Think of all the people you communicate with regularly to run your LLC. Business partners, employees, banks, lawyers, and financial advisors all probably come to mind. But what about the state? It may not be at the top of your list, but running a successful LLC in Alaska requires consistent interaction with the state.
Formation documents, business information changes, lawsuits, professional licenses, and Biennial Reports – all of these (and more) require you to work with state agencies. The good news is that you don’t need to do it yourself.
Introducing the registered agent. An Alaska registered agent is an intermediary for your LLC, a person or company that handles your communication with the state. They’re a vital part of any LLC’s success. Before you file your Articles of Organization, you’ll need to have a designated registered agent. How? Why? Who? Read on to find out.
You’ve got enough on your plate. Hiring a registered agent service lets you hand off those responsibilities so you can focus your energy where your passion lies. Let us at ZenBusiness handle the paperwork for just $99 the first year (LegalZoom charges $299).
What is an Alaska Registered Agent & is it Necessary?
An LLC cannot be formed or do business in Alaska without first having a registered agent on file with the Department of Commerce, Community, and Economic Development. This is required by law and the penalties can be serious. Maintaining a registered agent doesn’t just keep you in good standing. It also provides an important service.
Think of your registered agent as your ambassador to the state, handling all your LLC’s important legal, tax, and compliance information. This can either be an individual, company or registered agent service, as long as
As soon as they’re appointed, your registered agent must be consistently available in Alaska to receive and act on mailed documents and service of process. Here’s what the Department of Commerce, Community, and Economic Development specifically says:
Be sure to maintain a valid registered agent at all times. If you don’t, your LLC will be labeled “non-compliant” which can eventually lead to its dissolution.
What are the Requirements of a Registered Agent?
The scope of viable Alaska registered agents is actually pretty broad. The state only has a couple of requirements for who you can appoint. To comply, your agent must:
- Be an individual Alaska resident or a corporation authorized to do business in the state.
- Have a physical address in Alaska.
- Have a mailing address in Alaska (not a P.O. box).
- Not be the LLC itself. An Alaska LLC cannot serve as its own agent, but any of its members or managers are valid options.
No matter who it is, you need to include your agent’s name and address(es) on your Articles of Organization, or the document will not be accepted. Here’s what you’ll see on the form itself:
When you’ve got potential options for your registered agent, review each one to make sure that they meet these requirements. If they do, you’re good to go! If not, you’ll need to keep looking.
Who can be a Registered Agent in Alaska?
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Alaska’s registered agent requirements are pretty broad, so you’ll have no shortage of options. On top of that, your agent can be either an individual or a professional service. But think carefully before choosing, because each option has its own pros and cons. Let’s take a closer look.
You may choose to appoint a single person as your registered agent. Some LLC owners take on registered agent duties themselves. Others appoint one of their partners or managers. Some will even appoint a family member. As long as the proposed agent fulfills the state’s requirements, they’re a valid option.
In addition to being an Alaska resident, your agent must not currently be establishing residency or receiving benefits in another state, even if that residency is still forthcoming.
Some smart registered agent choices include attorneys, accountants, or other LLC partners, people who understand the ins and outs of business operations.
- Convenience – Having familiarity and mutual trust with your registered agent is extremely beneficial, and appointing an acquaintance can provide both. Plus, you’ll always know how to contact them.
- Cost – Hiring someone you know often won’t cost a dime. It’s certainly cheaper than a professional service.
- Scheduling – Part of a registered agent’s duty is being consistently available to receive mailed documents and service of process. If your agent goes on vacation or moves out of state, it will throw a wrench in your plans.
- Punctuality Risks – Some state communications and filings are very time-sensitive. If your agent is unavailable when documents are delivered, it could slow down the entire process and put you at risk for late fees and penalties. Even worse, a friend or family member could lose or misplace a document. So if you’d rather not interrogate Aunt Louise about the location of a particular tax form, you might consider using a registered agent service instead.
Registered Agent Service
If safety and reliability is your goal, hire a registered agent service. A business acting as your registered agent must be either a domestic entity in Alaska or a foreign entity who has foreign qualified in Alaska.
- Privacy – Some documents delivered to your registered agent will contain sensitive information. Do you want details about your lawsuit or taxes lost out there in the world? Definitely not. A friend or family member might misplace these documents, but a professional service will not. Plus, in Alaska, all registered agent names and addresses are available to the public. This might make an individual uncomfortable, but hiring a company will keep this personal information off the record.
- Reliability – Handling and processing time-sensitive documents is a registered agent service’s specialty, its area of expertise, its main game. Hire a professional service and you can be sure that your filings will be submitted properly and punctually, so you’ll never have to deal with late fees or other penalties.
- Location – Many registered agent companies offer service in most or all 50 states, so if business is booming and you decide to expand outside Alaska, you won’t need to find a new agent for each state.
- Cost – There’s no getting around it – hiring a service costs more than appointing an individual who’s willing to do it for free. However, for a reasonable price (roughly $100/year), you’ll receive premium services. Taking your car to a mechanic costs more than letting your neighbor try to fix it, but the mechanic gives you peace of mind that the job will get done right, and that may very well be worth the cost.
All of the other steps in the LLC formation process will keep you busy, but take some time to ensure you find a registered agent that fits with your business model, goals, and values. Do this, and your LLC will reap the benefits for years to come.
Registered Agent Changes and Resignation
You may have a wonderful registered agent, someone who takes care of everything efficiently and who you trust completely. But you know what they say: all good things must come to an end. At some point in the life of your LLC, you may need to change your Alaska registered agent.
Department of Commerce, Community, and Economic Development
Division of Corporations, Business and Professional Licensing
PO Box 110806
Juneau, AK 99811
There are a number of reasons you might need to file for a change, but the most common is a registered agent’s resignation.
Technically, your registered agent isn’t required to inform you before resigning, but don’t worry, the resignation won’t officially go into effect until 30 days after it’s filed, so you’ll have plenty of time to line up a replacement.
Still, you don’t want to drag your feet, because going more than 30 days without an agent can lead to your LLC’s administrative dissolution.
Have Questions or Concerns?
This guide contains almost everything there is to know about Alaska registered agents. However, you might have a unique situation that requires additional information. Reaching out to the Department of Commerce, Community, and Economic Development is easy, and they’ll have the answers you need. Here’s how to go about it:
Visit Their Website
The Division of Corporations, Business & Professional Licensing website has a lot of great information on the entire LLC formation process, including registered agents. You might find this registered agent FAQ page particularly helpful.
Give Them a Call
If you’d prefer to call, reach out to their Anchorage office at (907) 269-8160 or Juneau office at (907) 465-2550.
Hire a Registered Agent Service in All 50 States
We break down the Registered Agent Service hiring process in detail in all 50 states. View all of our Registered Agent Service guides below.