Alaska Entity Types Guide

Published: July 31, 2025 • Incorporation
Alaska Entity Types Guide | Complete Guide to LLCs, Corporations & Business Structures
🏔️ ALASKA
Alaska Entity Types Guide

Complete guide to forming LLCs, corporations, nonprofits, cooperatives, and professional entities in Alaska – with Last Frontier regulations and compliance requirements

💼
LLC Formation Fee
$250
🏢
Corporation Formation
$250
📋
Biennial Report (Domestic)
$100
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The Last Frontier
America’s North
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Alaska Entity Types – Overview

🏔️ Welcome to Alaska Business Formation

Alaska offers a comprehensive menu of business entity types for entrepreneurs, investors, professionals, and cooperatives. Whether you’re launching a startup, managing remote operations, establishing a professional practice, or forming a rural utility co-op, Alaska provides modern business statutes with flexible governance frameworks.

Alaska Business Entity Menu

The Alaska Division of Corporations, Business and Professional Licensing recognizes the following business entity types:

Limited Liability Companies

  • Domestic LLC
  • Professional LLC (PLLC)
  • Foreign LLC (registered)
  • Single-member & multi-member

Corporations

  • Business Corporation
  • Professional Corporation (PC)
  • Nonprofit Corporation
  • Religious Corporation
  • Public Benefit Corporation

Partnerships

  • General Partnership
  • Limited Partnership (LP)
  • Limited Liability Partnership (LLP)

Cooperatives

  • Cooperative Corporation
  • Electric & Telephone Co-ops
  • Worker/Consumer Co-ops

Sole Proprietorships

  • Business Name Registration
  • No formal filing required
  • Full personal liability

Key Alaska Business Framework

✅ Alaska Statutory Framework:
  • Title 10 – Corporations and Associations: Governs all corporate entities, LLCs, and cooperatives
  • Title 32 – Partnerships: Covers general partnerships, LLPs, and limited partnerships
  • AS 10.55 – Cross-entity transactions: Unified framework for conversions, mergers, domestications, and interest exchanges
  • Modern statutes: Alaska has adopted revised uniform acts for LLCs, corporations, and partnerships
  • Online filing: Corporations Section offers online filing for most entity types

Alaska vs Other Jurisdictions

Factor Alaska Delaware Wyoming
LLC Formation Fee $250 $90 $100
LLC Annual/Biennial Report $100 every 2 years $300/year $60/year
Corp Formation Fee $250 $89 $100
Corp Biennial Report $100 every 2 years $50/year + franchise tax $60/year
Online Filing ✅ Yes ✅ Yes ✅ Yes

When to Choose Alaska Formation

✅ Choose Alaska When:

  • Operating a business physically located in Alaska
  • Biennial reporting (every 2 years) preferred over annual
  • Real estate investments in Alaska
  • Natural resource, energy, or utility operations
  • Professional practice in Alaska (law, medicine, etc.)
  • Cooperative structures (rural electric, telecom, worker co-ops)
  • Tourism, aviation, or Alaska-based services

⚠️ Consider Delaware/Other States When:

  • Raising venture capital (VCs prefer Delaware C-corps)
  • Planning to go public (Delaware corporate law track record)
  • No physical Alaska presence (may qualify as foreign entity)
  • Multi-state operations (consider operational headquarters state)
  • Lower formation fees are priority (Delaware/Wyoming cheaper initially)
⚠️ Foreign Qualification Requirement:

If your business is formed in another state but conducts business in Alaska, you must register as a foreign entity (foreign LLC or foreign corporation). This typically costs $250 and requires biennial reports ($200 every 2 years for foreign entities).

“Doing business” in Alaska generally includes:

  • Having a physical office or location in Alaska
  • Employing workers in Alaska
  • Regular, ongoing sales or services to Alaska customers (beyond isolated transactions)
  • Owning or leasing real property in Alaska for business purposes

Quick Comparison: Alaska Entity Types

This table provides a high-level comparison of Alaska’s business structures. Scroll horizontally on mobile devices.

