How Much Does an LLC Cost in Hawaii? (Filing Fees 2024)

Starting an LLC in Hawaii is more affordable than you might think, with an upfront cost of just $51—that’s your $50 fee for filing the Articles of Organization and a $1 state archives fee.

Also, remember the $12.50 annual report fee to keep your business in good standing year after year.

But there’s more.

Beyond these basics, you’ll want to factor in additional or optional expenses like registered agent services, securing a catchy LLC name, DBA registrations, and any licenses or taxes that might pop up depending on your business activities.

How Much Does an LLC Cost in Hawaii?

Starting an LLC in Hawaii involves several costs beyond the initial filing fee. Here’s a breakdown of what you can expect:

• Filing Fee for Articles of Organization: The cost to file your Articles of Organization in Hawaii is $51. This is the primary fee required to form your LLC officially.
• Expedited Processing: If you need your LLC formed quickly, expedited processing is available for an additional $25.
• Registered Agent Services: If you hire a registered agent, expect to pay between $100 and $300 per year for this service.
• LLC Name Reservation: Reserving your desired business name before filing costs $10, ensuring your name is available when you’re ready to file.
• DBA (Doing Business As) Registration: The cost of registering as a DBA will vary if you plan to operate under a different name than your LLC.
• Certificate of Good Standing: You may need this certificate for certain business activities, typically costing $7.50.
• Business Licenses and Permits: Depending on your industry and location, you may need specific licenses or permits, with costs varying based on local and state requirements.
• Taxes: Hawaii LLCs may also be subject to various taxes, including the state’s General Excise Tax (GET), which applies to business activities like sales and services. The GET rate is 4%, with an additional 0.5% surcharge in certain counties.

Understanding these costs will help you budget effectively and ensure you’re prepared to maintain your LLC in Hawaii.

LLC Costs in Hawaii (Formation Fees)

Here’s a table showing the requirements and costs to set up an LLC in Hawaii:

Hawaii LLC Requirements	Cost
LLC Business Name Cost	$0
Articles of Organization	$51
Operating Agreement (optional)	$0 (with Northwest)
EIN Number	$0 (free from IRS)
Annual Report	$12.50 (online)
LLC Name Reservation Fee (optional)	$10
Certificate of Good Standing (optional)	$7.5
Foreign LLC Registration (optional)	$51
Fictitious Name (DBA) (optional)	$50
Taxes	Varies
State Business License Fees	$20
Registered Agent Services (optional)	$0-$125 (Northwest)
LLC Formation Services (optional)	$39
Total LLC Costs in Hawaii	$63.50 – $296

Total Hawaii LLC costs range from $63.50 to $296. If you do everything yourself and skip the optional extras, you might only spend around $63.50. However, if you decide to pay for additional services and requirements, your costs could go up to between $100 and $296.

The first mandatory expense is the $51 fee for filing the Articles of Organization, which is essential for officially establishing your LLC. Additionally, you’ll need to budget for the annual report, which costs $12.50 if filed online.

Now, let’s discuss the optional costs.

Obtaining an Employer Identification Number (EIN) is free from the IRS, and securing an LLC business name comes at no cost. An Operating Agreement is recommended but can be obtained at no cost using services like Northwest.

If you want to reserve your LLC name, that will typically cost $10.

You may also want a Certificate of Good Standing, which costs $7.50. Registering a foreign LLC in Hawaii incurs a fee of $51. Operating under a different name (DBA) costs $50.

Regarding registered agent services, you can either act as your agent at no cost or hire a professional service, which typically ranges from $100 to $300. If you choose to use LLC formation services, that typically costs around $39. Remember that taxes and state business license fees vary based on business activities.

Understanding these mandatory and optional costs will help you budget effectively as you embark on your business journey in Hawaii.

Hawaii LLC Business Name Cost ($0)

When forming an LLC in Hawaii, choosing your business name is free. You can select a name representing your brand without worrying about fees for this step.

It’s important to ensure that the name you want is available. You can check if your desired name is already in use by searching the Hawaii Business Registration Division’s database. This step is crucial because your name must be unique in the state.

