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Limited Partnerships Act 2008

Overseas limited partnerships

104: Overseas limited partnership must register

You could also call this:

"Overseas businesses must register in New Zealand to operate legally"

Illustration for Limited Partnerships Act 2008

If you are an overseas limited partnership that starts doing business in New Zealand, you must apply to register under this Part within 10 working days. You do this in accordance with section 107. If you were already doing business in New Zealand when this Act started, and you keep doing business here, you must apply to register within 3 months. You also need to update your registration if you change your name overseas, and you do this under section 35 within 10 working days. If you do not do these things, you can get in trouble and have to pay a fine of up to $10,000, and so can your general partners.

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This page was last updated on

View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM1139274.

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Business > Starting a businessBusiness > Industry rules
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Part 3Overseas limited partnerships

104Overseas limited partnership must register

  1. An overseas limited partnership that, on or after the commencement of this Act, commences to carry on business in New Zealand must apply for registration under this Part in accordance with section 107 within 10 working days of commencing to carry on business.

  2. An overseas limited partnership that, immediately before the commencement of this Act, was carrying on business in New Zealand and, on the commencement of this Act, continues to carry on business in New Zealand must apply for registration under this Part in accordance with section 107 within 3 months of the commencement of this Act.

  3. An overseas limited partnership that changes its name overseas must apply under section 35 within 10 working days of the change to change the name with which it is registered in New Zealand to its overseas name.

  4. If an overseas limited partnership fails to comply with this section,—

  5. the overseas limited partnership commits an offence and is liable on conviction to a fine not exceeding $10,000; and
    1. every general partner of the overseas limited partnership commits an offence and is liable on conviction to a fine not exceeding $10,000.

      Compare
      Notes
      • Section 104(4)(a): amended, on , by section 413 of the Criminal Procedure Act 2011 (2011 No 81).
      • Section 104(4)(b): amended, on , by section 413 of the Criminal Procedure Act 2011 (2011 No 81).