Factor Sole Prop General Partnership LP LLP LLC Corporation Nonprofit PC/PLLC Co-op
Liability Shield ❌ None ❌ Joint & several ⚠️ GPs: none; LPs: limited ✅ Yes (except own acts) ✅ Yes ✅ Yes ✅ Yes ✅ Yes (except own malpractice) ✅ Yes
Tax Default Schedule C Pass-through (K-1) Pass-through (K-1) Pass-through (K-1) Pass-through (or elect C-corp) C-corp (or elect S-corp) Tax-exempt (if 501(c) qualified) C-corp, S-corp, or pass-through Pass-through patronage
Formation Fee $0 $0 (if unregistered) $150 $150 $250 $250 $50 $250 $250
Biennial Report ❌ No ❌ No ✅ $100 ✅ $100 ✅ $100 ✅ $100 ✅ $25 ✅ $100 ✅ $100
Owner Restrictions 1 person only 2+ persons 1+ GP, 1+ LP 2+ partners 1+ members 1+ shareholders N/A (members/directors) Licensed professionals only Members (patronage-based)
Best Use Cases Solo freelancers, minimal risk Small partnerships, low formality Real estate, passive investors Law/accounting firms Most small/mid businesses VC-backed startups, going public Charities, foundations Lawyers, doctors, CPAs, etc. Rural utilities, worker co-ops

Alaska Limited Liability Companies (LLCs)

📘 Alaska LLC Law: AS 10.50 – Alaska Revised Limited Liability Company Act

Alaska has adopted a modern LLC statute with broad freedom of contract in operating agreements, allowing flexible management structures, distribution waterfalls, and custom governance provisions.

Formation: Articles of Organization

Alaska LLCs are formed by filing Articles of Organization with the Alaska Division of Corporations, Business and Professional Licensing.

Required Content for Alaska Articles of Organization

Requirement Details
LLC Name Must include “Limited Liability Company,” “LLC,” or “L.L.C.” and be distinguishable on state records
Principal Office Address Physical address (can be in or outside Alaska)
Registered Agent Name and physical Alaska street address (no PO boxes)
Management Structure Member-managed or manager-managed (default: member-managed)
Organizer Name and address of person forming the LLC
Effective Date Upon filing or specify future date

Filing Fees & Processing

Filing Method Fee Processing Time
Online (Form 08-484) $250 1-3 business days
Mail (Form 08-484) $250 5-10 business days

Operating Agreement

📋 Operating Agreement (Strongly Recommended):

While Alaska does not require you to file an operating agreement, having a written operating agreement is strongly recommended. The operating agreement governs internal operations and member relationships.

Key provisions to address:

  • Member capital contributions and ownership percentages
  • Profit and loss allocation (can differ from ownership percentages)
  • Management structure (member-managed vs manager-managed)
  • Voting rights and quorum requirements
  • Transfer restrictions and buy-sell provisions
  • Fiduciary duty modifications (Alaska allows broad contractual flexibility)
  • Dissolution and liquidation procedures

Initial Report & Biennial Reports

Requirement Details
Initial Report ✅ Required (file online soon after formation; no fee)
Biennial Report ✅ Yes – Every 2 years
Domestic LLC Fee $100 (every 2 years)
Foreign LLC Fee $200 (every 2 years)
Filing Method Online via Alaska Corporations portal

Tax Treatment

LLC Type Default Federal Tax Can Elect
Single-member LLC Disregarded entity (Schedule C) C-corp or S-corp
Multi-member LLC Partnership (Form 1065, K-1s) C-corp or S-corp
⚠️ No Alaska State Income Tax:

Alaska does not have a state income tax for individuals or most businesses. However, Alaska does impose other taxes and fees:

  • Business license: Required for most businesses operating in Alaska
  • Corporate income tax: Applies to certain industries (oil & gas, banking, insurance)
  • Property tax: Local municipalities may impose property taxes

Professional Limited Liability Companies (PLLCs)

Alaska allows licensed professionals to form Professional LLCs (PLLCs) for the practice of their profession, following the same general LLC framework with additional licensing requirements.

