Are you looking for a state in which to incorporate? Have you been considering incorporating in Alaska? It may not be in the lower 48 states, but there are plenty of reasons that businesses not only incorporate in Alaska but also run their business there. Here at Corporation Center, we offer Alaska corporation forms alongside those for many other states. Alaska has a wealth of benefits for entrepreneurs.
Protection of Your Assets
Many of our clients use our forms to create LLCs in Alaska. There are many reasons for that, not the least of which is that Alaska is one of the rare states that offer the same protections that multiple-member LLCs enjoy to single-member LLCs. In a strong majority of states, to satisfy any legal demands, creditors can access the assets of single-member LLCs. Not so in Alaska. They’re prohibited from doing so. Even in the event that a creditor does obtain a charging order against a single-member LLC in Alaska, they can’t access business assets or income. There are only four other states in the country that offer this protection. Here at Corp Center, we offer incorporation forms all across America.
Dividends and Taxes
Of the many reasons that entrepreneurs turn to Alaska, the tax environment is often near the top. For example, if you earn profits in the state, there is no state corporate income tax on those profits. That’s not all, either. With neither a state-level sales tax nor a personal income tax, Alaska can be an attractive tax environment indeed. It’s a way that Alaska rewards businesses for being successful in the state. Of course, remember that all businesses are still subject to federal taxes in Alaska.
A State for Business
In the event that you decide to not just incorporate in Alaska but to move your business there, Alaska has plenty to offer, some of which may seem initially counterintuitive. For example, Alaska may seem inaccessible, so as to make trade with the rest of the country more challenging. However, what that does mean is that Alaska is uniquely positioned for better international trade by virtue of being closer to China. Moreover, resources abound in Alaska, in terms of oil, commercial fishing, mining, gas, and more. Alaska is no longer just the frontier – it’s a place of opportunity.
More Than Just Alaska Corporation Funds
There are many reasons that entrepreneurs have chosen in recent years to either incorporate in Alaska or, if they so choose, run their business from there. However, we don’t mean to give you the impression that’s all we can help with. Indeed, here at Corporation Center, we are the Corporation Center for all of the United States and not just the Northwest. As such, you can find the forms you’ll need to form an LLC, partnership, corporation, and more throughout the country. To see all of the different forms as well as other ways we can help, we encourage you to visit the rest of our site.
