Doing Business with New Zealand

A comprehensive guide to doing business, exporting, investing, and manufacturing in New Zealand.

Foreign Direct Investment with the International Trade Council / Company Incorporation / Company Formation

New Zealand Trade & Enterprise

Tel: +64 800 555 888
Email: communications@nzte.govt.nz
Web: www.nzte.govt.nz

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New Zealand Customs Service

Tel: +64 9 886 4651
Email: communications@customs.govt.nz
Web: www.customs.govt.nz

National Chamber of Commerce

Auckland Business Chamber

Tel: +64 800 543 543
Email: membership@chamber.co.nz
Web: www.aucklandchamber.co.nz

Ministry of Economy Information from the International Trade Council - a Peak-body - international chamber of commerce

Ministry of Business, Innovation and Employment

Tel: +64 4 901 1499
Email:
info@mbie.govt.nz
Web: www.govt.nz

  • Type of Government: Parliamentary Democracy and Constitutional Monarchy
  • Population: Approximately 5 million
  • GDP: Around $250 billion USD
  • Corporate Tax Rate: 28%
  • Personal Income Tax Rate: Up to 39%
  • Major Exports: Dairy products, meat, wood, fruit, seafood
  • Major Imports: Machinery, vehicles, electronics, petroleum, plastics

 

Exporting to New Zealand involves several steps. Here’s a comprehensive guide:

  1. Research Market Requirements

    • Understand New Zealand’s import regulations, standards, and market demand for your product.
  2. Identify Local Partners

    • Establish relationships with local distributors or agents to facilitate market entry.
  3. Prepare Export Documentation

    • Include commercial invoices, packing lists, and certificates of origin. Ensure compliance with New Zealand regulations.
  4. Arrange Logistics and Shipping

    • Choose a reliable shipping company. Ensure correct completion of shipping documents, such as bills of lading.
  5. Customs Declaration

    • Work with a customs broker to facilitate the clearance process.
    • Submit all required documentation to New Zealand Customs Service.
  6. Understand Duties and Taxes

    • Familiarize yourself with any applicable import duties and taxes in New Zealand.
  7. Distribution and Sales

    • Establish distribution channels within New Zealand.
    • Consider partnerships with local businesses for effective market penetration.

Key Contacts

Importing goods into New Zealand involves several steps. Here’s a comprehensive guide:

  1. Register as an Importer

    • Ensure your business is registered with the New Zealand Companies Office.
  2. Obtain a Client Code

    • Apply for a client code from the New Zealand Customs Service, which is necessary for import declarations.
  3. Classify Your Goods

    • Determine the correct Harmonized System (HS) code for your products to identify applicable duties and taxes.
  4. Arrange Shipping and Logistics

    • Choose a reliable freight forwarder.
    • Ensure all shipping documents are in order, including the bill of lading and commercial invoice.
  5. Customs Declaration

    • Submit an import entry to New Zealand Customs Service through a customs broker.
  6. Pay Duties and Taxes

    • Calculate and pay applicable import duties and GST through the customs system.
  7. Biosecurity Clearance

    • Obtain clearance from the Ministry for Primary Industries (MPI) if your goods are subject to biosecurity controls.
  8. Receive Your Goods

    • Arrange for the transportation of goods from the port to your warehouse or distribution center.

Key Contacts

Incorporating a company in New Zealand involves several steps. Here’s a comprehensive guide:

  1. Choose a Company Name

    • Check the availability of your desired company name using the Companies Office Register.
  2. Reserve Your Company Name

    • Reserve the name online through the Companies Office website.
  3. Prepare Incorporation Documents

    • Gather necessary details, including director and shareholder information and company constitution (optional).
  4. Register Your Company

    • Complete the incorporation application on the Companies Office website.
    • Submit required documents and pay the registration fee.
  5. Obtain an IRD Number

    • Register your company with Inland Revenue to obtain a tax number.
  6. Register for GST (if applicable)

    • If your turnover exceeds NZD 60,000, register for Goods and Services Tax (GST).
  7. Open a Business Bank Account

    • Open a corporate bank account in the company’s name.

