The only checklist you need to start and scale your NZ startup. Verified, actionable, and built for founders.

Proprietary Founder Checklist, with Verified Sources (April, 2025)

1. Decide on Your Business Structure

Choosing the right legal structure is critical to your startup’s foundation. In New Zealand, most founders choose a limited liability company for its scalability, tax efficiency, and investor preference. Use this step to formalize your business and align your structure with your growth ambitions.

• [ ] Choose between Sole Trader, Partnership, or Company

  Xero

  Beany

  Afirmo

  Business.govt.nz

• [ ] Prefer Limited Liability Company for scalability

  Companies Office

  Stripe

2. Secure NZ IRD Number & Tax Registrations

Before trading, you must set up your Inland Revenue number and assess if you need to register for GST. If your revenue will exceed NZD $60,000 annually, GST registration is mandatory. Confirm any employer obligations if you plan to hire (PAYE, KiwiSaver).

• [ ] Apply for an IRD Number

  IRD Number Guide

• [ ] Assess GST Threshold (NZD $60K annual turnover)

  IRD GST Registration

  Companies Office Tax Registration

  Business.govt.nz GST

  Avalara GST Guide

• [ ] Understand employer obligations (PAYE, KiwiSaver)

  IRD Employer Obligations

3. Legal Compliance & Governance

Establish your legal foundation with formal company registration, governance records, and agreements. A shareholders' agreement, while not legally required, is highly recommended to set clear rules between founders and protect long-term interests.

• [ ] Reserve company name and register officially

  Companies Office

• [ ] Draft Shareholders' Agreement (Recommended)

  Parry Field Lawyers

• [ ] Maintain governance records (constitution, minutes, resolutions)

4. Visa & Immigration (If Applicable)