New Zealand Company Registration: Main Facts & Information

In 2011 and 2010 research conducted by the World Bank confirmed that New Zealand held the third best rank in the world for the ease of doing business in the country. The same research indicated that New Zealand held the top position for the ease of starting a business and protecting investors. According to Transparency International, NZ is among the countries with lowest corruption levels in the world. New Zealand is also ranked first in the Global Peace Index, third on the Human Development Index, fourth on the Economic Freedom Index, and one of the 7 most stable states in the world according to the international Failed States Index.

Our New Zealand Comapny Registration packages started from NZD 290.00 only. Contact us for more information

New Zealand Limited Liability Company registration requirements

Min number of directors
One
Min number of shareholders
One
Min number of shares
One
Min value of shares
NZ$ 1.00
Corporate directorship
Not allowed
NZ residential Director
Not Required
NZ residential Shareholder
Not Required
Corporate shareholding
Allowed
Secretary Service
Not Required
Registered Office
Required in NZ; PO Boxes and collect mail addresses are not allowed.
Address for Service
Required in NZ; PO Boxes and collect mail addresses are not allowed.
Address for Communication
Anywhere in the world
Statutory document keeping requirements:
7 years for most important corporate documents, in the Registered Office.
Audit requirement
Required for companies if 25% (or more) of the share holding is by overseas corporate entities; for large companies, etc.
Identity Verification process
Notarised copy of passports for all directors and shareholders, and originals of signed Consents Forms.
Time of company registration
From 2 hours to 3 working days.
Registration process
Easy

Current New Zealand Corporate Tax Rates

Corporate
28%
Capital gains
0%
Inheritance
0%
Gift duty
0%
New Zealand Foreign Trust (NZFT)

Only income derived in New Zealand is assessable for taxation, and genuine offshore transactions are not subject for NZ taxation. Effective NZ income rate for non-NZ sourced income for NZFT – 0%

New Zealand Limited Partnership (LP or NZLP)

Only income derived in New Zealand is assessable for taxation for non-New Zealand Limited Partners, and all genuine offshore transactions are not subject to NZ taxation. Effective NZ rate for non-NZ sourced income for Limited Partner in the LP – 0%

New Zealand Trustee Company for NZFT

Only income derived in New Zealand is assessable for taxation and genuine offshore transactions are not subject for NZ taxation for Trustee Company operating on behalf of NZFT. Effective NZ rate for non-NZ sourced income on Trustee Company for NZFT – 0%

NZ is entered into Free Trade Agreements with

Australia
Closer Economic Relations Agreement
China
New Zealand – China Free Trade Agreement (the very first and currently the only Western county entered in Free Trade Agreement with China)
Hong Kong
Hong Kong-New Zealand Closer Economic Partnership
Singapore
Trans-Pacific Strategic Economic Partnership auxiliary to New Zealand and Singapore Closer Economic Partnership
Thailand
New Zealand and Thailand Closer Economic Partnership
Malaysia
New Zealand – Malaysia Free Trade Agreement
Brunei
Trans-Pacific Strategic Economic Partnership
Chile
Trans-Pacific Strategic Economic Partnership
Brunei, Burma (Myanmar), Cambodia, Laos, Vietnam
Association of Southeast Asian Nations

NZ entered in Double Taxation Agreements with

Australia, Austria, Belgium, Canada, Chile, People’s Republic of China, Czech Republic Denmark, Finland, Fiji, France, Germany, Indonesia, India, Ireland, Italy, Japan, Korea, Malaysia, Mexico, Netherlands, Norway, Philippines, Poland, Russian Federation, Singapore, South Africa, Spain, Sweden, Switzerland, Taiwan, Thailand, United Arab Emirates, United Kingdom, United States of America

Inland Revenue registration

All companies must be registered with the New Zealand Inland Revenue Department (IRD) and have their own IRD number. Tax returns are required annually, if company has committed business in NZ or overseas. Companies which have not carried out business or any taxable activity by the end of the fiscal year, may request Non-Active Status.

Companies must be registered for Goods and Service Tax (GST) if their turnover was over $60,000 in the last 12 months, or is expected to exceed $60,000 for the next 12 months.

Goods and Services Tax (GST)

Local goods and services
15%
Exported goods
0%
Goods not in New Zealand at the time of supply
0%
Services performed outside New Zealand
0%
Imported services
0%
March 25th, 2011