Opening an LLC in the United States is a very important task that can have its complications, so it is recommended to choose to hire a company that offers opening and administrative management services.
However, the agency in question has to be reliable, safe and effective. Does Firmaway meet these requirements?
PS: If you are looking for a more reliable and cheaper alternative to Firmaway, complete this form with a detailed brief of your project and we will connect you for free with the best supplier for your needs.
Our verdict
Firmaway is an excellent company to trust with the opening of your LLC.
They propose plans for all needs (Single-member LLC in New Mexico and Multi-member LLC in several states) and they are also responsible for opening a business bank account in Mercury or Relay. They also handle registered agent, tax filing and more.
While service can sometimes be a little slow, I consider Firmaway to offer the best customer service in LATAM. There is always a human to answer your questions at reasonable times, and that is very valuable when opening your LLC.
4.5
4.5/5
- From $399
- Process in less than a month
- Does not have a free plan
Advantages
- Bank account opening.
- Contained costs.
- Simple procedure.
Disadvantages
- Sometimes it is slow.
- They only offer accounts in two banks.
What is Firmaway?
Firmaway is a LLC and bank account creation platform in the United States ideal for foreigners looking to do business in the USA.
With plans designed for small entrepreneurs, Firmaway offers at a low cost a series of tools and solutions that will facilitate the legal, tax and corporate procedures of its clients.
In addition, by offering the opening of a bank account, users will save a step and will be able to start selling products or services in the USA and the rest of the world more quickly and easily.
Get a free consultation with Firmaway here¿Qué servicios ofrece?
Firmaway is characterized by providing a simplified solution for creating an LLC and bank account opening in two plans, the standard and the most economical. However, both offer the following services:
- Preparation of documents.
- Verification of commercial name availability.
- Application for incorporation in the state of New Mexico.
- Drafting of the Operating Agreement.
- Complete management of the EIN before the IRS.
- Digital copy of all documents.
- Registered Agent Service for one year with commercial address.
- Scanning of all documents received at your business address.
- Complete advice for applying for a business bank account in Relay or Mercury.
- After-sales support without limitations.
What did we like about the Firmaway service?
We liked Firmaway not only for being a very complete all-in-one option to open an LLC and a bank account in the United States, but also for its solid, warm and fast customer service.
In the words of the users themselves, at Firmaway they are "serial solvers", since they respond to practically any question that exists, regardless of its depth or importance, in an effective and fast way.
In addition, The ease of the entire process stands out, since it only consists of three simple steps: a talk with the company's specialists about your business and your objectives, the sending of the required documentation and the receipt of the papers for your LLC and bank account in a period of around 10 business days.
What are its disadvantages?
There are not many points to criticize Firmaway because it is a very complete platform with a very good quality-price ratio.
However, some users would prefer to be able to choose more banks than just Mercury or Relay to be able to open their account and start making transactions in dollars and other currencies.
In addition, in some cases, customer service can be so close and fast that it can even be interpreted as "disrespectful." However, these are very isolated and unlikely cases.
Finally, when I opened my Unipersonal LLC with Firmaway, they told me a 7 business day process that ended up being 30 days.
Also, they usually renew their registered agents at the same time. So if you open your LLC in November, you will be charged the $200 registered agent fee before the end of 12 months.
How much does it cost to open an LLC with Firmaway?
The cost of opening an LLC and a bank account with Firmaway will depend on each specific case. However, there are two plans:
- Standard plan: $545.
- Accessible plan: $399.
Who do we recommend Firmaway to?
Firmaway is a great alternative to opening an LLC and having a bank account in the USA for those small business owners, entrepreneurs or independent workers who do not want to get too complicated or spend a lot of money to be able to do business in the country from the comfort of their home.
Get professional help to open your LLC
- Business experts in the USA
- Legal and accounting team
- Free first consultation
Written by
Ignacio Navarro
Ignacio Navarro is a Certified Public Accountant, graduated in 2020 from the National University of Tucumán. Founder of Start Companies since 2023, he advises clients worldwide on forming LLCs in the United States and on proper tax filing. His expertise combines legal, tax, and practical knowledge, offering a comprehensive service that spans from company formation to bank account setup and sales platform integration.
