Starting a
Business

Alaska provides a wide range of incentives and financing options designed to support entrepreneurs at every stage, including state-backed loan programs and community development financial institutions. The links below connect you to capital programs that can help fund startup costs, expansion, equipment purchases, and working capital needs.

• State of Alaska Loan Programs (Division of Investments)
• Alaska Industrial Development and Export Authority Loan Participation Program
• Spruce Root Loan Program (CDFI Lender)
• Alaska Commercial Fishing and Agriculture Bank
• Loans in Southeast Alaska (Juneau Economic Development Council)
• U.S. Small Business Administration Funding Programs
• USDA Loan Guarantees for Socially Disadvantaged Farmers and Ranchers

Additional incentives available include:

• Agricultural Revolving Loan Fund (ARLF)
• Commercial Fishing Loan
• Loan Guarantee Program-UAA-Small Business Development Center
• Child Care Grant Program
• Commercial Fishing Loan Program
• Power Project Fund (PPF) Loan Program
• Loan Participation Program
• Rural Development Initiative Fund Loan Program
• Bulk Fuel Revolving Loan Fund
• Fisheries Enhancement Loan Program

Most businesses in Alaska can complete licensing and registration requirements efficiently through state systems, with additional permits tailored to specific activities and industries. This section highlights key licensing resources to help ensure your business is properly authorized and compliant from day one.

• Corporations licensing
• Business licensing
• Professional licensing
• Alaska license search
• Commercial fishing
  licenses and permits
• Mining, Land, and Water
  operating permits
• Food establishment
  permits and resources
• Hunting guide
  requirements
• Big Game Commercial Services
  professional licensing
• Alaska State Parks
  Non-Competitive Park Use Permits for Commercial Activities
• 6-Pack License
  (US Coast Guard) or Operator of Uninspected Passenger Vessel (OUPV) for charter fishing, whale watching, SCUBA diving, and tour cruises carrying six passengers or less
• State of Alaska - Plan Review Bureau:
  Building Occupancy Certification

Alaska's tax structure is uniquely favorable to businesses. The resources below provide guidance on business tax setup, filing requirements, payroll taxes, and available credits or deductions so you can stay compliant and plan effectively.

• Tax information on starting a business
  (Internal Revenue Service)
• Definitions: Corporation, S Corporation, LLC, Sole Proprietor, Partnership
  (Internal Revenue Service)
• Employer Identification Number (EIN)
  What is it, and how to get one
• IRS credits and deductions for your business
• Filing and paying business taxes
  (Internal Revenue Service)
• Employment Security Tax
• Alaska Department of Revenue - Tax Division Programs
• State sales taxes in Alaska by city, municipality, or borough
• Find out everything about payroll taxes
• IRS requirements if you close your business
• IRS requirements if you file bankruptcy
• Alaska Business Development Center Volunteer Tax and Loan Program
• Taxpayer Advocate for help with an IRS problem
  (Internal Revenue Service)
• Take a classroom course on business tax returns or payroll taxes

As the gateway to the Arctic and a strategic hub for global commerce, Alaska offers unmatched potential for U.S. and international investment. With world-class natural resources, expanding infrastructure, and a dynamic business environment, the Last Frontier is emerging as a leading destination for industries looking to expand, innovate, and thrive.

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