The elected person in Hawaii known as the Secretary of State is in charge of supervising and keeping all state records, including election results, business and corporation registrations, and state archives. The current secretary of state for Hawaii is Scott Nago, who was chosen for the job in 2010.
The administration of the state’s business registration system is one of the Secretary of State of Hawaii’s most significant duties. This involves processing yearly reports, new business registrations, and other state-mandated filings. It’s crucial to file your annual reports on time if you own a business in Hawaii if you want to maintain a good standing with the government.
What happens then if you fail to submit your yearly report? If you don’t submit your annual report on time, you risk fines and potentially the closure of your company. LLCs and corporations must submit annual reports to the state of Hawaii by the end of the quarter following the anniversary of their registration date. For instance, if your LLC was set up on January 1st, you would have to submit your yearly report by March 31st.
You can submit your LLC Annual Report in Hawaii online by using the state’s website for business registration. When you register your firm with the state, you are given a Hawaii tax ID number, which you will need. You can get your Hawaii tax ID number by getting in touch with the Hawaii Department of Taxation if you don’t already have one.
You must supply information about your company, including your business name, address, and contact details, in order to file an annual report in Hawaii. Any modifications to your company’s ownership or management structure, as well as any alterations to the address or contact details for your company, must be reported.
In conclusion, the Hawaii Secretary of State is in charge of managing and keeping track of all official documents related to the state, such as corporate and business filings. It’s critical to submit your yearly reports on time if you run a business in Hawaii in order to prevent fines and the closure of your enterprise. Using your Hawaii tax ID number, you can submit your LLC Annual Report online through the state’s company registration website.
In Hawaii, you must file dissolution paperwork with the Business Registration Division of the Hawaii Department of Commerce and Consumer Affairs. Along with canceling your Hawaii tax accounts, you must also settle any unpaid taxes. In order to make sure that all necessary actions are followed to effectively close your business in Hawaii, it is advised that you consult with an attorney or accountant.