This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.
Alaska Certificate of Directors as to Contents of the Bylaws of the Corporation
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Two Ways to Start A New Business in Alaska Define your business concept. Draft a business plan. Choose a business name. Fund your startup costs. Choose a business structure. Register your business with the Alaska Secretary of State. Get your business licenses. Set up a business bank account.
Today, these corporations are some of the leading drivers of the Alaskan economy. In 2018, Alaska Native corporations cumulatively reported more than $10.5 billion in revenues and accounted for almost 50 percent of the rankings in the Alaska Business' listing of the top 49 corporations in the state.
The Native Corporations were initially established to receive claims settlements from the U.S. government. The electing ANST pays tax on its income at the lowest rate specified for ordinary income and capital gains of an unmarried individual.
Rather than designating reservations held in trust by the United States government, as the majority of tribes in the Lower 48 have, the Alaska Native Claims Settlement Act created 12 regional profit-making Alaska Native corporations and over 200 village, group, and urban corporations to receive what would end up being ...
Empowering Shareholders and Communities. ANCSA mandated that Alaska Native corporations operate as for-profit businesses. Alaska Native corporations meet this mandate and go beyond by using their revenues to provide monetary and non-monetary benefits to their shareholders, descendants and Alaska Native communities.
Requirements for incorporating in Alaska To form a corporation, you must file articles of incorporation with the Division of Corporations, Business and Professional Licensing and pay any required filing fees. Your corporation will begin its existence when the division issues a Certificate of Incorporation.
Alaska Statute AS 43.70. 020 requires you to obtain an Alaska Business License before you engage in business activity. For more information please go to the Business Licensing Section.
ANCSA Regional Corporations contract with the federal government to provide social, education and health services for Alaska Native people in their region. Regional nonprofit corporations were created to administer these services, apart from the corporations created by Congress.