Starting a business in New Zealand
Legal Forms of Companies
- Sole Trader or Proprietorship
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Number of partners: One natural person
Capital (max/min): No minimum capital required
Shareholders and liability: Liability is unlimited
- Limited Liability Company
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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
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Number of partners: Minimum: 1 trustee
Capital (max/min): NZD 1
Shareholders and liability: Trust property
- Limited Liability Partnership
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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.
Business Setup Procedures
Setting Up a Company |
New Zealand |
OECD |
Procedures (number) |
1.0 |
5.2 |
Time (days) |
0.5 |
9.5 |
Source: Doing Business - Latest available data.
- The Competent Organisation
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The administrative formalities must be carried out at the New Zealand Companies office.
- For Further Information
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Consult Doing Business Website, to know about procedures to start a Business in New Zealand.
Companies Office
Financial Information Directories
Companies-Register - New Zealand Companies Office Register
Dun & Bradstreet - Worldwide directory with financial information on businesses
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Latest Update: May 2024