Company Types

NZ Company (if owned by an Overseas company this is called a "Subsidiary") 

Tax

  • Resident in NZ for tax

Annual Reports

  • A subsidiary is required to file audited financial statements relating to its New Zealand business only.

Directors

  •  As of May 2015 at least one director needs to be a NZ resident

Liability

  • Liability of company is up to the initial capital used to create the company

 

Overseas Company ("Branch")

Tax

  •  Generally considered non resident

Annual Reports

  • A New Zealand branch of an overseas company must file two separate sets of audited financial statements, one for its worldwide operations and one for its New Zealand business.

 Directors

  • No limitation 

 Liability

  • A New Zealand branch (being legally the overseas company), bears directly any liabilities that it may incur under New Zealand law.
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