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Legal Forms of Companies

Sole Trader or Proprietorship

Number of partners: One natural person
Capital (max/min): No minimum capital required
Shareholders and liability: Liability is unlimited

Limited Liability Company

Number of partners: Minimum 2. No limit. Under the Companies Act 1993, there must be one or more shareholders and directors (who can be the same person).
Capital (max/min): NZD 1
Shareholders and liability: Limited to the amount of share capital subscribed  

Trust

Number of partners: Minimum: 1 trustee
Capital (max/min): NZD 1
Shareholders and liability: Trust property

Limited Liability Partnership

Number of partners: Minimum: 2 with (one general, one limited); no maximum.
Capital (max/min): No minimum capital required
Shareholders and liability: Limited partners only liable to the extent of their contribution to the partnership. Joint and several liability for general partners.

The Competent Organisation

The administrative formalities must be carried out at the New Zealand Companies office.

Company directories

New Zealand Companies Office Register

Source: Doing Business, 2016