A limited liability company is a hybrid-type of legal structure that provides the limited liability features of a corporation and the tax efficiencies and operational flexibility of a partnership.
The “owners” of an LLC are referred to as “members.” Depending on the state, the members can consist of a single individual (one
The legal name of a business is the name of the person or entity that owns a business. If you are the sole owner of your business, its legal name is your full name. If your business is a partnership, the legal name is the name given in your partnership agreement or the last
The resources on this page explain the basic steps most business owners will need to take when starting or expanding a business in Alaska. If you are already a business owner, and want to find out about your legal requirements, visit our Operating a Business page.
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