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Thread: Setting up a startup / company in NZ

  1. #1
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    Jun 2015
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    Default Setting up a startup / company in NZ

    Do you know how to go about it?
    Will I have to pay taxes if my company receive payments from overseas? How much would it be?

  2. #2
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    Aug 2005
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    All the information is on the Companies Office website.
    From your questions it seems like this is your first time setting up a company, and I strongly advise you to talk to an accountant or other professional to make sure you get it right. You especially don't want to get the tax part wrong, you could end up in a bad situation with IRD.

  3. #3
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    Hi thanks for the reply.
    I will definitely find an accountant for this.
    My main purpose was to start working from home as a startup for a company outside of NZ.

  4. #4
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    Feb 2008
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    36,084

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    It's not a way to avoid tax liability in NZ.

  5. #5
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    Yes I want to pay the correct tax and want to make sure I'm not end up paying unwanted taxes in two countries.

  6. #6
    Join Date
    Oct 2016
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    Quote Originally Posted by farfaraway View Post
    Yes I want to pay the correct tax and want to make sure I'm not end up paying unwanted taxes in two countries.
    Check if the country has a double taxation agreement with NZ. This will prevent being taxed twice on the same money. It is complicated though and requires an accountant with experience in this field.

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