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All About Company Incorporation In New Zealand

  1. A New Zealand LLC can be setup within a week with a minimum paid up share capital of US$1;
  2. Healy Consultants is experienced in helping Clients setup the company without having them to travel for formalities;
  3. Only one shareholder and one director are required for incorporation. They can be of any nationality;
  4. New Zealand company laws permit 100% foreign ownership and allows entrepreneurs to venture in any economic sector of New Zealand;
  5. Corporate tax rate for a New Zealand company formation is a flat 28% on profits;
  6. A local subsidiary of a foreign firm is taxed only on its NZ resident income while a local New Zealand company formation is taxed on its worldwide income;
  7. Offshore companies and an offshore Financial Service Provider (FSP) are legally tax exempt in New Zealand; 
  8. GST (Goods and Services Tax) or VAT is set at 10%;
  9. New Zealandcompanies are subject to removal of tariffs on 99% of exports from the country to ASEAN countries;
  10. The government does not levy any capital tax or stamp duties on resident firms;
  11. Repatriation of capital and profits is easy since there are no exchange controls in New Zealand;
  12. Personal taxes are progressive and lie between 10.5% to 33% on annual earning;
  13. New Zealand has a number of Free Trade agreements with countries like China and Australia. This facilitates resident companies to access these large consumer demand-driven markets;
  14. New Zealand has consistently been ranked the least corrupt country and hence the foreign entrepreneurs can depend on the local laws to resolve all business disputes legitimately;
  15. A New Zealand company must pay Fringe Benefits Tax (FBT) on all benefits provided to employees.

Contact:

Aidan Healy

Business Owner

Healy Consultants
Suite 5028, 24B Moorefield Rd,
Johnsonville, Wellington 6037
New Zealand

Tel: (+64) 4831 8737

Email: email@healyconsultants.com