January 4, 2023

2022 Year in Review

With Firstbase since:

First, we’d like to say happy New Year to the entire Firstbase community! Hopefully 2022 was a great year for you and your business, and you’re finally having a chance to relax and reflect on everything you’ve accomplished.

Things have been busy at Firstbase too, and 2022 was our best year so far. In fact, Firstbase currently incorporates more than 15% of all Delaware C-Corps and Wyoming LLCs! We thought we’d take this chance to look back on our biggest moves of 2022 before setting our sights on 2023.

1. Mailroom

Our Mailroom announcement represented a significant upgrade in Firstbase’s services. Far too many of our founders were having trouble receiving mail and lacking an official business address. 

Many American customers were using their home addresses, and Non-US customers were often stuck with subpar virtual address services. Mailroom made it easy for both groups to manage mail while creating a professional image with a real and unique US business address. Click here to sign up for Mailroom today.

2. Agent

From there, we felt that Firstbase Agent was a natural continuation of our goal to support our community. Just as the lack of a physical address was causing problems for founders, countless customers were being held up by compliance requirements such as annual reports, franchise taxes, and registered agents.

Agent is a vital compliance solution that gives founders instant access to a registered agent in all 50 states. Today, you can even leave annual report and franchise tax filings to us with the new Autopilot product. We’ll also give you access to our self-service filing tool for Forms 5472 and 1120 to take the headache out of tax season.

3. Payroll tax registration

Payroll tax registration is the latest addition to Firstbase Agent. Like other compliance requirements, payroll tax registration needs to be completed in every state where a business operates. Founders have to set up compliant bank accounts and configure withholding to match the specific requirements of each state.

With our payroll tax registration service, you can quickly create the right accounts while letting us handle the legwork. This is just one more area where we’ve turned hours of busy work into a few clicks.

4. Incorporation in new states

While Wyoming and Delaware offer great incorporation perks, we heard from the Firstbase community that founders want other options. That’s why we spend Q4 rolling out incorporation services in an incredible nine new states:

  • California
  • Colorado
  • Florida
  • Georgia
  • Michigan
  • New Jersey
  • New York
  • North Carolina
  • Texas

This expansion brought Firstbase to a total of eleven different states, and we expect to introduce even more states in 2023. You can create an LLC or C-Corp in any of the above states through the Firstbase incorporation portal.

Wrapping up

In 2022, we took several big steps toward our goal of creating a true all-in-one solution for the next generation of startup founders and small business owners. That mission continues to inform everything we do, and we hope to offer even more in 2023.

Our products often grow out of feedback we receive from existing customers as well as other members of the startup community. Feel free to reach out and let us know where we should go next!

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