New Zealand (or officially – the Kingdom of New Zealand with its capital in Wellington) is located in the Polynesian Triangle, in the Pacific Ocean.
And only the western coast is washed by the waters of the Tasman Sea. This is truly a land of contrasts: volcanoes and glaciers, subtropical forests, and snow-capped mountains coexist here in an amazing way.
New Zealand’s two main islands, North and South, are separated by the Cook Strait. Another, Stewart Island, is located to the south.
Other islands belonging to New Zealand include Tokelau, Chatham, and Kermadec. About 800 small islands also belong to the kingdom, but most of them are uninhabited. The area of the territory of New Zealand is more than 260 thousand km2.
The relief of the islands is different. For example, the highlands of the Southern Alps on the South Island are replaced by the flatter landscapes of the North Island.
The climate in the main part of the territory of New Zealand is subtropical, marine. The climate of the rest of the territories is temperate. The natural and animal world is distinguished by the diversity and uniqueness of many species.
New Zealand today is very popular as an offshore zone, which is not included in the corresponding “blacklists”. Therefore, a fairly large number of entrepreneurs from all over the world are seeking to register an offshore company in New Zealand.
Forms of doing business in New Zealand
- Limited Liability Company;
- Open Joint Stock Company;
- Branch of a Foreign Company;
- A subsidiary of a Foreign Company;
- Joint Venture;
- The legislative framework.
Registration of offshore companies and businesses in New Zealand is carried out based on the provisions of the Companies Law of 1993.
Offshore registration in New Zealand: features
- Founders can be residents of any country in the world;
- At least one shareholder and one director must be part of the company;
- The same person can be the owner and the beneficiary of the company;
- There is no restriction on the citizenship of the participants;
- The name of the company must contain the words Limited (Ltd.);
- The title should not contain any mention of the royal family, a hint of a connection with government agencies. It is also prohibited to use a name that is associated with certain types of professions;
- The registered office of the company must be located in New Zealand;
- The minimum authorized capital is not defined;
- Meetings are held annually;
- Information about shareholders, directors, company reports is openly available;
- You can register an offshore company in New Zealand within three weeks.
Taxes in New Zealand
- Companies not doing business in New Zealand are tax-exempt;
- Other businesses pay up to 28% in tax;
- The corporate income tax is on average 33% (or 19.5% and 39%);
- Goods tax – 12.5%.
Accounting in New Zealand
- A company in New Zealand submits an annual report;
- The company, the number of non-resident founders of which is over 51%, submits audit reports annually;
- The balance sheet and annual statement disclose the company’s earnings
It is now easy to register an offshore company in New Zealand. Business registration in various countries of the world is one of the main directions of our work. Start a successful business by registering an offshore company in New Zealand.
Set of documents
- Certificate of Incorporation
- Certificate record information currently filed on the New Zealand register of companies
- Applicants Certificate for Constitution
- Apostille of the confined set of copies of Сonstitutive documents
- Application for registration of a Company
- Approval and Certificate of Director or Directors of proposed Company
- Consent of Shareholder or Shareholders
- Resolution signed by all Directors
- Resolution signed by all Shareholders
- Register of Directors
- Register of Shareholders
- Interests Register (Appendix 7)
There is a favorable background for creating and running a business in the kingdom and several significant advantages:
- calm political situation;
- a positive image of New Zealand in the world market;
- high level of banking and legal services;
- lack of monthly accounting reports and state currency control;
- convenient and simple tax policy;
- quick registration;
- easy execution of financial statements and documents;
- the size of the authorized capital can be any;
- stable economic conditions, etc.