How Much Does It Cost To Form An Llc In Alaska?

Starting an Alaska limited liability corporation (LLC) online costs $250. When the LLC’s Articles of Organization are filed, this fee is paid to the Alaska Department of Commerce, Community, and Economic Development.

How Much Does an LLC in Alaska Cost?

The fee for filing an Alaska LLC online is $250.

The major expense of founding an LLC is the $250 filing fee with the Alaska Department of Commerce, Community, and Economic Development to submit your LLC’s Articles of Organization online.

Fee for Registered Agent

You may be your own registered agent in Alaska, but employing a registered agent service keeps your firm in compliance, informs you of critical filing dates, and helps you avoid late fines.

Fee for renewing an Alaska business licence: $50

Every year, Alaska LLCs must renew their state business licence. The renewal price is usually $50, however it has been suspended since February 2021. Companies that offer tobacco or nicotine-containing goods must pay an extra $100 endorsement charge.

A Business License Renewal Application (Form 08-4617) may be submitted online, via mail, fax, or in person.

Fee for Alaska Biennial Report: $200

LLCs must submit a biannual report with the Department of Commerce, Community, and Economic Development in Alaska.

A biannual report may be submitted online or via mail. The charge is $200, and the report is due every alternate year on January 2.

The Cost of Creating a Foreign LLC in Alaska

If you currently have an LLC established in another state and want to expand into Alaska, you must register your LLC as a foreign LLC in Alaska.

The fee for forming an Alaska foreign LLC is $350. A foreign LLC may be registered in Alaska by submitting a Certificate of Registration of a Foreign Limited Liability Company online, via mail, by fax, or in person.

Permits and Licenses for Businesses

Depending on your industry and geographic area, your company may need federal, state, and municipal permits/licenses to operate lawfully in Alaska. This is true regardless of whether you create an LLC or another sort of company structure.

With our guide to acquiring an Alaska business licence, you can learn more about state and municipal licencing.

Other Fees for Filing an LLC

There are several extra costs involved with forming an LLC:

Reservation of an LLC Name:

To reserve your name for up to 120 days prior to LLC formation, file a Business Name Reservation Form (Form 08-559) and pay the $25 filing fee. This may be done through email, mail, fax, or in person.

DBA (Doing Business As) Name:

To design a name different than your official LLC company name, fill out a Business Name Registration Form (Form 08-557) and pay the $25 filing fee. This may be done through email, mail, fax, or in person.

Copies of Documents:

Order certified copies of your Alaska business paperwork from the Secretary of State for $10 per copy and an extra $5 for certified copies.

Compliance Certificate:

This document, also known as an Alaska certificate of good standing, may be obtained by obtaining one from the Department of Commerce, Community, and Economic Development and paying the $10 charge. Banks and financial institutions often need a certificate of compliance.

How to Form an Alaska LLC on Your Own

Creating an LLC on your own is simple; just follow the five procedures outlined below

Five Simple Steps to Forming an LLC in Alaska

Step 1: Give Your Alaska LLC a Name

Step 2: Select a Registered Agent.

Step 3: Submit the Articles of Incorporation.

Create an Operating Agreement in Step 4

Step 5: Obtain an EIN

Step 1: Give Your Alaska LLC a Name

When naming your Alaska LLC, you must use a name that:

Is legal to use in the state of Alaska.

Meets the naming criteria for Alaska

Is a web domain available?

Step 2: Select a Registered Agent.

In Alaska, all LLCs must designate a registered agent. A registered agent is your LLC’s primary point of contact with the state. Most significantly, they are in charge of receiving service of process in the event that your company is sued.

Your registered agent in Alaska must be:

You must be at least 18 years old.

Have an Alaskan physical address

Available to receive process service during regular business hours

Step 3: Submit the Articles of Incorporation.

The Alaska Create 08-484 – Articles of Organization is a document used to form an LLC and is submitted with the Alaska Department of Commerce, Community, and Economic Development. The filing fee for the Articles of Organization is $250.

4th step: Make a Business Agreement

An operating agreement is not necessary for Alaska LLCs, although it is recommended.

What exactly is an operating agreement? An operating agreement is a legal document that outlines an LLC’s ownership and running processes.

Why are operating agreements necessary? A detailed operating agreement guarantees that all firm owners are on the same page and decreases the likelihood of future disagreement.

Step 5: Obtain an EIN

What exactly is an EIN? An EIN, or Employer Identification Number, is a nine-digit number assigned by the Internal Revenue Service (IRS) to a firm in order to identify it for tax reporting reasons. An EIN is effectively a company’s Social Security number (SSN).

Why do I need an EIN? An EIN is necessary for the following purposes:

Establishing a business bank account

Employee Recruitment