 |
New Zealand consists of two main islands (called the North and South Islands) and a number of smaller islands. New Zealand has extensive marine resources, including the Exclusive Economic Zone, covering over 4 million square kms. New Zealand is the first world highly developed country, with high living standards, low crime, and stable political system.
Its legislation is based on the Common (English) Law. Official languages are English, Maori, and New Zealand Sign Language.
Being a member of the O.E.C.D., it’s not part of the EU and is not subject to EU Savings Tax Directive. New Zealand domestic law and its wide network of double tax treaties offer vast opportunities to legally reduce your business tax burden with no connotations of using tax haven instruments.
Although it is possible to register an unlimited liability company, companies are usually either limited liability companies or companies limited by guarantee. New Zealand is well renounced place for estate planning purposes through the setup of Trusts that offer excellent protection to investors. If properly structured, a New Zealand resident company can operate as a tax free offshore company. There is great flexibility in the incorporation and management of a New Zealand Company. It has no capital requirements and has a simple and fast incorporation procedure. |
