Adding a DBA to an LLC in Hawaii: A Step-by-Step Guide

How do I add a DBA to an LLC in Hawaii?
In Hawaii, you register your DBA with the Department of Commerce and Consumer Affairs. You can file online at the Hawaii Business Express website or you can complete the application for registration of trade name form.
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You might be unsure of where to begin if you want to add a DBA (Doing Business As) to your LLC (Limited Liability Company) in Hawaii. Fortunately, the procedure is rather simple and may be finished in a short amount of time. This post will go over the specifics of adding a DBA to an LLC in Hawaii and address any related queries you may have.

Are operational agreements the same as articles of organization?

No, the operational agreement and the articles of organization are not the same. In order to establish an LLC, legal papers known as articles of organization must be submitted to the Hawaii Department of Commerce and Consumer Affairs (DCCA). They provide the LLC’s name, address, registered agent, and members, among other essential details. An operating agreement, on the other hand, is a confidential contract that describes the LLC’s ownership structure, management, and operational procedures. Although it is not mandated by law, having one is strongly advised for LLCs.

What are the provisions of the articles of organization with regard to this?

The following details are often included in the articles of organization: The following information must be provided:

– LLC name and address

– Name and address of the LLC’s registered agent

– The LLC’s business objective

– Name and address of the LLC’s organizers (individuals who draft and sign the articles of organization)

– Whether the LLC is member-managed or manager-managed

– The LLC’s membership count

Which is preferable, an LLC or a single proprietorship, then?

The decision between a sole proprietorship and an LLC will depend on your unique needs and circumstances. The simplest and most typical type of company entity is a sole proprietorship. It is simple to set up and keep, but it makes the owner personally responsible for all of the company’s debts and responsibilities. On the other side, an LLC offers its owners limited liability protection, meaning that their private assets are safeguarded in the event of litigation or other legal concerns. Additionally, LLCs have greater options for ownership structure and taxation.

In Hawaii, how are LLCS taxed?

For taxation reasons, LLCs in Hawaii are regarded as pass-through entities, which means that the LLC’s profits and losses are distributed to its owners and reported on their individual tax returns. In Hawaii, LLCs do not pay entity-level taxes. However, Hawaii’s general excise tax, which is levied against the company’s gross revenue, is also applicable to LLCs. Depending on the type of business and the location of the LLC, different rates of general excise tax apply.

In conclusion, the procedure of adding a DBA to an LLC in Hawaii can be accomplished by submitting a Trade Name Registration Form to the DCCA. It’s crucial to keep in mind that an LLC’s operating agreement and articles of incorporation are not the same thing, and that owners of LLCs have limited liability protection. In Hawaii, LLCs are also subject to the general excise tax, even though they are regarded as pass-through entities for taxation.

FAQ
Regarding this, do you need to register a sole proprietorship in hawaii?

Yes, you must register your firm with the state of Hawaii if you wish to run a single proprietorship there. In order to do this, you must register your trade name, often referred to as your “doing business as” (DBA) name), with the Hawaii Department of Commerce and Consumer Affairs (DCCA).