The number of companies going into liquidation in New Zealand is on the rise. Did you know that payments made by a company before it goes into liquidation may also be at risk?
In August 2024, the government announced that it would progress a package of reforms to the Companies Act 1993 and related legislation. They are designed to address several issues and make New Zealand an easier and safer place to do business.
If you’re a club or other organisation incorporated under the Incorporated Societies Act 1908, you’ll need to re-register under the new 2022 Act to remain an incorporated society. If you’re feeling a little stressed about it all and want some guidance, just give us a call.
