Establishing a Business

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INTRODUCTIONStarting your own business is a basic part of the American dream and it can be personally andfinancially rewarding if you plan ahead and arm yourself against the inevitable pitfalls andproblems that can occur. A majority of the 1.4 million businesses formed each year in theUnited States fail within four years. The reasons for these failures vary, but the most commonare:

Insufficient start up capital;Poor business planning;Poor business performance;Lack of management skills;Cash flow problems, andInadequate cost controls.

The information in this publication is designed to help you, the entrepreneur, start thinking andacting in a manner that improves your chances of success. It is intended as a guide to the manysources of detailed information and assistance that an entrepreneur will need. This publicationwill not answer all of your questions; however, it should give you a good place to start. Pleasebe sure to take advantage of the agencies, programs, and people available to assist you. Theycan provide the information and explanations, which this publication must omit due to spacelimitations.

Please note that regulations, statutes, and contact information change so often that thispublication may be out of date, in part, soon after it is published. To maintain a more up to datesource of continuing information, Alaska Division of Investments (ADI) has provided thispublication on the Internet as part of the State of Alaska’s Home Page on the World Wide Webat http://www.commerce.state.ak.us/investments/index.cfml. Besides the availability of thispublication on the Internet, the publication is also available in a hard copy version or compactdisk (CD) by contacting ADI.

Alaska Division of Investments3032 Vintage Blvd., Suite 100P.O. Box 34159Juneau, AK 99803Phone: (907) 465 2510 or (800) 478 5626Fax: (907) 465 2103TTY or TTD: (907) 465 5437

Each chapter has been broken down into sections that pertain specifically to that chapter.Within each section, you will find resource information. These are:

Email addresses, andWebsites pertaining specifically to the subject matter within that section, andHyperlinks. (See explanation of hyperlinks below.)

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Words, phrases, publications, forms, etc., that are blue, underlined and italicized are hyperlinks(direct links to the applicable Internet website) for that subject and may be used if you haveobtained the CD version of this publication. We have attempted to provide hyperlinks that willremain constant, yet take you as close to the information, or form as we can. As an example, ifyou need to find “Form 0405 573 Fisheries Business License Application”, the hyperlink will takeyou the Internet web page entitled “Fisheries License Applications”. This site lists all AlaskaDepartment of Revenue/Tax Division/ Fisheries related forms.

While ADI plans to periodically update the publication on the Internet, we do not control thecontent or maintenance of the information/forms provided. Accordingly, it is strongly advisedthat you contact the relevant agencies before acting on any of the information listed.

The State of Alaska’s home page is located at www.state.ak.us.

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TABLE OF CONTENTSEstablishing a Business in Alaska14th EditionRevised and Updated, November 2009

CHAPTER ONE: THE ENTREPRENEUR’S TOOLBOXStarting a Business....................................................................................................................... .....7Checklist for Starting a Business.....................................................................................................10Business Plan Checklist...................................................................................................................11Marketing Worksheet.....................................................................................................................11Valuable Resources of Information ................................................................................................13

CHAPTER TWO: SELECTING THE FORM OF ORGANIZATION

Selecting the Form of Organization................................................................................................15Types of Corporations ................................................................................................................... .19Filing Your Documents....................................................................................................................21Biennial Report Requirements .......................................................................................................25Trademarks & Servicemarks...........................................................................................................26Federal Protection for Patents, Copyrights, & Trademarks ...........................................................27

CHAPTER THREE: LICENSE & REGULATION REQUIREMENTS

Alaska Department of Administration............................................................................................29Alaska Department of Commerce, Community, and Economic Development,

Business Licensing...................................................................................................................... 29Insurance Producers Licensing Requirements ...........................................................................31

Alaska Department of Fish and Game,Commercial Fisheries Entry Commission...................................................................................32Administrative Services Division ................................................................................................33

Alaska Department of Labor and Workforce Development...........................................................34Alaska Department of Public Safety ...............................................................................................35Alaska Department of Revenue......................................................................................................35National Oceanic and Atmospheric Administration, National Marine Fisheries Services..............38

Administration ................................................................................................................. ..........38Alaska Federal Fisheries Management, Sustainable Fisheries Division .....................................38Habitat Conservation Division....................................................................................................38Protected Resources Division ....................................................................................................39Restricted Access Management.................................................................................................39

CHAPTER FOUR: LABOR LAWS

Who are Employees?..................................................................................................................... .41Who is an Employer?...................................................................................................................... 42Unemployment Insurance Program ...............................................................................................43Who Funds the Unemployment Program?.....................................................................................45Employer Responsibilities............................................................................................................... 46Payment of Wages.......................................................................................................................... 50

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Labor Laws........................................................................................................................... ...........53Division of Workers’ Compensation...............................................................................................56Alaska Occupational Safety and Health..........................................................................................57

CHAPTER FIVE: TAXESFederal Taxation ....................................................................................................................... ......59

Federal Corporation Tax Rate Schedule...................................................................................60Federal Taxes Tax Table .........................................................................................................63

Alaska State Taxation .....................................................................................................................64Alaska Corporation Net Income Tax Computation ..................................................................65Alaska Taxes Tax Table...........................................................................................................75

Municipal Taxation ....................................................................................................................... ..77Borough & City Tax Requirements...........................................................................................77Communities Outside of Boroughs with Property or Retail Sales Taxes .................................79

CHAPTER SIX: GOVERNMENT

Federal Government ..................................................................................................................... .81State Government ..................................................................................................................... .....81Municipal Government...................................................................................................................82

CHAPTER SEVEN: BUSINESS ASSISTANCEAlaska Department of Commerce, Community, and Economic Development ..............................85Alaska Business Development Center, Inc. ....................................................................................88Alaska Small Business Development Center ..................................................................................90Alaska Travel Industry Association .................................................................................................91BUY ALASKA......................................................................................................................... ...........91The Technology Research and Development Center of Alaska......................................................92Virtual Enterprise Manufacturing of Alaska ...................................................................................92World Trade Center........................................................................................................................93

CHAPTER EIGHT: FINANCIAL ASSISTANCEFederal Programs ....................................................................................................................... ....95State Programs ....................................................................................................................... ........98Private Programs ....................................................................................................................... ...100

CHAPTER NINE: ENVIRONMENTAL PROTECTION, HEALTH & SANITATION CONTROLSAlaska Department of Environmental Conservation....................................................................109Alaska Department of Health and Social Services........................................................................115

CHAPTER TEN: RESOURCE GUIDEAgriculture .................................................................................................................... ................117Alaska Regional Development Organizations...............................................................................118Alaska State Government.............................................................................................................120Arts & Crafts ......................................................................................................................... ........122Business Information.................................................................................................................... 123Community Development Quota

State .......................................................................................................................... .............128

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Groups......................................................................................................................... ...........128Economic Information ..................................................................................................................129Environmental Safeguards and Services ......................................................................................130Financial Information ...................................................................................................................131Fish, Fur, and Wildlife ...................................................................................................................133Insurance ...................................................................................................................... ................135International Trade.......................................................................................................................135Labor.......................................................................................................................... ...................136Lands and Forests ........................................................................................................................ .137Licensing, Corporations, and Permits...........................................................................................138Minerals and Oil ...........................................................................................................................139Municipal Information Services....................................................................................................142Music .......................................................................................................................... ..................142Native Affairs ........................................................................................................................ ........143Native Regional Corporations.......................................................................................................143Organized Boroughs .....................................................................................................................146Taxes.......................................................................................................................... ...................148Tourism........................................................................................................................ .................149Transportation................................................................................................................. .............150Water and Power .........................................................................................................................151

REFERENCE SECTIONSection A. Acronyms....................................................................................................................153Section B. Financial Institutions...................................................................................................157Section C. Glossary ......................................................................................................................163Section D. Web Page Reference ..................................................................................................167

SAMPLE DOCUMENTS

Income Statement ...................................................................................................................... ..179Balance Sheet .......................................................................................................................... .....180

ACKNOWLEDGEMENTS:DCCED, Alaska Division of Investments........................................................................................181

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CHAPTER 1THE ENTREPRENEUR’S TOOLBOXToday’s business world is very competitive. To be successful, you must plan carefully and workhard. One of the keys to a successful business is having knowledge of the market for yourproducts or services. You should prepare a marketing worksheet and a business plan after youreview the topics listed below. These plans will give you (and anyone you ask for financing) aroad map to where your business is headed in the future as well as an indication of theprobability of success.

STARTING A BUSINESS

Step One: Examine Your Motivationfor Business Ownership

Answering questions such as these is thefirst and one of the most important steps inyour decision making process to enter theworld of business ownership. Ask yourselfhard questions. Be brutally honest withyourself as most small businesses fail due toproblems and issues that should have beenanticipated and dealt with initially.

Your Personal Objective:Have you defined your personal needs?What are your financial objectives?Why do you think you will be happy as abusiness owner?Are you mainly interested in money,power, or flexibility?Have you examined your family needs?

Your Talents:Do you like to sell? Can you sell?You will be required to sell yourself,your company, and your products.Do you have special skills or educationin a particular industry?How will these talents help you in thedevelopment and operation of yourown business?

Your Personality Traits:Are you an authoritarian or a teamplayer? How will this affect yourrelationship with employees,customers, and suppliers?Can you handle the stress of timedeadlines from customers?Can you live with yourself if you have tofire an employee?Are you willing to risk everything youown? Will you be able to live withyourself and with the fear of loss? Willyour family?Can you handle the stresses of beingresponsible for reoccurring obligationssuch as taxes, payroll, accounts payableor debt payments?

Step Two: Select a Business Suitablefor You

A question often asked is “What kind ofbusiness should I start?” No one cananswer this question for you. Your choice isa highly personal matter. Businesses of alltypes are both successful and unsuccessful.A particular business generally succeeds orfails based on the customer market, thequality of the owner(s) and workers, andthe quality of the products, not because ofthe type of business.

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Personal Areas to Consider When SelectingYour Business:

Your experienceYour talentsYour interests

Your experience is most important whenyou are considering starting a new businessor buying an existing business. It is lessimportant when buying a franchise.

If you start a new business or buy anexisting business, past experience in thatparticular industry may help you betterunderstand your customer market andavoid costly operating mistakes.

If you buy a proven franchise, yourpurchase will include a developed technicalsupport system that makes your previousexperience in that business less important.

Step Three: Evaluate the Feasibilityof Your Chosen Business

A common mistake made by manyindividuals is to blindly pursue businessownership without adequately evaluatingwhether their idea is actually feasible.Before you go any further, you need toexamine your idea for feasibility.

What is a feasibility evaluation, and whywould you want to take the time to do one?A feasibility evaluation is a process that willallow you to make a more informed, “go” or“no go” decision. A good feasibilityevaluation involves a detailed examinationof financial, personal, and market realities.A sampling of topics that should be honestlyappraised includes but is not limited to:

Do you have enough money to get youridea off the ground without going intodebt?If not, do you have enough cash andown other tangible assets that financial

institutions will consider worthy ofaccepting as collateral if you need toborrow money?If not, where are you going to get yourmoney?Can the business generate enough cashto pay its expenses as well as yourdesired level of owner profit?Are the rewards from the business,both monetary and personal, worth theeffort and investment you are going tohave to make?Are your management skills adequateto oversee and develop the businessoperations?Is there really a demand for yourproduct?Have you done research on marketdemand or have you just assumed thatpeople need or want your product orservice?

Step Four: Consider Your Start upRequirements

There are references, checklists, andadditional information available to helpyou. This material by no means covers allstart up requirements that you must beprepared to handle or all the commonerrors we see potential business ownersmake. Be cautious, prepared, and flexible.

Start up Requirements:Selecting a form of organization, seeChapter 2.Be aware of licenses, permit rules, andregulations that pertain to yourbusiness and industry, see Chapter 3.Determine the types of taxes that arerelevant to your business and thepaperwork required of you to keep, seeChapter 5.Determine the steps you must take toestablish a business entity, see Chapter2.

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Consider your professional needs, suchas marketing, advertising, legal,accounting, tax, insurance, and banking,see Chapter 8.

Step Five: Develop Your BusinessPlan

A business plan is a helpful tool for manyreasons. Two main reasons are: First, abusiness plan is a “road map” of yourbusiness to give you long term planning andto help you decide where you are going andhow you are going to get there. Second,when faced with a need for financing,financial institutions want to review yourplan to analyze your ideas and determineyour dedication and the feasibility of yourbusiness venture.

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CHECKLIST FOR STARTING A BUSINESS

Prepare a written business plan, complete with financial statements.

Decide whether you wish to operate as a sole proprietorship, partnership, corporation,or limited liability company.

If you decide to incorporate, obtain the necessary incorporation papers fromDepartment of Commerce, Community, and Economic Development, Division ofCorporations, Business, and Professional Licensing.

Obtain an Alaska Business License from Division of Corporations, Business, andProfessional Licensing.

Contact the appropriate department to determine licensing requirements specific toyour business.

Obtain a Federal Employer Identification Number (EIN) from the Internal RevenueService (IRS) office nearest you.

Contact the IRS, Taxpayer Education Service to determine potential tax obligations andfiling requirements.

Obtain an Unemployment Insurance Identification Number from the Alaska Departmentof Labor and Workforce Development, Unemployment Security Division.

Determine necessary compliance with the “Workers’ Compensation Act” by contactingthe Alaska Department of Labor and Workforce Development, Division of Workers’Compensation.

Contact the Alaska Department of Labor and Workforce Development, Division of LaborStandards and Safety to determine compliance with the “Occupational Safety and HealthAct”.

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BUSINESS PLAN CHECKLIST

A well developed business plan does morethan convince a lender you are a goodcredit risk. It provides a detailed blueprintfor the activities needed to manage abusiness. It also can be used to evaluateprogress and needed changes. Be specific,the more detailed your business plan is, thebetter. The worksheet below is a generalguide of information that your lender mayrequest to review.

Cover Sheet:Business name and contact information,andName and address of all principals.

Statement of Purpose:Purpose of the loan (the exact purpose);Why it is needed, andDollar amount necessary to accomplishyour goals.

Table of Contents:The table of contents will help organizethe document and make referring toelements in the plan readily accessibleto the reader (your lender).

The Business:Type of business;Ownership and legal structure of thebusiness;Description of the business (be preciseand include background information);Management description (list skills,education, and experience of allprincipals);Advantages of your product/serviceover your competition (your niche), andObjective and goals.

Marketing Information:Demand for your product or service(target market);

Location of your customers and whothey are;Promotion strategy;Pricing strategy and break even point,andCompetition awareness.

Financial Information:Balance sheets and income statementsfor the past three years;For a new business, prepare a projectedbalance sheet and income statement.(See example in “Appendix A”);Personal balance sheet and proposedmethod of compensation for allprincipals, andCollateral available for securing a loan.

Supporting Documents:Personal resumes, personal financialrequirements and statements, cost ofliving budget, credit reports, letters ofreference, job descriptions, letters ofintent, copies of leases, contracts, legaldocuments, brochures, news items,photographs, and anything else relevantto the plan.Remember, this is a very generaloutline. For more information ondeveloping a complete business plan,contact the University of AlaskaAnchorage, Small BusinessDevelopment Center (SBDC) nearestyou for guidance and workshopinformation. Refer to Chapter 10 for acomplete listing of SBDC offices inAlaska.

MARKETINGWORKSHEET

Marketing Analysis: Industry,Description, and Outlook

What industry are you in?How big is the industry now? How big

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will it be in five years? In ten years?What are the important characteristicsof the industry? (Give an explicitdescription)Who are the major customers?What are the major applications of yourproduct or service? (Describe how it willbe used)What are some significant trends in theindustry that may affect your business?

Target Market: Market Segments,Target Market Identification

Who are your potential customers?How will you identify them?How will you segment this market?Are there needs or wants that exist inthis market that your product or servicewill fill?How will you communicate with themarket and market segments?

Competition

Who are your major competitors?How did they become successful?What approximate market share doeseach competitor command?What are the sales/performance trendsfor each competitor?Are there available substitutes for yourproduct or service?How important are they in this market?Why will your target market select youover your competition?What is your distinctive difference theone thing that will separate you from allcompetitors and substitutes?

Market Mix: Product

Describe in detail your product orservice,Describe its history, its position in the

industry, and identifiable future trends.For what purpose are your products orservices used?

Market Mix: Promotion

What are your advertising plans (howdo you intend to make your targetmarket aware of your products orservices)?What is your advertising budget?How did you arrive at your budget?Describe your sales force, listing whowill sell, their background and training,and their assigned territories.What sales promotion techniques willbe used? Describe them, why youselected them, and what you expectthem to do for your sales.

Market Mix: Price

What is the pricing history of yourproduct or service?

o By distribution method?o By geographic method?o By customer classification?

What are the current pricing trends?What do you expect for the future?What is your pricing strategy? How didyou select it?How will it work as an introductorystrategy to gain acceptance in themarketplace?How will it work to maintain or increasemarket share?What will be the profit impact?How much elasticity do you expect infuture demand?How do your nearest competitors settheir prices?How will you respond to their futureprice changes?Include break even analysis for differentprices and sales levels. Indicate yourexpectation for the most probable

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levels and why.

Market Mix: Place (Distribution)

Through what channels are yourproducts or services currently sold?What functions do they perform foryou?How effectively do they cover yourpotential market?What geographical area do you plan toserve?How will you physically move productsfrom one location to another?How will you monitor and control yourinventory?How will you know when to reorderstock?

Marketing Environment

Describe how any of the following mightaffect your business and its sales potential:

The legal environment and legal forcesat work;Political forces affecting your businessnow or in the near future;The economy and the economic forcesat work;Regulatory or governmental controlsaffecting your firm;Important cultural or societal trends,andSignificant technological changes.

Test Marketing

Have you conducted preliminary or testmarket studies?What were the results? What were thereactions of prospective customers?Did you test a prototype or did youdescribe the concept and ask for theirresponse?

VALUABLE RESOURCES OFINFORMATION

Alaska Economic DevelopmentResource Guide

Alaska Department of Commerce,Community, and Economic Development,Division of Community and Regional Affairs550 W. 7th Ave., Suite 1770Anchorage, AK 99501Phone: (907) 269 4501/4581Fax: (907) 269 4539

The “Alaska Economic DevelopmentResource Guide” (the Guide) is designed tobring together an inventory of programsand services that can provide economicdevelopment assistance to Alaskacommunities and businesses.

The Guide provides detailed information forover 110 economic development resourcesfor communities, businesses, andindividuals. Federal and state agencies aswell as national and Alaska privatenonprofit agencies are represented.

The Guide primarily describes thoseprograms that focus on the creation andsupport of new industries, businesses andlong term jobs. It is designed to helpcommunities match their economicdevelopment strategy with existing programresources, which could support theirstrategy.

Check the website in the Reference Section(Section D. Web Page Quick References),located at the end of this booklet for theonline version. It is also available as a hardcopy, which includes a handy poster formatMatrix that indicates the kinds ofdevelopment supported by each resource.Direct your requests for the hard copy to:Division of Community and Regional Affairs.

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CHAPTER 2SELECTING THE FORM OF ORGANIZATION

This chapter will help you decide what form of business to organize. It is to your advantage toconsult a Certified Public Accountant (CPA) and/or Attorney to advise you of the form ofbusiness that best fits your specific needs.

SELECTING THE FORM OF

ORGANIZATION

One of the fundamental decisions a newbusiness owner faces is choosing the formof organization for the business. Thedifferent forms of an organization fromwhich you may choose are: soleproprietorship, general partnership, limitedpartnership, limited liability company, orbusiness corporation. Listed on thefollowing pages are the different types oforganizations, and their advantages anddisadvantages.

The Department of Commerce, Community,and Economic Development, Division ofCorporations, Business, and ProfessionalLicensing offers online filings for severalforms of organization. After you havedetermined your form of organization, youmay file online and obtain your Certificateof Organization or Certificate ofIncorporation within minutes. This onlineservice is available atwww.corporations.alaska.gov. Alaska is inthe forefront in providing this onlineservice. Log on to the website listed aboveto check the availability of additional onlinefilings such as registering your businessname and filing your biennial reports.

Sole Proprietorship

An individual may start a business byobtaining a business license and satisfyingany necessary licensing requirements. A

business license costs $100 per year unlessyou qualify for an age related discount.Under Sole Proprietorship, the ownerestablishes the business, secures all capital,assumes all risks, receives all profits, andincurs all losses.

Sole Proprietorships do not fileorganizational documents with the State ofAlaska; however, they may require abusiness license. Contact Division ofCorporations, Business and ProfessionalLicensing, Business Licensing for moreinformation.

Advantages:1. Few formalities and low organizational

costs;2. Decision making is concentrated in one

individual;3. Fewer reporting requirements to

government agencies;4. Avoidance of corporate “double tax”;5. Business losses may be taken as a

personal tax deduction to offset incomefrom other sources, and

6. All profits taxed as income to owner atthe owner’s personal tax rate.

Disadvantages:1. Less able than corporation or

partnership to take advantage ofcertain fringe benefits afforded by theInternal Revenue Code (IRC);

2. Business terminates on death ofowner;

3. Investment capital limited to that ofowner;

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4. Loans based on credit worthiness ofowner, and

5. Owner’s assets subject to businessliabilities.

General Partnership

A Partnership consists of two or morepersons who are associated in order topursue a business for profit. The partnersassume full liability for the obligations ofthe firm. Creditors may attach the personalassets of the owners, in addition to theassets of the business. The GeneralPartnership does not require state sanction.A business license is necessary and speciallicensing requirements may apply.

Advantages:1. Easy to organize and few initial costs;2. Draws on financial resources and

business abilities of all partners;3. May be continued after death or

resignation of partner;4. All partners share liability, and5. Partners take business losses as a

potential tax deduction.

Disadvantages:1. Each partner is personally liable for all

obligations of the business, not justhis share;

2. Each partner has the power to act onbehalf of the business;

3. A partnership is dissolved by thedeath of a partner unless the partnershave agreed otherwise in writing,however, a new occupational license isrequired regardless;

4. All partners must pay tax on theirshare of partnership profits, althoughprofits may be retained in thebusiness, and

5. A partnership has more opportunitythan a sole proprietorship, but lessthan a corporation to take advantageof certain fringe benefits afforded by

the IRC.

Fisheries business licenses are required if aperson/company is processing a fisheriesresource inside the state or exporting anunprocessed product from the state. If youoperate a fishing vessel, or you are active inthe fishing industry, you may need tocontact the Department of Revenueregarding a “Fisheries Business License”.

Alaska Department of Commerce,Community, and Economic Development,Division of Corporations, Business &Professional Licensing; Business LicensingSectionP.O. Box 110808Juneau, AK 99811 0808Phone: (907) 465 2550Fax: (907) 465 2974

Alaska Department of Revenue, TaxDivisionP.O. Box 110420Juneau, AK 99811 0420Phone: (907) 465 2320Fax: (907) 465 2375

Limited Partnerships (LP)

An LP consists of at least one generalpartner and one limited partner. Thegeneral partners control the business andare liable for debts and obligations of thepartnership. An LP is similar to ashareholder in a corporation.

A Domestic LP is a legal entity created underAlaska Statutes by submitting “Articles ofOrganization” and paying established fees.

A Foreign LP is a legal entity created underthe laws of another state that has appliedfor a “Certificate of Authority” to transactbusiness in Alaska and has paid theestablished fees.

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Statutes relating to LPs may be found underAlaska Statute (AS) 32.11.010 .990,entitled, “Uniform Limited Partnership Act”.

Limited Liability Partnerships (LLP)

An LLP is similar to a general partnershipexcept normally a partner does not havepersonal liability for the negligence ofanother partner. Professionals, such asaccountants and lawyers, often use thisbusiness structure. An LLP is taxed like apartnership, meaning tax liability flowsdirectly through to the owners while theentity itself is not taxed.

A Domestic LLP is a legal entity createdunder Alaska Statutes by submitting“Articles of Organization” and payingestablished fees.

A Foreign LLP is a legal entity created underthe laws of another state that has appliedfor a “Certificate of Authority” to transactbusiness in Alaska and has paid theestablished fees.

Statutes relating to LLP’s may be foundunder AS 32.06.911. .925, entitled,“Limited Liability Partnerships”.

Limited Liability Companies (LLC)

An LLC is an unincorporated associationhaving one or more members. Managers ormembers can manage the LLC. Managerscan be, but are not required to bemembers. If the LLC is to be managed bymanagers, it must be stated in the “Articlesof Organization”. Managers could becompared to a board of directors, andmembers are like the shareholders of acorporation, or limited partners of a limitedpartnership. To be a member of an LLC, acontribution such as cash, property, orservices rendered must be made.

The internal affairs of the LLC are governedby operating agreements that may be oralor written. These operating agreements arecomparable to the bylaws of a corporation.The LLC “Operating Agreement” may rangefrom 12 to 16 pages in length depending onits complexity, and may contain thefollowing information:

Company name and addressinformation;Registered agent information;Name and address information for eachLLC member;LLC management structure andoperation;Items contributed by each Member;Fair market value of each itemcontributed;Date of company dissolution;Accounting method;Tax treatment for your LLC;Sample LLC operating resolutions;Appointment of LLC officers, andDesignation of a final capital pay indate.

The members manage the internal affairs,unless the “Articles of Organization”specifically state that one or more managershall manage them. Operating agreementsare not filed with the State of Alaska.

A Domestic LLC is a legal entity createdunder Alaska Statutes by submitting“Articles of Organization” and payingestablished fees.

A Foreign LLC is a legal entity created underthe laws of another state that has appliedfor a “Certificate of Authority” to transactbusiness in Alaska and has paid theestablished fees.Statutes relating to LLC’s may be foundunder AS 10.50.010. .995, entitled, “AlaskaRevised Limited Liability Company Act”.

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Advantages:1. Each member’s liability is generally

limited to his or her investment; theirpersonal assets are protected;

2. Less restrictive than an S Corporation,i.e., no limit on the number or type ofpersons who can be members, orrestrictions against nonresident aliensparticipating, and

3. All members may participate in themanagement of the business.

Disadvantages:1. Unlike a corporation, interest

(ownership) in the business is notfreely transferable;

2. An LLC requires more formality anddocumentation than a partnership orsole proprietorship;

3. Lack of perpetuity. Like a limitedpartnership, LLC's generally only existto a specific date but may beperpetual, and certain restrictionsmay apply to the continuance of thebusiness, and

4. No centralized management;members generally sharemanagement responsibilities.

Corporations

A Corporation, generally, is a legal entity,which exists separately from its owners. Itis most commonly formed for raising capitaland limiting individual liability. Taxes maybe levied on the Corporation as well as onthe shareholders. The sale of stocks of thecorporation can generate additional capitaland the longevity of the Corporation cancontinue past the death of the owners.

Legal counsel should be consulted regardingthe variety of options available forformulation.

Statutes relating to domestic and foreigncorporations are found under AS 10.06.005.

.995, entitled, “Alaska Corporations Code”.

A Domestic Corporation is a legal entitycreated under Alaska Statutes by submitting“Articles of Incorporation” and payingestablished taxes or fees.

A Foreign Corporation is a corporationcreated under laws of another state thathas applied for a “Certificate of Authority”to transact business in Alaska and has paidestablished taxes and fees.

Advantages:1. Exposure of each shareholder to the

liabilities of the business is limited tothe amount of his investment.

2. Interest in the business may readily besold by the transfer and sale of sharesin the corporation.

3. The ready transferability of sharesfacilitates estate planning.

4. If desired, the Corporation may betaxed as a Partnership by complyingwith the S Corporation section of theIRC.

5. Shares of the company may be sold toinvestors to obtain capital financing.

6. Corporations, to a much greaterextent than sole proprietorships andpartnerships, may take advantage ofpension plans, medical payment plans,group life and other fringe benefitsavailable under the IRC.

7. The corporate form provides for agreat deal of flexibility with respect totax planning.

Disadvantages:1. Cost of organization is higher than for

the other forms of entities;2. Control vested in a Board of Directors,

elected by shareholders rather thanthe individual owners;

3. Possibility of double taxation;4. The corporation must qualify in each

state of which it chooses to do

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business, and5. Unlike sole proprietorships and

partnerships, unless the corporationhas elected to be taxed as an SCorporation, individual shareholdersmay not deduct losses of thecorporation.

If stock or other securities are going to besold in any corporation, it must either beregistered or be deemed exempt fromregistration as provided for by the “AlaskaSecurities Act” (AS 45.55.010. .995.).

When money is to be raised, the possibleimplications of the state and federalsecurities acts should be considered.

TYPES OF CORPORATIONS

S Corporations

If you choose to develop as an SCorporation, contact the “IRS” for specificterms and regulations that refer to:

Becoming an S Corporation;Corporations that qualify;Shareholder consents;Violating the Passive IncomeRestriction;S Corporation termination year;Filing “IRS Form 2553 Election by aSmall Business Corporation”, whichindicates the choice of S Corporationstatus;Terminating S Corporation status;Revoking S Corporation status;Ceasing to qualify, andPermitted tax year.

Advantages:1. Pass through income/losses similar to

partnership but retains limited liabilityof a corporation;

2. Federal income taxes may be less than

Corporation, since top individual rateis less than top corporate rate;

3. Income taxed only once (not twicethrough dividend distributions);

4. Corporate Alternative Minimum Tax isnot applicable to an S Corporation,although adjustment preferencesmust still be calculated and passedthrough stockholders;

5. Losses pass through to stockholders;6. Avoids most problems with “Excess

Compensation”;7. Avoids potential problems with

“Accumulated Earnings”;8. No double taxation upon liquidation

of company; however, a “built ingains” tax does apply if thecorporation was formerly as a CCorporation (also known as a standardbusiness corporation) and convertedto an S Corporation pursuant to anelection made after December 31,1986.

Disadvantages:1. Individual stockholders must pay taxes

on a prorated share of the company’sincome even if the income is notdistributed;

2. Benefit of graduated corporate ratesis lost;

3. Fringe benefit limitations tostockholders.

4. Year end must be calendar year (inmost cases).

5. A LIFO (last in/first out) recapture taxmay apply to C Corporations uponconversion to S status;

6. The S Corporation may be subject to acorporate level tax on excess netpassive income;

7. The S Corporation may be subject tothe built in gains tax;

8. Limited to one class of stock;9. Stockholders who are not “material

participants” are subject to passiveactivity loss limitations;

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10. Number of stockholders is limited to35;

11. Venture capital financing may result inloss of S Corporation status sincecorporations cannot hold stock in an SCorporation;

12. Stockholders must be individuals (orsome estates or trusts), and

13. Differing state rules for corporationsmay or may not recognize SCorporation status.

Contact the “IRS” for further information.

Nonprofit Corporations

Three or more natural persons, at least 18years of age, may act as incorporators of anonprofit corporation. AS 10.20.151,entitled, “Articles of Incorporation;Relationship to Bylaws”, sets out therequirements of the Articles ofIncorporation.

A Nonprofit Corporation must meetqualifications stipulated by the “IRS” if theywish to receive grants and receive taxexempt donations. Contact the IRS forfurther information regarding tax exemptstatus.

Professional Corporations

One or more persons who are licensed torender a professional service in this statemay incorporate as a ProfessionalCorporation (PC).

A Domestic PC is a legal entity createdunder Alaska Statues by submitting “Articlesof Incorporation” and paying establishedfees.

Statutes relating to PC’s may be foundunder AS 10.45.010. – .510, entitled,“Professional Corporations Act”.

Cooperative Corporations

Three or more natural persons, at least 18years of age, may act as incorporators of aCooperative Corporation. AS 10.15.350(a) –(c), entitled “Contents of Articles ofIncorporation”, sets out the requirements ofthe “Articles of Incorporation“.

Religious Corporations

A Religious Corporationmay be formed for:

Acquiring, holding, or disposing ofchurch or religious society property forthe benefit of religion;For works of charity, and education, andFor public worship.

Control of all property owned by thecorporation is usually held by one person.AS 10.40.020, entitled “Execution of Articlesof Incorporation”, sets out the requirementsfor executing the “Articles of Incorporation”.

Foreign Corporations Doing Businessin Alaska

AS 10.06.705, entitled “Authorization ofForeign Corporation”, requires that foreigncorporations (a corporation for profitorganized under laws other than the laws ofAlaska for a purpose for which acorporation may be organized under AS10.06.010 .995) must obtain a “Certificateof Authority” before doing business inAlaska. “Doing business” is not clearlydefined in Alaska law; therefore, eachsituation calls for a separate analysis ofwhether the corporation or its local agentshave insinuated themselves into a“continuous course of business” insideAlaska or with Alaskans sufficient to justifybeing governed by Alaska laws.

The Corporations Section does not providelegal counsel. It is advisable that private

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legal counsel be sought to determinewhether a corporation needs to qualify inthe State of Alaska.

Exceptions to the RegistrationRequirement

The law sets forth clear exceptions to theregistration requirement for foreigncorporations. AS 10.06.718, entitled,“Activities Not Constituting TransactingBusiness in this State” lists activities, whichdo not constitute “transacting business” inthe State of Alaska.

Without excluding other activities that maynot constitute transacting business in thisstate, a foreign corporation is notconsidered to be transacting business in thisstate, unless any one or more of thefollowing activities occur:

1. Maintaining, defending, or settling anaction, suit, administrative orarbitration proceeding, or thesettlement of claims or disputes;

2. Holding meetings of directors orshareholders of the corporation, orcarrying on other activities concerningthe internal affairs of the corporation;

3. Maintaining bank accounts;4. Maintaining an office or agency for

the transfer, exchange, andregistration of securities of thecorporation, or appointing andmaintaining a trustee or depositoryfor the securities of the corporation;

5. Making sales through independentcontractors;

6. Soliciting or procuring orders by mail,through employees, agents, orotherwise, if the orders requireacceptances outside the state beforebecoming binding contracts;

7. Creating, as borrower or lender, oracquiring indebtedness, mortgages orother security interests in real or

personal property;8. Securing or collecting debts, or

enforcing rights in property securingdebts;

9. Transacting business in interstatecommerce, and

10. Conducting an isolated transactioncompleted within a period of 30 days,and not in the course of a number ofrepeated transactions of like nature.

To apply for a “Certificate of Authority” todo business in Alaska, you may file online orfile an Application for a “Certificate ofAuthority”.

For information on filing an organized entityas a limited partnership, limited liability, orcorporation contact the CorporationsSection at:P.O. Box 110808Juneau, AK 99811 0808Phone: (907) 465 2550Fax: (907) 465 2974

Corporations Section:[email protected] Licensing Section:[email protected]

FILING YOUR DOCUMENTS

Although the Corporations Section doeshave forms for completing the necessaryfilings, it is strongly recommended andadvisable that clients seek legal counselbefore incorporating.

Entity Names

A Sole Proprietor may conduct businessunder their own name or they may chooseto use an assumed business or “doingbusiness as” (DBA) name. When you are

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ready to select a business name or assumedbusiness name for your business, check the“Corporations Section Database” for nameavailability.

The name you select must bedistinguishable on the record from anyother business name registered with theCorporations Section. Alaska AdministrativeCode 3 AAC 16.120, entitled “DeterminingDistinguishable Names” is an excellent sitefor additional information.

Purchasing a Business License orOccupational License does not protect thename of the business nor does it registerthe name for your business. At this time,multiple business licenses may be issuedwith the same name.

Registering a business or corporate namegives the owner the exclusive right to theuse of that name. Reserving a nametemporarily protects it while an entity isbeing organized. Exclusive rights to abusiness name are granted when theCorporations Section issues a “Certificate ofIncorporation”, or accepts a business nameapplication for filing. Conversely,registering or filing a “Business NameRegistration Application” for a DBA does notautomatically grant property rights orproperty interests in a name.

When incorporated, organized or certifiedin Alaska, the names of the following entitytypes are registered automatically:corporations, limited liability companies,limited liability partnerships, limitedpartnerships, cooperatives, non profitcorporations, foreign or domestic, andAlaska religious corporations, orprofessional corporations.

The Corporations Section checks for nameavailability by comparing the requestedname with those on record in the

“Corporations Section Database”. However,this search does not reveal conflicts withnames not registered with the State ofAlaska, such as:

Names of foreign corporations doingbusiness in Alaska without stateauthorization;Assumed business names that havebeen used but are not currentlyregistered;Trademarks or service marks registeredfederally, in another state, or notregistered at all.

Available Names

A name is available to reserve or register ifthe name is distinguishable from the namesof existing organized entities and fromnames reserved or registered. OrganizedEntity, according to AS 10.35.040(1)(A) (P)means:

Domestic Corporation;Foreign Corporation (that has beenauthorized to do business in Alaska);A BIDCO;A Domestic Cooperative;A Foreign Cooperative;A Domestic Nonprofit Corporation;A Foreign Nonprofit Corporationauthorized to do business in Alaska;A Religious Corporation;A Professional Corporation;A Domestic Limited Liability Company;A Foreign Limited Liability Company(registered to do business in Alaska);A registered Domestic Limited LiabilityPartnership;A Foreign Limited Liability Partnership(registered to do business in Alaska);A Domestic Limited Partnership;A Foreign Limited Partnership(registered to do business in Alaska);and

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Other organizational types detailed inAS 10.35.040.

Even if a name is not registered or reserved,people who have used a business name fora long period of time may have created acommon law right to the use of the name.Therefore, you are strongly advised toconduct a thorough search BEFOREregistering or reserving a name, eventhough that name may be available forregistration. Places to look include, but arenot limited to, business license records,telephone directories, trade magazines,trademark records, catalogs, and so on.

Restrictions apply to business and corporatenames, even if the name is otherwiseavailable. For example, an unincorporatedbusiness may not use "incorporated" or"corporation" as part of its name, whereasan incorporated name must contain"corporation", "company", "incorporation",or "limited", or an abbreviation, as part ofits name. A business or corporate namemay not imply that the organization is agovernmental unit, e.g. a city, village orborough. Names that mislead regardingcorporate purpose are not allowed. Vulgarnames are not allowed.

Words used to identify goods and services,used as slogans in advertising or used toindicate association with an organizationare trademarks or service marks that cannotbe registered as business names.

Words used to identify an Internet domainname or Internet address cannot beregistered as business names.

What Makes a NameDistinguishable?

Listed below are some examples of hownames are determined to be distinguishedfrom other names:

One of the key words is different:o “Industrial Technology” and

“Industrial Mechanics”o “Marketing Enterprises” and

“Marketing Associates”The key words are the same, but theyare in a different order.o “Northwest Industries” and

“Industries Northwest”o “Café Espresso” and “Espresso

Café”The key words are the same, but thespelling is creative, unusual or artistic.

o “Quick Cleaning” and “KwikKleaning”

o “Fast Foto” and “Fast Photo”The key words have a markeddifference in meaning in their contextsand the words are not literally identical.o “Electrical Systems” and “Electronic

Systems”o “Capital Builders” and “Capitol

Builders”

Remember that the corporate ending doesnot make the name distinguishable fromother names.

Name Reservations

You may reserve a business name if you areintending to do business using that name.The non refundable application fee toreserve a business or entity name is $25.The reservation is valid for 120 days.

Reserving an Entity (Corporate)Name

You may reserve an entity name if you are:A person intending to organize anAlaska corporation,An Alaska corporation intending tochange its name,A foreign corporation intending toregister in Alaska,

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A foreign corporation registered inAlaska and intending to change itsname, orA person intending to organize a foreigncorporation to be registered in Alaska.

Name Registrations

The non refundable application fee toregister an entity or business name is $25.Registrations are renewable, but noexpiration notice is sent. ContactCorporations Section for a “Business NameRegistration Application”.

An initial business name registration expireson the fifth December 31st after the day ofregistration. For example, if you register onMay 4, 2009 the registration will expire onDecember 31, 2013. The registration isrenewable at five year intervals byreapplying between October 1st andDecember 31st of the year of expiration.

Registering an Entity (Corporate)Name

You may register an entity if you are anorganized and existing corporation of astate or territory of the United States notregistered to do business in Alaska. Theduration is through December 31st of theregistered year. This is renewable annuallyby reapplying between October 1st andDecember 31st of the current year. Thisonly registers the name. It does not grantauthority to transact business in this state.

DBA or Assumed Name Registration

A Corporation registering an assumedbusiness name, or as a DBA, must be aDomestic Corporation or a ForeignCorporation certified to do business inAlaska. The registrations of these namesare completed in the same manner as othername registrations except that the owner is

listed as an entity on file with theCorporations Section.

Purpose and NAICS Code

A Corporation or LLC may be organized forany lawful purpose. Indicate which NorthAmerican Industry Classification (“NAICS”)codes most closely describe your type ofbusiness. The website for locating NAICScodes is listed at the end of this publication.

Period of Duration

The period of duration is the life expectancyof the corporation. Duration can rangefrom a brief period to perpetual.

Registered Agent and RegisteredOffice

All corporations are required to maintain aregistered agent and a registered office inAlaska. The registered agent is listed in the“Articles of Incorporation”, and can be anindividual or another corporation; however,the corporation MUST be registered and ingood standing with the CorporationsSection. The Registered Agent is the personupon process is served on behalf of acorporation. Reminder and noticesrequired by statute are sent to theRegistered Agent of the entity.

The Number of Authorized Shares

A Corporation may authorize any number ofshares (defined as the number of units intowhich the proprietary interests in acorporation are divided). The “Articles ofIncorporation” only needs to list the totalnumber authorized. No par value or statedvalue is required. You must list the classand series of each class of shares if morethan one class of shares are authorized.

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Incorporators

Each Incorporator must be a “natural”person of at least 18 years of age. One ormore of the incorporators MUST sign the“Articles of Incorporation”.

Names and Addresses of InitialDirectors

The initial number of directors on the Boardof Directors may be listed in the “Articles ofIncorporation”, as well as the names andmailing addresses of persons appointed toact as initial directors. Each director holdsoffice until his/her successor is elected andqualified. A director, not elected at anannual meeting, holds office until the firstannual meeting of shareholders.

Names and Addresses of AlienAffiliates

Under AS 10.06.208(4), any “Articles ofIncorporation” being filed must list thenames and the mailing address of any alienaffiliates. “Affiliates” and “Alien” aredefined separately:

Affiliate is defined as:A person that directly or indirectlythrough one or more intermediariescontrols; orIs controlled by; orIs under common control with, acorporation subject to AS 10.06 “AlaskaCorporations Code”.

