Alaska LLC Formation
If you want to form a business entity that earns a profit, but limits taxes and personal liability, you may want to consider forming a Limited Liability Company (LLC). LLCs also have the same powers afforded to a corporation. Forming an LLC in Alaska is easy, fast, and affordable.
| Alaska LLC Costs | |
|---|---|
| TotalLegal Fee | $99 |
| Alaska Filing Fee | $250 |
| Total | $349 |
Naming the LLC
The name of the limited liability company must contain the words “limited liability company” or the abbreviation “L.L.C.,” or “LLC”. The name of a city, borough, or village may be used in a limited liability company name; however, the name may not contain the word “city,” “borough,” or “village” or otherwise imply that the company is a municipality.
Required Information
You will need to provide the name of your LLC, the business purpose, the Registered Agent's name and physical address, and the name of the member(s) (the owners of the LLC).
Steps to Forming a Alaska LLC
- Complete the TotalLegal online interview.
- TotalLegal performs an LLC name availability search.
- TotalLegal will file your LLC with the Alaska Secretary of State within one business day.
Processing time can vary, but Alaska filings typically take Immediate Approval. When approved, TotalLegal will upload your Articles of Organization to your account, and send you an email letting you know you are approved to do business in Alaska.
Alaska LLC Advantages
- Alaska LLCs are usually approved in 1-2 business days.
- Professionals are allowed to form regular LLCs. There's no requirement or option to have to form a Professional Limited Liability Company (PLLC).
Maintaining an Alaska LLC
It's not hard at all. Each Alaska LLC is required to file a biennial report. The biennial report is due January 2. If your LLC was formed in an even year, the biennial report is due January 2nd of each even year thereafter. In the same regardk if your LLC was formed in an odd year, the biennial report is due January 2nd of each odd year thereafter. The biennial fee is $100. The biennial report and the fee can be completed and paid easiy online.
Making Changes to Your LLC
Making changes to your LLC in Alaska is pretty inexpensive compared to other states. Most changes you need to amend your LLC and/or change your Registered Agent can be done online, most for $25.00 or less.
Why use TotalLegal?
TotalLegal provides your LLC with a free Operating Agreement. Since your approved LLC's Articles of Organization do not list the owners (members) of the LLC, having all of this information in your Operating Agreement will make opening a bank account for your LLC in Alaska very easy.