LTC Archives

COMPANIES OFFICE RETURN NZ? NZCO?

By Garreth Collard, Senior Property Accountant | March 7, 2023

Illustration of company records and regulatory documents used when preparing a New Zealand company annual return with the Companies Office.

Companies Office return NZ? NZCO? What’s that? These are two of the most common questions we get from new company directors. It’s not a tax return, and confusing the two can lead to a company being struck off the register. 30-Second Read NZCO is short for the New Zealand Companies Office, part of MBIE (the…

HOW DO YOU MAKE A COMPANY INTO A LTC?

By Garreth Collard, Senior Property Accountant | February 28, 2023

Illustration showing a property held in a New Zealand Look-Through Company (LTC), commonly used by property investors for tax transparency.

How do you make a company into a LTC (Look-Through Company)? It’s a genuinely straightforward process once the company itself exists. This guide walks through the actual election specifically. If you’re starting from scratch and need the full journey — from forming the company through to ongoing compliance — see our complete guide to how…

BUYING PROPERTY THROUGH AN LTC: DOCUMENTS YOU NEED

By Garreth Collard, Senior Property Accountant | January 20, 2023

Property purchase through a Look-Through Company (LTC) showing key legal, tax and compliance documents required for buying New Zealand property.

Buying property through an LTC: documents you need for your bank, lawyer, IRD, accountant, broker… Yes! It takes more paperwork than buying in your own name. The right documents protect your tax position and satisfy the Companies Act. They also give your bank and lawyer what they need. The wrong ones, or none at all,…

LTCS VS QCS AND LAQCS

By Garreth Collard, Senior Property Accountant | June 7, 2018

a man in NZ is thinking about which structure to use for his rental property, perhaps an LTC

LTCS VS QCS AND LAQCS. Unlike the LAQC rules, shareholders of an LTC are liable for tax upon the company’s profit, as well as being able to offset the company’s losses against their other income.