Company directorships, governance & administration

Assistance with company governance and administration, including providing professional and independent directors. 

The role of company director

The role of external company directors is to:

  • offer fresh thinking and provide additional skills and knowledge
  • encourage accountability and transparency
  • reduce risk for the company and other Directors
  • consider the strategic vision for the company
  • have extensive networks to help the company grow

Baker Tilly Staples Rodway can provide independent directors who can take a formal appointment to boards of directors.

These appointments are valuable where stakeholders appreciate the benefits of a professional and independent board member who can provide specialist skills in all of the above areas.

It is important to be aware that, despite not being involved in the day to day management of the company, directors can still be subject to prosecution, fines and even imprisonment if there are accidents or financial issues. Because of this, being a director means that there should be active engagement and commitment of time to ensure that the director™s duties are properly carried out, matters are fully considered and risks are properly managed.

nz flag

New Zealand resident directors

All New Zealand incorporated are required to have at least one director who is either living in New Zealand or living in Australia and is also a director of an Australian company. 

If you represent a New Zealand company that requires a New Zealand resident Director we would be happy to discuss taking on the role. In that case, one of our Directors would become a Director of the company, enabling it to comply with this requirement.

Improve governance to accelerate performance

Company Directors are just one part of company governance. As companies grow in size, demands increase from stakeholders, financiers and regulators. The design of appropriate governance structures to support business owners and operational management is therefore vital. Key points to be decided when reviewing governance matters include:

  • Composition of the Board of Directors
  • Reviews of Board Performance
  • Advisory Board memberships
  • Audit committee members
  • Strategic reviews of business activities
  • Reviews of Management performance and alignment to strategic objectives

Advisory board members generally operate as mentors, and may attend Board meetings as an independent advisor to a Board.

signed doc

Company administration

It™s not just the annual return! Any time there are changes in ownership, directorship or many other matters, Companies Act requirements must be met. The administration requirements for New Zealand incorporated companies have increased over recent years, as have Companies Office policing of those requirements and their willingness to penalise company directors for non-compliance.

Baker Tilly Staples Rodway is a safe pair of hands who currently handle company administration requirements for hundreds of companies.

Services

News

15 Jul 2021

Tax Talk | Income tax treatment of accommodation provided to employees

Inland Revenue has released an operational statement in relation to employer-provided accommodation and...

08 Jul 2021

Tax Talk | Residential Rental Interest Deductions

Further to the Government’s announcement on 23 March 2021, a 143-page consultation document (here)...

01 Jul 2021

Tax Talk Bites | July 2021

COVID-19 support payment available for businesses

15 Jun 2021

Tax Talk Bites | June 2021

In this issue of Tax Talk we catch up on a few smaller tax changes that we have seen over the last m...

14 Jun 2021

5 free marketing tips to grow your customer base

Acquiring and retaining customers is a vital part of running a business. The market in which you operate...

03 Jun 2021

For Arts sake

Are art and wine are “investments” or simply vanity purchases?

27 May 2021

Changes to temporary work visas in 2021

Immigration New Zealand (INZ) has announced significant changes to the work visa programme, with the...

20 May 2021

Budget 2021

A Budget focused on welfare, families, housing and infrastructure, with a nod to climate change and...

19 May 2021

Budget 2021: Less borrowing, more business support key to economic prosperity

Businesses are more gloomy about the economy than last year, despite performing better than expected

13 May 2021

Bracket Creep: time to fix a broken system

Bracket creep. It sounds vaguely like an unpleasant medical problem no one talks about, but as an issue...

11 May 2021

Tax Freedom Day - 11 May

Mention the word ‘tax’ to most people and they’ll tell you it’s boring. Then mention individual...

23 Apr 2021

Dairy Farmers and the environment: perception v reality

Dairy farmers get a rough ride in the media and from townies, and the industry is well aware of this...

21 Apr 2021

Hiring: Get it right the first time... and the implications if you don't

‘Hiring is similar to travelling, we must have a destination, a plan and a course to follow in finding...

19 Apr 2021

Tax talk for Crypto-investors

Living in New Zealand, or any other developed country, you would need to be under an impressively sized...

13 Apr 2021

Password management made easy

Are you always forgetting all your passwords? Do you get frustrated trying to remember which combination...

31 Mar 2021

Tax for returning Kiwis

New Zealand has never been more attractive as a place to live, thanks to its reputation for avoiding...

23 Mar 2021

Tax Talk | The war on landlords continues

The government has announced a suite of changes intended to fix the housing market, and in particular,...

16 Mar 2021

A career of two halves: Seizing new opportunities when the goalposts shift

A few short years ago, Winston Stanley’s world was the smell of churned grass, the shriek of a ref’s...

12 Mar 2021

Spotlight on Team Japan

A global economic leader and the long white cloud: lessons from a pioneer of Japanese business

11 Mar 2021

Carolyn Jackson Appointed to National Board

Baker Tilly Staples Rodway is proud to congratulate Carolyn Jackson on her appointment to the network’s...

11 Mar 2021

31 March 2021 Tax Planning Checklist

With 31 March approaching, now is the ideal time to consider tax issues and, where available, planning...

10 Mar 2021

2020: was there a silver lining?

This piece from our National Technical Manager, Nicola Hankinson, looks at the silver lining she found...

09 Mar 2021

Mixed-use properties and tax inconsistencies

As our urban environments change, so do the buildings and structures in which we work and live. In recent...

03 Mar 2021

Tax Talk | Wage Subsidy Updates

Over the last couple of days, the government has provided more information about both the wage subsidy...

Find an expert