What is an Alaska LLC Biennial Report
One of the requirements of maintaining an LLC in Alaska is filing a Biennial Report every other year. The Biennial Report is used to confirm and update the company’s information with Alaska’s Division of Corporation, Business & Licensing, such as the name and address of the registered agent, principal office address, and information of the members or managers of the LLC.
Related: How to form an LLC in Alaska
Who Needs to File a Biennial Report?
Domestic and foreign corporations and LLCs are required to file a biennial report every other year after the year the company was formed.
What is Needed to File an Alaska LLC Biennial Report
You have the option of filing your Alaska LLC Biennial Report online or by mail. To file online, visit the Alaska Division of Corporation, Business & Licensing’s website, otherwise, you can fill out LLC Form 50.1. and mail in with payment.
Before starting on the report, be sure to have your LLC’s Entity Number available. The Entity Number can be found by visiting the Alaska Division of Corporations, Business & Licensing.
Alaska Biennial Report Fee
The filing fee for an Alaska LLC Biennial Report is $100.
Biennial Report Due Date
The Biennial Report is due January 2nd every other year from the date of filing of the LLC Initial Report.
If you initially filed in an even-numbered year, the Biennial Report will be due in January of every even numbered year. If you initially filed in an odd numbered year, the Biennial Report will be due in January of every odd numbered year.
While the state will send a reminder, you should also put a reminder on your calendar just in case you don’t see it.
Penalty for a late Alaska LLC Biennial report
If the Biennial Report is not filed by February 1st, a late fee penalty of $37.50 will be assessed.
Should this fee not be paid, Alaska’s Division of Corporation, Business & Licensing will administratively dissolve the LLC.
Annual Report Filing ServiceIf you would rather use a service that guarantees the annual report is filed on-time, check out the annual report filing service through Northwest.
My LLC made little or no money. Do I still have to file a Biennial report in Alaska?
Even if your LLC received no income or had no business activity, the annual report is still required to be filed.
What happens if you don’t file the Biennial report on time?
If the Biennial Report is not filed in time, the LLC will no longer be considered to be in good standing with the state of Alaska. By not being in good standing, the members may be held personally liable should the LLC be sued.
Is any financial information required to be reported?
No financial information is provided to the Alaska Division of Corporation, Business & Licensing when filing the Biennial Report.
Alaska’s Division of Corporation, Business & Licensing Contact Information
The mailing address for the Alaska LLC Biennial Report is:
Alaska Department of Commerce, Community, and Economic Development
PO Box 110806
Juneau, AK 99811
If you have questions, they can be contacted at 907-465-2550.