NZ Financial Accounting for Overseas Companies

For an overseas business operating in New Zealand, the expertise of a local chartered accountant with international accounting experience is essential.

Our understanding of New Zealand taxation regulations means we can provide advice on how to set up your business in New Zealand, and ensure 100% compliance with New Zealand IRD practices including:

• Setting up of bank accounts and taxation systems.
• Income tax and PAYE recording and payments.
• GST management.
• Payroll services and more.

As a New Zealand chartered accounting firm specialising in business taxation for local and international companies, we are often asked how an overseas company should go about establishing their business here.

Ensuring success and compliance for your operation in New Zealand needs to take into account a number of factors including business structure, taxation, and finance systems. That’s where we can help.

Your company may be planning to operate in New Zealand long-term, or may be here to complete a one-off project, RC Chartered Accountant will help you with all your business taxation and payroll needs.

The New Zealand Companies Act 1993 details sets out the main requirements enabling companies from overseas to operate in New Zealand. We will help you establish yourself here in New Zealand, taking care of all the compliance paperwork and ensuring the registration goes through quickly and without a hitch.

We will set up an effective taxation structure that will suit your business operation and minimise any double taxation.

We will then manage any ongoing compliance with tax legislation and lodging of tax returns in New Zealand, including:

• Income tax.
• PAYE (payroll tax).
• GST.
• Fringe benefit tax.
• All other taxation requirements.

As a local chartered accountant in Auckland, we have a full knowledge of New Zealand’s taxation legislation. We know what expenses are able to be claimed and what reporting needs to be completed.

All you need to do is give us a call and all your New Zealand taxation and payroll obligations are taken care of. And, when negotiation with IRD is required, we act on your behalf.

As an overseas company working in New Zealand, payroll payment can be complicated and frustrating, especially if there are proportions to be paid in different currencies and to different locations around the world.

It makes sense to allow us to oversee your staff salaries and wages in New Zealand or overseas, ensuring all staff remunerations and company tax payments are accurate and on time.

As part of the payroll management of your company, we file all necessary tax returns in the relevant country and provide regular financial reports for you and your board.