Who May Form a PLLC

  • Licensed attorneys
  • Physicians and surgeons
  • Dentists
  • Architects
  • Engineers
  • Accountants (CPAs)
  • Other licensed professionals (check with licensing board)

PLLC Requirements

  • Members: All members must be licensed in the same profession (or related professions if board allows)
  • Managers: If manager-managed, managers must be licensed professionals
  • Name: May need to include profession or “PLLC” / “Professional LLC” (check licensing board rules)
  • Liability: No shield for own malpractice; PLLC protects from other members’ malpractice and general business debts

✅ When to Choose LLC/PLLC

  • Want liability protection with pass-through tax
  • Flexible management and profit allocation
  • Operating a small/mid-sized business or real estate holdings
  • Professional practice (if PLLC authorized for your profession)
  • Not raising venture capital or planning IPO
  • Prefer biennial reporting (every 2 years) vs annual

❌ When to Avoid LLC/PLLC

  • Raising venture capital (VCs prefer C-corps)
  • Going public (must be corporation)
  • Want to issue stock options/equity grants to employees
  • Your profession requires PC (not PLLC) per licensing board

Alaska Business Corporations

📘 Alaska Corporate Law: AS 10.06 – Alaska Corporations Code

Flexible general business corporation statute supporting both closely held and widely held corporations, with detailed provisions on governance, shares, and fiduciary duties.

For-Profit Corporations

Formation: Articles of Incorporation

Corporations are formed by filing Articles of Incorporation with Alaska Division of Corporations.

Required Content for Articles of Incorporation

  1. Corporate name (must include “Corporation,” “Incorporated,” “Company,” “Limited,” or abbreviation: Corp., Inc., Co., Ltd.)
  2. Number of authorized shares (and classes/series if more than one)
  3. Registered agent name and Alaska street address
  4. Principal office address
  5. Incorporator(s) name and address
  6. Director information (if initial directors named)

Filing Fee

  • Articles of Incorporation (Form 08-400): $250
  • Processing: Online filings typically processed within 1-3 business days

Initial Report & Biennial Reports

Requirement Details
Initial Report ✅ Required (file online soon after formation; no fee)
Biennial Report ✅ Yes – Every 2 years
Domestic Corp Fee $100 (every 2 years)
Foreign Corp Fee $200 (every 2 years)

Corporate Governance

  • Shareholders: Elect directors, approve major transactions
  • Board of Directors: Manage business and affairs; delegate to officers
  • Officers: CEO, CFO, Secretary, etc.; appointed by board
  • Bylaws: Required (not filed; kept in corporate records)
  • Meetings: Annual shareholder meetings recommended (required for publicly traded corps)

Tax Treatment

Tax Election How It Works
C-Corporation (default) Entity-level federal tax on corporate income; dividends taxed to shareholders (double taxation). Alaska has no general state income tax for most corporations.
S-Corporation (election) Pass-through tax; income flows to shareholders on K-1; must meet IRS eligibility (≤100 shareholders, all U.S. individuals/estates/trusts, one class of stock)

Public Benefit Corporations (PBCs)

📘 Alaska PBC Law: AS 10.60 – Public Benefit Corporations

A Public Benefit Corporation is not a separate entity type. Instead, it’s an overlay status that a business corporation or professional corporation can elect in its articles of incorporation.

