Firstbase Review (Aug 2022)

June 28, 2022
Reviews
Firstbase.io Review Homepage

Firstbase provides a suite of services for launching and growing a US-based company. From company formation to registered agent services—plus a convenient virtual mailbox for viewing and managing your physical mail online—Firstbase meets many of the needs of fast-growing companies all within a single dashboard.

Whether your current business is based in the United States or not, Firstbase can help establish and solidify your US business footprint, opening up new markets and opportunities. With reasonably-priced plans and 24/7 customer support, Firstbase offers great value for many entrepreneurs.

What Is Firstbase?

Firstbase is an all-in-one company operating system designed to help founders around the world launch, manage and grow their businesses. Since launching in 2018, Firstbase has helped thousands of startup founders from over 120 countries launch legal entities in the US, and provide them with the necessary resources to turn them into successful ventures. 

Firstbase is a Y Combinator-backed startup that’s built a strong reputation in the financial services industry. Its investors include the founders of Carta, Wise, and other prominent fintech companies.

In this Firstbase review, we’ll dive into Firstbase’s features and benefits, how much they cost, how you can save time and money using Firstbase, and more. First, let’s get into Firstbase’s primary features and the services they offer.

Firstbase Features

Firstbase Features

#1 Firstbase Start

Firstbase Start allows any organization to form a US-based LLC or C-corporation registered in Wyoming or Delaware. Firstbase offers various options during the process, giving users the ability to choose exactly the type of business they want.  

Upon receiving your application, Firstbase processes your documents and submits your forms to the relevant state agencies. They keep you up-to-date throughout the process and process your application as fast as possible. Even after your business has been formed, Firstbase prepares your legal documents, files your paperwork, and creates all the essential post-incorporation documents. You can view and manage all of these documents through your Firstbase dashboard, reducing the clutter and confusion that’s normally involved in the business formation process. 

Firstbase is also authorized by the Internal Revenue Service (IRS) to offer expedited EIN services to their users, which can take as little as a few days. This is a great perk that can save you weeks of processing time and get your company set up faster.

Firstbase takes about 2-7 business days to prepare and organize your documentation, 20-30 business days for your EIN without SSN/ITIN, and 1-2 business days for your EIN with SSN/ITIN.

#2 Firstbase Mailroom

Firstbase Mailroom is a virtual mailbox service built for businesses who want a real US street address for receiving postal mail without the overhead of operating one. Firstbase users can choose from mailbox locations in these four cities, with plans to expand to all 50 states soon:

  • New York City, New York
  • Miami, Florida
  • Cheyenne, Wisconsin
  • Wilmington, Delaware 

With Firstbase Mailroom, you can receive mail and packages from all delivery carriers and services and view them online from within your Firstbase dashboard. Firstbase will scan and store an unlimited amount of mail, or you can have them forward it on to another domestic or international address for a small fee. If you prefer to trash your items after receiving them, Firstbase will do so on your behalf.  

Firstbase Mailroom costs $35/month and includes the same 24/7 customer support you receive with all other Firstbase services.

Firstbase Agent - How it works

#3 Firstbase Agent

By US law, each state requires registered business entities to appoint a registered agent for their business to manage and provide legal and formation documents. Firstbase Agent provides your company with a registered agent that receives and processes official mail and legal documents on your behalf. 

Firstbase Agent users can keep track of annual reports and essential filings from within their Firstbase dashboard without needing to navigate dated government websites. Users also receive notifications when they need to complete filings and forms in the dashboard. All of your business’s official documents are securely uploaded into your dashboard as soon as Firstbase receives them, giving you access to them at any time. 

Firstbase Agent also offers 1-click compliance services for businesses like payroll tax registration, business licenses & permits, insurance, and more to save you the time and hassle of accessing them manually. 

#4 Firstbase Loop

Firstbase Loop gives businesses a single application flow where they can conveniently choose and sign up for a long list of services they might need for their business. In other words, Firstbase Loop is an application hub where they can apply for multiple banking, payment processing, and payroll applications all in the same place. 

