Registered capital: The New Zealand government has no restrictions on the registered capital of a company, and investors are free to set it. The minimum registered share capital of a company is NZ$100.
Bearer Shares: A company may issue bearer shares.
Financial statements: Each year a company must prepare financial statements, but they do not need to be filed with the authorities.
Corporate directors and shareholders: The Companies Act 1993 provides that only one shareholder and one director are required to register a company and there is no restriction on nationality. The shareholder can be a natural or legal person, but the director must be a natural person.
Company Secretary: A company secretary is not required.
Corporate Tax Number and Corporate Sales and Service Tax: Apply for a corporate tax number and a sales and service tax number (GST) at the tax office.
Annual Company Inspection: Limited liability companies and companies limited by shares under the New Zealand Companies Act should fill in the Annual Company Inspection Report to participate in the annual company inspection. The New Zealand Center for International Exchange (NZCIE) will provide you with company inspection services, including the completion of the Annual Company Inspection Report.
Registered address: must be in New Zealand, or use a solicitor's or accountant's address.
New Zealand has a clear demarcation between residential and commercial zones, and there can be no commercial activity in residential areas. However, if the company only needs to exchange documents and does not need a place of business, the company can be located in the home, and part of the cost of housing can be included in the company's expenses. Setting up a store in New Zealand is very simple and does not require an application, as long as you have a place of business. However, some businesses must be approved, such as caterers must have a health license and alcohol sellers must be approved by the City Council. Stores may not be located in residential areas unless specifically approved by the local government, and must have the consent of the residents of the neighborhood.