How Alaska PBCs Work

  • Election: Business corporation or professional corporation elects PBC status in articles of incorporation
  • Public benefit: Must identify one or more general public benefits the corporation will pursue
  • Director duties: Directors are permitted (and sometimes required) to consider broader stakeholder interests beyond shareholder value
  • Annual benefit report: PBCs must prepare annual benefit reports describing public benefit efforts

When to Choose PBC Status

  • Social enterprise balancing profit and social/environmental mission
  • Want legal protection for directors to consider broader stakeholder interests
  • Transparency with investors about dual mission (profit + public benefit)
  • Not eligible for 501(c)(3) but want mission-driven structure

✅ When to Choose Corporation

  • Raising venture capital or planning IPO
  • Want stock options/equity incentive plans
  • Multiple classes of stock needed (preferred, common)
  • S-corp election for self-employment tax savings
  • Established corporate governance structure desired

✅ When to Choose PBC

  • Social enterprise with dual profit + public benefit mission
  • Want legal protection for mission-driven decisions
  • Investors aligned with public benefit goals
  • Transparency and accountability for social/environmental impact

Alaska Cooperative Corporations

📘 Alaska Cooperative Law:
  • AS 10.15 – Cooperative Corporations: General cooperatives (worker, consumer, agricultural, etc.)
  • AS 10.25 – Electric and Telephone Cooperatives: Specialized utility cooperatives

General Cooperative Corporations (AS 10.15)

What is a Cooperative?

A cooperative corporation is a member-owned business entity organized for the mutual benefit of its members. Cooperatives typically follow these principles:

  • Member ownership: Members own and control the cooperative
  • Democratic control: One-member-one-vote is typical (but check bylaws)
  • Patronage distributions: Profits distributed based on member use/patronage, not capital investment
  • Limited return on equity: Capital investors receive limited returns; most surplus goes to members

Formation

Requirement Details
Filing Articles of Incorporation – Cooperative Corporation (Form 08-462)
Fee $250
Biennial Report $100 (every 2 years)

Types of Cooperatives Under AS 10.15

Worker Cooperatives

Owned and controlled by employees who share profits and decision-making

Consumer Cooperatives

Owned by customers who purchase goods/services from the co-op (grocery, housing, credit unions)

Producer Cooperatives

Owned by producers who market products through the co-op (agricultural, fishing)

Electric & Telephone Cooperatives (AS 10.25)

Alaska Rural Utility Cooperatives

🏔️ Alaska’s Unique Co-op Landscape:

Because of Alaska’s remote geography and dispersed population, electric and telephone cooperatives play a vital role in providing utilities to rural and isolated communities.

Key Features

  • Purpose: Provide electric power or telephone/telecommunications service on a nonprofit, cooperative basis
  • Regulation: Subject to Alaska Public Service Commission (PSC) oversight in addition to cooperative law
  • Federal programs: Often work with USDA Rural Utilities Service (RUS) for financing and grants
  • Member-owned: Customers are members and vote on board elections

Formation

  • File Articles of Incorporation under AS 10.25
  • Comply with PSC and federal regulatory requirements
  • Typically requires specialized legal counsel due to complex regulatory framework
✅ When to Form a Cooperative:
  • Member-owned business model (workers, consumers, or producers)
  • Democratic control and patronage-based distributions desired
  • Agricultural, fishing, or rural economic development
  • Electric or telephone utility serving rural/remote communities
  • Want to leverage cooperative tax treatment and federal co-op financing programs

Professional Entities

📘 Alaska Professional Corporation Law: AS 10.45 – Professional Corporations

Professional Corporations (PCs)

Alaska authorizes Professional Corporations for licensed professionals who want corporate structure with professional practice limitations.

Who May Form a Professional Corporation

  • Attorneys
  • Physicians and surgeons
  • Dentists
  • Chiropractors
  • Veterinarians
  • Certified Public Accountants (CPAs)
  • Architects
  • Professional engineers
  • Other licensed professionals (consult licensing board)

Formation & Ownership Restrictions

Requirement Details
Purpose PC must be organized solely for practice of licensed profession
Shareholders Only licensed professionals in same field (or entities composed of them)
Directors/Officers Must be licensed professionals
Name Must comply with licensing board rules (typically “P.C.” or “Professional Corporation”)
Filing Articles of Incorporation – Professional Corporation (Form 08-424)
Filing fee $250
Biennial report $100 (every 2 years)

Liability

🚨 No Malpractice Shield:

A professional corporation does not shield individual professionals from personal liability for their own malpractice or negligence. The PC limits liability for:

  • Other professionals’ malpractice
  • General business debts

Each professional remains personally liable for their own professional acts.

