Firstbase.io Review – The Best Option for Foreign Entrepreneurs to Open a USA Company.

Choosing the best LLC service provider can be difficult, especially if you are a foreign founder. Do you need to register or expand your company operations into the United States legally? Firstbase.io offers a solution to help business owners all over the world establish a US-based company.

You are not even required to enter the country.

This article will provide a thorough examination of the firstbase.io services, including advantages and disadvantages, features, cost structure, as well as other related topics.

Bear in mind that when you click our links as well as make a purchase, we may earn a commission. This, nevertheless, has no bearing on our evaluations as well as recommendations. We do our best to remain fair and balanced in so as to assist you in making the best decision that is adequate for you.

A few of Firstbase.io’s most intriguing features are spotlighted below.

• Lifetime expert assistance: Firstbase.io has members all over the world and serves customers in 5 languages: English, Spanish, Portuguese, Russian, and French.
• Free professional consultations: The firm connects its customers with qualified CPAs as well as legal teams.

Overview of Firstbase.io

Firstbase.io was founded in 2018, making it a fairly new company. In under three years of its inception, it had assisted thousands of entities from over 120 countries in incorporating their companies.

FirstBase.io differs from several other incorporation services in that it assists startups from all over the world in incorporating a company in the United States. It also aids in obtaining an EIN, opening a business bank account, as well as providing customers with tens of thousands of dollars in incentives

Core Feature

Establishment of a US company

Firstbase.io simplifies the process for its clients to establish a business in the USA. It makes no difference whether they live in America or not. Take into account that the service is only available in Wyoming and Delaware.

Clients, on the other hand, are obligated to choose which state is best for their enterprises. You are welcome to discuss with them, but the ultimate decision is yours. Mark Milastsivy, the CEO and founder of Firstbase.io, states.

Services of an Authorized Agent

Firstbase.io collaborates with credible registered agents in Wyoming as well as Delaware.

Obtaining a registered agent in charge of getting crucial documents guarantees that you can manage your business from anywhere with assurance.

The registered agent also will support customers in maintaining copies of their company’s most crucial documents.

The certificate of establishment or incorporation is one document that it keeps as a fallback option in case of an emergency.

Firstbase.io also guarantees that its customers’ personal data is safe as well as that it will not be made public by the state in which the client incorporates. Rather than the client’s address, the address and name of the registered agent are publicly disclosed.

A Bank Account in the United States

One of the key highlights of Firstbase.io’s bundle is the ability to open a bank account for its customers. It collaborates with Mercury, a business-focused online bank.

When the agency acquires an EIN, it automatically sets up an account for its clients. Mercury is also offering a $500 remuneration for Firstbase.io customers who spend with their debit cards.

EIN – Employer Identification Number

An EIN is required for newly established businesses in order to open a bank account as well as complete federal filings. Firstbase.io serves as a 3rd-party to obtain an EIN for its clients.

To obtain an EIN, entrepreneurs do not require an individual taxpayer identification number (ITIN) or a social security number (SSN). ITIN as well as SSN expedite the process but are not mandatory

Cost

Firstbase.io bills its clients just one fee of $399. It encompasses all extra services as well as filing fees, including the state filing fee.

Firstbase.io offers its customers a variety of services, including US address setup, LLC establishment or C corp incorporation, as well as business bank account opening. It also offers lifetime 24/7 support, an EIN, legally binding document prepping, registered agent facilities, expert deliberation, as well as $20k in startup bonuses.

Extra services

Besides the core LLC incorporation services, the firm provides its customers with additional benefits, which are not billed independently. Some optional offerings are emphasized below.

Setup of a United States address

The organization assists its customers acquire a virtual address for their businesses in Delaware as well as Wyoming. The registered agent will prepare the address for Wyoming companies, and there is no additional charge because all expenses are part of the bundle.

Businesses in Delaware, on the other hand, will be required to pay for address setup. The address in the state will be arranged by the agency’s partners. Once Firstbase.io covers the very first month, the costs are $6.99 and more per month, depending on the customer’s address.

Over $20,000 in exclusive bonuses

Firstbase.io provides an incentive and special offers to new companies as well as their founders, which are obtained from service providers and tech firms.

The deals are accessible via Firstbase Network, and its customers have access to the site because it is part of the incorporation cost. AWS (Amazon Web Services) is one such company. It gives away $5000 in free credits.

