Business Structures

Are you setting up a business in NZ?

Starting a new venture is an exciting journey, but before you dive in, it’s crucial to establish the right business structure. If you’d like more information about the benefits and disadvantages of each structure, read our article on choosing the right business structure in NZ.

Proper structuring ensures asset protection, tax efficiency, profitability, and manageable compliance costs. Getting it wrong can be costly and time-consuming to correct later.

We offer the opportunity to meet with us to discuss your current situation, including any structural and tax issues that need addressing. Our goal is to position you for success from the outset. After our discussion, we’ll recommend the most suitable structure for your unique circumstances.

We can also provide accounting and taxation services once you’ve decided which business structure suits you best, so you can minimise your tax bill whilst ensuring you remain compliant.

Call us to arrange a meeting with one of our experts to discuss your current structure and how we can help.

Company Formations

When setting up a business in NZ, you might have several questions regarding company formations and business structures, such as:

Do I need to set up a company?
Should I become a limited liability company?
What type of company do I need?
Is a Look-Through Company (LTC) appropriate?
Who should be the shareholders?
Who should be the directors?
Do I need a company constitution?

At ABA, we discuss your current situation and requirements to provide tailored recommendations on the best business structures. We can also handle company name reservations, incorporation, and manage statutory requirements as per New Zealand Companies Office guidelines.

If you’re setting up a business in NZ, call us on 09 426 8488 to discuss your company formation needs or any challenges you’re facing with an existing business structure.

Trusts

A family trust aims to transfer your significant assets from personal ownership to trust ownership, allowing you to legally own no assets yourself while maintaining control of the assets in the best interest of the beneficiaries. This structure offers valuable asset protection for business owners.

The introduction of the Trusts Act 2019 has led many individuals to reassess their trust structures, with some deciding to wind them up. However, trusts remain a valuable structure that should still be considered for many situations.