PC vs PLLC Comparison

Factor Professional Corporation (PC) Professional LLC (PLLC)
Structure Corporation LLC
Statute AS 10.45 AS 10.50 (LLC Act + professional licensing rules)
Tax default C-corp (can elect S-corp) Pass-through (can elect C-corp/S-corp)
Formality High (board, bylaws, minutes) Medium (operating agreement)
Formation fee $250 $250
Biennial fee $100 $100
Liability shield Yes (except own malpractice) Yes (except own malpractice)
Best for Traditional firms; S-corp tax planning Modern firms; pass-through simplicity
⚠️ Check with Your Licensing Board:

Some professions may prefer or require PC over PLLC (or vice versa). Always check with your Alaska licensing board before forming a professional entity:

  • Alaska Bar Association (for attorneys)
  • Alaska State Medical Board (for physicians)
  • Alaska Board of Public Accountancy (for CPAs)
  • Etc.

Partnerships

📘 Alaska Partnership Law: Title 32 – Partnerships
  • AS 32.06 – Revised Uniform Partnership Act (RUPA): General partnerships and LLP elections
  • AS 32.11 – Revised Uniform Limited Partnership Act: Limited partnerships

General Partnership

Formation

  • No formal filing required: Partnership arises automatically when two or more persons carry on a business for profit as co-owners
  • Optional trade name registration: If doing business under name other than partners’ names, file a business name under AS 10.35

Liability

🚨 Joint & Several Liability:

Each partner is jointly and severally liable for all partnership debts and obligations. One partner’s actions can bind the entire partnership and expose all partners to personal liability.

Tax Treatment

  • Pass-through taxation: Partnership files Form 1065 and issues K-1s to partners
  • Partners report their share of income/loss on individual returns

Limited Partnership (LP)

Structure

  • General partners: Manage partnership; unlimited personal liability
  • Limited partners: Contribute capital; limited liability (capped at investment); no management control

Formation

Requirement Details
Filing Certificate of Limited Partnership (Form 08-508)
Fee $150
Biennial Report $100 (every 2 years)

Use Cases

  • Real estate investment partnerships
  • Private equity and venture capital fund structures
  • Family limited partnerships (FLPs) for estate planning
  • Oil & gas or natural resource investment structures

Limited Liability Partnership (LLP)

Formation

Requirement Details
Filing Statement of Qualification – LLP (Form 08-524)
Fee $150
Name requirement Must include “LLP,” “L.L.P.,” or “Limited Liability Partnership”
Biennial Report $100 (every 2 years)

Liability Protection

LLP partners are NOT personally liable for partnership obligations arising from errors, omissions, negligence, or misconduct of another partner or employee. Each partner remains liable for their own acts.

Best Use Cases

  • Law firms: Lawyers want protection from other partners’ malpractice
  • Accounting firms: CPAs shielded from co-partner negligence
  • Architecture/engineering firms: Professional liability isolation
  • Consulting firms: Professional services with multiple partners
✅ Partnership Entity Selection:
  • General Partnership: Minimal formality, but full personal liability – not recommended unless very small/low-risk
  • Limited Partnership: Passive investors (LPs) + active managers (GPs); common for real estate and funds
  • LLP: Professional service firms that want partnership tax treatment with liability protection
  • Consider LLC instead: For most small businesses, an LLC offers better liability protection and flexibility than GP or LP

Nonprofit & Religious Corporations

Nonprofit Corporations

📘 Alaska Nonprofit Corporation Law: AS 10.20 – Alaska Nonprofit Corporation Act

Formation

Requirement Details
Filing Articles of Incorporation – Nonprofit (Form 08-438; online option available)
Formation Fee $50
Biennial Report $25 (every 2 years)
Purpose Must specify charitable, educational, religious, scientific, or other nonprofit purpose

