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Ngā puka tāke me ngā puka tohutohu

Qualifying companies (IR435)

This booklet is a guide to the qualifying company (QC) rules. A QC maintains its company structure but receives the taxation benefits of a partnership. Shareholders will be personally liable for any income tax not paid by the company.

Find out about the:

  • eligibility criteria for becoming a qualifying company
  • advantages and disadvantages of being a qualifying company, and
  • differences between qualifying and non-qualifying companies.