Our Articles

IRD number application Non-Resident/Offshore Individual or Non-Individual

September 22, 2016

On or after 1 October 2015, any customer who meets the definitions of an offshore person will need a fully functional New Zealand bank account before they can apply for an IRD number. Applicants must also provide their overseas taxpayer identification number (TIN).

Offshore person definition

For an individual an offshore person is someone who:

  • is a New Zealand citizen and has been overseas for the last three or more years continuously, or
  • doesn’t have a New Zealand residence class visa granted by Immigration New Zealand, or
  • has a New Zealand residence class visa and has been overseas for the last twelve or more months continuously.

A company is an offshore person if it is:

  • incorporated outside New Zealand, or
  • 25% or more owned or controlled by offshore persons.

A trust is an offshore person if:

  • 25% or more of its governing body are offshore, or
  • offshore person(s) have 25% or more beneficial interest or entitlement to its trust property, or
  • 25% or more of persons with the right to amend or control the trust’s trust deed are offshore persons, or
  • 25% or more of persons with the right to control the composition of the trust’s governing body are offshore persons.

A unit trust is an offshore person if:

  • the manager or trustee (or both) are offshore person(s), or
  • offshore person(s) have beneficial interest or 25% or more of the trust’s property.

A non-individual partnership, unincorporated joint venture, or other unincorporated body is an offshore person if:

  • 25% or more of its partners (or members) are offshore persons, or
  • offshore person(s) have a beneficial interest or entitlement to 25% or more of its profits or assets, or
  • offshore person(s) have the right to exercise (or control the exercise) of 25% or more of voting power at a meeting.

Loading Conversation