Filing fee: $51 · Agency: Hawaii Department of Commerce and Consumer Affairs
Processing time: 3 business days; 1-business-day expedite available for an extra fee.
Annual report: Annual report fee: $13.5.
Franchise tax: Unlike many states that impose a general franchise tax on businesses, Hawaii reserves its franchise tax specifically for certain financial institutions. Regular commercial entities, including LLCs, are exempt from franchise tax. They are subject to the General Excise Tax (GET) on gross receipts and, for corporations, the state income tax.
Notes: Hawaii LLCs are pass-through entities by default, meaning profits are taxed at the personal income rates of members/owners, not at the corporate level. There is no residency requirement for LLC members or managers.