Alaska Clauses Relating to Powers of Venture

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US-P0603-2BAM
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This form contains sample contract clauses related to Powers of Venture. Adapt to fit your circumstances. Available in Word format.
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FAQ

To start a corporation in Alaska, you'll need to do three things: appoint a registered agent, choose a name for your business, and file Articles of Incorporation with the State of Alaska Corporations Section. You can file the document online or by mail. The Articles of Incorporation cost $250 to file.

If any portion of a business activity occurs within the State of Alaska then the expectation, per Alaska Statutes (law), is the business will have an Alaska Business License. Per AS 43.70. 020(a) a business license is required for the privilege of engaging in a business in the State of Alaska.

I want to operate an AirBnB. Do I need an Alaska Business License? Airbnb is an accommodation-sharing online marketplace which lets people rent out their properties or spare rooms to guests. Yes, if you are collecting rental income then you are engaged in business activity and an Alaska Business License is required.

If you sign a Power of Attorney, you give another person (your agent) the right to make decisions for you and you give them the authority to carry the decisions out. The form provided here is based upon the Alaska Statutes (AS 13.26. 600-965) and it can be tailored to meet your specific needs.

Generally, a company is transacting business in this state if it has sales, or payroll, and real or personal property in this state. However, it is the responsibility of the foreign entity or its legal counsel to determine whether it must obtain authority; the Division does not render legal opinions in this matter.

If any portion of a business activity occurs within the State of Alaska then the expectation, per Alaska Statutes (law), is the business will have an Alaska Business License. Per AS 43.70. 020(a) a business license is required for the privilege of engaging in a business in the State of Alaska.

Alaska recognizes the federal S corporation election and does not require a state-level S corporation election.

How Much Does a Business License Cost in Alaska? Businesses in the state of Alaska must pay $50 when first filing to receive a business license with the state government. Any businesses selling nicotine or nicotine-related products must be ?endorsed? to receive a business license, which incurs an additional $100 fee.

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Alaska Clauses Relating to Powers of Venture