Costs

  • Name Reservation Fee: Approximately NZD 10
  • Company Registration Fee: Approximately NZD 115

Key Contacts

Setting up a manufacturing plant in the Netherlands involves several steps. Here’s a comprehensive guide:

  1. Conduct Market Research

    • Analyze demand, competition, and location advantages in the Netherlands.
  2. Choose a Suitable Location

    • Consider available infrastructure, proximity to resources, and zoning regulations.
  3. Incorporate Your Company

    • Register your business with the Dutch Chamber of Commerce (KvK).
  4. Obtain Necessary Permits and Licenses

    • Apply for construction permits and environmental clearances from local municipalities.
  5. Secure Financing

    • Explore options through banks or investment partners.
  6. Design and Construct the Facility

    • Hire architects and contractors for design and construction.
    • Ensure compliance with local building codes and safety regulations.
  7. Install Equipment and Machinery

    • Purchase and set up machinery necessary for production.
    • Ensure safety and operational standards are met.
  8. Hire and Train Workforce

    • Recruit skilled labor and provide necessary training.
  9. Set Up Supply Chain and Distribution

    • Establish relationships with suppliers and distributors.
  10. Begin Operations

    • Start production and monitor operations for efficiency and quality control.

Key Contacts

Registering a trademark in the Netherlands involves several steps. Here’s a comprehensive guide:

  1. Conduct a Trademark Search

    • Ensure your trademark is unique by searching the Benelux Trademark Register.
  2. Prepare Your Application

    • Gather necessary details, including the trademark design, classification of goods/services, and applicant information.
  3. Submit the Application

    • File your application with the Benelux Office for Intellectual Property (BOIP).
  4. Pay the Application Fee

    • Fees vary based on the number of classes; check the BOIP website for current rates.
  5. Examination Process

    • The application is examined for compliance and potential conflicts.
  6. Publication and Opposition

    • If approved, the trademark is published for opposition. A period is given for third parties to oppose.
  7. Registration and Certification

    • If no oppositions arise, the trademark is registered, and you receive a Certificate of Registration.
  8. Maintain and Renew the Trademark

    • Trademarks need periodic renewal to maintain protection.

Related Costs

  • Application Fees: Depend on the number of classes; refer to the BOIP for specific rates.

Key Contacts

  • Benelux Office for Intellectual Property (BOIP)

Resolving commercial disputes in the Netherlands involves several steps. Here’s a guide on the process:

  1. Attempt Negotiation

    • Start by negotiating directly with the other party to reach an amicable solution.
  2. Mediation

    • Engage a mediator to facilitate discussions. This process is less formal and can save time and costs.
  3. Arbitration

    • Consider arbitration for a private and binding resolution. Both parties must agree to this method.
  4. Seek Legal Advice

    • Consult with a lawyer specializing in commercial law for guidance on your case.
  5. File a Lawsuit

    • If other methods fail, file a lawsuit in the appropriate Dutch court. Prepare necessary documentation and evidence.
  6. Court Proceedings

    • Attend hearings and present your case. Follow legal procedures as guided by your lawyer.
  7. Judgment and Enforcement

    • If a judgment is made, ensure its enforcement through legal channels.

Related Costs

  • Mediation and Arbitration Fees: Vary depending on the service provider.
  • Court Filing Fees: Depend on the jurisdiction and case type; consult local courts.
  • Legal Fees: Vary based on the lawyer and complexity of the case.

Key Contacts

When considering doing business in the Netherlands, various social, cultural, political, and economic factors must be taken into account.

Social and Cultural Factors

  • Language: Dutch is the official language, but English is widely spoken in business settings.
  • Business Etiquette: Punctuality and direct communication are valued. Building relationships and trust is important.

Political Factors

  • Government Structure: Constitutional Monarchy with a Parliamentary Democracy.
  • Stability: The Netherlands has a stable political environment conducive to business.

Economic Factors

  • Economic Stability: Highly developed and open economy with strong sectors in technology, finance, and logistics.
  • Infrastructure: Excellent infrastructure, including ports, roads, and digital networks, supports business activities.

Foreign Exchange

  • Currency: Euro (EUR).
  • Exchange Rate: Relatively stable; businesses should monitor fluctuations for international transactions.

Rule of Law

  • Legal Framework: Strong adherence to the rule of law, with transparent regulations and contract enforcement.
  • Judiciary: Independent, efficient, and reliable legal system.

Business Environment

  • Workforce: Skilled, multilingual, and highly educated labor force.
  • Taxation: Competitive tax rates and incentives for businesses; understanding local tax obligations is crucial.

Key Resources

Our Members Include Leading Organizations in New Zealand

Ask our Experts on Doing Business in/with New Zealand

If you’re looking to do business or invest in New Zealand, we can provide expert guidance, market insights, and valuable connections to help you navigate the local landscape. Contact us today to discover how we can assist in making your venture a success.