Filing Requirements For A Limited Partnership
A LP must file an annual return to the Companies Office confirming certain particulars.
A LP that qualifies as “large” (or one which “opts in” to compliance) will need to prepare annual financial statements, have them audited and distribute them to each general partner and limited partner of the LP within 5 months after the balance date of the LP. A LP will be “large” if one of the following applies:
(a) as at the balance date of each of the two preceding accounting periods, the total assets of the LP exceed NZ$60 million; or
(b) in each of the two preceding accounting periods, the total revenue of the LP exceeds NZ$30 million.