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Ngā kaipupurihea o tētahi kamupene hanganga taunaha tāpui Shareholders of a look-through company

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Restrictions on shareholders in an LTC

  • Shareholders in a look-through company (LTC) must be either natural persons or trustees (including corporate trustees). An ordinary company cannot hold shares in an LTC but an LTC can hold shares in another LTC.
  • An LTC must have five or less “look-through counted owners” – the natural person beneficiaries of trustee shareholders or shareholding LTCs. Related shareholders may be counted as a single owner.
  • LTCs that are more than 50% owned by foreign LTC holders are subject to a foreign income restriction.

To find out more about who can become an LTC check out our guide.

Look-through companies guide IR879 (PDF 168KB) Download form