Each state has different requirements for forming a corporation. Whether you are starting a business or incorporating a business already in existence, you’ll want to understand state requirements for Hawaii incorporation.
Cost to incorporate in Hawaii
At BizFilings, we clearly outline our fees and the state fees to form a Hawaii corporation. View our pricing to incorporate as a
to plainly see:
BizFilings’ package prices.
BizFilings offers three incorporation service packages from which you can choose.
State fee for standard turn-around.
Our pricing clearly shows the state fee to incorporate in Hawaii with standard turn-around.
You will see the BizFilings and state fee, if any, for expedited turn-around.
Hawaii has a 48-hour filing option, which is outlined in our pricing.
Our pricing also clearly displays the BizFilings and state fee, if any, for issuing a Certified Copy of the Articles of Incorporation.
The name must contain the word "Corporation," "Incorporated," "Limited" or an abbreviation thereof. It must not be the same as or substantially identical to the name of any other corporation, partnership, foreign corporation or foreign partnership existing or authorized to transact business within the state. Purely geographical locations and the word "Partners" cannot be used in corporate names. The word "Bank" and variations require approval from the Commissioner of Financial Institutions.
The following are Hawaii’s requirements for directors of corporations:
Corporations must have at least one director.
Hawaii does not have a provision specifying where directors must reside.
Directors must be at least 18 years old.
Inclusion in the Articles of Incorporation.
Director names and addresses are not required to be listed in the Articles of Incorporation.
Requirements for the Articles of Incorporation
The document required to form a corporation in Hawaii is called the Articles of Incorporation. The information required in the formation document varies by state. Hawaii's requirements include:
Officer names and addresses are not required to be listed in the Articles of Incorporation.
Authorized shares and par value must be listed in the Articles of Incorporation. An increase in the number of shares or par value does not affect initial filing fees.
Corporations must list the name and address of a
with a physical address (no post office boxes) in Hawaii. The registered agent must be available during normal business hours to accept important legal and tax documents for the business.
After forming a corporation, you must undertake certain steps on an ongoing basis to keep your business in compliance. These steps are also important in preserving the limited liability a corporation provides its owners. This guide outlines the ongoing requirements for Hawaii corporations.
Corporations must keep accurate and complete corporate records at the principal place of business.
Corporate taxes and fees
The following are taxation requirements and and ongoing fees for Hawaii corporations:
Annual report and franchise tax. Hawaii requires corporations to file an annual report. The annual report filing fee is $15 and the due date is tied to the anniversary of the company’s incorporation:
If the anniversary date is between January 1 and March 31, the report is due on or before March 31 and the report must include information current as of January 1.
If the anniversary date is between April 1 and June 30, the report is due on or before June 30 and the information included must include information current as of April 1.
If the anniversary date is between July 1 and September 30, the report is due on or before September 30 and must include information current as of July 1.
If the anniversary date is between October 1 and December 31, the report is due on or before December 31, and must include information current as of October 1.