What you should know about Company Formation in New Zealand:
Located in the South Pacific, to the east of Australia, the economy of New Zealand is very closely aligned with the Australian economy. Even though the economy depends greatly on international trade, it still has a considerable service sector. Its political stability as a constitutional monarchy with a parliamentary democracy provide a stable and flexible ground for your business. The New Zealand dollar is ranked among the ten most traded currencies in the world.
Every incorporation comes with the following list of documents in original.
- Certificate of Incorporation
- Articles and Memorandum
- Appointment of First Director
- Legalization by apostille
- Registered Agent and office
- Annual payments to government
- Power of attorney for opening bank account
- Board of directors resolution authorizing the issuance of the shares and the share certificates
- Share Certificate
- Certificate of good standing if required
- Corporate seal.
- Delivery by International courier.
- Yearly Services:
- Juridical address provision
- Registered Agent
- Annual payments to the Government
- Registry of each jurisdiction
Company Formation Costs: USD 4,000
Annual Cost from Year Two: USD 2,000 per annum
Contact us for details on additional services available.
Terms of Registration: Registration of any new company may take 7 working days from order placement to delivery.
Note: Dear Valued customers, minor changes in the Companies Amendment Act have been introduced and as of October 28th, 2015, your company must have a director who resides in New Zealand or who lives in Australia and is a director of an Australian registered company. Additionally you will be required to provide extra information about directors and any other ultimate holding company with your annual return.
As usual, at PROCOFORM we will be happy to assist you with any help required to adjust to these law changes.
Additional services are available upon request
Separate legal entity subject to any restrictions contained in the partnership agreement with legal capacity to exercise all the powers of a natural person or company.
In simple words, it’s an institution whereby someone owns and manages assets and/or property for the benefit or future benefit or others.
New Zealand Finance Company:
Corporation that can be created in a relatively fast and uncomplicated way, which operates in virtually the same manner as a bank while it avoids the restrictive controls of banking legislation.