What are the requirements for incorporating a domestic profit corporation in the State of Alaska?
One or more natural persons at least 18 years of age may act as incorporators of a corporation by signing, verifying (by notary public) and delivering to the Division of Banking, Securities and Corporations, two copies of the Articles of Incorporation together with a check or money order payable to the State of Alaska in the amount of $250.00. The submitted documents must be in dark, legible print and on paper which is no larger than 8 by 11 inches. Computer print must be high resolution, laser print quality, suitable for microfilming. The articles should contain a statement that they are being filed under the provisions of the Alaska Corporations Code (AS 10.06).
Subchapter S Corporations - Tax designation as a subchapter S corporation is granted by the Internal Revenue Service. An application may be obtained by contacting the IRS at 1-800-829-3676, and asking for package 2553.
What is the filing fee for domestic for-profit corporations?
The filing fee for a domestic for-profit corporation is $250.00.
What are the requirements for incorporating a domestic nonprofit corporation in the State of Alaska?
Three or more natural persons at least 19 years of age may act as incorporators of a nonprofit corporation by signing, verifying (by notary public), and delivering an original and an exact copy of Articles of Incorporation together with a check or money order payable to the State of Alaska in the amount of $50.00. The submitted documents must be in dark, legible print and on paper which is no larger than 8 by 11 inches. Computer print must be high resolution, laser print quality, suitable for microfilming. The articles should contain a statement that they are being filed under the provisions of the Alaska Nonprofit Corporation Act (AS 10.20).
A nonprofit corporation may have one or more classes of members or may have no members. If the corporation has one or more classes of members, the designation of the class or classes, the manner of election or appointment and the qualifications and rights of the members of each class shall be set out in the articles or in the bylaws. If the corporation has no members, that fact should be set out in the articles or in the bylaws.
AS 10.20.153 prohibits nonprofit corporations from the following activities:
1. engaging in an act of self-dealing, which would give rise to tax liability;
2. retaining excess business holdings, which would give rise to tax liability;
3. making an investment which would jeopardize the carrying out of any of its exempt purposes; and
4. making taxable expenditures which would give rise to tax liability.
Tax Exemption- Tax exemption is granted by the Internal Revenue Service, not the State of Alaska. If a nonprofit corporation desires to obtain status as a 501(c)(3) tax exempt organization, an application may be obtained by contacting the IRS at 1-800-829-3676, and asking for package 1023.
What is the filing fee for domestic nonprofit corporations?
The filing fee for nonprofit Articles of Incorporation is $50.00.
What are the requirements for forming a limited liability company in Alaska?
The name must contain the words "limited liability company", or the abbreviation LLC. The name may not contain the words "city" or "borough", or otherwise imply that the company is a municipality. The name must be distinguishable from all other names on record with the Division of Banking, Securities, and Corporations.
One or more persons may form a Limited Liability Company by signing and delivering to the Division an original and exact copy of Articles of Organization. The submitted documents must be in dark, legible print on paper which is no larger than 8 1/2 by 11 inches. The articles should contain a statement that they are being filed under the provisions of the Alaska Limited Liability Act. The submitted documents must be in dark, legible print on paper which is no larger than 8 x 11 inches. The articles should contain a statement that they are being filed under the provisions of the Alaska Limited Liability Act.
What is the filing fee for a limited liability company?
Send the original and an exact copy of the Articles of Organization, together with a check or money order in the amount of $250.00 payable to the State of Alaska.
The foregoing summary is provided for information purposes only and is not to be considered legal or business advice. The information may not be complete, accurate or applicable for any particular situation and should not be relied upon.
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