How to Start an LLC in Alaska

Learn how to form an LLC in Alaska

Or, use a professional service:

four point four out of five stars Tailor Brands ($0 + State Fees)

Starting an Alaska LLC Is Easy

YouTube video

You can form an Alaska LLC online by filing the AK Articles of Organization with the Department of Commerce, Community, and Economic Development. The cost to create an LLC in Alaska is $250.

Follow our How to Start an LLC in Alaska guide below to get started.

For more information on how to form an LLC in any state, visit our How to Start an LLC guide.

Build Your Dream Business With Tailor Brands

From legal formation to logo design, Tailor Brands has everything you need to start, manage, and grow your LLC

Get Started

Step 1. Create A Name For Your Alaska LLC

Before you register your Alaska LLC, you’ll need to come up with a name. Your business name needs to be catchy for branding purposes and legitimate for legal purposes.

Naming Your LLC

First, brainstorm some possibilities. Use our LLC name generator to get the ideas flowing.

Next, make sure your name meets Alaska guidelines:

  • it contains the words limited liability company, limited company, LLC, or L.L.C.
  • it doesn’t contain restricted words or phrases (these often include words like bank, attorney, and university) without approval
  • it’s distinguishable from any other entity or trade name registered in Alaska
  • full list of Alaska naming guidelines

Next, do an Alaska LLC name search with the Department of Commerce, Community, and Economic Development to find out if your name is available in Alaska.

If your business name is available and meets guidelines, you’ll be able to register it when you file your Articles of Organization with the Department of Commerce, Community, and Economic Development.

Is the URL available? Before you commit 100% to a name, check to see if there’s a good web domain available.

We recommend buying your domain right away because even if launching a business website isn’t on your radar right now, it will be soon.

Domain Name Search

Using an Alaska Business Name (DBA)

An Alaska DBA (doing business as), also known as a business name, is any registered name that a business operates under that isn’t its legal business name. A business name can be used by any type of business, including a sole proprietorship, partnership, or limited liability company (LLC).

Learn how to get a DBA in our Alaska DBA guide.

Step 2. Appoint An Alaska Registered Agent

When you file your Articles of Organization, you’ll need to list a registered agent. A registered agent’s job is to accept legal documents like service of process and tax notices for your LLC. 

Your registered agent can be a person or a registered agent service. You can act as your own registered agent, but many business owners choose to use a registered agent service.

Here are a few things to think about before you decide to act as your own registered agent:

  • You’ll need to be available during normal (9 am – 5 pm) business hours at the address you provide
  • If you run your business from home, you’ll have to make your personal address public
  • You could be served with a lawsuit in front of your family or coworkers

Save Time and Money With Northwest

Northwest offers a free year of registered agent services when you form your Alaska LLC ($29 plus state fees) with them.

Get Started

Step 3. File Articles Of Organization

It’s time to officially form your LLC by filing your Articles of Organization with the Department of Commerce, Community, and Economic Development.

You can file online with the state of Alaska or fill out a hard copy of the AK Articles of Organization and mail it in or deliver it in person. The filing fee is $250. 

You’ll need to know the following information to complete the form:

  1. The full name of your business
  2. Your business’s purpose and NAICS code
  3. Your registered agent’s full name, physical address, and mailing address
  4. A description of your company’s management structure
  5. Name and signature of the organizer(s)

For more detailed help with completing the form, visit our Alaska Articles of Organization guide.

Mail Your Articles of Organization:

Send the form and payment (payable to the State of Alaska) to:

State of Alaska Corporations Section
P.O. Box 110806
Juneau, AK 99811

How long does it take to get an Alaska LLC approved? LLC processing time is 10-15 business days.

Step 4. Create An LLC Operating Agreement

Creating an Alaska LLC operating agreement is the only way to legally lock down your LLC’s management and ownership structure. Having an operating agreement in place will give you something to return to if a dispute or lawsuit arises. 

Even single-member LLCs benefit from having an operating agreement.

Your operating agreement should outline the following:

  • Each member’s responsibilities
  • How new members will be admitted
  • How existing members may transfer or terminate their membership
  • How profits and dividends will be distributed

You can add as many provisions as you want, as long as they don’t conflict with Alaska law. Take a look at our What is an Operating Agreement guide to learn more.

Download a template or create a custom Free Operating Agreement using our tool.

Step 5. Get an EIN

An Employer Identification Number (EIN) is like a Social Security number (SSN) for your company. The IRS and the state of Alaska will use this number to track your business activity.

