If you have an LLC in Alaska and want to expand your business beyond Alaska, you must form a foreign LLC. Any business, especially a limited liability company, located in other states, starts its operation in Alaska, must file a foreign LLC in Alaska. To do so, every LLC needs to file additional filing documents, along with tax and relevant documents with the Alaska government.
In this article, you’ll be reading about how to start a foreign LLC in Alaska. Along with that, the page guides you through the steps involved in managing and maintaining a foreign LLC in Alaska after you form it.
Forming a Foreign LLC in Alaska
A foreign LLC does not need to be a company from another country but a business formed under the laws of another state. If you register your LLC in one state and operate your business in Alaska, you probably need to register your LLC as a foreign entity here. Imagine, if your family owns a sushi restaurant in Alabama and you want to expand the chain somewhere in Texas, you must establish your restaurant in Texas as a foreign entity.
Anyone who has an active and in good standing LLC anywhere (except for Alaska) and wants to expand their operations in Alaska can file their LLC as a foreign entity. To start a foreign LLC in Alaska, you need to register it with the Alaska Secretary of State. Every state has a different rule for establishing a foreign LLC. Here are the steps to follow in Alaska for registering a foreign LLC.
Note: These are generic steps to file a foreign LLC in Alaska. Make sure to check with the State Secretary of State, before you start filing your business. – LLCBuddy Team
Step 1: Get the Certificate of Compliance From Home State
Before you proceed to register your LLC in Alaska as a foreign entity, you must get the Certificate of Compliance issued from your home state SOS. This is an important document to register an LLC in a foreign state.
If your LLC is originally registered in Alaska, then you must obtain the Certificate of Compliance from Alaska Secretary of State. If your LLC is in other states, the name of the same document might be different. Every LLC, registered in any state other than Alaska must get this document to register a foreign LLC in Alaska.
Filing Certificate of Compliance: In Alaska, LLCs must request the Certificate of Compliance via Online Request for Certificate of Compliance. You must enter the Entity Registration Number and Entity Name. After reviewing the details, Alaska SOS will issue the Certificate.
Step 2: Choose Alaska Foreign LLC Name
Obtain a name reservation certificate and submit it with your foreign qualification requirements to the Alaska Secretary of State. Your LLC’s legal name outside of Alaska will be listed on the application, along with the name it will use in Alaska. Take note of the requirements for naming your LLC.
You can use the same name as your domestic LLC name, however, that name should be available in Alaska to use. Check name availability at Alaska’s business entity names and reserve your LLC name. There are a bunch of LLC naming guidelines in Alaska when it comes to forming a foreign LLC. Check the guidelines before you name your business.
Step 3: Select Alaska Foreign LLC Registered Agent
A registered agent is a person responsible for receiving all official and legal documents on behalf of your company, whether it is located domestically or in a foreign state. For a foreign LLC in Alaska, you must have a registered agent from Alaska only. No matter where your domestic LLC is located, you must hire a registered agent from Alaska for your foreign LLC.
You’ll need a registered agent to form a foreign LLC in Alaska and take note that the Alaska Registered Agent must have a local address. Here are the best LLC services on our list that will provide you with registered agents to ease your worries:
Step 4: File Application for Registration for Alaska Foreign LLC
The most important step is to send the application for registration with Alaska SOS. Download the PDF form from the Alaska Secretary of State website or file it online (whichever method is available). The form must be filled out with the following details:
- LLC’s full legal name.
- A fictitious name or a DBA (only if your LLC’s legal name is not available); Attach a statement of adoption of the fictitious name signed by all LLC members.
- DBA filing method in Alaska: two methods, online and by mail
- Online: For online filing, you need to visit the Alaska Department of Commerce, Community, and Economic Development website, submit the online form along with the filing fees.
- Offline: For offline filing, download the form and send it to Corporations Section, State Office Building, 333 Willoughby Avenue, 9th Floor, Juneau, AK 99811 OR alternatively, you can mail the completed form to Corporations Section, P.O. Box 110806, Juneau, AK 99811-0806.
- DBA filing fee in Alaska: $25
- LLC’s principal office and mailing addresses
- LLC formation state and date.
- Registered agent’s name and address in Alaska.
- Date when your LLC will start operations in Alaska.
- Credit card information is on the last page of the form for the application fee.
Online Filing
For online filing, you must visit the Online Foreign LLC Registration Form and fill it up with the correct information. Make sure to attach relevant documents wherever required. Submit the form online along with the filing fee (non-refundable). You can visit the Instruction for Online Filing to know in detail.
Offline Filling
For offline filing, the LLC needs to download and fill up Form 08-497. The Application for Certificate of Registration form must be submitted to the Alaska Secretary of State’s office address (State of Alaska Corporations Section, P.O. Box 110806, Juneau, AK 99811-0806). The form must be typed and sent via mail, along with the filing fee.
Foreign LLC Registration Fee in Alaska: In Alaska, the filing fee of a foreign LLC is $350. If you’re filing it offline (by mail) then pay the fee to the physical address of Alaska SOS. For online filing, the fee must be paid using credit/debit card. It is non refundable and should not be sent via email.