Alien is defined as:A. An individual who is not a citizen or

national of the United States, or who isnot lawfully admitted to the UnitedStates for permanent residence, orparoled into the United States underthe “Immigration and Nationality Act (8U.S.C. 1101 1525, as amended)”;

B. A person, other than an individual, that

was not created or organized under thelaws of the United States or of a state,or whose principal place of business isnot located in any state; or

C. A person, other than an individual, thatwas created or organized under thelaws of the United States or of a state,or whose principal place of business islocated in a state, and that is controlledby a person described in A. or B. of thisparagraph.

Articles of Amendment

By completing an “Articles of Amendment”,an entity may amend its Articles ofIncorporation to include or modify mostprovisions.

Corporations SectionP.O. Box 110808Juneau, AK 99811 0808Phone: (907) 465 2550Fax: (907) 465 [email protected]

BIENNIAL REPORT REQUIREMENTS

Both domestic and foreign entities arerequired to file a “Biennial Report” everytwo years.

You may file your report online by loggingon to www.corporations.alaska.gov. Thereport is due January 2nd and is delinquentafter February 1st when penalties apply. Anotice is sent to the Registered Agent of theentity with information on how to obtainthe pre populated biennial report.

Failure to file the report or pay thetaxes/fees may result in involuntarydissolution or revocation of the entity.

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Time Required for Filing andProcessing Corporate Documents

If the filing is available online, the filing isinstantaneous; however, if you do not haveaccess to the Internet, you have the optionto print a “Blank Biennial Report” for yourentity. You may then complete and mail itto the Corporations Section with theapplicable taxes or fees. Biennial Reportsreceived by mail or fax take 10 working daysto process. During busy filing periods, itmay take considerably longer.

Why Documents May Be Rejected orNot Accepted for Filing

An incomplete address is submittedwhich does not set forth the streetaddress, city or town, and zip codenumber;The filing fee is incorrect;The signatures of the required partiesare incorrect or incomplete;The name submitted for the entity isnot distinguishable from other nameson file;The entity name referred to in anamendment or subsequent filing isincorrect. In submitting amendments orany subsequent filings, the name of theentity MUST be identical (in spelling andpunctuation) to the legal corporatename on file with the CorporationsSection;The documents do not contain allrequirements of the law. Check theAlaska Statutes to make sure allapplicable statutory requirements havebeen met.

Corporations SectionP.O. Box 110808Juneau, AK 99811 0808Phone: (907) 465 2550Fax: (907) 465 [email protected]

TRADEMARKS & SERVICEMARKS

State Trademark Protection

A Trademark is the brand name by whichwe identify goods of a particularmanufacturer or distributor. Thus, “Kodak”identifies a camera made by a particularmanufacturer. While a trademark is usuallya word or words, it may also be a name,emblem, symbol, slogan, or other device, aslong as it serves to identify the goods of aparticular source. The value of a trademarkto its owner lies in the goodwill attached toit or in the fact that the consumer will askfor a “Kodak” with the expectation ofreceiving the same quality of product, whichhe or she has formerly purchased underthat name.

There are 45 different classifications inwhich trademarks may be registered. Eachclassification includes various commercialgoods that are clearly distinct from eachother. The same word or name may betrademarked in several different classeswithout the multiple use being confusing toconsumers. Trademark names arecompared to all entity names filed with theCorporations Section and the “United StatesPatent and Trademark Office” (TrademarkOffice) files.

You may register a Trademark by filing an“Application for Registration or Renewal ofTrademark, Service Mark, Certification Markor Collective Mark” with the CorporationsSection. The filing fee is $50, and theregistration is good for 5 years. Theregistration is renewable.

The Alaska statutory site for Trademarks is“AS 45.50.010 .205”.

Service Marks

A “Service Mark” is a mark used in the sale

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or advertising of services to identify theservices of one person, distinguishes themfrom the services of others and to designatethe origin of services.

Expedited Filing

All documents may be filed on an expeditedbasis for a fee of $150. This fee is inaddition to the regular filing fees plus anytaxes due. The Corporations Section givesno guarantee for length of time to completean expedited filing; however, an “expedite”is given priority over regularly fileddocuments.

Alaska Department of Commerce,Community, and Economic Development,Division of Corporations, Business, &Professional Licensing, CorporationsSectionP.O. Box 110808Juneau, AK 99811 0808Phone: (907) 465 2550Fax: (907) 465 [email protected]

FEDERAL PROTECTION FOR

PATENTS, COPYRIGHTS &TRADEMARKS

The State of Alaska will register atrademark; however, that registration isonly effective within the State of Alaska.The State of Alaska cannot grant copyrightsfor intellectual properties or patents forinventions. Businesses that have a seriousinterest in protecting products, logos,written works, etc. from being reproducedor manufactured by other companieswithout permission must get suchprotection from the Trademark Office.

The following information lists briefdescriptions of the differences among

patents, copyrights, and trademarks andhow to obtain them.

Patents

A “Patent” for an invention is a grant of aproperty right by the United States FederalGovernment to an inventor. The term ofthe Patent is 17 years from the date thePatent is granted and the rights extendthroughout the United States, its’ territoriesand possessions. A Patent grant is the“right to exclude others from making, using,or selling” the invention.

An inventor applies for a patent by filing anapplication with the Trademark Office andpaying the required fees. The applicationmust be filed in the name of the trueinventor(s). While an inventor may prepareand prosecute his or her own application, itis exceedingly difficult for an inexperiencedperson to obtain claims that fully protectthe invention. It is strongly advised that aninventor, at a minimum, seek the advice ofa patent attorney prior to makingapplication.

More information on the patent process,including a copy of the publication “GeneralInformation Concerning Patents,” may beobtained by contacting the TrademarkOffice. Additionally, the “InventorsAssistance Center” is available online. Seethe end of this section for website.

Copyrights

The “Copyright Law of the United States”gives the copyright owner the exclusiveright to prevent others from reproducing orcopying the author’s work(s) for a limitedperiod of time. Literary, dramatic, musical,and artistic works are included within theprotection of the copyright law. TheCopyright goes to the form of expression,not to the subject matter of the writing. A

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description of a machine may becopyrighted as “a writing”; however, thiswould not prevent anyone from buildingand using the machine.

To obtain a “Copyright”, the author mustregister the work(s) in question with the“Library of Congress, Copyright Office”. Theworks must be fixed (recorded) in sometangible form (manuscript, sound recording,video, film, software, etc.), which can beunderstood by humans, with or without theaid of machines. Copies of the work(usually two), together with the requiredfees, must be submitted with theapplication to:

Library of Congress,U.S. Copyright OfficeJames Madison Memorial Building,101 Independence Ave, S.E.,Washington, D.C. 20559 6000Telephone: (202) 707 3000Trademark Assistance CenterTelephone #: 1 800 786 9199

The publication, “Copyright Basics”, whichoutlines the copyright process, is anexcellent source of information and can belocated at their online website.

Registration is made by completing one ofthe copyright applications available onlineat the Trademark Office’s website or bysending your completed application to theTrademark Office at the address listed.

Trademarks

A trademark relates to any work, symbol, ordevice that is used in trade with goods toindicate the source or origin of the goodsand to distinguish them from the goods ofothers. Trademark rights may be used toprevent others from using a confusinglysimilar mark; however, it is not used toprevent others from making the same

goods or selling them under a nonconfusing mark.

A trademark may be registered in theTrademark Office either after it has beenapplied to goods shipped in interstatecommerce or based on a genuine intent touse the mark in interstate commerce. Theregistration must be renewed at prescribedintervals and may continue as long as themark is used and renewals are properlymade. The above also applies to marksused to designate the origin of services.These marks are generally known as“service marks”, (referenced earlier onprevious pages). Since the choice andprotection of trademarks involves variouslegal requirements and continualinvestment for advertising, publicity, namerecognition, etc., an attorney familiar withtrademark and service mark law should beconsulted before a mark is adopted.

Registering a trademark or service mark isaccomplished by filing an application withthe Trademark Office. Include a copy orrepresentation of the Trademark or Servicemark and pay applicable fees.Office of the General CounselPatent and Trademark OfficeP.O. Box 15667Arlington, VA 22215An excellent source of information is thepublication, “Basic Facts AboutTrademarks”.

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CHAPTER 3LICENSE & REGULATION REQUIREMENTS

This chapter offers some of the licensing requirements for professions and businesses, as well assome of the environmental protection, health, and sanitation issues regulated by the State ofAlaska. Contact the agencies listed to determine the most current licensing and regulatingrequirements. This section covers state requirements only. Contact your local municipality forany additional licenses required.

ALASKA DEPARTMENT OF

ADMINISTRATION

Alaska Department of Administration,Division of Motor Vehicles1300 W. Benson Blvd. Suite 200Anchorage, AK 99503 3695Phone: (907) 269 5551http://www.state.ak.us/local/akpages/ADMIN/dmv/

Motor vehicle, trailer, or semi trailerdealers must register with the “Division ofMotor Vehicles, Dealer or Buyer's AgentInformation”, give evidence of a $50,000surety bond, and pay a biennial registrationfee of $50. Motorcycle dealers must registerwith Motor Vehicles, give evidence of a$10,000 surety bond, and pay a biennialregistration fee of $50.

Processing time for issuance of a MotorVehicle Dealer or Buyer registrationcertificate may be 4 6 weeks. If you haveany questions regarding Motor VehicleDealer or Buyers Agent licensing, pleasecontact the Dealer/Fleet office at theaddress or telephone number listed below.

If you are interested in an application tobecome a Motor Vehicle Dealer or Buyer'sAgent, please request the applicationthrough the source provided below. Thisdoes not include other licenses orregistrations from other agencies.

Dealer/Fleet Unit Information:Division of Motor VehiclesATTN: DEALER/FLEET1300 West Benson Boulevard Suite 300Anchorage, AK 99503 3691Phone: (907) 269 3755

If you are interested in receiving a packet ofinformation to become a Motor VehicleDealer or Buyers Agent, you must includeyour name and address with your request.


COMMERCE, COMMUNITY, &ECONOMIC DEVELOPMENT

Business Licensing

Alaska Department of Commerce,Community, and Economic Development,Division of Corporations, Business, &Professional Licensing, Business LicensingSectionP.O. Box 110808Juneau, AK 99811 0808Phone: (907) 465 2550Fax: (907) 465 2974http://www.businesslicense.alaska.gov

An “Alaska Business License” is required forall organizations doing business in Alaskaand is obtained from Division ofCorporations, Business & Professional

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Licensing, Occupational Licensing Section(Business Licensing). The cost is $100 eachyear. An Alaska Business License is valid forone or two years, which consists of thecurrent year in which the license is granted,or the current year, plus, all of the nextcalendar year. Alaska Business licensesexpire on December 31st.

In addition to the Alaska Business License,an “Alaska Cigarette and Tobacco ProductsLicense” must be purchased fromDepartment of Revenue, plus, a “TobaccoEndorsement”, if the business incurs sales oftobacco or tobacco related products as aretailer. Look at page two of the BusinessLicense Application, place a checkmark onthe Business License application in the boxlocated next to “Tobacco Endorsement $100each location”, and then enter the numberof locations or outlets The $100 cost is inaddition to the “Alaska Business License”fee.

Occupational and ProfessionalLicenses

Alaska Department of Commerce,Community, and Economic Development,Division of Corporations, Business, &Professional Licensing, ProfessionalLicensingP.O. Box 110808Juneau, AK 99811 0808Phone: (907) 465 2550Fax: (907) 465 2974www.businesslicense.alaska.gov

The Division of Corporations, Business &Professional Licensing, ProfessionalLicensing Section (Professional LicensingSection) provides verification ofqualifications of persons engaged in variousoccupational and professional vocations.The Professional Licensing Section providesinformation to those persons seekinglicensing in the State of Alaska, and

investigates and enforces the statutesgoverning the various boards. Professionalcategories licensed through the ProfessionalLicensing Section include:

Acupuncturists;Architects, Engineers, and LandSurveyors;Audiologists and Speech LanguagePathologists;Barbers and Hairdressers;Big Game Commercial Services Board;Chiropractic Examiners;Collection Agencies;Concert Promoters;Construction Contractors;Dental Examiners;Dieticians and Nutritionists;Dispensing Opticians;Electrical Administrators;Euthanize Domestic Animals;Geologists;Guardians and Conservators;Hearing Aid DealersHome Inspector;Marine Pilots;Marital and Family Therapy;Mechanical Administrators;Medical Board;Morticians;Naturopathy;Nurse Aide Registry;Nursing;Nursing Home Administrators;Optometry;Pharmacy;Physical/Occupational Therapy;Professional Counselors;Psychologist and PsychologicalAssociate;Public Accountancy;Real Estate Appraisers;Real Estate Commission;Social Work Examiners;Underground Storage Tank Worker;and,Veterinary Examiners.

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A “Continuing Education Requirement” forreal estate licensees began July 1, 1998.Before a license can be renewed, real estatelicensees must complete:

1. An 8 hour continuing education corecurriculum, identified by the Real EstateCommission, that stresses currenttrends in real estate practices andchanges in state, federal and case law inthe areas of real estate sales, propertymanagement, community associationmanagement or commercial sales.

2. 12 contact hours of continuingeducation in elective topics that meetthe requirements designated in “12 AAC64.500(a)”.

Insurance Producers LicensingRequirements

Alaska Department of Commerce,Community, and Economic Development,Division of Insurance:http://www.commerce.state.ak.us/insurance/

Juneau OfficeP.O. Box 110805Juneau, AK 99811 0805Phone: (907) 465 2515Fax: (907) 465 3422TDD: (907) 465 5437

Anchorage Office550 W. 7th Ave., Suite 1560Anchorage, AK 99501 3567Phone: (907) 269 7900Fax (907) 269 7910TDD (907) 465 5437

Producers (agents and brokers), adjusters,and other license types require passage ofan Alaska examination or certification fromthe domicile state. There are several typesand classes of licensure available.

According to “3 AAC 23.100 .170”, andeffective June 30, 1998, a licensedinsurance producer must obtain ContinuingEducation before a license will be issued. AContinuing Education Program “CommonlyAsked Questions & Quick Reference” guideis available online. See Website supplied atthe end of this section.

A complete list of licensing forms, bulletinsand additional information is located on theFinancial Examination Sections’ “ProducerLicensing, Viaticals & TPAs” Website:

1033 Consent;Adjuster Information;Credit;Exemption Forms;Fingerprinting;Managing General Agent;Motor Vehicle Rental Car Licensing;Reinsurance Intermediary Managerand Broker Information;Surplus Lines Broker Information;Testing;Third Party Administrator Information;Viatical Settlement Representative,Broker and Provider Information, andEducation.

Insurance Company LicensingRequirements

Alaska Department of Commerce,Community, and Economic Development,Division of Insurance, FinancialExamination Section550 W. 7th Ave., Suite 1560Anchorage, AK 99501 3567Phone: (907) 269 7906Fax: (907) 269 [email protected]

Insurance companies are required to obtaina “Certificate of Authority” from Division ofInsurance, Financial Examination Section

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prior to conducting the business ofinsurance within the State of Alaska, or,prior to insuring residents, located inAlaska; however, there are some exceptionsto this rule. The Financial ExaminationSection accepts the “Uniform Certificate ofAuthority Application” only. Use thewebsite supplied at the end of this sectionfor obtaining the form, and forminstructions.

ALASKA DEPARTMENT OF FISHAND GAME

Commercial Fisheries EntryCommissionAS 16.43

Alaska Department of Fish and Game,Commercial Fisheries Entry CommissionP.O. Box 110302Juneau, AK 99811 0302Phone: (907) 789 6150/6160Fax: (907) 789 6170http://www.cfec.state.ak.us/[email protected]

The Commercial Fisheries Entry Commission(“CFEC”) issues commercial fishing permits,commercial vessel licenses, and sport(charter) vessel licenses. All individualsparticipating in commercial fisheries, asgear operators must obtain either aninterim use or limited entry permit for eachfishery in which they are involved. A permitalso authorizes the holder to participate asa crewmember in other commercialfisheries. Additionally, vessels used incommercial fisheries must have acommercial vessel license. Licensing ofcrewmembers that are not permit holders ishandled by the Alaska Department of Fishand Game (“ADF&G”).

Limited Entry PermitsAS 16.43

“Limited Entry Permits” (Permits) arerequired for those fisheries that have beenplaced under entry limitation. This includesall salmon fisheries; most Herring fisheries;the Herring Spawn on Kelp pound fisheriesin Prince William Sound, Togiak, andNorthern and Southern Southeast; theSablefish longline and pot fisheries; the KingCrab and Tanner Crab pot fisheries inSoutheast Alaska; the Dungeness Crabfisheries in Southeast Alaska and Cook Inlet;the Shrimp pot, Beam and Otter Trawlfisheries in Southeast Alaska; and the SeaUrchin, Geoduck, and Sea Cucumber divefisheries in Southeast Alaska. Initialeligibility to receive the Permit isdetermined by a point system, which ranksapplicants based upon previousparticipation in the fishery. The only otherway to obtain a Permit is by transfer froman existing permit holder by gift,inheritance, or purchase. Permit valuesrange from approximately $2,500$312,900, depending upon the fishery.

Lists of permits available for transfer areavailable from CFEC. In addition to anyinitial cost of obtaining a Permit by transfer,new legislation “SB93 An Act Relating toCommercial Fishing Permit and VesselLicense Fees; and Providing for an EffectiveDate” requires permit holders to pay anannual renewal fee to the state of $75$3,000 each year.

Interim Use PermitsAS 16.43

An “Interim Use Permit” is required toparticipate in any commercial fishery in theState of Alaska that is not under limitedentry. Applicants may apply on an annualbasis by completing a “Commercial FishingPermit Application”.

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Prior to limitation of entry, CFEC or theAlaska State Legislature may adopt amoratorium on new entrants into a fishery.During a moratorium, only eligibleapplicants may be issued interim usepermits in the fishery.

The annual fee for interim use permitsranges from $50 to $750, depending uponthe fishery.

Commercial Vessel LicensesAS 16.05.490

A “Commercial Vessel License” is requiredfor all vessels used for commercial fishing orrelated activities, which include tenders,packers, freezers, canners, sport fishingcharter vessels, and commercial fishingvessels. Based on SB93, each vessel mustbe licensed annually by submitting anapplication for a “Commercial VesselLicense” with the applicable fee. Beginningin calendar year 2006, the annual licensefees are charged according to the overalllength of the vessel as defined by theUnited States Coast Guard, and range from$24 to $900.

Administrative Services Division

ADF&G HeadquartersP.O. Box 115525Juneau, AK 99802 5525Phone: (907) 465 6085Fax: (907) 465 6078

ADF&G Region 1P.O. Box 110020Douglas, AK 99824 0020Phone: (907) 465 4293Fax: (907) 465 2628

ADF&G Region 2333 Raspberry RoadAnchorage, AK 99518 1599Phone: (907) 267 2100Fax: (907) 267 2419

ADF&G Region 31300 College RoadFairbanks, AK 99701 1599Phone: (907) 459 7200Fax: (907) 452 4841

Hunting & Fishing LicensesCommercial Crewmember LicensesKing Salmon StampsBig Game TagsState of Alaska Duck StampsBig Game Drawing Permits (availableMay 1 May 31 and November 1December 6)Southeast Subsistence/Personal UseSalmon PermitJuneau Area King Crab PermitsMcNeil River State Game SanctuaryViewing Access PermitSport Fish Business Owner and GuideLicense

Crewmember LicensesAS 16.05.480

“Crewmember Licenses” are required for allindividuals who assist in the operation ofcommercial fishing gear or who crew ontenders, processors, or other floating craftused in transporting fish. (Permit holders donot have to obtain crewmember licenses.)“Crewmember Licenses” are issued byADF&G, and may be obtained from them orfrom vendors of Fish and Game licensesthroughout the state, at a cost of $60 forAlaska residents and $125 for nonresidents.

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Management and Regulation ofCommercial Fisheries

AS 16.05

Commercial fisheries under the State ofAlaska’s jurisdiction are subject toregulation by ADF&G and the Alaska Boardof Fisheries. Information on regulationspertaining to specific fisheries, includingsuch things as vessel and gear restrictionsand times and areas of fishery openings andclosures, should be obtained from yourlocal office of ADF&G.

Some Alaska fisheries, particularly fisheriesin waters more than three miles from shore,are managed and licensed by the federalgovernment. Information about suchfisheries may be obtained by contacting the“National Marine Fisheries Service”.

Alaska Department of Laborand Workforce Development

Alaska Department of Labor andWorkforce Development, Division of LaborStandards and SafetyP.O. Box 111149Juneau, AK 99811 1802Phone: (907) 465 4855Fax: (907) 465 6012http://labor.state.ak.us/lss/home.htm

Occupations and Requirements:

The “Directory of Occupations Requiring aLicense” (Occupations Directory) is anonline, complete list of occupations, whichrequire a license issued by Federal and StateAgencies, the Municipality of Anchorage,the City of Fairbanks, and the City andBorough of Juneau. If you require moreinformation on the requirements for aparticular occupation and it is not listed inthe next section, refer to the online

directory for additional occupations andinformation. The Occupations Directory isupdated annually. Refer to the "lastupdated" at the bottom of each occupationfor the month and year the file was lastupdated. Persons interested in becominglicensed for a particular occupation shouldcontact the appropriate agency for morespecific information. Those who wish to belicensed in a municipality other thanAnchorage, Fairbanks, or Juneau shouldcontact the appropriate city clerk's officefor information regarding local licensingrequirements.

License fees listed for each occupation aresubject to change. Please contact theappropriate agency to obtain current feeinformation. The figures given for thenumber of current license holders includeboth active and inactive.

Mechanical Inspection Office3301 Eagle Street Suite 302Anchorage, AK 99503 4149Phone: (907) 269 4925Fax: (907) 269 4932anchorage.lss [email protected]: (907) 465 4871Sitka: (907) 747 6380Fairbanks: (907) 451 2887

Wage & Hour Administration3301 Eagle St, Suite 301Anchorage, AK 99503Phone: (907) 269 4901Fax: (907) 269 4915anchorage.lss [email protected]: (907) 465 4842juneau.lss [email protected]: (907) 451 [email protected]

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ALASKA DEPARTMENT OF PUBLICSAFETY

Alcoholic Beverage Control BoardAS 04.11

Anchorage Office:5848 East Tudor RoadAnchorage, AK 99507Phone: (907) 269 0350Fax: (907) 272 9412http://www.dps.state.ak.us/abc/

Juneau Office:2760 Sherwood LaneJuneau, AK 99801Phone: (907) 465 2330Fax: (907) 465 2389

Fairbanks Office:1979 Peger RoadFairbanks, AK 99709Phone: (907) 451 2030Fax: (907) 451 5317

Liquor Licenses

Under Alaska Statute, Title 4, entitled“Alcoholic Beverages”, holders of liquorlicenses in Alaska pay a biennial liquorlicense fee to the “Alcoholic BeverageControl Board” (ABC Board). The ABCBoard’s main office is located in Anchoragewith field offices located in Juneau andFairbanks. Biennial license fees for publicliquor establishments vary from $600 to$2500. Applications for new licensesrequire a $100 processing fee and renewalsrequire a $200 filing fee. There are 19 typesof licenses and permits. All licenses areissued for two calendar years. Wholesalelicense holders pay a minimum license feeof $400 for malt and wine beverages and$2,000 minimum for all alcoholic beverages.Wholesale licensees additionally pay $300to $10,000 annually depending on business

transacted during the year. A 1993amendment to AS 4 requires all licenseholders, and anyone employed to sell orserve alcoholic beverages, to take anapproved alcohol server education course.For more information on this course pleasecontact the ABC Board at one of thelocations listed above.


REVENUE

Alaska Department of Revenue, TaxDivisionP.O. Box 110420Juneau, AK 99811 0420Phone: (907) 465 2320Fax: (907) 465 2375http://tax.alaska.gov/

Fisheries Business LicenseAS 43.75

A “Fisheries Business License” is required if aperson/company is processing a fisheriesresource inside the state or exporting anunprocessed fisheries resource from thestate for purposes of resale. Applicantsmust estimate fisheries business taxes forthe year and secure this estimate. The feefor a Fisheries Business License is $25.00and the license year runs from January 1through December 31.

A “Fisheries Business Tax Return” is due byMarch 31 of the following year.

Direct Market License

Beginning in 2005, fishermen may obtain a“Direct Marketing Fisheries BusinessLicense” instead of the standard FisheriesBusiness License. The new Department ofRevenue license type is for individualfishermen exporting their catch

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unprocessed, or processing a fishery at ashore base plant or on board their ownvessel. To be eligible for the “DirectMarketing Fisheries Business License” theindividual must:

Hold a Limited Entry or Quota SharePermit.Own or lease a commercial fishingvessel not exceeding 65 feet inlength.

Salmon Enhancement TaxAS 43.76

The “Salmon Enhancement Tax” is anelective tax levied on salmon sold in orexported from established regionalaquaculture associations in Alaska.Commercial fishers in each region elect topay a 2% or 3% tax based on the value ofsalmon sold in or exported from that region.Fishers pay salmon enhancement taxes toprocessors at the time of sale or toDepartment of Revenue for salmonexported from the region. Processors remittaxes collected from fishers to Departmentof Revenue at the address provided above.

Buyers:Holders of a “Fisheries Business License”that purchase salmon must collect theSalmon Enhancement Tax and file on amonthly basis using the “SalmonEnhancement Tax Return”.

Holders of a “Fisheries Business License”must file a bonus return when a LimitedEntry Permit holder (as defined under AS16.43) receives end of season settlement orbonus payments for salmon previouslyacquired by the buyer.

Fishers:Fishers (including holders of a “DirectMarketing Fisheries Business License”) thatsell to unlicensed buyers in the State of

Alaska, or that export salmon from anaquaculture region, must pay the tax andfile the “Salmon Enhancement Tax Return”annually before April 1st of the followingyear.

Exempt purchases:Salmon purchased from governmentagencies, salmon hatcheries, fishing derbyassociations, and other organizations with“special use permits” are not subject to the“Salmon Enhancement Tax”.

Surety BondingAS 44.25.040

A $10,000 “Primary Fish Buyers and FishProcessors Bond” must be provided if theperson/company is buying any fisheriesresource from fishermen OR hiring anyprocessing employees. The bond remains inplace for two years, unless a claim is filedagainst the “Primary Fish Buyers and FishProcessors Bond”, in which case it remainsin place for five years. There is no fee forthis certification. Processors, that process30,000 pounds or less of fish, or buyers thatpurchase $30,000 or less of fish, need toprovide only a $2,000 bond.

Cigarettes and Tobacco ProductsLicenseAS 43.50

Cigarettes:The “Cigarette Tax Act” requires the firstperson that imports, manufactures, sells,purchases, possesses or acquires cigarettesin Alaska, upon which the “Cigarette andTobacco Products Tax” has not been paid, isrequired to obtain an “Alaska Cigarette andTobacco Products License” from DOR. Thisincludes individuals who import cigarettesfor their own consumption. The “AlaskaCigarette and Tobacco Products License” ispaid through the purchase of Cigarette Tax

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Stamps. An “Alaska Cigarette and TobaccoProducts License” allows a person topurchase and affix tax stamps.

“Other” Tobacco Products:The person that imports, manufactures, oracquires other tobacco products for sale,must first obtain an “Alaska Cigarette andTobacco Products License” fromDepartment of Revenue. The “Cigaretteand Tobacco Products Tax” is required to bepaid by the end of the month following themonth in which the other tobacco productswere imported into the state for sale.

Each applicant must file monthly “Cigaretteand Tobacco Products Tax” returns and paythe tax due. The license year runs from July1 through June 30 the following year. Thelicense fee is $50 for all businesses and $25for individuals who import cigarettes fortheir own consumption.

Alaska Mining LicenseAS 43.65

A person engaged in one or more of thefollowing activities in the State of Alaska isin the business of mining and must obtainan “Alaska Mining License” and file an“Alaska Mining License Tax Return”:

A Person owning and operating amining property;A person owning a mining property andreceiving lease or royalty paymentsbased on production from the property;A person leasing a mining property fromanother person and operating theproperty, orA person possessing a mineral interest,whether an economic or a productioninterest, in a producing property,including royalty, working or operatinginterests, net profits, overridingroyalties, carried interest, andproduction payments.

The “Sand/Gravel Mining License” year runsfrom May 1 through April 30 of thefollowing year. There is no fee due toDepartment of Revenue for this license.

An “Alaska Mining License Tax Return” isdue by the last day of the fourth month ofthe following year.

The Department of Natural Resourcesissues the “Placer Mining License”. TheDepartment of Revenue issues the“Sand/Gravel Mining License”.

Qualified Dealer License – MotorFuel

AS 43.40

To purchase or sell tax exempt fuel as aqualified dealer, a person must hold acurrent Motor Fuel Excise Tax “QualifiedDealer License” issued by Department ofRevenue. A Motor Fuel Excise Tax“Qualified Dealer Bond” equal to twice theaverage monthly excise taxes, but in no caseless than $5,000, must be provided toDepartment of Revenue. Each Motor FuelExcise Tax Qualified Dealer must filemonthly returns and pay any tax due. Nolicense fee is required.

Manufacturer’s Permit – AlcoholicBeveragesAS 43.60

Every distillery, brewery, or winery thatmanufactures alcoholic beverages in thestate for sale must obtain a license fromDepartment of Revenue and post an“Alcoholic Beverages Surety Bond” in theamount of $25,000. An alcoholic beveragemanufacturer may obtain a permit in lieu ofthe $25,000 Alcoholic Beverages SuretyBond if the “Alcoholic Beverages Tax” ispaid before shipment. Each manufacturermust file monthly tax returns and pay any

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tax due. The license year runs from July 1through June 30 of the following year. Nolicense fee is required.

Bonded Warehouse LicenseAlcoholic Beverages

AS 43.60

Every person who imports alcoholicbeverages into Alaska must pay the tax onthe alcoholic beverages at the time they areimported unless the alcoholic beverages areplaced in a “State Bonded Warehouse”.

No one may operate or advertise analcoholic beverage warehouse as a “StateBonded Warehouse”, unless the warehouseis bonded and has obtained the StateBonded Warehouse License fromDepartment of Revenue.

An “Alcoholic Beverages Warehouse Bond”,which guarantees payment of the alcoholicbeverage excise tax, is required. Eachwarehouse must file monthly tax returnsand pay any tax due. The license year runsfrom July 1 through June 30 of the followingyear. No license fee is required.

NATIONAL OCEANIC AND

ATMOSPHERIC ADMINISTRATION,NATIONALMARINE FISHERIES

SERVICE

National Marine Fisheries ServicesP.O. Box 21668Juneau, AK 99802 1668Phone: (907) 586 7221Fax: (907) 586 7249http://www.fakr.noaa.gov/default.htm

Administration

The National Oceanic and Atmospheric

Administration (NOAA), National MarineFisheries Service (NMFS) is responsible forconservation and management of certainliving marine resources of Alaska, includingfish and marine mammals and theirhabitats. The Alaska Region liaisons withthe North Pacific Fishery ManagementCouncil, the U.S. Forest Service, U.S. CoastGuard, the Department of State (forinternational fisheries management),ADF&G as well as other Federal and State ofAlaska agencies.

Alaska Federal FisheriesManagement; Sustainable Fisheries

Division

Phone: (907) 586 7228Fax: (907) 586 7249http://www.fakr.noaa.gov/sustainablefisheries/default.htm

The “Alaska Federal Fisheries ManagementSustainable Fisheries Division” activity is

directed at drafting, reviewing, andevaluating proposed fishery managementplans, amendments, and theirimplementing regulations. It is also directedat in season fisheries management in whichtotal catch amounts of directed andincidentally caught fish species aremonitored, resulting in fishery closuresonce quotas are reached.

Habitat Conservation Division

Phone: (907) 586 7636Fax: (907) 586 7358http://www.fakr.noaa.gov/habitat/default.htm

The “Habitat Conservation Division” (HCD)works in coordination with industries,stakeholder groups, government agencies,and private citizens to avoid, minimize, oroffset the adverse effects of humanactivities on Essential Fish Habitat (EFH) and

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living marine resources in Alaska. This workincludes conducting and/or reviewingenvironmental analyses for a large varietyof activities ranging from commercial fishingto coastal development to largetransportation and energy projects. HCDidentifies technically and economicallyfeasible alternatives and offers realisticrecommendations for the conservation ofvaluable living marine resources. HCDfocuses on activities in habitats used byfederally managed fish species locatedoffshore, near shore, in estuaries, and infreshwater areas important to anadromoussalmon.

Habitat conservation activity is directed atthe review of proposed constructionprojects in navigable waters that requirepermits from the U.S. Army Corps ofEngineers or for wastewater discharges thatrequire permits from the “United StatesEnvironmental Protection Agency”. It is alsodirected at reviews of “NationalEnvironment Policy Act of 1969”documents, e.g. environmental impactstatements and environmentalassessments, for all Federal or State ofAlaska activities that could adversely affecthabitat. Other Federal, State of Alaska,local, and Native entities are contracted forpurposes coordinating this activity. Theresults of this activity have impacts onindividuals and corporations involved inmining, fishing, timber, and oil/gasdevelopment.

Protected Resources Division

Phone: (907) 586 7236Fax: (907) 586 7012http://www.fakr.noaa.gov/protectedresources/default.htm

The “Protected Resources Division (PRD)”,with offices in Juneau and Anchorage, isresponsible for developing management

and conservation programs for all but threespecies of marine mammals in Alaska, andfor providing regional policy guidance onmarine mammal and other protectedspecies issues. In administering provisionsof the Marine Mammal Protection Act(MMPA), the Endangered Species Act (ESA),the Fur Seal Act, and the Magnuson StevensFishery Conservation Act, the biologists andstaff of the PRD work with other NMFSoffices to develop regulations andmanagement measures to protect, conserveand restore marine mammal populations.

Protected resources management activity isdirected at management of certain marinemammals and endangered species inAlaskan waters. Other Federal, State ofAlaska agencies, and Native entities arecontacted for the purpose of coordinatingthis activity. It also includes review ofcoastal development activities that couldaffect marine mammals. This activity is alsodirected at maintenance of fur sealrookeries and facilities on the PribilofIslands.

Restricted Access Management

Phone: (907) 586 7474Fax: (907) 586 7354http://www.fakr.noaa.gov/ram/webapps.htm

“Restricted Access Management” activity isdirected at management of an IndividualFishing Quota (IFQ) program for halibut andsablefish in and off Alaska’s coast. Underthis program, qualifying fishermen andcorporations are awarded annual IFQamounts based on a defined catch history.This activity is also directed at monitoringdaily halibut and/or sable fish catches byIFQ holders and approval of transfersamong IFQ holders.

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CHAPTER 4LABOR LAWS

If you intend to employ workers, this is a crucial chapter. Chapter 4 provides guidelines for theemployer, but should not be used as a substitute for the law. Contact the Department of Laborto ensure compliance with state and federal laws.

Alaska labor laws are patterned after federal labor laws. The minimum hourly wage is $0.50above the federal minimum. Standard work day and week, manpower training programs, lawspertaining to public contracts, industrial safety regulations, child labor laws, equal work, anddiscrimination in employment are either modeled after or closely resemble federal regulations.Regulations for both federal and state laws should be followed.

WHO ARE EMPLOYEES?

Internal Revenue Services (IRS)949 East 36th AvenueAnchorage, AK 99508Phone: (907) 271 6391

Employees can be defined either undercommon law or under special statutes forspecial purposes.

Specific definitions of employees apply for“Social Security” and “FederalUnemployment Tax Act” (FUTA) taxpurposes. See “IRS” publications listedbelow for further details:

“IRS Publication 15, (Circular E)Employer’s Tax Guide”

“IRS Publication 15–A Employer’sSupplemental Tax Guide”

Employment Status under CommonLaw

Anyone who performs services is anemployee if you, as an employer, cancontrol what will be done and how it will bedone. This is so even when you give theemployee freedom of action. What matters

is that you have the legal right to controlthe method and result of the services.

Generally, people in business forthemselves are not employees. Forexample, doctors, lawyers, veterinarians,construction contractors, and others in anindependent trade in which they offer theirservices to the public are usually notemployees.

If an employer employee relationshipexists, it does not matter what it is called.The employee may be called a partner,agent, or independent contractor. It alsodoes not matter how payments aremeasured or paid, what they are called, orwhether the employee works full or parttime. There is no employee classdifference. An employee can be asuperintendent, manager, or supervisor.Generally, an officer of a corporation is anemployee, but a director is not. An officerwho performs no services or only minorones, and who neither receives pay nor isentitled to receive pay of any kind is notconsidered an employee.

Whether an employer employeerelationship exists under the usual commonlaw, rules will be determined when there isany doubt by the facts in each case.

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If you have a reasonable basis for treating aworker other than as an employee, you willnot be liable for employment taxes on thepayments to that worker. To get this relief,you must file all required federal taxreturns, including information returns (“IRSForm 1099 MISC Miscellaneous Income”),on a basis consistent with your treatment ofthe worker. You (or your predecessor) mustnot have treated any worker holding asubstantially similar position as anemployee for any period after 1977.

This relief is not available to a business thatfurnishes technical service specialists (e.g.,engineers, computer programmers, andsystems analysts) to clients. In these cases,the employment relationship between thebusiness and the technical service specialistwill be determined under common lawrules.

Statutory Employees

If someone who works for you is not anemployee under the common law rulesexplained above, do not withhold federalincome tax from his or her pay. Although,they are not common law employees,statutory employees are consideredemployees for “Social Security” and“Medicare Tax” purposes, and under certainconditions, for Federal Unemployment TaxAct (FUTA) purposes. See “IRS Publication15–A Employer’s Supplemental Tax Guide”to test if your worker is an employee. If youwant the IRS to determine whether aworker is an employee, file “IRS Form SS 8Determination of Worker Status forPurposes of Federal Employment Taxes andIncome Tax Withholding”.

Statutory Non employees

Direct sellers and qualified real estateagents are by law considered nonemployees. They are treated as self

employed for income and employment taxpurposes. See “IRS Publication 15–AEmployer’s Supplemental Tax Guide” fordetails on these two groups

Treating Employees as NonEmployees

You will be liable for employee IndividualIncome Tax, Social Security and Medicaretaxes, if you don’t deduct and withholdthese taxes because you consider anemployee as a non employee. See “IRCSection 3509 Determination of Employer’sLiability for Certain Employment Taxes” fordetails.

For further information, obtain “IRSPublication 3207 The Small BusinessResource Guide”. This compact disk (CD)contains comprehensive informationorganized around the life cycle of abusiness.

Who is an Employer?

Alaska Department of Labor andWorkforce Development, WorkforceDevelopment (DOLWD), EmploymentSecurity Tax:P.O. Box 115509Juneau, AK 99811 5509Phone: (907) 465 2757Fax: (907) 465 2374http://www.labor.state.ak.us/estax/home.htm

For Unemployment Insurance Tax purposes,any person, firm, corporation, limitedliability company, or other type oforganization that hires one or moreindividuals to perform services for themduring any portion of a day is an employer.In addition, an organization (or person) is anemployer if it has employees and does anyof the following:

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Acquires a business or substantially allthe operating assets of a business thatwas an employer at the time of thepurchase;Forms a business by merging oraffiliating two or more employers.Forms a joint venture between twoexisting employers;Is a Nonprofit organization exemptfrom income tax under “IRC 501(a)” or“IRC 501(c)(3)”; andPays $250 or more in a calendarquarter; orHave four or more employees, atthe same or different times, forsome portion of a day in each of 20not necessarily consecutive weeksin the current or preceding calendaryear.

Is a political subdivision, such as theState of Alaska (including its agencies,boards, departments, hospitals, andinstitutions of higher education),municipalities, and their agencies, andVoluntarily elects coverage under the UIprogram even though not required bylaw to participate. Such elections, whenapproved, are binding for the remainderof the calendar year in which anelection is received and two additionalyears.

Generally, an employer is a person ororganization for which a worker performs aservice as an employee. The employerusually gives the worker the tools and placeto work, has the right to fire the worker,and has the right to exercise the necessarycontrol, whether or not the right isexercised. A person or organization payingwages to a former employee after the workends is also considered an employer.

Fishing and Maritime Employers

Fishing operations are excluded underAlaska law when there are less than 10

crewmembers and the crew is paid on ashare basis. Tender operations and fishprocessing wages, however, are reportable.Special regulations govern operating crewson American vessels. Some of the factorsconsidered in these situations include theemployers’ place of business and whetherthe operation is inside or outside the threemile limit for Alaska waters. Questionsregarding fishing and maritime issuesshould be referred to the field auditor thathandles the employer’s zip code area bycalling toll free 888 448 2937.

UNEMPLOYMENT INSURANCEPROGRAM

The Unemployment Insurance program is afederal/state system designed to providepartial wage loss compensation to workerswho have lost their jobs but are able,available, and willing to work. Benefits arebased on wages paid in coveredemployment during the worker’s baseperiod, consisting of the first four of the lastfive completed calendar quartersimmediately preceding the quarter in whichthe claim for benefits is filed.

Coverage

In general, unless a specific exclusion existsunder Alaska law, individuals, companies,and organizations employing one or moreworkers for any part of a day within acalendar year are liable for contributions(taxes) under the “Alaska EmploymentSecurity Act”.

Voluntary Coverage

Employers not liable under the “AlaskaEmployment Security Act” may apply forvoluntary coverage. Such elections, whenapproved, are binding for the remainder of

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the calendar year in which it is received andtwo additional years thereafter. The“Voluntary Election of Coverage forExcluded Employment” application must besubmitted prior to or within the quarterwages are first paid, for all services forwhich coverage is requested and continuesin effect on a yearly basis until either you orthe agency terminates the agreement inwriting before March 15 of the year forwhich the termination is requested.

Coverage of Corporate Officers

Payment for services of executive officers ofan Alaska corporation, incorporated under“AS 10.06, Alaska Corporations Code”, isexempt from coverage. This includespayment for all work done by all executiveofficers described in the organization’s bylaws, i.e. President, Vice President,Secretary, and Treasurer. The employermay elect coverage for services performedby these officers.

