Hawaii LLC Formation & Registration Guide Jonathan Patteson, May 30, 2023June 7, 2023 Are you interested in starting a business in Hawaii? This article will guide you through the process of forming and registering an LLC in the state. Table of Contents Toggle Starting a Business in HawaiiConducting a Business Name SearchRegistering Your Business OnlineFiling Hawaii Articles of OrganizationHiring a Registered Agent in HawaiiCreating an LLC Operating AgreementApplying for an EINReserving a Business NameSecuring a Domain NameRegistering for Hawaii TaxesOpening a Business Bank AccountAnnual Reports and Dissolving Your Hawaii LLC Starting a Business in Hawaii Starting a business in Hawaii requires proper registration with the Business Registration Division of the Department of Commerce and Consumer Affairs. One popular business entity type is a Limited Liability Company (LLC), which provides liability protection to its members. To form an LLC in Hawaii, file the Articles of Organization for Limited Liability Company (Form LLC-1) and pay the $50 filing fee. Conduct a business name search through Hawaii.gov to ensure the name is available. ZenBusiness Inc. offers a service to assist with filing and compliance. Paper filings can also be sent through mail. Obtain necessary documents like a tax clearance certificate and good standing certificate to operate in Hawaii. Conducting a Business Name Search Conducting a Business Name Search is an essential step in forming an LLC in Hawaii. Visit Hawaii.gov to search for existing business entity names to ensure yours is unique. To complete the registration process, file the Articles of Organization for Limited Liability Company with the Business Registration division. The filing fees for this form are $50, with an additional $25.00 fee for a good standing certificate. ZenBusiness Inc. is a helpful service for those thinking of forming an LLC. Forms are available online, including the Form LLC-1 PDF. Paper filings are also accepted via mail. Note that compliance with annual reporting requirements is crucial to maintaining good standing. Registering Your Business Online To register your Hawaii LLC, start by visiting the Department of Commerce and Consumer Affairs website and selecting “Business Registration.” Choose your business entity type and name, then fill out the required forms and pay the filing fee(s). The forms can be downloaded as a PDF from the website. Once your documents are submitted, you can track your filing status online. Note that the formation process differs for domestic and foreign LLCs. Make sure to file an annual report and maintain an LLC operating agreement. For questions or assistance, contact the Business Action Centers via email or visit their page. Filing Hawaii Articles of Organization To file Hawaii Articles of Organization for your LLC, you’ll need to follow a few simple steps. First, choose a business entity name that conforms to Hawaii’s naming requirements. Then, complete the Articles of Organization document and submit it to the Hawaii Business Action Center. You’ll need to pay a $50 filing fee, but if you file online, your fee will be reduced to $25.00. Once your LLC is formed, you’ll need to file an annual report and obtain a tax clearance certificate (for domestic LLCs) or a non-profit certificate (for non-profit LLCs). You may also want to create an LLC operating agreement to outline the rules and structure of your business. For more information, visit the Hawaii.gov website or reach out to a formation service like ZenBusiness Inc. Hiring a Registered Agent in Hawaii Hiring a Registered Agent in Hawaii: A registered agent is a person or business entity that is authorized to receive legal and tax documents on behalf of your LLC. In Hawaii, a registered agent is required for all LLCs. You can hire a registered agent service, such as ZenBusiness Inc., for a fee, or you can appoint an individual who is at least 18 years old and has a physical address in Hawaii. The registered agent’s name and address must be listed on your LLC’s formation document filings. Keep in mind that if you appoint an individual as your registered agent, their name and address will become public record. To learn more about the steps to form and register your Hawaii LLC, visit the Hawaii Business Action Centers website or consult with a business filing service. Creating an LLC Operating Agreement An LLC Operating Agreement is a crucial document that outlines the ownership and management of your Hawaii LLC. It establishes the rules and guidelines for running your business and protecting your personal assets. With zenbusiness inc., creating an Operating Agreement is easy. Simply provide some basic information about your company, and we’ll generate a customized document for you. Filing fees for a Domestic Limited Liability Company in Hawaii start at $50. Payment can be made online or by mail. Once your LLC is formed, you can obtain a resale certificate or register as a nonprofit through the hawaii.gov website. Don’t let the process of forming your dream business hold you back – get started today! Applying for an EIN Steps to apply for an EIN Description Step 1 Visit the IRS website at www.irs.gov Step 2 Click on “Apply for an Employer Identification Number (EIN)” Step 3 Select “Apply Online Now” Step 4 Choose the legal structure of your business Step 5 Fill out the application with the required information Step 6 Review and submit your application Step 7 Receive your EIN Reserving a Business Name Reserving a business name is crucial to ensure that no one else takes it before you register your Hawaii LLC. Head to the Hawaii Business Express website and search for your desired business entity name. If it’s available, you can reserve it for 120 days by paying a $10.00 fee. Alternatively, you can file your Domestic Limited Liability Company’s Articles of Organization and reserve the name at the same time by paying a $25.00 fee. Keep in mind that this fee is non-refundable, even if your LLC formation is rejected. Once you reserve your business name, you’ll receive a confirmation email and can proceed with the rest of your document filings. Securing a Domain Name Securing a domain name is an important step in building your Hawaii LLC’s online presence. A domain name is the web address that customers will use to find your business online. Before you start thinking about names, do an overview of existing domain names to ensure that your chosen name is available. Once you have decided on a name, head to a domain registration page to purchase it. You can do this for as little as $0 through some providers like Zenbusiness Inc. or $25.00 fee through others. Payment can be made through various options such as PayPal or credit card. Don’t forget to obtain a resale certificate if you plan to sell goods. Nonprofits can also register domains through Hawaii Gov. Registering for Hawaii Taxes Opening a Business Bank Account Opening a Business Bank Account Step 1 Choose the bank where you want to open your business bank account. Step 2 Gather the required documents such as your business registration certificate, EIN, and identification documents of authorized signers. Step 3 Make an appointment with a bank representative. Step 4 Complete the bank’s application form and provide the required documents. Step 5 Deposit the minimum required amount to open the account. Step 6 Wait for the bank to process your application and provide you with your account details. Annual Reports and Dissolving Your Hawaii LLC Annual reports are required for all Hawaii LLCs and are due every year by the end of the quarter in which your LLC was formed. Failure to submit your annual report on time may result in a $25.00 fee. If you’re looking to dissolve your Hawaii LLC, you must file Articles of Dissolution with the state. This process officially ends your LLC’s existence in Hawaii. The Hawaii guide provided by the state’s government website is a helpful resource for navigating the LLC formation and registration process. ZenBusiness Inc. and Hi LLC are both excellent options for those looking to form their dream business in Hawaii. Home to Honolulu, Hawaii is a beautiful location for starting a business or nonprofit. Jonathan PattesonWas this article helpful?YesNo LLC Formation Requirements