top reasons to use a new zealand look through company
TRANSCRIPT
TAX AND CORPORATE NEWS Latest news and information about tax and corporate legislations in New Zealand
Top Reasons to Use a New Zealand Look Through Company
New Zealand Look Through companies offer several benefits for international entrepreneurs and
investors who operate their business around the world. Some of the key advantages offered by the
Look Through Company (LTC) are:
Beneficial Tax Rules
New Zealand Look Through Companies are tax transparent, and do not face a corporate tax liability in
New Zealand on the profits raised through by activities.
The incomes and expenses of the LTC are considered to be incurred by the shareholders personally. If
the profits are raised outside of New Zealand and distributed to non-New Zealand shareholders they
will be regarded by the New Zealand authorities as "non-residents' foreign-sourced incomes" and will
not incur a personal tax liability in New Zealand.
Rapid Incorporation
The initial steps to establishing New Zealand Look Through Companies are the same as for a standard
New Zealand Company, and the incorporation process can be completed in one working day.
New Zealand has been repeatedly ranked as the jurisdiction with the world's easiest and quickest
company incorporation process, and in most cases, the longest delay when incorporating a New
Zealand Look Through Company is the international courier time.
Ease of Use
New Zealand Look Through Companies are easy to start and operate.
New Zealand LTCs are easy to operate and manage, as they have the same filing, bookkeeping,
accounting and record keeping requirements as a standard New Zealand company.
The initial incorporation procedures are quick to complete, and the application to become an LTC
can be submitted any time within the first year of the company's operation.
With the assistance of you New Zealand accounting specialist, the LTC election paper work can be
completed in minutes, and the company will have confirmation of its status from the Inland
Revenue Department within a short time.
KIRILL KRUGER
Development Manager at
Abaconda Management
Group , Director of AMG
Business Development.
Kirill Kruger is a young but
experienced financial
consultant, with a
specialization in
international and New
Zealand taxation research,
management and planning.
Being a successful
entrepreneur he has also
authored advanced studies
in the field of financial
academics, and regularly
writes reports on current
affairs and developments in
international and New
Zealand finance, taxation
and management.
www.abaconda.info
+64 7 8080 444
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