Why Invest in Hawaii?

Hawai‘i warmly welcomes businesses seeking to expand or relocate here, providing various incentives for establishing operations in the islands. In addition to the high quality of life, advantageous geographic location and multicultural environment, Hawai‘i has a robust entrepreneurial and innovation ecosystem, supportive tax climate, business friendly initiatives and resources from the Department of Business Economic Development and Tourism and our partners.

Entrepreneurial and Innovation Ecosystem

Hawaii’s strong entrepreneurial-minded community means you’ll have a support system of like-minded individuals invested in seeing businesses grow and succeed. Hawaii is home to award-winning accelerators, coworking spaces, and programs for growing businesses.

Economic Opportunities

Hawaii is making exciting headway in renewable technology, specialty agriculture, and has become a major hub for Asian-pacific affairs. Our state is uniquely positioned to lead the nation in these sectors and other emerging industries.

Assets

Hawaii’s strong banking and educational system, along with military and a growing tech sector contribute to a healthy business environment.

Tax Climate

Hawaii’s tax incentives include no personal property tax, no taxes on goods manufactured for sale outside of Hawaii, and no tax on stock transfers and unincorporated businesses.

Business Incentives and Programs

Business friendly initiatives like the Hawaii State Trade Expansion Program (HiSTEP) and programs to boost R&D, like the Hawaii Small Business Innovation Research Program (SBIR) make the Aloha State a great place for businesses to grow your company and export goods and services.

We are here to support you!

DBEDT and the State of Hawaii have several programs and divisions designed to help businesses achieve success in Hawaii. Check out the links below to learn more about investing in Hawaii or contact Mark Ritchie at mark.j.ritchie@dbedt.hawaii.gov

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