How To Register Business Nz
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Reserve your company name.
How to register business nz. File annual returns setting out contact details for the company and its directors. All of new zealand is at alert level 1. You ll need to register for gst if you re earning more than nz 60 000 each year. Before you start a company. You ll need to know the business type.
The most common structures are a company sole trader or partnership. You ll also need to find a formal structure for your business. You can get an nzbn for your own business or on behalf of a business you have authority to act for for example as a business accountant or bookkeeper. Follow me as i show you how to register a business name in nz in a few simple steps. You can do this online.
If you don t or if you re another type of business you can do it online at ird govt nz external link. 3 december 2020 government extends business debt hibernation scheme the government is extending the business debt hibernation bdh scheme by 10 months to 31 october 2021. Starting a company is a simple process in new zealand compared to many other countries but there are legal obligations you must meet and processes to go through. New zealand business performance panel other topics coming soon. Ways to structure your business.
It costs 10 plus gst to reserve a company name and 114 39 plus gst to apply to incorporate a company. Tailored to your business and everyone you employ. You must register your company with the companies office. For more information check out the business govt nz page for workplace operations at covid 19 alert levels. This is known as incorporating a company.
Our guide gives you the complete picture of what s involved in starting up from testing your idea to registering a trade mark. Search the companies register to see if your business name is available. Businesses are still required to display the official qr codes for the nz covid tracer app at all alert levels. It can be cheaper to buy an existing business than to set one up from scratch. This is coming from someone who is running a business in new zealand in.
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