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Guide to Doing Business In New Zealand

August 7, 2018 By Cynthia Forbes

We have recently summarised some basic information for doing business in New Zealand.

This guide is to help overseas interested parties gain a general understanding of the business and taxation environment in New Zealand.

You can read the full guide here: https://kreston.com/wp-content/uploads/2016/10/New-Zealand.pdf

Setting up your Business in New Zealand

Issues to consider

New Zealand (NZ) has a relatively deregulated and open economy and is consistently ranked as one of the easiest countries in which to do business.   The World Bank Doing Business 2018 Report ranks NZ first in the world for ease of doing business.

As well as simplicity the tax system has the major attractions of predictability and fairness.

Of course one of the major attractions of NZ is the more relaxed living philosophy and lifestyle which seems to be more obtainable than in many other countries.

However local knowledge of the legal, accounting and taxation framework is essential when looking to set up or do business in NZ.   This document provides a brief summary of the practical issues you will need to consider.

What type of Business structure should we use?

Foreign investors can operate in NZ through whatever entity they choose and the most common ones used are locally incorporated companies or a branch of a foreign entity.

Read more

 

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