business registered and organized for a lump sum. But, let’s look closely at everything you can get and how much you can expect to pay.
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1. Tiered Pricing Packages
Swyft Filings offers three main packages to accommodate different business needs and budgets:
- Basic – $0 +filing Fees
- Standard – $199 +Filing fees
- Premium – $299 +Filing fees
So, let’s explore what you get with each package.
The Basic package, starting at $0 plus state filing fees, provides essential services to get your business up and running – business name check, articles of incorporation, document filing with the Secretary of State (SOS), and customer support.
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Moving up, the Standard package offers additional features such as custom corporate bylaws and expedited filing for a fee of $199 plus state filing fees. Standard pricing includes everything in the basic package, plus an ID for taxes — this must be an Employer Identification Number (EIN), which is free through the IRS.
The standard plan also offers custom corporate bylaws, banking resolution, and organizational minutes, as well as electronic delivery of state documents.
If you’re looking for the most convenience and best support, the Premium package at $299 plus state filing fees, includes more perks. In addition to all of the above, you’ll get same-day filing, access to 250+ customizable legal documents, compliance tools, a “free Statement of Incorporator” (these are also typically free through the SOS after you register a business).
On top of all this, you’ll also get a one-year domain subscription from Squarespace (these are usually $12+ when you purchase directly).
Keep in mind that all costs are subject to change and may be issued by third parties. And, if you need to cancel, you’ll have to update your business’ registered agent manually through your state.
Please, always read terms and conditions before you sign up for any offer…and read your emails.
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2. Business & Nonprofit Formation
Swyft offers assistance with business and nonprofit formation, providing guidance through the steps required to establish various entity types according to your specific needs.
Whether you’re considering an LLC for its flexibility, an S Corporation for tax advantages, a C Corporation for its expansive structure, or a nonprofit for altruistic purposes, Swyft can equip you with the expertise and resources to navigate the complexities of formation. With accessible tools and comprehensive support, Swyft ensures that you can confidently initiate your entrepreneurial or philanthropic endeavor and comply with regulatory standards.
From conducting a free name search to completing essential paperwork, Swyft facilitates the process, which can help you to transform your business or nonprofit vision into reality.
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3. Business Management
Once your business or nonprofit is established, Swyft continues to support you in managing its day-to-day operations and staying compliant with legal obligations. From filing annual reports and initial reports to obtaining EIN/Federal Tax ID numbers and making amendments or name changes, Swyft offers a range of services to simplify ongoing management tasks.
Whether you’re navigating conversions, foreign qualifications, or changes in registered agents, Swyft provides guidance at pretty much every step of the way. With access to beneficial resources and expert assistance Swyft can help ensure smooth operations and adherence to regulatory standards.
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4. Additional Business Services
In addition to formation and management support, Swyft offers a variety of additional services to address your evolving business needs. From maintaining compliance with a digital corporate kit and securing necessary licenses to obtaining a Seller’s Permit (Sales Tax ID) and providing registered agent services, Swyft offers comprehensive solutions to help your business thrive.
Whether you require assistance with drafting LLC operating agreements and corporate bylaws, navigating S Corp elections, or protecting your intellectual property through trademark registration, Swyft’s suite of additional services is designed to meet diverse business requirements.
With Swyft, you can access necessary tools and resources to effectively manage and grow your business in one place.
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Swyft Filings vs LegalZoom
Choosing the right platform for business formation and management is crucial. Swyft Filings and LegalZoom are two prominent options in this realm – they both offer services to streamline starting and maintaining businesses.
Let’s look at key differences between Swyft Filings and LegalZoom to help you make an informed decision.
Pricing | LLC plans starting at $0 + filing fees | LLC plans starting at $0 + filing fees |
Services Offered | Focuses primarily on business formation services | Offers a broader range including trademark, copyright, estate planning, and tax services |
Legal Assistance | Does not provide legal advice; customer service focus | Provides access to network of attorneys for legal help |
Customer Support | Known for excellent customer service | Emphasizes professional help from tax professionals |
Both Swyft Filings and LegalZoom offer valuable services, but with distinct features.
Swyft Filings excels in streamlined business formation with excellent customer service, while LegalZoom provides a broader range of services, including legal assistance and tax services.
Your choice between the two will depend on your specific business needs and preferences.
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Frequently Asked Questions
How do I know if a company is legit?
To find out if a company is legit, check registration with government authorities, research their online reputation, verify contact information, and review their website for professionalism. Companies should be transparent about who they are, when they were established, and where they are located.
How do I cancel my Swyft Filings?
To cancel an account, email or call Swyft Filings’ phone number: (877) 777-0450. Before canceling, appoint a new registered agent as required by the terms of service. To withdraw from Swyft Filings, file a withdrawal with the state.
Who are the competitors of Swyft?
There are quite a few companies that offer business filing services in competition with Swyft. Some of the most popular are LegalZoom, Northwest Registered Agent, ZenBusiness, and IncFile.
Conclusion: Is Swyft Filings Legit?
Yeah, Swyft Filings is a legitimate business, in good standing, registered with the state of State of Texas. While they don’t offer legal advice, they’ve got what you need to get a business off the ground. And, they have tons of helpful tools you might want to leverage once your business is up and running.
If you’re a complete newbie, it’s important to note that if you ever want to cancel a business registration with Swyft, you may need to do some of the work manually through your state (and possibly the IRS). So, be sure to read terms & conditions so you understand exactly what you’re signing up for.
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