Documents issued after incorporation

Upon incorporation, Firstbase.io will begin preparing some legal documents for its customers. The document includes critical details about the company’s owners, operational processes, as well as other vital specifics.

Simplicity

Firstbase.io is fairly simple to use. After clicking the ‘get started’ button, the client can initiate the establishment of their United states firm.

This requires approximately 5 minutes to input all of the information necessary for setting up a business. A step-by-step guide to set ip a business on Firstbase.io is provided below.

• Select the company type, customers get the option of choosing between an LLC and a corporation.
• State selection, the client selects Wyoming or Delaware as the physical location of its company.
• Customers input the new business’s details, such as its name, goals, industry, and so on.
• Personal details of the founders which is the final phase; the founding members must enter in their details including name, occupation, email address, and so on.

Fistbase.io begins the paperwork preparation after the online application has been submitted. The entire process usually takes approximately fifteen days to finish. If the customer resides in the U. S., it may only take two to four days.

Firstbase.io’s advantages and disadvantages

Advantages

• It gives its customers access to the world’s most powerful startup ecosystem.
• A secure dashboard
• It provides its customers with an entire year of registered agent fees.
• Thousands of dollars in credits for a range of services
• Bank account in the United States
• Provides legal advice
• A complimentary tax consultation
• Lifelong expert assistance
• Setting up a United States address
• United States EIN

Disadvantages

• There are only two states in which you can incorporate.
• There is only one pricing plan.
• Offers no auxiliary services such as annual report alerts.

Customer service

Firstbase.io does have outstanding customer service, as evidenced by the mostly positive reviews customers have left online.

The support staff is competent and knowledgeable, and they answer customer inquiries quickly. The company offers its customers lifelong online assistance via its site contact form or email.

Firstbase.io Alternatives

There are numerous companies that offer online incorporation services. However, not all of them would be appropriate for your requirements. If Firstbase.io doesn’t quite meet your company’s requirements, look into the options listed below.

ZenBusiness

ZenBusiness was founded in 2015 and has since assisted 1000s of companies while receiving 1000s of positive reviews.

The firm’s LLC service gives its customers all they require to start their own companies.

It provides EIN obtaining, registered agent services, conformance prerequisites guarantee, CPA  assessments, website creation services, as well as legal document templates to its clients.

The Rocket Lawyer

In the 13 years since its inception in 2008, the firm has served over 20 million individuals and companies. Its large number of clients attests to the service’s high convenience and quality.

Rocket Lawyer, as a legal assistance website, offers its customers numerous types of legal assistance as well as connects them with attorneys. Due to their affordability, its services are ideal for small business owners and entrepreneurs.

MyCompanyWorks

MyCompanyWorks was founded in 2001 under the name ‘MyNewCompany.’ Over years, it already has aided over 60 000 businesses.

MyCompanyWorks guarantees it will handle their request within one day without billing an additional fee. Even though its clients must pay for its registered agent offerings, it is one of the most affordable, costing only $99 per year.

Conclusion

Although there are numerous LLC service providers, what sets Firstbase.io apart is its focus on foreign-owned founding members. Foreign-owned founding members face difficulties in amassing the necessary pieces from various countries.

Customers of Firstbase.io are not required to travel to the United States to establish an entity or open a business bank account. Furthermore, its clients are not required to travel to obtain a US address.

If you desire to start a business in the United States without coming to the country, Firstbase.io ought to be your 1st choice. It also provides tens of thousands of dollars in benefits, an EIN, as well as lifelong customer assistance. sThe refund policy is also among the most favorable in the industry; it will refund its clients’ fees for any reason within the initial 90 days after purchase.

Frequently Asked Questions (FAQ) What distinguishes Firstbase.io?

Firstbase.io is available in six languages: English, Arabic, Russian, Portuguese, French, as well as Spanish.

In contrast to its competitors, the firm is focused on all aspects of effective business formation; tax consultation, business preparation, bank account, and so on.

Does Firstbase.io set up a business bank account for its clients’ new businesses?

It certainly does. Firstbase.io works with Mercury to provide an FDIC-insured corporate bank account. Mercury is entirely online, and you may even request an ATM card to use whenever you want.

Can an outsider establish a business in the United States?

Firstbase.io exists to serve countries all over the world. The organization has successfully assisted thousands of founders from over 120 countries in establishing businesses in the United States. It’ll also be delighted to assist you as well.