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Alaska- For Your Corporation Amid the Grizzly Bears
The population keeps increasing, despite the hardships of the remoteness and the harsh climate. They must be doing something right in Alaska. Summer or more broadly, the period from the middle of May to the end of September, is the tourist season in Alaska. Nearly one million passengers a year make the trip to the “Inside Passage” cruise to Alaska. This is an established route that starts in the panhandle of Alaska, at its Southeastern tip and then proceeds north amid the islands and fishing ports of Southeast Alaska. Ports of call for cruise lines include Ketchikan, Juneau, Skagway and Seward. Many small businesses are established around giving tourists the tours they need of both historical points around these towns and natural beauty and wildlife in these areas.
They could be the business for your Alaska Incorporation.
Alaska is now the number one producer of oil in the 50 states, and much other mining activity goes on in the state. In fact, the origin of significant civilized life in Alaska was the gold rushes of the 1890s in Alaska, and the nearby Canadian regions of the Klondike in the Yukon. Different types of small construction companies are always needed. Every time a new oil field is open or a new mine is discovered, infrastructure must be built in order for the site to be developed and for the oil, gas or other raw material to be excavated and shipped out where it can be further used and processed. There is a need for skilled workers in fields such as oil and gas drilling and also drilling water wells and other types of drilling. Even if a huge multi-national company is running an oil or gas exploration site, it is rare that they will be able or want to do the job all through in-house resources. If you are able to form a small oil or gas drilling company, do by all means get incorporated in the State of Alaska. These types of outdoor activities, in a climate that can go through extreme throughout the year, means that people owning companies want to have adequate worker insurance, workman’s compensation and of course limited liability. The same holds through in all outdoor construction and activities fields, from flying planes and navigating boats to sailing, fishing, building, digging, mining, you name it, this can encompass some quite dangerous activity.
Another growing field to work in and to form corporation in, is the hazardous waste field. Many sites that were once productive mines and factories are then shut down, and often are planned to be converted to more placid uses. However, they cannot be converted to other uses until toxic wastes from mines and factories are cleaned up. These can also be small jobs involving the cleaning of asbestos from buildings, and other chemicals or even radioactive nuclear elements. Other toxins such as lead paint can be found on older buildings, including apartment buildings that need to be made safe for people, especially vulnerable children.
In general, Alaska corporation taxes and expenses are quite low. A state tax on gas and oil production funds most of the state budget. A bi-annual report needs to be filed which costs $100, otherwise, the expenses to start a corporation are quite straight forward.
