You have made the decision to start a company; you have your
directors lined up and your shareholders ready to invest. What
Forming a company these days is a quick and easy online process.
You can form your company online at www.companies.govt.nz and for a
fee of $150 you can incorporate a company in no time.
You will need:
• To reserve a company name;
• To provide a minimum of 3 addresses, i.e
registered office / address for service / address for
• To decide on how many directors and
shareholders to have, and how many shares to issue.
You will also need to decide whether to adopt a
What is a Constitution and why have one?
A Constitution is a document registered with the Companies Office
that sets out certain rules for the running of a company. It deals
with matters such as:
• voting rights;
• appointment of directors;
• shareholder meetings;
• who has authority to bind the company;
• how shares can be issued and transferred;
• various other matters relating to the overall
structure and governance of the company.
A company commonly adopts a Constitution at the time it is
incorporated but you can also adopt one at a later stage by 75% of
the shareholders in the company agreeing to adopt one.
A Constitution is not compulsory but recommended as a matter of
good governance. Without it, the default provisions in the
Companies Act 1993 will apply which might not be appropriate for
your business in all instances.
IRD and GST Registration
You can apply for an IRD number and complete GST registration at
the same time.
Applications to incorporate a company are processed automatically
so registration is almost immediate.
Need to know more?
For step by step instructions, check out the Help and Support
section of the Companies Office website at http://www.business.govt.nz/companies/learn-about/starting-a-company