Key Features

  • Non-stock structure: No shareholders; can have members or be non-member nonprofit
  • No profit distribution: Surplus must be used for exempt purposes, not distributed to directors/officers
  • Board of directors: Governs the nonprofit; fiduciary duties to the organization’s mission
  • Dissolution: Upon dissolution, assets must go to another nonprofit or public use (cannot revert to founders)

Federal Tax-Exempt Status

⚠️ State Formation ≠ Federal Tax Exemption:

Forming an Alaska nonprofit corporation does not automatically grant federal tax-exempt status. To obtain 501(c)(3) or other tax-exempt status:

  • File IRS Form 1023 (501(c)(3) application for charitable organizations) or Form 1024 (other exemptions)
  • Meet IRS requirements for charitable/exempt purposes, governance, and operations
  • Obtain IRS determination letter confirming exemption

Types of Nonprofits

Charitable Nonprofits (501(c)(3))

  • Charitable, educational, religious, scientific purposes
  • Tax-deductible donations
  • Must apply for IRS 501(c)(3) status
  • Examples: foundations, schools, churches, hospitals

Mutual-Benefit Nonprofits

  • Serve members’ interests (trade associations, clubs, HOAs)
  • May qualify for 501(c)(4), (c)(5), (c)(6), etc.
  • Donations typically NOT tax-deductible
  • Examples: chambers of commerce, social clubs, labor unions

Religious Corporations

📘 Alaska Religious Corporation Law: AS 10.40 – Religious Corporations

Formation

Requirement Details
Filing Articles of Incorporation – Religious Corporation (Form 08-539)
Formation Fee $50
Biennial Report $25 (every 2 years; domestic)

Key Features

  • Purpose: Designed for churches, synagogues, mosques, and religious societies
  • Governance: Often governed by a single “sole official” or small board; specific Notice of Change of Sole Official form (08-4770) available
  • Simplified structure: Less formal than general nonprofit corporations in some respects

Religious Corporation vs Nonprofit Corporation

Factor Religious Corporation (AS 10.40) Nonprofit Corporation (AS 10.20)
Purpose Religious purposes (churches, religious societies) Charitable, educational, religious, scientific, or other nonprofit purposes
Governance Often single “sole official” or small board Board of directors; can have members
Formation fee $50 $50
Biennial fee $25 $25
501(c)(3) eligibility ✅ Yes (churches automatically qualify; no Form 1023 required for churches) ✅ Yes (must file Form 1023)
Best for Churches, mosques, synagogues, religious ministries Broader charitable organizations, foundations, schools
✅ Religious Corporation or Nonprofit Corporation?
  • Choose Religious Corporation if: You are forming a church or religious society and want simplified governance (sole official structure)
  • Choose Nonprofit Corporation if: You want broader governance flexibility (board + members) or are a religious organization doing significant non-worship activities (e.g., religious school, social services)
  • Churches: Automatically qualify for 501(c)(3) status without filing Form 1023 (but should still obtain EIN and may want determination letter)

Formation Process & Fee Summary

Alaska Filing Fees Summary

Service Fee Notes
LLC Articles of Organization $250 Form 08-484 (online or mail)
Corporation Articles of Incorporation $250 Form 08-400 (for-profit corporation)
Nonprofit Articles of Incorporation $50 Form 08-438 (reduced fee for nonprofits)
Religious Corporation Articles $50 Form 08-539
Professional Corporation $250 Form 08-424
Cooperative Corporation $250 Form 08-462
Limited Partnership Certificate $150 Form 08-508
LLP Statement of Qualification $150 Form 08-524
Foreign LLC/Corp Registration $250 Register to do business in Alaska
Name Reservation $25 120 days
Certificate of Good Standing $25 Per certificate

Biennial Report Fees (Every 2 Years)

