Alaska LLC Biennial Report
LLC formed in Alaska needs to file a report with the state biennially i.e, once every 2 years. Read about how to file this report.
What is an LLC?
Limited Liability Company
LLC is a business entity in the U.S that provides limited liability to its members. It has characteristics from both corporation and sole proprietorship. LLCs are permitted under State statutes of each US state.
Personal assets are protected for people with limited liability when they are sued.
A business entity that can issue shares and give limited liability to shareholders.
Owners of an LLC are referred to as members. They own membership interest in the LLC.
Where an individual engages in business activity without formal organization.
Why file the report?
Alaska LLC Biennial Report
Biennial report is used to keep an LLC’s contact information up to the date with the State.
Filed once in 2 years
Every registered entity must file this report once every 2 years.
Report is mainly used for providing the details of ownership and/or officers of the entity.
File online or via mail
Biennial reports can be filed either online or by mail.
You can change your LLC members by updating it on the biennial report when it is due.
Here are some of the actions business owners can take in Alaska:
How to file Biennial report in Alaska?
Follow these steps:
1. File the initial report
All domestic LLCs have to file an initial report within 6 months of formation. This is to let the state know about the owners and managers.
Foreign LLCs do not have to file this initial report.
2. Visit official website
Every LLC has to file a biennial report once every 2 years. So, if the LLC is formed in an even-numbered year, the Biennial Report's due date will be January 2nd of every even-numbered year. If the LLC is formed in an odd-numbered year, it is due every even-numbered year.
Head over to Alaska’s official website to file this report.
The Biennial Report must be postmarked, complete and compliant, before February 2nd to avoid late fees.
LLC Biennial Report
Every LLC has to file this report in Alaska to stay compliant with the state laws.
Filing Biennial Report
Alaska LLC is expected to file this report biennially by January 2
File it online on Alaska Department of CCED website
Online processing time
Failure to pay
If you file late as a domestic LLC, there is a penalty of $37.50
Every domestic Alaska LLC has to file an initial report within 6 months of formation. It is free and can be done online.
Certificate of Formation
In Alaska, Articles of Organization is the form you file with the Secretary of State to form an LLC. It contains the articles of formation for the LLC.
Filing Articles of Organization
There are a couple of ways to file.
File it online on Alaska Department of Commerce, Community, and Economic Development website
Mail a form to the state department
State of Alaska Corporations Section
P.O. Box 110806
Juneau, AK 99811
Online & mailing fee
Online & mailing processing time
10 - 15 days
Every LLC should have a unique name in Alaska. Alaska maintains a list of names of entities in the state. Go through it to check if your chosen name is available.
Search for names
Go to the official website of the Alaska corporations database tool to see if the name you want is available.
You can reserve a name for your LLC for a specific duration by paying reservation fees to the Alaska division of corporations, business & professional licensing. You will have to file your LLC formation documents within this period to keep the name. Alternatively, you can directly go ahead with the LLC formation without any reservation. That's fine too.
LLC naming guidelines
The name you choose for your LLC must the official naming guidelines.
Here are some of the guidelines in simple language:
Must contain the words "limited liability company" or the abbreviation "L.L.C.," or "LLC". The word "limited" may be abbreviated as "Ltd.," and the word "company" may be abbreviated as "Co."
Don’t include terms that indicate that you are doing an activity that you are not authorised to do.
Your name should be ‘distinguishable’ in the Secretary of State records. Adding a punctuation or ‘the’ does not make it distinguishable.
Don’t use words that makes it seems like you are a governmental entity or has an affiliation.
Frequently asked questions
LLC annual report in Alaska
It is very important to maintain full compliance in Alaska. Filing these reports helps you protect your personal assets by maintaining limited liability and also to be in good standing with the state. Read our guides to learn how to start and manage a business in Alaska.
Alaska Business search