If you own a business in Hawaii, you can act as your own registered agent. This means you would be the person designated to accept all official mail on behalf of your business, including service of process, and will serve as your business’ primary contact with the state.

Do LLC pay taxes in Hawaii?

State Business Tax By default, LLCs themselves do not pay income taxes, only their members do. Unlike the default pass-through tax situation, when an LLC elects to be taxed as a corporation, the company itself must file a separate tax return. The State of Hawaii, like almost every other state, taxes corporation income.

How do I close an LLC in Hawaii?

To dissolve your Hawaii LLC, submit the completed Articles of Termination (Form LLC-11) to the Hawaii Department of Commerce and Consumer Affairs, Business Registration Division (BREG) by mail, fax, or in person. The form cannot be filed online.

What is company registered agent?

A registered agent is simply a person or entity appointed to accept service of process and official mail on your business’ behalf. You can appoint yourself, or in many states, you can appoint your business to be its own registered agent.

How do I file LLC taxes in Hawaii?

The State of Hawaii requires you to file an annual report for your LLC. You can file your annual report online at the BREG website or by mail. The state will send an annual report reminder to your LLC. The annual report is due during the calendar quarter of the anniversary month of your LLC’s formation.

What does ADM terminated mean?

The maximum penalty is for the LLC to be administratively dissolved or terminated. This means that the LLC’s right to conduct business is ended and the only action the LLC can lawfully take is to wind up its affairs, pay its remaining debts and distribute the remaining assets to the owners.

How to set up a LLC in Hawaii?

To do business in Hawaii, all LLCs organized outside the state must register with the Hawaii Department of Commerce and Consumer Affairs Business Registration Division. Foreign LLCs must appoint a registered agent for service of process physically located in Hawaii. To register, file an Application for Certificate of Authority (Form FLLC-1).

Who is a registered agent for a Hawaii LLC?

Every Hawaii LLC must have an agent for service of process in the state. This is an individual or business entity that agrees to accept legal papers on the LLC’s behalf if it is sued. A registered agent may be an individual who resides in Hawaii, or a domestic or foreign business authorized to transact business in Hawaii.

What do you call a limited liability company in Hawaii?

Choose a Name for Your LLC Under Hawaii law, an LLC name must contain the phrase “Limited Liability Company” or the abbreviation ”L.L.C.,” or “LLC.” ”Limited” may be abbreviated as ”Ltd.,” and “Company” may be abbreviated as ”Co.”

How to register a business name in Hawaii?

If a sole proprietor wishes to register its business name, a trade name application (Form T-1) should be filed. For a complete listing of forms, please see our Registration Forms, Fees and Information page and scroll to find your entity type.