Once you have formed your Alaska LLC, you must stay on top of your state’s filing deadlines in order to stay in good standing and avoid unnecessary fines and penalties.
This article answers the following questions for an Alaska LLC:
What Is a Biennial Report?
In Alaska, a biennial report is a regular filing that your LLC must complete every two years to update your business information, including:
- Company address
- Registered agent address
- Registered agent changes require a separate filing.
- Names and addresses of LLC officials (i.e., members, managers, directors, or officers)
The purpose of this report is to keep your business records up to date with the State of Alaska. This allows creditors and other interested parties to look up your business address in case they need to contact you. The government uses this information to track the payment of your LLC's state taxes.
How Do I File a Biennial Report?
You can file your Alaska LLC biennial report through the Department of Commerce, Community, and Economic Development website. You must input your Alaska Entity Number or search for your business with the provided name search field.
File Your Alaska Biennial Report
File Online, by Mail, or by Fax With the Alaska Department of Commerce, Community, and Economic Development
Department of Commerce, Community, and Economic Development
P.O. Box 110806
Juneau, AK 99811-0806
Due Date: Alaska LLC biennial reports are due by January 2 of every second year after forming your LLC (e.g., businesses formed in even-numbered years will file a biennial report in January of even-numbered years)
Late Filings: Any biennial report received after February 1 will result in a $37.50 late fee. Further failure to file a biennial report could result in the dissolution of your Alaska LLC.
Should I Use a Registered Agent Service?
A registered agent is a person or business nominated by your company to officially receive and send papers on your behalf. By using a registered agent service, you can ensure that your LLC's reports are always filed on time to the appropriate government agency. Here are the three main advantages to using a registered agent service for your LLC:
- Avoid late filing penalties: The Department of Commerce, Community, and Economic Development can dissolve an Alaska LLC if it does not file a biennial report. A registered agent service will notify you when reports are due, and they can also submit the filing for you for an additional fee.
- Gain flexibility: A registered agent service can receive and send documents for your LLC during regular business hours so that you don’t have to be on the job from 9 a.m. to 5 p.m. every week. You can also use a registered agent service to form an LLC in other states where you don't already have an established business presence.
- Maintain privacy: Using a registered agent service allows you to keep your personal address off of public records, ensuring your privacy. Additionally, if someone sues your LLC, the lawsuit will be served to the registered agent’s address rather than your place of business.
Learn more about getting an Alaska registered agent by reading our guide.