How To Register Business Nz
If you don t or if you re another type of business you can do it online at ird govt nz external link.
How to register business nz. You can do this online. You ll also need to find a formal structure for your business. It can be cheaper to buy an existing business than to set one up from scratch. This is known as incorporating a company. You ll need to register for gst if you re earning more than nz 60 000 each year.
Search the companies register to see if your business name is available. You ll need to know the business type. To apply for registration you ll need a realme login to access the companies office website where you can. It costs 10 plus gst to reserve a company name and 114 39 plus gst to apply to incorporate a company. 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.
All businesses can operate provided they can meet the rules to operate safely. Tailored to your business and everyone you employ. All of new zealand is at alert level 1. Businesses are still required to display the official qr codes for the nz covid tracer app at all alert levels. 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.
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. All you need to do is select what sort of business yours is gather some key information and follow a few simple instructions. Follow me as i show you how to register a business name in nz in a few simple steps. Before you start a company. File annual returns setting out contact details for the company and its directors.
You can register for gst at the same time you register your company. Registering your company with the companies office before you start an application to incorporate a new zealand company with the companies office you must create an online services account and reserve a company name. New zealand business performance panel other topics coming soon. Ways to structure your business. Check it out writing a business plan.