Sole Proprietors, Partners andLimited Liability Companies

Sole proprietors, partners, and members ofan LLC are not covered for unemploymentinsurance purposes and may not electcoverage.

Wages

Listed below are the most commonexamples of wages that are reportable forUnemployment Insurance tax purposes:

Hourly pay;Salaries;Overtime pay;Back pay and/or overtime paid insettlement of employee claims;Bonuses and lump sum payments;Cash paid instead of fringe benefits;

Cash value of all pay in any mediumother than cash;Commissions;Fringe benefits such as day care, legalservices plan, deferred compensation;Tips (when employees report them tothe employer);Sick leave pay (unless sick leave is paidout of a separate third party fund,which is for that purpose only), andVacation pay.

Excluded Employment

The following are some of the morecommon examples of employment that arenot covered by Unemployment Insurance.Since these are types of excludedemployment, none of these wages shouldbe listed on the 2009 “Alaska QuarterlyContribution Report”.

Service performed for a corporation byan executive officer of the corporation ifthe corporation is incorporated under“AS 10.06, Alaska Corporations Code”(business corporation) or “AS 10.45,Professional Corporations Act”(professional corporation). Note: IfUnemployment Insurance coverage iselected for executive officers of acorporation, all executive officers of thecorporation must be covered as agroup.Service performed by an individual whois employed by a:

Son, daughter, or spouse;Parent or legal guardian if theindividual was under the age of 21years and a full time student duringeight of the last 12 months andintends to resume full time studentstatus within the next four months;Mother or father, if a child underthe age of 18 performs the service.

Parent or child of an employer that is apartnership; however, the parent/child

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relationship must exist between theemployee and all partners.Domestic/child care service in a privatehome except when $1,000 or more ispaid in a calendar quarter.Service performed by an insuranceagent, insurance solicitor, a real estatebroker, a real estate salesperson, orsecurities salesperson whencommission compensates him or her.

WHO FUNDS THE UNEMPLOYMENT

PROGRAM?

Each state is responsible for financingunemployment benefit costs. In Alaska, theemployer pays the main share of the tax,but the employee also contributes.Employers are required to withhold theemployee’s share from earnings.

The employer then submits the total tax atthe end of the calendar quarter. Anemployer who fails to make the deductionsfrom wages of the employee is liable for thepayment of the total contributions due.

Contribution Rates

A rate notice is mailed to each newcontributory employer when an employeraccount is established. A rate notice is alsomailed to all contributory employers priorto January 1, listing the new employer andemployee rate and the new taxable wagebase for the coming calendar year. Morecomplete information is available in the“Alaska Unemployment InsuranceHandbook”.

The three types of employer rates arelisted:

“E” Rate Experience Rate: The “E”rate is the rate assigned to an employer

who has been subject to the “AlaskaEmployment Security Act” for four ormore quarters ending with the June 30computation date and who have filed allreports, and paid all contributions,interest, and penalty required by the“Alaska Employment Security Act”.“I” Rate Industry Rate: The “I” rate isthe rate assigned to a new employer. Itis the rate for employers who have lessthan four consecutive quarters endingwith the June 30 computation date.Employers who are “I” (industry) ratedwill receive an industry average ratethat is equal to the average rate ofeligible employers in the same industry.Employers who do not list their majorbusiness activity on the “AlaskaEmployer Registration Form” will beassigned the highest industry rate.“P” Rate Penalty Rate: The “P” rate isthe highest rate class in the rateschedule and is assigned to employerswho are ineligible for an “E”(experience) rate. This penalty rate isassigned to employers who have notfiled reports, and/or not paid allcontributions, interest, and penalties; orwhose predecessor has not filed all theirquarterly reports and/or not paid allcontributions required by the “AlaskaEmployment Security Act”.

Taxable Wage Base

The taxable wage base, which isrecalculated each year, is 75 percent of theaverage annual wages earned in Alaska.

Unemployment Insurance contributions aredue for each employee up to the amount ofthe taxable wage base. Wages paid to anemployee in excess of the taxable wagebase are still reported and listed on theWage Schedule, but are not taxed.

In a successorship, if an entire organization,

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trade, business, or distinct portion isacquired; the wages paid to an employee bythe predecessor can be combined withwages paid to the employee by thesuccessor for the calendar year of theacquisition to determine the taxable wagebase limitations.

Reimbursable Payment Method

Nonprofit organizations and politicalsubdivisions may elect the reimbursablemethod of payment of UnemploymentInsurance contributions. Employers whochoose the reimbursable payment methodmust be aware of the associated risks. As areimbursable employer, you assume liabilityfor your former employees when thoseworkers draw benefits on wages paid whileworking for you. Reimbursable employerswill pay dollar for dollar on that portion oftheir former employees’ UnemploymentInsurance benefits received that areattributable to those wages earned whileworking for that reimbursable employer.

Election of the reimbursable method ofpayment requires approval from theDepartment of Labor and WorkforceDevelopment, Division of EmploymentSecurity, Employment Security Tax. Thefollowing items must be submitted beforeapproval can be granted:

A completed “Alaska EmployerRegistration Form”;A written notice of the employer’selection to reimburse theUnemployment Insurance trust fund forbenefits paid;A copy of the IRS 501 (c)(3) exemptionletter; andA security deposit.

For additional information on obtaining taxexempt status and the required exemptionletter, obtain “IRS Publication 557 – Tax

Exempt Status for Your Organization” fromthe IRS.

More information regarding thereimbursable method of payment can befound in the “Alaska UnemploymentInsurance Handbook”.

Federal Unemployment Tax Act

Each employer in Alaska is subject to the“Federal Unemployment Tax Act” (FUTA)and must submit “IRS Form 940, EmployersAnnual Federal Unemployment (FUTA) _ TaxReturn” and the proper tax remittance tothe IRS. These funds are used to cover theadministrative costs of the StateUnemployment Insurance Program.

Employers receive a FUTA credit of up to5.4% for the taxes they pay under stateunemployment compensation laws. The fullcredit cannot be claimed unless timelypayment has been made to the state.Federal law establishes the amount of FUTAand the FUTA taxable wage base.Additional information and FUTA tax formsmay be obtained from the IRS.

EMPLOYER RESPONSIBILITIES

Employers are required to:1. Register with Employment Security

Tax;2. Post a “Notice to Employees” poster

in a location accessible to allemployees;

3. Maintain accurate payroll records;4. File Quarterly Contribution Reports;5. Pay Unemployment Insurance taxes;6. Report changes in ownership or

closure of a business;7. Report changes in executive corporate

officers, and8. Report changes in managing members

of a limited liability company.

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1. Employer Must Register

Each employing unit must file an “AlaskaEmployer Registration Form” with theEmployment Security Tax office at the startof business. A tax account number will beassigned to those employers determined tobe liable for payment of UnemploymentInsurance taxes. This number is used toidentify you with Employment Security Tax.

Or, you may obtain the form from any“Employment Security Tax Office”. It isimportant that the registration form befilled out completely. Contribution ratesare assigned based on the informationemployers provide concerning theirbusiness. If this information is notprovided, the employer will be given themaximum rate allowed by law for thecalendar year.

When an employer purchases or otherwiseacquires substantially all of the operatingassets of a business, the payroll records ofthe seller/predecessor will transfer to thebuyer/successor for purposes of ratedetermination. The buyer becomes thesuccessor to the seller (or predecessor).There are two types of successoremployers:

Employer at the time of acquisitions,andNot an employer at the time ofacquisition.

Employers who are purchasing or acquiringa business should refer to the informationprovided on responsibilities of successors,located on pages twenty five throughtwenty six in the “Alaska UnemploymentInsurance Handbook”.

Alaska Department of Labor andWorkforce Development, EmploymentSecurity TaxP.O. Box 115509Juneau, AK 99811 5509Phone: (907) 465 2757Fax: (907) 465 2374http://www.labor.state.ak.us/estax/home.htm

2. Notice to Employees

Once a tax account is established, anemployer will receive a blue poster entitled,“Notice to Employees”. This poster isrequired to be posted in a place convenientfor all employees to read. The noticeadvises employees that they are covered forUnemployment Insurance, and also advisesemployees how to file for a refund of excesstaxes withheld if they had two or moreemployers and were paid more than thetaxable wage base.

3. Maintain Payroll Records

All employing units must establish,maintain, and preserve payroll records forfive years for each employee. Records mustbe open to Employment Security Tax forinspection and may be copied by thedepartment at any reasonable time.Information obtained from the employingunit will be kept confidential.

4. & 5. Contribution Reports

“Alaska Quarterly Contribution Reports” areto be filed on a quarterly basis thisincludes the completion of the WageSchedule on the second half of the sheet.“Instructions for completing the AlaskaQuarterly Contribution Report” are availableonline or contact Employment Security Taxat the previously provided mailing address.

“Alaska Quarterly Contribution Reports” are

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due on the last day of the month followingthe end of the calendar quarter.Approximately two weeks prior to the closeof each quarter, “Alaska QuarterlyContribution Reports Form TQ01C 09”, aremailed to all active employers. Employersmust file them whether they received theirform in the mail or not. If the form has notbeen received, the employer should contactEmployment Security Tax prior to the duedate of the report to avoid penalty charges.

The “Alaska Quarterly Contribution Report”is completed each quarter, even if anemployer does not have employees.

No Employees to Report? Write on thereport, “No Employees”, and then signand date the form and mail it toEmployment Security Tax by the duedate.Employees to Report? The bottomportion, or “Wage Schedule”, of the“Alaska Quarterly Contribution Report”provides space to list each employee’ssocial security number, name, totalreportable wages paid, occupationaltitle or code, and area code. The topportion of the “Alaska QuarterlyContribution Report” is for listing totaland taxable wages and computing theamount of taxes due.

“Alaska Quarterly Contribution Reports”and/or payments should be mailed to theDepartment of Labor and WorkforceDevelopment, Employment Security TaxDivision:P.O. Box 115509Juneau, AK 99811 5509

“Alaska Quarterly Contribution Reports”may also be filed on line. Payments for anyreport filed on line will need to be mailed tothe address provided above.

Estimated Reports

If an employer fails to file an “AlaskaQuarterly Contribution Report”,Employment Security Tax will file anestimated report on their behalf and assessa tax due based on that estimated report.The contributions due on the Notice ofAssessment (for additional information, seepage thirty two of the “AlaskaUnemployment Insurance Handbook”), forthe estimated report are legally collectible.

If the Notice of Assessment indicates thatthe balance due is based upon an estimatedreport, filing the factual contribution reportand paying the contribution, interest, andpenalties due will stop further collectionaction. If an employer’s records show thatthe report was filed and contributions werepaid when due, the employer shouldcontact a Security Tax Office. An estimatedreport does not take the place of theemployer’s factual report for ratingpurposes. An employer will receive apenalty rate as long as an estimated reportremains on file.

Interest & Penalties

An employer who fails to file an “AlaskaQuarterly Contribution Report” when it isdue will be charged a penalty of 5 percentof the contribution due for each 30 dayperiod or fraction of a 30 day period thatthe report is late. The maximum penalty is25 percent of the contributions due. Theminimum penalty is $10.

If contributions are not paid on the datedue, the amount remaining unpaid accruesinterest at 12 percent per year. Interestcontinues to accrue until payment isreceived for the full amount due.

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6. Report Changes in Ownership

Using the “Alaska Quarterly ContributionReport Change Notification Sheet”,employers must notify the “EmploymentSecurity Tax Division” if they terminatebusiness or cease employing workers. If thebusiness is to be sold or leased, the nameand address of the successor must be givenas well as the date of the transaction.

7. Successor in Business

When an employer purchases or otherwiseacquires substantially all of the operatingassets of a business, the payroll records ofthe seller/predecessor will transfer to thebuyer/successor for purposes of ratedetermination. In addition, the successor(buyer) should withhold enough purchasemoney to cover the amount of taxes dueand unpaid until the seller produces areceipt from Employment Security Taxshowing the taxes are paid in full. If thebuyer fails to withhold purchase money asrequired, and the taxes are not paid within10 days, the buyer is liable for the paymentof the seller’s unpaid taxes.

Additional information on successors inbusiness is available on pages twenty fivethrough twenty six in the “AlaskaUnemployment Insurance Handbook”.

Contract and Casual Labor

Contract labor is a term commonly used byemployers to describe a worker who is“independent”, i.e., not an employee.Alaska Statutes require close scrutiny of therelationship between the employer and thecontract laborer to determine forUnemployment Insurance tax purposeswhether the worker is an employee. AlaskaStatutes provide three conditions that mustbe met to be excluded from coverage (see1. – 3. provided below). It is in the

employer’s best interest to understandthese provisions of the law. Failure toreport a contract laborer who does notmeet all the conditions may result inadditional taxes, interest, and penalties toan employer.

Agreements and contracts are not sufficientto alter the real status or relationshipbetween the employer and the worker.According to AS 23.20.295, coverage underthe “Alaska Employment Security Act” maynot be waived. In other words, an employeror employee cannot decide that the workeris an independent contractor, responsiblefor his/her own taxes, unless the legalconditions are met.

To qualify as an independent contractor, allthree of the following conditions must bemet, whether or not the common lawrelationship of master and servant exists:1. The worker must be free from

direction and control or the right to bedirected or controlled.

2. The service performed must not be inthe employer’s usual course or placeof business.

3. The worker must be customarilyworking in an independent trade orbusiness of the same nature.

For a complete discussion of the abovethree criteria, refer to the “AlaskaUnemployment Insurance Handbook” or the“Do You Have Contract Labor?” brochure.

Alaska does not have a law that specificallyaddresses casual labor. If a workerperforms service that is part of anemployer’s business, the wages arereportable regardless of how short the timeworked or how little wages were paid.Workers substituting for regular staff orworking part time are to be reported forUnemployment Insurance tax purposes.

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Tax Handbook for Employers

The “Alaska Unemployment InsuranceHandbook” is available for employers andcontains Alaska Employment Security Taxinformation that will help employers,accountants, and bookkeepers understandAlaska’s employer tax system. Thishandbook is automatically sent to all newemployers. Others may request a copy bycontacting Employment Security Tax.

Office Locations

Questions, requests for forms and the“Alaska Unemployment InsuranceHandbook”, or other correspondence,including account adjustment requests, maybe sent to any of the following addresses:

Alaska Department of Labor andWorkforce Development, EmploymentSecurity TaxP.O. Box 115509Juneau, AK 99811 5509Phone: (907) 465 2757Fax: (907) 465 2374http://www.labor.state.ak.us/estax/home.htm

Field Tax Offices are located in Anchorage,Fairbanks, Juneau, Kenai, and Wasilla. EachField Tax Office is staffed with Field Auditorsand support staff, which is available toanswer questions concerningUnemployment Insurance Tax filingrequirements. The toll free telephonenumber to connect to your Field Auditor is1 888 448 2937.

Anchorage3301 Eagle Street, Room 106Anchorage, AK 99524 1767Phone: (907) 269 4850Fax: (907) 269 4845

Fairbanks675 7th Avenue, Station LFairbanks, AK 99701 4596Phone: (907) 451 2876Fax: (907) 451 2883

JuneauP.O. Box 115509Juneau, AK 99811 5509Phone: (907) 465 2787Fax: (907) 465 2374

Kenai11312 Kenai Spur Highway, Suite 2Kenai, AK 99611 9106Phone: (907) 283 2920Fax: (907) 283 5152

Wasilla877 Commercial DriveWasilla, AK 99654 6937Phone: (907) 352 2535Fax: (907) 373 2683

PAYMENT OFWAGES

Alaska Department of Labor andWorkforce Development, Labor Standardsand Safety Division, Wage and HourAdministrationhttp://labor.state.ak.us/lss/whhome.htm

Anchorage3301 Eagle Street, Suite 301Anchorage, AK 99503Phone: (907) 269 4900Fax: (907) 269 4915

Juneau1111 W. 8th Street, Suite 302Juneau, AK 99801Phone: (907) 465 4842Fax: (907) 465 3584

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Fairbanks675 7th Avenue, Station J1Fairbanks, AK 99701Phone: (907) 451 2886Fax: (907) 451 2885

Alaska state law requires an employer inthis state to pay wages or compensationwith currency of the United States. Thismay be in the form of currency, negotiablechecks, drafts, or orders payable uponpresentation without discount, by bank ordepository, inside the state. Upontermination of an employee, all wages andother compensation are due immediatelyand must be paid within three workingdays.

The Labor Standards and Safety Division,Wage and Hour Administration hasprepared a forty seven page booklet,entitled, “Employment Practices andWorking Conditions Wage and HourAdministration Pamphlet 100”, that isdesigned to assist employers andemployees by providing the applicable Stateof Alaska and Federal laws and regulationsto ensure that working conditions and wagepayment practices are legal. Contact Wageand Hour, Monday through Friday duringregular business hours to obtain a copy ofthis booklet, or, go to their online websiteand download and print a copy.

MinimumWage

The present minimum wage in Alaska is$7.25 per hour. Tips or gratuities may notbe applied as credit toward the payment ofthe minimum wage. The Commissioner ofthe Department of Labor and WorkforceDevelopment may exempt trainees,apprentices, and individuals whose earningcapacity may be impaired by physical ormental deficiency, age or injury, from theminimum wage.

Overtime Hours

No employer shall employ an employee notacting in a supervisory capacity for aworkweek longer than 40 hours for morethan eight hours per day. Should anemployer find it necessary to employ anemployee in excess of these standards,compensation for such overtime shall bepaid at the rate of one and one half timesthe regular rate of pay. However, thefollowing are exceptions to the requirementof payment of overtime:

An employee of an employer whoemploys three people or less in theregular course of business;Any individual employed in handling,packing, storing, pasteurizing, drying,preparing in their raw or natural stateor canning of agricultural orhorticultural commodities for market orin making cheese or butter or otherdairy products;Any employee of any employer engagedin small mining operations where notmore than 12 people are employed, aslong as an individual is employed not inexcess of 12 hours a day or 56 hours aweek during a period or periods of notmore than 14 workweeks in theaggregate in any calendar year duringthe mining season;Any employee engaged in agriculture;Any individual employed in connectionwith the publication of any weekly,semi weekly or daily newspaper with acirculation of less than 1,000;Any switchboard operator employed ina public telephone exchange which hasfewer than 750 stations;Any employee engaged in handlingtelegraphic, telephone or radiomessages for the public under anagency or contract arrangements with atelegraph or communications companywhere the message or communicationsrevenue of such agency does not

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exceed $500 a month;Any individual employed as a seaman;Any individual employed in planting ortending trees, cruising or surveying orbucking or felling timber, or inpreparing or transporting logs or otherforestry products to the mill, processingplant, railroad or other transportationterminal if the total number ofemployees in such forestry or lumberoperation does not exceed 12;Any individual employed as an outsidebuyer of poultry, eggs, cream or milk intheir raw or natural state;Casual employees as defined byregulations of the Commissioner ofLabor;Any employee of a hospital whoseemployment includes the provision ofmedical service;Work performed by an employee undera “Flexible Work Hour Plan” if the planis included as part of a collectivebargaining agreement;Work performed by an employee undera Voluntary Flexible Work Hour Plan if:o The employee and the employer

have signed a written agreementand the written agreement hasbeen filed with DOLWD; and

o DOLWD has issued a certificateapproving the plan which states thework is for 40 hours a week and notmore than 10 hours a day; for workover 40 hours a week or 10 hours aday under a Flexible Work HourPlan not included as part of acollective bargaining agreement,compensation at the rate of oneand one half times the regular rateof pay shall be paid for theovertime;

An individual employed as a line haultruck driver for trips exceeding 100 roadmiles, if the compensation systemunder which the truck driver is paidincludes overtime pay for work in

excess of 40 hours a week or for morethan eight hours a day and thecompensation system requires a rate ofpay comparable to the rate of payrequired by this section, andAn individual employed as a communityhealth aide by a local or regional healthorganization as those terms are definedin “AS 18.28.100”.

Not Eligible for MinimumWage

“AS 23.10.050 23.10.150” establishesminimum wages and overtime paystandards for employment subject to itsprovisions. These standards are generallyapplicable to all employees. However,there are exceptions to the Alaska Wageand Hour Act. The following are not eligiblefor minimum wage:

Any individual employed in agriculture;Any individual employed in the taking ofaquatic life;Any individual employed in the handpicking of shrimp;Any individual employed in domesticservice (including babysitters) in orabout a private home;Any individual employed by the UnitedStates, State or local government (i.e.Political Subdivision);Any individual engaged in the activitiesof a nonprofit religious, charitable,cemetery, or educational organizationwhere the services are on a voluntarybasis;Any individual engaged in the deliveryof newspapers to the consumer;Any individual employed solely as awatchman or caretaker on premises,property or plants not in operation forfour months or more;Any individual employed in a bona fideexecutive, professional oradministrative capacity as defined byregulations of the Commissioner ofDOLWD, or as an outside salesman or

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any salesman working on a straightcommission basis;Any individual employed in the searchfor placer or hard rock minerals;Any individual under 18 years oldemployed on a part time basis for notmore than 30 hours in any week;Employment by a nonprofit educationalor child care facility to serve as a parentof children while the children are inresidence at the facility if theemployment requires residence at thefacility and is compensated on a cashbasis exclusive of room and board at anannual rate of less than:$10,000.00 for an unmarried person; or$15,000.00 for a married couple;An independent cab driver whoestablishes the driving area and hours,who contracts on a flat rate basis for theuse of the cab, cab permit or dispatchservice, and who is compensated solelyby the customers served, andA person who holds a license under “AS08.54.600”, and is employed by aregistered guide or master guidelicensed under “AS 08.54.600”, for thefirst 60 work days in which the person isemployed by the registered guide ormaster guide during a calendar year.

LABOR LAWS

Public Contracts

A contractor or subcontractor working onpublic construction contracts shall pay notless than the current prevailing rate asdetermined by the Department of Laborand Workforce Development for work of asimilar nature in the region in which thework is performed. Alaska residents,eligible for preference under “AS 36.10.140”shall be given a minimum of 90 percentemployment preference on public works

contracts throughout the State of Alaska incertain job classifications. This hiringpreference applies on a project by project,craft by craft or occupational basis andmust be met each workweek by eachcontractor/subcontractor. For furtherinformation on current prevailing wagerates, contact “Wage and Hour” offices inAnchorage, Juneau, or Fairbanks. (See page58 of this booklet for Wage and Hourcontact information.)

Employment of Minors

A “Work Permit” is required for minoremployees. Listed below are therequirements and limitations, per DOLWD’s“Summary of Alaska Child Labor Laws” foremploying minors:

Alaskan youth under the age of 14 mayonly work in the following occupations:1. Newspaper sales and delivery.2. Babysitting, handiwork and domestic

employment in or about private homes.3. Occupations in the entertainment

industry.

Special Restrictions for 14 and 15 year olds:When school is in session, hours will belimited to a total of nine (9) hours of schoolattendance plus employment in any oneday; work will be performed only betweenthe hours of 5:00 AM and 9:00 PM. Totalhours worked will be limited to twentythree (23) in any week.*

During school vacations, work hours will belimited to forty (40) hours per weekbetween the hours of 5:00 AM and 9:00PM.*

*Federal Statutes are stricter than StateStatutes.

Restrictions for 14 and 15 year olds:1. Occupations in manufacturing, mining

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or processing, including workrooms orplaces where goods aremanufactured, mined or otherwiseprocessed.

2. Occupations involved in operation ofpower driven machinery other thanoffice machines.

3. Occupations in construction (includingdemolition and repair) except officework.

4. Any work in an establishment thatserves alcoholic beverages.

5. Public messenger service.6. Occupations in or about canneries,

except office work.7. Work performed in or about boilers,

engine rooms or retorts.8. Work involved with maintenance or

repair of the establishment'smachines or equipment.

9. Occupations that involve workingfrom windowsills, ladders, scaffolds ortheir substitutes.

10. Occupations handling or operatingpower driven food slicers, grinders,choppers, cutters, and bakery typemixers.

11. Work in freezers, meat coolers, orpreparation of meat for sale.

12. Loading/unloading to or from trucks,railroad cars or conveyors.

13. Occupations in warehouses andstorage except office and clericalwork.

14. Occupations involving use ofsharpened tools.

15. Occupations in transportation ofpersons or property except office orsales work.

16. Occupations involved in canvassing,peddling, solicitation of door to doorcontributions, or acting as an outsidesalesman.

Minors 17 and under cannot be employedin:1. Occupations in manufacturing,

handling or use of explosives.2. Occupations of motor vehicle driver

or helper.3. Mining operations including coal.4. Logging or occupations in the

operations of any sawmill, lathe mill,shingle mill or cooperage.

5. Operation of power drivenwoodworking machines.

6. Occupations with exposure toradioactive substances and to ionizingradiation.

7. Operation of elevators or otherpower driven hoisting apparatus.

8. Operation of power driven metalforming, punching and shearingmachines.

9. Occupations involving slaughtering,meatpacking, processing, orrendering.

10. Occupations involved in the operationand cleaning of power driven bakerymachines.

11. Occupations involved in the operationof power driven paper productsmachines.

12. Occupations involved in themanufacture of brick, tile and kindredproducts.

13. Occupations involved in the operationand cleaning of circular saws, bandsaws, and guillotine shears.

14. Occupations involved in wrecking,demolition, and shipwreckingoperations.

15. Occupations involved in roofingoperations.

16. Occupations involved with excavationoperations.

17. Electrical work with voltagesexceeding 220, or outside erection orrepair and meter testing includingtelegraph and telephone lines.

Breaks:An employee under 18 years of age who isscheduled to work six consecutive hours is

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entitled to a thirty (30) minute break duringthe workday.

A youth under 18 who works five (5)consecutive hours is entitled to a thirty (30)minute break before continuing to work.

Note:No minor may work more than six (6) daysin any workweek. All minors 16 and undermust have a “Work Permit” on file with theDepartment of Labor and WorkforceDevelopment. If the employer is licensed tosell alcohol, then all minors 16 through 18must also have a “Work Permit”.

A person 16 to 17 years of age may enterand remain upon the licensed premises of ahotel, restaurant, or eating establishment inthe course of employment if:

1) The employment does not involveserving, mixing, delivering, ordispensing alcoholic beverages;

2) The person has a written consent of aparent, and

3) An exemption is filed with theDepartment of Labor and WorkforceDevelopment.

If you have questions or require additionalinformation, contact Wage and HourAdministration at one of their offices.Federal standards may be more restrictive.Check with the U.S. Department of Labor at1 866 487 2365 or online at the “UnitedStates Department of Labor, Child Labor(Nonagricultural Work)” website for moreinformation regarding federal requirementsand standards.

Transportation of Employees

An employer who furnishes or financestransportation for a person from a placeinside or outside the state must, upontermination, finance or furnish return

transportation to the place of hire and isfurther obligated for that person’s roomand board if transportation is notimmediately available or financed.

See page twenty four of the Department ofLabor and Workforce Development’s“Employment Practices and WorkingConditions Wage and Hour AdministrationPamphlet 100” for additional informationon the transportation of employees.

Fish Processors and Buyers

Fish processors and primary fish buyersmust file a $10,000 “Primary Fish Buyersand Fish Processors Bond”, or other securitywith Department of Revenue, as security forany unpaid wages or fish purchases fromregistered commercial fishermen. ContactDepartment of Revenue, Tax Division forfurther information.

Discrimination in Employment

No employer, employee, labor organization,employment agency, or other person maydiscriminate due to:

Race;Religion;Color;National origin;Age;Physical handicap;Sex;Marital status;Pregnancy;Or parenthood when the reasonabledemands of the position do not requiredistinction on the basis of age, physicalhandicap, sex, marital status, changes inmarital status, pregnancy, orparenthood.

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DIVISION OFWORKERS’COMPENSATION

Alaska Department of Labor andWorkforce Development, Division ofWorkers’ CompensationP.O. Box 115512Juneau, AK 99811Phone: (907) 465 2790Fax: (907) 465 2797http://labor.state.ak.us/wc/[email protected]

The “Alaska Workers' Compensation Act”(the Act) requires each employer havingone or more employees in Alaska to obtainworkers’ compensation insurance, unlessthe employer has been approved by thestate to be a “Self Insured Employer”. If anemployer is out of state and is sendingworkers into Alaska, that employer musteither obtain an endorsement to theirexisting policy to cover Alaska, obtain an allstates endorsement to their existing policy,or obtain a separate policy to cover theirAlaskan exposure. Alaska does not havereciprocity with other jurisdictions. Thereare a few exceptions to those individualswho need to be covered under a workers’compensation policy. Generally speaking,those include:

Sole proprietors in a soleproprietorship;General partners in a partnership;Executive officers in a Nonprofitcorporation;Members in an LLC;Part time baby sitters;Cleaning persons (non commercial,residential only);Harvest help;Some types of part time/transient help;Sports officials for amateur events;Contract entertainers;Commercial fishers;Taxicab drivers (independent operators

only);A participant in the Alaska temporaryassistance program, andProfessional hockey team players andcoaches (if players and coaches haveprivate health insurance coveringbenefits allowable under the Act).

In addition, executive officers in a for profitcorporation may exempt themselves byfiling an “Executive Officer Waiver” withDivision of Workers’ Compensation.

Other special provisions set out in statuteinclude:

High school students in work studyprograms are not considered to beemployees;Volunteer emergency medicaltechnicians are covered under the Actas employees of the state;Special public safety officersappointed by the Commissioner ofPublic Safety are covered under theAct as employees of the state;Members of state boards andcommissions are covered under theAct as employees of the state;Volunteer fire fighters are coveredunder the act as employees of thelocal fire department;Individuals engaged in civil defense orin disaster relief functions in Alaskaare covered under the Act asemployees of the state, andIndividuals engaged in the AlaskaState Defense Force in Alaska arecovered under the Act as employeesof the State.

Insurance coverage is obtained fromcommercial insurance carriers authorized bythe Department of Commerce, Community,and Economic Development, Division ofInsurance to write workers’ compensationinsurance in the State of Alaska. Employersshould contact an insurance agent or broker

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licensed to write coverage for the State ofAlaska for assistance in acquiring a workers’compensation policy.

Licensed insurance companies andproducers can be searched online at theDivision of Insurance Website.

If a person is unable to obtain coveragefrom a commercial carrier, they canpurchase insurance through Alaska’sAssigned Risk Pool, which is administered bythe “National Council on CompensationInsurance” (NCCI). The NCCI can becontacted at (800) 622 4123.

An employer may elect to become a selfinsured employer if it meets the followingconditions:

The employer has been transactingbusiness in Alaska for at least fiveyears;The employer has 100 or moreemployees;The employer has a net worth of atleast $5.0 million;The employer has an establishedsafety/loss program; andThe employer has the financial abilityto meet all financial obligations underthe Act.

An “Application for Self insurance, Form 076129” is available at the Workers’Compensation Division’s website:http://www.labor.state.ak.us/wc/forms/wc6129.pdf

Alaska law does not allow self insuredgroups.

An employer who fails to carry workers’compensation insurance as required by theAct may be subject to a stop work order,may be liable for a civil fine of$1,000/employee per day, and may bebarred from securing a contract with the

State or political subdivision of the State fora period of 3 years.

ALASKA OCCUPATIONAL SAFETYAND HEALTH

Alaska Department of Labor andWorkforce Development, Division of LaborStandards and Safety, Alaska OccupationalSafety and Health3301 Eagle Street, Suite 305Anchorage, AK 99503 4149Phone: (907) 269 4955Fax: (907) 269 4950http://labor.state.ak.us/lss/oshhome.htmjuneau.lss [email protected]

Alaska Occupational Safety and HealthSection (AKOSH) provide services to assistemployers in providing and maintaining safeand healthy places of employment. Uponrequest, AKOSH will conduct consultativeinspections of workplaces to helpemployers identify work practices andconditions, which may be hazardous toemployee safety and health.

Citations are not issued for safety andhealth violations observed during aconsultative inspection unless an imminentdanger situation is discovered, which is notimmediately abated by the employer.AKOSH also enforces the State of Alaska’sOccupational Safety and Health Standardsand, unlike a consultative inspectionrequested by an employer as describedabove, citations may be issued andmonetary penalties assessed for any safetyand health violations observed during anenforcement inspection.Employers are required to post AKOSH’sposters:

“Safety and Health Protection on theJob”, and“Emergency Information”.

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For more information on OccupationalSafety and Health Regulations (29 CFR 1910and 1926), please visit the U.S. Departmentof Labor, Occupational Safety & HealthAdministration (OSHA) web site atwww.osha.gov.

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CHAPTER 5TAXESThis chapter is designed to acquaint business owners with potential federal, state, and municipaltax obligations. It provides basic guidelines, but it is important to consult your local tax officesprior to establishing a business in Alaska.

FEDERAL TAXATION

Individual Proprietorship

All taxable income of individuals is subjectto federal income tax reportable on “IRSForm 1040 U.S. Individual Income TaxReturn”. “IRS Publication 17 Your FederalIncome Tax” covers the general rules forfiling a federal income tax return. Itsupplements the information contained inthe tax form instruction booklet.

Taxable income is gross income, lessallowable deductions and exemptions.Income tax rates for individuals areprogressive, ranging from 15% to 39.6%.There are four different range tables: singlepersons, heads of households, marriedtaxpayers filing joint tax returns, andmarried taxpayers filing separately.Individual tax returns are due April 15th, orif the individual is on a fiscal year, the 15thday of the fourth month following the endof the taxable year.

“IRS Publication 334 The Tax Guide forSmall Business” provides generalinformation regarding federal tax laws thatapply to small business owners who are soleproprietors and to statutory employees (anemployee who has checked box 13 of his orher FormW 2, Wage and Tax Statement).

Partnership

Every partnership operating on a calendar

year basis is required to file “IRS Form 1065– U.S. Return of Partnership” by April 15thof each year. If the partnership is operatingon a fiscal year basis, the filing deadline isthe 15th day of the fourth month followingthe end of the taxable (fiscal) year. This isan information return, and from it, eachpartner reports his or her share of thepartnership income or loss on his or herindividual return.

“IRS Publication 541 Partnerships” explainshow the income tax law applies topartnerships and to partners. Generally, apartnership does not pay tax on its incomebut “passes through” any profits or lossesto its partners.

Corporation

Every corporation, unless specificallyexempt, is required to file an income taxreturn. A corporation operating on acalendar year basis is required to file “IRSForm 1120 U.S. Corporation Income TaxReturn” on or before March 15th of thefollowing year. If the corporation isoperating on a fiscal year basis, the returndeadline for filing is the 15th day of thethird month following the end of thetaxable (fiscal) year. “IRS Publication 542Corporations” discusses the general tax lawsthat apply to ordinary domesticcorporations. It explains the tax law in plainlanguage so it will be easier to understand.

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Federal Corporation Tax Rate Schedule

Taxable Income (line 30, Form 1120, or line 26, Form 1120 A) calculation:

Taxable Income IsOver:

But Is Not Over: Tax Is Calculated @:Of the Taxable Amount

Over:$0 $50,000 15% $0$50,000 $75,000 $7,500 + 25% $50,000$75,000 $100,000 $13,750 + 34% $75,000$100,000 $335,000 $22,250 + 39% $100,000$335,000 $10,000,000 $113,900 + 34% $335,000$10,000,000 $15,000,000 $3,400,000 + 35% $10,000,000$15,000,000 $18,333,333 $5,150,000 + 38% $15,000,000$18,333,333 35% $0

In general, any distribution made by acorporation to its stockholders isconsidered a dividend. The corporationmust file “IRS Form 1099 DIV Dividendsand Distributions” for each stockholder whois paid $10 or more in dividends or interestduring the taxable year.

“Tax Option” or “S” Corporation

Certain domestic corporations may electnot to be subject to the federal corporationtax. Should the corporation decide todistribute all of its taxable income, theshareholders must report theirproportionate share as personal income on“IRS Form 1040 U.S. Individual Income TaxReturn”, even if none is distributed. The“Tax Option” or “S” Corporation option islimited to corporations having one class ofstock and not more than 75 shareholders,none of whom may be a nonresident alien.

The “S” option is terminated if more than25% of the corporation’s gross receipts arefrom passive investment income (royalties,interest, dividends, rents, annuities, gainsfrom sales or exchanges of stock orsecurities) for three consecutive taxableyears and the corporation has accumulatedearnings and profits.

S Corporations file using “IRS Form 1120 SU.S. Income Tax Return”.

Self Employment

Self employment tax is a social security andMedicare tax primarily for individuals whowork for themselves. It is similar to thesocial security and Medicare taxes withheldfrom the pay of most wage earners.

Self employment taxes are calculated using“IRS Form 1040 (Schedule SE) SelfEmployment Tax”. Sole Proprietors orPartners are allowed to deduct half of theirself employment tax in figuring theiradjusted gross income. If net earnings fromself employment are $400 or more, it isnecessary to file “IRS Form 1040 U.S.Individual Income Tax Return” and pay selfemployment taxes.

The self employment tax rate on netearnings remains at 15.3% for 2009. Thisrate is a total of 12.4% for Social Securityand 2.9% for Medicare.

Effective 2008, the maximum amountsubject to social security is $102,000. Thereis no wage base limit on the Medicare taxportion.

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Farmers have an optional method ofcomputing self–employment taxes, which isexplained in “IRS Publication 225 Farmer'sTax Guide”.

Employer’s Tax

In general, all employers are required towithhold income, Social Security, andMedicare taxes from wages paid to theiremployees. See “IRS Publication 15(Circular E) Employer's Tax Guide” forexceptions. (This is commonly referred toas “Circular E”.) The amount of withholdingvaries with the wages paid, pay periods, andnumber of exemptions. Each employee fillsout an “IRS Form W 4 EmployeesWithholding Allowance Certificate” whenhired, showing the number of exemptionsto which they are entitled. They may claimless than they actually have, but not more.Withholding tables are in “IRS Publication15 (Circular E) Employer's Tax Guide”. Thesocial security tax rate is 12.4%, of which,6.2% is withheld from the employee’swages.

Social Security taxes apply to the first$106,800 earned. The law provides that thewage base automatically will be adjustedupward as wage levels rise. The Medicaretax rate is 2.9%, of which, 1.45% is withheldfrom the employees’ wages.

There is not a wage base limit for Medicaretax. All wages are subject to Medicare tax.The taxes withheld are deposited with abank if they are over $100 or at the end ofthe quarter. Credit for the deposits is takenon “IRS Publication 541 Partnerships”.These forms are due on the last day of themonth following the end of the calendarquarter. For employers required to usegovernment depositories, see “IRSPublication 15 (Circular E) Employer's TaxGuide”.

Most employers who have one or moreemployees during at least 20 calendarweeks of the taxable year, or who have paid$1,500 in wages in any calendar quarter, aresubject to FUTA. (This tax applies to the first$7,000 paid to each employee as wagesduring the year.) This tax is in addition tostate Unemployment Insurance explained inChapter 4. A credit for state unemploymenttaxes of 5.4% applied against the 6.2%FUTA, leaves a balance of 0.8% payable.“IRS Form 940 Employer's Annual FederalUnemployment (FUTA) Tax Return” is dueby January 31. In most businesses, theFUTA tax is payable quarterly. Circular E willprovide a more detailed explanation.

Excise Tax

Federal excise taxes are imposed on certainitems and transactions, but are not imposedon the profits of businesses. “IRS Form 720Quarterly Federal Excise Tax Return” must

be filed quarterly if liability exists.

A deposit of these taxes with a FederalReserve Bank is required on a monthly basisif the liability exceeds $100 for any monthexcept the third month of the quarter. Asemi monthly deposit may be required ifliability exceeds $2,000 for any month. Theexcise tax return is due on the last day ofthe month following the end of the calendarquarter. “IRS Publication 510 ExciseTaxes” covers the excise taxes for which youmay be liable during the taxable year.

New Businesses

If you are starting your first business, youmust obtain an “Employer IdentificationNumber” (EIN) from the IRS by filing “IRSForm SS 4 Application for EmployerIdentification Number”. It is important thatthe new entrepreneur understands taxobligations and responsibilities. The IRS willprovide a “Business Tax Kit”, which includes

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instructions for Express Enrollment forbusiness taxpayers with a federal taxobligation to begin making their Federal TaxDeposits (FTD’s) more quickly andaccurately through the Electronic FederalTax Payment System (EFTPS).”

New businesses should obtain “IRSPublication 4275 Express Enrollment forNew Businesses”. This publication explainsExpress Enrollment for new businesses.

“IRS Publication 1518 IRS Tax Calendar forSmall Businesses and Self Employed” is auseful source of information for a newbusiness. Each page highlights a differenttax issue that may be relevant to yourbusiness.

For additional help, the IRS holds freeworkshops for small businesses. Call (907)271 6391 in Anchorage, or (800) 829 1040to find out when the next one will be held inyour area.

Heavy Highway Vehicle Use Tax

Businesses must file “IRS Form 2290 HeavyHighway Vehicle Use Tax Return” and forJuly 1, through June 30 if a taxable highwaymotor vehicle is registered, or required tobe registered, in your name under state,District of Columbia, Canadian, or Mexicanlaw at the time of its first use during thatperiod and the vehicle has a taxable grossweight of 55,000 pounds or more.

You may be an Individual, LLC, Corporation,Partnership, or any other type oforganization (including nonprofit,charitable, educational, etc.). A newbusinessperson should consult the localoffice of the IRS for further information.

