New Zealand is situated in Australasia and therefore is not restricted by the European Union regulations. There is good accessibility by air travel and New Zealand also has the time zone advantage of same day access to Asia and parts of America.
New Zealand has a highly reputable business community, enjoying the presence of some of the world's leading banks together with reputable legal and accounting firms. New Zealand prides itself with being at the forefront of industry when it comes to the provision of facilities for e-commerce possessing, well developed Internet data centres and internet service providers, together with the necessary supporting telecommunications systems.
Key Corporate Features & Requirements
General
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Type of entity: Limited by Shares
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Type of law: Common
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Time to establish a new company: 2-5 days
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Minimum government fees (excluding taxation): NZ$60
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Corporate taxation: 28%
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Double taxation treaty access: Yes, comprehensive list of countries
Share capital or equivalent
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Standard currency: New Zealand dollar ($)
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Permitted currencies: Any
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Minimum issued capital: One
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Usual authorized: N/A
Directors or Managers
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Minimum number: One
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Local required: No
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Publicly accessible records: Yes
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Location of meetings: Anywhere
Members
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Minimum number: One
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Publicly accessible records: Yes
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Location of meetings: Anywhere
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Minimum number of meetings: One annually
Company Secretary
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Required: N/A
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Local or qualified: Personal, local or overseas
Accounts
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Requirement to prepare: Annual Return filed. Company must maintain proper records.
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Audit requirements: Yes
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Requirement to file accounts: Payment of Annual Government fee, Directors, Shareholders & changes
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Publicly accessible accounts: Yes
Other
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Requirement to file annual return: Annual Return filed. Company must maintain proper records.
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Change in domicile permitted: Yes
Are you interested in setting up a company in New Zealand? Then contact us by filling in the form below.