Entity Type Domestic Entity Foreign Entity
LLC $100 $200
Corporation (for-profit) $100 $200
Professional Corporation $100 $200
Cooperative Corporation $100 $200
Nonprofit Corporation $25 $50
Religious Corporation $25 $50
Limited Partnership $100 $200
LLP $100 $200

Step-by-Step Formation: LLC Example

Alaska LLC Formation Checklist

  1. Choose LLC name (must include LLC/L.L.C. and be distinguishable)
  2. Check name availability on Alaska Corporations Section website
  3. Optional: Reserve name ($25 for 120 days)
  4. Appoint registered agent (Alaska resident or entity with AK address)
  5. Draft operating agreement (strongly recommended; not filed)
  6. File Articles of Organization online or by mail (Form 08-484; $250)
  7. File Initial Report (online; no fee; required soon after formation)
  8. Obtain EIN from IRS (free, apply online at irs.gov)
  9. Open business bank account
  10. Obtain Alaska business license (required for most businesses operating in Alaska)
  11. Register for Alaska taxes if applicable (corporate income tax for certain industries)
  12. Obtain local licenses/permits as required

Cross-Entity Transactions (AS 10.55)

🔄 Alaska Entity Conversion & Merger Framework:

Alaska provides a unified statutory framework under AS 10.55 for cross-entity transactions, allowing entities to:

  • Convert: Change entity type (LLC → Corp, Corp → LLC, LP → LLC, etc.)
  • Merge: Combine multiple entities (including different entity types)
  • Domesticate: Move an out-of-state entity to Alaska or vice versa
  • Interest Exchange: Acquire all interests in another entity

The Alaska Corporations Section provides unified forms for these transactions that apply to all entity types under AS 10.55.

Available Cross-Entity Transaction Forms

  • Statement of Conversion – Convert from one entity type to another
  • Statement of Merger – Merge two or more entities
  • Statement of Domestication – Domesticate into or out of Alaska
  • Statement of Interest Exchange – Acquire all interests in another entity

Ongoing Compliance

Biennial Compliance Requirements

📅 Biennial Reporting (Every 2 Years):

Most Alaska entities must file a Biennial Report every two years. This is different from many states that require annual reports.

Entity Type Initial Report Required? Biennial Report Required? Domestic Fee Foreign Fee
LLC (domestic) ✅ Yes (no fee) ✅ Yes (every 2 years) $100 $200
Corporation (for-profit) ✅ Yes (no fee) ✅ Yes (every 2 years) $100 $200
Professional Corporation ✅ Yes (no fee) ✅ Yes (every 2 years) $100 $200
Cooperative Corporation ✅ Yes (no fee) ✅ Yes (every 2 years) $100 $200
Nonprofit Corporation ✅ Yes (no fee) ✅ Yes (every 2 years) $25 $50
Religious Corporation ✅ Yes (no fee) ✅ Yes (every 2 years) $25 $50
Limited Partnership N/A ✅ Yes (every 2 years) $100 $200
LLP N/A ✅ Yes (every 2 years) $100 $200
General Partnership ❌ No ❌ No N/A N/A

Other Ongoing Requirements

All Alaska Entities Must:

  • Maintain registered agent and registered office in Alaska
  • File biennial reports (if required)
  • Keep internal records (operating agreements, bylaws, etc.)
  • Obtain and maintain Alaska business license
  • Comply with Alaska tax filings (if applicable; Alaska has no general state income tax)
  • Maintain separate bank accounts
  • Update filings if name, RA, or address changes

Corporations Specifically Must:

  • Hold annual shareholder meetings (or document consent resolutions)
  • Hold board meetings (quarterly or as needed)
  • Maintain corporate records book
  • Issue stock certificates
  • Document resolutions for major decisions
  • Nonprofits: file IRS Form 990 (if 501(c)(3) and gross receipts > threshold)

Alaska Business License

⚠️ Separate from Entity Formation:

In addition to forming your entity with the Alaska Division of Corporations, most businesses operating in Alaska must obtain an Alaska Business License from the Alaska Department of Commerce, Community, and Economic Development.

