Swyft Filings
Personalized Support for Fast Business Formation
Business Initiative
Business Intelligence That Forms Your Business
Side-by-side comparison. Data as of 2026-02-16.
Company Background
Swyft Filings
HQ: Houston, Texas (1814 N Memorial Way)
Ownership: Private (affiliate of Swyft Legal, LLC)
Employees: 51-200 (69 est.)
Formations: 600,000+ success stories
Key Milestones
- Founded 2015 in Houston, TX
- Grew to 600k+ formations
- Launched Premium same-day filing
- Expanded compliance monitoring
- Achieved 4.7/5 Trustpilot (7k+ reviews)
Business Initiative
HQ: New York, NY (virtual/nationwide operations)
Ownership: Private (founder-owned)
Employees: 1
Formations: Not publicly disclosed (quality-focused, low volume)
Key Milestones
- Launched 2021 as educational platform
- Evolved to full-service formation + RA services
- Built AI tools, stats library, and provider directory
Core Services
Swyft Filings Services
Formation types:
- ✓ LLC
- ✓ Corporation (C-Corp, S-Corp)
- ✓ Nonprofit
- ✓ 501(c)(3) Applications
- ✓ Foreign Qualification (all states)
- ✓ Change of Registered Agent
Differentiators:
- Live specialist support (phone/chat/email)
- Same-day filing (Premium)
- Specialist-reviewed filings
- Unlimited attorney consultations (Premium)
- Hassle-free future updates
Business Initiative Services
Formation types:
- ✓ LLC
- ✓ Corporation (C-Corp, S-Corp)
- ✓ Partnerships
- ✓ Foreign LLC/Corp qualifications
- ✓ Change of Registered Agent
Differentiators:
- All state/federal fees included upfront
- Business intelligence platform (stats, AI selector, education)
- Directory of other providers
- Founder-led, transparent education
Both offer nationwide RA coverage. Compare differentiators above to see where each shines.
Pricing & Value
| Category | Swyft Filings | Business Initiative | Winner |
|---|---|---|---|
| First Year Total | ~$0 + state fees (Basic); $169 + RA extra (Standard) | ~$310+ (LLC formation + RA) | Business Initiative |
| RA Annual Fee | $149/quarter ($596/year; expensive add-on) | $125/year per state (multi-company discounts) | — |
| Value Score | 7.8/10 | 8.5/10 | Business Initiative |
Speed & Performance
Swyft Filings
Avg formation: 7-10 business days (Basic); 3 days (Standard); 1 day (Premium)
Expedited: Included in higher tiers (same-day Premium)
Business Initiative
Avg formation: 7-14 business days standard
Expedited: 1-3 business days ($25-$200); same-day before 1 PM EST
Pros & Cons
Swyft Filings — Pros
- ✓ Personalized live support
- ✓ 1-day filing (Premium)
- ✓ Specialist-reviewed accuracy
- ✓ Attorney consultations
- ✓ Compliance monitoring
Swyft Filings — Cons
- ✗ RA $149/quarter ($596/yr)
- ✗ Billing disputes
- ✗ Not BBB accredited
- ✗ State fees add up
- ✗ Limited international
Business Initiative — Pros
- ✓ All fees included (transparent value)
- ✓ Privacy-first RA ($125 flat)
- ✓ Educational platform (stats/AI tools)
- ✓ Fast human support
- ✓ Nationwide + foreign quals
Business Initiative — Cons
- ✗ Newer (fewer formations track record)
- ✗ Limited review volume
- ✗ Basic add-ons
- ✗ No 24/7 chat
- ✗ Virtual-only operations
The Verdict
Choose Swyft Filings if: Ideal for founders who want real people guiding the process—fast, supportive, and reliable. Premium shines for busy users; watch RA costs.
Choose Business Initiative if: Beats competitors on all-in costs and smarts—perfect for informed operators who want a partner, not just a filer.
Higher rating: Business Initiative (8.7/10)