Bank License – Asset management company, NEW ZEALAND Offshore Financial Service Company , OFC
Bank License – Asset management company: New Zealand OFC (Offshore Financial Service Company)
- Index Bank License
- Difference New Zealand OFC – Bank License Cayman Islands
- Banking Software
- Tax planning via a network of international tax advisers and attorneys
- Why form a company in a foreign country with a tax accountant specialized in international tax law?
- Basic Considerations regarding the Formation of Companies in „Zero-Tax Havens“ i.e. in countries that have not entered into Double Taxation Agreements with other countries
- Offshore Company Formation: Tax haven rankings
NEW ZEALAND Offshore Financial Service Company
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:
- Bills of Exchange Act 1908
- Cheques Act 1960
- Companies Act 1993 (law on shares/limited liability company law)
- Consumer Guarantees Act 1993
- Credit Contracts and Consumer Finance Act 2003
- Electronic Transactions Act 2002
- Fair Trading Act 1986
- Financial Transactions Reporting Act 1996 (prevention of money laundering act)
- Investment Advisers (Disclosure) Act 1996
- Personal Property Securities Act 1999 (securities, stocks and bonds act)
- Proceeds of Crime Act 1991 (law regarding criminal earnings)
- Property Law Act 1952
- Reserve Bank of New Zealand Act 1989
- Securities Act 1978
- Unclaimed Money Act 1969
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:
- Incorporation of the New Zealand Limited, Entry in New Zealand commercial registry, three sets certified founding documents, apostille
- Registered Agent New Zealand paid for one year (legally required)
- Registered Office address New Zealand paid for one year
- Registration as Financial Service Corporation
- Paid government fees Companies House New Zealand
- Link-up with a tax consultancy New Zealand for ongoing accountancy, advance turnover tax returns and annual financial statement
- Tax number and goods and services tax ID (GST)
- Link-up head office New Zealand (Business Center)
- Help with account opening for New Zealand OFC