Hawaii charges $51 to form an LLC; Vermont charges $155. Day-one sticker price is only part of the story, since most of the real cost comes from the annual obligations that stack up each year you keep the LLC open.

Over a rolling three-year window, Hawaii runs about $194 less in total state fees than Vermont. Whether that gap matters depends on whether you actually operate in one of these states or are weighing a non-resident filing.

On speed, Vermont typically clears standard online filings faster than Hawaii. Both states offer expedited tiers at an additional cost for filers on tight timelines.

For most small operators the choice is not really between these two states at all. It is between forming where the business actually operates and trying to route through a non-resident filing. The data below shows what each option actually costs.

Formation filing fee
Hawaii $51
Vermont $155
Hawaii saves $104
Year 1 total estimate
Hawaii $166
Vermont $300
Hawaii saves $134
Ongoing per year
Hawaii $115
Vermont $145
Hawaii saves $30
3-year total
Hawaii $396
Vermont $590
Hawaii saves $194

Key differences at a glance

  • Hawaii costs $104 less to form ($51 vs $155).
  • Hawaii is $30 per year cheaper to maintain ($115 vs $145).

Where each state fits

For most filers, forming in the state you actually operate from is the right call. The side-by-side below shows where the two states meaningfully diverge.

What each state offers that the other does not

Only Hawaii

  • Paid expedited tier
  • No state sales tax

Both states

  • Online filing
  • No entity-level franchise or LLC tax
  • No publication requirement
  • Operating agreement not statutorily required

Three-year cost, side by side

Rough estimate of the state-facing cost to form and keep an LLC through three years. Both totals include a $100 per year registered-agent estimate.

Hawaii Vermont
Year 1
$166
$300
Year 2
$281
$445
Year 3
$396
$590

Running total includes the one-time filing fee and annual ongoing costs (report fee or franchise tax plus a $100/year registered agent estimate).

What it costs under your specific situation

The table below runs the same LLC through four common scenarios. "Non-resident" rows assume a typical home-state foreign LLC registration adds about $200 per year of stacked cost; the real number depends on which state you live in and ranges from $50 to over $800 depending on jurisdiction.

Scenario Year 1 Each year after 3-year total
You live in Hawaii, business operates there
No foreign LLC registration needed. You pay Hawaii fees only.
$166 $115 $396
You live in Vermont, business operates there
No foreign LLC registration needed. You pay Vermont fees only.
$300 $145 $590
Non-resident forming in Hawaii with operations elsewhere
You pay Hawaii's fees plus a typical home-state foreign LLC registration of about $200 per year.
$366 $315 $996
Non-resident forming in Vermont with operations elsewhere
You pay Vermont's fees plus a typical home-state foreign LLC registration of about $200 per year.
$500 $345 $1,190

Hawaii vs Vermont: full comparison

Dimension Hawaii Vermont
Online filing
Can you file the formation document online?
Yes Yes
Online approval time
Standard, non-expedited
5 business days 3 business days
Expedited option
Paid fast-track filing
$25 Not offered
Annual report
Required in addition to tax
Required, $15 Required, $45
State-imposed annual tax
Franchise, privilege, or LLC tax minimum
None None
State income tax
On pass-through LLC income at member level
Yes Yes
Publication requirement
Newspaper publication after formation
No No
Operating agreement
Required by state statute
Recommended, not required Recommended, not required
Foreign LLC fee
Cost to register as a foreign LLC in this state
$51 $155
State sales tax
General statewide rate
None 6.0%

Taxes in Hawaii and Vermont

How each state handles entity-level tax on LLCs. Pass-through classification means member-level income tax also applies at each member's residence state.

Hawaii tax

No entity-level franchise tax on LLCs. State income tax applies to member-level pass-through income. Corporate rate 6.4%.

Vermont tax

No entity-level franchise tax on LLCs. State income tax applies to member-level pass-through income. Corporate rate 8.5%.

Ongoing compliance

The recurring filings each state requires after formation.

Hawaii

Annual report $15, due on your anniversary month. Registered agent required in Hawaii.

Vermont

Annual report $45, due on your anniversary month. Registered agent required in Vermont.

Formation process, side by side

What actually happens from the moment you start filing to the moment you're in good standing. Use this as a checklist.

Hawaii

  1. Check business-name availability on the Hawaii entity search.
  2. Appoint a registered agent with a physical Hawaii street address.
  3. File Articles of Organization for Limited Liability Company (Form LLC-1) for $51.
  4. Wait for approval. Online typically 5 business days. Paid expedite from $25.
  5. Adopt an operating agreement (recommended, not required by Hawaii statute).
  6. Apply for a federal EIN (free from the IRS).
  7. Open a business bank account to separate personal and business finances.
  8. File your first annual report and pay $15 when it comes due.

