Just found this blog entry that speaks of why New Zealand is a great place to do business. Some of the reasons mentioned are:
- At 30%, the corporate tax is lower than or equal to most developed countries?.
- Our GST is only 12.5%, in most developed countries it is 15-25%.
- Workforce participation is 68%, very high by international standards.
- ACC provides no-fault income insurance, meaning businesses to not have to go to massive expense insuring themselves against litigation by injured workers and hiring lawyers to defend themselves.
- Ease of doing business is New Zealand is second in the world only to Singapore.
- This is the least corrupt country in the world.
- Corporate profits were up 60.5% in just six years from 1999 to 2005.
- Only 0.54% of businesses failed last year.
Plus it offers a great lifestyle!
On the downside, Internet connectivity less than average, but is getting better every year.
But if you can be happy living on a large, very pretty island, New Zealand is the place for you.
I came to New Zealand five years back and have been working in the area of software development, and have enjoyed every minute of being here.
5 thoughts on “New Zealand, a great place to do business (including software development)”
All sounds good apart from the internet connectivity 🙂
It’s certainly a place which sounds like it would appeal to me, yet I’ve still not made it over. Where did you move from?
It is quite a nice place. I was in India before that. And before that in Canada.
NZ certainly beats Canada in terms of the weather! Lovely sailing, accessible beaches…
still hoping that i’ll be able to go to NZ again 🙂
the weather suits me hehe
I love the sound of NZ and would love to at least visit. Especially during the ski season 🙂
Another downside, from what I’ve heard, is that it’s very expensive to get anywhere. I’m in London and dated a Kiwi for a while and she said that the main reason she left was that it cost her a fortune to travel, visit friends abroad, get to conferences, etc. Coming to London allowed her to visit Europe very easily and get much cheaper flights to other countries.
What about visa regulations from nationals that come not from EU, Australia or US?