Once your LLC is registered, your chosen business name will be protected. This means no one else can use the same name for their business in Hawaii. Protecting your brand is an important aspect of running a business.

Remember that keeping your business name compliant with state laws is essential. You may need to include specific identifiers, like “LLC” or “Limited Liability Company,” in your name. This ensures that customers understand your business structure.

Hawaii Articles of Organization ($51)

You must file the Articles of Organization to form an LLC in Hawaii. This document costs $50. You must submit it to the Hawaii Department of Commerce and Consumer Affairs.

The Articles of Organization include important details about your LLC. These details are your company name, mailing address, and the registered agent’s name. Make sure this information is accurate, as it is crucial for your business registration.

The Hawaii LLC processing time depends on the filing method. If you file online, you can get an LLC by mail in 3-5 business days or 3-4 weeks. You can also pay for expedited processing to get your Hawaii LLC within 24 hours.

If you need a certified copy of your filed Articles, there’s a fee of $10 plus $0.25 for each page. Also, remember there is a $1 State Archives fee when you file.

Timely filing is essential. Missing deadlines for annual reports, which have an online filing fee of $12.50, could result in a penalty. Keeping track of all fees and deadlines will help keep your LLC in good standing.

LLC Operating Agreement Cost in Hawaii ($0 with Northwest)

Setting up an LLC in Hawaii does not require a specific fee to create an Operating Agreement. The cost is $0 if you use Northwest Registered Agent.

An Operating Agreement is important because it details how your LLC will be managed. It outlines responsibilities, ownership structure, and profit distribution. Even if it’s not mandatory in Hawaii, having one is recommended for clarity and legal protection.

Creating this document through Northwest Registered Agent is straightforward. Since the fee is $0, you can focus on getting your business set up without additional costs.

Using a template or guidance provided by a service can make the process easier. It ensures you cover all necessary points while remaining compliant with state laws.

Hawaii Registered Agent Fee ($0-$300/year)

In Hawaii, you have options for registered agent services, and the costs can vary considerably.

There is no fee if you act as your own registered agent. You must provide your name and address.

Hiring a professional Hawaii registered agent generally costs between $100 and $300 annually. These services not only help you stay compliant but also protect your privacy.

For instance, LegalZoom charges around $249 annually, while ZenBusiness offers services for $199 annually.

If you choose Northwest Registered Agent, there is a great deal. They offer free services for the first year when you hire them to form your LLC. After the first year, their fee drops to $125 annually, which is quite competitive.

EIN Cost in Hawaii ($0 from the IRS website)

When forming an LLC in Hawaii, you must obtain an Employer Identification Number (EIN). The good news is that the IRS provides this number for free.

The easiest way to apply for your EIN is online. The process is straightforward and usually takes about 10 minutes.

There are no fees associated with this process. This is a significant cost-saving benefit when starting your business.

An EIN is crucial for various tasks, such as opening a business bank account and filing taxes. Since it’s free, it’s an essential step that should not be overlooked when forming your LLC in Hawaii. By securing your EIN, you are taking a major step toward getting your business up and running.

Hawaii Annual Report Fee ($12.50/annually)

In Hawaii, maintaining your LLC requires paying an annual report fee. This fee is $15 if you file on paper. Filing your report yearly is important to keep your business in good standing.

If you file online through Hawaii Business Express, the fee is $12.50, which is slightly lower. This can save you a small amount each year.

You must submit your annual report by the last day of the quarter in which your LLC was formed. For example, if your LLC was created in July, your report will be due by September 30 each year.

Failing to file on time results in a $10 penalty, so keeping track of your due dates is crucial. Remember, the annual report is also essential for updating any changes in your business information.

When submitting your report, ensure your business name and file number are ready. This will help streamline the process and ensure that everything is accurate.

Fictitious Name/DBA Cost in Hawaii ($50)

If you want to operate your business under a different name in Hawaii, you must register a fictitious name, a DBA (Doing Business As). This process is straightforward and involves a filing fee.

The cost to register a DBA in Hawaii is $50. You can pay this fee using cash or a credit card. A DBA registration lasts five years, and you must renew it afterward.

After your registration is approved, it’s a good idea to publish a notice of your new DBA in a local newspaper. This step helps inform the public about your business name.

