Plain language law

New Zealand law explained for everyone

Companies Act 1993

Transfer of registration - Transfer of registration of companies to other jurisdictions

353: Company to give public notice

You could also call this:

“Companies must publicly announce plans to move overseas before applying for removal from NZ register”

If you want to remove your company from the New Zealand register and move it to another country, you need to tell everyone about it first. You must put out a public notice that says you plan to do this. In the notice, you need to say when you’ll apply to remove your company from the New Zealand register. This date must be at least 20 working days after you put out the notice. You also need to say which country you want to move your company to. You can only apply to remove your company after the date you put in the notice. This is all part of section 351 of the Companies Act 1993.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM322895.

Topics:
Business > Industry rules
Business > Fair trading
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“Shareholders must vote to approve moving the company overseas”

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Part 19 Transfer of registration
Transfer of registration of companies to other jurisdictions

353Company to give public notice

  1. A company must not apply to be removed from the New Zealand register under section 351 unless—

  2. the company gives public notice—
    1. stating that it intends, after the date specified in the notice, which must not be less than 20 working days after the date of the notice, to apply under section 351 for the company to be removed from the New Zealand register in connection with the company becoming incorporated under the law in force in, or in any part of, another country; and
      1. specifying the country or part of the country under the law of which it is proposed that the company will become incorporated; and
      2. the application is made after that date.