• Skip to main content
  • Skip to primary sidebar
  • Skip to footer

Legal Templates

Legal Templates
  • Business Forms
    Business & Contracts

    All of our legal contracts and documents are drafted and regularly updated by attorneys licensed in their respective jurisdictions, paralegals, or subject matter experts. Save your hard-earned money and time with Legal Templates.

    Top Business Forms
    Business Formation
    • Business Plan
    • LLC Operating Agreement
    • Articles of Incorporation
    • Corporate Bylaws
    • Buy-Sell Agreement
    Business Operations
    • Business Contract
    • Partnership Agreement
    • Non-Disclosure Agreement
    • Release of Liability
    • Letter of Intent
    Sales and Payments
    • Purchase Agreement
    • Sales Agreement
    • Invoice
    • Purchase Order
    • Business Purchase
    Employment and HR
    • Employment Contract
    • Employment Offer
    • Employment Verification
    • Freelance Contract
    • Non-Compete Agreement
    View All Business Forms
  • Real Estate Forms
    Real Estate

    All of our legal contracts and documents are drafted and regularly updated by attorneys licensed in their respective jurisdictions, paralegals, or subject matter experts. Save your hard-earned money and time with Legal Templates.

    Top Real Estate Forms
    Landlords
    • Lease Agreement
    • Property Management
    • Eviction Notice
    • Late Rent Notice
    • Lease Termination
    Tenants
    • Room Rental
    • Sublease Agreement
    • Roommate Agreement
    • Notice to Vacate
    • Early Lease Termination
    Home Ownership
    • Real Estate Purchase Agreement
    • Mortgage Deed
    • Quitclaim Deed
    • Deed of Trust
    • Moving Checklist
    View all Real Estate Forms
  • Personal & Family Forms
    Personal and Family

    All of our legal contracts and documents are drafted and regularly updated by attorneys licensed in their respective jurisdictions, paralegals, or subject matter experts. Save your hard-earned money and time with Legal Templates.

    Top Personal and Family Forms
    Estate Planning
    • Power of Attorney
    • Last Will & Testament
    • Living Will
    • Advance Directive
    • DNR Form
    Personal Finance
    • Bill of Sale
    • Loan Agreement
    • Purchase Agreement
    • Promissory Note
    • Sales Agreement
    Family Matters
    • Parenting Plan
    • Child Travel Consent
    • Divorce Agreement
    • Separation Agreement
    • Prenuptial Agreement
    Affidavits
    • General Affidavit
    • Gift Affidavit
    • Affidavit of Identity
    • Affidavit of Residence
    • Affidavit of Death
    View All Personal Forms
  • Support
    Resources
    • Business
    • Real Estate
    • Personal and Family
    • Financial
    • Estate Planning
    Support
    • About Us
    • Careers
    • Contact Us
    • All Legal Documents

    Monday - Friday | 9AM - 7PM EDT

    (855) 335-9779

  • Sign In
  • :email

Home Business Documents LLC Operating Agreement Hawaii LLC Operating Agreement

Hawaii LLC Operating Agreement

If you want to set up an LLC in Hawaii then learn more about the process and start filling out your LLC operating agreement below.

Published February 24, 2022

Every year, roughly eight million small businesses open their doors in Hawaii. They’re ready to start earning big bucks and taking advantage of the thriving island economy.

However, anyone planning to open a business in Hawaii should consider setting up an LLC operating agreement. Doing so helps to protect their LLC in Hawaii from legal trouble.

Let’s take a look at everything you need to know about how to start an LLC in Hawaii.

Table of Contents
  • Is an LLC Operating Agreement Required in Hawaii?
  • Hawaii Operating Agreement Laws
  • How Much Does It Cost to Form an LLC in Hawaii?
  • How to Form an LLC in Hawaii?
  • Hawaii LLC Operating Agreement Template

Is an LLC Operating Agreement Required in Hawaii?

An LLC operating agreement is not required in Hawaii.

However, just because it’s not required by law isn’t to say that you shouldn’t have one. Having an operating agreement in place helps protect your business and allows you to conduct your company the way you want.

Hawaii Operating Agreement Laws

Even though operating agreements aren’t required in Hawaii, the Hawaiian government has a few laws in place for people who do choose to create these types of agreements – you can find them in § 428-103.

For one thing, Hawaiian law states that all members of an LLC can enter an operating agreement to regulate their affairs. The agreement can be used to regulate the operating activities of the business.

The agreement, however, cannot restrict rights to information or eliminate the duty of loyalty. It also cannot unreasonably restrict access to information, eliminate the obligation of fair dealing, or vary the rights to expel a member.

These laws are in place to help protect members of the LLC from unfair treatment. They make sure that the operating agreements are written up in a legally abiding way.

