Buying a company in New Zealand and hiring myself

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John_1 Member

Member since 19 June 2019

John_1Member19 June 2019 13:58:11

Greetings. I am trying to migrate to New Zealand, but can't find a job and don't have enough business experience to apply for an investor visa. Would it be possible to buy an existing company (or perhaps set up a limited company?) and then hire myself? Has anybody ever had this idea, and did it work?

Rainmaker21 Active member

Member since 29 May 2018

Rainmaker21Active member28 August 2019 07:46:12

Hi John,

You can register for a limited company or transfer a limited company from elsewhere but you'll need to go through an accountant to negotiate the IRD process. I suspect you'll find it hard if you don't have a job first as they will want ti know the nature of your business, expected income etc聽 etc

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