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Federal Taxes Tax Table

Business Liable For Form Due Date Basis of Tax

IndividualProprietorship

Income Tax

IRS Form 1040(Schedule C) Profit

or Loss fromBusiness

April 15th for previous yearor 15th day of the 4th

month following close of taxyear

Computed by taxtables or Schedules X,

Y, Z

Estimated TaxIRS Form 1040 ESEstimated Tax for

Individuals

Form 1040 ES and firstpayment April 15th. Otherpayments: June, Sept, & Jan

15th

Computed by taxtables or Schedules X,

Y, Z

SelfEmployment Tax

IRS Form 1040 ESEstimated Tax for

Individuals

Attached to Form 1040 andpayment included with form

1040 ES

Rate changes eachyear: see 1040 ES

Partnership, EachPartner

Income Tax

IRS Form 1040(Schedule E)Supplemental

Income and Loss

April 15th for previous yearor 15th day of the 4th

month following close of taxyear

Computed asindividual incomeusing tax tables orSchedules X, Y, Z

PartnershipIRS Form 1065U.S. Return of

Partnership Income

Dates same as above, sendinformation only, does not

incur tax liability

EstimatedIncome Tax

IRS Form 1040 ESEstimated Tax for

Individuals

Form 1040 ES and firstpayment April 15th. Otherpayments: June, Sept, & Jan

15th

Computed asindividual incomeusing tax tables orSchedules X, Y, Z

SelfEmployment

IRS Form 1040(Schedule SE) SelfEmployment Tax

Attached to Form 1040 andpayment included with form

1040 ES

Rate changes eachyear: see 1040 ES

CorporationCorporationIncome Tax

IRS Form 1120U.S. CorporationIncome Tax Return

March 15th or 15th day ofthe 3rd month following

close of tax year

Computed by taxtables

EstimatedIncome Tax

IRS Form 1120 WEstimated Tax forCorporations &Federal Deposit

Coupons

Deposit on F 8109 by 15thday of 4th, 6th, 9th, and12th month of tax year

Computed by taxtables

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If You Employ Oneor More Persons

Income TaxWithholding &Social Security

Taxes

IRS Form 941Employer's

Quarterly FederalTax Return &

Federal DepositCoupons

Form 941 quarterly,deposits required monthly,

semi monthly

Withheld form wagesaccording to Circular

E

FederalUnemployment

Tax

IRS Form 940Employer's Annual

FederalUnemployment

(FUTA) Tax Return& Federal Deposit

Coupons

In January for previous year,deposits required quarterly

See Circular E andinstructions on Form

940

PetroleumProducts, Autos,Trucks, Hunt/ FishEquipment, Air

Carriers

Excise Tax

IRS Form 720Quarterly FederalExcise Tax Return &Federal DepositCoupons 2290

Form 720 quarterly due:April 20, July 31, October 31,and January 31. See form

720 for instructions.

See IRS publication510

Note: An LLC that is characterized as acorporation for federal tax purposes mustfile a Corporation Tax Return. An LLC withcorporate member(s), which ischaracterized as a partnership for federalincome tax purposes, must file aPartnership Information Return, and thecorporate partners must file a CorporationReturn for their share of the income. If nocorporate partners, no return need be filed.

ALASKA STATE TAXATION

Businesses in Alaska may be subject to thefollowing taxes. For additional information,contact Department of Revenue, TaxDivision at the following locations:

Juneau Office:P.O. Box 110420Juneau, AK 99811 0420Phone: (907) 465 2320Fax: (907) 465 2375

Anchorage Office:550 West 7th Ave., Suite 500Anchorage, AK 99501 3555Phone: (907) 269 6620Fax: (907) 269 6644

Alcoholic Beverage Excise TaxAS 43.60

Every brewer, distiller, bottler, jobber,retailer, manufacturer, or wholesaler whoimports or manufactures alcoholicbeverages in the state for sale must pay$1.07 cents per gallon tax on malt liquor(beer and hard cider), $2.50 per gallon taxon wine and other alcoholic beverages withan alcohol content of 21% or less, and$12.80 per gallon tax on distilled spirits(greater than 21% alcohol content).Breweries that meet the federal definitionof a small brewery may be approved byDepartment of Revenue to pay tax at thereduced rate of 35 cents per gallon. TaxDivision “Form 04 500 Alcoholic Beverage

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Excise Tax Return” must be filed and the taxpaid by the end of the month following themonth that the alcoholic beverages weresold in the state.

Corporate Income TaxAS 43.20

“Form 0405 611x Alaska Corporation NetIncome Tax” is similar to the federal incometax; however, no tax measured by income isallowed as a deduction. The tax is agraduated percentage of taxable incomeplus a graduated base tax amount, bothincreasing with taxable income. (Refer tothe Alaska Corporation Net Income TaxComputation chart provided below.) Multistate corporations must apportion incomeaccording to the regulations issued underthe “Multi State Tax Compact”.

Alaska Corporation Net Income TaxComputation:

At Least:But LessThan:

Your TaxIs:

Of theAmountOver:

$0 $10,000 0 + 1% $0

$10,000 $20,000$100 +2%

$10,000

$20,000 $30,000$300 +3%

$20,000

$30,000 $40,000$600 +4%

$30,000

$40,000 $50,000$1,000 +

5%$40,000

$50,000 $60,000$1,500 +

6%$50,000

$60,000 $70,000$2,100 +

7%$60,000

$70,000 $80,000$2,800 +

8%$70,000

$80,000 $90,000$3,600 +

9%$80,000

$90,000or More

$4,500 +9.4%

$90,000

Dive Fishery ManagementAssessmentAS 43.76.150

A person who acquires possession ofgeoducks, sea cucumbers, and sea urchinstaken in Southeast Management Area Afrom a dive gear permit holder must collectand remit to the Tax Division the divefishery management assessment. A DiveGear permit holder that instead sends ortransports outside the state of Alaska thegeoducks, sea cucumbers, or sea urchinstaken in Southeast Management Area Amust pay to the Tax Division the dive fisheryassessment on “Form 0405 580 DiveFishery Management Assessment”. Theassessment is based upon a percentage ofthe value of the fishery resources. Valuegenerally means the actual price paid to thefisherman, including indirect considerationand bonus and other types of payments, orthe market value of the resource. Theactual price paid to the fisherman includesamounts paid or provided for such things asfuel, supplies, gear, and ice, and alsohandling, tender and delivery fees, anddeferred payments such as bonus. Delayedand deferred payments such as bonus arereported on “Form 04 581 Dive FisheryManagement Assessment Quarterly BonusReturn” in the quarter paid to the dive gearpermit holder.

Dates for quarterly report submission:For quarters that end March 31st, duedate is April 30;For quarters that end June 30th, duedate is July 31;For quarters that end September 30th,due date is October 31, andFor quarters that end December 31st,,due date is January 31.

The assessment is remitted to the TaxDivision by the due date for the quarter inwhich the fishery resource is acquired or

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removed from the State of Alaska. If thedue date falls on a Saturday, Sunday orstate legal holiday, the due date is the firstfollowing business day.

Fisheries business may elect the monthlypayment option for the Dive FisheryManagement Assessment. Use “Form 0405568 Fisheries Business Monthly Paymentand Report” for reporting and payment.

The Dive Fishery Management Assessmentis used to support the regional dive fisherydevelopment association.

Electric and Telephone CooperativesGross Revenue Tax

AS 10.25.540

Before March 1 of each year, eachtelephone cooperative shall complete “Form04 055 Telephone Cooperative GrossRevenue Tax Return” and pay to the State ofAlaska, instead of state and local advalorem, income and excise taxes that maybe assessed or levied, a percentage of its’gross revenue earned during the precedingcalendar year computed as follows:

1% of gross revenue for the first fiveyears, and2% thereafter.

Qualified electric cooperatives recognizedunder AS 10.25.555 are subject tocompletion of “Form 04 056 ElectricCooperative Gross Revenue Tax Return” andpayment of the tax, which is based onkilowatt hours (kWh) furnished. Taxes arebased on calendar year activity and duebefore March 1 of the following year,computed as follows:

One fourth mill (mill = one tenth of onecent) per kWh sold for the first fiveyears, andOne half mill (mill = one tenth of onecent) per kWh sold thereafter.

Fisheries Business TaxAS 43.75

Anyone that processes a fishery resource,custom processes fishery resources forothers, has a fishery resource customprocessed for them, or exports anunprocessed fishery resource outside ofAlaska for purposes of sale, must complete“Form 0405 573 Alaska Fisheries BusinessLicense Application” and obtain the licenseannually. Application forms are availableonline using the hyperlink or fromDepartment of Revenue. Note that a civilpenalty of up to $5,000 may be assessed forprocessing fish without a license. Thelicense fee is $25. Processors and personsexporting an unprocessed product out ofAlaska’s taxing jurisdiction are required topay the following annual taxes:

For Established Fisheries:Salmon canned at a shore basedbusiness, 4.5% of the value of thesalmon;Shore based fisheries, except salmoncanned at a shore based business, 3%of the value of the resource;Floating business, 5% of the value ofthe resource, andDirect Marketing License holders, 1%of the value of the resource.

For Developing Fisheries:Shore based business, 1% of the valueof the resource;Floating business, 3% of the value ofthe resource, andDirect Marketing license holders, 3%of the value of the resource.

Fisheries Business taxes are generallycomputed on the price paid for the product.In cases where a company is processing itsown catch, a fair market value is used. Ifresources are custom processed, the fairmarket value is used. Exporters of an

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unprocessed product pay the tax at theabove rates as if the product has beenprocessed in state using the fair marketvalue.

“Form 0405 574 Fisheries Business TaxReturn” should be used for reporting andpayment of taxes. Fisheries businesses mayelect to use “Form 04 568 FisheriesBusiness Monthly Payment and Report”(detailed explanation referenced below)option for monthly payment of this taxtype.

Fishery Business Monthly Paymentand Report

AS 43.75.055(c)

An option for monthly payment of thefollowing tax types is available for fisheriesbusinesses:

Fisheries Business Tax;ASMI Seafood Marketing Assessment;Salmon Enhancement Tax;Dive Fishery ManagementAssessment, andRegional Seafood Development Tax.

The monthly payment option requires$100,000 in equity in real property locatedin Alaska, or a bond, certificate of deposit,letter of credit, or cash, in the amount of$50,000.

“Form 04 568 Fisheries Business MonthlyPayment and Report” must be filed and thetaxes paid no later than the 15th day of themonth following the month of taxableactivity. If the report and/or applicabletaxes are not submitted by the due date,the license is subject to immediatesuspension and you will no longer beallowed to use the monthly paymentoption.

Fishery Resource Landing TaxAS 43.77

A person who engages or attempts toengage in a floating fisheries business in theState of Alaska, and who owns a fisheryresource that is not subject to AS 43.75 thatis brought into the jurisdiction of, and firstlanded in, the State of Alaska, is liable forand shall pay a Fishery Resource LandingTax (landing tax) on the value of the fisheryresource. The amount of the landing tax is1% of the value of the fishery resource atthe place of landing for a developingcommercial fish species, as defined underAS 43.75.290. For a fish species other thana developing commercial fish species, theamount of the landing tax is 3% of the valueof the fishery resource at the place of thelanding.

The American Fisheries Act requires afishery cooperative to execute a contractwith each cooperative member thatobligates the member to make a paymentto the State for Pollock harvested in theAlaska Pollock fishery that is not landed inAlaska. The required payment is equal tothe amount that would have been dueunder the state landing tax had the productbeen landed in Alaska. These payments aretreated as if they were landing taxes,thereby imposing a filing and paymentrequirement.

In addition to the above, if the total value ofthe fishery is more than $50,000, anadditional amount of .5% is assessed for theAlaska Seafood Marketing Assessment.

A person subject to the landing tax isrequired to make quarterly payments on“Form 0405 597 Fishery Resource LandingTax Estimated Payment Vouchers” of thetax estimated to be due for the year inequal installments that total either 90% ofthe tax liability or 100% of the tax liability

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for the prior year (if a tax is incurred).

A person subject to the landing tax isrequired to file “Form 0405 680 AlaskaFishery Resource Landing Tax Return”,stating the value of fishery resources landedin the state that are subject to the tax, andthe point of landing of the fishery resource.

The return is based on the previouscalendar year and the tax is due before April1 after the close of the calendar year. Thereturn is due the last day of the monthfollowing the month the statewide averageprice list is provided.

Mining License TaxAS 43.65

Mining operations and recipients of miningroyalties must first obtain a “Placer MiningLicense” from Department of NaturalResources or a “Sand/Gravel MiningLicense” from Department of Revenuebefore conducting business in the State ofAlaska. Net income from mining property issubject to a mining license tax, computedand paid on the Mining License Tax Returnand computed in the following breakdown:

Over Not Over Tax$0.00 $40,000 $0.00

$40,000 $50,000$1,200 + 3% ofexcess over$40,000

$50,000 $100,000$1,500 + 5% ofexcess over$50,000

$100,000$4,000 + 7% ofexcess over$100,000

New mining operations, except sand andgravel, are exempt from this tax for the first3.5 years of production if the operation islicensed and approved timely.

Use “Form 0405 662 Mining License TaxReturn” to calculate the Alaska MiningLicense Tax on all mining operationsconducted during the tax year in Alaska,including operating and royalty interests.

Motor Fuel TaxAS 43.40

Motor Fuel tax is levied on motor fuel sold,transferred or used within Alaska. Motorfuel taxes are collected and reported usingforms supplied in “Form 04 530 MotorFuel Tax Return Booklet”, primarily fromwholesalers and distributors who arelicensed as a "Qualified Dealer" with theDepartment of Revenue.

Persons who first transfer or sell motor fuelin the state are subject to the tax. Motorfuel tax rates are as follows:

Gasoline, diesel, and gasohol:Highway $0.08 per gallonMarine $0.05 per gallonAviation gas $0.047 per gallonJet fuel $0.032 per gallon

Returns and payment are due on the lastday of the month following the month inwhich the fuel was sold or transferred.

Refunds are allowed for fuel used offhighway or for exempt purposes. Claimsmay be filed on “Form 04 544 Claim forRefund Motor Fuel Tax” with the TaxDivision within a year from the date ofpurchase. The off highway refund is 6¢ pergallon. Persons may claim a refund of theentire tax if the fuel was used for exemptpurposes.

A portion or all of the tax may be refundedto the user for certain exempt or offhighway uses.

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Salmon Enhancement TaxAS 43.76

The Salmon Enhancement Tax is a tax leviedon salmon sold in or exported fromestablished aquaculture regions in Alaska.The tax is used to support the enhancementprograms of various regional aquacultureassociations.

Fishers (including direct marketers, catchersellers and catcher processors) that sell tounlicensed fisheries businesses in the state,or that export salmon from an aquacultureregion, remit the tax on salmon sold tounlicensed buyers or exported fromestablished aquaculture regions. The tax isreported and paid annually using “Form 04566 Salmon Enhancement Tax Return”.

A completed Form 04 566, with payment, isdue before April 1st of the following year.Fisheries businesses may utilize the monthlypayment option for Salmon EnhancementTax. Use “Form 0405 568 FisheriesBusiness Monthly Payment and Report” ifyou chose this option.

Licensed buyers that purchase salmon mustcollect the tax and file on a monthly basis,using “Form 04 566 Salmon EnhancementTax Return”. A completed Form 04 566,with payment, must be filed no later thanthe last day of the month following themonth in which the salmon were purchasedor acquired.

Additionally, licensed buyers must file abonus return when a limited entry permitholder (as defined under AS 16.43) receivesend of season settlement or bonuspayments for salmon previously acquired bythe buyer.

In state licensed fish buyers that areresponsible for the collection of the SalmonEnhancement Tax must also file “Form 04

571 Salmon Enhancement Tax Buyer'sAnnual Report” annually.

Regional Seafood Development TaxAS 43.76

The Regional Seafood Development Tax islevied on certain species and gear typeswithin designated seafood developmentregions.

Fishers (including catcher sellers, catcherprocessors and direct market licenseholders) harvesting salmon using driftgillnet gear within Prince William Soundremit the tax on salmon sold to unlicensedbuyers or salmon exported from the state,and are responsible for paying the tax andfiling annually using “Form 04 582Regional Seafood Development Tax Return”before April 1st of the following year.

Licensed buyers collect and remit the tax onall salmon acquired from drift gillnetfishermen (including catcher sellers, catcherprocessors and direct market licenseholders) that harvested the salmon withinPrince William Sound.

Licensed buyers who purchase salmon fromdrift gillnet fishers (including catcher sellers,catcher processors and direct marketlicense holders) that harvested the salmonwithin Prince William Sound must collectthe tax and file the “Form 04 582 RegionalSeafood Development Tax Return” on amonthly basis.

Buyers must file a bonus return when thefishermen or direct market license holderreceives end of season settlement or bonuspayments for salmon previously acquired bythe buyer.

Proceeds from the tax may be appropriatedby the Alaska State Legislature to aidseafood development programs of qualified

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regional seafood associations.

Seafood Marketing AssessmentAS 43.76

A Seafood Marketing Assessment isimposed on all fisheries businesses andfisheries resource landing tax filers whosetotal value reported for seafood productsduring a calendar year is at least $50,000.The assessment rate is 0.5%.

A Seafood Marketing Assessment is leviedat a rate of 0.5% (.005) of the value ofseafood products produced or first landedin Alaska. This tax is also levied onunprocessed fisheries exported fromAlaska. Assessments are generally collectedfrom fisheries processors or landingtaxpayers.

Landing Tax taxpayers report and pay theSeafood Marketing Assessment on “Form0405 680 Alaska Fishery Resource LandingTax Return”. Fisheries Business taxpayersreport and pay the Seafood MarketingAssessment on “Form 0405 578 AlaskaSeafood Marketing Assessment Return”.Use “Form 0405 568 Fisheries BusinessMonthly Payment and Report” if you are aFisheries Business electing a monthlypayment option.

Tire FeeAS 43.98

Alaska levies a tire fee of $2.50 per tire onall new tires sold in Alaska. The fee appliesto retail sales in Alaska of each new tire formotor vehicles designed for highway use.The state levies an additional fee of $5.00on the sale of tires with metal studs orspikes weighing more than 1.1 grams each(“heavy studs”). The studded tire fee alsoapplies to the installation of heavy studs ona new or used tire. Sales to federal, stateand local government agencies for official

use are exempt from both portions of thetire fee.

Tire fees are due at the time of the sale orservice. The seller is required to collect thefees at the time of the sale or service. Theseller is also required to file a quarterlyreturn, “Form 04 200 Tire Fees QuarterlyReturn”. The return is due the 30th day ofthe month following the end of the calendarquarter.

Tobacco TaxAS 43.50

Alaska levies a tax on cigarettes and othertobacco products. The cigarette tax islevied on cigarettes imported into the statefor sale or personal consumption. Thetobacco products tax is levied on othertobacco products (other than cigarettes)imported into the state for sale.Department of Revenue collects tobaccotaxes primarily from licensed wholesalers,distributors, and retailers. The tax rate oncigarettes is 80 mills ($0.08) per cigarette;$1.60 per pack of twenty cigarettes. Thecigarette tax rate will increase to 90 mills($0.09) per cigarette on July 1, 2006 and to100 mills ($0.10) per cigarette on July 1,2007. There is an additional tax of $0.25per pack of twenty cigarettes on cigarettebrands that are manufactured bymanufacturers that did not sign the TobaccoMaster Settlement Agreement. TheCigarette Tax is paid by purchasing CigaretteTax stamps. A Cigarette Tax Stamp must beaffixed to the bottom of every pack ofcigarettes imported into Alaska for sale orpersonal consumption as proof that thecigarette tax has been paid. The tax rate onother tobacco products, such as cigars andchewing tobacco, is 75% of the wholesaleprice.

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Vehicle Rental TaxAS 43.52

Alaska levies an excise tax on the lease orrental of a passenger or recreational vehicleif the lease or rental period does not exceed90 consecutive days. The tax rate for apassenger vehicle rental is 10%. The taxrate for a recreational vehicle rental is 3%.Rentals or leases to Federal, State and localgovernment agencies for official use areexempt from the vehicle rental tax.

Use “Form 04 630 Vehicle Rental TaxQuarterly Tax Return” to report and pay anytaxes due. The quarterly return is due thelast day of the month following the end ofthe calendar quarter.

Commercial Weighing andMeasuring Device Registration

Alaska Department of Transportation andPublic Facilities (DOT&PF), Division ofMeasurement Standards and CommercialVehicle Enforcement (MSCVE)11900 Industry Way, Bldg M, Suite 2Anchorage, AK 99515Phone: (907) 365 1210Fax: (907) 365 1220http://www.dot.state.ak.us/mscve/main.cfm?go=index

Commercial weighing and measuringdevices must be registered with and a feepaid to DOT&PF/MSCVE annually.Registration forms and fee schedules areavailable by writing MSCVE.

Insurance Premium Tax

Alaska Department of Commerce,Community, and Economic Development,Division of Insurance, FinancialExamination SectionP.O. Box 110805Juneau, AK 99811 0805Phone: (907) 465 2515Fax: (907) 465 3422http://www.commerce.state.ak.us/insurance/[email protected]

All admitted insurance companies are liablefor a tax of 2.7% of gross premiums except:

Ocean marine premium taxes of 3/4of one percent of gross underwritingprofit;Hospital medical service corporationspay six percent of gross premium lessclaims paid, and/orTitle insurers pay one percent of grosspremiums.

Taxes on Oil and Gas

Alaska Department of Revenue, TaxDivision550 W. 7th Avenue, Suite 500Anchorage, AK 99501 3555Phone: (907) 269 6620Fax: (907) 269 6644http://www.tax.state.ak.us/

Oil and Gas Production Tax

The base tax rate on oil and gas produced inAlaska is 25% of the gross value at the pointof production; with a progressive surchargetax rate of 0.4% for every dollar the grossvalue per barrel exceeds $30. Forproduction tax values greater than $92.50per barrel, the progressivity rate changes to0.1% for each additional dollar in value.

There is a graduated minimum tax on oil

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and gas produced in Alaska, based on thegross value at the point of production. Theminimum tax is:

4% when the average USWC priceper barrel for ANS is more than $25;3% when the average USWC priceper barrel for ANS is over $20 butnot more than $25;2% when the average USWC priceper barrel for ANS is over $17.50but not over $20;1% when the average USWC priceper barrel for ANS is over $15 butnot over $17.50; or0% when the USWC price per barrelfor ANS is $15 or less.

There are special tax calculations for oil andgas produced from the Cook Inlet, with atax ceiling predicated on historic tax ratesfor each lease or property. Those tax ratesare based on the average tax rates for the12 month period ending March 31, 2006,and the rates apply to those leases orproperties that first commencedcommercial production on or before April 1,2006.

Alaska Statutes provide for various creditsfor oil and gas production taxpayers:

Alternative Credit for ExplorationCredit for Qualified CapitalExpendituresCarried Forward Annual Loss CreditSmall Producer CreditsTransitional InvestmentExpenditure CreditsNew Area Development Credit

Some, but not all, of the credits aretransferable. The State of Alaska alsopurchases certain tax credits under theprovisions of AS 43.55.028.

Additional Conservation Surcharge: TheState also collects a $0.01 per barrelconservation surcharge where there is less

that $50 million in the Hazardous ReleaseFund and an additional $0.04 per barrelconservation surcharge under AS 43.55.300.

The State of Alaska levies the followingspecific taxes on the petroleum industry:1. Property Tax: (ad valorem) Levied at

20 mills (2%) on the assessed value ofall oil and gas exploration, productionand pipeline transportation property.

2. Corporate Income Tax: Corporationsproducing or transporting oil and gasin Alaska compute tax usingworldwide combination andapportionment. The apportionmentformula uses sales, property, and oiland gas production. The maximumtax rate is 9.4%.

3. Production Tax Surcharge forHazardous Spill: $0.05 per barrel ischarged to each taxable barrel as longas there is less than $50 million in theHazardous Spill Release Fund. Whenthe $50 million cap is reached, thesurcharge falls to $0.02 per barrel.

Motor Freight

Alaska Department of AdministrationDivision of Motor Vehicles1300 W. Benson Blvd., Suite 900Anchorage, AK 99503 3696Phone: (907) 269 5551http://www.state.ak.us/dmv/

Commercial motor vehicles (power units)must be registered (licensed), and this mustbe done as soon as commercial operationsbegin.

Registrations are normally for a biennial(two year) period, however, any vehicleused commercially may, at the owner’soption, be registered for an annual period.The motor vehicle registration fees, paid tothe Department of Administration, are:

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Unladen Weight: Annual Fee0 5,000 lb. $905,001 12,000 lb. $13412,001 18,000 lb. $258Greater than 18,000 lb. $331

Unladen Weight: Biennial Fee0 5,000 lb. $1805,001 12,000 lb. $26812,001 18,000 lb. $516Greater than 18,000 lb. $662

The Division of Motor Vehicles (DMV)collects a Municipal Tax at the time ofregistration for your vehicle for thosemunicipalities that have elected to enactthis form of personal property tax. Theadministration of the Municipal Tax followsthe same guidelines as vehicle registrationfees, except that the Municipal Tax cannotbe collected in less than full 12 monthincrements.

Commercial trailers must be registered anddisplay a plate. The one time registrationfee for a commercial trailer is $20 for allweights. There is no annual or biennial reregistration requirement for trailers whileownership remains the same.

Additional information on the registrationof commercial trailers is available at theDMV website. Use “Form 812 Applicationfor Title & Registration” if you arerequesting an original title or registration inAlaska or are transferring a vehicle toanother person. Use “Form 821 VehicleTransaction Application” for most othertransactions.

Commercial Air Carriers

Alaska Department of Transportation andPublic Facilities, Statewide Aviation4111 Aviation AvenueAnchorage, AK 99502Phone: (907) 269 0741www.dot.state.ak.us/stwdav

Commercial air carriers (passenger orfreight) are required to have insuranceliability for a minimum of $150,000 per seatin a single occurrence and $100,000 forproperty damage in a single occurrence perAS 02.40.010 – 02.40.990. “Form 08 055Verification of Air Carriers Insurance” mustbe filed with DOT&PF.

An annual “Form 08 060 Air Carrier'sCertificate Insurance Coverage Compliance”is required from DOT&PF, StatewideAviation. The fee for a certificate is asfollows: $50 for a single aircraft, $100 fortwo aircrafts, and $150 for three or moreaircrafts.

Alaska International Airport System

Alaska Department of Transportation andPublic Facilities, Ted Stevens AnchorageInternational AirportP.O. Box 196960Anchorage, AK 99519 6960Phone: (907) 266 2526http://dot.alaska.gov/anc/

Alaska Department of Transportation andPublic Facilities, Fairbanks InternationalAirport6450 Airport Way, Suite 1Fairbanks, Alaska 99709Phone: (907) 474 2500http://dot.alaska.gov/faiiap/index.shtml

Airports are authorized to collect landingfees, terminal rental fees, ramp rental fees,Federal Inspection Service fees, parking

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fees, tie down fees, common use premisescharges, administered charges, and fuelflowage fees to aircraft that use theirfacilities. Regulation of International airportfees is under the jurisdiction of DOT&PF.

Rates and Charges for Ted Stevens Anchorage International Airport and FairbanksInternational Airport as of July 1st 2009:

Terminal Rental Rate (Month to Month): $85.16 per square foot per yearAircraft Ramp Rental Rate: $0.76 per square foot per yearFederal Inspection Service Fee: $35.00 per inspectionLanding Fee: $1.44 per 1,000 lbs. CMGTW

Fuel Flowage Fee:Signatory Airlines: $0.027 per gallonNon Signatory Airlines: $0.067 per gallon

Aircraft Parking Charge Rate:Narrow Body Aircraft – Up to 4 hours: $44.26 per use (1 x a/c p.c. rate)Wide Body Aircraft – Up to 4 hours: $88.52 per use (2 x a/c p.c. rate)Narrow Body Aircraft – 4 hours – 24 hours: $132.78 per use (3 x a/c p.c. rate)Wide Body Aircraft – 4 hours – 24 hours: $177.04 per use (4 x a/c p.c. rate)

Common Use Premises Charges:Anchorage:

Primary Bag Claim Device: $58.43 per square foot per year, plus$0.89 per enplaned passenger

All other common use premises: $1.77 per enplaned passengerFairbanks: $1.77 per enplaned passenger

Airport Administered Premises Charges:Narrow Body Aircraft: $327.65 per turnWide Body Aircraft: $589.76 per turnRegional Commuter: $229.35 per turnCommuter: $131.06 per turn

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Alaska Taxes Tax Table

Business Liable For Form Due Date Basis of TaxFisheries

Business TaxReturn

Form 0405 574 March 31st1% to 5% value offish resource

Alaska SeafoodMarketingAssessmentReturn

Form 0405 578 March 31st0.5% value of fish

resource

Alaska FisheryResource Landing

Tax ReturnForm 0405 680 March 31st

1% value ofDeveloping fishery

resource3% value of

Established fisheryresource

Fishery ResourceLanding TaxEstimatedPaymentVoucher

Form 0405 597

March 31st

June 30th

September 30th

December 31st

Equal installments,totaling lesser of

90% of current yeartax, or 100% of prior

year tax

Regional SeafoodDevelopment Tax

Form 04 582

Fishers: March31st

Buyers: Last dayof monthfollowingpurchase

Prince WilliamSound/Salmon DriftGillnet = 1% of value

SalmonEnhancementTax Buyer’s

Annual Report

Form 04 571March 1

following the taxyear.

Should reconcilewith previously filedmonthly returns.

Fisheries(Includes all

types of Fisheriesactivities. Someof these may ormay not be

required by yourbusiness)

SalmonEnhancementTax Return

Form 04 566

Fishers: On orbefore March31st of the

following year.Buyers: The lastday of the monthfollowing themonth in whichthe salmon werepurchased oracquired.

2% or 3% value ofresource dependingon aquacultural

region

MiningMining LicenseTax Return

Form 0405 662Last day of 4thmonth followingtax year end

Net income:$40,000=$0;

$40 50,000=3%;$50

100,000=$1500+5%;$100,000=4,000+7%

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Tobacco

Alaska Cigaretteand TobaccoProducts

Monthly TaxReturn

Form 0405 522

Last day ofmonth followingimport, sale, ormanufacture

Cigarettes 100 mills($1.60/pack) OtherTobacco 75% ofWholesale price

Vehicle RentalVehicle Rental

Tax Quarterly TaxReturn

Form 04 630Last day of

month followingend of quarter

Passenger 10%Recreational 3%

Per gallon:Liquor $12.80Wine $2.50

AlcoholAlcoholic

Beverage ExciseTax Return

Form 04 500Last day of

month followingsale or transfer

Beer $1.07

ElectricCooperative

ElectricCooperative

Gross Tax ReturnForm 04 055 March 1st

0.25 or .5 mill perkWh

TelephoneCooperative

TelephoneCooperative

Gross Tax ReturnForm 04 055 March 1st

1% or 2% GrossRevenues

$% of KWHUtilities

APUC Regulatorycost

No form #30th dayfollowingcalendar

% Gross revenuequarter

AlaskaCorporation NetIncome Tax

Form 04 61115th day of 3rdmonth followingtax year end

Graduated % oftaxable income from

1% to 9.4%Partnership withCorporatePartner

Payment ofEstimated AlaskaCorporation NetIncome Tax

Form 04 71115th day of each

quarterEstimated annual tax

AlaskaCorporation NetIncome Tax

Form 04 61115th day of 3rdmonth followingtax year end

Graduated % oftaxable income from

1% to 9.4%Corporation Payment of

Estimated AlaskaCorporation NetIncome Tax

Form 04 71115th day of each

quarterEstimated annual tax

Per gallon:Highway $0.08Marine $0.05Aviation $0.047

Motor FuelMotor Fuel TaxReturn Booklet

Form 04 530

Last day ofmonth followingsale, use, ortransfer

Jet Fuel $0.032

TireTire Fees

Quarterly ReturnForm 04 200

30th day ofmonth followingend of quarter

New tire $2.50Studded $5.00Stud install $5.00

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MUNICIPAL TAXATION

Property Tax

Nearly all home rule and first class boroughsand cities in Alaska levy and collect propertytaxes on both real and personal property.The tax is levied primarily on real estate, butin several communities, personal propertyitems such as business inventories, motorvehicles, aircraft, and mobile homesrepresent a substantial portion of the taxbase. Property is assessed at 100%valuation with rates ranging from 0 to 21.71mills. The four boroughs that do not levy

property taxes are Aleutians East, Denali,Lake and Peninsula, and Northwest Arctic.

Sales Tax

Since the state has no statewide sales tax,most municipalities use the sales tax as amajor source of income. Anchorage andFairbanks are the only major municipalitiesthat do not levy a local sales tax. Rates varyfrom one to 20% and apply to retail salesand rentals of various items, and also mayapply to locally provide personal services.Each community from year to yearregulates sales tax rates.

Borough & City Tax Requirements

Borough/City Population Property Sales Special

Aleutians East Borough 2,795 No No 2% Raw Fish Tax

Akutan 859 No No 1% Raw Fish Tax

False Pass 46 No 3% 6% Bed Tax

Cold Bay 72 No No 10% Bed Tax; $0.04/Gal. Fuel Tax

King Cove 756 No 4%2% Fishery Tax; Business Impact

Tax Flat Rate

Sand Point 992 No 3% 7% Bed Tax; 2% Raw Fish Tax

Anchorage Municipality 283,823 Yes No12% Bed Tax; 8% Car Rental Tax;

69.3 mill Tobacco Tax

Bristol Bay Borough 1,035 Yes No 3% Raw Fish; 10% Bed Tax

Denali Borough 1,731 No NoSev. Tax $0.05/yd Gravel;

$0.05/Ton Coal; 7% Bed Tax

Anderson 234 No No 8% Utility Tax

Fairbanks North StarBorough

90,963 Yes No8% Bed Tax; 5% Alcohol Tax; 8%

Tobacco Tax

City of Fairbanks 31,627 Yes No8% Bed Tax; 5% Alcohol Tax; 8%

Tobacco Tax

North Pole 1,945 Yes 4% No

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Haines Borough 2,257 Yes 5.5% 4% Bed Tax

City & Borough of Juneau 30,305 Yes 5%7% Bed Tax; 3% Liquor Tax;$0.30/pack Tobacco Tax

Kenai Peninsula Borough 52,370 Yes 2%/3% No

Homer 5,502 Yes 4.5% No

Kachemak 467 Yes No No

Kenai 6,971 Yes 3% No

Seldovia 429 Yes2%/4.5%

No

Seward 2,745 Yes 4% 4% Bed

Soldotna 3,992 Yes 3% No

Ketchikan GatewayBorough

13,160 Yes 2.5% 4% Bed Tax

City of Ketchikan 7,728 Yes 3.5% 7% Bed Tax

Saxman 438 No* 3.5% No

Kodiak Island Borough 13,568 Yes No1.05% Severance Tax; 5% Bed Tax;

911 Tax $0.75/Line

Akhiok 33 No* No No

Kodiak 5,689 Yes 6% 5% Bed Tax

Larsen Bay 83 No* 3% $5 per day/per person Bed Tax

Old Harbor 187 No* 3% 5% Bed Tax

Ouzinkie 155 No* 3% No

Port Lions 179 No* No 5% Bed Tax

Lake & Peninsula Borough 1,538 No No 2% Raw Fish Tax; 6% Bed Tax

Chignik 81 No NoLanding Tax 1% Salmon, 2% Other;

1% Proc. Tax

Egegik 64 No No 3% Raw Fish Tax

Port Heiden 87 No No NR

Newhalen 167 No No No

Nondalton 196 No 3% No

Pilot Point 61 No No 3% Raw Fish Tax

Matanuska Susitna Borough 80,056 Yes No5% Bed Tax; 5.29% Tobacco Excise

Tax

Houston 1,587 Yes 2% No

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Palmer 5,504 Yes 3% NoWasilla 7,025 Yes 2.5% No

North Slope Borough 6,748 Yes No No

Anaktuvuk Pass 277 No* NR NR

Atqasuk 223 No* No NoBarrow 4,052 No* NR NR

Kaktovik 286 No* No No

Nuiqsut 403 No* No 7% Bed Tax

Point Hope 704 No* 3% NoWainwright 540 No* No No

Northwest Arctic Borough 7,396 No No NoAmbler 277 No NR NR

Buckland 461 No 6% No

Deering 133 No 3% No

Kiana 391 No NR NR

Kivalina 398 No 2% NR

Kotzebue 3,133 No 6%6% Bed Tax; 6% Alcohol Tax; 6%

Gaming TaxNoorvik 636 No NR NR

Selawik 828 No 5% No

Shungnak 269 No 2% NoCity & Borough of Sitka 8,640 Yes 5%/6% 6% Bed Tax; 50 mill Tobacco

City & Borough of Yakutat 621 Yes 4%1% Raw Fish Tax; 8% Bed & Car

Rental Tax; 4% Serv. Tax

Note: Municipal Populations are from the State Department of Labor

* Indicates that the City does not levy property tax; however, the Borough in which the Cityis located does.

Communities Outside of Boroughs with Property or Retail Sales Taxes

AlakanukAleknagikAngoonAnkiakAtkaBethelBettlesBrevig MissionChefornakChevak

EmmonakFort YukonGalenaGambellHoonahHooper BayHydaburgKakeKlawockKodiak

NenanaNightmuteNomeNunapitchukPelicanPetersburgPilot StationPort AlexanderQuinhagakSt. George

SkagwayStebbinsTananaTellerTenakee SpringsThorne BayTogiakToksook BayUnalakleetUnalaska

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Clarks PointCordovaCraigDillinghamDiomedeEagleEekElim

KotlikKoyukKwethlukManokotakMarshallMekoryukMountain VillageNapakiak

St. Mary’sSt. Michael’sSt. PaulSavoongaScammon BayShaktoolikSheldon PointShishmaref

ValdezWalesWhite MountainWhittierWrangell

Check with your local municipality for current rates and for any special taxes such as raw fish tax,utility tax, fuel transfer tax, bed tax, etc.

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CHAPTER 6GOVERNMENT

Federal, State, and municipal governments provide services to strengthen businesses and toencourage commercial opportunities. These governments also regulate various areas of thestate for the protection of public and private interests.

Wherever your business is located within the state, you will have to be aware of the laws andregulations that impact you on a daily basis. This chapter is intended to provide a brief overviewof the various levels of government operating in Alaska, where they are located, and in the caseof Alaska municipalities, how they are organized (borough, home rule, first or second classcities).

FEDERAL GOVERNMENT

The federal government maintains officesthroughout the state with central offices ofmost departments in either Juneau orAnchorage. The following is a list ofimportant agencies to know:

U.S. Department of AgricultureRural Development AdministrationFarmers Home Administration

U.S. Department of CommerceSmall Business AdministrationEconomic DevelopmentAdministrationInternational Trade AdministrationEnvironmental Protection Agency

U.S. Department of InteriorBureau of Indian AffairsBureau of Land Management

U.S. Internal Revenue Service

U.S. Department of TransportationU.S. Coast GuardFederal Aviation Administration

Federal government services includetransportation, financing for small business,

health and welfare, trade and commerce,safety, defense, taxation, agriculture, andnatural resource management. Please seeChapter 10 under the appropriate headingfor various addresses of department andagency offices.

STATE GOVERNMENT

Alaska’s capital city is Juneau. There aredivisions of most departments located inAnchorage, Fairbanks, and Juneau. Fieldoffices are located in many othercommunities throughout the state.

Major service areas include: commerce andeconomic development, health and welfare,employment and labor, education,transportation, fish and game, naturalresources, revenue, administration,community and regional affairs, corrections,environmental conservation, law, militaryand veterans’ affairs, and public safety. TheUniversity of Alaska provides additionaleducational and research services. Theuniversity headquarters are in Fairbanks,with campuses in Anchorage and Juneau, aswell as branches in other communities. Fora complete listing of state departments andcontact information refer to Chapter 8,Alaska State Government.

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MUNICIPAL GOVERNMENT

Alaska has two forms of municipalgovernment, borough and city.

Borough

The organized borough is a unit of areawide local government that encompasses abroad region. This may include cities, fringemetropolitan areas, and large areas whereno settlement exists. Refer to chapter eightfor specific addresses for organizedboroughs.

“Borough” was chosen rather than “county”to avoid encumbering the unit of localgovernment with restrictive legalprecedents and to avoid the county systemof government found in other states with itsduplication of services and overhead.Boroughs have jurisdiction over education.Most boroughs also regulate land use andexercise the power of taxation.

There are four classes of boroughs: homerule, first, second, and third. The classesdiffer in the mandatory and optionalpowers and duties, which they assume.Mandatory duties are those which must beassumed by the borough. Other powersand duties are optional.

Mandatory Major Powers and Duties ofBoroughs

Each organized borough (home rule,first, second, and third class)constitutes a school district and mustestablish, maintain, and operate asystem of public schools on an areawide basis.Each organized borough (home rule,first, second, and third class) mustassess and collect all property taxeslevied within its boundaries.Home rule, first, and second class

boroughs are responsible forplanning, plotting, and zoning on anarea wide basis. Third class boroughsmay provide for planning, plotting,and zoning on a service area basis,but only after voter approval.Planning power may be delegated bya borough to a city to be exercisedwithin that city.

Optional Major Powers and Duties ofBoroughs

Home rule boroughs may exercise alllegislative power not prohibited bylaw or charter.First class boroughs may exerciseadditional powers by ordinance.Some acquisition of powers mayrequire voter approval.Second class boroughs may exerciseadditional powers by ordinance.Some acquisition of powers mayrequire voter approval.Third class boroughs may provideother services in service areas aftervoter approval.

Organized Boroughs

Alaska Department of Commerce,Community, and Economic Development,Division of Community and RegionalAffairs, Local Boundary Commission550 W. 7th Ave., Suite 1770Anchorage, AK 99501 2341Phone: (907) 269 4581Fax: (907) 269 4539http://www.commerce.state.ak.us/dca/lbc/lbc.htm

Unified Home Rule:City and Borough of JuneauCity and Borough of SitkaMunicipality of Anchorage

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Home Rule:City and Borough of YakutatHaines BoroughDenali BoroughLake and Peninsula BoroughNorth Slope BoroughNorthwest Arctic Borough

Second Class:Aleutians East BoroughBristol Bay BoroughFairbanks North Star BoroughKenai Peninsula BoroughKetchikan Gateway BoroughKodiak Island BoroughMatanuska Susitna Borough

City

The other form of Alaska municipalgovernment is the city. Like boroughs, citiesare categorized by “class.” There are threeclasses of cities: home rule, first, andsecond. The separation by class is basedupon population, power of taxation,regulatory power, mandatory andoperational power, and duties for eachclass.

The minimum number of permanentresidents required for first class or homerule is 400. A community must have at least25 permanent voting residents toincorporate as a second class city. Homerule and first class cities in Alaska’sunorganized borough must provide foreducation, planning, plotting, and land useregulation. Second class cities are exemptfrom this responsibility.

