Closing your business

Support to help you and your staff if you need to close your business.

How to close your business

Closing your business — Business.govt.nz

Business.govt.nz has information, tools and resources to assist in closing your business. Whether you’re a company, sole trader or in a partnership, find guidance on Business.govt.nz

What it's about

Learn how to handle tax requirements, any business debts, and company registration if this applies to your business.

Who it's for

Business.govt.nz is free to use by any member of the public. The content is designed with New Zealand small businesses front of mind.

Employee redundancy

business.govt.nz

Redundancy is about roles, not people, but people are affected. It can be a difficult and upsetting process. Follow best practice and do what you’re legally required to.

What it's about

Although redundancy is about roles, not people, people are affected. It can be a difficult and upsetting process.

Who it's for

Employers who need to let employees go.

What it offers

Complete these employee exit lists to make sure you’ve done everything you need to do.

Redundancy Support

Ministry of Social Development

Work and Income's Early Response team can work with you if you're considering redundancies to provide support and advice to your staff.

What it's about

Redundancy support provides proactive, early intervention help to businesses considering downsizing or closing.

We'll work with other agencies to coordinate an all of government response.

Who it's for

Anyone who might be considering making staff redundant.

What it offers

Work and Income's Early Response team can come and talk to you and your staff about:

  • re-training
  • finding another job
  • financial support
  • support available from other agencies including Inland Revenue.

How to sell your business

Selling your business — business.govt.nz

Navigating your way around selling your business is made easier with Business.govt.nz’s resource. See advice, tools, and tips.

What it's about

When it’s time to sell your business – whether you operate it as a sole trader, partnership, or company – you’ll want to get the best price you can for it. You’ll also need to know how to sell it, who to and what it’s worth. Business.govt.nz provides guidance on this.

Who it's for

Business.govt.nz is free to use by any member of the public. The content is designed with New Zealand small businesses front of mind.  

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