What is a reason to register a Foreing Entity in Hawaii?
- A foreign entity is registered in the state of Hawaii by an out of state business to do business in Hawaii.
- Out-of-state entity must be registered in the home state in order to apply for a certificate of authority in the state of Hawaii, otherwise it will be registered a domestic entity of Hawaii.
How to register a Branch Office in Hawaii?
- An application for a Certificate of Authroty for a foreign corporation must be submitted with the DCCA (Business Registration Department of Commerce and Consumer Affairs).
- Certificate of Authority must be submitted electronically.
- Certificate of good standing or certificate of existence of a home state entity must be obtained to file along with the application to confirm that your home state entity is legally registered and in a good standing. If, the home state entity is not in a good standing, DCCA will reject the application, so make sure your company is in good standing before filing an application with DCCA to transact business in Hawaii.
- You have to register a trade name, if the name is not available with the DCCA and send a copy of trade name Hawaii with the Certificate of authority application.
- Filing fees are not refundable
- You can also reserve foreign entity names, but it is not required.
How long does DCCA takes to process application top open a foreign entity in Hawaii?
DCCA generally takes two to three working days to process the foreign entity application.
Do I have gotten a new Employer Identification Number to do business in Hawaii under Out of State Entity Company?
No, the home state entity EIN will be used to file taxes and open a bank account in Hawaii.
Other maintenance for a Foreign Entity Hawaii
- Acquire licenses if applicable, for the Hawaii, because you cannot use home state licenses to do business in Hawaii.
- You are responsible to file a yearly annual report in Hawaii as long as you are doing business in Hawaii.
- File yearly state taxes, if applicable
- You have to dissolve the foreign entity, if you are no longer in business.