Incorporated cities:

Home Rule (12):Cordova Kodiak KenaiPetersburg Fairbanks NenanaNorth Pole Valdez PalmerKetchikan Seward Wrangell

First Class (20):Barrow Kake CraigSeldovia King Cove SkagwayDillingham Klawock SoldotnaGalena Nome TananaHomer Pelican HoonahUnalaska St. Mary’s WasillaHydaburg Sand Point

Second Class:All remaining incorporated cities (113).

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CHAPTER 7BUSINESS ASSISTANCEThis chapter identifies some of the public and private sources that are organized to providetechnical assistance to both new and established businesses. The organizations provideprograms and services to meet the needs of your business.

Alaska Department ofCommerce, Community, andEconomic Development

(DCCED)

Anchorage Office550 West 7th Avenue, Suite 1770Anchorage, AK 99501Phone: (907) 269 8100Fax: (907) 269 8125

Juneau OfficeP.O. Box 110800Juneau, AK 99811 0800Phone: (907) 465 2500Fax: (907) 465 5442

Fairbanks Office211 Cushman StreetFairbanks, AK 99701 4639Phone: (907) 451 2721Fax: (907) 451 2742http://www.commerce.state.ak.us

The mission of DCCED is to encourageinvestment and sound economicdevelopment throughout Alaska. Theefforts of DCCED are part of the State ofAlaska’s overall economic developmentstrategy to increase employment anddiversify our economic base. DCCED worksclosely with the private sector to achievethe following goals:

Increase and enhance demand forAlaska’s products and services, both

domestically and internationally.Ensure a supportive business climatein Alaska.Promote economic growth statewideto increase private sector employmentand economic opportunity forAlaskans.

The DCCED staff work to meet these goalsby providing assistance to Alaska’s businesscommunity. Some of the services they canprovide are listed below:

Information Access

Reports are produced on:Current business and economicinformation for the business sector;Business trends affecting Alaska’seconomy, andInternational market trends in Alaska’smain export products and markets.

Additional information may be found inDCCED’s library in Anchorage, open to thepublic during regular business hours.DCCED information and reports are in theprocess of becoming available on theirHome Page on the World Wide Web at:www.commerce.state.ak.us

Business Development Assistance

DCCED has trade and developmentspecialists in the areas of general business,commercial fisheries and seafood,manufactured goods, forest products, andminerals. They provide technical assistance

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and support through business counseling inthe areas of marketing research, productdevelopment, permitting, andintergovernmental coordination of plans,programs and projects.

DCCED also offers the Small BusinessEconomic Development Revolving LoanFund, Venture Capital Fund, CommercialFishing Revolving Loan Fund, and otherinvestment programs.

Promotion/Market Access

Buyer lists and trade leads.

Matchmaking connection withpotential buyers.Trade shows DCCED promotesAlaska products in trade and catalogshows targeted for the widestexposure.Trade missions DCCED leadsbusiness missions to selectedcountries, and can help arrangeindividual meetings for export readycompanies traveling overseas.Advocacy DCCED acts as your liaisonand advocate overseas anddomestically, finding information onpolicies and procedures and workingtoward resolution of trade anddevelopment barriers.

Overseas Representation

DCCED has contractors in Japan, Korea,Taiwan, and Russia who represent the statein these markets. For information, pleasecontact the Anchorage office.

Tokyo RepresentativeSeoul OfficeTaiwan ContractorSakhalin Contractor

Made in Alaska Program

The Made in Alaska program encouragesAlaskans and visitors to support Alaskancraft persons and manufacturers bypurchasing goods displaying this program’strademark. The Made in Alaska programidentifies and promotes productsmanufactured within the state.

Forest Product Preference, the AlaskaRecycled Product Preference, and theAlaska Products Preference Programs

These programs provide incentives forAlaska businesses responding to bids orproposals for state contracts by givingpreferential consideration. The “AlaskaProduct Preference Program” and the“Alaska Forest Product Preference Program”can provide a cost preference of up to 7%,while the Recycled Product preferenceProgram offers a 5% preference.

1. Alaska Product Preference Program isa program of preferences assigned tospecific Alaskan products on the basisof the percent of value added inAlaska.

2. Alaska Forest Product Preferencegives a 7% preference in a stateprocurement bid for wood productsmanufactured from Alaska timber.

3. The Recycled Product Program offersa 5% preference on recycled products;50% of the value of the product mustconsist of a product that waspreviously used, and the recyclingmust be done in Alaska.

Office of Economic Development

550 West 7th Avenue, Suite 1770Anchorage, AK 99501Phone: (907) 269 8110Fax: (907) 269 8125www.commerce.state.ak.us/oed/

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Established in 2004, the Office of EconomicDevelopment (OED) facilitates economicdevelopment and employmentopportunities, particularly in rural Alaska.OED offers specialized assistance in thetourism, fisheries, and mineralsdevelopment sectors.

Manages the contract for thestate’s marketing program.Provides technical assistance toindividuals, communities, and localdevelopment organizations forplanning and implementingprograms for the development andmarketing of visitor attractions,services, and facilities.Provides statewide public land andvisitor information services.

Alaska Office of Tourism Development

http://www.commerce.state.ak.us/oed/toubus/home.cfm

The Alaska Office of Tourism endeavors tostimulate sustainable, diversified economicgrowth and job opportunities in Alaskathrough tourism development, whilestrengthening cultural values andmaintaining quality of life for Alaskans.

The mission is accomplished by providingtraining, research, and information, as wellas planning, business development andproduct development assistance tocommunities, businesses, agencies andresidents.

Office of Fisheries Development

http://www.commerce.state.ak.us/oed/seafood/seafood.cfm

The Office of Fisheries Developmentperforms a number of functions related tothe economic development of Alaska’s

commercial fishing and seafood industry.Working in conjunction with industry, state,federal, and local agencies. This officeserves as a catalyst for fisheries relatedeconomic development projects in Alaska.

Alaska Regional DevelopmentOrganizations

Alaska Department of Commerce,Community, and Economic Development,Division of Community and Regional Affairs550 West 7th Ave., Suite 1770Anchorage, AK 99501Phone (907) 269 4501/4581Fax: (907) 269 4539http://www.commerce.state.ak.us/dca/ardor/ardor.htm

Another form of assistance is availablethrough the “Alaska Regional DevelopmentOrganizations” (ARDOR) program. TheARDOR program was signed into law in1988. The purpose of the ARDOR programis to facilitate economic development at theregional and local level through thedevelopment of a network of designatedpublic/private economic developmentorganizations.

ARDORs are not subdivisions of the state,but are nonprofit corporations responsibleto locally appointed boards of directors.The program’s underlying goal is thecreation of private sector employmentthrough local economic development andcapacity building.

ARDORs support a “bottom up” approach,which holds that sustainable economicgrowth is best accomplished through localdetermination of needs and priorities andownership in the resulting projects.Through this program, nearly 200representatives of local business, social andpolitical interests are serving on theindividual ARDOR boards of directors.

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The authorizing statute, AS 44.47.900,allows for a maximum of fifteen ARDORsstatewide with only one organizationdesignated within a specified region. At thepresent time, there are a total of twelvedesignated ARDORs statewide serving mostof the state’s population. If you are locatedwithin one of the existing ARDOR regions,an excellent first step in the development ofany business or economic developmentproject would be contacting the ARDORexecutive director of that region and askingfor his or her advice and counseling.

ARDOR executive directors are economicdevelopment professionals with knowledgeof local and economic conditions and theability to access information, help andtechnical assistance from a wide variety ofstate and federal agencies and the privatesector.

Community Development Quota

Alaska Department of Commerce,Community, and Economic Development,Division of Banking and SecuritiesP.O. Box 110807Juneau, AK 99811 0807Phone (907) 465 2521Fax: (907) 465 2549http://www.commerce.state.ak.us/bsc/

The “Community Development QuotaProgram” (CDQ) was developed to allowresidents of Bering Sea coastal communitiesin Western Alaska the ability to participatein the groundfish harvest while providingeconomic development to the region. TheCDQ program is administered jointly by theDCCED (lead agency) and the AlaskaDepartment of Fish & Game.

The CDQ program is a federal program thatallocates a portion of the Total AllowableCatch (TAC) for all federally managed BeringSea and Aleutian Island groundfish, halibut

and crab species to eligible communities inwestern Alaska. The CDQ program includesPollock, halibut, sablefish, Atka Mackerel,Pacific Cod, and crab species. Currently, theCDQ program has allocated portions of thegroundfish fishery that range from 10% forPollock to 7.5% for most other species. TheCDQ program was granted perpetuity statusthrough the Magnuson Stevens Actauthorized by Congress in 1996. The Stateof Alaska is responsible for theadministration and oversight of theprogram.

Sixty five Bering Sea coastal communitiesare eligible under federal and stateregulations, formed six CDQ groups, andestablished partnerships with major fishingcorporations. Local hire and reinvestmentof proceeds in fishery development projectsare required.

Since the inception in 1992, the programhas provided over $125 million inemployment, education, and trainingbenefits to more than 25,000 WesternAlaskan residents. The program has alsocontributed to infrastructure developmentprojects within the region as well as loanprograms and investment opportunities forlocal fishermen.

Alaska BusinessDevelopment Center, Inc.

840 K Street, Suite 202Anchorage, AK 99501Phone: (907) 562 0335/ (800) 478 3474Fax: (907) 562 6988http://www.abdc.org/

The Alaska Business Development Center,Inc. (ABDC) is a nonprofit consulting firmspecializing in providing business assistanceto the Alaska commercial fishing industry.

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Currently, ABDC maintains a contract withthe Alaska Division of Investments toprovide one on one technical assistance tocommercial harvesters and small businessparticipants or potential participants in theAlaska fishing industry. This service offersassistance for those who desire expandedopportunity and employment in theindustry, or who are in financial trouble.This program specifically targets projectsthat promote value added fish processing orincreased product quality.

Counseling services available to new andexisting fishing industry small businessesinclude, but are not limited to: businessplan development, presentations tofinancial institutions, bankruptcy and taxproblem resolution, marketing studies,contracting assistance, and other businessmanagement assistance. The center alsoprovides “hands on” counseling in thecompletion of federal, state, and privateloan and grant applications.

ABDC also maintains additional contractsthat are synergistic to the commercialfishing industry. One example is the dualcontract with the Bristol Bay EconomicDevelopment Corporation. The RegionalBusiness Development contract is designedto provide technical assistance to privateindividuals, groups and existing businessesto develop and/or expand seafood industryrelated business projects and opportunitiesas the need arises. The Infrastructurecontract is designed to provide technicalassistance to the 17 CDQ communitieswithin the Bristol Bay region; in order toidentify and develop project plans forseafood related infrastructure projects inthose communities.

Education/Training

ABDC provides a variety of different trainingopportunities to individuals, corporations,

local governments, and rural communitiesthroughout the State of Alaska. Thisconsists of special customized trainingbased on individual needs, which includeFinancial Literacy Training, Small BusinessManagement, Business Plan Development,Cash Flow Management, Strategic Planning,Human Resource Management,Contract/Grant Management and otherbusiness related topics.

Alaska Business Development Center’sVolunteer Tax and Loan Program

This program was incepted in 1996 byABDC, in collaboration with the IRS,University of Alaska Anchorage College ofBusiness and Public Policy, and the AlaskaDivision of Investments. Under thisprogram Alaskan rural residents areprovided, free of charge, professional taxpreparation services, business counselingand training, and IRS problem resolutionassistance. During the 2009 tax season,VTLP teams comprised of advanced collegeaccounting students and tax supervisors, aswell as Alaska Business Development Centerconsultants visited a total of ninety fourcommunities in eleven areas to provide taxpreparation and loan application services aswell as financial counseling. VTLPvolunteers prepared 3,375 tax returns,assisting approximately 6,806 people. As aresult of these efforts, more than $3.7million in tax refunds are returning to thesecommunities.

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Alaska Small BusinessDevelopment Center

http://aksbdc.org/

South Central Region430 W. 7th Avenue, Suite 110Anchorage, AK 99501 3550Phone: (907) 274 7232 or (877) 478 7232Fax: (907) 274 0565

Great North Region604 Barnette St., Suite 220Fairbanks, AK 99701 4655Phone: (907) 456 7232 or (800) 478 1701Fax: (907) 456 7233

Southeast Region3100 Channel Drive, Suite 306Juneau, AK 99801 7814Phone: (907) 463 3789Fax: (907) 463 3430

South West Peninsula Region43335 Kalifonsky Beach Rd., Suite 12Soldotna, AK 99669Phone: (907) 260 5629Fax: (907) 260 1695

Central Region201 N. Lucille St., Suite 2AWasilla, AK 99654 7010Phone: (907) 373 7232 or (877) 373 7232Fax: (907) 373 7234

Rural Outreach Program for Entrepreneurs430 W. 7th Avenue, Suite 110Anchorage, AK 99501 3550Phone: (907) 274 7232 or (800) 478 7232Fax: (907) 274 9524

The mission of the “Alaska Small BusinessDevelopment Center” (AKSBDC) is to foster,promote, and assist the growth anddevelopment of small businesses in theState of Alaska through a multi faceted

business assistance program.

The objectives of the AKSBDC program areto leverage federal dollars and resourceswith those of the state, academiccommunity and private sector to:

Strengthen the small businesscommunity;Contribute to the economic growth ofthe communities served;Make assistance available to moresmall businesses than currentlypossible with federal resources, andCreate a broad based delivery systemto the small business community.

The University of Alaska Anchorage Collegeof Business & Public Policy serves as thehost institution for the AKSBDC.

Counseling and training in the followingspecialized areas are the primary servicesprovided to small business owners andindividuals interested in starting a business:

Business Start Up/AcquisitionSources of CapitalMarketing/SalesGovernment ProcurementAccounting & RecordsTax ComplianceFinancial Analysis/Cost ControlInventory ControlEngineering, R&DPersonnelComputer SystemsE CommerceInternational Trade

AKSBDC Procurement TechnicalAssistance Center

Anchorage430 West 7th Ave., Suite 110Anchorage, AK 99501Phone: (907) 274 7232/(800) 478 7232

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Fairbanks604 Barnette Street, Suite 220Fairbanks, AK 99701Phone: (907) 456 7232/ (800) 478 [email protected]

The “Procurement Technical AssistanceCenter” (PTAC) at the AKSBDC helps areabusinesses bid competitively on federal,state, and local government contracts.PTAC Alaska provides market research andtechnical assistance to businessesinterested in selling their goods or servicesto government agencies. Experiencedspecialists in government marketing assistfirms in identifying potential markets,determining its possibilities, developing amarket strategy and identifying points ofcontact at targeted agencies. The PTACuses a number of computer databases thatprovide timely information and biddingopportunities from federal, state, local andforeign agencies. Specific services include:

Technical counselingBid & proposal preparationTraining seminarsMarketing resourcesElectronic commerceSolicitation acquisition

Alaska Travel IndustryAssociation

2600 Cordova Street, Suite 201Anchorage, AK 99503Phone: (907) 929 2842Fax: (907) 561 5727www.alaskatia.org/[email protected]

For the past four years the Alaska TravelIndustry Association (ATIA) has been inexistence to promote trade and marketingtrade for over 1,000 large and small tourismand travel related businesses throughout

Alaska.

The Alaska TIA has addressed a wide varietyof issues that impact the travel and tourismindustry including:

Glacier Bay entry permittingTongass shoreline outfitters planDesignation of scenic highways andbyways in AlaskaAddressed targeted and specifictourism taxation issuesCommented on the statetransportation improvement project

BUY ALASKA

430 West 7th Ave., Suite 100Anchorage, AK 99501Phone: (907) 274 7232 or (800) 478 7232Fax: (907) 274 9524http://www.buyalaska.com/

The “BUY ALASKA Program” assistsbusinesses, consumers, and governmentagencies in finding competitive Alaskansources when buying goods and services.The program’s goal is to help Alaskans shifttheir “outside” spending by just 10% back tobusinesses in Alaska, creating a strongerlocal economy. The BUY ALASKA programoffers the following free services:

Membership in the BUY ALASKAProgramSales referrals and leads forbusinesses enrolled in BUY ALASKAMembership listing in the searchableBuyNet database is located atwww.buyalaska.com.Research services for buyers trying tofind competitive local suppliersAssistance in finding competitive localsuppliers to buy fromStatewide public awarenessadvertising by BUY ALASKA promotingbuying from businesses in Alaska

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Website offering an interactive “SignUp Wizard” and searchable businessdatabase called “BuyNet”

All businesses located in Alaska areencouraged to register with the BUYALASKA program to ensure inclusion in theBuyNet database used for making referrals.Log on to www.buyalaska.com for moreinformation on how the program canspecifically benefit your business

The Technology Research andDevelopment Center of

Alaska

430 West 7th Ave., Suite 110Anchorage, AK 99501Phone: (907) 274 7232http://trendalaska.org/[email protected]

The “Technology Research andDevelopment Center of Alaska” (TREND)provides Alaskan businesses with assistancein the areas of research grant proposals,technology transfer, searches and anglecapital. All services are absolutelyconfidential and, with the exception ofAceNet, completely free of charge. ATTCprovides the following services:

Comprehensive assistance with allaspects of the Small BusinessInnovation Research Grants (SBIR) andSmall Business Technology Transfer(STTR) programs. (The SBIR and STTRprograms represent a process throughwhich federal agencies, such as theDepartment of Defense and theNational Science Foundation, solicitsmall businesses to research anddevelop technology that is of interestor necessity to their agency and thenation.)o Proposal review

o Matches between clientresearch interest and SBIR topics

o Refinement of research ideaso Other services as needed

Technical searches for backgroundinformationo Preliminary patent searcheso Subscription databases

Technology transfero Links to The National

Aeronautics and SpaceAdministration (NASA) NASAdeveloped technologies

AceNet Network operator for Alaskao SBA sponsored listing service

for entrepreneurs seeking equityinvestments in their businessbetween $250,000 and $5Million

Virtual EnterpriseManufacturing of Alaska

430 West 7th Avenue, Suite 110Anchorage, AK 99501Phone: (907) 274 7232/ (800) 478 [email protected]

The Virtual Enterprise Manufacturing ofAlaska (VEMAK) program helps small tomedium sized manufacturers, fabricators,finishers, and material suppliers inproducing parts for aging weapons systemsfor the U.S. Department of Defense. Thegoal of the VEMAK program is to developmanufacturing infrastructure in Alaskathrough hands on assistance to Alaskabased small businesses. By uniting smallmanufacturers to form a “virtualmanufacturing network”, Alaska businessescan utilize their combined production skills,capabilities and capacities to function as alarger manufacturing enterprise. The resultis rapid, efficient, and effective productionof parts that meet the needs of the

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Department of Defense as well as thebusiness community of Alaska.

World Trade Center Alaska

431 West 7th Avenue, Suite 108Anchorage, AK 99501Phone: (907) 278 7233Fax: (907) 278 [email protected]

The “World Trade Center Alaska” (theCenter) is a statewide membershipassociation of companies, individuals andorganizations involved directly or indirectlywith international business. The mission ofthe Center is to assist Alaskans to competefor international trade and investment inthe global marketplace. Established in1987, the Center is a private, non profitorganization and is part of the globalnetwork of 300+ World Trade Centers. TheCenter provides information and servicesdesigned to connect Alaskan sellers withoverseas buyers. Through its programs andevents, the Center helps Alaskans to gainthe technical expertise necessary tosuccessfully conduct international business.Activities include: trade counseling,seminars, shows, missions, a monthlyluncheon series and the annual statewideeconomic forecast luncheon.

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CHAPTER 8FINANCIAL ASSISTANCEFinancing of a new business can come from various sources. Some of the most common sourcesare personal savings, family and friends, banks, federal, state and local programs or venturecapital companies. This chapter is divided into three sections: federal, state, and venture capitalfinancing available to potential and established Alaskan businesses. When requesting financingfrom any source, be sure to provide a thorough business plan and understand that lendingsources often require 20% to 50% equity participation by the business entity; this demonstratesa commitment by you to your business venture.

FEDERAL PROGRAMS

U.S. Department of theInterior, Bureau of Indian

Affairs

U.S. Department of the Interior, Bureau ofIndian AffairsP.O. Box 25520Juneau, AK 99802 5520Phone: (800) 645 8397Fax: (907) 856 7252http://www.doi.gov/bia/

The Department of the Interior (DOI),Bureau of Indian Affairs (BIA) is a federalagency, which administers loan programsunder the Indian Finance Act. The BIAoffers the following program:

Loan Guarantee Program (LG)The BIA offers either 80% or 90%guarantees on loans made by a commercialbank to an Alaska Native, American Indian,tribe, or ANCSA Corporation. The ceilinglimit for an individual is $500,000 and $7.0million for tribes and ANCSA Corporations.Based upon need, interest subsidies areavailable. Loan limits are subject to theavailability of appropriations.

U.S. Department ofAgriculture, RuralDevelopment

U.S. Department of Agriculture, RuralDevelopment800 West Evergreen, Suite 201Palmer, AK 99645Phone: (907) 761 7705Fax: (907) 761 7783www.rurdev.usda.gov

The United States Department ofAgriculture (USDA) Rural Developmentprograms include: Rural BusinessCooperative Service (RBS), Rural UtilitiesService (RUS), and Rural Housing Service(RHS). USDA Rural Development has avariety of programs available to supporteconomic and community development inrural areas, including loan guarantees,direct loans, and grants. These programsinclude:

Business and Industry Guaranteed Loans(B&I)The B&I Program can provide guarantees upto a 90% loan for businesses located in ruralareas or cities with a population of 50,000or under. (In Alaska, this includes all areasoutside the Municipality of Anchorage.)Applicants may be individuals, partnerships,corporations, cooperatives, or nonprofit

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corporations. Almost all legal nonagriculture businesses are eligible. Eligiblepurposes include real estate, equipment,working capital, transfer of ownership, anddebt restructure.

Rural Business Enterprise Grants (RBEG)This grant program is used to support thedevelopment of small or emerging privatebusiness enterprise in rural areas. Eligibleapplicants are nonprofit corporations,municipalities or federally recognized Indiangroups.

Rural Business Opportunity Grants (RBOG)This grant program supports economicdevelopment planning in rural communitiesand provides for technical assistanceprograms supporting entrepreneurs andsmall businesses. Eligible applicants arenonprofit corporations, municipalities,federally recognized Indian groups, andcooperatives.

Value Added Producer Grants (VAPG)This highly competitive grant programprovides funding to independent agricultureproducers, producer groups, and producerowned cooperatives. Fishermen areconsidered independent agricultureproducers. Funds can be used to supportmarketing of the producer’s value addedproducts or for working capital needsrelated to the processing facility.

Renewable Energy Systems and EnergyEfficiency Improvements Grants (9006Energy)Grants are available to farmers, ranchers,and small businesses to support thepurchase and installation of renewableenergy systems or completion of energyefficiency improvement projects.Renewable energy includes wind, solar,biomass, geothermal, and certain hydrogenapplications. Energy efficiency can berelated to HVAC, refrigeration, process

improvement, etc. which results in asignificant reduction in demand for energy.

Grant funds are limited but their use is quiteflexible, including land purchase, buildingconstruction, equipment, technicalassistance or small revolving funds. Grantsare made to projects that have goodpotential to result in small businessdevelopment or expansion.

U.S. Small BusinessAdministration

Anchorage District Office510 L Street, Suite 310Anchorage, AK 99501 1952Phone: (907) 271 4022Fax: (907) 271 4545www.sba.gov/ak

Congress created the U.S. Small BusinessAdministration (SBA) in 1953 to helpAmerica’s entrepreneurs form successfulsmall enterprises. Today, SBA’s programoffices in every state offer financing,training, and advocacy for small firms. Inaddition, the SBA works with thousands oflending, educational, and traininginstitutions nationwide.

The SBA has several financial assistanceprograms:

Guaranty LoansThese loans, made by banks, may takeseveral forms. All of SBA’s financialassistance programs are under thisprogram. The loan request is initiatedbetween you to your local lender, and isdisbursed by the lender. Your payments aremade to the lender receiving SBA’sguaranty.

To obtain SBA’s guarantee, the lender issues

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the SBA application.

SBA may guarantee up to 80% of loans upto $100,000 or up to 75% of loans up to $2million.

Specialized LoansSpecialized loans include the InternationalTrade Loan Program, Export Loan Program,Seasonal Line of Credit Program, ContractLoan Program, and Certified DevelopmentCompany.

Projects Eligible for FundingFunding may be used to finance workingcapital needs, inventory purchases,machinery and equipment, leaseholdimprovements, business real estate, and insome circumstances, debt consolidation.

Funding CriteriaApplicants must meet SBA standards forsmall businesses. SBA uses much of thesame credit criteria as banks, employingsuch creditworthiness tests as cash flow,management ability and adequate ownerinvestment.

For more information regarding theprograms available through the SBA,contact the Anchorage branch, or visit theweb site.

Women$finances

YWCA of Anchorage324 E. 5th AveAnchorage, AK 99501Phone: (907) 644 9610www.ywcaak.org/finances.htm

Women$finances, a program of the YWCAof Anchorage, is an entrepreneurial trainingprogram designed to assist women tosuccessfully establish, grow and operatesmall businesses. Consistent with the

YWCA’s mission to empower women andeliminate sexism, the mission ofWomen$finances is to create a sense of thepossible for all entrepreneurs and smallbusiness owners in Alaska.

The Women$finances program is Alaska’sonly Women’s Business Center designatedby the U.S. Small Business Administration(SBA).

Women$finances provides:BrassTacks© Business Basics, a 10week business course offered onsiteand online.A variety of business training coursescovering such topics as marketing,how to apply for a business loan, ecommerce and more.Internet and computer access at theYWCA.Access to markets at the AnchorageSaturday Market and various tradeshows.Micro loans of up to $10,000 forwomen owned businesses.Mentoring and personalized businesscounseling.Financial literacy seminars.An Online Learning Center withaccess to a multitude of webresources for starting and running asuccessful business.Networking Opportunities throughthe Women’s Network forEntrepreneurial Training (WNET)Roundtables. These are monthlybrown bag workshops andrelationship building sessions forWNET members.

All of the programs, with the exception ofthe Micro loan, are available to both menand women. Though the courses andworkshops are rarely offered for free,scholarships and sliding fee scales areavailable for qualified individuals.

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STATE PROGRAMS

Agricultural Revolving LoanFund

Alaska Department of Natural Resources;Division of Agriculture1800 Glenn Highway, Suite 12Palmer, AK 99645 6736Phone: (907) 745 7200Fax: (907) 745 7242http://www.dnr.state.ak.us/ag/ag_arlf.htm

The “Agricultural Revolving Loan Fund”(ARLF) has provided funding for farmdevelopment, product processing,equipment, livestock, and annual operatingneeds of Alaska’s farmers since 1953. Thepurpose of the program is to foster growthof viable agricultural enterprises forresident farmers, homesteaders,partnerships, or corporations located in theState of Alaska. Loan interest rates are afixed rate comparable to other agriculturallending institutions. Depending on loanpurpose and repayment capacity of theborrower, loan terms may be up to 30years. Loan authority rests with a sevenmember board that meets monthly toconsider loan requests and other loanrelated actions.

Alaska IndustrialDevelopment and Export

Authority

813 West Northern Lights Blvd.Anchorage, AK 99503Phone: (907) 771 3000Fax: (907) 771 3044www.aidea.org

The “Alaska Industrial Development and

Export Authority” (AIDEA) is a publiccorporation of the state that providesfinancing assistance for economic growth inAlaska. Financing assistance provided byAIDEA range from working capital loanguarantees for small businesses to multimillion dollar ports that are owned byAIDEA. Businesses and projects financed byAIDEA must be economically feasible andable to demonstrate the ability to repaydebts; and must enhance the economy ofthe state, providing or maintaining jobs forAlaskans.

Through its financing assistance programs,AIDEA plays a key role in meeting the state’sneed for long term commercial financing.AIDEA’s programs help provide liquidity tofinancial institutions, extend the term of theloan for the Alaskan business, and supportprivate sector investments. Under AIDEA’sloan participation and guarantee programs,a bank must originate loans. AIDEA doesnot provide direct loans.

Under AIDEA’s Development FinanceProgram, AIDEA has the ability to own aspecific project or portion of a project. TheAIDEA owned projects are leased to andoperated by private sector users. Typically,the projects provide infrastructure supportfor private sector resource developmentand utilization. Examples of projects ownedby AIDEA include: the DeLong MountainTransportation System (road and portserving the Red Dog Mine), the FederalExpress Aircraft Maintenance Facility, andSnettisham Hydro Project.

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Division of Investments

Alaska Department of Commerce,Community, and Economic Development,Division of InvestmentsJuneauP.O. Box 34159Juneau, AK 99803 4159Phone: (907) 465 2510 or (800) 478 5626Fax: (907) 465 2103

Anchorage550 W. 7th Ave. Suite 1650Anchorage, AK 99501 3568Phone: (907) 269 8150Fax: (907) 269 8147www.commerce.state.ak.us/investments

The Alaska Division of Investments (ADI)offers loans for commercial fishing, fisheriesenhancement, and small business economicdevelopment, as well as assumptions onexisting loans under a number of loanprograms. Further information may beobtained by contacting the Juneau orAnchorage offices.

Commercial Fishing Revolving Loan FundCommercial fishing loans are available forvarious purposes at prime plus 2% (up to amaximum of 10.5%) for a maximum 15 yearterm. All loans must be secured byadequate collateral. A reduced interest rateof prime minus two points is availableunder Sections A, B, and F for gear or vesselupgrades that improve product quality.

Section A loans may be made toeligible commercial fishers for thepurchase of Alaska Commercial FishingLimited Entry Permits or to upgradeexisting vessels or gear to improve thequality of Alaska seafood. To qualifyan applicant must have been anAlaskan resident for the two yearperiod immediately preceding the dateof application and have three years of

commercial fishing experience duringthe past five years including the mostrecent season. The maximum loanamount is $300,000.Section B loans may be made to eligibleindividuals to purchase limited entrypermits or to purchase, repair, orupgrade vessels or gear. To qualify anapplicant must have been an Alaskanresident for the two year periodimmediately preceding the date ofapplication and must be deniedfinancing by a private sector lender.In addition, applicants must either beeconomically dependent oncommercial fishing for a livelihood andconsider fishing a traditional way oflife or live in an area that does nothave occupational opportunitiesavailable other than commercialfishing. The maximum loan availableis $100,000.Section C loans may be made toeligible individuals to purchase halibutor sablefish quota shares. To qualifyan applicant must have been anAlaskan resident for the two yearperiod immediately preceding thedate of application and must bedenied financing by a private sectorlender. In addition, applicants musthave held a limited entry permit orcrewmember license and activelyparticipated in a fishery for two of thepast five years. The maximum loanavailable is $300,000.Section D loans may be made toeligible commercial fisherman tosatisfy past due federal taxobligations. To qualify an applicantmust have been an Alaska resident forthe two year period immediatelypreceding the date of application andbe current on tax filings with thefederal government. The maximumloan available is $30,000.Section F loans may be made to

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eligible individuals to upgrade existingtender vessels and gear to improvethe quality of Alaska seafoodproducts. To qualify, an applicantmust have been an Alaskan residentfor the two year period immediatelypreceding the date of application. Themaximum loan available is $300,000.Existing commercial fishing vesseland gear loans made by other lendersmay be refinanced. To qualify anapplicant must have been an Alaskanresident for the two year periodimmediately preceding the date ofapplication. The maximum loanamount is $300,000.

Rural Development Initiative Loan ProgramThis program was established in 2000 toprovide financing to small businessescreating jobs in rural communities. Thefund is owned by AIDEA and serviced by ADIthrough a servicing contract. To qualify abusiness must be located in a communitywith a population of 5,000 or less that is notconnected by road or rail to Anchorage orFairbanks, or in a community with apopulation of 2,000 or less if connected byroad or rail to Anchorage or Fairbanks. Inaddition, the loan must result in thecreation of jobs and the applicant mustprovide a portion of the project funding.The interest rate charged is prime minus 1point with a minimum rate of 6%. Themaximum loan amount is $100,000although two or more individuals maycombine their eligibility on a project andborrow up to $200,000.

Fisheries Enhancement Loan ProgramLoans may be made to qualified regionaland non regional private nonprofitcorporations that have obtained a permitfrom the Alaska Department of Fish andGame. Loan proceeds can be used to plan,construct, and operate fish hatcheryfacilities or to engage in other salmon

enhancement activities in the State. Theinterest rate is prime plus one point not toexceed 9.5%. The maximum loan availableis $10 million.

Small Business Economic DevelopmentRevolving Loan FundThis program was established in 1987 inconjunction with the U.S. Department ofCommerce, Economic DevelopmentAdministration (EDA). The fund is owned bythe AIDEA and administered by ADI througha servicing contract. The purpose of theprogram is to provide private sectoremployment in the areas designated byEDA. Applicants are required to obtainadditional private, non public financing of atleast twice the amount requested and mustbe denied financing by a private sectorlender. The interest rate charged is primeminus 4 points with a minimum rate of 4%.The maximum loan amount is $300,000.

PRIVATE PROGRAMS

Alaska Commercial Fishingand Agriculture Bank

3040 Lakeshore Dr.Anchorage, AK 99517Phone: (907) 276 2007Toll Free: (800) 544 2228Fax: (907) 279 7913www.cfabalaska.com

The “Alaska Commercial Fishing andAgriculture Bank” (CFAB) is a privatecooperative owned and operated by itsmembers/borrowers. CFAB, which openedits doors in 1980, was created by Alaskastatute to help meet the financing needs ofthe commercial fishing and agricultureindustries. It is the only private lenderauthorized to accept Alaska commercialfishing entry permits for collateral.

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In 2000, CFAB’s lending authority wasexpanded to include the tourism and otherresource based industries.

By statute, a borrower must be an Alaskanresident or a corporation whose majorityownership is Alaskan residents.

CFAB borrowers are its owners and as suchthey participate in the management of thecooperative by electing and serving on theBoard of Directors. Members also share inthe annual financial results through thepartial refund of interest paid and dividendsderived from the annual profits.

Juneau EconomicDevelopment Council

612 West Willoughby Avenue, Suite AJuneau, AK 99801 1732Phone: (907) 523 2300Fax: (907) 463 3929www.jedc.org

The mission of the “Juneau EconomicDevelopment Council” (JEDC), as apublic/private partnership, is to foster ahealthy and sustainable economic climate inthe City and Borough of Juneau and inSoutheast Alaska. The Council is pro activeand undertakes a number of specific effortsto maintain, expand, and create industriesin Juneau and Southeast. The Councilcollaborates with existing local and regionalorganizations to diversify and stabilize theeconomy, while protecting the uniqueAlaskan character and quality of life.

Southeast Alaska Business AssistanceCenterContact: Brian Holst, [email protected]

This regional assistance center services

Southeast, Alaska (an area from Metlakatlato Yakutat). They offer general andcustomized business workshops, one onone business counseling including businessplanning. These services are free.

Southeast Alaska Revolving Loan FundContact: Margaret O’[email protected]

The Southeast Alaska Revolving Loan Fund(RLF) provides technical assistance anddirect secured loans to small businessowners and other regional employers,including start ups, who cannot otherwiseobtain financing for viable projects that willprovide employment in Southeastcommunities. The RLF operates severalcommunity based revolving loan funds andis a USDA Intermediary Relending Program(IRP) lender.

Wood Products Development Service204 Siginaka WaySitka, Alaska 99835Phone: (907) 747 5688Fax: (907) 747 4331Contact: Dan [email protected]

Wood Products Development Services is astatewide program that focuses ondiversifying and strengthening companies inAlaska’s wood products industry and thedevelopment of value added woodproducts manufacturing. Wood ProductDevelopment service will assist companiesto diversify product lines, to improveproductivity and marketing, and to increaseglobal competitiveness.

[email protected]

SpringBoard assists Alaskan enterpriseswith the development, manufacture, andcommercialization of new products and

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services. SpringBoard is intended toidentify and capitalize on thesetechnologies in a variety of ways, includingthe commercialization of these technologiesinto core Alaskan industries like oil, mining,timber, and fishing. These products andservices have the potential to benefit theprivate sector, the Department of Defense(DOD), and society at large.

Knowledge Industry Network (KIN)

To distinguish the state as a cauldron ofentrepreneurship and knowledge exchangeto be used as a platform for innovation andinteraction in Alaska; KIN supplies essentialtools for employers, university students,civic entrepreneurs, and members of theprofessional workforce to connect acrossthe regions and industry sectors of Alaska.

Alaska Village Initiatives

1577 C Street, Suite 304Anchorage, AK 99501Phone: (907) 274 5400 or (800) 478 2332Fax: (907) 263 [email protected]

“Alaska Village Initiatives” (AVI) is a privatenon profit, membership based ruralcommunity development corporation,dedicated to improving the well being ofrural Alaska communities, families, andindividuals by embracing their culturalvalues, and strengthening their self reliancethrough training, assistance, advocacy, andeconomic development.

Who Is Eligible for Membership?

Regional and sub regional nonprofitorganizations that are voting members ofRural Alaska Community Action Programs,the 12 Regional Corporations that formed

the Alaska Native Settlement Claims Act,Individual Retirement Account’s, villagecorporations, cooperatives and ventures,and other low income community basedorganizations.

The corporation or community enterprisemust be a legal entity and have at least 15members or shareholders over 19 years ofage who live in rural Alaska (any place inAlaska outside the municipalities ofAnchorage, Fairbanks, and Juneau). Theannual membership fee is $50.

Why should a corporation or communityenterprise join Alaska Village Initiatives?

AVI offers its member a variety of servicesthat can enhance your community ororganization to become self sufficient.Along with a wide range of existing benefits,AVI regularly surveys its members and seeksnew benefits designed to meet itsmembers' needs. Other benefits formembers to consider are:

Priority access to programsDiscounted contracting feesCareer development opportunitiesincluding professional trainingseminars and conferences.Quarterly newsletterMembership directoryAccess to rural Alaska database

AVI offers a full range of fee basedprograms and services designed tostrengthen village economies, to create jobsand skills, and achieve financial selfsufficiency. Examples of programs andservices include:

Professional Services GroupCommunity visioning and planningBoard trainingStrategic planningSBA 8(a) application assistanceGrant application technical assistanceMergers & acquisitions

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Other technical assistanceBroadband internet trainingAlaska village environmental servicesProject Code Red®Tri Max Fire Suppression SystemPrivate land wildlife managementRural small business conference

Professional Services Group

Professional Services Group (PSG) is theconduit for professional services. Forexample, all board training, planning,business education and development, granttechnical assistance and broadband Internettraining are provided through PSG. PSGoften brings other AVI divisions together towork on a specific project. By bringing staffunder the PSG umbrella, AVI offers thecombined expertise of AVI staff andassociates to each project.

Private Lands Wildlife Management

The primary objective of the Private LandsWildlife Management (PLWM) initiative is toprovide incentives to landowners tomanage their land resources for the benefitof wildlife. This strategy will have a longterm effect of increasing wildlifepopulations, primarily through habitatimprovement. Larger wildlife populationswill increase subsistence huntingopportunities and bring cash income torural local economies through tourism andrecreational hunting revenues.

Alaska Village Environmental Services(AVES) provides the firefighting unit Tri Maxand Project Code Red® (fire department in abox).

Rural Small Business Conference

Each year AVI hosts the Rural Small BusinessConference. The Conference is designed toprovide business and technical information,

as well as networking opportunities to ruralAlaska businesses. A focal point of theConference is the Rural Alaska MarketplaceTradeshow. This tradeshow is an excellentopportunity for participants to get to knowexhibitors and see their showcase ofproducts and services.

Tanana Chiefs Conference

122 First Ave. Suite 600Fairbanks, AK 99701Phone: (907) 452 8251 or (800) 478 6822Fax: (907) 459 3957http://www.tananachiefs.org/

“Tanana Chiefs Conference BusinessDevelopment Center” (TCC) has two loanfunds available for businesses. The intentof the loan programs is to provide capitalfor businesses, which, in turn will improveeconomic growth by creating andmaintaining jobs. Long term success ofthese programs depends on each individualborrower’s timely repayment of loanproceeds.

Denji Fund

The Denji Fund is for businesses locatedwithin the 41 TCC villages. The Denji Fundcan lend up to 75% of total project costs fora total between $1,000 $250,000.Financing terms are between 1 15 yearswith an interest rate of 2% above the primerate. The Denji fund is a last resort forcapital; the client must be denied forfinancing by a bank or other financingentity.

Revolving Loan Fund (RLF)

The Revolving Loan Fund (TCC RLF) is a loanprogram for business within the FairbanksNorth Star Borough. The RLF can lend up to85% of total project costs for a total

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between $1,000 $50,000. Financing termsare between 1 15 years with an interestrate of 2% above the prime rate. The RLF isa last resort for capital; the client must bedenied financing by a bank or otherfinancing entity.

Alaska Minority BusinessDevelopment Center

122 1st Avenue, Suite 600Fairbanks, AK 99701Phone: (907) 452 8251 or (800) 478 6822Fax: (907) 459 3851

The “Alaska Minority Business DevelopmentCenter” (MBDC) is open for business at theTanana Chiefs Conference building inFairbanks. The program is designed toassist all minorities who wish to start abusiness, and can help with everything fromgeneral technical assistance and advice toassisting in the preparation of loanapplications and other technical documents.The only geographic requirement is that theproposed business and business owner belocated in Alaska. In order for the programto be productive, the MBDC must charge anominal fee for services provided. The rateat which the individual will be charged isdependent upon their ability to pay and thesize of the business, with the remainingcosts being paid through the programfunding.

Venture Capital

Venture capital is money private investor’ssupply to businesses with the expectationthat their money will return to them with alarge profit. Venture capitalists are in thebusiness of investing money to makemoney, and they expect equity positions inthe companies they finance. Most venture

capitalists have definite preferencesconcerning the location, type, and size ofcompanies in which they are willing toinvest. Most entrepreneurs andbusinesspersons are really not very familiarwith the business of venture capital. Sometend to believe that venture capital is easilyavailable for all sorts of businesses. It isnot. Of the over 50,000 operatingbusinesses in Alaska only a very tinynumber can hope to ever interest a venturecapitalist, much less be funded.

