doola Review

In partnership with doola

About doola

When spelled “doula,” the word can refer to a trained professional who provides expert guidance to others through childbirth. Though the name of this company is spelled a bit differently, the principle is the same: doola helps you through the conception process—only what you’re giving birth to is a beautiful, bright USA-based company. 

While their competitors can only help US residents form companies, doola helps people from all walks of life in countries around the world create their dream USA business. 

They also provide free motivational, educational, and inspirational content for founders. From the 15 Minute Founder podcast to doola University, if you’re unsure where to get started, take advantage of their free consultation to learn more about what’s possible.

Whether you’re a US resident or not, you don’t want to miss out on this doola review. We’ll explore the ins and outs of this incredible service and why it will be an invaluable resource in the first stage of your US business formation.

Highlights

• Business-in-a-box tool that takes care of US business formation
• Has helped 10k founders in 175+ countries start US businesses
• Founders do not need to have an SSN
• Flexible products to meet the needs of all business sizes
• For LLCs, DAO LLCs, and C-Corps

Why You Should Trust Us

Our mission is to help you make better, more informed purchase decisions. Our team spends hours researching, consulting with medical experts, gathering insight from expert professionals, reviewing customer feedback, and analyzing products to provide you with the information you need.

doola Overview 

doola believes that “talent is everywhere, opportunity is not”. Their business formation service levels the playing field, taking care of company initialization quickly and securely. 

doola takes charge of everything from protecting your personal assets against business liabilities to simplifying management processes. No matter your background or knowledge, doola proves that anyone can create a US business with a little help from an experienced friend.  

Coming up, we’ll walk you through the different products the service offers to help you understand which might be right for your needs. Any time you want to connect with doola directly, remember they offer a free consultation.

doola Products

doola is known for its comprehensiveTotal Compliance package. It’s the one that ensures all your ducks are in a row and all your t’s are crossed when it comes to starting a business correctly and setting it up to be successful. 

However, if you don’t need the full package, doola has individual products to help you navigate the world of business, money management, taxes, and bookkeeping. You’ll find the details for all below.

Total Compliance

The doola Total Compliance package is like a “business-in-a-box” solution. It completely simplifies US business creation. It will handle the formation of your company, money transactions, taxes, and more.

• Formation: Form your US company from anywhere—literally. You don’t need an SSN (Social Security Number), though if you have one, it will expedite the formation process. doola handles LLC, C-Corp, and DAO LLC formations and will get you the Employer Identification Number (EIN) you’ll need to open a US bank account. This first step also provides Registered Agent service and Operating Agreement.
• Money: doola helps facilitate international transfers to 100+ countries. They make it easy to transfer your US currency into your local currency.
• Taxes: Handling US taxes can be confusing, but as a business, it’s incredibly important that the process is completed correctly. doola will take care of filing your taxes for you to give you complete peace of mind. The Total Compliance package also grants you a 1:1 CP consultation where you can ask an expert your tax questions, get advice, and understand US tax filing better.
• Expedited Processing: doola will help you start your business faster, however, the speed at which your launch occurs depends on your SSN status. If you have one, this process can take days. If not, you’re looking at several weeks. With that said, even if you don’t have an SSN, doola stays on top of the process to help it move as quickly as possible.
• Account Manager: doola will serve as your account manager for support through the entire business formation process and beyond. Breathe easy with expert guidance from their client support team, who will answer  any questions that will surely pop up along the way.

Start your business: $297/year

What’s included:

• Formation filings
• EIN
• Registered Agent Service
• Operating Agreement (LLCs only)

Add ons:

• Annual state filings +$199/year
• CPA Consultation +$300/hr
• IRS tax filings +$1,200/year
• Bookkeeping software +$300/year
• Dedicated account manager +600/year

Stay 100% compliant: $300/month

What’s included:

• Formation filings
• EIN
• Registered Agent Service
• Operating Agreement (LLCs only)
• Annual state filings
• CPA Consultation – 1 free
• IRS tax filings
• Bookkeeping software
• Dedicated account manager

doola Money

Transferring money internationally doesn’t come cheap through banks. doola Money offers a low-cost option with international transfers to 100+ countries, depositing funds in $USD. 

