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Firstbase

Firstbase
Firstbase
4.0
The simplest way to start, grow, and manage a US business. Incorporate your company, set up banking, process payments, manage payroll, stay compliant, and more - 100% online, from a single dashboard.
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Published: January 19, 2024

What is Firstbase?

Imagine a service that simplifies starting and managing a U.S. business for anyone, anywhere in the world.

Firstbase.io offers an online platform to incorporate a company, manage compliance, and access a suite of business tools. This service includes company formation, registered agent services, a business address, a mailbox, and integrations for banking, payroll, and accounting.

It’s designed to support the needs of startups and entrepreneurs globally, removing traditional geographical barriers to U.S. business ownership.

Firstbase Demo Video

Who is Firstbase best suited for?

Firstbase.io is best suited for startups, entrepreneurs, and small business owners looking to establish and grow a U.S. business from anywhere in the world.

It’s particularly beneficial for non-U.S. residents who want to access the U.S. market.

The platform streamlines the process of company formation, compliance management, and access to essential business services, making it easier for individuals and teams who may need more resources or knowledge to navigate the complexities of setting up a business in the U.S. on their own.

Notable Features

The most notable features of Firstbase.io include:

  • Firstbase Start™: Simplifies the process of launching a U.S. business, handling company formation and compliance.
  • Firstbase Agent™: Offers an all-in-one compliance solution for ongoing filings and reports.
  • Firstbase Mailroom™: Provides a professional business address and virtual mailbox.
  • Pre-EIN Bank Account: Facilitates quicker bank account opening without an EIN.
  • Firstbase Loop™: One-click access to various business services like banking, payroll, and accounting.
  • Integrated Accounting Services: Includes bookkeeping and tax filing support.
  • Payroll Services: Assists with payroll tax registration and employee hiring.
  • Business Insurance Options: Offers comprehensive protection for businesses.

Pros and Cons

Pros:

  1. Easy setup: Firstbase.io provides a simple and user-friendly platform for setting up a US-based company, making it convenient for entrepreneurs.
  2. Compliance assistance: The platform offers guidance and support in navigating the legal and regulatory requirements of establishing a business in the US.
  3. Access to US market: By incorporating a US-based company through Firstbase.io, businesses gain access to the vast US market, which can lead to increased opportunities and growth.
  4. Cost-effective: Firstbase.io offers affordable pricing plans, making it an attractive option for startups and small businesses looking to establish a presence in the US.

Cons:

  1. Limited geographical scope: Firstbase.io is currently only available for US-based companies, which may restrict its usefulness for businesses looking to establish a presence in other countries.
  2. Limited customer support: Some users have reported difficulties in reaching customer support or receiving timely responses to their inquiries.

Price

Here’s a summary of the pricing and packaging for Firstbase.io:

  • Firstbase Start™: A one-time fee of $399. This package includes company formation, expedited Tax ID (EIN) setup, essential documents, and $250K in deals and rewards.
  • Firstbase Accounting™: The price starts at $79 per month (or $790 per year, offering 16% off) for up to $2.5k in monthly expenses. The price rises with the amount of monthly expenses. It provides AI-powered, human-managed bookkeeping and financial insights.
  • Firstbase Agent™: Annual fee starting at $149 per state, offering compliance solutions and annual report filings.
  • Firstbase Mailroom™: Basic plan at $35 per month (or $315 per year with 25% off), offering a U.S. business address and mail handling services.
  • Firstbase Payroll™: Priced at $599 per year per state, including payroll tax registration and compliance services.
  • Insurance: General liability insurance starting at $26 per month.

Please note that software pricing is subject to change. It’s recommended to visit their site for pricing and contact them for more information.

Customer Success Stories

Here are a couple of customer success stories for Firstbase:

  1. Extrashift (Buenos Aires-based QA and Project Management Firm)
    • Use Case: Incorporating and accelerating growth.
    • Result: Saved over $100 on incorporation compared to alternatives; earned 45,000 bonus points through Firstbase rewards program.
  2. Aibanc (Nigerian Fintech Startup)
    • Use Case: Incorporating in the USA to connect with investors and access the American banking system.
    • Result: Enabled smoother transactions with investors globally; saved thousands of dollars through Firstbase’s AWS partnership program.

Firstbase Reviews

Read the best Firstbase reviews by verified users here:

Note: review counts as of Jan 2nd, 2024.

Learn More About Firstbase

Want to learn about Firstbase?
Learn more on their site.

Visit Firstbase

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Author

  • Joe Kevens B2B SaaS Reviews

    I'm the Founder and Editor-In-Chief of B2B SaaS Reviews and the Director of Demand Generation at PartnerStack, the leading platform for partner management and affiliate marketing in B2B SaaS. My experience spans several notable B2B SaaS companies, including Influitive (Advocate Marketing), LevelJump (Sales Enablement, acquired by Salesforce), and Eloqua (Marketing Automation, acquired by Oracle). I hold a Bachelor of Commerce in Marketing Management from Toronto Metropolitan University and a Master of International Business from Queen's University, with academic exchanges at Copenhagen Business School and Bocconi University.

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