S & F CONSULTING FIRM LIMITED

New Zealand Foreign Company Registration Process

New Zealand Foreign Company Registration Process

Our service area: New Zealand foreign company registration/ company registration in New Zealand for foreigner;

Step by step New Zealand foreign company registration process:

Note: We provide company registration service in New Zealand for foreigner, only.

Let’s discuss in detail, step by step of company registration in New Zealand and process of them:-

New Zealand is a country very much friendly and supportive to businesses. It welcomes foreign businesses and companies to operate their businesses while protecting the interests of its inhabitants and preserving its nature. This means a business is quite free to run its operation while sticking to the rules and regulations. In protecting investors’ interests it is ahead of the rest all in the OECD countries. The Economic Freedom Index [EFI] 2017 of Heritage Foundation-Wall Street Journal ranks New Zealand 3rd [in the top five free economy group] among 180 world nations.

Registering foreign companies  

An overseas company can operate in New Zealand in one of the following three ways:

Subsidiary [New Zealand Company on the New Zealand register]

A subsidiary company is an entity belongs to a parent company [overseas company]. You can establish a wholly owned New Zealand subsidiary by registering a New Zealand company with 100% shareholding held by the overseas company.

Branch [the New Zealand operations of foreign company on the New Zealand overseas register]

A branch means the New Zealand operations of an overseas company. It is not a separate legal entity. The New Zealand operations of a foreign branch will be governed by New Zealand law.

Section XVIII of the Companies Act 1993 [sections 332-337] requires overseas companies that commence business in New Zealand to register on the overseas register within the 10 working days following.

Becoming a New Zealand company

This option permits a foreign company to relinquish its country of registration and transfer the same to the New Zealand Companies Office Register.  To do so, the foreign company applies under section XIX of the companies Act and to a New Zealand company by registering under section II of the Companies Act 1993.

The registering of a foreign company

A foreign company in New Zealand can be registered online with New Zealand Companies Office having a web address. It is very simple and less costly requiring only NZ$11.50 to reserve the name plus NZ$120.75 to apply for registration of the company. By following steps you can start and complete your registration online

Step 1 | Applying to reserve the company name

Reserving the name of the company exactly as same as registered in the home country is step 1 of the registering process in New Zealand. You are required to submit your application for the same with $11.50 as fee for reserving a name. In case you apply to reserve a name during normal business hours starting from 8:30 am – 5 pm continuing from Monday to Friday other than Public Holidays, you will receive a confirmation email within 2 hours from the office.

Step 2 | Apply to register an overseas company

To complete your application to register a company as an overseas company you will need to provide following information:

AS soon as all of these steps have been completed, a Certificate of Registration of the company will then appear on the New Zealand’s overseas companies register.

Transferring incorporation to New Zealand 

Overview

Section XIX of the Companies Act 1993 permits a company registered outside New Zealand to transfer its registration in its home country to New Zealand. The intending foreign company requiring filling in the paper application Form 20 as per Companies Act 1993 & Regulations 1994 to transfer its foreign registration in favor of registration in New Zealand.

Registration/ formation procedure

The foreign company is required to file following documents in this connection:

If the documents are in order as to form, the Registrar will liaise with the applicant or its representatives in New Zealand for the company to be registered using the on-line procedure under the reserved name. At the same time, the Registrar will attach Form 20 and the documents above to the registration to enable the transfer to New Zealand to take place.

On the off chance that the abroad organization is as of now enrolled on the abroad enlist under area XVIII of the Companies Act 1993 for which confirmation of consolidation and established archives will as of now be on record, these need not be given again segment 345(2)).

On registration, the overseas constitutional documents cease to have effect. Consequently as a component of the online joining, the organization can enroll a constitution consenting to the Act reasonable for it in New Zealand.

At this time, the foreign company is in a position to completely remove its name from the register in the home country or country where it was registered under the local law.

As usual, the name reservation can be completed online via the name reservation function as for a fee of $11.50 and a registration fee of $120.75 is payable to register the company as a New Zealand company.

 Branch Office Open in New Zealand

Following papers are need for branch office open in New Zealand:

Taxation in New Zealand

Visa in New Zealand

S & F CONSULTING FIRM LIMITED

Email us: contact@sfconsultingbd.com

Wellington, New Zealand

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