What are the registration requirements for New Zealand companies?

Conditions for the establishment of a New Zealand company:

A legal person can be a citizen of any country in the world.

The company shall include at least one shareholder and one director as participants.

The same person can be the owner and beneficial owner of the company.

There is no restriction on the nationality of the participants.

The company name should include limited company or? (limited).

The name should not contain any reference to the royal family, nor should it imply any relationship with public authorities. It is forbidden to use names related to certain occupations.

The registered office of the company shall be located in New Zealand.

The minimum registered capital has not yet been determined.

The meeting should be held once a year.

Information about shareholders, directors and company reports is public.

Organizational form of entities registered in New Zealand

Sole proprietor;

Partnership;

Limited liability company;

Public joint-stock company;

Branches of foreign companies;

A subsidiary of a foreign company;

Joint venture;

Legislative framework. According to 1993 Company Law, offshore companies and enterprises are registered in New Zealand.

Taxes in New Zealand

Companies that do not engage in entrepreneurial activities in New Zealand are exempt from tax;

Other enterprises pay a maximum of 28% tax;

The average corporate income tax is 33% (or 19.5% and 39%);

Commodity tax-12.5%.

How to register a company in New Zealand?

Step 1: Choose the best business structure.

According to the requirements of business activities and long-term business objectives, choose the appropriate company type.

Step 2: Keep the company name that needs to be registered.

Feasibility of searching for the preferred company name through the early arrival of ONECHECK staff from the Ministry of Commerce, Innovation and Employment (MBIE).

Then, you will continue to use the online service account of the Companies Registry to keep the selected name. ?

Step 3: Meet all pre-registration requirements.

. To do business in New Zealand, you need a local resident director. If necessary, you can assist in recruitment.

Need to prepare the submitted documents, provide suggestions and assist in completing these documents. These documents include:

. articles of incorporation

. Address proof

. Personal data of directors and shareholders

. Company contact information

. other

Step 4: Register a company in New Zealand:

. After all the documents are ready, you can submit them to the company registry together with the application form.

. In the same application process, enterprises can obtain domestic tax number and goods and services tax (GST) number through tax registration:

. You can complete the registration process online without going to New Zealand.