Counto’s pricing structure is based on flat rates determined by your company’s annual sales/revenue, rather than the number of transactions processed. Pricing levels are aligned with your annual run rate and can be adjusted quarterly to accommodate rapid growth. All fees correspond to fiscal years, and contracts are billed annually.

Additionally, you have the option to choose a monthly payment plan for an extra 10% per month. For example, a standard $175 monthly fee billed annually would be adjusted to $192.50 when billed monthly. 

For most new businesses in Hawaii, a Limited Liability Company (LLC) offers the best combination of protection and simplicity. While we always recommend a quick chat with a tax professional to confirm the best path for your specific situation, here’s why the LLC is typically the top choice:

• Personal Liability Protection: An LLC legally separates your personal assets from your business debts. If the business is sued or has creditors, your personal savings, home, and car are protected.

• Pass-Through Taxation: Unlike a corporation, an LLC’s profits are typically “passed through” and taxed only once on your personal tax return. This smart structure helps you avoid the “double taxation” that can occur with corporations.

• Flexibility & Simplicity: Hawaii LLCs are generally more affordable to set up and have simpler ongoing compliance requirements than corporations. (Note: Most Hawaii banks will require a formal Operating Agreement to open a business bank account, which we can help you with.)

The takeaway? An LLC gives you the legal protection of a corporation with the tax simplicity of a sole proprietorship, making it the ideal foundation for most new ventures in Hawaii.

Yes, but Hawaii has specific requirements for out-of-state businesses (often called “foreign LLCs”) to operate legally. There are two main things to consider:

1. State Registration: To formally “transact business” in Hawaii, you will likely need to file for a Certificate of Authority with the Hawaii Department of Commerce and Consumer Affairs (DCCA). Operating without one can lead to back-fees and penalties.

2. Business Licensing: Separately, your industry may require specific state or county licenses to operate (e.g., a contractor’s license). The penalties for operating without the proper licenses can be severe.

 Our platform and expert team are fully equipped to manage GET filings. We help you understand your obligations, track your gross receipts accurately, and file your periodic returns on time, ensuring you stay compliant with state law.

For businesses with more complex needs, our CFO plan offers an advanced level of support, including a dedicated Slack channel for prompt and efficient communication between your business and our team. Learn more about our Virtual CFO service here.

As a Counto client, you benefit from a dedicated team that includes a Customer Success Manager (CSM), Chartered Accountant (CA), Bookkeeper, and Tax Specialist. You will have direct access to your CSM, who is always ready to assist. Whether you choose to send an email, message via SMS or call, your inquiries will be directly routed to your CSM for prompt support.

Counto is ideal for strategic-minded small businesses, startups, and SMEs in the US seeking advanced solutions beyond traditional bookkeeping. Our team leverages cutting-edge AI technology to handle your finances efficiently and cost-effectively. Once you experience our seamless financial processes, we’re confident you’ll see the lasting benefits.

Yes, tax preparation and filing are included at no extra charge in your Counto accounting plan. 

Absolutely! You can add payroll services to your Counto accounting plan at any time. Just let your Counto team know, and we’ll seamlessly integrate payroll into your existing service to keep everything running smoothly.