Vermont

  1. Check business-name availability on the Vermont entity search.
  2. Appoint a registered agent with a physical Vermont street address.
  3. File Articles of Organization for $155.
  4. Wait for approval. Online typically 3 business days. No paid expedite offered.
  5. Adopt an operating agreement (recommended, not required by Vermont statute).
  6. Apply for a federal EIN (free from the IRS).
  7. Open a business bank account to separate personal and business finances.
  8. File your first annual report and pay $45 when it comes due.

Before you pick either state

A few things that apply no matter which state you choose. These trip up enough first-time filers that they're worth stating explicitly.

Registered agent is non-negotiable. Both Hawaii and Vermont (and every other US state) require every LLC to designate a registered agent with a physical street address in the state of formation. You can serve as your own agent if you live in the state; otherwise a commercial agent runs $50 to $125 per year. Using your own home address makes it part of the public record.

Forming elsewhere does not escape your home state's tax. If you live and operate a business from your home state, forming the LLC in Hawaii or Vermont does not avoid your home state's income tax. The moment you transact business at home, your home state requires a foreign LLC registration, and state tax liability follows your residence regardless of where the entity sits on paper.

EIN applications are free. The IRS issues Employer Identification Numbers directly at no cost. Any service charging you to "get your EIN" is reselling a free form submission. Single-member LLCs with no employees technically don't need one for federal tax, but nearly every bank requires an EIN to open a business account.

Operating agreement matters more than the state you pick. A well-drafted operating agreement governs member ownership, management, profit splits, buy-sell terms, and dissolution. Without one, your LLC runs on the state's default rules, which are rarely what you want. California, Maine, Missouri, and New York require a written one by statute; every other state treats it as strongly recommended.

Agency contacts

Hawaii Department of Commerce and Consumer Affairs - Business Registration Division

Website
cca.hawaii.gov/breg
Phone
(808) 586-2727
Email
breg@dcca.hawaii.gov
Mail
Business Registration Division, Department of Commerce and Consumer Affairs, P.O. Box 40, Honolulu, HI 96810
Office
335 Merchant Street, Room 201, Honolulu, HI 96813
Hours
7:45 AM to 4:30 PM Hawaii-Aleutian Standard Time, Monday to Friday

Vermont Secretary of State, Corporations Division

Website
sos.vermont.gov/corporations
Phone
(802) 828-2386
Email
SOS.CorporationsSupport@vermont.gov
Mail
Vermont Secretary of State, Corporations Division, 128 State Street, Montpelier, VT 05633-1104
Office
128 State Street, Montpelier, VT 05633-1104
Hours
7:45 AM to 4:30 PM Eastern, Monday to Friday

Hawaii Department of Taxation

Website
tax.hawaii.gov
Phone
(808) 587-4242
Mail
Department of Taxation, P.O. Box 259, Honolulu, HI 96809-0259
Office
830 Punchbowl Street, Honolulu, HI 96813-5094
Hours
7:45 AM to 4:00 PM Hawaii-Aleutian Standard Time, Monday to Friday

Vermont Department of Taxes

Website
tax.vermont.gov
Phone
(802) 828-2505
Email
tax.business@vermont.gov
Mail
Vermont Department of Taxes, 133 State Street, 1st Floor, Montpelier, VT 05633-1401
Office
133 State Street, Montpelier, VT 05633-1401
Hours
7:45 AM to 4:30 PM Eastern, Monday to Friday

Frequently Asked Questions

  • Is it cheaper to form an LLC in Hawaii or Vermont?

    Hawaii is cheaper at formation ($51) than Vermont ($155). Ongoing costs are also different: $115 vs $145 per year. Total over three years: $396 vs $590.

  • Can I form an LLC in Hawaii if I live in Vermont?

    Yes, but your Vermont business will almost certainly need to register as a foreign LLC in Vermont too, which means paying Vermont's foreign registration fee and any ongoing Vermont obligations on top of the Hawaii ones. The "form elsewhere to save" math usually doesn't work for operating businesses; it only works when you have no physical operations tied to any specific state.

  • How long does it take to form an LLC in Hawaii vs Vermont?

    Hawaii online: 5 business days; Vermont online: 3 business days. Hawaii offers paid expedite from $25. Vermont does not offer paid expedite.

  • Which state has lower taxes for an LLC, Hawaii or Vermont?