• Fast & Easy Payouts: Connect your Amazon Stripe or PayPal accounts quickly and then transfer your funds anywhere.
• Backed by US Security: FDIC-insured for balances up to $250,000
• No (or low) fees: All $USD transfers are free as is your account. International transfers have rates as low as 1%. No matter what, doola is always transparent before you click send.
• Quick transfers: Receive your wire, ACH, or international transfers in 1-5 days.

This feature is coming soon, but doola is offering early access now. See if you qualify.

doola Books

Tracking and managing money is a huge time investment for founders. doola Books offers a stress-free way to take control of your business finances. Note that this feature is only available to customers who create their business through doola’s formation service.

Within doola Books, you’ll have options for the complete bookkeeping service or invoicing only. 

Note: Invoicing services are included within the complete bookkeeping option, and both of them are included with doola Total Compliance. See pricing for each below:

• doola Invoicing: $60/year
  • Create customized invoice templates
  • Manage client lists
  • Create or connect merchant processing accounts via Stripe integration
  • Set up recurring invoices
  • Collect payments via the invoices you send with Stripe
  • Manage past-due invoices
  • View invoice reports
• doola Bookkeeping: $300/year
  • Includes doola Invoicing
  • Connect multiple bank accounts and manage transactions in one platform
  • Categorize income and expense transactions
  • Upload and attach receipts to transactions
  • Automatically pull Stripe fees for expense management
  • Build automated rules for tagging income or expense transactions

Something I really love about doola is their wide range of options to fit companies of all sizes. The complete doola Bookkeeping package is available for those who have not formed their business through the doola Formation service. Features include:

• Dedicated Bookkeeping Team of CPAs
• Categorization of business transactions
• Reconciliation of business bank and credit card accounts
• Expert CPA review of financial reports
• Quarterly financial report
• Ongoing bookkeeping support

There are three different packages, prices include:

• Bookkeeping Start: Up to 1,200 transactions per year $1,500
• Bookkeeping Grow: Up to 2,400 transactions per year $2,500
• Bookkeeping Scale: Up to 5,000 transactions per year $4,500

doola Taxes

This product will prepare and file tax forms for independent contractors, startups, freelancers, e-commerce owners, and service vendors. Since you can be fined $25,000 for inaccurate or missing forms, having a helping hand from an experienced CPA can help eliminate worry. This package includes:

• Annual State filings
• Business IRS Tax filings
• 1:1 CPA consultation
• 24/7 live customer support

Included with the Total Compliance package, if you wish to purchase doola Taxes individually, it will cost $1,999 per year. 

Business Formation

doola helps business owners register their business in the US in a few simple steps and with minimal bureaucracy. Choose between an LLC, C Corp, or DAO LLC.

What’s included:

• Formation filings
• EIN
• Registered Agent Service
• Operating Agreement (LLCs only)

Start your business: $297/year

Who is doola For?

doola is designed for all types of founders who wish to create an LLC, C-Corp, or DAO LLC. It helps people create US businesses and transfer money to 100+ countries around the world. 

You do not need to have a Social Security Number to take advantage of this service, but it doesn’t hurt if you have one. To find out if doola is the right fit for your business idea, schedule a free consultation or see if you qualify.

doola Reviews: What Do Customers Think?

This part of my doola review will take a look at the feedback available for the service online. The first comment comes from doola.com. It reads:

“I would recommend doola because it’s a hassle-free experience. You don’t need to spend hours on researching how to start a company, what documents you need to fill in, etc. It’s a one-stop place to start your business.”

