New Zealand LLC

New Zealand Limited liability Company (LLC) has proved to be the most popular and successful form of business structure. Companies help foster confidence in businesses by governing the relationships between investors (shareholders), directors and creditors and by giving stakeholders a clearer picture of who and what they are dealing with. As for international business activities and utilization by non New Zealand residents, this company is limited in use to corporate trustee services or holding of assets such as intellectual property and so. That is because a New Zealand company usually has to pay tax on its worldwide income. So if income is made, then tax registration is required and filings of tax need to occur. This structure has limited use but is relatively cheap.
New Zealand LLC Key Features

1. At least one director (individuals only, not body corporate),
2. At least one shareholder,
3. New Zealand registered office (physical New Zealand address, not a postal box or document exchange),
4. No share capital required at the moment of incorporation,
5. Tax registration is not compulsory if a company is not going to commence trading,
6. May be subject to compulsory audit,
7. May pay taxes on worldwide income.

New Zealand LLC Legal Requirements

New Zealand LLC	Corporate Details
General
Registered Office in New Zealand	Yes
Time to establish a new company	2 weeks
Share capital or equivalent
Standard currency	New Zealand Dollar NZD
Permitted currencies	Any
Authorize share capital	NZD 10,000
Minimum paid up	NZD 1
Directors | Officers | Partners
Minimum number	1
Location of meetings	No
Corporate directorship allowed	No
Accounts
Requirements to prepare	Yes
Audit requirements	No
Other
Requirement to file annual return	Yes
Migration of domicile permitted	Yes

 New Zealand LLC Tax Treatment
NZ, LLC is not subject to tax on foreign sourced income.
New Zealand LLC Duration to Set- up
2 Weeks
New Zealand LLC Distinctive Benefits

• NZ, LLC is not subject to tax on foreign sourced income.
• The shareholders’ liability for losses is limited to their share of ownership of the company.
• No share capital required at the moment of incorporation,
• Tax registration is not compulsory if a company is not going to commence trading

The Valsen Advantage

1. End to end comprehensive service
2. Speedy and efficient service
3. Expert advice on structuring options
4. Dedicated ongoing compliance support
5. Extensive network pool of service providers