If you currently have multiple business licenses which:

• have the same business name
• and only one (different) line of business activity on each license
• AND the same owner(s)
• THEN, after 10/29/2014, you may choose to reduce all your same name business license numbers down to one (1) business license name and number.

1. Choose the one business license number you want to maintain, keep it renewed and allow all the other business licenses numbers (with the same business name and business owner) to reach their expiration date without renewal. (Note: you will be sent renewal notices prior to a business license’s expiration date. For the business licenses you do not want to renew do not respond to the renewal notices.)

• IMPORTANT regarding advertising and operating: Per 12 AAC 12.020(g) in advertising and operating you must (mandatory) use the exact business name that appears on the business license. Thus, if you choose to reduce your existing multiple business licenses down to one business license then you must advertise and operate only under the one business name you choose to maintain and keep active.
• IMPORTANT regarding Endorsements: if there are any endorsements on any of the expiring business licenses the endorsements will expire at the same time. To add new endorsement(s) onto the one business license, which you will be maintaining and keeping active, you must submit a new Endorsement application (Form 08-4730) and pay the appropriate fee(s). New endorsements must apply by hardcopy.

2. The business owner must contact this office in writing (paper, fax or email at businesslicense@alaska.gov) to update the primary and/or secondary line of business on the one business license number you choose to maintain and keep active. For more information regarding how to change the NAICS code(s) please go to Changes to Business Licenses FAQs.

• IMPORTANT regarding lines of business with professional licensure requirements: IF any business activity requires a professional license (based on the NAICS Code) then these activities must be listed as the primary and secondary lines of business. The current professional license number associated with each NAICS Code must be provided.
• IMPORTANT potential business impact: You are strongly encouraged to research and consider any business impact before reducing all your business activities from multiple business license numbers down to one business license number. (For example: your professional license, if applicable, with this division; banking; insurance; and your business registration with other agencies such as local government, municipalities, Federal government, IRS, etc.) If you require assistance, you are advised to seek the services of an attorney or other qualified professionals (i.e. CPA).

For additional information go to Business Licensing Statutes and Regulations.

If you currently have multiple business licenses which:

• have the same business name
• and only one (different) line of business activity on each license
• AND the same owner(s)
• THEN, after 10/29/2014, you may choose to reduce all your same name business license numbers down to one (1) business license name and number.

1. Select which one of your business license numbers, with the same business name and same business owner, you choose to maintain and keep active by renewal.

• IMPORTANT regarding advertising and operating: Per 12 AAC 12.020(g) in advertising and operating you must (mandatory) use the exact business name that appears on the business license. Thus, if you choose to reduce your existing multiple business licenses down to one business license then you must advertise and operate only under the one business name you choose to maintain and keep active.

2. Submit Reduce Multiple Business License (form #08-4642) to update the primary and/or secondary line of business on the one business license number you choose to maintain and keep active by renewal.

• IMPORTANT regarding lines of business with professional licensure requirements: IF any business activity requires a professional license (based on the NAICS Code) then these activities must be listed as the primary and secondary lines of business. The current professional license number associated with each NAICS Code must be provided.

3. On Reduce Multiple Business License (Form #08-4642) cancel your other business license numbers with the same business name which you are choosing to not maintain and keep active. (Note: Business licenses, once issued, are not refundable [per 12 AAC 02.010(e)] nor pro-rated; thus there is no refund on a cancelled business license.)

• IMPORTANT regarding Endorsements: if there are any endorsements on any of the canceled business licenses, the endorsements will be canceled at the same time. To add new endorsement(s) onto the one business license, which you will be maintaining and keeping active, you must submit a new Endorsement application (Form 08-4730) and pay the appropriate fee(s). New endorsements must apply by hardcopy.
• IMPORTANT potential business impact: You are strongly encouraged to research and consider any business impact before reducing all your business activities from multiple business license numbers down to one business license number. (For example: your professional license, if applicable, with this division; banking; insurance; and your business registration with other agencies such as local government, municipalities, Federal government, IRS, etc.) If you require assistance, you are advised to seek the services of an attorney or other qualified professionals (i.e. CPA).

For additional information go to Business Licensing Statutes and Regulations.

If you currently have multiple business licenses which:

• have different business names
• and only one (different) line of business activity on each license
• AND the same owner(s)
• THEN, after 10/29/2014, you may choose to reduce all your different name business license numbers down to one business license name and number.

