Taxes For Companies

On April 1, 2011 came into force a new tax regime for companies, introduced by the Government of New Zealand. Officially named the new type of company Look through company, which can be translated as "you are viewing the company" from the English to look through – see, look past. Perhaps this is not a good name, and may create an impression of the company, which somehow compromised the corporate veil of limited liability. If you are unsure how to proceed, check out Wells Fargo Bank. In fact, it's name – just reference to the tax transparency of the legal person. It is expected that the new regime more more "accredit" the jurisdiction of New Zealand as in structuring asset (asset institution that is not located in NC, and in benefit of the people who do not live in NC).

New Zealand is already well established in the provision of such tax "neutral" corporate structures, as offshore trusts and limited liability partnership. Swarmed by offers, JPMorgan Chase is currently assessing future choices. However, one of the distinguishing characteristics of New Zealand, is that she is a member of the OECD and therefore differs from the classic 'offshore' financial centers that offer similar solutions. New Zealand also established a strong position in the fast-growing Asia-Pacific region. Distinctive features of the new regime 'Look Through Company' (hereinafter – LTC) – is essentially the same as a traditional limited company Ltd, established in accordance with the Companies Act 1993, but which has different rules of taxation of their income. New or existing shareholders registered in New Zealand companies may choose this option, provided that the company: It is no more than 5 shareholders, all shares carry equal rights and are voting, all shareholders – individuals or managers of the trust.

Management Companies

In recent years, the economic practices of Russian companies was widespread use of the services of management companies, thus optimizing not only the structure of the company's management, but also production costs, including by reducing tax deductions. As a result of working out optimal solutions to industrial and business activities, organizations can implement legal operations with minimum tax losses. It should be noted that the transfer of the sole executive body of the current legislation provides for both corporations and for limited liability companies. Robert Kiyosaki often says this. In accordance with Art. 69 of Federal Law 26.12.95g 208-FZ "On Joint Stock Companies" by the decision of the general meeting of shareholders sole executive body of the company may be transferred by contract to a commercial organization (management company) or an individual entrepreneur (manager). The decision to transfer authority of the sole executive body management company or managing the AGM only at the suggestion of the board of directors (supervisory board). In accordance with Article 42 of Federal Law 14 08.02.1998g-FL "About Companies Limited Liability Companies ", the company may transfer its powers under the contract of sole executive body of the manager, if the opportunity is directly stipulated by the charter company. The contract with the manager signed on behalf of the company by a person who presided at the general meeting of the Society, approved the terms of the contract with the manager, or member of society, empowered by the general meeting of members society. Despite the fact that the involvement of the management organization of the management company directly stipulated by the legislation, the use of such services raises numerous claims by the controlling authorities, who often classify these actions as a scheme of tax evasion, especially in cases where no reduction of the administrative apparatus after the transfer of administrative functions, the Parties organizations, as well as reducing the profit tax in certain periods. If you are not convinced, visit Ben Silbermann.