Companies Office Fees Increase
Thursday, 7 June 2012
The New Zealand Companies Office is changing its fee structure, quite significantly in some areas.
On 1 August 2012, the Companies Office will be making a series of changes to the fees it charges for services, and will also begin to collect levies to fund the Financial Markets Authority (FMA) and the External Reporting Board (XRB).
The new Companies Office fee structure addresses a funding deficit and better reflects the true cost of delivering services to the users of the Companies Office registers. FMA and XRB levies will now be included within most registration fees, annual return fees and with the filing of a prospectus.
The one increase which affects small business and rental property owners using a company trading structure is filing a Company Annual Return, it's currently free but come 1 August 2012 it will cost $45 (inc GST). Kiwitax provides a service to look after filing Company Annual Returns but unfortunately for the clients we file these returns for, we'll need to pass on this cost - it's less than ideal and please accept our apologies in advance for this change.
For more info on the Companies Office fee changes here's the details.
As always if you have any questions please ask, always happy to help.
We're always happy to help and talking with us is always free.
Please ask us