Please find the most recent information by visiting the following link: https://www.bizlatinhub.com/corporate-accounting-tax-considerations-new-zealand/

1. Accounting & Taxation
Requirements in
New Zealand
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2. Current Fiscal
Advantages
in New Zealand
$0
40% lower average
wage than Australia,
plus low social security
contributions (3% of
gross salaries)
New Zealand residents
can register as look-
through companies
(LTC) and receive tax
cuts
Free trade agreements
with China, ASEAN and
Gulf Cooperation
Council countries
New Zealand is ranked
as the best country in
the world to secure a
loan by the World Bank
because of its support
for SMEs
Minimum paid up
share capital for new
companies

3. Accounting & Tax Requirements in New Zealand
Value Added Tax
Rate
Corporate
Company Tax
Rate
Dividend Tax
Rate
Limited Liability
Company Tax
Rate
Branch Tax Rate
15% 28%* 10.5% – 33% 28% 28%
Requirement to file
Monthly Taxes
Requirement to file
Annual Taxes
Reporting to what
Accounting Standard
Requirement to invoice
through the National Tax
Authority
Yes Yes XRB Yes, IRD
Key Information: The system is one of self-assessment, under which the corporation files
an income tax return each year.
*Paid provisionally on 15th January, 31st March, 7th May.

4. Accounting
and Taxation
Services
Accounting
Accounts Payable, Accounts Receivables and Treasury
Reporting
Tax Planning and Declarations
Payroll Services
Audit Services
We keep your books and accounting registries in compliance with local laws
and regulations.
We provide complete and comprehensive support services for these key
areas.
We can adapt reports to your specific needs, in multiple currency formats
and complying with international and local accountancy standards
Planning and presentation of taxes before the local tax authorities
Calculation, presentation and payment
We provide bespoke, and tailored audit services to meet legal, financial
and compliance requirements

5. Biz Latin Hub is a market leader in
helping individuals and companies to
successfully do business globally and has
multilingual services that are reliable,
tailored and responsive.
Our group is owned and managed by an
experienced team of local and expat
professionals, dedicated to assisting our
clients to navigate their way through the
complexities of the global business
environment.
We can help!

6. See how our services can support
your global expansion.
Legal Services
Accounting
& Taxation
Immigration

7. Are you ready to expand globally?
Contact us now.
contact@bizlatinhub.com
www.bizlatinhub.com