Whether you are a New Zealand business looking to expand overseas or a foreign investor setting up a business or subsidiary in New Zealand, you will be faced with a number of challenges.
Management must navigate a complex web of local tax laws including income tax, indirect taxes and double tax treaties. In addition to these day-to-day compliance matters, broader tax issues will also arise such as thin capitalisation, transfer pricing and controlled foreign company rules. The penalties for non-compliance can be substantial.
Resolving these issues at the outset can lead to significant savings in the long term, from reduced taxation, avoiding penalties by ensuring compliance with local laws, making you aware of potential costs and eliminating delays in establishing the subsidiary.
Our international tax team possesses both local knowledge and extensive overseas experience. We take a commercial approach to identifying and addressing all issues before they arise, putting you in the best position to expand into the New Zealand market.
As a member of Praxity, the world’s largest international accounting alliance, we can assist with accessing advisors ‘on the ground’ who understand the local regulations, financial reporting requirements, tax systems and customs.
Our local knowledge combined with global affiliations allow us to understand and deal with the pressures faced when setting up an overseas subsidiary.
How we can help
- Overseas Investment Strategies
- Facilitating the establishment of a business overseas
- Establishing a business in New Zealand
- Tax effective business structures
- Transfer pricing policies
- Thin Capitalisation Rules
- Repatriating profits
- Cross border pricing policies
- Liaising with the IRD
- Income tax issues
- Compliance reporting
- Customs & indirect taxes