|Tax Status: Onshore Jurisdiction with fully taxable companies.
Advantages: Much like Australia, purchasing a shelf company or incorporating a new business in New Zealand can be beneficial both in terms of business efficiency and reputation. Being one of the easiest places to do business worldwide, New Zealand is an attractive market offering a small market, but one with fantastic global connections and Free Trade Agreements.
Disadvantages: There are very strict compliance, accounting and liability requirements for New Zealand companies. We would always recommend that you appoint a local accounting firm to assist with taxation and compliance.
Directors and Shareholders: New Zealand Companies may have foreign Directors and Shareholders, however having overseas ownership may require Annual Audited Accounts to be completed by a qualified Auditor. We have Personal and Corporate Nominee Directors and Shareholders available for our shelf companies on a case by case basis only.
Banking: A wide range of major Australasian and international banks are available to provide domestic and international banking services. We can assist with account applications, however a company director must visit the bank in person before any account can be opened.
Accounting Requirements: New Zealand has a comprehensive tax structure, which will require local expertise to navigate. For general information, visit the New Zealand Inland Revenue Department (IRD) website at:
Annual Requirements: There is no annual fee payable for maintaining a New Zealand Company, however an Annual Company Return and Tax Return must be filed, plus costs for Registered Office / Agent, Nominee Directors and Shareholders, plus accounting costs.
Recommended Use: We recommend New Zealand as a place to set up a locally trading business, or as a branch office of an existing company, looking for more global exposure. It can be used for tax planning in conjunction with overseas companies.
Due Diligence: To comply with legal requirements in your jurisdiction of choice, before we can supply any ready-made ‘shelf’ or pre-incorporated Company, IBC or LLC to you, we will require identification of the beneficial owner such as passport copy and proof of address. Specific details will be provided upon application, depending on your full requirements.
DISCLAIMER: Please note that we do not give legal advice. We assist to incorporate and maintain companies, sell pre-existing or ready-made shelf companies and provide nominee directors and shareholders. We accept no responsibility or liability for the actions of those operating the companies that we sell. Liability and responsibility remains with the beneficial owner or end user of the company.