New Zealand

 

Type of company	LTD
Disclosure of Beneficial Ownership to Government Authorities	No
Tax on Profits	33% (Nil – special conditions apply)
Corporate Legislation	Companies Act 1993

 

Min. No. of Shareholders	1
Min. No. of Directors	1
Min. Share Capital	NZD 1.00
Corporate Directors Allowed	Yes
Nominee directors allowed	Yes
Nominee shareholders allowed	Yes
Company Secretary Required	Optional
Standard Authorised Share Capital	NZD 10,000.00
Bearer Shares Allowed	No

 

Local Registered Office	Yes
Local Registered Agent	Yes
Local Company Secretary	No
Local Directors	No
Local Shareholders	Yes
Local Meetings	No
Government Register of Directors	Yes
Government Register of Shareholders	Yes

Annual Return	Yes
Annual Accounts	Yes
Tax Return	Yes

• Can not do banking, insurance without special license.
• Naming Restrictions – In line with global norms, prohibited words include, for example “Bank” and “Building Society”, and the registry has discretion to reject names that are indecent, offensive or misleading.

• Fast incorporation procedures and simple ongoing administration.
• Reasonable formation and maintenance fees.
• Confidentiality.
• New Zealand LTD’s may engage in any lawful business in any country and may carry on transactions in whatever currencies they choose.
• Shareholders can be either corporate entities or natural persons, residents of New Zealand.