Keep in mind that while the fee is currently $50, it’s important to check for updates or changes in pricing. Being aware of these costs can help you better plan your business expenses.

LLC Name Reservation Fee in Hawaii ($10)

In Hawaii, reserving your LLC name costs $10. This fee allows you to hold a desired business name for 120 days. During this time, no one else can use that name for their LLC.

To reserve a name, you must complete an application with the Hawaii Department of Commerce and Consumer Affairs. It’s a simple process and can usually be done online.

This name reservation can be helpful if you want to prepare for your business formation but aren’t ready to file your LLC yet. It ensures that your preferred name is secure.

If you decide not to form your LLC after reserving the name, you won’t get the $10 back. Therefore, it’s best to have a clear plan before you reserve.

Hawaii Certificate of Good Standing ($7.50)

Obtaining a Certificate of Good Standing is essential if you operate an LLC in Hawaii. This document confirms that your business complies with state regulations.

Your Certificate of Good Standing can be obtained from the Department of Commerce and Consumer Affairs. It costs $7.50, a relatively low fee for an important document.

Banks and lenders often require this certificate when you apply for loans or other financial services. It shows that your business is legally registered and current with state requirements.

You can request the certificate online or submit a form by mail. The process is straightforward and usually quick, giving you peace of mind that your business meets state standards.

Keep a copy of this certificate in your business records. As your LLC grows, it can be helpful for various legal and financial needs.

Hawaii Foreign LLC Registration Fee ($51)

To register a foreign LLC in Hawaii, you must pay a $51 fee. This fee includes a $50 charge for processing the Articles of Organization and a $1 state archive fee.

When you file your application, you will submit it to the Hawaii Department of Commerce and Consumer Affairs. This step is necessary for most foreign entities looking to conduct business in Hawaii.

It’s important to note that there is no fee to apply for certain types of businesses, but most LLCs require you to pay this registration fee.

You can handle the registration online through the Hawaii Business Express portal or work with a registered agent who can help. If you opt for a service, the provider might charge additional fees in addition to the state cost.

Be ready to provide some basic information, including your LLC’s name and its existing formation details. This will help ensure a smooth registration process for your foreign LLC.

Hawaii State Business License Fees ($20)

You will likely need a General Excise Tax (GET) license when starting a business in Hawaii. This license is necessary to collect the state excise tax, which is currently 4%.

The GET license has a one-time fee of $20. This fee is crucial for legal compliance with state regulations.

To apply for your GET license, you must submit your application to the Hawaii Department of Taxation. The process is straightforward and can usually be done online or by mail.

Hawaii LLC Taxes (varies)

When you operate an LLC in Hawaii, you face various taxes that can impact your overall costs. Knowing these taxes is important for planning your finances effectively.

Some common taxes your LLC may owe include:

• Federal taxes
• State income tax
• Local income tax
• Business taxes
• Self-employment taxes
• Sales and use tax
• Payroll tax (if you have employees)
• Property tax (if your LLC owns the property)

Your tax obligations will depend on several factors, including your industry and the activity level within your business. Since no two businesses are alike, it’s hard to provide a specific estimate for your total tax costs.

Your LLC’s tax burden largely depends on its income. As your business grows, so may your tax responsibilities.

Hawaii LLC reinstatement fee ($25)

If your LLC in Hawaii has been administratively dissolved, you can reinstate it. The reinstatement fee is $25. This fee is necessary to process your Application for Reinstatement.

For an additional $25, you can also choose expedited processing, which can speed up the process if you need your LLC reinstated quickly.

Processing usually takes about five business days. You may want to factor this into your plans to reinstate your LLC.

To begin, prepare the Application for Reinstatement. Once you submit your payment along with the application, you will be on your way to getting your LLC back in good standing. Ensure to follow any specific steps required by the Hawaii Department of Commerce and Consumer Affairs.

Maintaining your LLC’s active status is important. This helps you avoid additional penalties and ensures your business can operate without issues.

Hawaii LLC dissolution fee ($25)

To dissolve an LLC in Hawaii, you must pay a filing fee of $25. This fee is paid to the Hawaii Secretary of State when you file the Articles of Dissolution. It’s a one-time charge to close your LLC.

