Open a company in New Zealand

Business in this country is considered a complex, ambiguous instrument. It requires a complex tax system to set up a company. Tax evasion in this jurisdiction leads to criminal liability.

The government of the country considers it illegal to use your own businesses in order to optimize the tax system, so it has decided to open a fight against people who break the law.

If you have decided to open a company in New Zealand, contact our company. Our experts do their best to customize the business for you.

Main advantages of New Zealand as a jurisdiction

New Zealand is not an offshore jurisdiction. The country is not on the list of offshore territories or low-tax states. The rates here are very high, although there are cases when the firm can be almost completely exempt from taxation.

Why it is profitable to register a business in New Zealand

Creating a company in the jurisdiction has the following advantages:

1. Respectability. The jurisdiction is not included in offshore zones.
2. The country has a stable political and economic situation.
3. There are numerous agreements that allow to avoid double taxation.
4. Profit received by the firm abroad is not taxed.
5. There is no currency control.

In addition, there is no smallest authorized capital, there are no requirements for its payment.

Registering a company in New Zealand: choosing the type of ownership

The country has an open economy. Its main trading partner is Australia. And both states have a special economic relationship that allows people to work without getting a visa.

Open a company in this state can be of the following types:

1. Sole Trader. A PE, is considered the simplest structure.
2. Partnership. This is a partnership, where private entrepreneurs come together.
3. Limited Liability Company. It is considered the most common form.
4. Public Company. This is a JSC, a popular form among many entrepreneurs.
5. Branch Office. Foreign Branch Office.
6. Subsidiary. Subsidiary firm.

Trust is also allowed in the country. This is a trust with a zero tax rate.

Registration of companies in New Zealand: the system of taxation

A firm in this country is obliged to pay taxes on every profit. Even on income that is earned in another country.

The income tax rate is 30% of the profits that are taxed.

A firm in the state can be used to plan the tax system. And payment of heavy taxes can be avoided if the firm is used in conjunction with a trust.

The use of agency schemes is quite ambiguous, and usually illegal. During the tax audit the firm often has problems.

How to register a company in New Zealand, get citizenship?

People from other countries can get citizenship using the following methods:

1. Employment. The government attracts qualified professionals with higher education.
2. Investment. Entrepreneurs who decide to register a company in New Zealand, make investments in the active growth of the country's economy, can also obtain citizenship.

To obtain citizenship you can also try to marry a citizen of the country.

Registration of business in New Zealand: why should you entrust the procedure to our experts?

Specialists of our company will describe all the advantages, as well as the risks of any form of ownership, registration of the company in the jurisdiction. Competent lawyers will accompany at every stage of the registration procedure.

To get detailed information, contact our firm. To do this, please use the phone, e-mail or the form on the website. In addition, we will provide free legal advice, advising you on how to do everything correctly.

All of the above.