Frequently Asked Questions
What is the process for forming a company in New Zealand?
- Choosing a company name and ensuring it is available for use
- Filing the Memorandum and Articles of Association with the Companies Office of New Zealand
- Appointing directors and shareholders
- Depositing the minimum share capital in a bank account
- Obtaining any necessary licenses or permits
- Registering for taxes and social security
What are the benefits of incorporating a company in New Zealand?
- New Zealand has a stable and well-educated workforce and a strong economy.
- New Zealand offers a favorable tax environment for companies and individuals, with a corporate tax rate of 28%
- New Zealand has a modern and flexible legal framework for companies.
- New Zealand has a good reputation for providing financial services and has a strong regulatory framework.
What are the requirements for directors and shareholders of a New Zealand company?
- A minimum of one director is required for a New Zealand company.
- At least one director must be a resident of New Zealand.
- The minimum share capital required for a New Zealand company is usually NZD 1
What are the ongoing compliance requirements for a New Zealand company?
- New Zealand companies are required to file annual financial statements with the Companies Office of New Zealand.
- New Zealand companies are required to hold an annual general meeting and to keep accurate records of their meetings and resolutions.
- New Zealand companies are required to appoint a legal representative and maintain a registered office in New Zealand.