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LLC LTC PLC LLP FSP Branch Office Rep Office
Local Name Limited Liability Company Limited Trading Company Public Limited Company Limited Liability Company Financial Service Provider Branch Representative Office
Company Setup Time 5 days 5 days 5 days 5 days 5 days 5 days 5 days
Bank Account Opening 5 days 5 days 5 days 5 days 5 days 5 days 5 days
Government Grants Available Yes Yes Yes Yes Yes No No
Government Contracts Bidding Yes Yes Yes Yes Yes No No
Limited Liability Yes Yes Yes Yes Yes No No
Client Required to Travel No No No No No No No
Inquiry Inquiry Inquiry Inquiry Inquiry Inquiry Inquiry

Corporate Structure Explained

New Zealand Limited Liability Company (Closed Limited Company)

  • An LLC needs a shareholder, a director and a paid-up share capital of US$ 1. The director must be a resident of New Zealand or Australia. It is the perfect choice for a foreign corporation to register a subsidiary. The registration process is quick and can be completed in one week.
  • Once the set up is completed, audited financial statements and tax returns need to be submitted annually. The LLC is required to pay a corporation tax of 28% on net profits.

New Zealand Public Limited Company (open limited company)

  • An open limited company is similar to a closed limited company and can be done simply by issuing new shares in the articles of incorporation of the company. The corporation tax is also 28% on net profits

New Zealand Limited Partnership

  • This entity can be registered with two partners, one of which must be a general partner. Who will have unlimited liability for the partnership’s losses. A corporate business can be appointed as a general partner to ensure that the beneficial owner(s) still have limited liability. Other ‘ limited ‘ partners are liable only for their contribution to the partnership.
  • Partnerships are tax-transparent entities. However, all earnings are subject to income tax, when distributed to the partners. They require an annual tax return to be filed.
  • Its also possible to register a foreign partnership. Unlike limited partnerships there is no requirement to appoint a general partner if it has one resident representative.

New Zealand Branch Office

  • It is required to provide the local administration, a registered address and a resident administrative agent.
  • Branches must file audited annual reports, which include both their branch and the holding company’s accounts.

New Zealand Representative Office

  • A representative office in New Zealand cannot carry out any direct revenue-generating activities. However, it is authorized to conduct market research and promote the business of the parent company.

Fast Incorporations