You can submit your dissolution using different methods. You may file by mail, fax, email, or in person. Alternatively, online filing is also available.

You can pay an extra $25 for expedited service to speed up the process. This option reduces the time it takes for the government to process your dissolution request.

Please ensure that all necessary information is ready when filing. This includes any details required in the Articles of Dissolution form.

Before you file, ensure that there are no outstanding debts or obligations. It’s important to settle all taxes and fees associated with your LLC to avoid complications during the dissolution process.

Hawaii LLC Change of Registered Agent fee ($25)

If you need to change your Hawaii LLC’s registered agent, you must file the necessary form for a fee of $25.

The Hawaii Department of Commerce and Consumer Affairs requires you to complete Form X-7, the Statement of Change of Registered Agent.

The filing process is flexible. You can submit the form online, by mail, fax, email, or in person. Just ensure that you include the fee when you file.

In addition to the $25 processing fee, state archives typically charge a small fee of $1 for any permanent records, such as amendments.

What is the Cheapest Way to Start Hawaii LLC?

Starting an LLC in Hawaii can be done in a few ways. The most common method is to file your Articles of Organization online. This costs $50 and a $1 fee for the State Archives.

You can also file by mail, but this option costs $100. If you want faster processing, there’s an additional fee of up to $50. Therefore, online filing is the least expensive choice.

By filing online, you save money on both filing fees and time. You can expect your LLC to be formed in about 3-5 days. If you choose to file by mail, it may take longer, extending your wait time and potentially delaying your business launch.

While online filing is cheaper, there are some downsides. You need to have a computer and internet access. If you’re not comfortable with technology, this option may feel overwhelming. Additionally, making an error while filling out the forms online could slow the process.

The cheapest way to start your Hawaii LLC is by filing online for $51. This quick and straightforward method makes it an excellent choice for most new business owners.

Should You Use an LLC Formation Service in Hawaii?

When starting an LLC in Hawaii, you might wonder if an LLC formation service is the right choice. Let’s talk about the benefits and a few potential drawbacks.

• Time-saving: LLC formation services like Northwest simplify the process, helping you avoid the tricky and time-consuming task of filling out required forms.
• Peace of mind: These services ensure your documents are filed correctly, keeping you compliant with state laws and avoiding penalties for mistakes.
• Privacy benefits: Some services offer registered agent options that keep your address off public records, helping maintain your privacy as a business owner.
• Access to experts: Many services provide free access to formation experts and attorneys, offering professional advice at no extra cost, which is especially beneficial for first-time business owners.

The decision depends on your situation and comfort level with the process.

Frequently Asked Questions

How much does it cost to reinstate an LLC in Hawaii?

If your LLC has been administratively dissolved, the reinstatement fee is $25. You must also file your missing annual reports and pay outstanding fees to regain good standing.

Is Hawaii a good state to form an LLC?

Hawaii can be a good state for forming an LLC if your business plans to operate there, as it offers liability protection and tax benefits. However, factors like the higher living costs and business operations in Hawaii should be considered before deciding.

How much does it cost to dissolve an LLC in Hawaii?

To dissolve your LLC in Hawaii, you must file a Certificate of Dissolution, which costs $25. Ensure you settle any outstanding fees and taxes before filing for dissolution.

Do I need to hire an attorney to form an LLC in Hawaii?

You do not need to hire an attorney to file for an LLC in Hawaii, but it can be helpful, especially if you have complex business needs. Many businesses successfully file without legal assistance, using online resources instead.

Should I hire an LLC formation service in Hawaii?

Hiring an LLC formation service can simplify the process for you. These services often handle the paperwork and ensure compliance with state requirements, but they charge additional fees on top of government costs.

Are there penalties for paying my fees late in Hawaii?

Yes, late payment of fees in Hawaii can incur penalties. If you do not pay your annual report fee on time, your LLC may be subject to late fees and face administrative dissolution.

What happens if I do not file my Hawaii LLC annual report?

Failing to file your annual report can result in penalties and may lead to the administrative dissolution of your LLC. It is important to file on time to maintain your LLC’s good standing with the state.