A certificate of good standing in Alaska validates that a limited liability company (LLC) or corporation was founded lawfully and has been properly maintained.
In our Certificate of Good Standing Alaska tutorial, we will go over the qualifications for good standing as well as how to get one in Alaska.
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How Do I Obtain an Alaska Certificate of Good Standing?
In Alaska, you may receive your certificate of good standing, also known as a certificate of compliance, by contacting the Alaska Department of Commerce, Community, and Economic Development.
There are two major processes involved in obtaining your certificate of good standing:
1. Maintain your LLC’s compliance
2. Request a certificate of good standing.
Step 1: Ensure that your Alaska business is compliant.
To qualify for an Alaska certificate of compliance, your company must adhere to the following state compliance requirements:
Permits and Licenses
To run a company in Alaska, you must adhere to federal, state, and municipal licensing requirements. Regulations such as health permits and construction permits are examples of this.
The Alaska Department of Commerce, Community, and Economic Development website has further information about state licensing requirements.
State levies
Depending on your company activity, you may be required to register for several types of Alaska state tax, such as Unemployment Insurance (UI).
Alaska has no state withholding or sales taxes.
Annual Reports
All Alaska companies and LLCs are required to submit a biannual report. This report outlines your company’s financial performance during the last two years.
Every two years, this report is submitted online with the Alaska Department of Commerce, Community, and Economic Development. The filing cost is one hundred dollars.
Step 2: Request an Alaska Certificate of Good Standing.
You may seek an Alaska certificate of compliance from the Department of Commerce, Community, and Economic Development after your firm stays in accordance with the state. This may be done through email, mail, or fax.
Is a Certificate of Good Standing required in Alaska?
While you don’t always require a certificate of compliance to manage a company in Alaska, there are a few situations when you could. These are some examples:
Purchasing commercial insurance
Applying for commercial loans
Establishing a business checking account
Getting a business license in another state
