Incorporate in Alaska

Business owners form corporations to safeguard their personal assets from business debts and liabilities. A properly formed and managed corporation can give you the freedom to conduct your business without worrying that you might lose a home, a car, or any of your personal savings because of a business obligation. Benefits of Incorporating in Alaska:

• Protection from personal liability for business debts
• Perpetual existence, so the corporation continues even if an owner dies or leaves the business
• No limit to the number of C Corporation shareholders, who need not be U.S. citizens or permanent residents

Choosing Name for Your Corporation:
The name that you choose for a Alaska corporation must be distinguishable from any other registered or authorized Alaska business entity and any reserved names on record. The name of the corporation must contain one of the words as a corporate identifier: Corporation, "Company", "Incorporated", "Limited" or contain the abbreviation "Inc.", Corp.", "Co". or "Ltd."

Director Information
A corporation is required to have one or more directors. They are not required to live in the State of Alaska. They are required to be 19 years of age or older. Also, directors are not required to be listed in the articles of incorporation.

Officer Information
The officers are not required to be listed in the articles of incorporation.

Stock Information
The "standard" number of authorized shares in Alaska is 1000 shares, with "no-par" value. An increase in the number of authorized shares or par value may affect the initial filing fees.

State Filing Fees:
The minimum filing fee in the state of Alaska is $250.00.

Registered Agent
A corporation must maintain a registered agent at all times to accept any important service of process from the state. The registered agent must be located and available during regular business hours at a legal address within the state. Alaska prohibits the use of a P.O. Box as your registered agent's address.

Biennial Report
Every domestic and foreign corporation, except nonprofit corporations, must pay a biennial corporation tax as follows: domestic corporations, $100; foreign corporations, $200. The tax is due January 1 (delinquent February 1) of the filing year and must accompany the biennial report.

S-Corporations
S Corporation status is recognized by the State of Alaska. A state election, separate from the federal election, is not required.
Alaska has adopted the federal S-Corporation provisions. In Alaska, if you have an S-Corporation, you will not have to pay corporation or personal income tax on the profits from your company. Alaska does not charge S-Corporations an income tax and the state also does not have a personal income tax.

For State of Alaska Processing Time CLICK HERE

READY TO Incorporate or Form an S-Corporation?