Hawaii LLC and Corporation Registration and Formation
Hawaii LLC and Corporation Registration and Formation
The Department of Business, Economic Development & Tourism in Hawaii predicts higher economic growth in 2018 and 2019. This growth outlook is based on several factors like the performance of the tourism industry in Hawaii, the availability of skilled labor in the state, and tax revenues among others. The Blue Chip Economic Consensus Forecasts report reveals that the real GDP will witness an increase of 2.8 percent in 2018. So, if you are planning to form a Hawaii business then this is probably the best time to do it!
We are one of the top Hawaii registered agents and are familiar with all processes pertaining to the Hawaii State and can provide information and assistance for successful set up of your business!
Let’s take a look at how you can form a Hawaii business LLC or Corporation.
Hawaii LLC Registration and Formation
LLC company formation in Hawaii is governed by Chapter 428 Uniform Limited Liability Company Act. The procedure for registration and formation of LLC is as follows:
Step#1: Maintain a registered agent
According to HI Rev Stat § 428-107 (2010 through Reg Sess), an LLC will be required to maintain a registered agent if you are planning to form a Hawaii business. A registered agent is required for both domestic business entities as well as foreign entities authorized to transact business in the state of Hawaii. We would take this opportunity to share with you the fact that we are one of the top registered agents in the state and have been responsible for over 11,494 businesses set up in Hawaii.
We are in compliance with all regulations in the State of Hawaii.
Step#2: LLC Name Reservation
One of the key requirements of company formation in Hawaii is reservation or registration of a business entity name. A domestic or foreign LLC is required to identify a name, which can be reserved pursuant to HI Rev Stat § 428-105 (2010 through Reg Sess) by submitting an application to the Department Of Commerce And Consumer Affairs, Business Registration Division. An LLC can reserve its name for a period of 120 days.
Step#3: Articles of Organization and Certificate of Authority
If you are planning to form a Hawaii business LLC then the most important step is to prepare and file the proper documents for a Limited Liability Company. You will be required to file Articles of Organization pursuant to HI Rev Stat § 428-203 for a domestic LLC. If your business entity is a foreign LLC then you will be required to file an “Application for Certificate of Authority” pursuant to HI Rev Stat § 428-1002. The application or documentation for registration of LLC can be filed with Department Of Commerce And Consumer Affairs, Business Registration Division, in person or online.
We can file the form on your behalf as your registered agent in the state and provide you with certified copies of the LLC registration.
In case, you have any questions regarding how to form a Hawaii business, feel free to call us at 702-871-8678.
Hawaii Corporation Registration and Formation
If you are planning to form a Corporation in Hawaii then the procedure for registration and formation is as follows:
Step#1: Maintain a Registered Agent
According to HI Rev Stat § 414-61 (2010 through Reg Sess), you will be required to maintain a registered agent if you are planning to form a Hawaii business. A registered agent is required for both domestic business entities as well as foreign corporations authorized to transact business in the state of Hawaii. We would take this opportunity to share with you the fact that we are one of the top registered agents in the state and have been responsible for over 11,494 businesses set up in Hawaii.
We are in compliance with all regulations in the State of Hawaii.
Step#2: Corporate Name Reservation
Whether you form a domestic profit corporation or a foreign corporation, you need to identify a name and reserve it pursuant to §414-51 and §414-52. A key component of company formation in Hawaii, reservation of name will provide the business entity with exclusive rights towards using the domestic or foreign corporate name for business purposes.
Step#3: Articles of Incorporation and Certificate of Authority
If you are planning to form a Corporation in Hawaii then the type of registration form you will require is dependent on whether your business is based in Hawaii or if it is a foreign entity. You will need to file Articles of Incorporation for a domestic Corporation pursuant to HI Rev Stat § 414-32. If it is a foreign business entity then you will have to file an Application for Certificate of Authority pursuant to HI Rev Stat § 414-433. The application or documentation for registration of LLC can be filed with Department Of Commerce And Consumer Affairs, Business Registration Division, in person or online.
We can file the form on your behalf as your registered agent in the state and provide you with certified copies of the incorporation.
If you have any questions regarding Hawaii Incorporation or LLC formation, you can simply visit the Hawaii Business formation page.