  • Who needs it: Nearly all businesses operating in Alaska (some exemptions apply)
  • Cost: Varies by business type and local municipality
  • Renewal: Biennial (every 2 years)
  • Apply: Online via the Alaska Business License portal

Alaska Tax Considerations

✅ Alaska Tax Advantages:
  • No state income tax: Alaska does not tax individual or most corporate income
  • No sales tax: No statewide sales tax (but local municipalities may impose local sales taxes)
  • Corporate income tax (limited): Applies only to certain industries:
    • Oil & gas production and pipeline companies
    • Banks and financial institutions
    • Insurance companies
    • Utilities in certain cases
  • Property tax: Local municipalities impose property taxes

My Services – Alaska Entity Formation

I handle Alaska entity formations as an attorney-led service. You work directly with me—an experienced business attorney—through the entire process.

What’s included: State filing fees and a registered agent (state requirement) fee for one year. A company (LLC or Corporation) formed in one of the standard-fee states (DE, CA, WY, SC) at the base price. Formation in premium-fee states (TX, MA, NV, NY, IL, TN, AK) is available with an additional fee to cover higher state costs.

Service Packages

Starter

$500

Best for: Single-owner businesses or simple partnerships using standard templates with basic information inserted.

Delivery Time 14 days
Number of Revisions 0

Includes:

  • EIN (Tax ID Number)
  • Basic Bylaws/Operating Agreement

Standard

$750

Perfect for: Most businesses requiring customized founding documents with professional guidance on entity type, state selection, and taxation.

Delivery Time 5 days
Number of Revisions 2

Includes:

  • EIN (Tax ID Number)
  • Customized Bylaws/Operating Agreement
  • 30min Consultation

Advanced

$850

Ideal for: Complex business structures requiring sophisticated legal frameworks, multiple owners, investors, or specialized provisions.

Delivery Time 3 days
Number of Revisions 5

Includes:

  • EIN (Tax ID Number)
  • Customized Bylaws/Operating Agreement
  • 1hr Consultation
  • Advanced Corporate Structuring & Custom Drafting
    (Ownership transfers, investor terms, multiple share classes, etc.)

Alaska-Specific Add-On Services

Service Fee
Alaska formation premium fee (covers $250 state filing fee vs standard $100) +$150
Foreign LLC/Corp registration (Certificate of Authority) $800
S-corp election (Form 2553 preparation and filing) Included in Standard/Advanced
Professional corporation/PLLC setup (with licensing board coordination) $1,500+
Cooperative corporation setup (co-op structure and bylaws) $2,000+
Public Benefit Corporation election (PBC articles and benefit report framework) $1,200+
Entity conversion (LLC ↔ Corp, etc. using AS 10.55 framework) $1,500+
Registered agent service (annual) $200/year
Biennial report filing service $150 per cycle (every 2 years)
Alaska business license application $300

Why Work With Me?

  • Attorney-led service: I personally handle your formation, not a paralegal or automated system
  • Alaska expertise: Deep knowledge of Alaska business law, Title 10/32 framework, and unique Alaska considerations
  • Biennial reporting advantage: Help you leverage Alaska’s 2-year reporting cycle vs annual in other states
  • Cooperative & specialty entities: Experience with co-ops, professional entities, and Alaska’s unique entity types
  • Tax optimization: Leverage Alaska’s no-income-tax advantage and structure for optimal federal tax treatment
  • Fixed fees: No surprise bills; all packages are flat-fee with clear scope
  • Long-term relationship: I’m here for amendments, compliance, conversions, and growth as you scale

Contact & Booking

Ready to form your Alaska business entity? Let’s discuss your needs and determine the right structure.

📧 Email: owner@terms.law
📅 Schedule a call: Use the Calendly link below to book a 30-minute strategy session.

Schedule Strategy Session

Ready to Form Your Alaska Business?

Let’s discuss your entity structure, tax strategy, and Alaska compliance roadmap.

Email Me: owner@terms.law Schedule a Call