New Zealand Finance Company

Start your own New Zealand Finance Company quickly and easily. Opening a financial institution in New Zealand allows you to be your own bank offshore. New Zealand legislature allows you to operate a finance company that can perform banking transactions just as any onshore financial organization. The New Zealand Securities Commission has published Corporate Governance protocol for operating a finance company. When you form your N.Z. company and open your deposit account, you are not subject to Central Banking Regulation. Your New Zealand finance company must follow guidelines set forth by the Securities Commission and the Governing Banking Regulations set in several legislative acts as New Zealand finance law. Much less regulation and reporting than chartered financial institutions that are supervised by Central Banking regulations.

New Zealand Securities Commission Principles For Corporate Governance

Below is a summary of the principles published by the N.Z. securities commission as a handbook for corporate executives, directors and advisors. Your New Zealand Finance Company will be formed and operated under New Zealand corporate governance.

• Directors will demonstrate high ethical standards
• The board shall be balanced to work effectively fostering independence, experience, skills, working knowledge and perspective
• Responsibility will be retained in focus areas while improving effectiveness through the implementation of committees of the Board.
• Company affairs will be handled with integrity; specifically, financial reporting and disclosing entity affairs
• Director, Executive and Advisors of the New Zealand Finance Company will be provided a fair and reasonable salary or payment for services and maintain transparency
• The board will manage risk by implementing processes that identify potential weaknesses
• The board will ensure an independent and quality external audit process
• The board should foster shareholder involvement and build positive relationships that encourage and attract investor engagement
• The board should respect the interest of all stakeholders through the company's purpose and ownership

All of these principles contribute to a high standard in New Zealand Corporate Governance which includes the New Zealand Finance Company. You can view the New Zealand Corporate Governance report or order a hard copy from the New Zealand Securities Commission by calling 04 472 9830 and requesting a copy.

New Zealand published this report for Corporate Governance that applies to a number of entities. The intention is to enforce high standards for Board member compliance through these principles, actions and processes and demonstrate this in their adherence to the formalities. The information is structured well and is formatted to help entities achieve the result for each outlined principle. Not all of the nine principles apply to every entity, however each New Zealand company should observe these principles to their fullest extent.

New Zealand Finance Company Packages

When you order a New Zealand OFC, you will receive all of the prepared applications, legal documents, forms and disclosures as well as assistance with the set up of your bank account, financial software and issuing of Debit/ATM and private label credit cards.

OFC Organization

1. New Zealand Finance Company authorized to operate as a bank
2. Registered company documents and your corporate seal
3. Resident Agent services and statutory representation
4. All government filings
5. Registration of Securities
6. Licensing and issuer status approval
7. Assistance with your deposit account opening
8. Assistance with your financial online banking software, setup and support
9. Third party debit card and private label credit card issuing