Alaska Corporation: Incorporate in Alaska
How to Incorporate in Alaska:
For Alaska business incorporation, you need to provide a description of the corporation, the corporation's structure, the benefits of the corporation and the management structure. All the applications will be reviewed and approved by the state in 10-15 days at the Secretary of State's office.
If your corporation is running under an alternate name, you need to register its "Doing Business As" (DBA) name with the city and state and. Owners need to file DBAs through Alaska Division of Corporations. Once your DBA expires, you need to renew it. In Alaska, a DBA expires after ten years.
Reasons to form an Alaska Corporation
- You get a protection from personal liability for debts related to business.
- There is perpetual existence in Alaska. Even if owner dies or no longer interested in business, corporation continues.
- There is no restriction on the number of C-corporation shareholders.
- Pass-through taxation gives you the opportunity to report profit and loss figures on your individual tax returns.
- You do not need to be US citizen.
- You do not need to hold any annual meetings, which gives you full freedom to work in your own way and at your own pace.