Alaska boasts of a gross state product exceeding $44.9 billion and federal subsidies, an important aspect of the economy that is perhaps a primary reason for the state witnessing low taxes. In the last decade, the state has seen growth in the tourism sector. If you are wondering if Incorporation in Alaska is a smart idea or not then the list of top companies and employers by Alaska Department of Labor and Workforce Development will definitely be helpful to you. Some of the companies headquartered in the state include FedEx, Wells Fargo, Alaska Communications Systems (ACS), Lowe’s, Costco, Icicle Seafoods, McDonald’s Restaurants of Alaska, and Home Depot among others.

Why Choose Alaska for Incorporation?

Why is a company Incorporation in Alaska a good decision? This northernmost state is home to 69,115 small businesses with 72% of them being exporters. The state of Alaska offers several benefits in terms of advantages as well as incentives to prospective businesses. Let’s take a look at some of them.

Economic Development Opportunity Zones

If you set up a company in Alaska especially in the opportunity zones laid out by the Department of Commerce, Community, and Economic Development then your business will be able to enjoy tax benefits on investments. You can check the various opportunity zones by clicking here.

Loan Programs

One of the advantages of Incorporation in Alaska is the availability of a variety of loan programs, which will help your business to generate the capital required. Some of the popular loans available include:

• Small Business Economic Development (SBED): The maximum loan amount is $300,000 based on eligibility. Download Loan Application
• Rural Development Initiative Fund: The maximum loan amount varies from $150,000 for a single person to $300,000 for two or more people. Download Loan Application
• Micro loan program: The maximum loan amount varies from $35,000 for a single person to $70,000 for two or more people. Download Loan Application

How do you Incorporate in Alaska?

A fundamental decision that you will be required to make in order to set up a company in Alaska is the type or form of business organization to register. In the state of Alaska, the different forms of businesses you can choose from include General Partnership, Sole Proprietorship, Business Corporation, Limited Liability Company (LLC), and Limited Partnership (LP).

If you are thinking that a company Incorporation in Alaska might be a tough process then the best way to understand the process is through the following:

• Business Type: It is important to choose the type of business you want to incorporate as each type of corporation has its own advantages and disadvantages and the forms and fees are also different. Business Corporations can be classified under Domestic and Foreign Corporations. The other types of businesses that are allowed Incorporation in Alaska include Cooperative Corporations, Non-Profit Corporations, Professional Corporations (only domestic), and Religious Corporations. Know more
• Business Entity Name: If you are planning to set up a company in Alaska then after identifying the type of business to form, you need to identify, search, reserve, and then register the business entity name. Business names can be reserved for a period of 120 days while business name registration will provide exclusive rights to use the chosen name for 5 years.
  In order to reserve or register a business name, you will need to follow certain rules like the name should be “distinguishable” and name restrictions should be avoided. You can register business name online or by sending mail to the Department of Commerce, Community and Economic Development Division of Corporations, Business and Professional Licensing along with the prescribed fee.
• Choose a Registered Agent: According to Alaska Statutes-AK Stat § 10.06.150 (through 27th Leg Sess 2012), in order to initiate company Incorporation in Alaska, you will be required to continuously maintain a Registered Agent. We are one of the respected Registered Agents in Alaska and will be responsible for initiating the processing of your “Articles of Incorporation” for Domestic Corporations and “Certificate of Authority” for Foreign Corporations.
• Articles of Incorporation or Certificate of Authority: “Articles of Incorporation” if your business is a Domestic Corporation and if it is a Foreign business entity then a “Certificate of Authority” will have to be filed. We can always file on your behalf through the standard process, online or through expedited process.
• Date Stamped Copies: As a part of the process of company Incorporation in Alaska, we will ensure, you receive date-stamped and filed copies that verifies the state has filed as well as formed your Corporation.

Costs and Fees associated with Alaska Incorporation

What would it cost to set up a company in Alaska?

Check Fees here!

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Business Information & Rankings

• Alaska ranks 1st for the Most Tax-Friendly State for Residents.(Tax Foundation, 2005)
• Alaska ranks 3rd in Tax Foundation’s State Business Tax Climate Index. (2004)
• Anchorage ranked 15th in “Best Workforce Education Levels – Top 25” category. (Business Facilities, 2005)
• Alaska has the lowest overall per capita tax rate of any State due to the oil royalties generated over the last 20 years. These royalties fund much of the State government operations.

Cost of Living Index

Alaska’s Permanent Fund helps offset the cost of living. In 2004, each man, woman and child living in Alaska for at least one year received a dividend check from the state government for $919.84.

Crime Rate

Alaska is ranked 31st in the nation in terms of crime. (FBI, 2003)

Fees & Taxes

Business Inventory Tax
Alaska has a business inventory tax; however, some municipalities may exempt business inventories.

Business Licenses Fee
Unless specifically exempted by statute, every business must obtain a business license at a biannual fee of $50.

Corporate Income Tax
Alaska uses a graduated percentage of taxable income ranging from 1% for net income below $10,000 to 9.4% for net income over $90,000. Alternative minimum tax rate on capital gains is 4.5%.

Personal Income Tax
None

Personal Property Tax
Taxable

Alaska is the only state where a large part of its land mass is not subject to a property tax. While property tax is the primary method of raising revenues for many of the larger municipalities in the state, smaller municipalities favor a sales tax.

State Sales and Use Tax
Base Rate: None
Machinery Rate: None

There is no statewide sales tax levied. The typical sales tax rates for some municipalities are from 3%-5%.

Unemployment Insurance
Alaska charges new employers the average industry tax rate for 1 year.

Once your company is set up, you will need:

1. Tax ID (EIN) – free over the Internet or phone.
2. Yearly Requirements and Fees for Idaho companies – There is an annual list of officers/managers due each year in the anniversary month of the corporation/LLC. There is no fee.
3. Company Minutes & Stock Certificates – are included in incorporation. You will have access to documents generated on your client account.

Idaho additional services

• Registered Agent
• Annual Report
• EIN (Tax ID)
• More Additional Services

• Why Idaho?
• Idaho Registered Agent
• Idaho Annual Requirements
• Idaho Corporation Statutes: Idaho Statutes – Title 30: Corporations

• Why Idaho?
• Idaho Registered Agent
• Idaho Annual Requirements
• Idaho LLC Statutes: Idaho Statutes – Title 53: Partnerships; Chapter 6

Pricing $89.00 per year, special for pre-pay $40 per year

Don’t get fooled by companies claiming the lowest price and increasing it later. Our pricing is very simple. We charge $89 per year. We also have few specials. Whenever you decide to pre-pay additional years you get them for $40/year.

Why you need a Registered Agent?

Idaho State laws require business entities to maintain a Resident Agent in the state that you form your business. The agent’s name and office address are included in the Articles of Incorporation or Articles of Organization to give public notice of where to send important documents to your business entity.

If you need Registered agent in other State than Idaho click here.
We offer Registered Agent service in all 50 States.

State Fee for changing Idaho Registered Agent

No fees for change of registered agent noted

Registered Agent Requirements

A registered office that may be the same as any of its places of business. A registered agent, who may be: (1) an individual who resides in this state and whose business office is identical with the registered office; or (2) A domestic corporation, or a not-for-profit domestic corporation or a domestic limited liability company whose business office is identical with the registered office; or (3) A foreign corporation, or a not-for-profit foreign corporation or a foreign limited liability company authorized to transact business in this state whose business office is identical with the registered office.