    Hawaii: state income tax applies to member-level pass-through income, no entity-level franchise or LLC tax. Vermont: state income tax applies to member-level pass-through income, no entity-level franchise or LLC tax.

  • Do both states require a registered agent?

    Yes. Every US state (and DC) requires every LLC to maintain a registered agent with a physical street address in the state. Hawaii and Vermont both have this requirement. You can serve as your own agent if you live in the state; most out-of-state filers use a commercial agent for $50 to $125 per year.

  • Which state should I pick if I run an online business from home?

    Form in the state you actually live in. Your home state's Department of Revenue treats your residence as nexus regardless of where the LLC is filed, which means you owe state income tax there anyway. Forming in Hawaii or Vermont to escape your home state's tax doesn't work; it adds paperwork. The non-resident filings make sense when you genuinely operate nowhere in particular: international founders, purely passive holding entities, or real-estate LLCs owning property in other states.

Full state guides

More Hawaii and Vermont comparisons

Sources

  • Online filing portal: cca.hawaii.gov/breg/ · verified April 21, 2026
    Hawaii BREG is launching a replacement business registration portal on April 27, 2026 (the legacy hbe.ehawaii.gov system went offline April 20). The new portal URL is not yet published. Until we can confirm the new direct URL, we point filers at the BREG division homepage, which lists the live online filing entry point. Re-verify once the new portal URL is announced.
  • Business name search: cca.hawaii.gov/business-check/ · verified April 21, 2026
    DCCA Business Check is Hawaii's current live business-name search surface and remains the right entry point regardless of the BREG portal migration.
  • Filing fee: cca.hawaii.gov/wp-content/uploads/2025/12/Form-Fee-Schedule-12-2022.pd… · verified April 21, 2026
    Hawaii DCCA Business Registration Division Form Fee Schedule (Rev. 12/2022): Limited Liability Company Articles of Organization filing fee = $50.00. A $1.00 State Archives preservation fee (HRS Section 94-8) is also imposed on permanent documents collected by BREG, bringing the day-one total to $51.00.
  • Expedited filing: cca.hawaii.gov/wp-content/uploads/2025/12/Form-Fee-Schedule-12-2022.pd… · verified April 21, 2026
    Hawaii DCCA Form Fee Schedule: Expedited Review Fee = $25.00 (additional) for most LLC filings including Articles of Organization. Expedited online filings are typically processed in 1 to 3 business days per BREG guidance.
  • Foreign LLC registration fee: cca.hawaii.gov/wp-content/uploads/2025/12/Form-Fee-Schedule-12-2022.pd… · verified April 21, 2026
    Foreign LLC Application for Certificate of Authority filing fee = $50.00 plus $1.00 State Archives preservation fee = $51.00 day-one cost.
  • Operating agreement requirement: law.justia.com/codes/hawaii/title-23a/chapter-428/section-428-103/ · verified April 21, 2026
    HRS Section 428-103 (Effect of operating agreement; nonwaivable provisions) permits but does not require an operating agreement. Hawaii Uniform Limited Liability Company Act does not require a written operating agreement.
  • Publication requirement: cca.hawaii.gov/breg/registration/dllc/ · verified April 21, 2026
    Hawaii BREG LLC registration page and HRS Chapter 428 contain no publication requirement for LLCs.
  • Annual report fee: cca.hawaii.gov/wp-content/uploads/2025/12/Form-Fee-Schedule-12-2022.pd… · verified April 21, 2026
    Annual Report (Domestic/Foreign) LLC filing fee = $15.00 per Hawaii DCCA Form Fee Schedule. Due during the calendar quarter containing the LLC's registration anniversary per HRS Section 428-210. Late fee $10 per year. Authority confirmed via HRS Section 428-210.
  • Franchise tax: tax.hawaii.gov/geninfo/get/ · verified April 21, 2026
    Hawaii Department of Taxation: no franchise tax on LLCs. The General Excise Tax (GET) is a gross receipts tax, not a franchise tax. LLCs owe GET on business activity, not a separate entity-level franchise or privilege tax.
  • Corporate income tax rate: taxfoundation.org/location/hawaii/ · verified April 21, 2026
    Hawaii corporate income tax: 4.4% on income up to $25,000, 5.4% on $25,001 to $100,000, 6.4% on income above $100,000. Record top marginal rate 6.4% as the income-only max. LLCs that default to pass-through do not owe this tax.
  • Sales tax rate: tax.hawaii.gov/geninfo/get/ · verified April 21, 2026
    Hawaii has no retail sales tax. The General Excise Tax (GET) at 4% state plus 0.5% county surcharge is a gross receipts tax on the business. Recorded salesTaxRate as 0 per schema convention (statewide retail sales rate). GET nuance captured in taxes.notes.