Many believe that venture capital is overlyexpensive, or that a company will have togive up too much control of the business. Itis certainly true that venture capital isexpensive and that venture capitalists willexpect a say in the operation of theenterprise. However, it is important toremember that the terms and conditions ofthe investment are negotiable, to a point,and more important, the entrepreneurneeds to balance the costs of venturecapital against the cost of foregoing thebusiness opportunities or market share thatcan be gained from moving quickly andgaining an adequate scale of operation.

Venture capital firms are interested ininvesting in businesses with especially highgrowth potential. The industry as a wholeexpects to generate an annual return oninvestments of approximately 30%, and thataverage figure includes a substantialnumber of total failures. Venture capitalistslook for between three and ten times returnon investment over a four to seven yearinvestment horizon and even more withespecially risky companies. Venturecapitalists are usually interested ininvestments of $250,000 and above. Aventure capitalist may receive hundreds ofproposals annually and reject the majorityof them out of hand; perhaps 1% or 2% willeven be seriously considered.

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If the decision is made to invest, theventure capitalist can be expected to takean active interest in the operation of thebusiness. Understanding this relationship isa necessary first step for the entrepreneur,as a good relationship between theentrepreneur and the venture capitalist isvital. This partnership will allow adeveloping business to achieve itsobjectives faster and more efficiently,which, in today’s dynamic and highlycompetitive marketplace, may be a criticalfactor in the survival and success of newbusiness development.

For more information on Alaska venturecapital and procedures for obtainingventure capital, contact DCCED or SBDC.Venture capital directories can also helpbusiness owners find appropriateinvestment firms for their businesses; thesedirectories are available at your locallibrary. See Chapter 10 for DCCED’s andSBDC’s locations and contact numbers.

Business and IndustrialDevelopment Corporations

Business and Industrial DevelopmentCorporations (BIDCOs) are private sectorfinancial institutions intended to promoteeconomic growth. They differ from banks inthat they are permitted to make equityinvestments in growing businesses, as wellas loan money. BIDCOs also are designed toprovide more technical assistance andmanagement consulting services to clientbusinesses than banks provide.

The BIDCO concept was first developed inMichigan in the early 1980’s in response toa severe recession. Louisiana followedMichigan’s lead and also has an activeBIDCO industry with a focus on ruralbusinesses. To date, twenty states have

passed statutes providing for the creation ofBIDCOs.

In 1992, the Alaska Legislature passed theAlaska BIDCO Act. In 1996, the legislatureauthorized the Alaska Science & TechnologyFoundation (ASTF) to provide a $3 millionloan to an Alaska BIDCO, if a $3 millionprivate sector investment was raised. Byfall 1996, ASTF issued a Request forProposals for businesses interested informing a BIDCO. In February 1997, theASTF Board of Directors selected a proposalfrom Growth Capital for final negotiations.Negotiations were completed by the end ofJune and ASTF and Arctic Slope RegionalCorporation (ASRC) supplied the initialcapitalization. Alaska’s first BIDCOcommenced formal operations on July 14,1997.

For more information on Alaska BIDCOs andprocedures for starting a BIDCO, contactAlaska Growth Capital.

Alaska Growth Capital

3900 C Street, Suite 302Anchorage, AK 99503Phone: (907) 339 6760Fax: (907) 339 [email protected]

“Alaska Growth Capital” is a commercialfinancial institution, licensed and regulatedby the State of Alaska. It is not regulated asa bank, but rather as a BIDCO. BIDCOs donot accept deposits and do not doconsumer lending. BIDCOs focus exclusivelyon financing businesses.

Alaska Growth Capital provides a financingalternative to businesses that may havetrouble gaining access to traditional bankfinancing. It can provide stand alone

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financing or participate with banks in jointfinancing. It makes a special effort to reachout to three types of businesses:

1) Rural,2) Minority owned, and3) Those that use innovative

technology.

Alaska Growth Capital can finance anybusiness operating within the state, butfocuses on businesses that are expandingAlaska’s economy. It is primarily interestedin industrial sectors such as manufacturing,resource development and tourism, andless interested in businesses such asrestaurants and retail outlets.

Alaska Growth Capital can provide hands ontechnical assistance to businesses in areassuch as financial planning, marketing, andbusiness operations. Clients also benefitfrom an affiliation with the 21 subsidiarycompanies of Arctic Slope RegionalCorporation (ASRC). ASRC, the owner ofAlaska Growth Capital, is the largestcorporation based in Alaska.

Certified DevelopmentCompanies

Evergreen Community DevelopmentAssociation

13925 Interurban Ave. South, Suite 100Seattle, WA 98168Phone: (206) 622 3731 or (800) 878 6613Fax: (206) 623 6613www.ecda.comAlaska Contact: Barbara [email protected]

“Evergreen Community DevelopmentAssociation” (ECDA) is a CertifiedDevelopment Company (CDC) organizedunder the auspices of the U.S. Small

Business Administration. It is one of themore than 250 CDC’s serving communitiesthroughout the United States. CDC’s areprivate non profit organizations staffedwith professional lenders that are familiarwith the SBA 504 Loan Program and how itmay be used by small businesses to financethe expansion of their permanent fixedasset base. The 504 Loan Program providespermanent long term financing withfavorable rates and terms to the smallbusinesses for this purpose.

The 504 Loan Program may be used tofinance land and building acquisition,construction, long term lease holdimprovements and major equipmentpurchases by actively managed smallbusinesses that would occupy and utilizethe premise as a part of their business. Tobe eligible, the project must have a positiveeffect on business and the local economy bycreating or retaining jobs or meeting othereconomic goals for the community.

The 504 Loan Program structure providesfor a joint cooperative effort between aprivate lending institution and ECDA to loanthe small the business the funds it requiresto fund a pre defined project such aspurchasing real property. The privatelending institution provides at least 50% ofthe funds needed and ECDA can fund up to40% for a total loan of 90% of the fundsneeded to fund a project. The remaining10% of the project cost is provided by thesmall business. This 50/40/10 structuremay vary depending on whether thebusiness is well established or is a newstart up business, and whether the fixedasset being financed is considered special orgeneral purpose in nature.

The private lender’s loan is secured by aprimary security interest in the fixed assetsbeing financed and ECDA is secured by asubordinate security interest in the same

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fixed assets being financed. If constructionfunds are needed to complete a projectsuch as construction or remodeling of abuilding, the private lender provides aninterim loan to the borrower that is repaidby the permanent loans provided by theprivate lender and the ECDA.

The ECDA portion of project funding may beup to 40% of a project’s cost, not to exceed$1,500,000, $2,000,000 or $4,000,000depending on the nature of the businessand project. There is no limit on the size ofthe private lender’s loan amount. The termof private lender’s loan must be a minimumof ten years for real estate based projectsand seven years for major equipmentpurchases. The corresponding ECDA loanterm is twenty years for real estate and tenyears for major equipment only purchases.The private lender’s interest rates arenegotiated independent of ECDA and theSBA, but must be reasonable. The ECDAinterest rate is a fixed rate that is based oncost of funds that are raised by sellingfederally guaranteed debentures (a form ofbond) in the national market via New York.The rate of interest has averagedapproximately 2.25% over the rate of theU.S. treasury 10 year bonds at the time thedebenture is sold.

As the largest Certified DevelopmentCompany in the Pacific Northwest, ECDAserves the states of Alaska, Washington andOregon and has helped create over 27,000jobs during its 25 year history. It has beeninvolved in more than 1,400 projects –facilitating over 1.5 billion dollars worth ofreal estate transactions.

Advantages of the 504 Loan Program:

For Businesses:Up to 90% financing = low downpaymentFixed rates, often below market

20 year termNo balloon payment

For Lenders:Low loan to value – usually 50%Senior collateral position for your loanEDCA prepares the Small BusinessAdministration paperworkCRA creditLowers reserve requirementsReduce credit risk to any one borrower

Other Sources of Assistance

Other sources of assistance include stateand local chambers of commerce, businessassociations, and numerous nonprofitbusiness assistance groups as well aslending institutions and private consultants.Refer to Chapter 10 for additionalinformation resources and addresses.

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CHAPTER 9ENVIRONMENTAL PROTECTION, HEALTH & SANITATIONCONTROLS


ENVIRONMENTAL CONSERVATION

Commissioner: Larry HartigDeputy Commissioner: Dan EastonPhone: (907) 465 5066http://www.dec.state.ak.us/

The “Alaska Department of EnvironmentalConservation” (DEC) is guided by thefollowing mission: “Conserving, improvingand protecting Alaska’s natural resourcesand environment to enhance the health,safety, economic and social well being ofAlaskans”.

Division of Air Quality

Director: Alice EdwardsPhone: (907) 465 5105http://www.dec.state.ak.us/air/index.htm

The Division of Air Quality enforces airquality standards and controls air pollutionusing three permit and complianceprograms: Air Non Point and MobileSources Program, Air Monitoring andQuality Assurance Program, and Air PermitsProgram.

Air Non Point and Mobile Sources ProgramProgramManager: Cindy HeilPhone: (907) 269 7579http://www.dec.state.ak.us/air/anpms/

The “Air Non Point and Mobile SourcesProgram” is responsible for controlling airemissions, which pose a risk to humanhealth and the environment from

stationary, mobile and other sources.

The mission of the Air Non Point & MobileSources Program is to protect public healthand the environment by working to achieveambient air quality standards throughoutAlaska.

Air Monitoring and Quality AssuranceProgramProgramManager: Barbara TrostPhone: (907) 269 6249http://www.dec.state.ak.us/air/am/index.htm

The “Air Monitoring and Quality AssuranceProgram” operates and oversees air qualitymonitoring networks throughout Alaska.Primary services include:

Operating ambient air qualitymonitoring networks to assesscompliance with the National AmbientAir Quality Standards for carbonmonoxide, particulates, nitrogendioxide, sulfur oxide, and lead; andAssessing ambient air quality forambient air level of air toxics;Issuing air advisories to inform thepublic of hazardous air conditions.

Air Permits ProgramProgramManager: John KuterbachPhone: (907) 465 5100http://www.dec.state.ak.us/air/ap/mainair.htm

The “Air Permit Program” permits airemissions from stationary industrialoperations and enforces compliance withair quality standards.

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Division of Environmental Health

Director: Kristin RyanPhone: (907) 269 7644http://www.dec.state.ak.us/eh/index.htm

The Division of Environmental Healthregulates safe drinking water, food, andsanitary practices. Our goal is to providebusinesses with clear standards to providesafe food and drinking water to Alaskans.

Drinking Water ProgramProgramManager: James WeisePhone: (907) 269 7647http://www.dec.state.ak.us/eh/dw/index.htm

The “Drinking Water Program” permits andinspects public water systems to protect thepublic health of residents and visitors toAlaska.

Food Safety and Sanitation ProgramProgramManager: Ron KleinPhone: (907) 269 7501http://www.dec.state.ak.us/eh/fss/index.htm

The “Food Safety and Sanitation Program”reviews, inspects, trains and permitsfacilities that process, manufacture, sell,and serve food in Alaska.

Environmental Health LaboratoryChief, Laboratory Services: Dr. Thomas K.HathawayPhone: (907) 375 8200http://www.dec.state.ak.us/eh/lab/index.htm

The “Environmental Health Laboratory”conducts chemical and microbiological testsof food, water, and soils. It also certifiescommercial and municipal laboratories toanalyze drinking water and accreditscommercial laboratories to conduct soil

contamination analyses.

Pesticide Control ProgramEnvironmental Specialist: Curtis DunkinPhone: (800) 478 2577/ (907) 376 1870http://www.dec.state.ak.us/eh/pest/

The “Pesticide Control Program”investigates complaints, and conducts avariety of inspections includingMarketplace, Use/Misuse, and AgriculturalWorker Protection Inspections. Theyregister pesticides for sale and distributionin Alaska. They certify applicators, promoteAgricultural Worker Safety, regulatenotification of the public before pesticidesare applied in public areas, and issuepesticide permits.

Solid Waste ProgramProgramManager: Bob Blankenburg, P.E.Phone: (907) 269 7581http://www.dec.state.ak.us/eh/sw/index.htm

The “Solid Waste Program” is committed toprotecting public health and theenvironment by reviewing permitting andinspecting municipal and industrial landfillsand waste collection facilities.

State Veterinarian’s OfficeState Veterinarian: Dr. Robert GerlachPhone: (907) 375 8200http://www.dec.state.ak.us/eh/vet/index.htm

The “State Veterinarian” permits andmonitors the importation and exportationof pets, domestic livestock, and veterinarybiologics. The State Vet further is chargedwith controlling new and emerging animaldiseases, zoonotic diseases, foreign animaldiseases, and agriculture based bioterrorism threats.

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Division of Information andAdministrative Services

Director: Michael E. MaherPhone: (907) 465 5010http://www.dec.state.ak.us/das/index.htm

DEC’s “Division of Information andAdministrative Services” is dedicated toproviding support for departmentalprograms and providing traditionaladministrative functions of accountingservices, information services, budgetreview, and facility management.

Budget ServicesManager: Joey K. AuselPhone: (907) 465 5235

Budget Services prepares the Department’sannual budget for review and approval bythe Governor and Legislature.

Environmental Crimes UnitChief Investigator: Jim BowdenPhone: (907) 451 2148

The “Environmental Crimes Unit” (ECU)investigates criminal violations of Alaska’senvironmental laws.

ECU has primary responsibility for theenforcement of laws governing theprotection of water, land, and air quality.Normally, the regulatory staff throughadministrative or civil remedies enforcesthese laws. However, when polluting orenvironmentally harmful conduct becomesintentional, knowing, or reckless, criminalenforcement must be considered. Inaddition to threatening the quality ofAlaska’s environment, nearly allenvironmental crimes involve a risk topublic health, now or in the future.Environmental crimes include the illegaldischarge of pollutants into Alaska's watersources, the improper disposal of solid or

hazardous waste, and the illegal dischargeof pollutants into the atmosphere.

ECU has statewide responsibility for theinvestigation and prosecution of the mostegregious violations of environmental law.Primary duties include:

Investigating significant threats ofharm to public health or theenvironment;Identifying those responsible for themost serious violations ofenvironmental law;Prosecuting those responsible forcommitting environmental crimes;Preventing unfair economic advantageby violators who try to avoidregulatory requirements;Identifying those responsible for costsof environmental cleanups; and,Providing primary and advancedenforcement training for thedepartment's regulatory staff.

Financial ServicesProgramManager: Joanna McDowellPhone: (907) 465 5289

Financial Services ensures DEC's financialprocessing is in compliance with federal,statutory, and regulatory requirements aswell as generally accepted accountingprinciples. Services include:

Accounts payable;Accounts receivable – pay DECinvoices;Federal revenues, billings, reporting;Fund accounting;Cost recovery and cost allocationplanning; and,Financial auditing to ensurecompliance with all laws, statutes, andregulations pertaining toappropriations and generally acceptedaccounting principles.

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Information Services ProgramProgramManager: Amanda GellhousePhone: (907) 465 5060

Information Services provides planning andtechnical support to the department oncentralized information systems. Servicesinclude:

Data management;Network services;Software and hardware;Documentation standardization andsoftware licensing;Planning and technical networksupport to the department on systemsconnectivity;Desktop support;Network services support; and,Hardware and software support.

Procurement ServicesProgramManager: Deborah PockPhone: (907) 269 0291

Procurement adheres to the State of Alaskastatutes and regulations for theprocurement of goods, services, and facilityleases. Services include:

Procurement How to do businesswith the State of Alaska,Administrative Manual, ContractAwards, Statutes and Regulations;Contract Management;Facility Leasing and Management;Public Notices: Request for Proposalsand Invitations to Bid for DEC; and,Property Surplus, Sales Barn,Auctions.

Division of Spill Prevention andResponse

Director: Larry DietrickPhone: (907) 465 5250http://www.dec.state.ak.us/spar/index.htm

The “Division of Spill Prevention and

Response” regulates the transportation andstorage of oil and hazardous substances toprevent spills, and approves spill clean upplans prepared by the spiller and respondsrapidly to spills to protect human healthand the environment.

Contaminated Sites ProgramProgramManager: Steve BainbridgePhone: (907) 451 2143http://www.dec.state.ak.us/spar/csp/index.htm

The “Contaminated Sites Program” reviewsand approves plans for the clean up ofcontaminated soil and groundwaterprepared by the landowner or responsibleparty.

Industry Preparedness ProgramProgramManager: Betty SchorrPhone: (907) 269 3054http://www.dec.state.ak.us/spar/ipp/index.htm

The “Industry Preparedness Program” (IPP)reviews and approves oil spill preventionand response contingency plans preparedby producers, transporters and distributorsof crude oil and refined oil products toprevent oil spills and ensure they are fullyprepared materially and financially to cleanup spills.

Prevention and Emergency ResponseProgramProgramManager: Bob MattsonPhone: (907) 465 5349http://www.dec.state.ak.us/spar/perp/index.htm

The “Prevention and Emergency ResponseProgram” reviews and approves oil andhazardous substance release cleanup plans.

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Response Fund Administration ProgramProgramManager: Gary CusciaPhone: (907) 465 5270http://www.dec.state.ak.us/spar/rfa/index.htm

The “Response Fund Administration”manages the Response Fund as a viable,long term source for the state's core spillprevention and response initiatives. The Oil& Hazardous Substance Release Prevention& Response Fund provides a readilyavailable funding source to investigate,contain, clean up and take other necessaryaction to protect public health and welfareand the environment from the releases orthreatened release of oil or a hazardoussubstance.

Division of Water

Acting Director: Lynn KentPhone: (907) 269 7599http://www.dec.state.ak.us/water/index.htm

Alaska Department of EnvironmentalConservation, “Division of Water's” missionis to improve and protect water quality. Inkeeping with this mission, the Division:

Establishes standards for watercleanliness;Regulates discharges to waters andwetlands;Provides financial assistance for waterand wastewater facility construction,and water body assessment andremediation;Trains, certifies, and assists water andwastewater system operators; and,Monitors and reports on waterquality.

Municipal Loan ProgramProgramManager: Mike LewisPhone: (907) 269 7616http://www.dec.state.ak.us/water/muniloan/

The “Alaska Clean Water Fund” and the“Alaska Drinking Water Fund” provide loansand engineering support for drinking water,wastewater (sewer), solid waste and nonpoint source pollution projects, such aswater body restoration and recovery.These loan programs are designed for cities,boroughs and qualified private utilities.Primary services are:

Providing low interest loans up totwenty years in duration for projectsor eligible portions of projects;Refinancing eligible projects;Assigning a project engineer to assistwith plans, designs, construction andregulations;Assuring timely reimbursement forconstruction expenditures; and,Ensuring appropriate and effective useof loan funds.

Municipal Water, Sewerage, and SolidWaste Matching Grant ProgramProgramManager: Mike LewisPhone: (907) 269 7616http://www.dec.state.ak.us/water/munigrant/

The “Alaska Municipal Water, Sewerage,and Solid Waste Matching Grant Program”provides partial funding and engineeringsupport for drinking water, wastewater,solid waste and non point source pollutionprojects, such as water body restorationand recovery. These state grants primarilyassist the larger communities and boroughsin Alaska. Primary services are:

Providing grants for facility planningand construction; andAssigning a project engineer to assistwith plans, designs, construction and

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regulations.

Non Point Source Water Pollution ControlProgramManager: Cindy GilderPhone: (907) 269 3066http://www.dec.state.ak.us/water/wnpspc/

The mission of the “Non Point Source WaterPollution Control Program” is to protectwater quality from non point sources ofpollution by:

Preventing storm water pollution ofwater bodies by approvingconstruction site plans;Ensuring wetland fills do not adverselyaffect water quality by certifyingCorps of Engineer dredge and fillpermits;Reviewing timber harvest plans andperforming related field inspectionsfor forestry operations;Reviewing and approving constructionplans and Storm Water PollutionPrevention Plans for storm waterdischarges from industrial andconstruction sites;Establishing a schedule for developingrecovery plans on impaired waterbodies;Providing pass through funding andtechnical assistance to municipalities,local groups, and other state agenciesinvolved in water quality projects;and,Responding to public concerns andcomplaints on local water qualityissues.

Operator Training and CertificationProgramProgramManager: Kerry LindleyPhone: (907) 465 5143http://www.dec.state.ak.us/water/opcert/

The “Operator Training and CertificationProgram” develops training programs,administers examinations and certifies

community water and wastewater systemsoperators. Primary services are:

Developing training curriculum,correspondence courses, certificationstandards, and examination materialsfor over 2,500 certified drinking waterand wastewater system operators;Notifying operators of trainingopportunities;Working with the Alaska Water &Wastewater Advisory Board toestablish standards for certifyingoperators and to adjudicatecertification actions;Maintaining a lending library ofreference and training materials; and,Administering semi annual statewidecertification exams.

Remote Maintenance Worker ProgramProgramManager: Kerry LindleyPhone: (907) 465 5143http://www.dec.state.ak.us/water/rmw/

The “Remote Maintenance WorkerProgram” develops the capacity of ruralAlaskans to operate local water and sewerfacilities, while safeguarding state andfederal capital investments in utilityinfrastructure. Primary services are:

Providing over the shoulder trainingand technical assistance to local waterand sewer operators in over 180 ruralcommunities through a circuit riderprogram;Responding to emergency situationsthat threaten or impact communitywater and sewerage facilities;Regional classroom training for areautility operators; and,Maintaining an inventory ofemergency repair equipment for loansto communities.

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Village Safe Water ProgramProgramManager: Greg MageePhone: (907) 269 7613http://www.dec.state.ak.us/water/vsw/

The “Village Safe Water Program” providesgrants and engineering assistance to smallcommunities for water and sewer projects.Primary services are to:

Provide grants to small communitiesfor water and sewer studies andprojects;Assign an engineer to a community toassist with planning facility designoptions, address regulatory issues,and help manage constructionprojects; andEnsure appropriate and effective useof grant funds.

Wastewater Discharge ProgramProgramManager: Sharmon StambaughPhone: (907) 269 7565http://www.dec.state.ak.us/water/wwdp/

The mission of the “Wastewater DischargeProgram” is to protect water resources andpublic health by regulating wastewaterdischarges. Primary services are:

Issuing permits and monitoringcompliance with State permits forwastewater discharges;Certifying that permits for wastewaterdischarges issued by the USEnvironmental Protection Agencycomply with State water quality laws;Inspecting permitted facilities to verifycompliance and help operatorscomply with their permits;Registering and regulating cruiseships.

Water Quality Assessment and MonitoringProgramProgramManager: Nancy SonafrankPhone: (907) 451 2726http://www.dec.state.ak.us/water/wqamp/wqamp.htm

The “Water Quality Assessment andMonitoring Program” provides informationand technical assistance for water qualitystandards, water quality monitoring,information management, and datacollection in support of environmental andresource management decision makers'research of water quality issues. Primaryservices are:

Developing Water Quality Standardsthat serve as the basis for protectingand improving the quality of theStates waters;Developing monitoring plans for watermonitoring projects, includingambient water quality monitoring;Developing and maintaining waterquality information managementsystems that provide rapid access toenvironmental conditions; and,Reporting on the status of and trendsaffecting Alaska’s marine andfreshwaters.

ALASKA DEPARTMENT OF HEALTHAND SOCIAL SERVICES

Alaska Department of Health and SocialServices, Division of Public Health,Radiological Health Program4500 Boniface ParkwayAnchorage, AK 99507Phone: (907) 334 2107Fax: (907) 334 2161http://www.hss.state.ak.us/dph/labs/radiological/radiological_health.htm

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Radiation Protection

The Department of Health and SocialServices (DH&SS) enforces the AlaskaAdministrative Code for users of ionizingand non ionizing radiation including x rays,lasers, and microwave applications such asovens. Users should contact DH&SS at theaddress above.

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CHAPTER 10RESOURCE GUIDE

This chapter is intended to be a quick resource guide for Alaskan entrepreneurs. The sourcesmay provide technical, informational or advisory assistance, and are categorized by subject witha brief description of the organization and contact information.

Agriculture

University of Alaska Fairbanks, Alaska Cooperative Extension ServiceP.O. Box 756180Fairbanks, AK 99775 6180Phone: (907) 474 7246Fax: (907) 474 6971http://www.uaf.edu/ces/offices/fai_diro/

Eleven district locations. Contact the director’s office (above) for nearest District ExtensionOffice in your area. They have three main programs; Housing Economics, Land Resources &Community Development, and 4 H and Youth Development.

Alaska Department of Natural Resources, Division of Agriculture1800 Glenn Highway, Suite 12Palmer, AK 99645Phone: (907) 745 7200Fax: (907) 745 7112www.dnr.state.ak.us/ag/index.htm

Division of Agriculture provides agricultural information, Inspection Services (feed and fertilizerregulations), Marketing Services, Plant Materials Center, Agricultural Revolving Loan Fund, andAgricultural Land & Sales Management.

United States Department of Agriculture, Natural Resources Conservation Service800 W. Evergreen Ave, Suite 100Palmer, AK 99645Phone: (907) 761 7760Fax: (907) 761 7790www.ak.nrcs.usda.gov

The Natural Resources Conservation Service (NRCS) is a Federal agency that provides assistanceto American private landowners, helping to conserve their water, soil, and other naturalresources. Local, state, federal agencies and policymakers also rely on this service. NRCS utilizesa customer’s specific needs to deliver sound, technical assistance, and in some instances, costshares and financial incentives are also available.

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United States Department of Agriculture, Rural Development800 West Evergreen, Suite 201Palmer, AK 99645 6546Phone: (907) 761 7705Fax: (907) 761 7783http://www.rurdev.usda.gov

The United States Department of Agriculture has financial programs supporting public facilitiesand services such as water and sewer systems, housing, health clinics, emergency servicefacilities, and electric and telephone service. They promote economic development bysupporting loans to businesses through banks and community managed lending pools. Theyoffer technical assistance and information to help agricultural and other cooperatives get startedand improve the effectiveness of their member services. And they provide technical assistanceto help communities undertake community empowerment programs.

Alaska Regional Development Organizations

Anchorage Economic Development CorporationBill Popp, President & CEO900 West 5th Avenue, Suite 300Anchorage, Alaska 99501Phone: (907) 258 3700Fax: (907) 258 [email protected]

Bering Straits Ardor ProgramP.O. Box 948Nome, Alaska 99762Phone: (907) 443 4248Fax: (907) 443 [email protected]

Copper Valley Economic Development CouncilBarb Challoner, Business ManagerP.O. Box 9Glennallen, Alaska 99588Phone: (907) 822 [email protected]

Fairbanks North Star Borough Economic Development CommissionKathryn Dodge, Economic Development Specialist809 Pioneer RoadFairbanks, AK 99707Phone: (907) 459 [email protected]

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Kenai Peninsula Borough Economic Development DistrictJohn Torgerson, Executive Director14896 Kenai Spur Highway, Suite 103AKenai, Alaska 99611 7756Phone: (907) 283 3335Fax: (907) 283 3913http://[email protected]

Lower Kuskokwim Economic Development CouncilCarl Berger, Executive DirectorP.O. Box 2021Bethel, Alaska 99559Phone: (907) 543 5967Fax: (907) 543 3130carl_berger@ddc alaska.org

Mat Su Resource Conservation & Development, Inc.Marty Metiva, Executive Director1700 E Bogard Rd., Suite 203AWasilla, Alaska 99654Phone: (907) 373 1062Fax: (907) 373 [email protected]

Northwest Arctic Borough, Economic Development CommissionLee Stoops, Executive DirectorP.O. Box 1110Kotzebue, Alaska 99752Phone: (907) 442 2500Fax: (907) 442 2930http://www.northwestarcticborough.org/[email protected]

Prince William Sound Economic Development Council2207 Spenard Road, Suite 207Anchorage, Alaska 99503Phone: (907) 222 2440Fax: (907) 222 2411http://www.pwsedd.org/[email protected]

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Southeast ConferenceP.O. Box 21989Juneau, Alaska 99802 1989Phone: (907) 523 4350Fax: (907) 463 [email protected]

Southwest Alaska Municipal ConferenceMichael Catsi, Executive Director3300 Arctic Boulevard, Suite 203Anchorage, Alaska 99503Phone: (907) 562 7380Fax: (907) 562 0438www.swamc.org/[email protected]

Alaska State Government

Alaska Department of AdministrationP.O. Box 110208Juneau, AK 99811Phone: (907) 465 2277Fax: (907) 465 2194http://doa.alaska.gov/

Alaska Department of Commerce, Community, and Economic DevelopmentP.O. Box 110800Juneau, AK 99811 0800Phone: (907) 465 2500www.commerce.state.ak.us

Alaska Department of Corrections802 3rd StreetDouglas, AK 99824Phone: (907) 465 4640www.correct.state.ak.us

Alaska Department of Education and Early Development801 West 10th Street, Suite 200Juneau, AK 99811Phone: (907) 465 2800Fax: (907) 465 [email protected]

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Alaska Department of Environmental Conservation410 Willoughby Avenue, Suite 303Juneau, AK 99811 1800Phone: (907) 465 5066Fax: (907) 465 5070www.dec.state.ak.us/[email protected]

Alaska Department of Fish and Game1255 West 8th StreetJuneau, AK 99811 5526Phone: (907) 465 4100Fax: (907) 465 [email protected]

Alaska Department of Health and Social Services350 Main Street, Room 404P.O. Box 110601Juneau, AK 99811 0601Phone: (907) 465 3030Fax: (907) 465 3068www.hss.state.ak.us

Alaska Department of Labor and Workforce DevelopmentP.O. Box 111149Juneau, AK 99811 1149Phone: (907) 465 2700Fax: (907) 465 2784www.labor.state.ak.us/[email protected]

Alaska Department of LawP.O. Box 110300Juneau, AK 99811 0300Phone: (907) 465 2133Fax: (907) 465 [email protected]

Alaska Department of Military and Veterans AffairsP.O. Box 5800, Camp DenaliFort Richardson, AK 99505 5800Phone: (907) 428 6003Fax: (907) 428 6019http://dmva.alaska.gov/dmvawebmaster@ak prepared.com

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Alaska Department of Natural Resources550 W. 7th Ave., Suite 1400Anchorage, AK 99501Phone: (907) 269 8431Fax: (907) 269 8918www.dnr.state.ak.us

Alaska Department of Public Safety5700 East Tudor RoadAnchorage, AK 99507Phone: (907) 269 5086Fax: (907) 269 4543www.dps.state.ak.us

Alaska Department of Revenue333 Willoughby Avenue, 11th FloorJuneau, AK 99811 0400Phone: (907) 465 2301Fax: (907) 465 2389www.revenue.state.ak.us

Alaska Department of Transportation and Public Facilities3132 Channel DriveJuneau, AK 99801 2500Phone: (907) 465 3900Fax: (907) 586 [email protected]

Arts & Crafts

Alaska State Council on the Arts411 West 4th Avenue, Suite 1EAnchorage, AK 99501 2343Phone: (907) 269 6610Fax: (907) 269 6601http://www.eed.state.ak.us/Aksca/

Professional staff provides technical assistance and services to assist in arts development issues,arts education, artist promotion, management, and project development, as well as providinggrants for non profit organizations, schools, government agencies, and in some instanceindividuals for proposals concerning the development of the arts.

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Business Information

Alaska Business Development Center, Inc.840 K Street, Suite 202Anchorage, AK 99501Phone: (907) 562 0335Fax: (907) 562 6988www.abdc.org

Alaska Business Development Center, Inc. is a non profit consulting firm, specializing in providingone on one technical assistance to the Alaska commercial fishing industry. Counseling servicesavailable include, but are not limited to: business plan development, presentations to financialinstitutions, bankruptcy and tax problem resolution, marketing studies, contracting assistance,and other business management assistance.

Alaska Department of Commerce, Community, and Economic Developmenthttp://www.commerce.state.ak.us

Anchorage Office550 West 7th Avenue, Suite 1770Anchorage, AK 99501Phone: (907) 269 8100Fax: (907) 269 8125

Juneau OfficeP.O. Box 110800Juneau, AK 99811 0800Phone: (907) 465 2500Fax: (907) 465 5442

A State of Alaska agency that provides informational publications and business assistancereferrals for service industries, retail and wholesale trades, manufacturers, transportationcompanies, and finance, insurance and real estate firms, etc.

Alaska Department of Commerce, Community, and Economic Development, Division ofCommunity and Regional Affairs

Central Office550 West 7th Ave., Suite 1770Anchorage, AK 99501 3510Phone: (907) 269 4501Fax: (907) 269 4539

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Southeast Regional Office Area (Juneau)P.O. Box 110809Juneau, AK 99811 0809Phone: (907) 465 4751Fax: (907) 465 4761

Fairbanks Regional Office Area211 Cushman StreetFairbanks, AK 99701 4639Phone: (907) 451 2744Fax: (907) 451 2742

Nome Regional Office AreaP.O. Box 1769Nome, AK 99752 1769Phone: (907) 443 5457Fax: (907) 443 3596

Bethel Regional Office AreaP.O. Box 348Bethel, AK 99559 0348Phone: (907) 543 3475Fax: (907) 543 4152

Kotzebue Regional Office AreaP.O. Box 350Kotzebue, AK 99752 0350Phone: (907) 442 3696Fax: (907) 442 2402

Dillingham Regional Office AreaP.O. Box 790Dillingham, AK 99576 0790Phone: (907) 842 5135Fax: (907) 842 5140

Alaska Department of Commerce, Community, and Economic Development, Division ofCommunity and Regional Affairs, MADE IN ALASKA741 E. 13th Ave.Anchorage, AK 99501 4621Phone: (907) 272 5634Fax: (907) 272 5635http://www.madeinalaska.org/mia/Contact: Bill [email protected]

Identifies and promotes products manufactured within the state. Division of Community and

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Regional Affairs administers the MADE IN ALASKA program.

Alaska Department of Commerce, Community, and Economic Development, Division ofCorporations, Business, and Professional LicensingP.O. Box 110808Juneau, AK 99811 0808Phone: (907) 465 2550Fax: (907) 465 2974www.commerce.state.ak.us/occ/[email protected]@alaska.gov

A State of Alaska agency that regulates and licenses corporations, licenses professions andoccupations, issues state business licenses, and provides administrative and investigativesupport to professional boards and trades.

Alaska Department of Environmental Conservation, Compliance Assistance Office410 Willoughby Avenue, Suite 303Juneau, AK 99811 1800Phone: (907) 465 5066Fax: (907) 465 5070www.dec.state.ak.us

The Compliance Assistance Office is a State of Alaska agency that helps businesses,communities, government agencies, and the general public achieves greater compliance withstate and federal environmental regulations, lessens environmental liabilities, reduces coststhrough pollution prevention, maintains environmental quality, and creates new businessopportunities for reusing waste materials.

Alaska Small Business Development Center (SBDC)http://www.aksbdc.org

South Central Region430 West 7th Avenue, Suite 110Anchorage, AK 99501 3550Phone: (907) 274 7232 or (800) 478 7232Fax: (907) 272 0565

Great North Region604 Barnette St., Suite 220Fairbanks, AK 99701 4655Phone: (907) 456 7232 or (800) 478 1701Fax: (907) 456 7233

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Southeast Region3100 Channel Drive, Suite 306Juneau, AK 99801Phone: (907) 463 3789Fax: (907) 463 3489

South West Region43335 Kalifonsky Beach Rd, Suite 12Soldotna, AK 99669Phone: (907) 260 5629Fax: (907) 260 1695

Central Region201 North Lucille Street, Suite 2AWasilla, AK 99654 7010Phone: (907) 373 7232 0r (877) 373 7232Fax: (907) 373 7234

Statewide Administrative Office, Anchorage Subcenter, Rural Development Program,Procurement Technical Assistance Center (PTAC), BUY ALASKA Program, Alaska TechnologyResearch and Development Center (TREND), Manufacturing Assistance Program (MAP).

Alaska State Chamber of Commerce217 Second Street, Suite 201Juneau, AK 99801Phone: (907) 586 2323Fax: (907) 463 5515www.alaskachamber.com

Lobbies for statewide business issues, and promotes the planned, orderly growth anddevelopment of Alaska through strong private sector business leadership that influencesstatewide economics and politics.

Better Business Bureau3601 C Street, Suite 1378Anchorage, AK 99503Phone: (907) 562 0704Fax: (907) 562 [email protected]

Better Business Bureau’s mission is to promote and foster the highest ethical relationshipbetween Alaskan businesses and the public, through voluntary self regulation, consumer andbusiness education, and service excellence.

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Library of Congress, Copyright Office101 Independence Ave., S.E.Washington D.C. 20540Phone: (202) 707 5000

Place of registration for copyrights.

Silver Hand Program, Alaska State Council on the Arts411 West 4th Avenue, Suite 1EAnchorage, AK 99501 2343Phone: (907) 269 6610 or (888) 278 7424Fax: (907) 269 6601www.eed.state.ak.us/aksca

The Silver Hands Program was established to protect the work of Native artists whileguaranteeing the public that items bearing the Silver Hand emblem were hand crafted by anAlaskan Native artist. Applications are available on line.

Tanana Chiefs Conference, Alaska Minority Business Development Center122 Firse Avenue, Suite 600Fairbanks, AK 99701Phone: (907) 452 8251 or (800) 478 6822http://www.tananachiefs.org/

A division of the Tanana Chiefs Conference, this agency is dedicated to assisting all minorityfirms and individuals in establishing, improving, and/or successfully maintaining their business.Client services are provided to all minorities throughout the State of Alaska.

U.S. Small Business Administration510 L Street, Suite 310Anchorage, AK 99501 1952Phone: (907) 271 4022www.sba.gov/ak

The U.S. Small Business Administration is a Federal agency that provides information andfederally guaranteed loans to small businesses.

United States Department of Commerce, Economic Development Administration510 L Street, Suite 444Anchorage, AK 99501Phone: (907) 271 2272www.eda.govContact: Bernhard [email protected]

A Federal agency, that makes grants to public bodies to build facilities and infrastructures, whichcan provide private sector jobs.

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United States Department of Commerce, Patent & Trademark OfficeOffice of the General CounselU.S. Patent and Trademark OfficeP.O. Box 15667Arlington, VA 22215Phone: (800) 786 9199Fax: (703) 872 9306

This is a Federal agency, where you register patents, trademarks, and service marks.

University of Alaska Anchorage, Small Business Development Center, BUY ALASKA Program430 West 7th Avenue, Suite 110Anchorage, AK 99501Phone: (907) 274 7232Fax: (907) 274 9524www.buyalaska.com

Assists Alaskan businesses and government entities in finding competitive, local sources forgoods and services previously purchased outside Alaska.

Community Development Quota

StateAlaska Department of Commerce, Community, and Economic Development, Division ofBanking & Securities, Community Development Quota Program550 W. 7th Ave., Suite 1940Anchorage, AK 99501Phone: (907) 269 8140http://www.commerce.state.ak.us/bsc/CDQ/cdq.htm

GroupsAleutian Pribilof Island Community Development Association234 Gold StreetJuneau, AK 99801Phone: (907) 586 0161Fax: (907) 586 0165http://www.apicda.com/

Bristol Bay Economic Development CorporationP.O. Box 1464Dillingham, AK 99576Phone: (907) 842 4370Fax: (907) 842 4336http://www.bbedc.com/

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Central Bering Sea Fishermen’s AssociationP.O. Box 288St. Paul, AK 99660Phone: (907) 546 2597Fax: (907) 546 2450http://www.cbsfa.com/

Coastal Villages Region Fund711 H Street, Suite 200Anchorage, AK 99501Phone: (907) 278 5151Fax: (907) 278 5150http://www.coastalvillages.org/

Norton Sound Economic Development Corporation420 L Street, Suite 310Anchorage, AK 99501Phone: (800) 650 2248Fax: (907) 274 2249http://www.nsedc.com/

Yukon Delta Fisheries Development Association1016 W. 6th Ave., Suite 301Anchorage, AK 99501 1963Phone: (907) 644 0326Fax: (907) 644 0327http://www.commerce.state.ak.us/bsc/CDQ/cdq_handbook/18_cdq_chapt5_YDFDA.pdf

Economic Information

Alaska Department of Labor and Workforce Development, Research and Analysis SectionPhone: (907) 465 4500Fax: (907) 465 4506http://almis.labor.state.ak.us

Population and labor force statistics.

University of Alaska Anchorage, Institute of Social and Economic Research3211 Providence DriveAnchorage, AK 99508Phone: (907) 786 7710Fax: (907) 786 [email protected]

Investigates public policy issues; tracks changes in the Alaskan economy.

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Environmental Safeguards and Services

Alaska Department of Environmental ConservationAnchorage Office555 Cordova Street, 5th FloorAnchorage, AK 99501 5948Phone: (907) 269 7501Fax: (907) 269 7510

Fairbanks Office610 University AvenueFairbanks, AK 99709Phone: (907) 451 2120Fax: (907) 451 5120

Juneau Office410 Willoughby Avenue, Suite 303Juneau, AK 99801Phone: (907) 465 5163Fax: (907) 465 5164

Kenai Office43335 Kalifonsky Beach Rd., Suite 11Soldotna, AK 99669Phone: (907) 262 5210Fax: (907) 262 2294

Ketchikan Office540 Water Street. Suite 203Ketchikan, AK 99901Phone: (907) 225 6200Fax: (907) 225 0620

Kodiak Office *P.O. Box 515Kodiak, AK 99615 0151Phone: (907) 486 3350Fax: (907) 486 5032

Mat Su Office1700 E. Bogard RoadWasilla, AK 99654Phone: (907) 376 1850Fax: (907) 376 2382

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Sitka Office *901 Halibut Point Road, Suite 3Sitka, AK 99835 7106Phone: (907) 747 8614Fax: (907) 747 7419

Valdez OfficeP.O. Box 1709Valdez, AK 99686 1709Phone: (907) 835 1381Fax: (907) 835 2429

*These offices are staffed by only one food/seafood inspector.

Financial Information

Alaska Commercial Fishing and Agriculture Bank3040 Lakeshore DriveAnchorage, AK 99517Phone: (907) 276 2007 or (800) 544 2228Fax: (907) 279 7913http://www.cfabalaska.com/

A private, member owned lender that provides financing to the commercial fishing andagriculture industries as well as the tourism and other resource based industries.

