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Formation Scorecard

Scoring rules

How Formation Scorecard marks the scorecards

A service earns points for cost over three years and for what its price covers, with smaller points for renewals, state fit and pricing clarity. Five weighted criteria set every order, and each card says which one broke the tie.
Researched and written by the Formation Scorecard editorial team

The five marking criteria

  1. Cost across three years (25%). Service fees for the first year and two renewals, taken from published prices. State fees do not vary by provider and appear apart from the score.
  2. Coverage of the price (25%). The yearly chores folded into one price: registered agent, report filing, EIN application, and whether one account covers other states.
  3. Renewal terms (20%). Whether the price rises at renewal and how renewing or cancelling works.
  4. State-by-state fit (15%). The service's fit with that state's report cadence, late fees, agent address rules and filing steps.
  5. Pricing clarity (15%). Whether the total is shown before checkout and the state fee is listed on its own at cost.

Photo finishes

Totals that land within a few tenths count as level. The page says which row of the scorecard separated them.

What the scores mean

The points on each scorecard are Formation Scorecard's own editorial marks out of 10, not ratings from customers. A score covers one state and one service, which is why a company can earn different marks on different cards.

Source of the figures

Prices are taken from each company's own pricing and service pages when the site is built, and each ranking shows the read date. State fees, forms, deadlines and agent rules come from official state fee schedules, forms and statutes, each listed with the month it was last confirmed. Where a checkout tacks a card or processing charge onto the state fee, we print the service fee only and omit the total.

Who is on the card

Each state card lists Mainstay Filing, which serves all fifty states, and the registered agent services built for that state. A company is scored for a service only when its own pages sell it at a published price.

What you will not find

The site carries no customer ratings, no customer quotes and no legal or tax advice. Scores are editorial judgment based on the criteria above.