2026 Comparison

TrueFormed vs MyCompanyWorks

Mid-market formation at close-to-fair prices — but still marked up.

MyCompanyWorks is one of the more transparent mid-market formation services. Their Basic tier at $79 is close to honest, and the Complete package bundles most features at $279. Still, every line item is marked up 3x over wholesale — and the RA renewal at $119/yr is $20 above TrueFormed every year forever.

MyCompanyWorks — Year 1
$198 /yr

Formation + Registered Agent (1st yr)

Year 2+ ongoing
$218/yr

RA renewal + annual report

Save $109 in Year 1
TrueFormed — Year 1
$89 /yr

Formation bundle (1st-yr RA included)

Year 2+ ongoing
$198/yr

Save $20/yr every year after

Line-by-line cost breakdown

Same services. Same state forms. Different markup over wholesale cost.

ServiceMyCompanyWorksTrueFormed
Formation bundle (LLC + EIN + OA)
$79
Basic; $279 Complete includes more
$89
Includes 1st year of RA
Registered Agent (annual)
$119/yr
Standard annual
$99/yr
Year 2+ renewal
Annual Report Filing
$99
Per filing + state fee
$99
+ state fee
Amendment
$99
Per filing + state fee
$99
+ state fee
Certificate of Good Standing
$100
+ state fee
$59
+ state fee
Year 1 total (formation + first year RA)$198$89
Year 2+ ongoing (RA + annual report)$218/yr$198/yr

All prices are service fees. State filing fees are separate and the same regardless of provider. Competitor prices based on publicly listed rates as of 2026.

Same infrastructure. Different markup.

MyCompanyWorksand TrueFormed use wholesale registered agent infrastructure to do the actual filing work — that part is identical. The difference is what each brand marks that wholesale rate up to.

MyCompanyWorks

Year 1 cost to customer$198
Year 2+ ongoing$218/yr
Approx. markup over wholesale3x

TrueFormed

Year 1 cost to customer$89
Year 2+ ongoing$198/yr
Approx. markup over wholesaleNear wholesale

Retail prices are MyCompanyWorks's and TrueFormed's public rates. See how our wholesale pricing works.

MyCompanyWorks— honest pros and cons

What MyCompanyWorks does well

  • Basic tier pricing is closer to fair than most competitors
  • Reasonable support reputation
  • Transparent tier structure — fewer hidden upsells

Where MyCompanyWorks falls short

  • RA at $119/yr is $20/yr more than TrueFormed indefinitely
  • Basic tier doesn't include EIN or Operating Agreement — the $279 Complete does
  • Still marks up the underlying state filings 3x
  • No published wholesale transparency

MyCompanyWorks is a real company that serves real customers. We just think you shouldn't have to pay 3x what the services cost wholesale.

Like our competitor, we don't handle everything.Federal and state income taxes, sales tax, payroll, local business licenses, and industry-specific permits aren't part of TrueFormed (or any of the providers on this page). A CPA handles taxes; your city or county clerk handles local licenses. We're upfront about our scope.

Frequently asked questions

Is MyCompanyWorks Basic at $79 actually cheaper than TrueFormed?+

Before you add RA ($119), yes. After: $198 vs our $89 bundle that already includes RA. And our bundle also includes EIN and Operating Agreement — MyCompanyWorks requires the $279 Complete tier for those.

How much does MyCompanyWorks cost over 5 years vs TrueFormed?+

MyCompanyWorks Basic + RA + annual report: roughly $79 + ($119 + $99) × 5 = $1,169. TrueFormed: $89 + ($99 + $99) × 4 = $881. About $288 saved over 5 years.

Can I switch from MyCompanyWorks to TrueFormed?+

Yes. Change of Registered Agent is free through us — you only pay the state fee, if any. Most switches complete in 1-2 weeks.

Ready to switch from MyCompanyWorks?

Same services. $109 less in Year 1. $20 less every year after. We handle the Change of Registered Agent for free.

Start — $89

State filing fee is separate and paid at cost.