Alaska Department of Commerce, Community, and Economic Development, Division ofInvestmentswww.commerce.state.ak.us/investments

Juneau OfficeP.O. Box 34159Juneau, AK 99803 4159Phone: (907) 465 2510 or (800) 478 LOAN (5626)Fax: (907) 465 2103

Anchorage Office550 W. 7th Ave., Suite 1650Anchorage, AK 99501 3568Phone: (907) 269 8150Fax: (907) 269 8147

The Division of Investments is a State of Alaska agency that offers loans for commercial fishing,fisheries enhancement, and small business economic development, as well as assumptions onexisting loans under a number of loan programs.

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Alaska Growth Capital3900 C. Street, Suite 302Anchorage, AK 99503 5965Phone: (907) 339 6760Fax: (907) 339 [email protected]

The Alaska Growth Capital is a Business and Industrial Development Corporation that focusesexclusively on financing businesses, and provides a financing alternative to businesses that mayhave trouble gaining access to traditional bank financing.

Alaska Industrial Development and Export Authority813 West Northern Lights Blvd.Anchorage, AK 99503Phone: (907) 771 3000Fax: (907) 771 3044www.aidea.org

A public corporation of the State of Alaska that provides financing assistance ranging fromworking capital loan guarantees for small businesses to multi million dollar ports owned byAlaska Industrial Development and Export Authority to support economic growth in Alaska.

Evergreen Community Development AssociationP.O. Box 3673Palmer, AK 99645 3673Phone: (907) 746 5047Fax: (907) 745 8504www.ecda.com

The Evergreen Community Development Association is a Certified Development Company thatprovides permanent long term financing with favorable rates and terms under the SBA 504 LoanProgram to small businesses.

Juneau Economic Development Council612 West Willoughby Avenue, Suite AJuneau, AK 99801Phone: (907) 523 2300Fax: (907) 463 3929www.jedc.org

Oversees the following centers and programs: Southeast Alaska Business Assistance Center,Southeast Alaska Revolving Loan Fund, Knowledge Industry Network, SpringBoard, and WoodProducts Development Services.

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WOMEN$financesYWCA of Anchorage324 E. 5th AvenueAnchorage, AK 99501Phone: (907) 644 9611Fax: (907) 644 9650http://www.ywcaak.org/finances.htm

An entrepreneurial training and micro credit program designed to assist women to successfullyestablish, grow and operate small businesses.

Fish, Fur and Wildlife

Alaska Department of Commerce, Community, and Economic Development, Office ofEconomic DevelopmentP.O. Box 110804Juneau, AK 99811 0804Phone: (907) 465 5478Fax: (907) 465 3767http://www.commerce.state.ak.us/oed/home.htm

Promotion and development of seafood industry and fisheries support industries.

Alaska Department of Fish and Game, Commercial Fisheries Entry Commission8800 Glacier Hwy., Suite 109Juneau, AK 99811Phone: (907) 789 6150Fax: (907) 789 [email protected]

A State of Alaska agency, whose mission is to promote the conservation and sustained yieldmanagement of Alaska’s fishery resources and the economic health and stability of the fishingindustry by regulating entry into the state’s commercial fisheries. This is accomplished byoversight of commercial fisheries entry limitation and issuance and renewals of permits, interimuse permits, and vessel licenses.

Alaska Department of Fish and Game, Division of Administrative Services1225 W. 8th StreetJuneau, AK 99811 5526Phone: (907) 465 4100Fax: (907) 465 2332www.adfg.state.ak.us

A State of Alaska agency whose mission is to conserve and develop Alaska’s commercial andsport fisheries, birds, game, and fur bearing animals.

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Alaska Department of Natural Resources, Division of Mining, Land and Water550 West 7th Avenue, Suite 1070Anchorage, AK 99501 3579Phone: (907) 269 8600Fax: (907) 269 8904www.dnr.state.ak.us/mlw

Division of Mining, Land and Water issues commercial and recreational facility leases andpermits for use of state land, rivers and tide and submerged lands. They also issue shore fisheryset net leases and aquatic farm leases.

Alaska Fisheries Development Foundation, Inc.431 W. Seventh Ave., Suite 106Anchorage, AK 99501Phone: (907) 276 7315Fax: (907) 276 7311http://www.afdf.org/index.html

The Alaska Fisheries Development Foundation is a private, nonprofit, membership organization.They bridge the gap between current technology and new opportunities for Alaska’s commercialfishing industry via industry designed developmental projects.

Alaska Seafood Marketing Institute311 N. Franklin Street, Suite 200Juneau, AK 99801 1147Phone: (907) 465 5560 or (800) 478 2903Fax: (907) 465 5572www.alaskaseafood.org

The Alaska Seafood Marketing Institute, operating under AS 16.51, generically promotes allspecies of Alaska seafood worldwide and works to improve seafood quality to enhanceprofitability and growth for the Alaska seafood industry. Marketing/promotional programsinclude advertising, publicity, public relations, and educational efforts to increase awareness of,and preference for, seafood products from Alaska. Seafood technical programs are aimed atteaching fishermen, processors, retailers, and restaurateurs about proper handling of Alaskaseafood products.

National Oceanic and Atmospheric Administration, National Marine Fisheries ServiceP.O. Box 21668Juneau, AK 99802 1668Phone: (907) 586 7221Fax: (907) 586 7249www.fakr.noaa.gov/[email protected]

A Federal agency that is responsible for the management, conservation and protection of livingmarine resources within the United States' Exclusive Economic Zone (water three to 200 miles

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offshore). It is responsible for the management of marine mammals and habitat protection inAlaska, and provides seafood technology and fur seal management.

United States Department of Homeland Security, United States Coast Guard800 E. Dimond Blvd., Suite 3 227Anchorage, AK 99515Phone: (907) 271 6736http://www.uscg.mil/STCW/

A Federal agency, that provides information and documentation on Merchant Mariner Licensing& Documentation. Also provides information on establishing your charter boat, receiving anOUPV/6 pack license, and general information on where to begin as a new mariner.

United States Fish and Wildlife Service1011 East Tudor RoadAnchorage, AK 99503Phone: (907) 786 3309Fax: (907) 786 3495http://alaska.fws.gov/[email protected]

A Federal agency that manages national wildlife refuges, marine mammals, and migratory birdsand provides technical assistance on fishing management.

Insurance

Alaska Department of Commerce, Community, and Economic Development, Division ofInsuranceP.O. Box 110805Juneau, AK 99811 0805Phone: (907) 465 2515Fax: (907) 465 3422www.commerce.state.ak.us/[email protected]

A State of Alaska agency, that provides information on cost and availability of business insuranceand on the formation of insurance companies, agencies, or adjusting firms.

International Trade

United States Department of Commerce, Alaska Export Assistance Center550 West 7th Avenue, Suite 1770Anchorage, AK 99501Phone: (907) 271 6237Fax: (907) 271 6242www.alaska.net/~exportA Federal agency that provides information and assistance for companies seeking to penetrate

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markets abroad.

World Trade Center Alaska431 West 7th Avenue, Suite 108Anchorage, AK 99501Phone: (907) 278 7233Fax: (907) 278 [email protected]

The World Trade Center Alaska provides service to members to enable facilitation of trade forAlaskan businesses in the international marketplace.

Labor

Alaska Department of Labor and Workforce DevelopmentP.O. Box 111149Juneau, AK 99811 1149Phone: (907) 465 2700Fax: (907) 465 2784http://labor.state.ak.us/

Labor force training programs, wage and hour regulation, workers’ compensation, UI,employment service, occupational safety and health, and public sector labor relations.

Alaska Department of Labor and Workforce Development, Division of Labor Standards andSafetyOccupational Safety and Health Sectionhttp://www.labor.alaska.gov/lss/oshhome.htm

Anchorage Office3301 Eagle Street, Suite 305Anchorage, AK 99503Phone: (907) 269 4940Fax: (907) 269 4950

Fairbanks Office675 7th Avenue, Station J1Fairbanks, AK 99701 4596Phone: (907) 451 2888Fax: (907) 451 2885

Juneau Office1111 W. 8th Street, Suite 304Juneau, AK 99802 1149Phone: (907) 465 4855Fax: (907) 465 6012

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Alaska Department of Labor and Workforce Development, Workers’ Compensation DivisionP.O. Box 115512Juneau, AK 99802 5512Phone: (907) 465 2790Fax: (907) 465 2797www.labor.state.ak.us/wc/home.htm

Lands and Forests

Alaska Department of Commerce, Community, and Economic Development, Office ofEconomic Development, Forest Products Development550 West 7th Avenue, Suite 1770Anchorage, AK 99501Phone: (907) 269 5734Fax: (907) 269 8125www.commerce.state.ak.us/oed/forest_products/forest_products.htm

Promotion and development of Alaska’s forest products industry by providing a 7% preferencefor procurement bids for wood products manufactured from Alaskan timber.

Alaska Department of Natural Resources, Division of Forestry550 West 7th Avenue, Suite 1450Anchorage, AK 99501 3566Phone: (907) 269 8463Fax: (907) 269 8931www.dnr.state.ak.us/forestry

Provides information of state forests and state forestland, sale of timber, forest practices laws,Board of Forestry, and statewide fire prevention and suppression.

Alaska Department of Natural Resources, Division of Mining, Land and Water550 West 7th Avenue, Suite 1070Anchorage, AK 99501 3579Phone: (907) 269 8600Fax: (907) 269 8904www.dnr.state.ak.us/mlw/index.htm

The Division of Mining, Land and Water provides information on state land offerings, availabilityof state owned sand, gravel, and other construction material, preference rights, rights of way,and land use permits and leases.

United States Department of Agriculture, Forest Service, Alaska RegionP.O. Box 21628Juneau, AK 99802 1628Phone: (907) 586 8806Fax: (907) 586 7840http://www.fs.fed.us/r10/

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Federal management of the Tongass and Chugach National Forests, which include AdmiraltyIsland, Misty Fjords National Monuments and several wilderness areas. Programs include forestmanagement, ecosystem planning, public services (includes outfitter guide and other special usepermits), engineering and aviation, wildlife, fisheries, ecology, watershed, law enforcement andresearch.

United States Department of the Interior, Bureau of Land Management222 West 7th Avenue, #13Anchorage, AK 99513Phone: (907) 271 5960Fax: (907) 271 3684www.blm.gov/nhp/index.htm

The Bureau of Land Management is responsible for the multiple use resource management of 86million acres of federal public lands in Alaska.

United States Department of the Interior, United States Geological Survey, Alaska ScienceCenter4210 University DriveAnchorage, AK 99508Phone: (907) 786 7000Fax: (907) 786 7020http://alaska.usgs.gov/[email protected]

Committed to meet growing and changing earth science needs, and dedicated to its originalmission to collect, analyze, interpret, publish, and disseminate information about the nations’water, land, energy, and mineral resources providing “Earth Science in the Public Service.”

Licensing, Corporations, and Permits

Alaska Department of Commerce, Community, and Economic Development, Division ofCorporations, Business & Professional Licensing, Corporations SectionP.O. Box 110808Juneau, AK 99811 0808Phone: (907) 465 2550Fax: (907) 465 2974www.commerce.state.ak.us/occ/[email protected]

This is a State of Alaska agency that provides regulation and licensing of corporations. Thisagency also licenses professions, occupations, issues state business licenses, and providesadministrative and investigative support to professional boards and trades.

Alcoholic Beverage Control Boardwww.dps.state.ak.us/abc/

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Anchorage Office5848 E Tudor RoadAnchorage, AK 99507Phone: (907) 269 0350Fax: (907) 272 9412

Juneau Office2760 Sherwood LaneJuneau, AK 99801Phone: (907) 465 2330Fax: (907) 465 3333

Fairbanks Office1979 Peger RoadFairbanks, AK 99709Phone: (907) 451 2030Fax: (907) 451 5317

A State of Alaska agency that provides oversight for the administration of liquor licenses forpublic and wholesale liquor establishments.

Minerals and Oil

Alaska Department of Administration, Oil and Gas Conservation Commission333 W. 7th Ave., Suite 100Anchorage, AK 99501Phone: (907) 793 1433Fax: (907) 276 7542http://doa.alaska.gov/ogc/[email protected]

This is a State Agency that provides the regulation of oil and gas drilling and production andgeological, technical, and statistical information on oil and gas pools and fields.

Alaska Department of Natural Resources, Division of Geological and Geophysical Surveys3354 College RoadFairbanks, AK 99709Phone: (907) 451 5000Fax: (907) 451 5050http://www.dggs.dnr.state.ak.us/

This is a State of Alaska agency that provides basic resource data on the state’s minerals,petroleum and coal, potential for selected areas, and geologic hazard information.

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Alaska Department of Natural Resources, Division of Mining, Land and Water550 West 7th Avenue, Suite 1070Anchorage, AK 99501 3579Phone: (907) 269 8600Fax: (907) 269 8904www.dnr.state.ak.us/mlw/index.htm

This is a State of Alaska agency that provides information on state mining permits, regulations,and technical assistance to miners. Also, monitors and assists in field compliance.

Alaska Department of Natural Resources, Division of Oil and Gas550 West 7th Avenue, Suite 800Anchorage, AK 99501 3560Phone: (907) 269 8800Fax: (907) 269 8938www.dog.dnr.state.ak.us/oil/

A State of Alaska agency that promotes oil and gas exploration in the State of Alaska, conductsoil and gas lease sales, provides information on oil and gas activity, administers lease contracts,issues permits and publications, and tracks payments on oil and gas leases.

Alaska Department of Revenue, Tax Division550 West 7th Avenue, Suite 500Anchorage, AK 99501 3555Phone: (907) 269 6620Fax: (907) 269 6644www.tax.state.ak.us/

The Tax Division collects taxes consistent with statute chapter 90, SLA 01 effective July 4, 2001.

Alaska Oil and Gas Association121 West Fireweed Lane, Suite 207Anchorage, AK 99503Phone: (907) 272 1481Fax: (907) 279 8114www.aoga.org/[email protected]

The Alaska Oil and Gas Association is a petroleum industry trade association fostering the longterm viability of an oil and gas industry in Alaska by providing a forum for communication andcooperation with its members, with the public, and with local, state and federal governments.

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The Alliance646 West 4th Ave., Suite 200Anchorage, AK 99501Phone: (907) 563 2226Fax: (907) 561 8870http://alaskaalliance.com/

Founded in 1979, The Alliance is a non profit statewide trade association representingbusinesses and individuals engaged in activities related to oil, gas, and other natural resourceexploration and development. The mission is to promote responsible, safe, and environmentallysound exploration and development of oil and gas resources for the benefit of all Alaskans.

Alyeska Pipeline Service CompanyP.O. Box 196660Anchorage, AK 99519 6660Phone: (907) 787 8700www.alyeska pipe.com

Operates and maintains the trans Alaska pipeline, Valdez Marine Terminal, and Ship EscortResponse Vessel System.

University of Alaska Fairbanks, Mineral Industry Research LaboratoryP.O. Box 755960Fairbanks, AK 99775 5960Phone: (907) 474 7366http://www.uaf.edu/[email protected]

The Mineral Industry Research Laboratory applies research in mineral and energy, resourcesevaluation, development, and metallurgy. Also provides information for mining prospectors andmine operators.

University of Alaska Fairbanks, Mining and Geological Engineering DepartmentP.O. Box 755800Fairbanks, AK 99775 5800Phone: (907) 474 7388http://www.uaf.edu/[email protected]

Advances and disseminates knowledge through creative teaching, research, and public servicewith an emphasis on Alaska, the North, and their diverse people.

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Municipal Informational Services

Alaska Municipal League217 2nd Street, Suite 200Juneau, AK 99801Phone: (907) 586 1325 or Toll Free: (877) 636 1325Fax: (907) 463 [email protected]

Financed through membership of Alaska’s municipalities, cites, and boroughs. Representsunified voice of Alaska’s local governments to influence state and federal decision making.Builds consensus and partnerships to address Alaska’s challenges and provides training and jointservices to strengthen Alaskan local governments.

Music

Whether used for background music or on a phone system, most music is protected bycopyright. Business owners should be aware of both their rights and responsibilities. The threeorganizations listed below discuss license performance rights for most of the music copyrightholders in the United States. Additional information regarding compliance with the CopyrightLaw for music use can be obtained by contacting an attorney or the organizations listed below.

American Society of Composers, Authors, and Publishers (ASCAP)One Lincoln PlazaNew York, NY 10023Fax: (212) 595 3276www.ascap.com/index.html

Broadcast Music, Inc. (BMI)10 Music Square EastNashville, TN 37203 4399Phone: (615) 401 2000www.bmi.com/

SESAC, Inc.55 Music Square EastNashville, TN 37203Phone: (615) 320 0055Fax: (615) 963 3527www.sesac.com/index.aspx

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Native Affairs

Alaska Federation of Natives1577 C Street, Suite 300Anchorage, AK 99501Phone: (907) 274 3611Fax: (907) 276 7989http://www.nativefederation.org/

The Alaska Federation of Natives provides information, expertise, and public advocacy on nativeissues statewide.

Alaska Village Initiative1577 C Street, Suite 304Anchorage, AK 99501Phone: (907) 274 5400 or (800) 478 2332Fax: (907) 263 [email protected]

A self supporting corporation organized by and for Rural Alaskans, the Alaska Village Initiativespromotes the economic well being of Rural Alaskans through economic development,assistance, networking, advocacy, and education.

United States Department of the Interior, Bureau of Indian Affairs3601 “C” Street, Suite 1258Anchorage, AK 99503 5947Phone: (907) 271 4088Fax: (907) 271 4836http://www.doi.gov/bia/

The Bureau of Indian Affairs administers federal education, employment assistance, economicdevelopment, welfare, and social programs for Alaska Natives.

Native Regional Corporations

Native Regional Corporations were formed under the Alaska Business Corporation Act pursuantto P.I. 92 203.

Ahtna, Inc.P.O. Box 649Glennallen, AK 99588Phone: (907) 822 3476Fax: (907) 822 3495www.ahtna inc.com

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Aleut Corporation4000 Old Seward Hwy, Suite 300Anchorage, AK 99503Phone: (907) 561 4300Fax: (907) 563 [email protected]

Arctic Slope Regional CorporationP.O. Box 129Barrow, AK 99723Phone: (907) 852 8633Fax: (907) 852 [email protected]

Bering Straits Native CorporationP.O. Box 1008Nome, AK 99762Phone: (907) 443 5252 or (800) 478 5079Fax: (907) 443 [email protected]

Bristol Bay Native Corporation111 West 16th Ave., Suite 400Anchorage, AK 99501Phone: (907) 278 3602 or (800) 426 3602Fax: (907) 276 3924www.bbnc.net

Calista Corporation301 Calista Court, Suite AAnchorage, AK 99518Phone: (907) 279 5516 or (800) 277 5516Fax: (907) 644 6374www.calistacorp.com

Chugach Alaska Corporation3800 Center Point Drive, Suite 601Anchorage, AK 99503Phone: (907) 563 8866www.chugach ak.com

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Cook Inlet Region, Inc.P.O. Box 93330Anchorage, AK 99509 3330Phone: (907) 274 8638 or (800) 764 2474Fax: (907) 279 8836www.ciri.com

Doyon Limited1 Doyon Place, Suite 300Fairbanks, AK 99701 2941Phone: (907) 459 2000 or (888) 478 4755Fax: (907) 459 [email protected]

Koniag, Inc.104 Center Avenue, Suite 205Kodiak, AK 99615Phone: (907) 486 2530 or Toll Free: (800) 658 3818Fax: (907) 486 3325www.koniag.com

Nana Regional Corporation Inc.1001 East Benson Blvd.Anchorage, AK 99508Phone: (907) 265 4100 or (800) 478 2000Fax: (907) 265 [email protected]

SealaskaOne Sealaska Plaza, Suite 400Juneau, AK 99801Phone: (907) 586 1512 or (800) 848 5921Fax: (907) 586 2304www.sealaska.com

The Thirteenth Regional Corporation1156 Industry DriveSeattle, WA 98188Phone: (206) 575 6229Fax: (206) 575 [email protected]

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Organized Boroughs

Aleutians East BoroughP.O. Box 349Sand Point, AK 99661Phone: (907) 383 2699 or (888) 383 2699Fax: (907) 383 3496www.aleutianseast.org

Aleutians East Borough Headquarters3380 “C” Street, Suite 205Anchorage, AK 99503Phone: (907) 274 7556Fax: (907) 276 7569www.aleutianseast.org

Bristol Bay BoroughP.O. Box 189Naknek, AK 99633Phone: (907) 246 4224Fax: (907) 246 6633www.theborough.com

Denali BoroughP.O. Box 480Healy, AK 99743Phone: (907) 683 1330Fax: (907) 683 [email protected]

Fairbanks North Star Borough809 Pioneer RoadFairbanks, AK 99707Phone: (907) 459 1000www.co.fairbanks.ak.us

Haines BoroughP.O. Box 1209Haines, AK 99827Phone: (907) 766 2231Fax: (907) 766 2716www.hainesborough.us/

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Juneau City and Borough155 S. Seward StreetJuneau, AK 99801Phone: (907) 586 5240Fax: (907) 586 5385www.juneau.org

Kenai Peninsula Borough144 North Binkley StreetSoldotna, AK 99669Phone: (907) 262 4441 or (800) 478 4441Fax: (907) 262 1892www.borough.kenai.ak.us

Ketchikan Gateway Borough1900 1st Ave.Ketchikan, AK 99901Phone: (907) 228 6625Fax: (907) 228 6684www.borough.ketchikan.ak.us

Kodiak Island Borough710 Mill Bay RoadKodiak, AK 99615Phone: (907) 486 [email protected]

Lake and PeninsulaP.O. Box 495King Salmon, AK 99613Phone: (907) 246 3421 or (800) 764 3421Fax: (907) 246 6602www.lakeandpen.com

Matanuska Susitna Borough350 E. Dahlia AvenuePalmer, AK 99645 6488Phone: (907) 746 7404Fax: (907) 476 7444www.matsugov.us

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Municipality of Anchorage632 West 6th AvenueAnchorage, AK 99501Phone: (907) 343 7100Fax: (907) 343 7180www.muni.org

North Slope BoroughP.O. Box 69Barrow, AK 99723Phone: (907) 852 2611www.north slope.org

Northwest Arctic BoroughP.O. Box 1110Kotzebue, AK 99752Phone: (907) 442 2500 or (800) 478 1110Fax: (907) 442 2930www.nwabor.org

Sitka City and Borough100 Lincoln StreetSitka, AK 99835Phone: (907) 747 3294Fax: (907) 747 4779www.cityofsitka.com

Yakutat City and BoroughP.O. Box 160Yakutat, AK 99689Phone: (907) 784 3323Fax: (907) 784 3281http://www.yakutatak.govoffice2.com/

Taxes

Alaska Department of Revenue, Tax Divisionwww.tax.state.ak.us/

Juneau Office:333 WWilloughby Ave., 11th Floor Side BJuneau, AK 99811 0420Phone: (907) 465 2320Fax: (907) 465 2375

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Anchorage Office:550 W. 7th Ave., Suite 500Anchorage, AK 99501 3555Phone: (907) 269 6620Fax: (907) 269 6644

This is a State of Alaska agency, which administers Alaska tax programs.

United States Department of the Treasury, Internal Revenue ServicesTax Assistance: (800) 829 1040Taxpayer Advocate’s Office: (907) 271 6877www.irs.gov

Anchorage949 East 36th AvenueAnchorage, AK 99508Phone: (907) 271 6391

Fairbanks101 12th AvenueFairbanks, AK 99701Phone: (907) 456 0204

The IRS Tax Assistance offices provide a variety of services for small business owners, such assmall business training workshops, forms and publications, and personal assistance by phone orin person at one of the IRS offices.

Tourism

Alaska Department of Commerce, Community, and Economic Development, Office ofEconomic Developmenthttp://www.commerce.state.ak.us/oed/home.htm

Juneau Office:P.O. Box 110804Juneau, AK 99811 0804Phone: (907) 465 5478Fax: (907) 465 3767

Anchorage Office:550 W. 7th Ave., Suite 1770Anchorage, AK 99501Phone: (907) 269 8112Fax: (907) 269 8125

The Office of Economic Development facilitates economic development and employmentopportunities, particularly in rural Alaska, and offers specialized assistance in the tourism,

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fisheries, and minerals development sectors. They oversee the orderly growth of the visitorindustry by helping Alaskan communities plan for tourism development and assisting Alaskansdevelop/market their product. Facilitation is accomplished by providing one on oneconsultations, updates on industry affair, research and promotional expertise.

Alaska Travel Industry Association2600 Cordova Street, Suite 201Anchorage, AK 99503Phone: (907) 929 2842Fax: (907) 561 [email protected]

For the past four years, the Alaska Travel Industry Association has been in existence to promotetrade and marketing trade for over 1000 large and small tourism and travel related businessesthroughout Alaska.

Anchorage Convention and Visitors Bureau524 West Fourth AvenueAnchorage, AK 99501 2212Phone: (907) 276 4118Fax: (907) 278 [email protected]

The Anchorage Convention and Visitors Bureau (ACVB) promote, attract, and serve visitors tothe Anchorage area. It combines public and private resources to promote all of the Municipalityof Anchorage from Portage Glacier to Eklutna, as a year round destination. As a way ofpromoting the state’s largest city, the ACVB also promotes attractions and activities in SouthCentral Alaska, a day’s trip away.

Transportation

Alaska Department of Transportation and Public Facilities3132 Channel DriveJuneau, AK 99801 2500Phone: (907) 465 3900Fax: (907) 586 [email protected]

The Alaska Department of Transportation and Public Facilities plans, constructs, maintains, andoperates the state’s transportation systems, as well as state buildings and related facilities.DOT&PF is responsible for the administration and operation of the state ferry fleet. Forschedules, rates, and reservations, contact the Alaska Marine Highway in major Alaska ports ofcall, or contact the central Juneau Office at (800) 642 0066.

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Alaska Department of Transportation and Public Facilities, Civil Rights Office2200 East 42nd AvenueAnchorage, AK 99519 6900Phone: (907) 269 0851 or (800) 770 6236Fax: (907) 269 0847www.dot.state.ak.us/cvlrts/tribal.shtml

The Civil Rights Office is committed to ensuring equal opportunity for all businesses andpersonnel on DOT&PF projects. DOT&PF's policy is to ensure that no person be excluded fromparticipation, or be denied benefits, based on race, religion, color, gender, age, marital status,ability, or national origin. Contact this office for information pertaining to the DisadvantagedBusiness Enterprises Program (DBE).

Alaska International Airport System

Ted Stephens Anchorage International AirportP.O. Box 196960Anchorage, AK 99519 6960Phone: (907) 266 2526http://dot.alaska.gov/anc/index.shtml

Fairbanks International Airport System6450 Airport Way, Suite 1Fairbanks, AK 99709Phone: (907) 474 2500http://dot.alaska.gov/faiiap/index.shtml

Alaska Railroad Corporation327 West Ship Creek AvenueAnchorage, AK 99501Phone: (800) 321 6518www.alaskarailroad.com

The Alaska Railroad Corporation provides 525 miles of main line track from the ice free ports ofSeward and Whittier, through Anchorage, to the Interior at Fairbanks. For passenger schedules& fares call (907) 265 2494.

Water and Power

Alaska Department of Natural Resources, Division of Mining, Land and Water550 West 7th Avenue, Suite 1070Anchorage, AK 99501Phone: (907) 269 8600Fax: (907) 269 8904www.dnr.state.ak.us/mlw/index.htm

The Division of Mining, Land and Water provides information on state water rights

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appropriations, issues permits for the use of water, construction, modification, operation,removal, and abandonment of dams. They also provide hydrologic analysis of surface andgroundwater resources.

U.S. Army Corps of EngineersP.O. Box 6898Elmendorf AFB, AK 99506 0898Phone: (907) 753 2520Fax: (907) 753 5610www.poa.usace.army.mil/hm/default.htm

Designs and constructs facilities for the Army and Air Force in Alaska. In cooperation with localsponsors, designs, and constructs small boat harbors and flood control projects throughout thestate. The U.S. Army Corps of Engineers manages programs to remove hazardous, toxic, andradiological waste from formerly used military sites. They also regulate construction innavigable waters; while dredging and placing fill material in all waters and wetlands. And serveas the real estate agent for military in Alaska.

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REFERENCE SECTION

SECTION A. ACRONYMSListed alphabetically below are all of the acronyms used in this publication.

9006 Energy Renewable Energy Systems and Energy Efficiency ImprovementsGrants (Offered by USDA)

ABC Board Alcoholic Beverage Control BoardABDC Alaska Business Development Center, Inc.Act (the) Alaska Workers’ Compensation ActACVB Alaska Convention and Visitors BureauADF&G Alaska Department of Fish & GameADH&SS Alaska Department of Health and Social ServicesADI Alaska Department of Commerce, Community, & Economic

Development; Alaska Division of InvestmentsAIDEA Alaska Industrial Development and Export AuthorityAKOSH Alaska Department of Labor; Alaska Occupational Safety and

HealthAKSBDC University of Alaska Anchorage; Small Business Development

CenterAlliance (The) The Alaska Support Industry AllianceANSCA Alaska Native Settlement Claims ActARDOR Alaska Regional Development OrganizationsARLF Agricultural Revolving Loan Fund (Offered by Alaska Department

of Natural Resources; Division of Agriculture)AS Alaska StatuteASCAP American Society of Composers, Authors, and PublishersASRC Arctic Slope Regional CorporationASTF Alaska Science and Technology FoundationATIA Alaska Travel Industry AssociationAVES Alaska Village Environmental ServicesAVI Alaska Village InitiativesB&I Business and Industry Loan Guarantees (Offered by USDA)Bbl BarrelBIA The Department of Interior; Bureau of India AffairsBIDCO Business and Industrial Development CorporationBMI Broadcast Music, Inc.Board, The Alaska Board of FisheriesBusiness Licensing Alaska Department of Commerce, Community, & Economic

Development; Division of Corporations, Business andProfessional Licensing; Business Licensing Section

CD Compact DiskCDC Certified Development CompanyCDQ Community Development Quota

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Center (the) World Trade CenterCFAB Alaska Commercial Fishing and Agriculture BankCFEC Alaska Department of Fish & Game; Commercial Fisheries Entry

CommissionCorporations Section Alaska Department of Commerce, Community, and Economic

Development; Division of Corporations, Business andProfessional Licensing; Corporations Section

CPA Certified Public AccountantDBA Doing Business AsDBE Disadvantaged Business Enterprises ProgramDCCED Alaska Department of Commerce, Community, and Economic

DevelopmentDEC Alaska Department of Environmental ConservationDHS United States Department of Homeland SecurityDivision of Insurance Alaska Department of Commerce, Community, and Economic

Development; Division of InsuranceDNR Alaska Department of Natural ResourcesDOA Alaska Department of AdministrationDOC United States Department of CommerceDOD United States Department of DefenseDOI United States Department of the InteriorDOLWD Alaska Department of Labor & Workforce DevelopmentDOR Alaska Department of RevenueDOT&PF Alaska Department of Transportation and Public FacilitiesECDA Evergreen Community Development AssociationECU DEC; Division of Information & Administrative Services;

Environmental Crimes UnitEDA United States Department of Commerce, Economic Development

AdministrationEFH National Marine Fisheries Service; Essential Fish HabitatEFTPS Electronic Federal Tax Payment SystemEIN Employer Identification NumberELF Economic Limit FactorEmployment Security Tax Alaska Department of Labor & Workforce Development; Division

of Employment Security; Employment Security TaxESA Endangered Species ActFinancial Examination Alaska Department of Commerce, Community, and Economic

Development; Division of Insurance; Financial ExaminationSection

Forest Service United States Department of Agriculture; Forest ServiceFTD Federal Tax DepositFUTA Federal Unemployment Tax ActGuide, The Alaska Economic Development Resource GuideGMU Game Management UnitGUA Guide Use AreaHCD National Marine Fisheries Service; Habitat Conservation DivisionHVAC Heating, Ventilation, Air Conditioning

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IFQ Individual Fishing QuotaIRA Indian Reorganization ActIRC Internal Revenue CodeIRP Intermediary Relending ProgramIRS Internal Revenue ServiceJEDC Juneau Economic Development CouncilKIN Knowledge Industry Network (A program within JEDC)kWh Kilowatt HoursLG Loan Guarantee Program (Offered by BIA)LIFO Last in/First outLLC Limited Liability CompanyLLP Limited Liability PartnershipLP Limited PartnershipMAP Manufacturing Assistance Program (See AKSBDC)MBDC Alaska Minority Business Development CenterMCF Thousand Cubic FeetMMPA Marine Mammal Protection ActMotor Vehicles Alaska Department of Administration; Division of Motor VehiclesMSCVE Alaska Department of Transportation & Public Facilities; Division

of Measurement Standards & Commercial VehicleEndorsement

NAICS The North American Industry ClassificationNASA National Aeronautics and Space AdministrationNCCI National Council on Compensation InsuranceNMFS United States Department of Commerce; National Oceanic &

Atmospheric Administration; National Marine Fisheries Service(Alaska Region)

NOAA United States Department of Commerce; National Oceanic &Atmospheric Administration

NRCS United States Department of Agriculture; Natural ResourcesConservation Service

Occupations Directory Directory of Occupations Requiring a LicenseOED Alaska Department of Commerce, Community & Economic

Development; Office of Economic DevelopmentTrademark Office The United States Patent and Trademark OfficeOSHA United States Department of Labor; Occupational Safety & Health

AdministrationPC Professional CorporationPermit(s) Limited Entry Permit(s)PLWM Private Lands Wildlife Management ProgramPRD National Marine Fisheries Service; Protected Resources DivisionProfessional Licensing Section Alaska Department of Commerce, Community, and Economic

Development; Division of Corporations, Business &Professional Licensing; Professional Licensing Section

PSG Professional Services Group (A division of AVI)PTAC Procurement Technical Assistance CenterRBEG Rural Business Enterprise Grants (Offered by USDA)

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RBOG Rural Business Opportunity Grants (Offered by USDA)RBS United States Department of Agriculture Rural Development;

Rural Business – Cooperative ServiceRHS United States Department of Agriculture Rural Development;

Rural Housing ServiceRLF Southeast Alaska Revolving Loan Fund (Offered by JEDC)RUS United States Department of Agriculture Rural Development;

Rural Utilities ServiceSBA United States Small Business AdministrationSB93 Senate Bill 93, “An Act relating to commercial fishing permit and

vessel license fees; and providing for an effective date”SBIR Small Business Innovation Research GrantsSESAC This is not an acronym. It is actually the name of a company

(SESAC, Inc.) that represents songwriters and publishers.STTR Small Business Technology TransferTAC Total Allowable CatchTax Division Alaska Department of Revenue; Tax DivisionTCC Tanana Chiefs ConferenceTCC RLF Tanana Chiefs Conference – Revolving Loan FundTQM Total Quality ManagementTrademark Office The United States Patent and Trademark OfficeTREND Alaska Technology Research and Development Center (See

AKSBDC)UAA University of Alaska AnchorageUAF University of Alaska FairbanksUI Unemployment Insurance TaxUSDA United States Department of Agriculture Rural DevelopmentUSGS United States Geological SurveyVAPG Value Added Producer Grants (Offered by USDA)VEMAK Virtual Enterprise Manufacturing of AlaskaVMD Doctor of Veterinary MedicineWage & Hour Alaska Department of Labor & Workforce Development; Division

of Labor Standards & Safety; Wage and Hour AdministrationWNET Women’s Network for Entrepreneurial TrainingWorkers Compensation Division Alaska Department of Labor; Workers Compensation DivisionYWCA Young Women's Christian Association

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SECTION B. FINANCIAL INSTITUTIONSBelow is a list of financial institutions located around the State of Alaska that will help prepareyou for your business, and/or help you with financing inquiries for existing business needs. Theinstitutions are listed alphabetically, with a contact number for the main office.

Alaska Airlines Employees Federal Credit Union(907) 563 5335www.alaskaefcu.org/

AnchorageSeattle

Alaska District Engineers Federal Credit Union(907) 753 5118www.adefcu.org

Anchorage

Alaska First Community Bank and Trust(907) 561 [email protected]

Anchorage (Main Office & 2 Branches)

Alaska Pacific Bank(907) 789 4844www.alaskapacificbank.com/

Juneau (Main Office & 2 Branches)Ketchikan (2 Branches)Sitka

Alaska USA Federal Credit Union(907) 563 4567 or (800) 525 9094www.alaskausa.com

Anchorage (14 Branches)BethelEagle River (2 branches)Eielson AFBElmendorf AFBFairbanks (4 Branches)Fort GreelyFort RichardsonHomerJuneau (3 Branches)Kenai (2 Branches)Ketchikan (2 Branches)KodiakNorth Pole

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Oak Harbor (2 branches)PalmerSoldotnaWasilla (2 Branches)Washington State (17 branches)

ALPS Federal Credit Union(907) 747 6261www.alpsfcu.com

Sitka

Atlantic Federal Credit Union(907) 258 5884

Anchorage

City of Fairbanks Federal Credit Union(907) 452 3371http://www.mosquitonet.com/~coffcu/

Fairbanks

Credit Union 1(907) 339 9485 or (800) 478 [email protected]

Anchorage (Main Office & 5 Branches)Eagle RiverFairbanks (2 Branches)KetchikanKodiak (1 Branch & U.S. Coast Guard Support Center)NomeSoldotna

Denali Alaskan Federal Credit Union(907) 257 7200www.denalifcu.org

Anchorage (Main Office & 6 Branches)FairbanksJuneauWasilla

Denali State Bank(907) 456 1400www.denalistatebank.com

Fairbanks (Main Office & 3 Branches)Tok

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First Bank Alaska(800) 478 6101www.firstbankak.com

CraigJuneau (2 branches)Ketchikan (Main Office & 4 Branches)PetersburgSitkaWrangell

First National Bank of Alaska(907) 777 4362 or (800) 856 4362www.fnbalaska.com

Anchorage (Main Office & 8 Branches)BethelCordovaEagle RiverFairbanks (3 Branches)GlennallenHainesHealyHomerJuneau (3 Branches)KenaiKodiakPalmerSewardSitkaSoldotnaValdezWasilla

Key Bank of Alaska, N.A.(800) 539 2968www.key.com

Anchorage (Main Office & 2 Branches)Eagle RiverFairbanks (Main Office Interior Region & 2 Branches)Juneau (2 Branches)KenaiKetchikanKodiakNorth PolePalmerSoldotnaUnalaskaWasilla

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MAC Federal Credit Union(907) 356 1253 or (877) 883 1253http://www.macfcu.org/

Fort WainwrightFairbanks (2 Branches)Greely

Matanuska Valley Federal Credit Union(907) 745 4891http://www.mvfcu.coop/

Big LakeEagle RiverMeadow LakesPalmer (Main Office)Seward MeridianSunshineWasillaWillow

Mt. McKinley Mutual Savings Bank(907) 452 1751http://www.mtmckinleybank.com/

Fairbanks (Main Office & 2 Branches)Delta JunctionNorth Pole

North Country Credit Union(907) 456 2613

FairbanksNome

Northern Schools Federal Credit Union(907) 459 5900

Fairbanks (Main Office & 2 Branches)

Northern Skies Federal Credit Union(907) 561 1407

Anchorage (Main Office & 1 Branch)

Northrim Bancorp Inc.(907) 562 0062 or (800) 478 2265www.northrim.com

Anchorage (Main Office & 6 Branches)Eagle RiverFairbanks (2 Branches)Wasilla

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Tongass Federal Credit Union(907) 225 9063http://www.tongassfcu.com/

Ketchikan (2 Branches)KlawockMetlakatlaThorne Bay

True North Federal Credit Union(907) 523 4777https://www.truenorthfcu.org/index.jsp

AnchorageFairbanksJuneau (Main Office & 1 Branch)Yakutat

Wells Fargo Bank, N.A.(800) 478 5706www.wellsfargo.com

Anchorage (Main Office & 11 Branches)BarrowBethelCordovaCraigDelta JunctionDillinghamEagle RiverFairbanks (4 Branches)GlennallenHomerJuneau (3 Branches)KenaiKetchikan (3 Branches)King SalmonKodiak (2 Branches)KotzebueNomeNorth PolePalmerPetersburgSeattleSewardSitkaSkagwaySoldotnaValdezWasilla (2 Branches)

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Wrangell

For more information on financial institutions located in the State of Alaska, visit the followingweb site: www.commerce.state.ak.us/bsc/banking.htm.

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SECTION C. GLOSSARY (OF TERMS)Accounts Receivable A record of what is owed to you. All of the credit “accounts”—the records of

what each customer owes you—taken together are your “accountsreceivable”. Even though you don’t have the money in hand, that moneywhich is owed to you is an asset, just as money in the bank is an asset.Your “accounts receivable” is something you have to know in order toknow what your business is worth at any time. Of course, your accountsreceivable must be collected to become a real asset.

Accrued Expenses An expense incurred but not yet paid.Ad valorem An ad valorem tax is a tax based on the value of real estate or personal

property.Amortization The gradual reduction of a debt by means of periodic payments sufficient to

meet current interest and extinguish the debt at maturity.Asset Anything of worth that is owned. Your personal assets (not counting your

liabilities) is the money you have in your pocket or the bank, whatever isowed to you, whatever you own, for example: any securities, property,whatever part of your home, your furniture and appliances and all themiscellaneous things which you personally possess. The assets of abusiness are money in the bank, accounts receivable, securities held in thename of the business, property or buildings, equipment, fixtures,merchandise for sale or being made ready, supplies, and all things of valuewhich the business owns.

Assets, Capital Those assets that are not readily convertible into cash and in the ordinarycourse of business are not so converted, more often termed fixed assets.

Bad Debt Money owed to you that you are unable to collect. A business should nevergive credit or loan money to anyone who is not a good risk. But you can’texpect to collect on all loans and credit you issue. You have to estimate inadvance approximately how much you are not going to collect and adjustaccordingly. You must set up a bad debt allowance.

Balance Sheet An important business document, which shows what a business owns andowes as of the date shown. Essentially a “balance sheet” is a list ofbusiness assets and their cost on one side and a list of liabilities andowners equity (investment in the business) on the other side with theamount for each. The liabilities include all the business owes. If thebalance sheet is figured correctly, the total assets will equal the totalliabilities plus the owners’ equity.

