Overview of a New Zealand Private Trustee Company (PTC).

A conventional company can act as a trustee of a New Zealand Exempt Trust. No particular name is needed and there is no licensing requirement. It is advisable to have a New Zealand resident qualified director to enable the trust to enjoy full benefits of the trust’s tax exemption. A PTC may have a minimum of one director and one shareholder, and all shares can be held by a nominee or an overseas person. A New Zealand PTC can be formed in 24 (twenty four) hours.

The information disclosed in the Companies registry is limited to the names of directors (who must be natural persons) and shareholders, and the registered office of the company. As a rule annual accounts need not be filed with any regulatory body.

What we do, continued

• Trustee Relationship
• Nature of an Exempt Trust
• International Aspects and Double Tax Agreement
• New Zealand Trust Structure
• New Zealand Tax Position
• Private Trustee Companies (PTC)
• New Zealand Limited Partnerships
• Confidentiality and Reporting Requirements