You should also be aware that when naming your LLC it must contain the phrase ‘Limited Liability Company’ or the abbreviation ‘L.L.C.’, or ‘LLC’. ‘Limited’ may be ‘Ltd.’, and ‘Company’ may be ‘Co’.

How Much Does It Cost to Form an LLC in Hawaii?

If you want to create an LLC in Hawaii, you’ll need to be prepared to pay $50 to file your articles of organization. This will make your LLC active so that you can start conducting business.

You can also reserve your LLC name by filing with the Hawaii Department of Commerce and the Consumer Affairs Business Registration Division. Doing so will cost you an additional $10.

You should also be aware that you’ll need to pay an annual filing fee of $15. This is to renew your paperwork and keep your business running.

How to Form an LLC in Hawaii?

Let’s take a look at a few of the steps necessary for anyone wanting to know how to start an LLC in Hawaii:

Step 1 – Locate a Registered Agent

The first step to starting an LLC in Hawaii is to find a registered agent. This individual will receive legal documents for the business and will handle legal affairs.

The registered agent can either be an entity or an individual residing in Hawaii. LLC members can also serve as the RA.

The registered agent must have a physical street address in Hawaii.

Step 2 – Select Which Type of LLC

Next, you’ll need to choose which type of LLC your business will be, single or multi-member. This is important for determining how you will file your paperwork as well as whether the company will operate as a domestic or foreign entity.

Remember that domestic entities are entities formed in Hawaii. Foreign entities are considered any entity formed outside of Hawaii.

The paperwork you’ll need to fill out will change depending on whether you’re a foreign or domestic entity. Foreign entities will typically have more paperwork to fill out.

Step 3 – Pay Your Filing Fee

Once you’ve selected which type of business entity you’ll form and you’ve filled out the appropriate paperwork, it’s time for you to pay your filing fee. You can pay the fee online via credit card.

If you want to send a paper check, you can send it to the Department of Commerce and Consumer Affairs. Make sure to attach a PDF copy of your application to your check.

Step 4 – Create an Operating Agreement

Even though it’s not required for you to have an LLC operating agreement in Hawaii, it’s still a good idea. An operating agreement can help create standard procedures for your company that keep things running smoothly.

What’s more, the LLC helps separate members’ assets from the LLC. This is important for legal protection in the event that something goes awry.

Step 5 – Register for an Employer Identification Number (EIN)

The IRS issues Employer Identification Numbers, also called EINs, to help them identify business entities. This makes it easier for them to monitor business tax payments.

If you don’t have an EIN, you’ll have difficulty applying for bank accounts, legally paying your employees, or trying to take out a bank loan. Luckily, you can easily register for one on the IRS website.

Hawaii LLC Operating Agreement Template

This Hawaii LLC operating agreement template has everything you need to know to successfully write a Hawaii LLC operating agreement:

LLC Operating Agreeement

LLC Operating Agreement Template

Download PDF
Download MS Word
LLC Operating Agreement Template

Hawaii LLC Operating Agreement

Start building your Hawaii LLC operating agreement today!

Legal Documents

  • All Legal Forms
  • Business Forms
  • Real Estate Forms
  • Personal and Family Forms

Popular Forms

  • Lease Agreements
  • Power of Attorney Forms
  • Eviction Notice
  • Living Will
  • Non-Disclosure Agreement

Resources

  • Legal Resources
  • Business
  • Real Estate
  • Personal & Family
  • Estate Planning
  • Financial
  • Covid-19 Resources

Company

  • Pricing
  • About Us
  • Careers
  • Contact Us
  • Partner With Us
  • Legal Dictionary

Users

  • Account
  • Terms of Use
  • Privacy Policy
  • Do Not Sell My Personal Information
McAfee - Together is power.
Trustpilot
Legal Templates BBB Accredited Business

(855) 335-9779, Monday-Friday, 9AM - 7PM EDT

Facebook Twitter LinkedIn

Copyright 2023 Legal Templates LLC. Legal Templates LLC is not a lawyer, or a law firm and does not engage in the practice of law. Legal Templates cannot and does not provide legal advice or legal representation. All information, software and services provided on the site are for informational purposes and self-help only and are not intended to be a substitute for a lawyer or professional legal advice. Our legal contracts and documents are drafted and regularly updated by attorneys licensed in their respective jurisdictions, paralegals, or subject matter experts. Use of this site is subject to our Terms of Use. Legaltemplates.net is owned and operated by Resume Technologies Limited, London with offices in London United Kingdom.

Thank you for downloading one of our free legal templates!

Would you leave us a review?

We hope you've found what you need and are able to avoid the time, costs, and stress associated with dealing with a lawyer.

A review would mean the world to us (it only takes about 15 seconds).

Please check your download folder for MS Word or open tabs for PDF so you can access your FREE Legal Template Sample

Thanks again, and good luck!

Leave My Review