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Tax CreditHawaiiActiveVerified

Hawaii High Technology Business Investment Tax Credit

Hawaii Department of Taxation (DOTAX)HI-HITECHRefreshed 1 month ago
Do I qualify?
Who can apply

Businesses

Government-funded

Max funding

Varies

Amount varies

Type

Tax Credit

Reduces tax liability

Deadline

Rolling

No fixed cutoff

Timing

Annual tax return

Claim with year-end filing

Complexity

Moderate

File with tax return

About This Program

Provides a 35% tax credit for qualified investments in Hawaii high-technology businesses. Designed to attract venture capital and angel investment into the state's growing tech sector.

Key Requirements & Eligibility

  • 1Investment must be in a qualified high-tech business headquartered in Hawaii
  • 2Eligible sectors: software, biotech, nanotech, ocean sciences, astronomy
  • 3Credit: 35% of investment, capped per investor per year
  • 4Qualifying business must derive 75%+ of gross income from high-tech activities
  • 5Tax credit certificate issued by DOTAX upon application

Do I qualify?

Answer the questions below for a rules-based self-assessment of your fit for this program. This is informational — final determinations are made by the administering agency.

0 of 5 answered

1.Investment must be in a qualified high-tech business headquartered in Hawaii

2.Eligible sectors: software, biotech, nanotech, ocean sciences, astronomy

3.Credit: 35% of investment, capped per investor per year

4.Qualifying business must derive 75%+ of gross income from high-tech activities

5.Tax credit certificate issued by DOTAX upon application

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