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Do I Acquire a Hawaii Shelf Company or a Shelf Company From Another State?

Please consider these issues:

Fees

When acquiring any shelf company, you are paying the fees that the previous owner paid, maintenance fees plus a premium. This means that a quality shelf company from Hawaii is extraordinarily high because of the incorporation and maintenance costs.

On the contrary, a company from Montana, Wyoming or New Mexico cost less to form and maintain. Therefore, the cost of the shelf company is less by acquiring one out of Montana, and then filing the company in Hawaii; as a foreign corporation.

Business Licenses & Reports

Further, Hawaii requests that the owners are disclosed on annual reports and licenses. Lacking these Hawaii licenses are a problem when applying for corporate credit. And since these licenses (if they would exist), don’t have your name on them, a change of ownership is evident.

The states of Montana, Wyoming and Mexico don’t ask for information on the owners of the companies. Therefore, any change of ownership is not reported. Remember that a change of ownership may be reset the date of the shelf corporation or shelf LLC.

Answer: Buy a Shelf Corporation Foreign to the State of Hawaii.

This is the best solution for several reasons:

  • The company costs less to acquire.
  • A change of ownership is not reflected when the shelf company is acquired.
  • Maintenance costs are lower in Wyoming and New Mexico. Maintenance costs with the Hawaii Secretary of State are too high. This means you pay less with a shelf company from Wyoming or New Mexico.
  • When the WY or NM company files, as a foreign corporation or foreign LLC in Hawaii, it appears that the company is expanding into that state.

Would you like a list of the available shelf companies from Montana, Wyoming and New Mexico? Please request the list here.

Aged Shelf Corporations and LLC’s Offer No Tax Advantages. We’re Not Attorneys. We’re Not Tax Advisors.

Hawaii

Main State Website
Georgia Corporations & LLC’s

Quick Links

Hawaii Secretary of State Contact

  • 2 MLK, Jr. Dr. Suite 313, Floyd West Tower Atlanta, GA 30334-1530

  • (404) 656-2817

  • E-Mail

Hawaii Incorporation Fees

Hawaii Incorporation Forms and Documents

Guide from Asset Profile to building corporate credit including bureau file setup and vendor account requirements
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Shelf Corporations and Shelf LLC’S

  • Aged Corporations

  • Delaware Shelf Company

  • Non-profit shelf company

  • Convert a Nevada Corporation to a Wyoming Corporation

  • Shelf companies with EIN

  • Shelf companies with established corporate credit

Basic Operations

  • How to open the bank account

  • Wyoming Registered Agents, Annual Reports and Mail Forward FAQ

  • Asset Protection

Repair Personal Credit

  • How to repair personal credit

Build Corporate Credit

  • The DUNS number. What’s it for? How to get one for free.Quick test in building corporate credit

  • Quick test in building corporate credit

  • How to improve your company’s credit score.

  • Build Corporate Credit: Basics and what to avoid

  • Accruint Business Credit Profile

  • Better Business Bureau

  • BusinessCreditUSA

  • BusinessCreditFacts.com

  • Credit.net Credit Profile

  • Dun and Bradstreet Profile: D&B Paydex Scores: How to get an 800

  • Experian Credit Profile

  • Equifax Credit Profile

  • Corporate Credit Score

  • Build Corporate Credit Q&A

  • Increase your chances of getting a small business loan

  • Dunn and Bradstreet Report
  • Credit card mistakes that could hurt your small business
  • Different Ways to Fund Your Business
  • Seeking a Bank Loan; Tips to Review
  • Increase the Speed of Cash Flow
  • Mistakes to Avoid When Pitching Your Idea
  • How to Prepare for Emergency Expenses
  • Startup Funding for Small Business
  • Establishing Business Credit
  • Financial Ratio Analysis
  • How to select the right investor for your business idea
  • How to Improve Your DNB Report
  • Cost-benefit analysis
  • Advantages and Disadvantages of Financial Leverage
  • What lenders look for on a credit application
  • How to deal with credit fraud in business
  • How to fill out a business credit application
  • Benefits of credit insurance

Warning on California Corporations & California LLC’s

  • Directors and Officers may be held liable for the debts of a California corporation or California LLC.

Thoughts on Success

  • Thoughts on wealth, success and your small business.