Your EIN will come in handy when it’s time to:

  • Open a business bank account
  • File Federal and State taxes
  • Hire employees

The best way to get an EIN for your LLC in Alaska is by using the free online application on the IRS website.

Need Help Forming an LLC?

We’ve reviewed and ranked the Top 8 LLC formation services.

Best LLC Services

Step 6: File a Beneficial Ownership Information Report

When forming an Alaska LLC, one of the important steps is to complete the Beneficial Ownership Information (BOI) Report with the Financial Crimes Enforcement Network (FinCEN).

This report — also known as the FinCEN BOI report — is designed to combat money laundering, terrorist financing, and other illicit activities by requiring LLCs to disclose information about their beneficial owners.

This is free to file through the FinCEN website

New LLCs must complete this filing within 90 days of formation. Existing LLCs must file before January 1, 2025. 

Failure to complete this filing requirement will result in a $500 per day fine.

Steps After Forming an LLC in Alaska

After forming your Alaska LLC, it’s important to:

Open A Business Bank Account

A business bank account helps separate personal expenses and company expenses, which is required to maintain your Alaska LLC’s corporate veil. A corporate veil protects your personal assets from creditors in potential lawsuits against your LLC or Business.

Learn more by reading this guide to Banking for Entrepreneurs. For a multi-member LLC, you’ll also want to set up capital accounts for LLC members. We also recommend checking out our review of the best business bank accounts.

Get A Business Credit Card

A business credit card will help separate personal and business expenses while building your company’s credit history. A strong credit history will be useful for raising capital in the form of venture capital, angel investment, or small business loans.

Set Up Business Accounting

Hiring a business accountant is one of the best ways to ensure you’re taking advantage of LLC tax benefits; possibly saving you and your business thousands of dollars per year.

When forming an LLC in Alaska, it’s a good idea to start a relationship with a business accountant as soon as you start your business to help set your company up for success.

Get Business Insurance

Business insurance helps manage risk. The most common forms of business insurance are general liability, professional liability, and workers’ compensation.

Find out the real cost of getting insurance for your business. Get a free quote or call 855-965-3168.

Keep Your Company Compliant

Research Alaska Business Licenses and Permits

To operate an LLC in Alaska, you will need to comply with federal, state, and local government regulations such as health permits, building permits, and signage permits. 

Business licensing and permit requirements vary from state to state. To get started, visit our How to Get a Business License in Alaska guide. To help facilitate this process, you can also utilize a business license service.

File Your Alaska LLC Biennial Report

Every Alaska LLC is required to submit a biennial report every two years to the Alaska Department of Commerce, Community, and Economic Development. The filing fee for the report is $100, which can be filed online or by printing a pre-populated form to submit by mail, by fax, or in person.

Understand Alaska State Tax Requirements

Alaska is one of five states that does not have a statewide sales tax. However, certain municipalities may impose a local sales tax at the borough or city level.

Any businesses in Alaska with employees must also register for unemployment insurance tax, known in the state as the Employment Security Tax,  with the Department of Labor and Workforce Development.

Understand Your Alaska LLC’s Federal Tax Requirements

Most Alaska LLCs will need to report their income to the Internal Revenue Service (IRS) each year using Form 1065: Partnership Return (multi-member LLCs) or Form 1040 – Schedule C (single-member LLCs).

How you pay yourself will affect your federal taxes. Visit our guide to learn more about how to pay yourself from your LLC.

Know Your Alaska LLC’s Federal Tax Election Options

Pass-through taxation entails a business’s profits passing through to the LLC member’s individual tax returns. Like a sole proprietorship, an LLC is taxed as a pass-through entity, also known as a disregarded entity. 

Once this process is completed and after any tax-deductible expenses are taken out, the LLC members pay self-employment taxes and income tax on their portion of the business income. 

Alternatively, Alaska LLCs can choose to elect to be taxed as an S corporation (S corp) or C corporation (C corp). If S corporation tax status is elected, LLC members can be taxed as employees of the business, potentially reducing tax burden.

More LLC Resources

  • Alaska Foreign LLCs: Forming a foreign LLC allows your company to operate as one entity in multiple states. Download the Alaska foreign LLC form to get started.
  • Alaska Certificate of Good Standing: A certificate of good standing verifies that your LLC was legally formed. To order, follow our Alaska certificate of good standing guide.
  • Dissolving an Alaska LLC: If you are ready to dissolve your LLC, follow the steps in our Alaska LLC Dissolution Guide.
  • LLC Legal Forms: TRUiC offers a number of free LLC legal forms including operating agreements, LLC resolutions, and hiring documents.

Related Articles

Article Sources