Residency status of a company

According to section YD 2, a company is deemed to be New Zealand resident if it satisfies any of the tests below:

• It is incorporated in New Zealand
• Its head office is in New Zealand
• Its centre of management is in New Zealand
• Its directors, in their capacity as directors, exercise control of the company in New Zealand, even if the directors’ decision-making also occurs outside New Zealand.

Please note that if any of the criteria above is met, the company will become a NZ residence for tax purposes. 

Disclaimer: The following answer necessarily sets out general principles only. The facts of particular cases always need to be considered carefully, and it may be necessary to obtain advice from a tax expert.

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