What is a Hawaii Annual Report
One of the requirements of maintaining an LLC or corporation in Hawaii is filing an Annual Report. The Annual Report is used to confirm and update the company’s information with the Hawaii Department of Commerce and Consumer Affairs, such as the name and address of the registered agent and principal office address.
Related: How to form an LLC in Hawaii
Who Needs to File an Annual Report?
Domestic and foreign corporations and LLCs are required to file an annual report each year after the year the company was formed.
What is Needed to File a Hawaii Annual Report
You have the option of filing the Annual Report online through the Hawaii Business Express website or by mail.
The report asks for information such as:
- Legal business name
- Principal office address
- Nature of the business
- Name and street address (P.O. Boxes are not allowed) of the Registered Agent
- Name, Title, and Address of the members, managers, directors, or officers
Hawaii Annual Report Fee
The Annual Report filing fee for a Corporation and LLC in Hawaii is $15.
Annual Report Due Date
The Annual Report isn’t due until the year following the initial formation and is based on the registration date Corporation, or LLC was formed.
If you formed your business entity in the 1st quarter (between January 1st and March 31st), the Annual Report deadline is due at the end of the quarter, which is March 31st each year.
An entity formed in the 2nd quarter (between April 1st and June 30th), the Annual Report is due June 30th each year.
An entity formed in the 3rd quarter (between July 1st and September 30th), the Annual Report is due September 30th each year.
An entity formed in the 4th quarter (between October 1st and December 31st), the Annual Report is due December 31st each year.
To find when your report is due, check out the Hawaii Annual Reports Portal, enter the name of your business, and click on the “View Complete BREG record” to see the report due date.
The Hawaii Department of Commerce and Consumer Affairs sends a postcard on the 15th of the first month of the quarter the Annual Report is due. You can optionally sign up for an email reminder from the state for an additional $2.50 per year. Even though a reminder is sent, it’s important to make an additional reminder for yourself should you not receive it.
Annual Report Filing ServiceIf you would rather use a service that guarantees the annual report is filed on-time, check out the annual report filing service through Northwest.
My business made little or no money. Do I still have to file the Annual Report?
Even if your Hawaii Corporation or LLC received no income or had no business activity, the Annual Report is still required to be filed.
What happens if you don’t file the Annual Report on time?
If the Annual Report is not filed by the due date, a late fee penalty of $10 will be assessed each year it is late.
If the Annual Report is not filed on time, the entity will lose its status of good standing, which may put the owners legally at risk for the actions of the company. Should the report not be filed for over two years, it will be administratively dissolved by the state.
Hawaii Department of Commerce and Consumer Affairs Contact Information
The contact information for the Department of Commerce and Consumer Affairs is:
Hawaii Department of Commerce and Consumer Affairs
Hawaii Business Registration Division
PO Box 40
Honolulu, HI 96810
Phone Number: (808)-586-2727