Registration of companies in New Zealand
from 1153.95 c.u
The Kingdom of New Zealand today attracts investors from all over the world, receiving the status of one of the most promising areas for doing business.
The state itself is located in the southwestern part of the Pacific Ocean, located on two islands and including many smaller islands. Today the country is a constitutional monarchy.
From an economic point of view, New Zealand is a highly developed economy and has historical ties with Great Britain that are still strong today. That is why, as an offshore zone, New Zealand is not included in the “black lists” of countries and offers a lot of benefits and privileges for foreign capital.
Why is it profitable to register a company in New Zealand?
- High level of stability in many areas
- No currency control
- No need to submit monthly accounting reports
- Developed banking sector
- Encouragement of entrepreneurship
What forms of companies are most developed?
The legal forms of companies in New Zealand are quite similar to classic types in Great Britain, but often the regulation and reporting requirements are more lenient.
The main forms include the following:
- Private enterprise
- Various types of partnerships
- Limited liability company
- Joint-stock company
- Subsidiary of a foreign company
- Trust
Registration of companies in New Zealand is regulated by a number of laws and usually takes a short time. Our specialists will be happy to advise you on all issues of interest and guide you on what type of company should be considered in your particular case.
How long does it take to register a company?
In case of correct execution of all documents the entire process takes an average from 2 to 3 weeks.
Rules for registering a company in New Zealand
In general, the registration process does not take much time, however, it is important to pay attention to some subtleties of the process itself. Our lawyers have extensive experience working with a variety of companies, so we can solve any problem in the shortest possible time.
The main features of an offshore company registration in this country include the following:
- Any individual (both resident and non-resident) can be a founder
- The beneficiary and the owner can be one person
- There are features of the company name (inclusion in the name of the form of ownership)
- Company office shall be located in the country of incorporation
- Part of the information is public (depending on the form of the company)
- Authorized capital can be any
There are some other subtleties regarding the conduct of business activities of companies in New Zealand, but they are directly related to the form of ownership of the company.
Some features of accounting
New Zealand, like any other country, has its own peculiarities in accounting. In order not to overpay for unnecessary operations, we recommend that you approach the issue of choosing the appropriate type of company very carefully.
The main points include the fact that companies submit annual reports and disclose income in the balance sheet.
If you need help with bookkeeping and submission of various forms of puffiness, you can contact our specialists for a detailed free consultation.
Taxes and taxation
Although New Zealand is not an offshore zone in the classical sense, there are many benefits and tax breaks for foreign companies.
Thus, some companies may be generally exempted from paying taxes, subject to certain requirements.
You can get a free consultation from our lawyers today and easily open a company in New Zealand within the time frame you need.
