All businesses must conduct an Alaska business name search before forming an LLC.
Our guide is intended to assist you in determining the availability of your LLC name. While it is critical to select a business name in accordance with the state’s guidelines, make certain that no other entity in Alaska is using it.
1. Discover the Guidelines for Naming an LLC
Our team recommends that you ensure that your LLC name satisfies the state’s guidelines before finalizing the business name.
In fact, deciding on a business name is the first and most crucial step in establishing an LLC. Make sure to pick an LLC name that complies with Alaska’s state needs and that it is easily searched by your potential clients.
In brief, the naming guidelines go as follows:
- Your business entity name must mention the abbreviations (LLC or L.L.C.) or “limited liability company”.
- Make sure your name doesn’t include words that can raise confusion between your LLC and a government agency, such as the FBI and the State Department.
- Additional paperwork or a licensed individual– like a lawyer or doctor– may be required if your name includes restricted words, such as University and Bank.
2. Conduct an LLC Name Search in Alaska
You can check the availability of your selected name in Alaska’s Corporations Database before finalizing your name reservation request. You may conduct an Alaska LLC lookup by its name, registered agents, as well as officials.
While it is referred to as a Corporations Database, it also covers LLCs and other business organizations. To carry out an effective Alaska business entity search, enter the desired name, eliminating identifiers such as “LLC,” and leave all other boxes blank. This will return any entities with names that are the same or similar.
To avoid rejection, carry out a comprehensive search before submitting your documentation.
What To Do If Your Preferred Name Is Unavailable
So you checked the Business Entity Records for your preferred LLC name, and there it was – your preferred name was already in use. So, what should you do now?
If you register your LLC in Alaska, your only alternative is to brainstorm and come up with a new legal name. It is important to note that your name should not appear to be particularly close to the one you previously picked. Next, once you’ve found an LLC name that is unique and legal, reserve it as quickly as possible.
The procedure may grow more difficult for international business entities.
While your LLC may be well-known by its name in other states, you may be unable to use it in Alaska due to name availability. As a result, you’ll need to come up with a “fictitious name,” or one that you can only use in the state.
Furthermore, you can use a fictitious name for your Certification of Registration while qualifying your foreign limited liability company.
3. Find Web Domain Names
The third crucial aspect to take into account is whether your chosen business entity name has an available domain name. For instance, it is important to hold a URL that clearly complements your LLC name. This seemingly small detail can majorly impact your potential prospecting clients’ ability to find your LLC online.
In addition, the simplest way to discover whether your desired name is available or not is to search through the domain registry of your choice, such as GoDaddy.
Find a Domain Now
4. Reserve Your LLC Name in Alaska
All LLC naming questions and requests are processed by Alaska’s Division of Corporations, Business, and Professional Licensing. Names can be reserved for a total of 120 days.
You will be required to pay a filing fee while reserving your name. You can file your name reservation online or by mail. However, filing online may be preferable if you need your name immediately. Check out Alaska’s online business services for additional information.
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Additional Considerations
While reserving your business name is seemingly straightforward, there are certain things to keep in mind while choosing your Alaska LLC name that best fits your needs. Extensive research is always helpful; therefore, performing a Social Media and Trademark search is a good idea to ensure that you are able to use your desired business name.
Search Through Trademark
Performing a trademark search can help you create not only a business entity name but also a unique slogan and logo. Additionally, it will allow you to avoid expensive and potential litigation. Thus, finding out that another company has trademarked your LLC name doesn’t mean that you are ineligible to use it.
However, discovering the entity that is using your desired name, what industry they work in, and their current location is crucial to be sure that you don’t accidentally violate the property rights of the business owner.
The steps to complete a trademark search goes as follows:
- In order to discover if your chosen business name, slogan, or logo is used by other entities in Alaska, search the trademark records of the state.
- To find officially registered trademarks that are linked to your desired LLC name, search the electronic records of the U.S. Patent and the Trademark Office.
Search Through Social Media
Similar to the availability of a web domain name for your business, having a unique and available LLC name across all social media platforms is equally important. To do that, you can use various online tools, such as Namecheckr, and you will be able to check all social media platforms at once.