1. Choose the one business license number you want to maintain, keep it renewed and allow all the other business licenses numbers with different business names, to reach their expiration date without renewal. (Note: you will be sent renewal notices prior to a business license’s expiration date. For the business licenses you do not want to renew do not respond to the renewal notices.)

• IMPORTANT regarding advertising and operating: Per 12 AAC 12.020(g) in advertising and operating you must (mandatory) use the exact business name that appears on the business license. Thus, if you choose to reduce your existing multiple business licenses down to one business license then you must advertise and operate only under the one business name you choose to maintain and keep active.
• IMPORTANT regarding Endorsements: if there are any endorsements on any of the expiring business licenses, the endorsements will expire at the same time. To add new endorsement(s) onto the one business license, which you will be maintaining and keeping active, you must submit a new Endorsement application (form 08-4730) and pay the appropriate fee(s). New endorsements must apply by hardcopy.

2. The business owner must contact this office in writing (paper, fax or email at businesslicense@alaska.gov) to update the primary and/or secondary line of business on the one business license number you choose to maintain and keep active. For more information regarding how to change the NAICS code(s) please go to Changes to Business Licenses FAQs.

• IMPORTANT regarding lines of business with professional licensure requirements: IF any business activity requires a professional license (based on the NAICS Code) then these activities must be listed as the primary and/or secondary lines of business. The current professional license number associated with each NAICS Code must be provided.
• IMPORTANT potential business impact: You are strongly encouraged to research and consider any business impact before reducing all your business activities from multiple business license numbers down to one business license number. (For example: your professional license, if applicable, with this division; banking; insurance; and your business registration with other agencies such as local government, municipalities, Federal government, IRS, etc.) If you require assistance, you are advised to seek the services of an attorney or other qualified professionals (i.e. CPA).

For additional information go to Business Licensing Statutes and Regulations.

If you currently have multiple business licenses which:

• have different business names
• and only one (different) line of business activity on each license
• AND the same owner(s)
• THEN, after 10/29/2014, you may choose to reduce all your different name business license numbers down to one (1) business license name and number.

1. Select which one of your business license numbers, with different business names and same business owner, you choose to maintain and keep active by renewal.

• IMPORTANT regarding advertising and operating: Per 12 AAC 12.020(g) in advertising and operating you must (mandatory) use the exact business name that appears on the business license. Thus, if you choose to reduce your existing multiple business licenses down to one business license then you must advertise and operate only under the one business name you choose to maintain and keep active.

2. Select the one business license name and number you choose to continue advertising and operating under and provide this information to this office on Reduce Multiple Business License (form #08-4642).

• IMPORTANT regarding lines of business with professional licensure requirements: IF any business activity requires a professional license (based on the NAICS Code) then these activities must be listed as the primary and/or secondary lines of business. The current professional license number associated with each NAICS Code must be provided.

3. On Reduce Multiple Business License (form #08-4642) cancel your other business license numbers with the different business names which you are choosing to not maintain and keep active. (Note: Business licenses, once issued, are not refundable [per 12 AAC 02.010(e)] nor pro-rated; thus there is no refund on a cancelled business license.)
Note: If the business license is owned by an entity then provide the name, title and signature of the entity’s authorized official on record with the Corporation Section.

• IMPORTANT regarding Endorsements: if there are any endorsements on any of the canceled business licenses, the endorsements will be canceled at the same time. To add endorsement(s) onto the one business license which you will be maintaining and keeping active, you must submit a new Endorsement application (Form 08-4730) and pay the appropriate fee(s). New endorsements must apply by hardcopy.

4. On Reduce Multiple Business License (form #08-4642) update the primary and/or secondary line of business on the one business license name and number you choose to maintain.

Note: If business license is owned by an entity then provide the name, title and signature of the entity’s authorized official on record with this division.

• IMPORTANT regarding lines of business with professional licensure requirements: IF any business activity requires a professional license (based on the NAICS Code) then these activities must be listed as the primary and/or secondary lines of business. The current professional license number associated with each NAICS Code must be provided.
• IMPORTANT potential business impact: You are strongly encouraged to research and consider any business before reducing all your business activities from multiple business license numbers down to one business license number. (For example: your professional license, if applicable, with this division; banking;insurance; and your business registration with other agencies such as local government, municipalities, Federal government, IRS, etc.) If you require assistance, you are advised to seek the services of an attorney or other qualified professionals (i.e. CPA).

For additional information go to Business Licensing Statutes and Regulations.