-Asset management company, NEW ZEALAND Offshore Financial Service Company , OFC
A New Zealand Offshore Financial Service Company (OFC) is allowed to offer financial services outside of New Zealand provided that the law of New Zealand or the law of the provider /distribution countries is not violated.
For the realization a New Zealand Limited (ltd) is founded, that acts as an offshore financial service corporation. Generally the following services are required:
Founding of New Zealand OFC, entry in commercial registry of New Zealand
Registered Agent New Zealand
Registered Office New Zealand and head office in New Zealand: not a mere „letter box company“. We can link-up to a business center in New Zealand: company nameplate, own telephone number, personal call reception with name of corporation, fax, mail forwarding. Also possible is the temporary or continuous use / leasing of completely furnished office and conference rooms at the business center.
Tax number for the New Zealand OFC
VAT ID number for the New Zealand OFC (VAT)
Account opening New Zealand or in another country
The New Zealand OFC is not subject to supervision and regulation of the country’s central bank. This is why a New Zealand Offshore Financial Service Corporation does not receive loans from the central bank of a country. However a New Zealand Offshore Financial Service Corporation does not move around in an “unlegislated area“. There are a number of relevant laws:
The regulations for a New Zealand Offshore Financial Company do not stipulate a minimum initial capital / equity. We offer the following services for the founding of a New Zealand OFC:
New Zealand Offshore Financial Service Company: Place of Management
To prove that the place of business is in New Zealand a resident of New Zealand should be appointed for business management:
either the client – or a representative – moves his place of residence to New Zealand and acts as director of the New Zealand OFC himself, or a resident of New Zealand is appointed as director
However, we offer the possibility to provide a New Zealand address with telephone number (mail box, see above). We can also assist with house hunting in New Zealand.
The alternative would be a nominee director in New Zealand.
Generally, please notice the following:
In order to prove that the business is solely based in New Zealand so the New Zealand law is effective (important!), and with that New Zealand has the taxation authority, the following requirements are to be met:
-Place of business management as place of business
-Duly place of business in New Zealand, not a mere „letter box company“
-the clients’ contractual partner is solely the New Zealand OFC with place of business in New Zealand
New Zealand Offshore Financial Service Company: Taxes New Zealand /Offshore Administration and Management Corporation / Shareholder
New Zealand taxes profits from capital companies with 33%.
There is the possibility to set-up an Offshore corporation in a low-tax country, that acts as “administration and management corporation” of the New Zealand OFC and invoices the New Zealand OFC for these services.
Because of tax-based considerations the country of the offshore corporation should have a double taxation agreement with New Zealand.
Fees depend on country and services.
Owner (Shareholder) of the New Zealand OFC can be every natural –or legal person within or outside of New Zealand. One has to bear in mind, that only a double taxation agreement between both countries can reduce the tax at source for outflow dividends. If a double taxation agreement doesn’t exist the client should consider to “interpose” a foreign holding.
New Zealand has DTAs and protocols in force with:
New Zealand Offshore Financial Service Company: Nexor One
The NexorOne™ Online Banking System is a entirely online account manager for pooled funds. It generates messages to the administrator transmitting the instructions from the users. With a user friendly menu and thoroughly tested, completely self customizable interface the software provides a solid platform allowing your customers to feel confident that they are backed by a stable institution. Making use of every available advantage of the internet and online banking, the system gives the users the ability to execute every kind of transaction and use all the services offered by the financial institution on a cross-browser compatible interface. It makes it the perfect tool to have a low cost interaction with customers, while still able to tend to all their needs. The users are able to transfer money in/out/between accounts and to debit cards (optional).
By safely empowering the users to request transactions online, assisted by the system, the administrator has only to accept or cancel operations while viewing on screen all the information needed to take the decision. Since all the transactions are performed through the system only, the accounting and detailed customizable reports are always in real time and up to date. Additionally, the system keeps a detailed trail of all activities, making it very easy to narrow down precisely when those activities occurred. The system can automatically generate revenue by applying customizable transaction fees predefined by the administrator. The system offers the ability to handle accounts in different currencies, as well as a multi-language capable interface to expand to distinct international markets and the multi-region friendliness for defining all the different formats.
Online banking system for account management and secure messaging with customers
Interfaces and Options:
Main features the Administrator is able to access:
Main features the Users are able to access:
Customized Solutions and Enhanced Support
We offer a complete solution to all our clients’ needs, which means that after NexorOne™ is bought as a stand alone package, we’ll back you up with all the tools you might need.