FairbanksChugach buys two contractors
Chugach Alaska Corporation bought two Fairbanks mechanical contractors, HVAC LLC and Alaska Integrated Services, in October 2024.
Alaska Business Magazine, 2024
Sell a business in Alaska
When you sell a business in Alaska, the state takes nothing from the gain: Alaska has no individual income tax, as of 2025. Residency there turns on your intent to stay and your ties to the state, not on days counted.
ComplexityVery lowTax on the gainNone 2025Deal volumeVery low
Alaska is among the eight states with the fewest employer businesses. The state takes none of the gain. Little else gets in the way of the sale.
Tax on the gain: No state income tax.
Today
Where you stand
The market in Alaska
About 78,000 small firms employ over half of the workforce, and Alaska Native corporations are steady buyers of local operating companies.
Small business footprint
77,814
small businesses
139,534
employees
54.2%
of workforce
SBA Office of Advocacy, 2025
Alaska had 77,814 small businesses, 99.1 percent of firms, employing 139,534 people or 54.2 percent of the workforce.
Establishments, March to March
2,065
opened
2,096
closed
4,814
net new jobs
SBA Office of Advocacy, 2024
Between March 2023 and March 2024 small firms opened 2,065 establishments and closed 2,096, yet added a net 4,814 jobs.
The elements this touches
- TmTime The years before you want out. It feeds the exit-readiness score and never moves the price; every other decision is planned against it.
ListenThe Alaska briefing, read aloud
The deal team on what changes when you sell a business in Alaska.
Before the letter of intent
What Alaska takes
How is the gain taxed when you sell a business in Alaska?
No personal income tax means no state tax on the gain from selling a business.
State tax on the gain
0%
No state income tax.
Tax Foundation, 2025
A founder on film
On what he learned about tax on the way to the sale.
Lewis Titus Wastewater purification and manufacturing · Wyoming
No state tax on gains
Alaska has no individual income tax, so a resident owes no state tax on the gain from selling a business.
The rate is the state's top rate on the gain for the year shown, the same figure as the indicator in the hero, so the two can never disagree.
The elements this touches
- TxTax Strategy The deal and entity structure, set before the letter of intent. FNDRS tracks whether it is in place. It never moves the price; it changes what you keep.
- ApAfter-Tax Proceeds What you keep at close. FNDRS records the pre-tax walk-away and the gap to your number. It never moves the price, and the tax on it is a question for your CPA.
Under contract and at closing
The rules of the sale
What are the rules for selling a business in Alaska?
Selling an Alaska business through a broker means working with a licensed real estate broker.
01Brokers need a license
Alaska is one of 17 states that require a business broker to hold a real estate license.
E. Howard Law
The elements this touches
- LcLegal & Compliance Contracts, licenses, and filings in order and enforceable. The FNDRS valuation reads it, and the score moves the multiple.
- DrData Room The documents a buyer will ask for, ready before they ask. FNDRS tracks it in the deal-readiness report card; it decides how fast and how cleanly a deal closes.
One thing you would not guess
The state does not tax your gain; it pays you. Every eligible resident receives a Permanent Fund Dividend each year.
Alaska pays residents an annual Permanent Fund Dividend; eligibility needs a full calendar year of residency and intent to stay indefinitely.
When the process opens
Who buys
Who shows up for a business in Alaska
Alaska Native corporations buy local contractors, IT firms, and lenders outright.
StatewideNative corporations buy in
Bristol Bay Native Corporation took majority ownership of lender Alaska Growth Capital in January 2025; CIRI bought IT firm OSC Edge in December 2024.
Alaska Business Magazine, 2025
The elements this touches
- SyStrategic Synergy What one buyer gains that another cannot. The buyer at the table prices it, which is why the sell-side process goes looking for them.
Day 0, and the years after
After the close
What Alaska lets the proceeds do
Alaska judges residency by intent to stay and ties to the state, not by days counted.
Residency turns on intent
Residency turns on intent to remain indefinitely and customary ties to Alaska; presence alone is not enough, and ties kept in another state count against you.
WealthWhere FNDRS comes in
Post-exit planning is the third act of the same engagement, done with outside experts, and it starts before the letter of intent, when a move or a trust can still change the answer.
FNDRSThe elements this touches
- EsEstate Architecture Trusts and ownership set up before the letter of intent. It changes what the family keeps, not what a buyer pays.
- ApAfter-Tax Proceeds What you keep at close. FNDRS records the pre-tax walk-away and the gap to your number. It never moves the price, and the tax on it is a question for your CPA.
People who walked it
Founders
Founders who worked with FNDRS, in their own words
From founders elsewhere
What founders say about working with FNDRS
No founder in Alaska is quoted yet. These are founders in other states, quoted word for word, each described by role and state.
1 of 3
“I definitely don't think we'd be in the same spot without you guys.”
No founder in Alaska is on film yet. These are founders in other states who worked with FNDRS.46 founders on film
Nearby
Other states in the West
| West | Tax on the gain | Complexity | Deal volume |
|---|---|---|---|
| Arizona | 2.5% 2025 | Medium | High |
| California | 13.3% 2025 | Medium | Very high |
| Colorado | 4.4% 2025 | Low | Medium |
| Hawaii | 7.25% 2025 | Medium | Low |
| Idaho | 5.3% 2025 | Medium | Low |
| Montana | 4.1% 2025 | Low | Very low |
| Nevada | None 2025 | Medium | Low |
| New Mexico | 5.9% 2025 | Medium | Low |
| Oregon | 9.9% 2025 | High | Medium |
| Utah | 4.5% 2025 | Medium | Medium |
| Washington | 9.9% 2025 | High | High |
| Wyoming | None 2025 | Low | Very low |
Your next step
The road starts with one step
Know where you stand in fifteen minutes, or talk the Alaska sale through with a dealmaker. Either way, no pitch and no obligation.
Selling in Alaska? Start with a conversation
No pitch and no obligation. If the honest answer is not yet, we will say so, and say what to work on.