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New Zealand Financial Company Info

Last upload 11/11/2008

KEY FEATURES:

  • - Time Frame for establishing a new ready to operate OFC: 4-6 weeks
  • - Minimum number of directors required: 1
  • - Minimum number of shareholders required: 1
  • - Annual audited report required: Yes
  • - Local registered office and agent required: Yes
  • - Tax on reported company profit (if any): 33%
  • - Approved Issuer Levy (on interests paid to customers) 2%

    FORMATION & REGISTRATION

  • - New Zealand registration of a Finance Institution, establishing the entity that may legally carry on the business of banking and financial services. Includes Certificate of Incorporation and Constitution.
  • - A locally manned Registered Office that maintains statutory registers such as for shareholders, directors and directors certificates.
  • - Support and documentation service for transactions such as appointment and removal of directors, issue or acquisition of own shares and distributions/dividends that require special procedure and care.
  • - Making required filings with the Companies Office such as the Annual Return and after the issue of shares.
  • - Finance Institution Compliance Manual that includes chapter on company law.

    New Zealand FC Packages
    If you have more questions about New Zealand Financial Company please contact us.

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