Key features of New Zealand financial company

New Zealand Financial Company Info

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
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