Start Your Business the Right Way
Starting a new business is one of the most exciting things you can do but getting the financial and legal foundations right from day one is absolutely critical. At Reliable, we guide you through each step of the setup process to help reduce the risk of missed registrations, penalties and costly setup mistakes.
What We Set Up For You
- Business structure advice sole trader, partnership, limited company, or trust
- Companies Office registration (Ltd company)
- IRD number application for your business
- GST registration (mandatory at $60K turnover, optional below)
- PAYE and KiwiSaver employer registration
- Xero accounting software setup and chart of accounts
- Bank account setup guidance and introductions
- Initial tax obligations briefing and planning
Why Getting It Right Matters
Choosing the wrong business structure or missing a registration early on can create expensive compliance problems and tax inefficiencies that are hard to unwind later. We’ve helped hundreds of NZ businesses get started, and we’ll help you identify and avoid common setup and compliance pitfalls from the outset.
Should I be a sole trader or set up a company?
It depends on your situation. A company can provide limited liability protection and may be suitable for businesses planning to grow, retain profits or bring in investors, but it also has additional compliance requirements. Sole traders are generally simpler and cheaper to run. We’ll talk you through the tax and practical implications of each option.
How long does it take to get set up?
Companies Office registration usually takes 1–3 business days. IRD registrations and Xero setup may take a few additional days. In most cases, you can be fully set up and ready to go within one week of coming to us.
When do I need to register for GST?
You must register for GST when your taxable turnover exceeds, or is expected to exceed, $60,000 in a 12-month period. You can also voluntarily register if you earn less which can be beneficial if you have significant business expenses to claim back.
Get Started Today
Free Consultation
No obligation. Let’s talk about what you need and how we can help your business.