Business
New Zealand — Business: Company Formation
New Zealand has a straightforward company formation process, but the details can be complex. It costs $10 (plus GST) to reserve a company name and $118.74 (plus GST) to apply to incorporate a company.
Key facts
- It costs $10 (plus GST) to reserve a company name and $118.74 (plus GST) to apply to incorporate a company.
Steps
- Step 1: Choose a Business Structure — Decide on the type of business that suits your needs and goals.
- Step 2: Register Your Business — Register your business with the Companies Office, and obtain any necessary licenses and permits.
- Step 3: Obtain a Business Number — Get a Business Number from the Inland Revenue Department for tax purposes.
Costs
- Company registration fee: $118.74 (plus GST)
Required documents
- Certificate of Incorporation
- Memorandum and Articles of Association
Common mistakes
- Failure to choose the correct business structure
- Insufficient or inaccurate information in the company registration documents