  • Business name search: hbe.ehawaii.gov/documents/search.html · verified April 21, 2026
    Hawaii Business Express (HBE) document and entity search. Confirm name availability before filing. Note: HBE is being replaced by a new BREG portal on April 27, 2026; URLs may update.
  • Certificate of Formation form: files.hawaii.gov/dcca/breg/registration/forms/llc-1.pdf · verified April 21, 2026
    Official Form LLC-1 Articles of Organization for Hawaii LLC, published by DCCA Business Registration Division. Can be filed online via HBE, by mail, fax, email, or in person.
  • Filing fee: legislature.vermont.gov/statutes/section/11/025/04012 · verified April 21, 2026
    11 V.S.A. §4012(a)(1): Articles of organization filing fee is $155.00. The fee was raised from $125 to $155 by 2023 Act 77 §37, effective June 20, 2023. Domestic LLC formation is filed through the Vermont Business Services Division online portal or by paper delivered to the Secretary of State.
  • Expedited filing: sos.vermont.gov/corporations/ · verified April 21, 2026
    Vermont does not publish a formal expedited service tier for LLC filings. Online submissions through bizfilings.vermont.gov are generally processed within a few business days. The Secretary of State's Corporations Division has not promulgated fee rules for 24-hour or same-day expedited service comparable to Maine or Delaware. Recorded as not offered.
  • Annual report fee: legislature.vermont.gov/statutes/section/11/025/04012 · verified April 21, 2026
    11 V.S.A. §4012(a)(15): Annual report of a domestic limited liability company fee is $45.00 (raised from $35 by 2023 Act 77 §37, effective June 20, 2023). §4012(a)(16): Annual report of a foreign LLC is $170.00. Report due date is set by 11 V.S.A. §4033(c): within three months after expiration of the company's fiscal year.
  • Foreign LLC registration fee: legislature.vermont.gov/statutes/section/11/025/04012 · verified April 21, 2026
    11 V.S.A. §4012(a)(2): Application for certificate of authority (foreign LLC registration) filing fee is $155.00, raised from $125 by 2023 Act 77 §37. Same fee as domestic formation.
  • Operating agreement requirement: legislature.vermont.gov/statutes/section/11/025/04003 · verified April 21, 2026
    11 V.S.A. §4003 governs the effect of the operating agreement. The operating agreement regulates the affairs of the LLC and may be stored or depicted in any tangible or electronic medium per §4001(20). Vermont statute does not require LLCs to adopt a written operating agreement; default chapter rules apply when no operating agreement exists.
  • Publication requirement: legislature.vermont.gov/statutes/chapter/11/025 · verified April 21, 2026
    11 V.S.A. Chapter 25 (Vermont Limited Liability Company Act) contains no newspaper publication requirement for LLC formation. Not required.
  • Corporate income tax rate: tax.vermont.gov/business/corporate-income-tax · verified April 21, 2026
    Vermont Department of Taxes Corporate Income Tax: graduated rate of 6.00% on the first $10,000 of Vermont net income; 7.00% on the next bracket to $25,000; 8.50% on income above $25,000. Top marginal corporate rate is 8.5%. Applies to C-corporations and to LLCs that elect C-corp treatment.
  • Sales tax rate: tax.vermont.gov/business/sales-and-use-tax · verified April 21, 2026
    Vermont Department of Taxes Sales and Use Tax: statewide sales tax rate is 6.0% on retail sales of tangible personal property unless exempted. Local option sales tax of 1% applies in select municipalities but is not included in the statewide rate. Meals and rooms tax and alcoholic beverages tax are separate.
  • Franchise tax: tax.vermont.gov/business/corporate-income-tax · verified April 21, 2026
    Vermont does not impose a franchise tax on LLCs. A $250 corporate minimum tax applies under 32 V.S.A. §5832 to C-corporations (and to LLCs that elect C-corp tax treatment), not to pass-through LLCs. Recorded as applies: false with nuance in taxes.notes.
  • Business name search: bizfilings.vermont.gov/online/BusinessInquire · verified April 21, 2026
    Vermont Business Services Division business inquiry portal. Use to confirm name availability before filing Articles of Organization.
  • Online filing portal: bizfilings.vermont.gov/online/Account · verified April 21, 2026
    Vermont Business Services Division online filing portal (Corporations Online Filing System, COFS). Most filings can be completed online with credit card payment. Paper filings accepted at 128 State Street, Montpelier. Typical online approval is 1 to 3 business days.