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Sole trader

Sole traderNew Zealand

What it takes to form, own and run a sole trader in New Zealand, and how its profit is taxed. Each figure links to the page it was read from.

This company type

At a glance

Owners' liability
Not in our records
Owners
Does not apply
Directors
Does not apply
Minimum capital
Does not apply
Formation fee
Does not apply
Tax on profit
Through owners
Officialird.govt.nzRead 10 Oct 2026
Quote
Self-employed people are taxed as individuals.

Form it

Who registers it

Not in our records Registry, Formed without visiting, Formed online: none of these is in our records for the Sole trader.

What it takes to form

Not in our records A notary, A resident director, Paying up the capital: none of these is in our records for the Sole trader.

Own it

Who may own and run it

Not in our records Directors, Shareholders, Members, A local company secretary, A local registered agent: none of these is in our records for the Sole trader.

Each year, at the registry

Not in our records Annual registry fee, Accounts on the public record, Audit for a small company, Audit: none of these is in our records for the Sole trader.

Important dates

When each obligation falls due, as the authority states it.

Not in our records No dates for the Sole trader are in our records.

What is public

Not in our records What the register shows the public is not in our records for the Sole trader.

Tax

Tax on profit

How this company type is taxed, which can differ from its place’s headline rate.

Through owners

Self-employed people are taxed as individuals.

Official ird.govt.nz read 10 Oct 2026
Quote
Self-employed people are taxed as individuals.
CFC rules in New Zealand
Not in our records

Close it

Closing it

The other end, which most guides leave out.

Not in our records Route, Statutory fee: none of these is in our records for the Sole trader.

Every business in New Zealand

VAT

Standard rate
Not in our records
The tax authority’s pages have not been read for New Zealand.

Payment and banking services

2 services name New Zealand on their own list: Airwallex, Stripe. Each provider, and what a listing means.

Reference

Its name and code

Kind
Sole trader
Derived our grouping, the same words in every country
Name in law
Sole trader
ISO 20275 code
QF8K