• Hawaii has only two levels of government taxation: state and local.
• No personal property tax
• No tax on inventories, furniture, equipment or machinery
• Credit against taxes paid on the purchase of capital goods, machinery, and equipment
• No state tax on goods manufactured for export
• No stock transfer tax (all security exchange transactions are exempt from general excise tax, as an incentive to financial institutions)
• No unincorporated business tax
• Banks and financial institutions pay only one business tax
• Manufactured products or those produced for export are exempt from the general excise tax, including custom computer software.
• Hotel Tax Credit
• Qualifying businesses may be eligible for General Excise Tax exemption or for a tax credit through the program.
• Hawaii's Free Trade Zone (FTZ) lies outside the US Customs territory for tax, duty, and quota purposes which can help significantly reduce the operating costs of companies engaged in areas of international trade. The zone and its sub-zone sites are always expanding, with four additional sites being considered satatewide.
• Hawaii's High Technology Investment Tax Credit provides a non-refundable income tax credit to encourage Hawaii taxpayers to invest in new businesses.
• Hawaii offers some incredible tax exemptions for profits made from certain stock options, including income and capital gains tax breaks, for qualifying stocks.
• Royalties and other income from patents and copyrights owned by qualified hi-tech business are exempt from income taxation.
• There is a two-tier Motion Picture and Film Income Tax Credit, which can help to reduce costs incurred for production and costs associated in transient accomodations.
• Hawaii's unique location in the middle of the pacific, makes it a natural meeting place for businesses looking to enter the Asian markets or extend their reach.
• Hawaii's location in the middle of the Pacific rim also makes it the major hub for most of the telecommunications in the Asia-Pacific region, and expansion is always on the horizon.

• Manufacturing;
• Wholesaling;
• Agricultural production or processing;
• Aviation and maritime maintenance and repair;
• Telecommunications switching and delivery systems (not including consumer sales or services);
• Certain types of call centers (e.g. bill collection, technical support for computer hardware and software firms, disease management services, disaster management services, and product fulfillment centers, but not telemarketing or sales);
• Information technology design and production (e.g., software development, imagery creation, and data compilation, but not consumer sales or services);
• Biotechnology research, development, production, or sales;
• Medical research, clinical trials, and telemedicine services;
• For-profit international business management training;
• Environmental remediation technician training;
• Wind energy production; and
• Repair or maintenance of assistive technology equipment used by the disabled.

Incorporate in Hawaii

Form an LLC in Hawaii