How Much Does It Cost to Start an LLC in Alaska?
Legal business registration — and making sure your business is in good standing — involves some necessary expenses. Some of these costs are payable to the Alaska Department of Commerce, Community, and Economic Development, while others are due to additional state entities or the federal government. Here are some of the most common requirements and fees.
Please note that Alaska business license and permit fees may need to be paid when you first form your business, on an ongoing schedule or on an ad hoc basis. Find more details below.
Initial Alaska LLC Fees
You’ll need to file as an LLC with the Alaska DCCED and pay a filing fee when you first formally form your business. Here are the current Alaska LLC fees and filing times:
When you form your LLC with us, Incfile will charge you this fee and forward it to the Alaska Department of Commerce, Community, and Economic Development when we file your formation paperwork.
Employer Identification Number
Every LLC in the U.S. should obtain a unique Employer Identification Number (EIN) from the Internal Revenue Service. You'll use it when you open a business bank account, file taxes and pay employees. It's available at no cost from the IRS, or have Incfile obtain one for you.
When you want to do business in a state other than the one where your business is based, you must create a foreign LLC.
Alaska Foreign LLC Registration
Foreign companies are those which are formed in another state or country. In order to transact business in Alaska these entities must file an application with the Alaska DCCED's Office for a Certificate of Compliance.
The registration must be accompanied by a certificate of good standing or a certificate of existence from the domestic state of formation. Register your out-of-state foreign company online by filing your forms for Registration of Foreign LLC with the DCCED. The filing fee for an Alaska Foreign LLC is $350. The state may have additional requirements so contact the Alaska Department of Commerce, Community, and Economic Development for more information.
Foreign Qualification to Operate in Another State
If you plan to expand your Alaska LLC into another state, you’ll first need Foreign Qualification or a Certificate of Authority or Compliance from that state. This is necessary if you'll have a physical presence, employees or banking in that state.
This process will likely require you to complete an application and pay a filing fee. Each state typically has its own requirements, so you’ll want to contact the state government entity that administers business (usually the Secretary of State) for specific instructions.
If you need assistance, Incfile provides complete Foreign Qualification service for all states.
Annual Report Requirements
Most states — including Alaska — require businesses to file an annual (or other periodic) report with the Secretary of State. For the state of Alaska, the Department of Commerce, Community, and Economic Development only requires a biennial report filed once every other year. When you file your biennial report, you’ll need to pay a fee of $100. Here are the Alaska annual report filing requirements:
By January 2nd of the filing year.
Entity organized or qualified in even-numbered years must file in even-numbered years; those in odd-numbered years file in odd-numbered years.
Alaska Business License and Permit Requirements
As a business owner, it’s your responsibility to make sure you have the proper state, federal or local business licenses to operate your Alaska LLC. Some of the associated fees only need to be paid once, while others are ongoing charges.
Permits and licenses vary based on:
The state of Alaska doesn't require you to have an LLC Operating Agreement in place.
An Operating Agreement is a document that covers how the business will be run, how managers and members are chosen, rights and duties of members and several other key areas. It's usually filed with your Articles of Organization at the time of your formal business formation.
This document can be extremely helpful in making sure you’re organized and prepared for any future events that may affect your business.
If you have any unique requirements, you can make changes to accommodate them.
Other Potential Alaska LLC Fees or Requirements
It is normal for your business to pay and meet several other fees and requirements during the life of your LLC. These ad hoc fees will only be payable in specific circumstances, as listed below.
Reserving a Name for Your LLC
If you don’t want to form your LLC right away, you can reserve a business name for 120 days with the Alaska Department of Commerce, Community, and Economic Development by filing an application for reservation of name and paying a filing fee of $25. First, perform an Alaska business search and learn about business name rules to ensure you choose a name that meets state requirements.
Amending Certain Facts About Your LLC
Your business formation documents state certain facts about your Alaska business at the time it's formed. Over time, these facts may change. If they do, you'll need to file Articles of Amendment with the Alaska DCCED for a filing fee of $25. You can do this yourself or have Incfile file the amendments on your behalf.
Getting an Alaska Certificate of Compliance
ome organizations will request that you prove your LLC’s compliance with laws and tax requirements. If you need to prove you have met your commitments, you’ll need a Certificate of Compliance from the Alaska DCCED. You can obtain one by ordering a Certificate of Compliance from the DCCED, and paying a fee of $10.
The fees listed above detail many of the charges a standard LLC will be required to pay in Alaska. In some unusual circumstances, there may be other one-off, periodic or ad hoc fees not listed above.
Of course, your LLC will also probably need to pay self-employment, payroll, federal, state and sales taxes. More information about taxes can be found on the Alaska Business Tax page.