New Zealand Tax Free Company

NEW ZEALAND TAX FREE SPECIAL PURPOSE COMPANY

New Zealand is well known to most readers and requires little introduction. It is a safe, stable and secure country which offers considerable benefits to those involved in international tax planning.

If properly structured, a New Zealand resident company can operate as a tax free offshore company.

OVERVIEW OF KEY FEATURES

New Zealand resident companies are usually taxable. A New Zealand Special Purpose Company, however, which is structured as the Trustee of a non-resident New Zealand Trust is not taxable. The Trust and its beneficiaries are also non-taxable, except on income with a New Zealand source.

If the New Zealand company and Trust have no connection to New Zealand, the complete structure is non-taxable in New Zealand. The company owner and trust beneficiary may be the same person.

Once incorporated, the company is generally free to do business, open bank accounts, or invest anywhere in the world. In effect, it can operate as a tax free offshore company but without the "tax haven" implications of the traditional offshore centres. In addition, it benefits from the asset protection features of the trust, as funds may be moved into and out of the trust as required.

The complete structure costs a little more than the traditional offshore company but with far superior features.

The structure is quick and simple to establish. The only connection with New Zealand is that it will be a New Zealand resident company with a New Zealand registered office.

QUICK REVIEW OF THE NEW ZEALAND SPECIAL PURPOSE COMPANY

Location of Jurisdiction	New Zealand
Political Stability	Excellent
Tax on New Zealand Special Purpose Company	None
Bearer Shares Allowed	No
Disclosure of Beneficial Owner	N/A
Exchange Controls	None
Common or Civil Law	Common
Minimum No. of Shareholders	One
Corporate Shareholder Allowed	Yes
Minimum No. of Directors	One
Nominee Director	Available from Maritime International Ltd. in certain circumstances
Corporate Directors Allowed	No
Nationality of Directors/Shareholders	Any Country
Local Registered Office/Agent Required	Yes (Provided by Maritime International Ltd.)
Annual Meetings Required	Yes
Attendance in New Zealand	Not Required (Formalities by fax, email, and courier)
Bank Accounts	May be opened anywhere in the world
Business Restrictions	May do business anywhere in the world except New Zealand
Other Accounts Available	Trading Accounts, Mail Forwarding, Invoicing, Corporate Services

NEW ZEALAND TAX FREE SPECIAL PURPOSE COMPANY FEES

• Compare New Zealand Special Purpose Company Fees to Other Offshore Jurisdictions
• Request a No-Obligation Quotation or Place an Order for New Zealand Special Purpose Companies

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