One of the most convenient aspects of Firstbase Loop is that you don’t need to submit any forms manually—Firstbase handles that for you with a single click. On top of that, Firstbase users get access to favorable terms (both current and future) with Firstbase partners like Stripe, Brex, Mercury, and Jeeves, giving you exclusive rewards and discounts that will help fuel your company’s growth.

Firstbase Pricing

Benefits Of Using Firstbase

As you can see, Firstbase offers several unique features to help you launch and grow your US-based business. Here are some of the specific benefits you’ll receive by working with Firstbase:

  • Great Perks: Firstbase gives users access to an exclusive network of software applications with perks worth over $200,000, boosting your company’s productivity and helping you grow.
  • Easy To Use: A smooth setup process and simple yet powerful dashboard makes launching and managing your business easy. 
  • Modern Design: Firstbase’s website is a blend of form and function that’s both beautiful and easy to navigate.
  • Top-Notch Security: Firstbase is authorized by the United States Postal Service to receive and store customer mail, which it keeps safe in fully secure facilities under the supervision of experienced technicians.
  • Helpful Support: Firstbase’s 24/7 global customer support team can be contacted via their contact form or support@firstbase.io
  • Unlimited Mailbox: If you or your company receive a lot of mail, Firstbase Mailroom’s ability to handle unlimited incoming mail with unlimited scans for unlimited users is a very compelling fit.

Firstbase Pricing

Firstbase StartFirstbase MailroomFirstbase Agent
Features & Benefits– Expedited company formation
– All state filing fees
– Expedited Tax ID (EIN) setup
– Stock issuance
– Business bank account, payments processing, payroll, and accounting
– $200k in deals and rewards
– Premium US business address
– Unlimited users
– Unlimited incoming mail
– Unlimited scans
– 24/7 global customer support 
– Shipping options from all carriers
– Registered Agent in all 50 states
– Automated reminders
– Annual report filings
– Franchise tax filings
– Service of process
– Instant document access
Price$399 one-time fee$35/month$99/year

All plans are backed by a 60-day refund policy, though some limitations do apply (e.g. if your company formation process is already underway).

3 More Reasons To Consider Firstbase

If you’re still on the fence about using Firstbase for your business needs, here are three more reasons to consider their services:

#1 Full Integration 

From company formation to the annual filing of documentation, First base can handle it all, reducing your administrative workload to a minimum. This frees you up to spend more time doing what you do best: growing your business.

#2 All-In-One Service Provider

From forming your company to staying up-to-date on the latest rules and regulations, Firstbase takes care of all the details so you don’t have to. Whether you need to fill out forms or submit state documents, Firstbase is there to handle it for you.

Firstbase takes care of everything quickly and efficiently, ensuring the job always gets done on time. And with 24/7 customer support, you can rest easy knowing there’s someone there to help whenever you need them.

#3 Great Value

It’s hard to find better value than what Firstbase provides. Having them hold your hand through the entire company formation process for just $399 is a great deal, and their registered agent services for just $99/year is, too.

In Summary

Firstbase provides a suite of services for launching and growing a US-based company. From company formation to registered agent services—plus a convenient virtual mailbox for viewing and managing your physical mail online—Firstbase meets many of the needs of fast-growing companies all within a single dashboard.

Whether your current business is based in the United States or not, Firstbase can help establish and solidify your US business footprint, opening up new markets and opportunities. With reasonably-priced plans and 24/7 customer support, Firstbase offers great value for many entrepreneurs.

Firstbase FAQs

How much does Firstbase cost?

Firstbase Mailroom costs $35/month, Firstbase Agent costs $99/year, and Firstbase Start costs a one-time fee of $399.

Is Firstbase worth it?

Yes, Firstbase is well worth the money for business owners. Firstbase users get access to all of the features and benefits mentioned above, all at reasonable prices and backed by their 24/7 global customer support team. 

Is Firstbase safe?

Yes, using Firstbase is completely safe, since all of your documents and mail are stored on secure servers in facilities under constant supervision. 

Is Firstbase legit? 

Yes, Firstbase is a totally legitimate company that’s helped thousands of business owners launch and run their US-based business. Many more users capitalize on their virtual mailbox service for receiving personal and business mail at a real street address in one of several locations across the USA.

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