Form LLC in Alaska

A Limited Liability Company (LLC) combines the tax flexibility of a partnership with the limited liability of a corporation. LLC typically protect your personal assets and avoid the "double taxation" of a corporation on shareholder dividends. Each member (owner) of an LLC reports their share of profit and loss in the company on their individual tax return. Benefit for Forming an LLC:

• Protection from personal liability for business debts
• Perpetual existence, so the LLC continues even if an owner dies or leaves the business
• Pass-through taxation allows owners to report profit and loss on their individual tax returns
• Owners need not be U.S. citizens or permanent residents

Choosing Name for Your LLC:
The name that you choose for a Alaska limited liability company (LLC) must be distinguishable from any other registered or authorized Alaska business entity or any reserved names on record. The name of the LLC must contain one of the words or abbreviation as a company identifier (“Limited Liability Company”, “LLC” or “L.L.C”).

Purpose:
Alaska does not require a specific purpose to be listed in the Certificate of Formation.

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.

Annual Filing Requirements:
There is an Annual Report that must be received by the state of Alaska by January 2nd every 2 years. For example, if you form your company in 2006, the annual report is due in 2008. If it is formed in 2007, then the annual report is due in 2009, etc.. The fee for this filing is: $100 every 2 years

For State of Alaska Processing Time CLICK HERE

READY TO FORM LLC?