Upload Data To Legal Hawaii Startup For Sole Proprietorship Forms For Free

Hawaii doesn't have a general business license at the state level, so there are no fees there. But your required Hawaii Tax ID Number registration with the Department of Taxation has a $20 filing fee.

With minimal legal costs and no ongoing state requirements, you can simply run your business. This is the case even if you're using a fictitious name, also called a DBA (doing business as). Control: The sole proprietor has complete control and decision-making power over the business.

If a sole proprietor changes to another entity (Corporation, Partnership, J/V, LLC, LLP), the entity must apply for a new license. The sole proprietor's status will change to Principal Detective/Guard, and thereafter two licenses (entity & Principal Detective/Guard) must be maintained.

Sole proprietors are in complete control, and within the parameters of the law, may make decisions as they see fit. Business registration with the State of Hawaii Department of Commerce & Consumer Affairs is not required, unless public notice of trade name is desired.

Although Hawaii doesn't have a general business license requirement, you do have to register with the Department of Taxation and get a Hawaii Tax Identification Number. This state tax ID is required to do business in the state, and is different from your LLC's federal EIN number.

Sole proprietors are in complete control, and within the parameters of the law, may make decisions as they see fit. Sole proprietors receive all income generated by the business to keep or reinvest. Profits from the business flow-through directly to the owner's personal tax return.