Vehicle Purchases
Vehicle purchases must be made directly into the name of your Alaska LLC. The title must be signed over to your Alaska LLC. If your vehicle is purchased in your personal name, you’ll be required to register that vehicle in your home state first before you transfer it to your Alaska LLC.
Please note: If there is no weight listed on your vehicle's title or MCO, you will have to take it to a certified weigh station before it can be registered. This also applies to all future vehicles you register to your Alaska LLC.
Vehicle Insurance
Before purchasing your package, please make sure you’ve arranged insurance. You can either have a new policy written in the name of your LLC, or you can add your LLC as an additionally-insured member to your current policy.
If your current insurance provider is unable to help, reach out, and we will send you a list of insurance agents.
Vehicle Financing
Lender cooperation is required to complete the registration process of a financed vehicle. If you are in the process of purchasing your vehicle, make sure it’s in the name of your Alaska LLC on the MCO or title, and your lender understands the vehicle will be registered to your LLC in the state of Alaska.
If you are registering a vehicle you already own (and carrying the lien over), the Lien Holder must agree that your LLC’s name will be on the title instead of your name.
Before purchasing your package, please contact your lien holder to make sure they can release the lien from your personal name and add it to the LLC.
If your bank is unable to accommodate this request, we recommend you look into refinancing.
Tax Filings
In general, if your LLC does not generate taxable income, you are unlikely to be subject to federal income tax. Similarly, unless your LLC earns income from Alaska sources, you are generally not required to pay Alaska income tax. For personalized guidance regarding your tax obligations, we recommend contacting your accountant, the Internal Revenue Service, or the Alaska Department of Revenue. Please note that we are not certified accountants and, therefore, cannot provide tax advice.
Annual Fees
The annual fee for your LLC is: $390 *unless additional privacy or mail services is added, and is billed in January. Annual fees are to keep your LLC active and retain LLCTLC as your Registered Agent.
This fee will be auto-debited from your payment method on file on January 1st each year.
In addition, LLCTLC will file the Biennial Report for your LLC with the State of Alaska, unless otherwise requested.
Vehicle Renewals
Vehicle renewals are your responsibility and are due annually in the month they were originally registered.
Refund Policy
If cancellation occurs prior to your company being filed with the Alaska Secretary of State, a refund will be given in full. Disclosure of payment information is consent to file the company. If cancellation occurs after the filing of your company with the Alaska Secretary of State, a refund will be given, less the fees assessed to establish the LLC ($695).
If cancellation occurs after the registration of a vehicle with the Alaska Department of Motor Vehicles or aircraft with the Department of Aeronautics, no refund will be given.
*All sales are final and non-refundable after 30 days.
*Payment is considered consent to file the company with the Alaska Secretary of State. All companies will be filed immediately upon payment.
Legal Disclaimer
This information is for general guidance on matters of interest only. The application and impact of laws may vary widely based on the specific facts involved and the locations of affected persons and property. Given the changing nature of laws, rules, and regulations, the inherent hazards of electronic communication, there may be delays, omissions, or inaccuracies in this information. Accordingly, the information is provided with the understanding that it is provided for general information only, and the authors and publishers do not render any legal, accounting, tax, or other professional advice or services. Accordingly, the information on this Site should not be used as a substitute for consultation with professional accounting, tax, legal, or other competent advisers.