New Zealand Offshore Finance Institution
KEY FEATURES:
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Time Frame for establishing a new ready to operate OFC: 4-6 weeks
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Minimum number of directors required: 1
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Minimum number of shareholders required: 1
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Annual audited report required: Yes
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Local registered office and agent required: Yes
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Tax on reported company profit (if any): 30%
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Approved Issuer Levy (on interests paid to customers) 2%
FORMATION & REGISTRATION
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New Zealand registration of an Offshore Finance Institution, establishing the entity that may legally carry on the business of banking and financial services. Includes Certificate of Incorporation and Constitution.
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A locally manned Registered Office that maintains statutory registers such as for shareholders, directors and directors certificates.
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Support and documentation service for transactions such as appointment and removal of directors, issue or acquisition of own shares and distributions/dividends that require special procedure and care.
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Making required filings with the Companies Office such as the Annual Return and after the issue of shares.
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Offshore Finance Institution Compliance Manual that includes chapter on company law.
