Alaska Co-Development Agreement

State:
Multi-State
Control #:
US-TC0511
Format:
Word; 
PDF; 
Rich Text
Instant download

Description

This co-development agreement is for use by two companies who are looking to enter a relationship to develope a common technology that can be used by both companies. The agreement covers the purpose of the agreement in more exacting terms, as well as the mutual covenants to the agreement.


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FAQ

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.

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.

(NAICS)?stands for the North American Industry Classification System. The system is a multi-national attempt to classify enterprises by their intended economic activity.

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.

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.

Do you need an operating agreement in Alaska? No, it's not legally required in Alaska under § 10.50. 095. Single-member LLCs need an operating agreement to preserve their corporate veil and to prove ownership.

?No matter what type of business you start in Alaska, you will be required to obtain a state of Alaska Business license?. This is a requirement for all types of business entities (Sole Proprietor, Partnership, LLC, S Corporation, Non Profit, etc.)

Alaska is one of just a few states with no personal income tax. That means that LLCs with default tax status pay no state income tax to the State of Alaska.

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Alaska Co-Development Agreement