Firstbase LLC Review, Features, Pricing, Alternatives And More.

In just three short years since its inception in 2018, Firstbase LLC has already assisted thousands of businesses from over 120 countries to register their businesses. Despite being a relatively new establishment, its success in helping founders worldwide to incorporate a business in the United States sets it apart from other incorporation services.

What makes Firstbase stand out, even more, is the comprehensive package of services it provides, which includes getting an EIN and opening a business bank account, as well as offering clients tens of thousands of dollars in perks. It’s clear that the company is making waves in the business world by simplifying the incorporation process and providing a valuable suite of services for business owners.

Firstbase.io LLC Service overview

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More than ten thousand founders from over a hundred countries have used their product, Firstbase Start, to launch their startups. For many founders, Firstbase has become what they type into their address bars when they think about incorporating a business.

But Firstbase is much more than just incorporation. Their team is dedicated to solving some of the startups’ hardest problems, with a particular focus in:

• Democratizing access to financial infrastructure
• Automating mundane tasks every founder faces when running a business
• Making tools and resources more accessible to everyone, everywhere
• Building integrated solutions for founders and removing friction
• Delivering opportunities to traditionally overlooked founders and companies
• Democratizing access to knowledge

Pros and cons of Firstbase.io LLC

Pros of Firstbase.io LLC

• It grants its clients access to the most potent startup ecosystem globally
• A safe dashboard
• It offers its customers a full year of registered agent costs
• Tens of thousands in credits for a variety of services
• US business bank account
• Offers legal guidance
• A free tax consultation
• Expert support for a lifetime
• US address set up
• US EIN

Cons of Firstbase.io LLC

• You can only incorporate in two states
• It only has a single pricing plan
• Doesn’t offer auxiliary services like annual report notifications

Firstbase.io LLC’s Key features

US company formation

Firstbase.io simplifies the process of building a company in the United States for all of its customers, regardless of their residence. The service is currently available exclusively in Wyoming and Delaware, which customers should keep in mind when deciding to use it. While Firstbase.io provides consultation services to help customers make the best decision for their businesses, ultimately, the final choice of the state is left to the customer’s discretion. In the words of Mark Milastsivy, the founder and CEO of Firstbase: “We aim to empower entrepreneurs from all around the world to build their businesses in the United States, and our services make it easier than ever to do so.”

Registered Agent services

Firstbase works in tandem with reputable registered agents who operate in Wyoming and Delaware. By having a registered agent handle the important documents, Firstbase.io ensures that clients can run their businesses remotely while remaining confident in their compliance with regulations. The registered agent also assists clients in maintaining copies of vital company documents, including the certificate of formation or incorporation, which serves as an essential backup in the event of emergencies.

Moreover, Firstbase takes client confidentiality and privacy seriously by ensuring that personal information is secure and not publicly available on the state record.

US bank account

Firstbase, a leading agency that helps entrepreneurs start their own businesses, offers a comprehensive package that includes a primary feature – opening a bank account for its clients. To provide the best possible service, Firstbase.io has established a working relationship with Mercury, an online bank that caters specifically to businesses.

Upon obtaining an EIN, Firstbase automatically opens a bank account for its clients, streamlining the process and saving them time and hassle. In addition, Firstbase clients who use their Mercury debit card for purchases can earn a $500 reward, providing an added incentive to take advantage of this convenient service.

Employer’s Identification Number (EIN)

For newly formed companies, obtaining an Employer Identification Number (EIN) is a necessary step in the process of opening a bank account and completing federal filings. Firstbase, a premier agency that helps business owners start their own businesses, simplifies this process for its clients by acting as a third-party EIN requester.

It’s worth noting that entrepreneurs do not need an Individual Taxpayer Identification Number (ITIN) or Social Security Number (SSN) to obtain their EIN. While an ITIN or SSN can speed up the process, they are not mandatory. With Firstbase.io, entrepreneurs can rest easy knowing that their EIN is taken care of, allowing them to focus on growing their business.

Firstbase.io LLC’s Add-on services

US address setup

Firstbase also helps its clients obtain a virtual address for their companies in Delaware and Wyoming. For companies in Wyoming, Firstbase.io’s registered agent will arrange the address, and there are no additional charges, as all costs are included in the package.

However, for companies in Delaware, a setup fee is required for obtaining an address. Firstbase.io partners with reputable agencies to arrange the address in the state, with charges starting at $6.99 per month. The exact cost depends on the client’s specific address, and the first month’s fee is covered by Firstbase.io. With this service, entrepreneurs can establish a legitimate presence in these key states, even if they don’t have a physical office there.

Over $20k in exclusive rewards

Firstbase provides its clients with a range of rewards and special offers that are beneficial for new businesses and their founders. These rewards are made possible through partnerships with various service providers and technology companies.

To access these offers, Firstbase clients can log in to the Firstbase Network, which is included in their incorporation fee. Through this platform, entrepreneurs can take advantage of exclusive deals from some of the top names in the industry. For example, Amazon Web Services (AWS) offers $5,000 in free credits to Firstbase.io clients, providing a substantial boost to their technology infrastructure.

Post-incorporation documents

Once the incorporation process is complete, Firstbase provides its clients with a set of essential legal documents that are critical to the success of their businesses. These documents contain crucial information about the company owners, operations, and other vital details that are necessary for conducting business in a compliant and efficient manner.

By providing these legal documents, Firstbase ensures that its clients have a solid foundation for building and growing their businesses. With the right legal framework in place, entrepreneurs can operate their companies with confidence, knowing that they are in compliance with all relevant laws and regulations.

Ease of use

Firstbase is relatively easy to use. Once the customer taps on the ‘get started’ button, they can begin their USA company formation.

It takes about 5 minutes to enter all the necessary information for a company. Highlighted below is a step-by-step method on how to set up a company on Firstbase.

Frequently asked questions (FAQ)

Does Firstbase.io provide a banking facility for its client’s new company?

Yes, indeed. Firstbase.io is allied with Mercury, giving you access to an FDIC-insured corporate bank account. Mercury is totally digital, and you can even ask for an ATM card so you are able to carry out operations as per your preference.

Is it possible for someone from outside the US to establish a business in the US?

Firstbase.io provides services to nations worldwide. The firm has aided thousands of entrepreneurs in over 120 countries to establish businesses in the United States. Firstbase.io provides services to nations worldwide. The firm has aided thousands of entrepreneurs in over 120 countries to establish businesses in the United States. They will be delighted to help you too.

What makes Firstbase.io unique?

Firstbase.io is dedicated to providing support for six languages, such as English, Arabic, Portuguese, Russian, French, and Spanish. They are committed to aiding business owners in the areas of taxation advice, banking, and company setup.