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Thread: Setting up a LLC?

  1. #1
    Join Date
    Jun 2009
    Location
    Dunedin
    Posts
    251

    Default Setting up a LLC?

    I need to setup an LLC in NZ.

    I have been granted permanent residence, but won't arrive until November.

    Is it possible to setup the LLC before I get there?

  2. #2
    Join Date
    Aug 2009
    Location
    Huddersfield, West Yorkshire
    Posts
    25

    Default

    Hi! For the newbies like me can you also clarify what an LLC is? Im making sure i read these things just incase i end up needing to know!
    Ta louise

  3. #3
    Join Date
    Oct 2007
    Location
    New Zealand
    Posts
    154

    Default

    I've no idea what a LLC is.

  4. #4
    Join Date
    Mar 2005
    Posts
    1,294

    Default

    LLC = Limited Liability Company

  5. #5
    Join Date
    Dec 2007
    Location
    Stanley Bay, Auckland, NZ
    Posts
    1,480

    Default

    Quote Originally Posted by KerryS View Post
    LLC = Limited Liability Company
    They aren't shortened to LLCs in NZ - almost all companies are limited liability so you just say "company". The suffix is Ltd (short for Limited).

    The process for setting up the company is relatively straightforward - the Companies Office tells you what to do:

    http://www.companies.govt.nz/cms/how...ealand-company

    If you need to set it up before you arrive though then you are probably best to ask an accountant or lawyer to do it for you as it will make things easier!

  6. #6
    Join Date
    Jun 2009
    Location
    Dunedin
    Posts
    251

    Default

    Thanks for the info!

    In my situation, I will be working as a self-employed contractor for a company based in the US. I was told that setting up an LLC would be a smart move.

    What I'd like to find out is if I should setup an LLC in the US, NZ, or both places.

    Has anyone been in a similar situation?

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