Conclusion
Choosing a name is the first and most significant step in founding an LLC in Alaska. You are fine to proceed as long as the name is lawful and distinct from the remaining Alaska LLC companies in the state.
After completing an Alaska Entity Search and deciding on an LLC name, you may wish to pick a domain name that compliments it to assist your clients to reach your company online.
Simply by completing the Alaska LLC name reservation form, you may set yourself apart from the competitors. Securing your selected business entity name can assist you in the next steps of establishing your firm in Alaska.
Below is the process of establishing an LLC in Alaska:
- Choose your LLC name. It’s important to ensure that the name you have chosen adheres to Alaska’s naming policies prior to submitting your papers. To learn more about the naming rules, here is the complete list.
- Choose a registered agent. All LLC companies in Alaska are required to have an agent that is responsible for managing the service of the process in the state. You can appoint a person or firm that would agree on receiving legal papers on your LLC’s behalf.
- Identify your NAICS code. The North American Industry Classification System code refers to a six-digit number that classifies the retail activities carried out by your Alaska LLC. This data might be used to provide statistics for each industry in the United States. This number may be required for filing annual tax returns.
- File Articles of Organization. This refers to a document that demonstrates that your LLC has been officially established as well as a layout of fundamental information about it. The Articles of Organization should be filed with the State of Alaska Corporations Section in order to register your LLC.
- Receive an approval from the state. Once the state approves the documents, you will receive a certificate that confirms the official formation of your LLC.The approval time for Articles filed by mail is 10-15 business days. Regular mail will be used by the Alaska Secretary of State to return the stamped and approved Articles of Organization and a Certificate of Organization.
- Get a business license in Alaska. A license is necessary for an LLC to conduct business in Alaska. The license can be obtained from the Division of Corporations, Business and Professional Licensing, Occupational Licensing Section. Every year on December 31, the license expires. You can renew it for a yearly cost.
- Form an operating agreement. This is a document that demonstrates how your LLC will operate, which includes resolving disagreements over financial agreements and other possible lawsuits. Without an agreement, the courts determine decisions based on state law, not necessarily what is best for the LLC and its members.
- Obtain an EIN. The Internal Revenue Service provides a nine-digit Employer Identification Number (EIN) to your LLC in order to identify it for tax purposes. You may get your EIN from the IRS by mail or online.
According to Alaska’s naming rules, your LLC’s name must include the words Limited Liability Company, LLC, or L.L.C.
Your LLC’s name must not contain any terms or phrases that imply or indicate that it was formed for a purpose other than that mentioned in its articles of formation.
You must file the Articles of Amendment form with the State of Alaska, Division of Corporations, Business and Professional Licensing, to change the Articles of Organization for an Alaska LLC. A $25 filing fee will also be included.
It is important that the name of your LLC be different from any existing businesses on file with Alaska’s Division of Corporations. You can check the availability of your chosen name in Alaska’s Corporations Database. You may check for an Alaska LLC by its name, registered agents, or officials.
To file the Articles of Organization, the Alaska Division of Corporations charges a fee of $250. As for your LLC name reservation, you will be required to pay $25.
Filing on your own is sometimes the least expensive choice, but completing all of the paperwork and filing them on your own can be challenging and tiring. Hiring a lawyer is another alternative, but it will usually cost you hundreds, if not thousands, of dollars.
Limited liability companies aren’t required to renew their name.
Additionally, to change business information such as your Alaska LLC’s name, you must file an Articles of Amendment. The following modifications, however, cannot be changed by filing an amendment.
- Primary/mailing address: Fill out an Entity Address Adjustment form to update this information, or make the change on your biannual report.
- To update your Alaska registered agent, submit form 08-492, Statement of Change Domestic LLC. There is a filing cost of $25.
- Members or executives: Changes must be made on your biannual report OR by submitting a Notice of Change of Officials form, which will cost $25.
In Alaska, a DBA name is not necessary for a sole proprietorship. However, several sole proprietors run their businesses successfully under their own name.
It’s important to note that you do have the option of registering a DBA name. This helps to distinguish your company from your personal name.
What's Next?
Now that you have your entity name, it's time to take the next steps to establish your Alaska LLC. Check out our full guide on how to form an LLC in Alaska, where we can guide you every step of the way.
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