New Zealand Structure
Pursuant to the New Zealand Companies Act 1993, a Company must have the following structure:
- One or more Directors constituting a Board of Directors (“BoD”) only.
Companies incorporated in New Zealand are typically Limited Liability Companies. However, a Company may elect to be an Unlimited Liability Company if it specifies as such in its Article of Association (“AoA”). The above structure applies to both Limited and Unlimited Liability Companies.
Please see “Board of Directors” in the left side menu for a more in-depth description of this structure, including how to change the board members.
Mayne Wetherell has provided all input about changing board members in New Zealand.
Mayne Wetherell specialises in significant transactions, with market leading expertise in mergers and acquisitions and domestic and cross-border financing. We pride ourselves on being the firm that our clients come to when they have a complex or high value matter requiring legal input. We strive to deliver strategic insight, creativity and innovation as an integral part of our legal advice.
For more information about Mayne Wetherell and changing board members in New Zealand, please use the below contacts:TEL: +64 9 921 6073