| New Zealand Company Formation |
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In Healy Consultants' professional opinion, New Zealand company formation is an attractive, tax-efficient way to conduct international trading. The following information will help you determine whether New Zealand company formation is the optimum corporate structure to fulfill your corporate objectives:
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| Advantages of New Zealand Company Formation | ||||||||||
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New Zealand company formation is an excellent corporate vehicle to promote to customers, suppliers and investors due to the positive image portrayed by the New Zealand company formation. |
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Healy Consultants will open a corporate bank account to support New Zealand company formation. Healy Consultants works with internationally recognised banks such as HSBC, Standard Chartered and Citibank to provide corporate bank account services. For more information, refer also to Healy Consultants' New Zealand corporate bank account page. |
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If properly structured, a New Zealand non-resident company is legally tax-exempt (see Healy Consultants' Tax Planning in New Zealand page). Furthermore, there are no minimum paid up capital requirements with New Zealand company formation. In addition, New Zealand is positively ranked as the world's 4th-freest economy, and scores at 80% in terms of investment freedom and capital flows according to the 2010 Index of Economic Freedom by The Heritage Organisation, a measure of freedom enjoyed in business, trade, monetary, financial, investment and labour markets. |
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| 5. | A minimum of one director and one shareholder is required for New Zealand incorporation. Corporate shareholders are permitted, though corporate directors are not. 100% foreign ownership is permitted. |
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| 6. | In its 2009 World Competitiveness Yearbook, the Switzerland-based IMD positively ranks New Zealand as the world’s 15th most competitive economy. The ranking takes into account factors including economic performance, government efficiency, business efficiency and infrastructure. New Zealand also ranks as the world's 20th most
competitive economy in the
World Bank's Global Competitiveness Report 2009-2010. |
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| 7. | New Zealand business set up is straight forward. According to the World Bank's Doing Business 2010 Survey, New Zealand is ranked second in the world in terms in ease of doing business (see Healy Consultants' New Zealand company set up page). The survey measures factors including the procedures for starting a business in New Zealand, time, cost and minimum capital required to start a business. Furthermore, New Zealand is ranked as the world's least corrupt country in the 2009 Corruption Perceptions Index by Transparency International, a global measure of corruption amongst public officials and politicians. New Zealand is also ranked 20th by the World Economic Forum in its Global Competitiveness Report 2009-2010. |
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Disadvantages of New Zealand Company Formation |
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Following New Zealand company incorporation, the register of directors and shareholders is available for public viewing. |
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A resident New Zealand company is subject to a corporation tax of 33% on income sourced in New Zealand and globally. whether income is sourced in New Zealand or internationally (see the Inland Revenue Service website). |
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Following New Zealand company set up, annual audited financial statements and a tax return must be submitted to the New Zealand authorities. Healy Consultants assists clients efficiently and effectively to complete this annual statutory obligation. |
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| Contact Us | ||||||||||
For more information on New Zealand company formation, contact email@healyconsultants.com or call us at (+65) 6735 0120 |
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| Back to Asia Pacific Company Incorporation page or back to Home page. | ||||||||||
Buy the New Zealand Chapter of Healy Consultants' Asia Business Set Up book, to order call +65 6735 0120 or e-mail info@healyconsultants.com
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NEW ZEALAND NEWS |
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N.Z. Economy Loses Momentum, Brings June Rate Rise Into Favor |
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