Companies incorporated in New Zealand after 1 May 2015 have needed to:
- Provide dates and places of birth of all directors
- Ensure that one director lives in New Zealand, or is an Australian who is also a director of an Australian Company (details will need to be provided – see below)
- Provide details of a ultimate holding company, if appropriate
From 1 July, companies incorporated prior to 1 May 2015 have needed to file annual returns indicating:
- Provide dates and places of birth of all directors
- Details of a ultimate holding company, if appropriate
28 October 2015 is rapidly approaching, at which point all companies in New Zealand will need to ensure:
- That one director lives in New Zealand, or is an Australian who is also a director of an Australian Company
- They can provide the ACN, name and registered office of Australian Companies of which Australian Directors are also a Director
Limited Partnerships, still only seen as rarely as the Kiwi Bird, have similar provisions for their general partners, but are effective from 27 February 2015.
It’s a good time to review your Board and ensure you have Kiwi’s or “trustworthy” Australians!
Lincoln Sharp - Thinking Forward 