New changes are being introduced by the Companies Amendment Act 2014 and the Limited Partnerships Amendment Act 2014.The amendment acts have been introduced to help prevent the misuse of the Companies Office registers, and to provide the Registrar of Companies with additional powers. These changes are intended to improve the integrity of the information held on the registers and will be phased in to ensure that companies and limited partnerships have every opportunity to prepare for, and meet, their obligations.
From 1 July 2015
All New Zealand companies incorporated prior to 1 May 2015 filing annual returns after 1 July 2015 will be required to provide:
- The date and place of birth of all directors(these will not be publicly available)
- Details of any Ultimate Holding Companyif applicable.
Note | This information is required to complete an annual return. The Registrar will take steps to remove any company that does not provide an annual return from the register.
From 28 October 2015
All New Zealand companies will be required to have at least one director that either lives in New Zealand; or lives in Australia and is a director of a company incorporated in Australia by 28 October 2015.When filing annual returns after 28 October 2015 New Zealand companies will need to indicate whether any director living in Australia is also a director of a company incorporated in Australia.
They will also need to provide details of one of those Australian companies (ACN, name and registered office address).
Note: Changes that took effect from 1 May 2015 can be accessed via this link.