We provide assistance with company governance and administration, including professional and independent directors.
The role of external company directors is to:
These appointments are valuable where stakeholders appreciate the benefits of a professional and independent board member who can provide specialist skills in all of the above areas.
It is important to be aware that directors who aren't involved in the day-to-day management of the company can still be subject to prosecution, fines and even imprisonment if there are accidents or financial issues. Because of this, being a director means that there should be active engagement and commitment of time to ensure that duties are properly carried out, matters are fully considered and risks are properly managed.
All New Zealand incorporated companies are required to have at least one director who is living in New Zealand, or who is living in Australia and also a director of an Australian company.
If you represent a New Zealand company that requires a New Zealand resident director we would be happy to discuss taking on the role. In that case, one of our directors would become a director of the company, enabling it to comply with this requirement.
Company directors are just one part of company governance. As companies grow in size, demands increase from stakeholders, financiers and regulators. The design of appropriate governance structures to support business owners and operational management is therefore vital. Key points to be decided when reviewing governance matters include:
Advisory Board members generally operate as mentors and may attend Board meetings as an independent advisor to a Board.
It's not just the annual return! Any time there are changes in ownership, directorship or many other matters, Companies Act requirements must be met. The administration requirements for New Zealand incorporated companies have increased over recent years, as has Companies Office policing of those requirements and its willingness to penalise company directors for non-compliance.
Baker Tilly Staples Rodway is a safe pair of hands that handles company administration requirements for hundreds of companies.
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Support for all stages of the process when you are looking to expand by acquisition.
Providing expert opinion, economic loss assessments and other support for litigators.
New Zealand employers who intentionally withhold pay from employees could now face hefty penalties: Imprisonment for up to a year and a fine of up to $30,000.
Minister of Finance, Nicola Willis, presented her second budget this afternoon.
Businesses like right-leaning governments. It’s no surprise that approval for the Government’s economic management has shot up since before the last election, when leaders’ approval ratings had plummeted almost to single figures in our Baker Tilly Staples Rodway polling.
A limp economy has brought little relief to New Zealanders despite a shift in tax brackets, according to this year’s Tax Freedom Day calculations. Kiwis are set to spend 135 days paying tax this year, a day more than in 2024.
Our 2025 pre-budget survey has revealed a mixed business scorecard on the Government’s performance. Business optimism ahead of this year’s Budget is markedly better than it was pre-election, but the overall report is "could do better".
Inland Revenue has released an exposure draft on not-for-profit (NFP) transactions – including a proposal that threatens the existence of some small clubs and societies across New Zealand…
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In New Zealand’s dynamic agricultural sector, advisory boards are increasingly vital for farming businesses seeking to thrive amidst evolving challenges and opportunities.
After 18 months of waiting, Inland Revenue has released its "Fringe benefit tax – options for change" officials’ issues paper for public comment.
Many will have heard the old saying, "are you working in your business or working on your business?”.
With 1 April fast approaching, there are several tax rate changes taking effect that you should be aware of.
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