Valsen Corporate

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