Palmer, AK Business License Basics
If you own a business in Palmer, AK you'll need a license to operate. There are various types of Palmer business licenses and permits that are required by various government entities at federal, state and local levels. An operating license is the basic type of business license that most all businesses will be expected to have.
Each level of government has specific regulations and requirements that has to be met before a business can get a license. If you don’t understand the licensing rules in Alaska and follow them it could result in expensive fines and putting your business in jeopardy.
Types of Business Licenses in Palmer, AK
Federal Business Licenses – The federal government has a number of agencies that regulate and supervise business activities. If your business takes part in one of these federally regulated activities you will need to get a federal business license.
Activities that'll be required to get a federal business license include:
- Alcohol manufacturing, importing and sales
- Firearm dealing, importing and manufacturing
- Ammunition and Explosives dealing, importing and manufacturing
- Wildlife related activity
- Commercial fishing
- TV and radio broadcasting
State Business Licenses – Many Palmer businesses will need to obtain some type of state business license so as to legally operate. At the very least a business should get a professional or occupational license. Alaska business licenses are typically used for tax purposes.
Local Business Licenses – Local Palmer governments and municipalities also grant business licenses. All businesses will be required to get some kind of local business license to be able to operate in Palmer.
Permits – Permits are more specific to a certain type of business within an industry. Permits have a wide variety of purposes from parking to product sales.
How to Get Palmer Business License
The steps you will have to take to obtain a business license in Palmer will vary depending on which kind of business license you have to get. No matter what type of license you are trying to get you will need to fill out application form(s) and supply detailed information about your business.
If you are starting a business or expanding your business you will have numerous forms to fill out. Be ready to supply your Employer Identification Number (EIN).
The SBA (Small Business Administration) has great online tools for helping business owners decide exactly what type of Palmer business licenses they need to get, links to websites, applications and instructions. If you’re just starting a business and need help with licensing, the SBA is the perfect place to get more info.
Maintaining Your Palmer Business Licenses
Once you get your Palmer business licenses and permits you must still maintain them yearly to keep them up to date. The guidelines below are recommended if you wish to ensure your business license is in good standing.
- Make copies of your business licenses and permits.
- Track when licenses and permits have to be renewed.
- Follow the regulations for displaying your business license.
- If you would like to change or expand your business make sure to verify whether you need additional permits or business licenses.