JD Supra New Zealand

Publisher

Law Firm

Latest documents

• Establishing a Business Entity in New Zealand (Updated)

  TYPES OF BUSINESS ENTITIES - There are various entities available in New Zealand from which a business can be operated. The most commonly adopted entities are: 1. Company (including Incorporated Joint Venture (JVC)) 2. Partnership 3. Limited Partnership (LP) 4. Unincorporated Joint Venture (JV) 5. Trading Trust Each has its advantages and disadvantages, and each pose different obligations and requirements, both from a regulatory perspective and an internal perspective.

• Establishing a Business Entity in New Zealand (Updated)

  TYPES OF BUSINESS ENTITIES - There are various entities available in New Zealand from which a business can be operated. The most commonly adopted entities are: 1. Company (including Incorporated Joint Venture (JVC)) 2. Partnership 3. Limited Partnership (LP) 4. Unincorporated Joint Venture (JV) 5. Trading Trust Each has its advantages and disadvantages, and each pose different obligations and requirements, both from a regulatory perspective and an internal perspective.

• RM Reform gets rolling: Bills introduced to Parliament and submission closing date already looming

  Resource management reform is one step closer. The much anticipated Natural and Built Environment Bill and Spatial Planning Bill have been introduced to Parliament and submissions close on 5 February 2023. Please see full Publication below for more information.

• Establishing A Business Entity In New Zealand (Updated)

  TYPES OF BUSINESS ENTITIES - There are various entities available in New Zealand from which a business can be operated. The most commonly adopted entities are: 1. Company (including Incorporated Joint Venture (JVC)) 2. Partnership 3. Limited Partnership (LP) 4. Unincorporated Joint Venture (JV) 5. Trading Trust Each has its advantages and disadvantages, and each pose different obligations and requirements, both from a regulatory perspective and an internal perspective. Please see full Chapter below for more information.

• New body corporate laws one step closer

  New body corporate laws are another step closer with the Finance and Expenditure Select Committee having now heard submissions on the Unit Titles (Strengthening Body Corporate Governance and Other Matters) Amendment Bill.

• Jabs, bubbles and burst of changes… Are your employment contracts up to date?

  Changes to New Zealand Employment Law are coming thick and fast since the pandemic landed within our borders. Now is a great time to familiarise yourself and get ahead of the changes ensuring your employment agreements are up-to-date so that your organisation can continue to sail smoothly.

• New Zealand Government Introduces World-First Climate-Reporting Disclosure Laws

  On April 12, 2021, the New Zealand government introduced an omnibus bill into parliament, aiming to introduce mandatory requirements for businesses in the financial sector to disclose the impacts of climate change on themselves and develop strategies to manage climate change risks and opportunities. The Financial Sector (Climate-related Disclosures and Other Matters) Amendment Bill 2021 (Climate Bill) is touted by the New Zealand government as a "world first" piece of legislation.

• Call for changes to the way we vote. But will the lawmakers listen?

  After every general election, the Electoral Commission (Commission) issues a report on how the election went and what, if any, improvements can be made. In the report just published on last year’s general election there is good news and a clear signal some significant changes should be made.

• Can an interest in a discretionary trust ever be a proprietary interest?

  Kea Investments Limited v Watson [2021] JRC 009 - In recent years there have been increasing challenges in foreign courts to the use of corporate and trust structures to hold private wealth. As far as public opinion and news agencies are concerned trusts are utilised for tax avoidance — if not tax evasion — and the avoidance of legitimate claims from the likes of creditors and estranged spouses.

• Is there such a thing as a moral budget?

  As the country stands at that crossroads, today’s budget doesn’t give an entirely clear direction as to which way we’re travelling. Blame Finance Minister Grant Robertson’s instincts. Robertson is a refreshingly emotional politician, unafraid to show his heartfelt empathy for anyone facing tough times. But he is also coolly pragmatic. As fast as he wants to go, he has no appetite for scaring middle voters back to National which means he’s keeping his foot only lightly on the pedal. Please see full Publication below for more information.

Featured documents

• Guide to Doing Business in New Zealand: Court and Legal System (Updated)

  COURT AND LEGAL SYSTEM - The New Zealand legal system is modelled on the English common law system of judge-made (or case) law and statutory law made by the central government. There is a hierarchy of courts, which includes: • Disputes Tribunal (dealing with small claims) •...

• Consumer credit update

  Hot on the heels of the Credit Contracts Legislation Amendment Act (the Amendment Act) being passed into law on 19 December 2019, the consumer credit law reform programme has not lost any of its momentum in 2020....

• Independent contractor or employee – more from the Employment Court

  Closely following the ‘land-mark’ decision from the Employment Court determining that a courier driver, Mr Leota, was an employee of Parcel Express Limited, the Employment Court has released another example of how the employment relationship status of an individual will be determined, this time...

• Sweeping new changes to influencer advertising will apply from 14 September

  If you engage influencers – or even just provide free products and services to influencers – from Monday 14 September 2020, the Advertising Standards Authority’s new influencer guidance will apply to you. The ASA’s new AdHelp Information on influencer advertising introduces new requirements that...

• Financial Law Insight - A spoonful of sugar to help the CoFI go down

  Last month MBIE released two Consultation Papers relating to the Financial Markets (Conduct of Institutions) Amendment Bill – or as it’s known, the CoFI regime....

• Guide to Doing Business in New Zealand: Major Forms of Business Organisation (Updated)

  MAJOR FORMS OF BUSINESS ORGANISATION - A foreign company or investor proposing to establish a business in New Zealand may choose from a number of different entities or forms of business organisation. Each of these forms has its advantages and disadvantages. Business owners will need to...

• COVID-19 and contractual obligations (New Zealand)

  COVID-19’s effects are having a significant impact on the global economy and are likely to cause considerable disruption to commercial activities. As a result, many New Zealand companies are bracing for major changes to what was only a few weeks ago considered “business as usual”....

• Was Budget 2020 a missed opportunity?

  There’s no question that helping the economy stabilise and recover was the first and pressing priority for the government, and the predominance of the ongoing COVID-19 support package was no surprise. But equally there can surely have been few greater opportunities than this to act boldly on the...

• Changes afoot for freshwater management

  There have been some changes to watch in the freshwater policy space, with recent amendments made to the Resource Management Act (RMA) to establish a new 'freshwater planning process'. The recent RMA amendments also introduced a new requirement for farms to have certified ‘freshwater farm plans’ ...

• The 21st Century’s “Chernobyl moment” - Panel finds crucial failures in WHO and worldwide response to COVID-19

  The Helen Clark-led COVID-19 panel of experts has found there were crucial shortcomings in the world’s response to the deadly pandemic, which has now claimed over 3.3 million lives. ...