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FAQs

Can a non-New Zealand resident be a director of a company?

Your New Zealand company must have at least one resident director. We currently accept directors from New Zealand and Australia. Quid can help appoint a New Zealand-based director through a Nominee service. Please contact us for more information if you need help with this.

When will I get my company certificate, and how will I access it?

Once you have received notification of incorporation, you will receive your certification via email and will be able to view your certificate in your Quid account soon.

What information do I need to provide to set up a limited company?

To open an account, we will need to verify your identity and address, along with additional directors, Shareholders and Ultimate Beneficial Owners.

We will need some basic information, including:

  • Proof of Identity
  • Proof of Address
  • Date of Birth
  • Contact details
  • Company Name
  • Company Number
  • Financial information
  • Proof of business activities
Can an entity set up a company?

Yes, make sure you select ‘A Company’ when you register an account. You will need to provide your company name and company number in addition to some contact details.

How can I update my limited company information?

Please send your request to our helpdesk at help@quidglobal.com and we can make the changes for you. You will be soon able to update company registers, including director and UBO registers, directly in the Quid platform. We’ll let you know once this is available.

How much does it cost to register a company?

The basic package (for NZ Limited company) is a one-off fee of $278.50 inclusive of GST. It includes company incorporation via Companies Office (Limited company), a certificate, and a company extract. There will be a set-up cost and an annual renewal fee for those opting for a registered address or nominee service (available soon on the Quid platform).  Find out more

Who can apply?

Quid is currently available to most businesses and individuals who have valid proof of address in permitted jurisdictions. You must be over 18 to open a Quid account.

How do I register an account?

It’s simple and only takes a couple of minutes. Visit our website and register and account, complete your profile and verify your mobile device and email address. Then you’re ready to start adding services. Register now

How long does it take to register my company?

Incorporating your company via Quid generally takes approximately 4-5 hours  if you select the Basic package (subject to Companies Office and excluding weekends, out of hours and public holidays). For registered address and nominee services (available soon on the Quid platform), it could take longer. We will notify you once the company is incorporated, and you will receive your certificate and documents.

I have more than one company. Can I manage them all in Quid?

Yes. You can add companies once your first account has been approved and manage them all with one login.

Who is Quid suitable for?

Quid is perfect for early-stage entrepreneurs, start-ups, SME businesses, freelancers, consultants and accountants looking for an easy way to launch or run their business in one place. It’s also ideal for international entrepreneurs who wish to set up operations in new jurisdictions. Quid is not just limited to companies; Individuals can register too.

Is my data and privacy safe with Quid?

Yes, we recognise the importance of the protection of personal data. Please refer to our Privacy Policy for more details.

How can I become a partner of Quid?

Complete this form so we can understand your requirements and we’ll get back to you more details.

How do I change my Quid account password?

If you have forgotten your password or wish to update it, you can do so here by following the instructions.

What type of companies can I open using Quid?

Quid currently allows you to incorporate a New Zealand Limited company with more entity types and countries available soon.

What is a Global Wallet?

Our Global Wallet allows you to send, convert, and receive payments across the globe via the Quid online platform. You can open up to six currencies – Euro, GBP, USD with CHF, AUD and NZD available soon.

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