Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Companies Office Fees Reduction

Companies Office Fees Reduction Lowers Compliance Costs To Business

Registering a company online will become significantly cheaper from 1 January 2002, following the announcement by the Companies Office of reduced fees for a number of business registry services.

The reductions will apply to over 650,000 transactions each year, saving the New Zealand business community over $5 million in annual compliance costs. This is the second round of cost reductions announced by the Companies Office since June 1999.

The cost of online company name reservation, the first step towards registering a company in New Zealand, has been reduced from $15 to $10, while the online reservation fee drops from $70 to $50.

Registration of company documents also becomes significantly cheaper. The cost of filing an online annual return will drop from $30 to $15, registering a charge from $50 to $5, and registering a financial statement from $250 to $100. The cost of online file searches will also drop from $4 to $2 per search.

Companies Office Manager Justin Hygate has described the fee reductions as significant savings that will deliver tangible benefits to both companies and the Companies Office.
“The new fee regime will further promote use of our online services available through the Companies Office website. This enables faster, easier, and cheaper updating of company details, which will consequently ensure that the information on the companies register is current.”

Ends

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Manawatu-Whanganui Projects: PGF Top-Up To Rural Broadband Roll-Out

The government has effectively raided the $3 billion Provincial Growth Fund to top up the budget for the second phase of its rural broadband initiative, filling in mobile 'black spots' and ensuring broadband is available to marae that don't have access now. More>>

ALSO:

Other Windy Cities: Auckland-Chicago Named A Top 10 ‘Most Exciting’ New Route

The inclusion of Auckland-Chicago on Lonely Planet’s Where to fly in 2019? The 10 most exciting new flight routes list comes just two weeks before Air New Zealand prepares to celebrate its inaugural flight to Chicago’s O’Hare International Airport on 30 November. More>>

Deadly Strain: ESR Ups Its Reporting On Meningococcal Disease

The increasing number of cases of Group W Meningococcal disease (MenW) has prompted ESR to increase its reporting on the disease to the Ministry of Health. ESR has upped its reporting to weekly. More>>

ALSO:

Very Small Things: "Game-Changing" 3D Printing Technology Launched

New Zealand microfabrication researchers Andrea Bubendorfer and Andrew Best, the co-inventors of a new way of fabricating very small things with Laminated Resin Printing (LRP), are part of Callaghan Innovation’s MicroMaker3D team launching the new patent pending technology in the US this week. More>>

ALSO: