How To Form A LLC In Alaska
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1. Choose a Name for Your Alaska Limited Liability Company
Check for an Available Name for the LLC in Alaska: Before you can form your LLC in Alaska, you will need to select a name for your small business. You will need to choose a name that is available for use in the state of Alaska. You will need to search online databases and other records to find out if a name is available and not in use by another LLC. You can start by searching the database that is available on the official website of the Alaska Secretary of State at Alaska LLC.
Reserve a Name for Your Alaska LLC: You do not need to reserve a name for your LLC before you file the LLC formation documents. However, if you would like to reserve a name before you file, you should download a name reservation form online at Alaska LLC. After you have submitted your name reservation application to the Alaska Secretary of State, the name that you have submitted will be reserved for 120 days. The filing fee to reserve a name is $25.00.
Filing for Trademarks Protection and Doing an LLC Name Search: Even if after a search of available records and databases you have found that the name that you want to use to form your LLC is available in Alaska, it is possible that another company could be using that name somewhere else in the country. There could also be other restrictions on what name you choose for your LLC. You can find out more information about how to choose a name for your LLC at how to choose a name for your llc.
Alaska LLC Name Requirements: If you are forming an LLC in Alaska, the name of your LLC must contain the words "LLC," “L.L.C.,” or "Limited Liability Company." Keep in mind that the term “LLC” stands for “Limited Liability Company,” and not “LLC Corporation, “Limited Liability Corporation,” or another variation. An LLC and a corporation are different types of business structures and are set up differently.
2. Find a Registered Agent in Alaska
You will need a registered agent within the state of Alaska that will act as an agent for service of process for your LLC. If anyone files a lawsuit against your company or if the State needs to take any action against your company or provide other official notice, the notice of the dispute will be served with the registered agent in Alaska to ensure that the notice will reach the LLC. There are various companies that offer registered agent services for LLCs for fees between $75 and $150.
3. File Articles of Organization with the Alaska Secretary of State
Minimum Requirements for the Articles of Organization: The Articles of Organization that you file for your LLC will need to contain the name and purpose of your LLC, the name and address of your registered agent, and the name of the organizer. You should also indicate whether the LLC will be managed by a manager or by the members. The Articles of Organization must be signed by the organizers before you file the document. You can download the form for this document online at Alaska LLC.
Other Alaska Legal Provisions: You should consider including additional clauses in the Articles of Organization of your Limited Liability Company. It is best to consult a lawyer for guidance in creating your Articles of Organization so that you can include the additional clauses that are most beneficial for your company.
Where to Submit the Articles of Organization for Filing: You should mail the signed original Articles of Organization and the filing fee to the State of Alaska, Corporations Section, PO Box 110806, Juneau, AK 99811-0806.
Filing Fee: The filing fee for Articles of Organization in Alaska is $250.00.
4. Form an Alaska Limited Liability Company Agreement (Operating Agreement)
Once you have formed your Limited Liability Company in Alaska by filing the Articles of Organization, the members of your LLC will need to sign an LLC Agreement that governs how the company will be operated. Unlike corporations, LLCs are generally operated simply. Your LLC Agreement will govern all aspects between the members of the LLC the way that bylaws or agreements between shareholders, like buy-sell agreements, work in a corporation. The details of the LLC Agreement depend on many factors, such as the number of people involved, how much money is being invested, who will manage the company, what kind of control the members will have over management, and how and when money will be distributed among the members. LLC Agreements also vary depending on whether the LLC will be used to operate a retail store, own and develop real estate, or make investments.
You should consult a lawyer and an accountant when you draft your LLC Agreement so that you can be sure to comply with all state requirements and federal tax laws. You may also choose to consult a corporate services company that can make all of the filings for you and provide you with form documents in return for a fixed fee.
Besides your LLC Agreement, there are other documents that you may need to create or file for your LLC, such as securities filings. You will also need to obtain an EIN from the IRS and the business license required by local government for your business. You can find information on how to get a business license in your city through our online guide at http://www.cityapplications.com/business-licenses.html.
5. Qualify your Alaska LLC to Do Business in Other States
You will need to find out if you need to register or qualify the LLC to do business in your home state if your main office is not located in Alaska. Most states will require you to qualify your LLC and will require you to pay taxes in your home state. You can find more information about how to qualify your LLC to do business in other states online at [Qualifying to Do Business in Other States].
6. Make Annual Filings and Pay Annual Taxes in Alaska
You will need to file a biennial report for your LLC in Alaska by January 2nd every other year. You can find the form for this document at Alaska LLC. You can also file online at Alaska LLC. The filing fee is $100.00. You will also need to pay annual taxes. You can find information and download tax forms online at the official website of the Alaska Department of Revenue Tax Division at Alaska LLC.
Forming an LLC can be complicated, especially when there is more than one person involved. You should consult an accountant and an attorney before you form your LLC so that you can make sure that an LLC is right for you and that all your paperwork is processed correctly.
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This site is for informational purposes only and does not constitute legal, financial or tax advise. The information on this site should not be relied upon as an official source of information and should be independently verified.