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New Zealand - An Offshore Jurisdiction?
New Zealand is an English speaking common law jurisdiction
with well developed professional infrastructure, a member
of OECD and FATF and not considered in the northern hemisphere
as a tax haven.
A New Zealand offshore trust is a fully compliant tax
elimination structure from a reputable country for a low
price. Click here to see a price
guide.
Compared to trusts structured in other countries, in our view, what makes the New Zealand trust superior are the features that follow.
Under New Zealand tax law if you have:
- An overseas resident settlor
- A New Zealand trustee
- Income from foreign sources
- Beneficiaries resident overseas
Then the following benefits are retained:
- No taxes are paid in New Zealand
- No tax reporting is required in New Zealand
- No disclosure is made of the existence of
the trust
- No disclosure of your involvement
- No registration or filing of the trust is
required in New Zealand
- A privately owned and controlled company
may act as trustee
Neither directors nor shareholders need be NZ resident.
Company meetings can take place anywhere in the world.
Tax Free New Zealand - Detailed Information
To see an explanation
of how a New Zealand offshore trust can be used as
a tax elimination structure
click here. You will need to
get acrobat reader to view this PDF document. Please
be patient if you have a slow Internet connection.
For an even more detailed
explanation, please see
this article written by Professor John Prebble, a
leading authority on international tax planning and a
professor in the faculty of law at Victoria University
in Wellington, New Zealand. Professor John Prebble is
not associated with Designer Asset Management.
If after reading through these articles and the FAQ
page your questions are still not answered please
Contact Us.
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