|
Forming an LLC in Alaska
Forming an LLC in Alaska is not very hard and you can do it yourself if you want to. There are also several incorporation companies that can help you when forming an LLC in Alaska, for a moderate fee. It can be a good idea to hire a legal expert to check your Operating Agreement. This is by no means mandatory in Alaska, but improperly written Operating Agreements can cause problems with the IRS.
Forming an LLC in Alaska in 5 easy steps
- Pick a name for your LLC. Alaska state law requires you to include an LLC identifier in the name of your company, e.g. Limited Liability Company, Ltd Liability Company or LLC. The name of your company cannot be the same as the name of any other LLC. Violating trademarks is naturally also forbidden. You cannot use terms such as “city”, “village”, “borough” etcetera in Alaska because that would imply that your LLC is a municipally.
- File Articles of Organization at the Alaska State filing office.
- Hold an organizational meeting and agree on an Operating Agreement for your LLC.
- Get a Federal Employer Identification Number (FEIN) for your LLC and open up a company bank account.
- Apply for local business licenses for the LLC from each city (or county) where your LLC plans to do business.
Important facts to take into consideration before forming an LLC in Alaska
- In Alaska, the minimum state filing fee is $250.00. (For 15 business days.)
- If you form your LLC in Alaska, you must hand in biennial reports. The report is due in January. The report fee is $100.
|