SPOTLIGHT ON MOORE MARKHAMS NEW ZEALAND

SMALL, SIMPLE, SMART


It’s small in size, but when it comes to innovation, intelligence, integrity and ease of doing business, New Zealand is a big hitter.

Moore Markhams New Zealand is ideally placed to help you get the most out of your business investment in this dynamic, well-connected and agile economy. 


INNOVATION


Kiwis have long been known for their resourcefulness – developed through necessity due to our size, population and relative isolation from other countries. That ingenuity fuels our people and businesses. Technology is now our third largest export sector; while New Zealand-made technology helps local firms build their competitive advantage globally. 

New Zealand is a world-leading food producer. We combine the best of nature with cutting-edge thinking to produce food and beverages that are globally synonymous with quality. New Zealand is the largest lamb and dairy exporter in the world, and produces enough food for 40 million people close to ten times its population (1). 


INTEGRITY


Integrity and equality are central to the New Zealand way of life. We are ranked first in the world for both corruption transparency (2) and government budget transparency (3). We live in a stable, representative democracy and our legal system is based on Commonwealth common law. This allows our businesses to operate in an environment of high-trust and certainty. 


EASE OF DOING BUSINESS


In New Zealand, we keep it simple and we try to be flexible so businesses can flourish. New Zealand has ranked first out of 190 countries for ease of doing business (4) for four years running, based on its business regulatory system. Our tax system is uncomplicated and relatively lightweight, compared to other economies. 

New Zealand’s time zone gives it a competitive advantage, as it is compatible with business hours across Asia and in the United States and is 12 hours ahead of Greenwich Mean Time (5).  


INTELLIGENCE


New Zealand’s famed natural beauty, ease of living and stable but dynamic business environment make it an attractive destination for skilled migrants. Net migration is high, and in 2018 more than half the net gain in migration came from Asia, especially China and India (6). New Zealand’s workforce is highly skilled and educated. We are seventh out of 130 economies, and first in East Asia and the Pacific, for developing and deploying talent (7).  


OPPORTUNITIES


New Zealand has Free Trade Agreements with 15 Asian countries, creating access to more than two billion consumers.  Free Trade Agreements with the European Union and India are currently under negotiation. 

Within our borders, infrastructure investment presents a major opportunity. New Zealand is a young nation with a growing population and is investing heavily in physical infrastructure – with NZ$129 billion of projects scheduled in the next ten years (8).  Auckland, our biggest city, will be a major hub of development activity after experiencing population growth of 35 per cent from 2000 to 2016.

 

MOORE MARKHAMS IN NEW ZEALAND

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Moore Markhams has a strong presence throughout New Zealand, with six firms spread over eight locations in the North and South Islands.  We are specifically skilled to cater to New Zealand’s biggest industries – agriculture and horticulture, and also specialise in providing services to the construction and development, legal, healthcare and other sectors. 

We offer audit and assurance, business advisory, business recovery, consultancy, corporate finance and taxation services.  

Moore Markhams New Zealand’s clients include overseas-listed firms with global business interests, and we effectively leverage our international network to provide the best service possible.   

We work closely with all our clients to help them achieve their business goals, whatever they may be. We understand the specific needs of our international clients, and draw on our expertise and connections locally and globally to maximise their outcomes. 
 

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​This article has been contributed by Moore Markhamz New Zealand. To develop or strengthen your business investment in this exciting economy, contact Moore Markhams New Zealand.  


CITATIONS

(1) Ministry for Primary Industries mpi.govt.nz. 
(2) Transparency International, Corruption Perception Index 2019. 
(3) International Budget Partnership, Open Budget Survey 2019. 
(4) World Bank Group, Doing Business Report 2019; Ministry of Business, Innovation and Employment.
(5) Investor Guide to the New Zealand Tech Sector 2019, Ministry of Business, Innovation and Employment.
(6) Statistics New Zealand.
(7) Human Capital Report, World Economic Forum 2017.
(8) Treasury – Infrastructure 2019
(9) https://data.oecd.org/gdp/gross-domestic-product-gdp.htm
(10) https://data.oecd.org/gdp/gross-domestic-product-gdp.htm