New Zealand Company Setup


Introduction

There is great flexibility in the incorporation and management of a New Zealand Company. It has no capital requirements and has a simple and fast incorporation procedure. With no annual government fees a New Zealand Company can be very cost effective. If 25% or more of the shareholding is overseas there is an obligation to file annual financial accounts.

 

Incorporating requirements

Directors

Minimum of 1 directors required, of which 0 must be residents.
Corporate directors are not permitted.
Director's meetings are not required
There is a public director's register
Other notes: none

Secretaries

Minimum of 0 secretaries required, who need not be residents.
Corporate secretaries are not permitted.
There is not any requirement for secretaries to hold a professional qualification
Other notes: none

Shareholders

Minimum of 1 shareholders required
Corporate shareholders are permitted.
There is a public shares register
Bearer shares are not permitted.
No par value shares are not permitted.
Usually the Authorised share capital is 100 shares of NZD1 each.


Miscellaneous

Where some or all of the shareholders are nominees, the ultimate beneficial ownership of the shares does not have to be declared to the authorities.
A registered agent is required.
An annual return is required.

 

Incorporation FeePlease see Our Fees Schedule 

The package fee includes government fees, local secretary fees, local agency fees, registered office fees and our service fees, and have the following after incorporation: a) certificate of incorporation b) Original formation documents and minutes c) Five copies of M & A


Incorporation Time: 1-2 Weeks