New Zealand (NZ) has a relatively deregulated and open economy and is consistently ranked as one of the easiest countries in which to do business. The World Bank and International Finance Corporation (IFC) ranks NZ first in the world for protecting investors and starting a business. As well as simplicity the tax system has the major attractions of predictability, fairness and a minimum of loop holes. Of course one of the major attractions of NZ is the more relaxed living philosophy and lifestyle which seems to be more obtainable than in many other countries.
However local knowledge of the legal, accounting and taxation framework is essential when looking to set up or do business in NZ. This document provides a brief summary of the practical issues you will need to consider.