New Zealand Economic and Financial Overview
New Zealand has a small open economy which operates on free market principles. It has a sizable manufacturing and a large services sector complementing a highly efficient export oriented agricultural sector. Primary commodities account for more than half of total goods exports while exports of goods and services represent around one third of real expenditure GDP.
New Zealand economic overview
New Zealand has an open economy that works on free market principles.
Industry Trends & Business Climate
New Zealand’s business environment
Ratings by international rating agencies of NZ and selected economies
Economy Profile 2016 New Zealand
How New Zealand and comparator economies rank on the ease of doing business
Establishing a Presence
Business Registration Requirements – Starting a Business in New Zealand
There are few restrictions on establishing, owning and operating a business in New Zealand. The process of starting a business can take as little as three days.
Business types – Different Types of Business Structures & Ownership
There are a number of structures that you can choose from when starting or expanding your business in New Zealand.
Different Types of Business Structures & Ownership
Pluses and minuses of the various business structures available in New Zealand
Business Registration Requirements – Starting a business
All businesses must register with Inland Revenue for tax purposes, but companies also have to be incorporated with the Companies Office. The first step is to get an IRD number from Inland Revenue.
Corporate – New Zealand Corporate Tax Rate
The Corporate Tax Rate in New Zealand stands at 28 percent. Corporate Tax Rate in New Zealand averaged 34.46 percent from 1981 until 2015, reaching an all time high of 48 percent in 1986 and a record low of 28 percent in 1988. Corporate Tax Rate in New Zealandis reported by the New Zealand Inland Revenue Department.
Corporate – New Zealand – Corporate tax administration
Corporate tax procedures in New Zealand
Personal – New Zealand Personal Income Tax Rate
The Personal Income Tax Rate in New Zealand stands at 33 percent. Personal Income Tax Rate in New Zealand averaged 36.41 percent from 2004 until 2014, reaching an all time high of 39 percent in 2005 and a record low of 33 percent in 2011. Personal Income Tax Rate in New Zealand is reported by the New Zealand Inland Revenue Department.
Personal – Income Tax In New Zealand for Newcomers
Personal tax rates and information on how to register with the IRD
VAT/Sales Tax – New Zealand Sales Tax Rate | GST
The standard rate of GST (Goods and Service Tax) is 15 percent. In addition to others, zero-rated supplies include exported goods and services
VAT/Sales Tax – New Zealand – KPMG
A comprehensive guide to the Sales tax (VAT) in New Zealand
Work Permits – New Zealand visas
See Visit Australia – Business Visits
New Zealand visas
See Visit Australia – Just visiting
Getting around New Zealand on local transport
A guide to public transportation
Telecom/IT – Spark New Zealand
Spark New Zealand (formerly Telecom New Zealand) is a New Zealand-wide communications service provider (CSP), providing fixed line telephone services
Telecom/IT – New Zealand – Overview of the 2nd Tier Telcos
This site profiles some of the 2nd tier telcos in the New Zealand market, including CallPlus, M2, WxC, and Southern Cross Cable.
Working & Living in New Zealand
Public and private transportation information
Labor Rules and Regulations – The Employment Relations Act for employers
If you are a business owner employing staff you have certain obligations to meet under the Employment Relations Act. These obligations stand regardless of whether you hire one employee part-time for two hours per day, or have multiple employees on full-time contracts.
Labor Rules and Regulations – Employment rights – work in New Zealand
New Zealand has a comprehensive set of employment laws that help keep workplaces fair.
Social Insurance – New Zealand – Social Security
Summary of all benefits from the New Zealand government
Social Insurance – New Zealand Guide: Unemployment benefit
New Zealand citizens and permanent residents are entitled to apply for unemployment benefit (or ‘ dole’) and no history of contributions or tax deductions is required to make a claim.
Safety – Visitors to New Zealand – safety guide
New Zealand is a relatively safe travel destination but we are not crime free. It is important you take the same precautions to look after yourself and your possessions as you would at home.
Education – School system – education & schooling
Schools provide the second level of education. Free education is provided to New Zealand citizens or permanent residents in state (government owned and funded) schools between the ages of five and 19. The education system for schools comprises 13 Year levels. Schooling is compulsory from ages six to 16 (which for most students is Year 11) although most students carry on to Years 12 and 13.
Cost of Living in New Zealand
Cost of living information includes price indices for rent, food, utilities, transportation, restaurants, clothing and more
Compare cost of living in New Zealand
Overall the cost of living in New Zealand is comparable to what you’ll find in any OECD country.
Business Etiquette – New Zealand Guide: New Zealand business etiquette
The dos and don’ts of business etiquette in New Zealand
Business Etiquette – New Zealand – Business and Workplace Culture
A guide to business meeting behavior
Climate of the World: New Zealand
Climate: New Zealand’s maritime climate is temperate with an average of roughly 2000 sunshine hours a year. New Zealand’s seasons are the opposite of the northern hemisphere’s – summer starts in December, autumn in March, winter in June and spring is September.January and February are the warmest months, with July the coldest. Overall, the climate is fairly mild with few extremes of temperatures.
Climate – New Zealand Travel Guide : New Zealand Climate
New Zealand has mild temperatures, moderately high rainfall, and many hours of sunshine throughout most of the country. New Zealand’s climate is dominated by two main geographical features: the mountains and the sea.
Safety – New Zealand – Bureau of Consular Affairs
US Department of State – Go to Safety and Security for updates from the Australian government
Holidays and observances in New Zealand
Schedule of national holidays and observances
Holidays – New Zealand Public Holidays 2015 2016 2017 2018 2019
National bank holidays, statutory holidays, Auckland Anniversary Day. Regional holiday dates observed in New Zealand
Demographics – New Zealand Demographics
Demographic information includes population, quality of life, health, sports, technology, energy and the environment
Demographics – New Zealand – The World Factbook
Demographic facts and figures from the CIA
Education in New Zealand – Ministry of Education
New Zealand’s education system has 3 levels and reflects our unique and diverse society.
Import/export Regulations – New Zealand Customs
Businesses considering importing should be aware of government regulations, duty taxes, permits, and quarantine and treatments that apply to imported goods.
Import/export Regulations – Importing & exporting | Business.govt.nz
Importing or exporting can be a great way to tap into new markets and expand your business – but there are some obligations to be aware of and some common pitfalls to avoid. Find out what you need to know before exploring overseas markets.
Trade Agreements – Trade and Economic Relations
Trade relationships and agreements from the New Zealand Ministry of Foreign Affairs & Trade
Trade Agreements – New Zealand Customs Service
Free Trade Agreements (FTAs) assist New Zealand traders (exporters and importers) by providing improved access to partner markets, and reducing trade barriers (such as Customs procedures) in those markets.
Housing and Rentals
Housing and property | NZ Government
House and apartment information.
New Zealand Accommodation: Hotels, Hostels & Luxury Lodges
New Zealand accommodation options are diverse, with something for every level of comfort and budget.
Welcome to New Zealand | Official site for Tourism New Zealand
Travel information from the official New Zealand travel web site
New Zealand Travel Guide | Fodor’s Travel
From the Bay of Islands’ pristine beaches in the north to the soaring pinnacles of Milford Sound in the south, New Zealand is a stunner.