Alaska LLC Biennial Report: Requirements and How to File

Alaska LLC annual report alaska map

If you’re just getting started with your LLC in Alaska or has been in business for a couple of years, and you’re coming up on your first biennial report, you’re probably wondering what it’s all about.

The skinny: A biennial report is a mandatory document in Alaska—as is true of most, though not all, states. It requires that you pay a fee when filing and that you must file with the state of Alaska by a specific date if you wish to avoid penalties and fees.

Before the hyperventilation starts, just know that the biennial report is actually pretty easy. In fact, you’ve done almost the same thing already! In today’s post, we’re going to take a look at what’s required, what it costs, and how to file an Alaska LLC annual report.

Alaska LLC annual report requirements

What did we mean when we said you’ve already filed a biennial report?

Well, in Alaska, you must file an initial report when you launch your business. That means you’ve already undergone the process of filling and filing such a document with the state, and the biennial report is just a modified version of that, serving to notify the state about the state of your business since the last report.

Your biennial report will include important information about ownership and principal members, as well as contact information and reference numbers. The filing fee is $100 for a domestic LLC (one operating in the state) or $200 for a foreign LLC (one operating outside it).

Note that though many states require businesses to file an biennial report, the “biennial” indicates that in the Last Frontier, you only have to file your “biennial report” every two years on January 2.

Once you’ve finished filling out the form, you will submit it online or in hard copy form to the Alaska Department of Commerce, Community, and Economic Development’s Division of Corporations, Business & Professional Licensing.

Don’t worry: While the title is a mouthful, the process is not.

How to file an LLC biennial report in Alaska

Let’s take a closer look now at how to file an Alaska LLC biennial report. We will discuss filling the form, how to file, the filing fee, and the due date.

Fill in the form with the required information

The Alaska LLC biennial report requires a few basic details. It is not nearly as complicated as a tax return, geared mostly toward updating the state about who your business involves and where to find them.

As such, your report will include:

  • LLC business name: Your business name should be the same as your last report unless you’ve filed Articles of Amendment with the state to change it.
  • Primary business address: This is usually the registered agent’s address, though in some cases, the registered agent may also be you or another member of your business operating at a physical address.
  • Registered agent contact information: Whatever other information is needed to contact the registered agent should be listed here.
  • Owners and officials: These are the names of the important people in your LLC, which should be updated to reflect your business’s current status.
  • LLC EIN number: EIN stands for Employer Identification Number, which is the same one you use on your federal tax return.
  • Alaska Entity Number: The Alaska Entity Number is the state equivalent of your EIN on the federal level.
  • Signature: Whether electronic or handwritten, your signature verifies that you affirm everything on the form to be true. 

Choose a filing option: Online, by mail, or via a compliance service

You have several choices when it comes to how to file.

The first main approach is to fill out the form yourself and then file it either online or through the mail. The second is to have a compliance service do it for you, dotting your Is and crossing your Ts while you work.

File online

The first option is to file your biennial report online. Here’s the step-by-step process:

  1. Head to the Alaska Department of Commerce’s Corporations Biennial Report page.
  2. Read the information the page contains about how to use the online system, how to pay, and what to do if you make a mistake.
  3. Click the button at the top that says “Proceed to Online Filing.”
  4. Enter your Alaska Entity number or, if you don’t have it, search by your business name.
  5. Click the button that says “File Online.”
  6. Fill out the form and submit it, following the e-payment instructions as appropriate.

File by mail

To file by mail, you start the process in much the same way, but instead of inputting information into online fields, you print it out. The step-by-step instructions look like this:

  1. Head to the Alaska Department of Commerce’s Corporations Biennial Report page.
  2. Read the information the page contains about how to use the online system, how to pay, and what to do if you make a mistake.
  3. Click the button at the top that says “Proceed to Online Filing.”
  4. Enter your Alaska Entity number or, if you don’t have it, search by your business name.
  5. Click the button that says “Print Form.”
  6. Print out the form and fill it out by hand, or use fillable PDF fields and then print it.
  7. Write out a check for the appropriate amount (see below), made out to the Alaska Department of Commerce Division of Corporations, Business, and Professional Licensing, and include it along with the completed Alaska LLC biennial report.

Lastly, make the envelope out to:

Alaska Department of Commerce, Community, and Economic Development
Division of Corporations, Business, and Professional Licensing
550 W 7th AVE, STE 1500
Anchorage, AK 99501-3567

If you are using the Juneau office, update the address to:

P.O. Box 110806
Juneau, AK 99811-0806

Note that submitting your biennial report by mail will result in significantly slower processing times. Per the Department of Commerce, forms submitted in hard copy will take between 10 and 15 days to process, whereas online forms get processed immediately.

File through a compliance service

If you don’t want to worry about filling and filing forms yourself, there’s a compliance service for that!

Here at Tailor Brands, we are delighted to help you out by tracking your biennial report due dates for you, ensuring accuracy in your forms, and filing them in a timely manner. That way, you can focus on what you do best and let us take care of the rest.

Pay the fee

The biennial report fee is the same whether you file online or by mail: $100 for a domestic LLC or $200 for a foreign LLC, assuming you haven’t accrued any late fees.

If you choose to use a compliance service, you will pay an additional fee for their help. However, if you use them for other services, such as taxes, you may be able to get a better deal. Either way, if you’re not paperwork-oriented, the fee is probably worth it.

Make sure you file on time: Understand the due dates for filing and timing

The biennial report is due on January 2 every other year. The best way to figure out when your report is due is to keep this in mind: If you incorporated in an even year, always file your report in an even year. If you incorporated in an odd year, always file in an odd year.

This is true no matter when in the year you incorporated and filed your initial report. Thus, it may not be a full two years between your initial report and your first biennial report.

For instance, if you started your business on December 31, 2024, you still need to file the biennial report by January 2, 2026.

What Happens if failed to file on time (or at all)?

Yes, you must file and the state will not look kindly on your forgetting. You may risk late fees, penalties, and — in severe cases — even dissolution.

Late fees and fines

If you don’t file your Alaska LLC biennial report by Feb 2, you will incur a late fee of $37.50 for domestic LLCs or $47.50 for foreign LLCs.

Involuntary dissolution

If you do not file your report and pay your filing fee, the state of Alaska may eventually dissolve your business. That means you’re legally unable to engage in sales of goods and services until you remedy the situation.

Permanent dissolution

If you don’t do anything about it within 2 years, the state will dissolve your business permanently. If you wish to do business again, you will need to form a new LLC with a new name.

Final Thoughts

At the end of the day, filing your Alaska LLC annual report — or rather, your biennial report — is not that difficult. Just make sure you follow the guidance above and get it done on time, and you’ll be fine.

FAQs

Alaska requires you file a report every two years that includes information about the people who run your business, along with basic contact information.

No, the report is not optional. You must file it or risk fees and penalties.

The main components of the report are your LLC’s business name, EIN number, Alaska Entity Number, owners and officials, the registered agent, and the registered agent’s contact info.

You can file online, by mail, or through a service. The base fee is $100 for domestic LLCs and $200 for foreign ones.