New Zealand is a developed country with a population of 4.4 million. It has a GDP of $135 billion and exports mainly to Australia, China, the US, and Japan. New Zealand has a constitutional monarchy and parliamentary democracy. It has a modern economy that has been deregulated and open to international trade and investment since the 1980s.

1. Basic Facts and Information about
New Zealand
New Zealand is well developed modern nation, with Population: 4.4 million
an efficient market orientated economy, first world
infrastructure, a world-class financial and banking Currency: New Zealand Dollar (NZD)
system, and a secure and stable government.
GDP: NZD 189.2 billion (approx. USD 135
As an upstanding member of the international billion)
community, New Zealand is participant in several GDP per capita: NZD 43,269 (approx. USD 31,071 )
multinational organizations, including the United
Nations, World Trade Organization, International Top Export Partners:
Monetary Fund, Organization for Economic Australia NZD 9.9 billion
Cooperation and Development, the South pacific China NZD 4.2billion
Forum, the Asia Pacific Economic Cooperation, and USA NZD 3.7 billion
the Commonwealth. Japan NZD 3.2 billion
UK NZD 1.5 billion
Total Exports NZD 41,463 billion
Total Imports NZD 40,597 billion

2. New Zealand New Zealand Business
Geographic Overview Overview
New Zealand is an island nation In the past the New Zealand
located 2000 kilometers south-east economy was constrained by Double Taxation Agreements
of Australia. It is comprised of two numerous government regulations, Australia
primary landmasses, known as the import tariffs, import controls, Austria
North and South Islands, and a subsidies and a platitude of other Belgium
significant number of smaller islands. legislations. Since 1984 the New Canada
The largest city in New Zealand is Chile
Zealand government has led an
People's Republic of China
Auckland, in the top half of the overhaul and rethink of economic Czech Republic
North Island, while the capital, and financial legislations, staging the Denmark
Wellington, lies in the Southern tip path for the national economy to Finland
of the northern island. The land become deregulated, decentralized, Fiji
mass of New Zealand consists of and open to international France
368,680 square kilometers, making it Germany
investment.
Indonesia
the 75th biggest nation in the world
India
and covers 0.18% of the world's As part of the economic overhaul Ireland
surface. process, New Zealand has affirmed Italy
its aim to strengthen its political, Japan
New Zealand economic and trade ties with nations Korea
Malaysia
in Asia and the Pacific Rim. This is
Government Overview evidenced by the large number of
Mexico
Netherlands
trade-pacts currently signed Norway
New Zealand is a constitutional
between New Zealand and Asian Philippines
monarchy with a parliamentary
countries. New Zealand was the first Poland
democracy. The parliament building Russian Federation
Western country to have signed a
resides in the capital, Wellington, in Singapore,
free-trade agreement with China.
a building dubbed "The Beehive". South Africa
Queen Elizabeth II is currently the Spain
Today New Zealand is internationally Sweden
Queen of New Zealand, although is
recognized for being an Switzerland
represented by the Governor-
exceptionally easy and safe country Taiwan
General. The Governor General of
in which to do business. In the World Thailand
New Zealand is able to exercise a United Arab Emirates
Bank’s 2010 the “Doing Business”
certain number of reserve powers, United Kingdom
survey, New Zealand was ranked as
like the appointing and dismissing United States of America
the third for the overall “Ease of
Governors and Prime Ministers,
Doing Business” category. It was also Free Trade Agreements
dissolving Parliament, and refusing
ranked top for the “Ease of Starting a
the Prime-Minister's request for an Australia
Business” and “Investor Protection”. People’s Republic of China
election.
The Transparency International Thailand
Singapore
“Corruption Perceptions Index 2010”
New Zealand is a common law Brunei
ranked New Zealand as the least Chile
jurisdiction, developed from case
corrupt country in the world, Malaysia
law and statutes previously enacted Hong Kong
alongside Denmark and Singapore.
by the New Zealand Parliament.

3. Time Overview
Standard time zone:
UTC/GMT +12 hours
Standard Public Holidays
New Year's Day
1 January
Day after New Year's Day
2 January
New Zealand Tax Overview
Waitangi Day
Taxation in New Zealand is administered and operated by the Inland 6 February
Revenue Department (IRD). Any individual or business entity wishing to
work in the country is obligated to register for an IRD number. Even ANZAC Day
companies which are registered but are not indented to operate 25 April
immediately must register for an IRD number.
Christmas Day
st
The New Zealand financial year runs from April 1 to March 31 . st 25 December
As of April 1st 2011 the primary tax rates faced by companies are: Boxing Day
26 December
Corporate Income Tax : 28%
Goods and Service Tax: 15%
Capital Gains Tax: 0%
The New Zealand government has made a clear that non-resident receiving
income that was sourced from non-New Zealand activities will not be liable Legal Disclaimer
for New Zealand tax liabilities. To that effect, several entity types are
currently available in New Zealand which can facilitate the government’s 0% Neither this brochure nor our
tax intentions: New Zealand Foreign Trusts, New Zealand Limited website provides neither tax, nor
legal or accounting advice. Please
Partnerships, and New Zealand Look-Through Companies.
do not confuse the information
given in our brochures, websites
New Zealand Banking and Finance Overview and communications with a
professional consultation. This
brochure should not be construed
The Reserve Bank of New Zealand is charged with implementing the as a solicitation or offering of any
government’s monetary policy in the country, and supervising the national other service of Abaconda
banking sector. The banking industry is open to new entrants, from overseas Management Group Ltd.
or locally, but they must be registered and approved by the Reserve Bank.
Companies wishing to offer financial services in New Zealand must also be
Abaconda Management
approved and registered with a national Dispute Resolutions Scheme (if
Group
providing retail services), which are aimed at providing some safeguards for 556 Cameron Rd, Office 3
consumers. Tauranga South
Tauranga
3112
New Zealand
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