FAQs

For NEW businesses:  The standard fee for a new City business license is $50*, unless the business entity does not have an established premises in the Fairbanks North Star Borough and provides one-time or intermittent contractual products or services within the City limits.  In such cases, the business license fee shall be calculated based upon the estimated gross receipts of the products/services provided under each contract. 

For business license RENEWALS:  City business license renewal fees are based upon the gross receipt earnings of the business within the City limits from the prior year, regardless of the number of physical locations within the City limits.   Business license renewals received by the City Clerk's Office on or after March 1 are subject to a $50 penalty. 

*Note: Starting April 1, 2024, the City of Fairbanks will charge a 2.9% convenience fee on credit and debit card transactions not related to garbage collection. 

All City business licenses expire on the last day of January following the licensing year.  Renewals are not accepted until January 1 of the new year and are due by the last business day of February. 

No.  City business licenses cannot be transferred between owners.  If your business has changed ownership, you will need to have the existing license inactivated and apply for a new license under the new owner.  Contact the City Clerk's Office at 907-459-6702 for more information.