Hello Everyone,
Currently I have a two year employer assisted work visa and SMC is under application, I should receive AIP letter soon, so my first questions is that can I start to register a company now in this situation?
Other questions related to start up the company:
1) I am thinking to start a property management company, I will be the main person in charge of the company, however, i have a friend who is also interested in this and i am wondering what is the difference between director and shareholder? I am thinking a proportion of 60% vs 40% or 70% vs 30%. can someone please let me know what do i need to do when register a company on the website... do i need to state the proportion? do I need to draw an agreement with my friend? or registering a company with a director and a shareholder is good enough? in this case, does that mean i will be the director and my friend will be the shareholder? i read from someone that there will be a form to filled out that shareholder agrees me to be the director?
or can i set up the company on my own and then sort out the share of the company with a seperate agreement? which way is better?
2) I will be implementing a property management software which it provides monthly reporting for my client, but do i still need an accounting software for myself for running the company?
3) Since it is a small start up business, I am wondering if i can use my home address as the company address? I am renting at the moment.
Will the rent and utilities and other expense related to the business be refunded?
4) Company insurance, do i need to buy an company insurance? for example in the operation of the business, if i made a mistake that causes some money(touch wood), the insurance can cover for the general operational business risks.. if there is one, what kind of insurance is this? just in case.
5) Bank account
Do i need two bank accounts? one is trust account and the one is company account?
What information do i need to provide? if my friend is a shareholder, do we need a joint bank account??
6) Do I need to register the trademarks of the company? if yes, what is the procedure.
7) is registering a company name different to registering trademarks?
8) Also i have my personal IRD number and i won't be applying GST at this stage, just wondering do i have to apply for a company IRD number or i can use my personal one?
9) When registering a company, do i have to provide a landline number? as i won't have one at this stage, mobile will be the main communication, is that okay?
Thanks a lot for your attention.
Cheers,
Sarah