Big Lake, Alaska and The Susitna Valley News, Weather, Events, And More

Welcome to The Big Lake Times
Monday, February 19 2018 @ 12:52 AM AKST

NEW LICENSE LAW EASES PAPERWORK, COST TO ALASKA BUSINESSES

Alaska Business(Juneau, AK)—Several provisions reducing the cost and paperwork of business licensing took effect on Wednesday. Under HB32, a new law signed this summer by Governor Sean Parnell, Alaskans may now consolidate multiple businesses under one license and make minor changes to licenses after issue.

Consolidating licenses saves business owners the expense and time of applying for several business licenses when certain conditions are met. Under the new law, for instance, a construction contractor who operates a snowplow business in the winter under the same name can combine those two licenses into one.


The ability to change a business address or make minor changes to a license within 30 days of issue offers added convenience. Previously, an applicant was required to purchase an entirely new license to correct simple errors made when filing.

Disabled veterans can now also pay half the fee for business licenses for sole proprietorships. One-year business licenses are now only $25 and two-year licenses are $50 for service-connected disabled veterans.

“Streamlining business requirements in Alaska only strengthens our economy,” said Sara Chambers, director of the Division of Corporations, Business and Professional Licensing. “Protection of Alaskan consumers doesn’t have to equal burdensome and costly bureaucracy.”

The number of business licenses in Alaska has increased for the fifth consecutive year, up 15% since 2009. 68,503 businesses were registered in the state in fiscal year 2014, which ended June 30. Additional information is available at http://businesslicense.alaska.gov.

Story Options

NEW LICENSE LAW EASES PAPERWORK, COST TO ALASKA BUSINESSES | 0 comments | Create New Account
The following comments are owned by whomever posted them. This site is not responsible for what they say.