New Zealand Business Number (NZBN)
The Government is committed to creating a public sector that is more innovative, efficient and focused on delivering what New Zealand businesses want and expect.
The NZBN is a key initiative at the centre of the Result 9: Better Public Services for business programme, which has committed to reducing the effort of doing business with government by 25 per cent by 2017.
The NZBN is a 13-digit number, a unique identifier, which when used by businesses and government provides real opportunities for businesses to register and share their information and streamline dealings with government and other businesses.
The intention of the NZBN is that businesses will spend less time and effort on admin and more time on business.
In December 2013, all registered businesses on the Companies Office register were allocated an NZBN, in a first step towards making it easier for businesses to work with government.
However, around half of New Zealand businesses aren’t registered companies, such as sole traders and partnerships. Legislative change is needed so these businesses can get an NZBN too. With that in mind, The Ministry of Business, Innovation and Employment published draft legislation in August 2014. Submissions closed on 30 September 2014 and officials are now working through the feedback received, ahead of introducing the legislation in the next Parliamentary term.