Frequent question: Do I have to register my business in Hawaii?

How much is business registration in Hawaii?

Start a Corporation in Hawaii

To file the Articles of Incorporation for a corporation in Hawaii, you must file your formation documents with the Hawaii Department of Commerce and Consumer Affairs online, by mail, by fax, by email, or in person, along with the $50 filing fee and $1 Archive Fee.

What qualifies as doing business in Hawaii?

Owning, without more, real or personal property; Conducting an isolated transaction that is completed within thirty days and that is not one in the course of repeated transactions of a like nature; and. Transacting business in interstate commerce.

Do I have to register a sole proprietorship in Hawaii?

All Hawaiian businesses – even sole proprietorships – must register to pay a General Excise Tax (GET) on their gross business income. You may also need to pay other types of tax depending on the nature of your business, such as the transient accommodation tax on short-term rentals.

Do I need to register my business as an LLC?

You don’t need an LLC to start a business, but, for many businesses the benefits of an LLC far outweigh the cost and hassle of setting one up. … You can also get those things by forming a corporation or other type of business entity. It’s also perfectly legal to open a business without setting up any formal structure.

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How much does a small business license cost Hawaii?

How can I apply for a GET license? The State of Hawaii Basic Business Application, BB-1 Packet, must be completed and submitted with the one-time $20 license fee. It is recommended that the application be mailed in; however, it can also be applied for in person at any of the district offices.

Who needs a business license in Hawaii?

Unlike some other states, Hawaii doesn’t have a required general business license for all businesses. However, some businesses may be required to obtain permits from state agencies. For example, a business may need a permit related to the environment or health and safety issued by the Department of Health.

Can foreigners open a business in Hawaii?

Transacting Business in Hawaii

According to Hawaii’s LLC Act, you are required to register your foreign company with the state of Hawaii if you are “transacting business” in Hawaii. … However, state laws governing when foreign companies must collect state sales tax in their state provide some guidance on the issue.

How do I register a foreign entity in Hawaii?

To register a Foreign Profit Corporation in Hawaii, you must file an Application for Certificate of Authority for Foreign Corporation (Form FC-1), along with the appropriate filing fee(s) with the Department of Commerce and Consumer Affairs (DCCA), Business Registration Division.

What is a foreign profit corporation?

A Foreign Profit Corporation is a more complex business structure. As a chartered legal entity, a corporation has certain rights, privileges, and liabilities beyond those of an individual. … A Foreign Profit Corporation is organized and chartered under the laws of another state, government, or country.

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Which is better LLC or sole proprietorship?

Most LLC owners stick with pass-through taxation, which is how sole proprietors are taxed. However, you can elect corporate tax status for your LLC if doing so will save you more money. … However, due to the combination of liability protection and tax flexibility, an LLC is often a great fit for a small business owner.

How do I register my business in the state of Hawaii?

If you aren’t sure who to call, start with the Business Registration Division and they can direct you.

  1. Business Registrations (808) 586-2727 or email: breg@dcca.hawaii.gov.
  2. Business Action Center (808) 586-2544 or email: bac@dcca.hawaii.gov.

How much does an EIN cost in Hawaii?

10 How do I apply for an EIN? To apply for an EIN, complete federal Form SS-4 or apply online at irs.gov. There is no fee to apply.