Benchmark Performance standards set by continuously comparing and measuring yourown company against competitors.

Break Even Analysis A method used to determine the point at which the business will neithermake a profit nor incur a loss. That point is expressed in either the totaldollars of revenue exactly offset by total expenses; or in total units ofproduction, the cost of which exactly equals the income derived by theirsale.

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Budget Control tool that is used to reflect expected sales revenues, operatingexpenses, and cash receipts.

Business Ethics Standards, expected business conduct and moral values.Business Plan An objective written review of your business to identify areas of weakness

and strength, pinpoint needs, and begin planning how you can bestachieve your business goals.

Cash Flow The sources and uses of a company’s cash funds over a designated period.Cash Position The percentage of cash to total net assets indicates relative cash positions. It

includes cash and United States government securities, and is the netamount after deducting current liabilities.

Competitive Difference Any part of your company that makes you more competitive then yourcompetitors.

Current Assets Those assets that are readily convertible into cash without substantial loss;included are cash, investments, notes, accounts receivable, andinventories.

Current Liabilities Those pecuniary obligations ordinarily intended to be paid in the usual courseof business within a relatively short time, normally within a year, out ofearnings.

Current Ratio The ratio of current assets to current liabilities, indicating the ability of abusiness to pay its current liabilities in cash as they fall due.

Customer Satisfaction Ability to meet customers’ expectations, including emotional needs andphysical needs.

Debt Capital Financing Money borrowed with the intention of paying it back plus interest.Debt to Worth Ratio A ratio of your business’ total liability to its net worth.Depreciation Expiration in service life of fixed assets, other than wasting assets, attributable

to wear and tear through use and lapse of time, obsolescence, inadequacy,or other physical or functional cause.

Dividends The proportion of the net earnings of a corporation paid to the stockholdersas their share of the profits.

Electronic Mail (e mail) Sending and receiving messages worldwide through a system on computers.Entrepreneur An individual that assumes the financial risk of the initiation, operation, and

management of a given business or undertaking.Equity The monetary value of a property or business, which exceeds the claims

and/or liens against it by others.Equity Capital Financing Money given to your business, without the intention of paying it back, in

return for part ownership in your business.Financial Statements

GuarantyA written commitment by an individual or authorized legal entity to pay a loan

in the event the borrower is unable to do so.Fixed Costs Costs that remain the same over a period of time, regardless of the

production level.Income Statement A financial record of your company’s revenues, expenses, and profits over a

period of time.Internet Global network composed of thousands of different networks around the

globe that allows people to send and receive data from personalcomputers.

Leader Someone who is able to motivate others to perform activities designed toachieve specific objectives.

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Leverage The relationship of other people’s money (debt) in relation to your owninvestment (equity) in your business.

Liquidity Solvency of a business; the degree of readiness in which assets can beconverted to cash. If assets cannot be converted into cash to meet currentliabilities, the firm is said to be illiquid.

Management The administration and policy makers of a business; those responsible for theplanning of goals and objectives.

Market The number of people and their total spending (actual or potential) for yourproduct line within the geographic limits of your geographic ability.

Mission Statement A statement describing what your company’s goal and purpose is; usually onlya sentence or two.

Net Worth The excess of the assets of an individual or an enterprise over all his or itsliabilities.

Pro Forma A projection or estimate of what may result in the future from actions in thepresent. A pro forma financial statement is one that shows how the actualoperations of the business will turn out if certain assumptions are realized.

Profit The excess of the selling price over all costs and expenses incurred in makingthe sale.

Receivable An asset in the form of an amount, which is due from a borrower.Strategic Planning A process of determining the primary objectives of your company, adopting a

course of action, and allocating the resources necessary to achieve theobjectives.

Target Market The specific individuals, distinguished by socioeconomic, demographic, and/orinterest characteristics that are most likely potential customers for thegoods and services of a business.

Total Quality Management A company wide commitment to quality in achieving world class performanceand customer satisfaction as a crucial strategic objective.

Variable Costs Costs that are not stable and change with the production level.Working Capital Net the excess of current assets over current liabilities. These excess current

assets are available for carrying on business operations.

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SECTION D. WEB PAGE REFERENCEAhtna, Inc.: www.ahtna inc.comAlaska Administrative Code

Credit for Continuing Education: http://www.legis.state.ak.us/cgibin/folioisa.dll/aac/query=3+aac+23!2E100/doc/%7B@6713%7D?Continuing Education Requirements: http://www.legis.state.ak.us/cgibin/folioisa.dll/aac/query=%5Bgroup+!2712+aac+64!2E500!27!3A%5D/doc/%7B@1%7D/hits_only?

Alaska Airlines Employees Federal Credit Union: www.alaskaefcu.org/Alaska Business Development Center, Inc.: http://www.abdc.org/Alaska Commercial Fishing and Agriculture Bank: www.cfabalaska.comAlaska Department of Administration:

Division of Motor Vehicles:Form 812 – Application for Title and Registration:http://doa.alaska.gov/dmv/forms/pdfs/812.pdfForm 821 – Vehicle Transaction Application:http://doa.alaska.gov/dmv/forms/pdfs/821.pdf

Oil and Gas Commission: http://doa.alaska.gov/ogc/Alaska Department of Commerce, Community, and Economic Development:http://www.commerce.state.ak.us

Division of Banking and SecuritiesBanking Section: http://www.commerce.state.ak.us/bsc/home.htmCommunity Development Quota Program:http://www.commerce.state.ak.us/bsc/CDQ/cdq.htm

Division of Community and Regional AffairsAlaska Economic Development Research Guide:http://www.commerce.state.ak.us/dca/edrg/EDRG.htmAlaska Product Preference Program:http://www.commerce.state.ak.us/dca/prodpref/prodpref.htmAlaska Regional Development Organizations:http://www.commerce.state.ak.us/oed/ardor/ardor.htmLocal Boundary Commission: http://www.commerce.state.ak.us/dca/lbc/lbc.htmMade In Alaska: http://www.madeinalaska.org/mia/

Division of Corporations, Business, and Professional Licensing:http://www.commerce.state.ak.us/occ/

Business Licensing Section: www.businesslicense.alaska.govAlaska Business License:http://www.commerce.state.ak.us/occ/blec/BLEC_Start.cfm?CFID=1304571&CFTOKEN=46078278Alaska Business License/Tobacco Endorsement:http://www.commerce.state.ak.us/occ/home_bus_licensing.htm

Corporations Section: http://www.commerce.state.ak.us/occ/Corporations Section Database: https://myalaska.state.ak.us/business/Application for Registration or Renewal of Trademark, Service Mark, Certification, orCollective: http://www.commerce.state.ak.us/occ/cforms.htmArticles of Incorporation: http://www.commerce.state.ak.us/occ/cforms.htmArticles of Organization: http://www.commerce.state.ak.us/occ/cforms.htm

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Biennial Report: https://myalaska.state.ak.us/business/biennial/reportstart.aspBlank Biennial Report:http://www.dced.state.ak.us/occ/pub/Print_a_Blank_Biennial_Report.pdfBusiness Name Registration Application:https://myalaska.state.ak.us/business/online/Fictitious/Default.aspx?XID=338d819b b07a 4dd9 91dd 304a824084a8Certificate of Authority: http://www.commerce.state.ak.us/occ/cforms.htm

Professional Licensing SectionReal Estate Commission, Continuing Education Requirement:http://www.commerce.state.ak.us/occ/prec10.htm

Division of Insurance: http://www.commerce.state.ak.us/insurance/Alaska’s Continuing Education Program, Commonly Asked Questions and QuickReference: http://www.commerce.state.ak.us/insurance/cequests.htmFinancial Examination Section: http://www.commerce.state.ak.us/insurance/Producer Licensing, Viaticals and TPAs:http://www.commerce.state.ak.us/insurance/producerinfo.htm

Division of Investments: http://www.commerce.state.ak.us/investments/index.cfmlOffice of Economic Development: http://www.commerce.state.ak.us/oed/

Alaska Forest Product Preference Program:http://www.commerce.state.ak.us/dca/prodpref/prodpref.htmAlaska Office of Tourism Development:http://www.commerce.state.ak.us/oed/toubus/home.cfmForest Products Development:http://www.commerce.state.ak.us/oed/forest_products/forest_products.htmOffice of Fisheries Development:http://www.commerce.state.ak.us/oed/seafood/seafood.cfm

Alaska Department of Corrections: http://www.correct.state.ak.us/corrections/index.jsfAlaska Department of Education and Early Development: http://www.eed.state.ak.us/

Alaska State Council on the Arts: http://www.eed.state.ak.us/Aksca/Silver Hand Program: http://www.eed.state.ak.us/aksca/

Alaska Department of Environmental Conservation: http://www.dec.state.ak.us/Compliance Assistance Office: http://www.dec.state.ak.us/Division of Air Quality: http://www.dec.state.ak.us/air/index.htm

Air Monitoring and Quality Assurance Program:http://www.dec.state.ak.us/air/am/index.htmAir Non Point and Mobile Sources Program: http://www.dec.state.ak.us/air/anpms/Air Permits Program: http://www.dec.state.ak.us/air/ap/mainair.htm

Division of Environmental Health: http://www.dec.state.ak.us/eh/index.htmDrinking Water Program: http://www.dec.state.ak.us/eh/dw/index.htmEnvironmental Health Laboratory: http://www.dec.state.ak.us/eh/lab/index.htmPesticide Control Program: http://www.dec.state.ak.us/eh/pest/Solid Waste Program: http://www.dec.state.ak.us/eh/sw/index.htmState Veterinarian’s Office: http://www.dec.state.ak.us/eh/vet/index.htm

Division of Information and Administrative Services:http://www.dec.state.ak.us/das/index.htm

Environmental Crimes Unit: http://www.dec.state.ak.us/das/ecu/index.aspxDivision of Spill Prevention and Response: http://www.dec.state.ak.us/spar/index.htm

Contaminated Sites Program: http://www.dec.state.ak.us/spar/csp/index.htmIndustry Preparedness Program: http://www.dec.state.ak.us/spar/ipp/index.htm

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Prevention and Emergency Response Program:http://www.dec.state.ak.us/spar/perp/index.htmResponse Fund Administration Program:http://www.dec.state.ak.us/spar/rfa/index.htm

Division of Water: http://www.dec.state.ak.us/water/index.htmMunicipal Grants and Loans:

Alaska Clean water Fund:http://www.dec.state.ak.us/water/MuniGrantsLoans/index.htmAlaska Drinking Water Fund:http://www.dec.state.ak.us/water/MuniGrantsLoans/index.htmMunicipal Loan Program:http://www.dec.state.ak.us/water/MuniGrantsLoans/index.htm

Municipal Water, Sewerage, and Solid Waste Matching Grant Program:http://www.dec.state.ak.us/water/munigrant/Non Point Source Water Pollution Control: http://www.dec.state.ak.us/water/wnpspc/Operator Training and Certification Program: http://www.dec.state.ak.us/water/opcert/Remote Maintenance Worker Program: http://www.dec.state.ak.us/water/rmw/Village Sate Water Program: http://www.dec.state.ak.us/water/vsw/Wastewater Discharge Program: http://www.dec.state.ak.us/water/wwdp/Water Quality Assessment and Monitoring Program:http://www.dec.state.ak.us/water/wqamp/wqamp.htm

Alaska Department of Fish and Game: http://www.adfg.state.ak.us/Commercial Fisheries Entry Commission: http://www.cfec.state.ak.us/

Commercial Fishing Permit Application: http://www.cfec.state.ak.us/mnu_Forms.htmCommercial Vessel License: http://www.cfec.state.ak.us/mnu_Forms.htmInterim Use Permit: http://www.cfec.state.ak.us/mnu_Forms.htmLimited Entry Permits: http://www.cfec.state.ak.us/mnu_Forms.htm

Division of Administrative Services: http://www.adfg.state.ak.us/Crewmember License: http://www.admin.adfg.state.ak.us/license/

Alaska Department of Health and Social Services: http://www.hss.state.ak.us/Division of Public Health, Radiological Health Program:http://www.hss.state.ak.us/dph/labs/radiological/radiological_health.htm

Alaska Department of Labor and Workforce Development: http://labor.state.ak.us/Division of Labor Standards and Safety: http://labor.state.ak.us/lss/home.htm

Alaska Occupational Safety and Health: http://labor.state.ak.us/lss/oshhome.htmEmergency Information: http://www.labor.state.ak.us/lss/forms/EmergInfo.pdfFlexible Work Hour Plan: http://www.labor.state.ak.us/lss/forms/flexplan.pdfOccupational Safety and Health Act: http://labor.state.ak.us/lss/oshhome.htmOccupational Safety and Health Section: http://www.labor.alaska.gov/lss/oshhome.htmSafety and Health Protection on the Job: http://www.labor.state.ak.us/lss/forms/rightto know.pdfSummary of Alaska Child Labor Laws: http://labor.state.ak.us/lss/childlaw.htmWage and Hour Administration: http://labor.state.ak.us/lss/whhome.htm

Employment Practices and Working Conditions – Pamphlet 100:http://www.labor.state.ak.us/lss/forms/pam100.pdf

Division of Workers’ Compensation: http://www.labor.state.ak.us/wc/home.htmForm 07 6129 – Application for Certificate of Self Insurance:http://www.labor.state.ak.us/wc/forms/wc6129.pdfForm 07 6131 – Executive Officer Waiver:

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http://www.labor.state.ak.us/wc/forms/wc6131.pdfSelf Insured Employer: http://www.labor.state.ak.us/wc/self1.htmWorkers’ Compensation Act: http://www.bclaws.ca/Recon/document/freeside/%20W%20/Workers%20Compensation%20Act%20%20RSBC%201996%20%20c.%20492/00_Act/96492_00.htm

Employment Security Division:Employment Security Tax: http://www.labor.state.ak.us/estax/home.htm

Alaska Unemployment Insurance Tax Handbook:http://www.labor.state.ak.us/estax/forms/taxbook.pdfAlaska Employer Registration Form:http://www.labor.state.ak.us/estax/forms/AER.pdfDo You Have Contract Labor?:http://www.labor.state.ak.us/estax/forms/contract.pdfForm TQ01A – Alaska Quarterly Contribution Report Change Notification Sheet:http://www.labor.state.ak.us/estax/forms/TQ01A.pdfForm TQ01B – Instructions for Completing the Alaska Quarterly ContributionReport: http://www.labor.state.ak.us/estax/forms/TQ01B.pdfForm TQ01C – Alaska Quarterly Contribution Report:http://www.labor.state.ak.us/estax/forms/TQ01C 09.pdfForm TREG – Voluntary Election of Coverage for Excluded Employment:http://www.labor.state.ak.us/estax/forms/07 1002.pdf

Research and Analysis Section: http://almis.labor.state.ak.us/Directory of Occupations Requiring a License:http://almis.labor.state.ak.us/?PAGEID=67&SUBID=194

Work Permit: http://www.labor.state.ak.us/lss/forms/workpmit.pdfAlaska Department of Law: http://www.law.state.ak.us/Alaska Department of Military and Veterans Affairs: http://dmva.alaska.gov/Alaska Department of Natural Resources: http://dnr.alaska.gov/

Division of Agriculture: http://dnr.alaska.gov/ag/index.htmDivision of Forestry: http://forestry.alaska.gov/Division of Geological and Geophysical Surveys: http://www.dggs.dnr.state.ak.us/Division of Mining, Land, and Water: http://dnr.alaska.gov/mlw/index.htm

Multi Agency Permit Application – Placer Mining License:http://dnr.alaska.gov/mlw/forms/09apma/placer.pdf

Division of Oil and Gas: http://www.dog.dnr.state.ak.us/oil/Alaska Department of Public Safety: http://www.dps.state.ak.us/

Office of the Commissioner:Alcoholic Beverage Control Board: http://www.dps.state.ak.us/ABC/

Alaska Department of Revenue: http://www.revenue.state.ak.us/Tax Division: http://www.tax.state.ak.us/

Alcoholic Beverages Tax:http://www.tax.alaska.gov/programs/programs/forms/index.aspx?60165Cigarette and Tobacco Products Tax:http://www.tax.alaska.gov/programs/programs/index.aspx?60170Forms:

0405 403 – State Bonded Warehouse License Application:http://www.tax.alaska.gov/programs/documentviewer/viewer.aspx?1807f0405 407 – Alaska Qualified Motor Fuel Dealer License Application:

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http://www.tax.alaska.gov/programs/documentviewer/viewer.aspx?386f04 055 – Telephone Cooperative Gross Revenue Tax Return:http://www.tax.alaska.gov/programs/documentviewer/viewer.aspx?44f0405 520 – Alaska Cigarette and Tobacco Products License:http://www.tax.alaska.gov/programs/documentviewer/viewer.aspx?1803f0405 522 – Alaska Cigarette and Tobacco Products Monthly Tax Return:http://www.tax.alaska.gov/programs/documentviewer/viewer.aspx?262f0405 566 – Salmon Enhancement Tax Return:http://www.tax.alaska.gov/programs/documentviewer/viewer.aspx?1370f0405 568 – Fisheries Business Monthly Payment and Report:http://www.tax.alaska.gov/programs/documentviewer/viewer.aspx?1457f0405 573 – Alaska Fisheries Business License Application:http://www.tax.alaska.gov/programs/documentviewer/viewer.aspx?1529f0405 574 – Fisheries Business Tax Return:http://www.tax.alaska.gov/programs/documentviewer/viewer.aspx?1734f0405 576 – Direct Marketing Fisheries Business License:http://www.tax.alaska.gov/programs/documentviewer/viewer.aspx?1528f0405 578 – Alaska Seafood Marketing Assessment Return:http://www.tax.alaska.gov/programs/documentviewer/viewer.aspx?1563f0405 580 – Dive Fishery Management Assessment:http://www.tax.alaska.gov/programs/documentviewer/viewer.aspx?1680f0405 597 – Fishery Resource Landing Tax – Estimated Payment Vouchers:http://www.tax.alaska.gov/programs/documentviewer/viewer.aspx?586f0405 599 – Primary Fish Buyers and Fish Processors Bond:http://www.tax.alaska.gov/programs/documentviewer/viewer.aspx?962f04 056 – Electric Cooperative Gross Revenue Tax Return:http://www.tax.alaska.gov/programs/documentviewer/viewer.aspx?44f0405 611x – Alaska Corporation Net Income Tax:http://www.tax.alaska.gov/programs/documentviewer/viewer.aspx?461f0405 662 – Mining License Tax Return:http://www.tax.alaska.gov/programs/documentviewer/viewer.aspx?1737f0405 680 – Alaska Fishery Resource Landing Tax Return:http://www.tax.alaska.gov/programs/documentviewer/viewer.aspx?1794f04 200 – Tire Fees Quarterly Return:http://www.tax.alaska.gov/programs/documentviewer/viewer.aspx?47f04 405 – Alcoholic Beverages Surety Bond:http://www.tax.alaska.gov/programs/documentviewer/viewer.aspx?5f04 405W – Alcoholic Beverages Warehouse Bond:http://www.tax.alaska.gov/programs/documentviewer/viewer.aspx?6f04 409 – Qualified Dealer Bond:http://www.tax.alaska.gov/programs/documentviewer/viewer.aspx?151f04 500 – Alcoholic Beverage Excise Tax Return:http://www.tax.alaska.gov/programs/documentviewer/viewer.aspx?1272f04 530 – Motor Fuel Tax Return Booklet:http://www.tax.alaska.gov/programs/documentviewer/viewer.aspx?1723f04 544 – Claim for Refund Motor Fuel Tax:http://www.tax.alaska.gov/programs/documentviewer/viewer.aspx?1149f04 566 – Salmon Enhancement Tax Return:http://www.tax.alaska.gov/programs/documentviewer/viewer.aspx?1370f

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04 568 – Fisheries Business Monthly Payment and Report:http://www.tax.alaska.gov/programs/documentviewer/viewer.aspx?1457f04 571 – Salmon Enhancement Tax Buyer’s Annual Report:http://www.tax.alaska.gov/programs/documentviewer/viewer.aspx?91f04 581 – Dive Fishery Management Assessment Quarterly Bonus Return:http://www.tax.alaska.gov/programs/programs/forms/index.aspx?6062004 582 – Regional Seafood Development Tax Return:http://www.tax.alaska.gov/programs/documentviewer/viewer.aspx?1808f04 611 – Alaska Corporation Net Income Tax Return:http://www.tax.alaska.gov/programs/documentviewer/viewer.aspx?1783f04 630 – Vehicle Rental Tax – Quarterly Tax Return:http://www.tax.alaska.gov/programs/documentviewer/viewer.aspx?1480f04 661 – Mining/Sand/Gravel License Application:http://www.tax.alaska.gov/programs/documentviewer/viewer.aspx?1152f04 711 – Estimated Tax Payment:http://www.tax.alaska.gov/programs/documentviewer/viewer.aspx?26f

Alaska Department of Transportation and Public Facilities: http://www.dot.state.ak.us/Civil Rights Office: www.dot.state.ak.us/cvlrts/tribal.shtmlDivision of Measurement Standards and Commercial Vehicle Enforcement:http://www.dot.state.ak.us/mscve/main.cfm?go=index

Form 08 055 – Verification of Air Carrier’s Insurance:http://www.dot.state.ak.us/stwdav/forms/InsuranceVerificationForm.pdfForm 08 060 – Air Carrier’s Certificate Insurance Coverage Compliance:http://www.dot.state.ak.us/stwdav/forms/aircarrier.pdf

Fairbanks International Airport: http://dot.alaska.gov/faiiap/index.shtmlStatewide Aviation: http://www.dot.state.ak.us/stwdav/Ted Stevens Anchorage International Airport: http://dot.alaska.gov/anc/

Alaska District Engineers Federal Credit Union: http://www.adefcu.orgAlaska Federation of Natives: http://www.nativefederation.org/Alaska Fisheries Development Foundation, Inc.: http://www.afdf.org/index.htmlAlaska Growth Capital: http://www.alaskagrowth.com/Alaska Industrial Development and Export Authority: http://www.aidea.org/

Alaska International Airport System:Fairbanks International Airport: http://dot.alaska.gov/faiiap/index.shtmlTed Stevens Anchorage International Airport: http://dot.alaska.gov/anc/index.shtml

Alaska Municipal League: www.akml.orgAlaska Oil and Gas Association: www.aoga.org/Alaska Pacific Bank: http://www.alaskapacificbank.com/Alaska Railroad Corporation: http://www.alaskarailroad.com/Alaska Seafood Marketing Institute: http://www.alaskaseafood.org/Alaska Small Business Development Center: http://aksbdc.org/

Procurement Technical Assistance Center: http://www.ptacalaska.org/Alaska Chamber of Commerce: http://www.alaskachamber.com/content/Alaska State Legislature, SB93:http://www.legis.state.ak.us/basis/get_fulltext.asp?session=24&bill=SB93

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Alaska Statutes:Activities Not Constituting Transacting Business in this State:http://www.legis.state.ak.us/cgibin/folioisa.dll/stattx04/query=10!2E06!2E718/doc/%7B@3368%7D?Alaska Corporations Code: http://www.legis.state.ak.us/cgibin/folioisa.dll/stattx04/query=10!2E06!2E005/doc/%7B@3182%7D?Alaska Employment Security Act: http://www.legis.state.ak.us/cgibin/folioisa.dll/stattx05/query=chapter+23!!2E20/doc/%7B@10706%7D/hit_headings?Alaska Revised Limited Liability Company Act: http://www.legis.state.ak.us/cgibin/folioisa.dll/stattx04/query=10!2E05!2E010/doc/%7B@4014%7D?Alaska Securities Act: http://www.legis.state.ak.us/cgibin/folioisa.dll/stattx04/query=!22alaska+securities+act!22/doc/%7B@19149%7DAlaska Wage and Hour Act: http://www.legis.state.ak.us/cgibin/folioisa.dll/stattx04/query=23!2E10!2E050/doc/%7B@10508%7D?Alaska Workers’ Compensation Act:http://touchngo.com/lglcntr/akstats/Statutes/Title23/Chapter30.htmArticles of Incorporation; Relationship to Bylaws: http://www.legis.state.ak.us/cgibin/folioisa.dll/stattx04/query=10!2E20!2E151/doc/%7B@3726%7D?Authorization of Foreign Corporations: http://www.legis.state.ak.us/cgibin/folioisa.dll/stattx04/query=10!2E06!2E705/doc/%7B@3364%7D?Business and Professions: http://www.legis.state.ak.us/cgibin/folioisa.dll/stattx04/query=08!2E54!2E600/doc/%7B@1736%7DCigarette Tax Act: http://www.legis.state.ak.us/cgibin/folioisa.dll/stattx04/query=cigarette+tax+act/doc/%7B@16851%7DContents of Articles of Incorporation: http://www.legis.state.ak.us/cgibin/folioisa.dll/stattx04/query=10!2E151!2E350!28a!29/doc/%7B@3634%7D?Determining Distinguishable Names: http://www.legis.state.ak.us/cgibin/folioisa.dll/aac/query=%5Bgroup+!273+aac+16!2E120!27!3A%5D/doc/%7B@1%7D/hits_onlyEmployment Practices and Working Conditions: http://www.legis.state.ak.us/cgibin/folioisa.dll/stattx04/query=23!2E10!2E050/doc/%7B@10508%7D?Execution of Articles of Incorporation: http://www.legis.state.ak.us/cgibin/folioisa.dll/stattx05/query=10!2E40!2E020/doc/%7B@3972%7DLimited Liability Partnerships: http://www.legis.state.ak.us/cgibin/folioisa.dll/stattx04/query=32!2E06!2E9111/doc/%7B@13235%7DProcedure Concerning Application (Trademarks): http://www.legis.state.ak.us/cgibin/folioisa.dll/stattx08/query=as+45!2E50!2E010/doc/%7B@19947%7DProfessional Corporations Act: http://www.legis.state.ak.us/cgibin/folioisa.dll/stattx04/query=10!2E45/doc/%7B@3983%7DPublic Contracts: http://www.legis.state.ak.us/cgibin/folioisa.dll/stattx04/query=36!2E10!2E140/doc/%7B@14264%7DSalmon Enhancement Tax: http://www.legis.state.ak.us/cgibin/folioisa.dll/stattx04/query=43!2E76/doc/%7B@17078%7DState Assistance for Community Health Aide Programs: http://www.legis.state.ak.us/cgibin/folioisa.dll/stattx04/query=18!2E28!2E100/doc/%7B@8047%7D?Uniform Limited Partnership Act: http://www.legis.state.ak.us/cgibin/folioisa.dll/stattx04/query=32!2E11!2E010/doc/%7B@13257%7D

Alaska Travel Industry Association: www.alaskatia.orgAlaska USA Federal Credit Union: http://www.alpsfcu.com/

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Alaska Village Initiatives: www.akvillage.comAleut Corporation: www.aleutcorp.comAleutian Pribilof Island Community Development Association: http://www.apicda.com/Aleutians East Borough: www.aleutianseast.org

Headquarters: www.aleutianseast.orgAlliance, The: http://alaskaalliance.com/ALPS Federal Credit Union: http://www.alpsfcu.com/Alyeska Pipeline Service Company: www.alyeska pipe.comAmerican Society of Composers, Authors, and Publishers (ASCAP):http://www.ascap.com/index.aspxAnchorage Convention and Visitors Bureau: www.anchorage.netArctic Slope Regional Corporation: www.asrc.comBering Straits Native Corporation: www.beringstraits.comBetter Business Bureau: http://www.alaska.bbb.org/Bristol Bay Borough: www.theborough.comBristol Bay Economic Development Corporation: http://www.bbedc.com/Bristol Bay Native Corporation: www.bbnc.netBroadcast Music, Inc. (BMI): http://www.bmi.com/Calista Corporation: www.calistacorp.comCentral Bering Sea Fishermen’s Association: http://www.cbsfa.com/Chugach Alaska Corporation: www.chugach ak.comCity of Fairbanks Federal Credit Union: http://www.mosquitonet.com/~coffcu/Coastal Village Region Fund: http://www.coastalvillages.org/Cook Inlet Region, Inc.: www.ciri.comCopyright Laws of the United States: http://www.copyright.gov/title17/Credit Union 1: https://www.cu1.org/Denali Alaskan Federal Credit Union: https://www.denalifcu.orgDenali Borough: www.denaliborough.govoffice.comDenali State Bank: http://www.denalistatebank.com/Doyon Limited: www.doyon.comEvergreen Community Development Association: http://www.evergreen504.com/Fairbanks North Star Borough: www.co.fairbanks.ak.usFederal Unemployment Tax Act: http://www.fourmilab.ch/ustax/www/t26 C 23.htmlFirst Bank Alaska: http://www.firstbankak.com/First National Bank of Alaska: http://www.fnbalaska.com/Haines Borough: www.hainesborough.us/Internal Revenue Service: http://www.irs.gov/

IRC Section 3509 – Determination of Employer’s Liability for Certain Employment Taxes:http://www.fourmilab.ch/ustax/www/t26 C 25 3509.htmlIRC Section 501 – Exemption from Tax on Corporations, Certain Trusts, etc.:http://www.fourmilab.ch/ustax/www/t26 A 1 F I 501.htmlIRS – Federal Unemployment Tax Act:http://www.irs.gov/businesses/small/international/article/0,,id=104985,00.html’IRS Form 1040 – U.S. Individual Tax Return: http://www.irs.gov/pub/irs pdf/f1040.pdfIRS Form 1040 (Schedule C) – Profit or Loss from Business: http://www.irs.gov/pub/irspdf/f1040sc.pdf

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IRS Form 1040 (Schedule E) – Supplemental Income and Loss: http://www.irs.gov/pub/irspdf/f1040se.pdfIRS Form 1040 (Schedule SE) – Self Employment Tax: http://www.irs.gov/pub/irspdf/f1040sse.pdfIRS Form 1040 ES – Estimated Tax for Individuals: http://www.irs.gov/pub/irspdf/f1040es.pdfIRS Form 1065 – U.S. Return of Partnership: http://www.irs.gov/pub/irs pdf/f1065.pdfIRS Form 1099 DIV – Dividends and Distributions: http://www.irs.gov/pub/irspdf/f1099div.pdfIRS Form 1099 MISC – Miscellaneous Income: http://www.irs.gov/pub/irs pdf/f1099msc.pdfIRS Form 1120 – U.S. Corporation Income Tax Return: http://www.irs.gov/pub/irspdf/f1120.pdfIRS Form 1120 S – U.S. Income Tax Return: http://www.irs.gov/pub/irs pdf/f1120s.pdfIRS Form 1120 W – Estimated Tax for Corporations: http://www.irs.gov/pub/irspdf/f1120w.pdfIRS Form 2290 – Heavy Highway Vehicle Use Tax Return: http://www.irs.gov/pub/irspdf/f2290.pdfIRS Form 2553 – Election by a Small Business Corporation: http://www.irs.gov/pub/irspdf/f2553.pdfIRS Form 720 – Quarterly Federal Excise Tax Return: http://www.irs.gov/pub/irspdf/f720.pdfIRS Form 940 – Employer’s Annual Federal Unemployment (FUTA) Tax Return:http://www.irs.gov/pub/irs pdf/f940.pdfIRS Form 941 – Employer’s Quarterly Federal Tax Return: http://www.irs.gov/pub/irspdf/f941.pdfIRS Form SS 4 – Application for Employer Identification Number:http://www.irs.gov/pub/irs pdf/fss4.pdfIRS Form SS 8 – Determination of Worker Status for Purposes of Federal Employment Taxesand Income Tax Withholding: http://www.irs.gov/pub/irs pdf/fss8.pdfIRS Form W 4 – Employees Withholding Allowance Certificate: http://www.irs.gov/pub/irspdf/fw4.pdfIRS Publication 15 (Circular E) – Employer’s Tax Guide: http://www.irs.gov/pub/irspdf/p15.pdfIRS Publication 1518 – IRS Tax Calendar for Small Businesses and Self Employed:http://www.irs.gov/pub/irs pdf/p1518.pdfIRS Publication 15 A – Employer’s Supplemental Tax Guide: http://www.irs.gov/pub/irspdf/p15a.pdfIRS Publication 17 – Your Federal Income Tax: http://www.irs.gov/pub/irs pdf/p17.pdfIRS Publication 225 – Farmer’s Tax Guide: http://www.irs.gov/pub/irs pdf/p225.pdfIRS Publication 3207 – The Small Business Resource Guide:http://www.irs.gov/businesses/small/article/0,,id=101169,00.htmlIRS Publication 334 – The Tax Guide for Small Business: http://www.irs.gov/pub/irspdf/p334.pdfIRS Publication 4275 – Express Enrollment for New Businesses: http://www.irs.gov/pub/irspdf/p4275.pdfIRS Publication 510 – Excise Taxes: http://www.irs.gov/pub/irs pdf/p510.pdfIRS Publication 541 – Partnerships: http://www.irs.gov/pub/irs pdf/p541.pdfIRS Publication 542 – Corporations: http://www.irs.gov/pub/irs pdf/p542.pdf

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IRS Publication 557 – Tax Exempt Status for your Organization: http://www.irs.gov/pub/irspdf/p557.pdf

Juneau City and Borough: www.juneau.orgJuneau Economic Development Council: http://www.jedc.org/Kenai Peninsula Borough: www.borough.kenai.ak.usKenai Peninsula Borough, Economic Development District: http://www.kpedd.org/Ketchikan Gateway Borough: www.borough.ketchikan.ak.usKey Bank of Alaska, N.A.: https://www.key.com/Kodiak Island Borough: www.kib.co.kodiak.ak.usKoniag, Inc.: www.koniag.comLake and Peninsula: www.lakeandpen.comLibrary of Congress, Copyright Office: http://www.copyright.gov/

Copyright Basics: http://www.copyright.gov/circs/circ1.pdfMAC Federal Credit Union: http://www.macfcu.org/Matanuska Valley Federal Credit Union: http://www.mvfcu.coop/Matanuska Susitna Borough: www.matsugov.usMt. McKinley Mutual Savings Bank: http://www.mtmckinleybank.com/Multi State Tax Compact: http://www.mtc.gov/About.aspx?id=76Municipality of Anchorage: www.muni.orgNana Regional Corporation, Inc.: www.nana.comNational Council on Compensation Insurance:https://www.ncci.com/nccimain/pages/default.aspxNational Environmental Policy Act of 1969:http://ceq.hss.doe.gov/Nepa/regs/nepa/nepaeqia.htmNational Oceanic and Atmospheric Administration, National Marine Fisheries Service:http://www.fakr.noaa.gov/

Alaska Federal Fisheries Management, Sustainable Fisheries Division:http://www.fakr.noaa.gov/sustainablefisheries/default.htmAlaska Regional Office: http://www.fakr.noaa.gov/default.htmHabitat Conservation Division: http://www.fakr.noaa.gov/habitat/default.htmProtected Resources Division: http://www.fakr.noaa.gov/protectedresources/default.htmRestricted Access Management: http://www.fakr.noaa.gov/ram/webapps.htm

North American Industry Classification System: http://www.census.gov/cgibin/sssd/naics/naicsrch?chart=2007North Slope Borough: www.north slope.orgNorthrim Bancorp, Inc.: https://www.northrim.comNorthwest Arctic Borough: www.nwabor.orgNorthwest Arctic Borough, Economic Development Commission:http://www.northwestarcticborough.org/Norton Sound Economic Development Corporation: http://www.nsedc.com/Prince William Sound Economic Development Council: http://www.pwsedd.org/Sealaska: www.sealaska.comSESAC, Inc.: http://www.sesac.com/Sitka City and Borough: www.cityofsitka.comSocial Security Act: http://www.ssa.gov/OP_Home/ssact/comp ssa.htmSoutheast Conference: http://www.seconference.org/Southwest Alaska Municipal Conference: http://www.swamc.org/

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State of Alaska, The: www.state.ak.usTanana Chiefs Conference: http://www.tananachiefs.org/

Alaska Minority Business Development Center: http://www.tananachiefs.org/Technology Research and Development Center of Alaska: http://trendalaska.org/The Thirteenth Regional Corporation: www.the13thregion.comTongass Federal Credit Union: http://www.tongassfcu.com/True North Federal Credit Union: https://www.truenorthfcu.org/index.jspU.S. Small Business Administration: http://www.sba.gov/localresources/district/ak/index.htmlUniform Certificate of Authority Application: http://www.naic.org/industry_ucaa.htmUnited States Army Corps if Engineers: http://www.poa.usace.army.mil/hm/default.htmUnited States Department of Agriculture:

Forest Service, Alaska Region: http://www.fs.fed.us/r10/Natural Resources Conservation Service: http://www.ak.nrcs.usda.gov/Rural Development: http://www.rurdev.usda.gov/

United States Department of Commerce:Alaska Export Assistance Center: http://www.alaska.net/~export/Economic Development Administration: http://www.eda.gov/

United States Department of Homeland Security: http://www.dhs.gov/index.shtmUnited States Coast Guard: http://www.uscg.mil/nmc/United States Department of Labor:

Child Labor (Nonagricultural Work): http://www.dol.gov/compliance/guide/childlbr.htmOccupational Safety and Health Administration: http://www.osha.gov/

United States Department of the Interior:Bureau of Indian Affairs: http://www.bia.gov/Bureau of Land Management: http://www.blm.gov/wo/st/en.htmlUnited States Geological Survey, Alaska Science Center: http://alaska.usgs.gov/

United States Environmental Protection Agency: http://www.epa.gov/United States Fish and Wildlife Service: http://alaska.fws.gov/United States Immigration and Nationality Act: http://www.fourmilab.ch/uscode/8usc/United States Patent and Trademark Office: http://www.uspto.gov/

Basic Facts About Trademarks: http://www.uspto.gov/web/offices/tac/doc/basic/General Information Concerning Patents:http://www.uspto.gov/web/offices/pac/doc/general/index.htmlInventors Assistance Center: http://www.uspto.gov/web/offices/pac/dapp/pacmain.html

University of Alaska Anchorage:Institute of Social and Economic Research: http://www.iser.uaa.alaska.edu/Small Business Development Center, BUY ALASKA Program: http://www.buyalaska.com/

University of Alaska Fairbanks:Alaska Cooperative Extension Service: http://www.uaf.edu/ces/offices/fai_diro/Mineral Industry Research Laboratory: http://www.uaf.edu/Mining and Geological Engineering Department: http://www.uaf.edu/

Wells Fargo Bank, N.A.: https://www.wellsfargo.com/World Trade Center Alaska: http://www.wtcak.org/Yakutat City and Borough: http://www.yakutatak.govoffice2.com/YMCA of Anchorage, Women$Finances: http://www.ywcaak.org/finances.htmYukon Delta Fisheries Development Association:http://www.commerce.state.ak.us/bsc/CDQ/cdq_handbook/18_cdq_chapt5_YDFDA.pdf

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SAMPLE DOCUMENTSThis section is intended to provide some sample forms, documents, and applications that youwill be required to complete. For additional forms and samples contact the Department ofCommerce, Community, and Economic Development; Division of Corporations, Business andProfessional Licensing. Other resources may be the Small Business Development Center or locallibrary within your area.

Income Statement

The Income Statement (Profit & Loss) records all income and expenses of the business during thespecified time period, and is the accepted method of determining profits and losses. The IRS requires allbusinesses to submit this report at the end of each year.

Company NameIncome StatementPeriod Ending: (month/day/year)

Sales or Gross Receipts (1) $ ______Less Cost of Goods Sold (2) $ ______Gross Profit $ ______

Less Operating Expenses (3)Rent _______Depreciation _______Repairs & Maintenance _______Salaries & Wages _______Payroll Taxes & Fringe Benefits _______Taxes, Licenses, & Fees _______Insurance _______Accounting, Legal, and Professional Fees _______Bad Debts _______Telephone _______Utilities _______Supplies _______Security _______Auto & Truck _______Advertising & Promotion _______Interest _______Miscellaneous _______

Total Expenses $ ______Net Profit Before Taxes (4) $ ______Federal Income Tax (Corporation only) $ ______Net Profit (Loss) $ ______

(1) Sales or Gross Receipts Represents total amount of money that the business makes from the sale of itsmerchandise, less discounts and refunds.

(2) Cost of Goods Sold Beginning inventory plus purchases minus ending inventory equals COGS.(3) Operating Expenses All business costs other than the costs of merchandise.(4) Net Profit (Loss) Sales less cost of goods sold less operating expenses.

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Balance Sheet

The Balance Sheet is a measure of the solvency of the business, and the degree of the owner’sinvestment, which is the “cushion” that protects creditors. In order to complete the Balance Sheetproperly, Total Assets must equal Total Liabilities plus Net Worth.

Company NameBalance SheetBalance Sheet As Of (month/day/year)

Current Assets:Cash on Hand in Banks $ ______Accounts Receivable ______Notes Receivable, Trade ______Notes Receivable, Other ______Inventory ______Marketable Securities ______Other Current Assets ______

Total Current Assets $ ______

Long Term Assets:Real Estate ______Machinery & Equipment ______Other Assets ______Deferred, Prepaid, Intangible Expenses ______

Total Long Term Assets ______TOTAL ASSETS: $ ______

Current Liabilities:Notes Payable, Banks ______Notes Payable, Other ______Accounts Payable, Current ______Accounts Payable, Past Due ______Accrued Federal, State Income Taxes ______Current Portion of Long Term Debt ______Other Current Liabilities ______

Total Current Liabilities ______

Long Term Liabilities:Mortgage Debt due after 1 year ______Equipment Debt due after 1 year ______Other Long Term Debt ______

Total Long Term Liabilities ______

Net Worth:Capital Accounts (Corporate Only)

Preferred Stock ______Common Stock ______

Capital Surplus ______Retained Earnings ______

Total Net Worth ______TOTAL LIABILITIES & NET WORTH ______

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Produced and Prepared by:

Alaska Division of InvestmentsDepartment of Commerce, Community, and Economic DevelopmentP.O. Box 34159Juneau, Alaska 99803 4159Phone: (907) 465 2510 or (800) 478 5626Fax: (907) 465 2103www.commerce.state.ak.us/investments/index.cfml

Krista Youll, Administrative Assistant II

Establishing a Business

Documents

Transcript of Establishing a Business