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Selecting the Alaska Corporation or LLC Name

When selecting a name for your Alaska corporation, it should be remembered that the name is unique and will identify you as a separate entity transacting business in the state. The name of a corporation must end with “Incorporated,” “Corporation,” “Corp” or “Inc.”. When developing a name for a limited liability company it must end with “Limited Liability Company” or “LLC”.

Since the name for your Alaska business will be identifying your corporation or LLC as a unique entity, the name will not be accepted if it is likely to mislead the public or if it too closely resembles the name of another corporation or LLC formed in Alaska.

Guidelines require that you are not use any type of punctuation such as dashes, periods or commas in name selection. It is recommended that you try to name your corporation or LLC so that it identifies with the goods or services you provide, but this is not required.

Selecting a Board of Directors

A corporation can have several members as directors but is only required to have one. Since the board is responsible for managing the corporation, it is suggested that the board be comprised of individuals that are officers or shareholders who have some type of daily involvement with the corporation. Alabama requires that any director be the minimum of 19 years of age.

Alaska Taxes

Corporations are expected to file the Corporation Net Income Tax return, Form 04-611, annually whether a “C” or “S” corporation. The amount of tax is dependent on a number of factors and there is no minimum amount due.

An LLC within Alaska is required to file as either a corporation or a partnership dependent on the election made on the SS-4. Alaska does not maintain an individual income tax so employers are not expected to withhold state income tax. Alaska does not maintain a sales and use tax either.

Registered Agent

The registered agent must have a physical street address within Alaska state. PO boxes are not acceptable, within Alaska.

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