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Alaska recognizes the federal S corporation election and does not require a state-level S corporation election.
Small businesses (SMBs) form the backbone of Alaska's economy, and the federal government has moved in to assist them by issuing tax subsidies to help these businesses and boost the economy. But still, SMBs have continued to be plagued by high operating costs (including shipping) and finding qualified employees.
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.
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.
Alaska's state fee for forming an LLC is $250. On top of that, you'll need to pay $100 every other year to file a biennial report.
This is by no means an exhaustive list, but just a way to think about your options. The Most Profitable Small Business Ideas in Alaska. Restaurant. Alaska is home to one of the most active fishing industries in the world. ... Music Venue. ... Travel Agency. ... Tutoring. ... Car Repair. ... Online Business. ... Oil Gas Services.
Standard processing time from March-September is 10-15 business days. During heavy business license filing seasons (October - February), processing time will be delayed. We do not offer expediting services.
Ready to Start a Business in Alaska? Pick a Business Structure. Name Your Business. File Formation Paperwork. File an Alaska Initial Report. Draft Internal Records. Get Alaska Business Licenses. Get Business Insurance. Build Your Business Website.