IRD/GST Registration

The registration of your company for IRD and GST numbers is an additional service we offer for the modest fee of $25.00 GST inclusive, thus eliminating another administrative headache for you. The fee remains the same regardless of whether you require just an IRD number or GST registration as well.

Registration as a Loss Attributing Qualifying Company (LAQC)
Registration with IRD as a LAQC is a popular option for companies in New Zealand. It allows companies with 5 or fewer Shareholders to pass the company’s tax losses through to Shareholders in direct proportion to their shareholding.

LAQC status represents the ideal combination of the benefits of a company with the taxation benefits of a partnership, giving Shareholders the ability to obtain immediate benefit from tax losses incurred by the company.LAQC status comes with a cost – in the process of adopting LAQC status the company’s Shareholders must guarantee the company’s tax bill in proportion to their individual shareholdings. This guarantee is for Income Tax only and does not extend to GST, PAYE, FBT, or NRWT.

The registration of your company for LAQC status is an additional service we offer for the modest fee of $75.00 GST inclusive, thus eliminating another administrative headache for you. Because it is necessary to register your company for an IRD number at the same time, this includes the cost of IRD/GST registration.