Go to The Department of Business, Economic Development & Tourism for more on Hawaii incentives.

Tax Incentives Ease the Cost of Doing Business
Start-up costs are a big issue for companies looking to invest in new locations. Hawaii has a package of very attractive tax and other incentives to help lower your Kapolei operating costs. Check out this list and see how many ways you can add to your bottom line.

Foreign Trade Zone  www.ftz9.org
The FTZ lies outside U.S. Customs territory, and is free of US import restrictions, and most state and local use and excise taxes. James Campbell Industrial Park in Kapolei, Hawaii is a designated FTZ. The FTZ program benefits companies that import and export dutiable components and products. In many cases, these companies are able to substantially reduce their customs and tax liabilities by participating in this program.

Oahu Enterprise Zone  www.enterprisehonolulu.com
Kapolei is a designated Oahu enterprise zone, which means that eligible businesses can take advantage of state excise tax exemptions and income tax credits and local tax incentives in some cases for the first seven years of operation.

High Technology  HI Tech Hawaii
An aggressive incentives package paves the way for dynamic growth and development of high technology industries in Hawaii. Some of its extremely attractive benefits include:

• 100% tax credit for an investment up to $2 million
• ROI credit is front-loaded over 5 years
• Minimum recapture
• More companies qualify
• Refundable R&D income tax credit
• QHTB status is not required to obtain R&D tax credit
• Proceeds from royalties, patents, copyrights exempt from state tax
• Stock options exempt from capital gains and income tax
• Expands stock option income tax exclusion
• Technology infrastructure renovation tax credit
• Exemption for internet data centers
• Expands GET related party exemption
• Banks and insurance companies may participate

• Credit against taxes paid on purchase of capital goods, machinery or equipment
• No tax on inventory, furniture, equipment or machinery
• No state tax on goods manufactured for export
• Manufactured products or those produced for export are exempt from the general excise tax, including custom computer software.