The LLC cost in Alaska, even for foreign LLCs will differ between online filing and by mail. Also, read about what’s the major difference between Alaska’s domestic and foreign LLCs.
Step 5: Determine How Your Alaska Foreign LLC is taxed
Foreign LLCs are also subjected to the Alaska Business Privilege Tax and must file LLC annual reports each year. If you have a single-member foreign LLC then it will be considered as a ‘disregarded LLC’ by IRS. That means the LLC will not be regarded as a company but it will be taxed as an individual (the owner). If you already have an LLC in the home state, you must have obtained the EIN as well. You don’t need to obtain the EIN in Alaska for a foreign LLC separately as it is issued from the IRS.
For other types of LLCs (member-managed or manager-managed LLCs), it will be a ‘pass-through taxation‘ where the LLCs don’t get taxed separately, instead, the members and managers are taxed based on their personal income. So, foreign LLCs are taxed as same as domestic LLCs in Alaska. However, it is recommended to check with the Alaska Secretary of State for state-wise taxes.
Note that forming a foreign LLC would be good for your business as you can legally operate in a different state thus reaching a larger market and opening more opportunities for higher profit.
Filing Alaska Foreign LLC Online – Quick Recap
- Get the Certificate of Compliance from your home state where your LLC is originally registered
- Check if the name of your LLC is available in Alaska to use for your foreign LLC. If not, file DBA name with Alaska SOS.
- Get a registered agent in Alaska to represent your foreign LLC in Alaska. Recommended, professional help instead of being your own registered agent.
- File the Application of Foreign LLC with the Alaska Secretary of State following the mentioned method(s) above.
- Make the processing fee.
BOI Reporting
According to the Corporate Transparency Act, every LLC (or business) has to send a BOI reporting to the Financial Crimes Enforcement Network (FinCEN). Once you establish an LLC and if it is enlisted under the list of reporting companies, you must file your BOI report in Alaska with the FinCEN.
After Forming Alaska Foreign LLC
Here are added things you need to accomplish after forming your Alaska Foreign LLC
- Obtain Business Licenses. Find the business licenses you’ll need using the Business License Search. You can contact the license office at Alaska Department of Commerce, Community, and Economic Development.
- File LLC annual reports and Business Privilege Tax. You must file an Annual Report before the stipulated time frame after forming your LLC in Alaska. Here’s everything about Alaska LLC Annual Reports.
- Pay State Taxes like sales tax; you’ll need an EIN for your LLC.
FAQs
Also Read
- Alabama Foreign LLC
- Alaska Foreign LLC
- Arizona Foreign LLC
- Arkansas Foreign LLC
- California Foreign LLC
- Colorado Foreign LLC
- Connecticut Foreign LLC
- Delaware Foreign LLC
- DC Foreign LLC
- Florida Foreign LLC
- Georgia Foreign LLC
- Hawaii Foreign LLC
- Idaho Foreign LLC
- Illinois Foreign LLC
- Indiana Foreign LLC
- Iowa Foreign LLC
- Kansas Foreign LLC
- Kentucky Foreign LLC
- Louisiana Foreign LLC
- Maine Foreign LLC
- Maryland Foreign LLC
- Massachusetts Foreign LLC
- Michigan Foreign LLC
- Minnesota Foreign LLC
- Mississippi Foreign LLC
- Missouri Foreign LLC
- Montana Foreign LLC
- Nebraska Foreign LLC
- Nevada Foreign LLC
- New Hampshire Foreign LLC
- New Jersey Foreign LLC
- New Mexico Foreign LLC
- New York Foreign LLC
- North Carolina Foreign LLC
- North Dakota Foreign LLC
- Ohio Foreign LLC
- Oklahoma Foreign LLC
- Oregon Foreign LLC
- Pennsylvania Foreign LLC
- Rhode Island Foreign LLC
- South Carolina Foreign LLC
- South Dakota Foreign LLC
- Tennessee Foreign LLC
- Texas Foreign LLC
- Utah Foreign LLC
- Vermont Foreign LLC
- Virginia Foreign LLC
- Washington Foreign LLC
- West Virginia Foreign LLC
- Wisconsin Foreign LLC
- Wyoming Foreign LLC
In Conclusion
Having a foreign LLC in Alaska is nothing but expanding your business legally beyond the boundary of your domestic or home state. Starting a foreign LLC in Alaska does not require a lot of documentation or tasks. However, it is always good to seek help from a professional when it comes to running your business. From getting the Certificate of Compliance to hiring a registered agent in Alaska, a professional or attorney can always be a perfect help. ZenBusiness is one of the most accurate and user-friendly services that offer a bunch of LLC formation services. They offer LLC formation for $0 (excluding the state formation fee).
The cost of registering a foreign LLC in Alaska can vary depending on a range of factors. While the initial registration fees and ongoing expenses can be a significant investment, many companies find that the benefits of establishing a presence in the state outweigh the costs. By carefully considering the expenses involved and budgeting accordingly, companies can ensure that their foreign LLC in Alaska is a success.