The following Commercial guidance note Produced in partnership with Rodney Craig of MinterEllisonRuddWatts with the assistance of Lauren Archer and Silvia Curin Brown provides comprehensive and up to date legal information covering:
Updated in April 2019
The business environment
Forming a company
Financing a company
Opening a branch office
Opening a bank account
Utilising office space
Key employment laws
Contracting with third parties
Protecting key assets and employees
New Zealand is an open and competitive economy with a population of around 5 million. New Zealand has a range of strong manufacturing and service sectors, which complement a highly-efficient agricultural sector. The economy is strongly trade-oriented, with the agricultural, horticultural, forestry, mining, energy and fishing sectors playing an important role in the export sector and employment. Overall, the primary sector contributes over 70% of New Zealand’s merchandise exports. Foreign investment is generally welcomed and the government is supportive of business, economic development and employment growth.
New Zealand is currently ranked by the World Bank as the best country in the world for ease of doing business and starting a business.
New Zealand has also been ranked as the second least corrupt country, behind Denmark, by Transparency International in its Corruption Perceptions Index 2018.
The strength and durability of New Zealand’s economy can largely be attributed to the following factors:
a strong primary sector that is quick to respond to global opportunities
a flexible economy, which has been able to respond to shifts in markets and manage significant economic shocks
a generally sound and
**Trials are provided to all LexisPSL and LexisLibrary content, excluding Practice Compliance, Practice Management and Risk and Compliance, subscription packages are tailored to your specific needs. To discuss trialling these LexisPSL services please email customer service via our online form. Free trials are only available to individuals based in the UK. We may terminate this trial at any time or decide not to give a trial, for any reason. Trial includes one question to LexisAsk during the length of the trial.
To view the latest version of this document and thousands of others like it, sign-in to LexisPSL or register for a free trial.
Existing user? Sign-in
Take a free trial
0330 161 1234
To view our latest legal guidance content,sign-in to Lexis®PSL or register for a free trial.