This article provides an explanation of each business type option available in step 2 (Tell us about your company) of the verification flow.
Your business is a legal entity in its own right and can be owned by one or multiple people (shareholders).
There is one type of limited company in New Zealand, with each being prescribed a unique 13 digit New Zealand Business Number (NZBN):
|Individual / sole trader||You are a self-employed individual and sole owner of your business.|
If you're still unsure on how to proceed, please raise a ticket with our Support team for further assistance.