Hawaii is a state of the USA located in the Pacific Ocean. It is the only U.S. state located outside North America, the only island state, and the only state in the tropics. The state encompasses nearly the entire Hawaiian archipelago with 137 islands.
The state is named after the largest island – Hawaii Island. The state of Hawaii has a total area of 10,931 square miles (28,311 km2).
According to The Bureau of Economic Analysis, the GSP of Hawaii estimates for 2019 was $83.51 billion. Hawaii’s per capita personal income in 2019 was $58.981. Tourism makes up over 20% of Hawaii’’s economy, with a constant flow of tourists every year. Other large sectors in Hawaii’s economy are education, health and social services, entertainment, retail trade, finance and insurance, etc.
Limited Liability Company (LLC) | Corporation (C- Corp and S-Corp) | |
---|---|---|
Corporate Tax Rate | Hawaii collects a state corporate income tax at a maximum marginal tax rate of 6.4%, spread across three tax brackets. | |
Company Name | A corporate name must contain the words “limited liability company”, “L.L.C”, or “LLC”. The corporate name may not contain a word or phrase that indicates or implies that the corporation is organized for a purpose other than the purpose contained in its articles of incorporation. A corporate name must be distinguishable upon the record. | A corporate name must contain the words like “Corporation”, “Incorporated”, “Company”, or “Limited”; or abbreviations of these words like Corp., Inc., Co., or Ltd. A corporate name must be distinguishable upon the record. |
Board of Directors | A corporation must have at least one shareholder and one director. The shareholder(s)/director(s) can be of any nationality. | A corporation must have at least three directors, unless there are less than three shareholders. In that case, the number of directors may be equal to or greater than the number of shareholders |
Other requirement | Annual Report: The LLC must file an Annual Report in Hawaii. Due time is based on the approval quarter. Registered Agent: The corporation must have a physical address in Hawaii to receive legal and tax documents for the business. Employer Identification Number (EIN): An EIN Number stands for Employer Identification Number and it will be issued by the IRS to your Hawaii LLC. It helps the IRS identify your business for tax and filing purposes. | Annual Report: The LLC must file an Annual Report in Hawaii. Due time is based on the approval quarter. Stock: The information about authorized shares and the number of shares or par value will be listed in the Certificate of Incorporation. Registered Agent: A registered agent must be an individual or entity authorized to transact business in this State and must be physically present in the State. Employer Identification Number (EIN): Having an EIN for your Hawaii corporation allows you to open a separate bank account under the LLC’s name, apply for certain licenses and permits, and handle employee payroll (if applicable). |
Choose your payment method (We accept payment by Credit/Debit Card, PayPal, or Wire Transfer).
You will receive soft copies of necessary documents including Certificate of Incorporation, Business Registration, Memorandum and Articles of Association, etc. Then, your new company in Hawaii is ready to do business. You can bring the documents in the company kit to open a corporate bank account or we can help you with our long experience of Banking support services.
Limited Liability Company (LLC) | From US$ 599 | |
Corporation (C- Corp and S-Corp) | From US$ 599 |
General Information | |
---|---|
Type of Business Entity | Limited Liability Company (LLC) |
Corporate Income Tax | Yes (6.4%) |
British Based Legal System | No |
Double Tax Treaty Access | No |
Incorporation Time Frame (Approx., days) | 2 – 3 working days |
Corporate Requirements | |
---|---|
Minimum Number of Shareholders | 1 |
Minimum Number of Directors | 1 |
Corporate Directors Permitted | Yes |
Standard Authorized Capital/Shares | N/A |
Local Requirements | |
---|---|
Registered Office/ Registered Agent | Yes |
Company Secretary | Yes |
Local Meetings | No |
Local Directors / Shareholders | No |
Publicly Accessible Records | Yes |
Annual Requirements | |
---|---|
Annual Return | Yes |
Audited Accounts | Yes |
Incorporation Fees | |
---|---|
Our Service Fee (1st year) | US$ 599 |
Government fee & Service charged | US$ 300 |
Annual Renewal Fees | |
---|---|
Our Service Fee (year 2+) | US$ 499 |
Government fee & Service charged | US$ 300 |
General Information | |
---|---|
Type of Business Entity | Corporation (C-Corp or S-Corp) |
Corporate Income Tax | Yes (6.4%) |
British Based Legal System | No |
Double Tax Treaty Access | No |
Incorporation Time Frame (Approx., days) | 2 – 3 working days |
Corporate Requirements | |
---|---|
Minimum Number of Shareholders | 1 |
Minimum Number of Directors | 1 |
Corporate Directors Permitted | Yes |
Standard Authorized Capital/Shares | N/A |
Local Requirements | |
---|---|
Registered Office/ Registered Agent | Yes |
Company Secretary | Yes |
Local Meetings | No |
Local Directors / Shareholders | No |
Publicly Accessible Records | Yes |
Annual Requirements | |
---|---|
Annual Return | Yes |
Audited Accounts | Yes |
Incorporation Fees | |
---|---|
Our Service Fee (1st year) | US$ 599 |
Government fee & Service charged | US$ 250 |
Annual Renewal Fees | |
---|---|
Our Service Fee (year 2+) | US$ 499 |
Government fee & Service charged | US$ 250 |
Services and Documents Provided | Status |
---|---|
Agent Fee | |
Name Check | |
Preparation of Articles | |
Same-day Electronic Filing | |
Certificate of Formation | |
Digital Copy of Documents | |
Digital Corporate Seal | |
Lifetime Customer Support | |
One Complete Year (12 Full Months) of Hawaii Registered Agent Service |
Services and Documents Provided | Status |
---|---|
Submission of all documents to the Financial Services Commission (FSC) and attending to any clarifications on the structure and applications required. | |
Submission of application to the Registrar of Companies |
To incorporate a Hawaii company, the client is required to pay the Government Fee, US$ 300, including
Services and Documents Provided | Status |
---|---|
Agent Fee | |
Name Check | |
Preparation of Articles | |
Same-day Electronic Filing | |
Certificate of Formation | |
Digital Copy of Documents | |
Digital Corporate Seal | |
Lifetime Customer Support | |
One Complete Year (12 Full Months) of Hawaii Registered Agent Service |
Services and Documents Provided | Status |
---|---|
Submission of all documents to the Financial Services Commission (FSC) and attending to any clarifications on the structure and applications required. | |
Submission of application to the Registrar of Companies |
To incorporate a Hawaii company, the client is required to pay the Government Fee, US$ 250, including
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