The convenience of doola is unmatched—especially for those who have never started a business in the US before. This type of feedback is common throughout doola reviews.

On Trustpilot, doola has a 4.6/5 star score among 1,400 ratings. Here’s the snapshot:

• 5 stars: 87%
• 4 stars: 6%
• 3 stars: 1%
• 2 stars: 1%
• 1 star: 5%

Of the service’s convenience, one doola review read, “The process was quick, easy and affordable. Registered/paid on Thursday and the company was fully incorporated by Monday.” While another customer wrote, “Doola support is reactive and friendly. I like especially talking with Betty that help us to clear our our concern about a changing address.”

On Product Hunt, doola received a 4.5/5 star average from 39 ratings. One customer said, “Congrats! The folks at [doola] made our lives so easy when we incorporated in the US, can’t recommend enough,” while another wrote, “Used doola to form the LLC for RAIZE, so seamless. Can only imagine the DAO offering is as clean and straightforward.”

So, is doola legit? doola has received fantastic praise from thousands and has helped 10k+ founders in 175+ countries start their businesses. It’s not only legit but a tremendous resource for anyone, anywhere who wants to open a business in the US.

Is doola Worth It?

After everything I’ve learned throughout my doola review, I can’t say enough good things about this company. Reading customer testimonials certainly was the icing on the cake, understanding exactly how big of a difference doola makes for founders. 

doola has flexible pricing for small and large businesses and offers free resources for those looking to start a company. What’s more, joining doola means you’ll have access to more than $50,000 worth of discounts. Read more about this in the next section.

doola Discounts & Promotions

It only makes sense that a company designed to help others has an abundance of free resources, but it’s not always a given. doola sets itself apart from the pack by offering so many different ways its customers can save money.

The first is doola Rewards. Their rewards give you access to over $50,000 worth of discounts with apps like YouSign, Zoho, and ZenDesk, plus 15% off your initial doola purchase. 

If you’re in the position to be an affiliate partner, you can get up to $1,000 per referral or up to $5,000 each month. But whether or not you decide to make doola part of your founder’s story, you can still enjoy free resources such as doola University or the 15 Minute Founder podcast.

How Do I Get Started with doola?

If there’s one thing I’ve heard about doola, it’s that it’s incredibly easy to get started. Here’s a walkthrough of what you can expect when you decide to sign up, plus the respective time frames.

1. Form your company. Send over your name, personal address, and email address (1 week)
2. Get everything you need. The company can be formed in any state, get your employer identification number (EIN), operating agreement and articles of organization, and registered agent service (1-2 business days with SSN or 8 weeks without SSN)
3. Set up your US bank account. With your EIN you can apply for a US bank account through their custom partner portal. You will need a passport (3-5 business days)
4. Grow your business. You’re all set up. For an all-in-one package with tax management, choose Total Compliance package

Note: each state charges a one-time formation fee. The amount you pay will depend on the state you form in. Take the quiz to find out which state you should choose.

Ready to go? Get started now.

FAQ

Do I need to be a US citizen to work with doola?

Nope. doola has helped form over 10,000 companies for people in more than 175 countries. 

What information do you need from me to get started?

Getting started with doola is an incredibly uncomplicated process. All you need to do is send over your company name, name, phone number, and email. To set up a bank account, your passport will also be required.

What is an EIN?

An Employer Identification Number is the tax identification number for your organization. It is a requirement of most banks and US institutions like the IRS. When you get your EIN, you can apply for a bank account. Helping you attain an EIN is part of doola’s Starter service.

What is an ITIN?

ITIN stands for Individual Tax Identification Number. It can be used as an alternative to a Social Security Number in some cases. You’ll need one if you’d like to apply for a PayPal or a certain type of bank account. doola will help walk you through attaining this number.

How to Contact doola

If you need more information than I gave out in this doola review, get in touch with the service directly. Email [email protected], use the live chat on doola.com, or call +155512732773.

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