New Zealand flag New Zealand: Operating a Business in New Zealand

Starting a business in New Zealand

Legal Forms of Companies

Sole Trader or Proprietorship
Number of partners: One natural person
Capital (max/min): No minimum capital required
Shareholders and liability: Liability is unlimited
Limited Liability Company
Number of partners: Minimum 2. No limit. Under the Companies Act 1993, there must be one or more shareholders and directors (who can be the same person).
Capital (max/min): NZD 1
Shareholders and liability: Limited to the amount of share capital subscribed  
Trust
Number of partners: Minimum: 1 trustee
Capital (max/min): NZD 1
Shareholders and liability: Trust property
Limited Liability Partnership
Number of partners: Minimum: 2 with (one general, one limited); no maximum.
Capital (max/min): No minimum capital required
Shareholders and liability: Limited partners only liable to the extent of their contribution to the partnership. Joint and several liability for general partners.
The Competent Organisation
The administrative formalities must be carried out at the New Zealand Companies office.
Company Directories
New Zealand Companies Office Register
 
Setting Up a Company New Zealand OECD
Procedures (number) 1.0 5.2
Time (days) 0.5 9.5

Source: Doing Business, 2016

 
Business Setup Procedures
Consult Doing Business Website, to know about procedures to start a Business in New Zealand.
Companies Office

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Latest Update: September 2022

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