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Hawaii Resources Page
Inward Investment Guides

Hawaii Direct Financial Incentives 2014

Area Development Online Research Desk (Q1 2014)
Hawaii's economic development, finance and tax organizations provide a range of incentive programs to initiate new business and commercial investment. More

Sustainability: The “Invisible Hand” Shapes Next-Generation Location Selection

Don Schjeldahl, Founder, Don Schjeldahl Group (Q1 2014)
Companies that view their location strategies through a “sustainability filter” are more likely to achieve competitive advantage and long-term stakeholder value. More

Regional Report: Pacific States Foster Innovation

Karen Thuermer (Directory 2014)
Winners of numerous accolades, the Plains States are garnering investment across diverse industry sectors and growing their economies. More

Leading Locations for 2013: The Pacific Region MSAs

Area Development Magazine Special Presentation (August 2013)
With five of the top-10 MSAs in the Pacific region, the state of California is experiencing an economic comeback. The state has added jobs at the fastest year-over-year pace in more than a decade. More

Regional Review: Pacific States Show Their Prowess in Advanced Technologies

Dan Calabrese (Location USA / April 2013)
While natural resources, particularly in the area of energy, serve as a lynchpin for the Pacific States, international investors are showing strong interest in the region — moving forward on projects that involve advanced technology, medicine, energy systems, and more. More

Regional Review: Natural Resources Fuel Growth in the Pacific States

Dan Calabrese (August 2012)
Natural resources, particularly in the area of energy, serve as the lynchpin for the Pacific States, where hydropower is gaining in importance, and oil and gold exploration also offer major opportunities. More

Hawaii Basic Business Taxes 2012

Area Development Online Research Desk (2012)
Hawaii's economic development, finance, and tax organizations provide a range of incentive programs to initiate new business and commercial investment. Specific programs include a corporate income tax, excise taxes, and the Hawaii Enterprise Zone Program. More

Hawaii Direct Financial Incentives 2012

Area Development Online Research Desk (2012)
Hawaii's economic development, finance and tax organizations provide a range of incentive programs to initiate new business and commercial investment. Specific programs include industrial development bonds, the Hawaii Investment Attraction Program, and the Hawaii High Technology Development Corporation. More

HAWAII at a glance

POPULATION: 1,374,810 (July 2011)

LABOR FORCE: 660,700 (2011 annual average)

RIGHT TO WORK: No

TRADITIONAL INDUSTRIES:Tourism, federal activity (defense- and nondefenserelated activity), agricultural products

EXPANDING INDUSTRIES: Clean/renewable energy, high technology, biotechnology, environmental remediation technology, resort architecture and engineering, retail, film and television production, ocean science and technology, seafood, diversified agriculture, sports, education and training, health and fitness services

COLLEGE GRADUATES: (Age 25 and over) 29.5% (2011)

BASIC BUSINESS TAXES:
Corporate Income Tax: 4.4 percent on first $25,000 of taxable income; 5.4 percent on income over $25,000 but not over $100,000; 6.4 percent on amount over $100,000 of taxable income

Corporate Organization and Qualification Fees: $50 for filing articles of incorporation for instate corporation or out-ofstate corporation registration ($75 for expedited processing)

General Excise (Sales) and Use Tax: Rate ranges from 0.5 percent to 4 percent of the value of gross income according to type of business; 4 percent on retail sales of goods and services (except those exported); 0.5 percent on manufacturing or wholesaling (except for exported goods and services). Effective Jan. 1, 2007, activities with a business purpose on the island of Oahu which are subject to the 4 percent GET rate are also subject to an additional 0.5 percent tax for the City and County of Honolulu's mass transit system.

Property Tax: Real property tax rates are set and collected by the four counties; commercial rate is $12.40 per $1,000 valuation in the City and County of Honolulu; $9.10 per $1,000 valuation on land in Hawaii County; $6.90 per $1,000 valuation on land in Kauai County; and $6.90 per $1,000 valuation on land in Maui County; property assessed at 100 percent of fair market value; no tax on personal property

BUSINESS INCENTIVES:
Hawaii Enterprise Zones Program (excise and income tax incentives)

Hawaii Strategic Development Corporation (venture capital)

High-Technology Development Corporation (incubator facilities and technology development)

NELHA (incubator facility in ocean and marine-related products)

Community-Based Economic Development Program (grants and loans for non-profit community- based organizations)

Business Action Center (onestop license and business registration)

Small Business Development Centers (federal business counseling program)

Foreign-trade zones (export assistance)

Investor tax incentives for new high-technology companies

Immigrant Investor Program (residency and immigration incentives)