There are three ways to incorporate your business in Hawaii:
- Hire a lawyer to do the job for you (the most expensive option)
- Walk in to the Business Registration Division office and do it by yourself
- Use a professional incorporation company, like Active Filings.
HI Articles of Incorporation Requirements
The Articles of Incorporation is the formation document you file with the Hawaii Business Registration Division to register your corporation with the state (LLCs file Articles of Organization). In Hawaii, you can file Articles of Incorporation by mail, fax or in person (it will take the BRD 7 to 10 days to process your filing). If you hire Active Filings to incorporate your business, we are authorized to file online with the state, and we’ll form your LLC or corporation in 1 business day.
To complete your Hawaii Articles of Incorporation, you’ll need to include the following information:
|Company Name||The name shall contain the word “corporation”, “incorporated”, or “limited”, or an abbreviation thereof. The name shall not be same as, or substantially identical to, name of other corporation, partnership, or foreign corporation or partnership existing or authorized to transact business within state.|
|Company Purpose||List the reason for forming the corporation or the business/activity which the corporation will engage in.|
|Authorized Shares||List the number of shares of corporate stock you are currently authorizing. Technically, this is when you “create” your stock (more can always be authorized later), and that stock will be issued to your shareholders at your first shareholder meeting.|
|Registered Agent Information||In Hawaii, a registered agent (also known as a resident agent) is an individual or business that serves as your company’s official point of contact for lawsuits and legal notices. As part of Active Filings’ incorporation service, we include a year of registered agent service when you hire us to incorporate your business in Hawaii.|
|Names and Addresses of the Incorporators||The incorporator is the person or company authorized to form the corporation. For example, if you hired us, we would list ourselves as the incorporator. The incorporator does not have any stake in or claim to the corporation being formed.|
|Minimum Number||The minimum number is 3, unless the number of shareholders is less than 3, then the minimum number of directors must equal the number of shareholders.|
|Residence Requirements||At least one director shall be state resident|
|Articles of Incorporation||Directors are required to be listed|
|Articles of Incorporation||Officers are required to be listed|
No initial additional fees with additional stock or par value.
Domestic corporations must file annual report with Department of Commerce and Consumer Affairs by March 31.
Income Tax Rate
4.4% of first $25,000 of taxable income, 5.4% of taxable income over $25,000 but not over $100,000, 6.4% on all taxable income over $100,000.
For more information on taxes, visit http://tax.hawaii.gov/
When you hire Active Filings to incorporate your business in Hawaii, you’ll receive everything you need to track and maintain your company, this includes:
- Free expedited service
- One year of registered agent service
- An online account where you can add additional services, track orders, maintenance requirements and digital notifications.
Learn More About Incorporation Requirements In Your State
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Rhode Island
- South Carolina
- South Dakota
- West Virginia