Forming an LLC in Alaska (Preliminary information)
We have prepared a guide on forming an llc in the state of Alaska, the cost of an llc to be formed in Alaska, forming an llc at the most affordable price and the steps you need to take at this stage.
an Alaska LLC , you must file your Articles of Incorporation with the Alaska Division of Corporations, Businesses and Professional Licensing for a fee of $250.
Alaska NAICS Requirement: There is a NAICS requirement in the state, you must provide your agent with the NAICS code for the type of business you do during installation. The North American Industry Classification System (NAICS) consists of 6-digit codes assigned to a business based on the type of trade it conducts. a keyword search .
The registered agent company, from which you will receive support during the installation phase, will provide the necessary formation documents for installation in the state. Thus, you do not need to take any extra action. To form your company, you can get online service from Northwest Registered Agent by paying the 39+ State filing fee.
Costs
| Service | Price | In installation | Biennially |
| Fee to be Paid to the State During LLC Company Formment | 250$ | ✔ | – |
| Annual Filing | 100$ | – | ✔ |
- In addition to the installation fee, do not forget to add the Northwest Agency fee of $ 39 to the cost.
- You can renew your Northwest agency fee next year for $125 (address included)
What is Registered Agent?
Agencies that provide services for entrepreneurs who do not reside in the United States to form an llc, receive official documents from the state, and ensure that the company remains healthy are called Registered Agents.
When you decide to form an LLC in Usa, Northwest is one of the best options. Northwest provides a free mailing address for your company.
There are also different agencies, you can access the full list and detailed review page of other Registered Agent companies that establish LLCs from this link .
How to Form an LLC in Alaska?
You can form an LLC remotely in the state online, there is no need to visit the state in person. Additionally, non-US citizens are not required to have an ID or passport. You need a registered agent for installation. If you do business with the Northwest agency, you do not need to pay extra for the company address because this agency has a mailing address in all US states and allows you to use this address. Other details are below.
- Determine Your Company Name: First, you must determine the name of your LLC company. There should be no conflicts with company names already in the state database. So do a search Alaska state website Choosing a Name for an LLC Company for name rules .
- You can get a domain name for your company: Check if the website domain name you will create for the business name you choose has been registered before. With Namecheap you can quickly register an llc domain name so that no one else can get and use your domain name in the future.
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- Apply Online: Determine a Registered Agent to establish your company and keep it active. Northwest is among the most affordable and highest quality options. here and order them to establish your company online.
- Operating Agreement: The operating agreement, called the Operating Agreement, determines the management style and rules of the company. It is not required to be created in many states, but Northwest will prepare a contract for you free of charge after company establishment and deliver it to you electronically. Although the state does not require it, it is recommended to create it, but you do not need to mail or electronically send this contract to the state, just keep the contract you have prepared and signed.
The approval period for the LLC company Alaska .
What happens after your LLC company is approved in the state of Alaska?
- After the company is formed, your LLC formation document is delivered to you digitally.
- Once the company is incorporated and you receive the documents (digitally), obtain a Federal Identification Number (EIN) from the IRS. Without EIN, you cannot open a bank account or register for payment systems such as virtual POS (stripe) or paypal. You can also apply for an EIN yourself by filling out form SS4 and faxing it to the IRS. the guide here . The other option for EIN is to get a paid service. You can get EIN application service from us for $ 29. We can process it on the same day and carry out the entire process for you. this order form after company setup .
State Requirements and Taxes
Federal Taxes: All LLCs require a federal tax identification number, EIN. An EIN is basically the business version of a social security number and is used for important LLC functions. If you obtain your LLC company income from American citizens, you may be required to pay federal income tax to the state after a certain turnover.
State Requirements: All LLCs in Alaska (regardless of income or activity) must file an Initial Report (one-time filing) and then file a Biennial Report every 2 years.
State income Tax: Alaska does not impose a personal income tax at the state level.
Sales tax: Alaska does not collect sales tax at the state level, but sales tax may sometimes be collected at the local level.
Obtaining Business Licenses and Permits
Alaska requires a general business license, which is mandatory for all LLCs located in Alaska doing business .
It costs $50 to obtain a business license and must be renewed annually thereafter for $50. This business license provides your LLC with permission to do business in the State of Alaska.
How to apply for a business license? You can apply for an Alaska business license online. After payment, your license is approved immediately. Online license application link: Alaska Division of Corporations: Online Business License Application
Additional licenses and/or permits: In addition to a general business license at the state level, your Alaska LLC may also need additional licenses and permits depending on the County where your LLC is located and your LLC's business activities.
You can get service through MyCompanyWorks for business licenses, Apostille and other legislation in the state of Alaska
Annual Reporting
All LLCs in Alaska (regardless of income or activity) must file an Initial Report (one-time filing) and then file a Biennial Report every 2 years.
Your Initial Report must be submitted within 6 months of creating your Alaska LLC. There is no filing fee for this report.
your Initial Report online here: Alaska Division of Corporations
Otherwise, a Biennial Report must be prepared every 2 years and a $100 filing fee must be paid. The Biennial Report deadline is January 2.
If you filed your Initial Report in an even-numbered year, the Biennial Report is prepared in January of every even-numbered year. For example, if you submitted your First Report in 2022, you must submit your first Biennial Report by January 2, 2024. Thereafter, it must be submitted every two years (by January 2).
If you filed your Initial Report in an odd-numbered year, the Biennial Report must be filed with the state in January of each odd-numbered year. For example, if you filed your First Report in 2023, the first BBiennial Report due date must be January 2, 2025. Thereafter, it must be submitted every two years (by January 2).
should be filed online here
Biennial Report Late Application Penalties
- If you do not file your Initial Report, your Alaska LLC will not be in good standing and therefore the state has the authority to close your LLC.
- If you don't file a Biennial Report, the state will fine you $37. If you continue to ignore this requirement, the state has the authority to shut down your Alaska LLC.
