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Top reasons to expand your business to Wellington

If you're looking to expand an established business or set up a new one in this part of the world, we know you have options. Sure, we can tell you all about the lifestyle benefits, expertise on tap and digital connectivity, but you need to know the distinct, strategic advantages you'd gain by bringing your operation to Wellington.

Ease of doing business

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The World Bank have ranked New Zealand No.1 for starting a business in the World Bank Index Doing Business Report for 2016. They, along with Forbes, they've also rated New Zealand as the best place to do business, which shows you can set up, startup, and expand your business in Wellington with ease. 

Smooth set up

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We’re ranked as the easiest place in the world to start a business, as well as the easiest place in the world to get credit (World Bank Doing Business Survey 2016 Rankings). It takes less than a day to set up a business in New Zealand and can be done in one simple online procedure. This is much more convenient than the OECD average of 4.8 different procedures to establish a business, taking an average of nine days (World Bank Doing Business Survey 2016).

Lower operating costs

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There's major savings to be made in Wellington as you'll find it's cheaper to operate here than many other urban hubs. Offices spaces in Wellington are 20% cheaper than many other global cities, but equally as impressive. Even more savings are to be made within the wider region, and thanks to our efficient public transport system, your staff will have no problem commuting to work regardless of where your business is located.

Access to highly educated workforce

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You’ll have no trouble finding educated and knowledgeable staff when you expand your business to Wellington. We’ve got the highest percentage of tertiary-qualified people in the country, with 28% of the city's residents holding a bachelor's degree or higher, compared with the national average of 20% (Statistics New Zealand 2015), who can help take your business to the next level.

Operate among other top performers

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Wellington is home to high-tech companies with world-renowned reputations for innovation and technical excellence. You may have heard about some of our tech successes such as Xero and Intergen as well as game development gurus Carnival Mobile and Pik Pok. But you'll also find smaller companies like Mindscape and Silverstripe with specialised technologies serving niche markets around the world. 

Capital connections

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Wellington is the ideal location if you want to be close to the country’s decision makers and regulators. We’re home to most of New Zealand’s government departments, as well as business networks and industry associations representing both an important customer base and a magnet for talented graduates and professionals.

Business incentives

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There’s a range of grants and incentives available to help you to grow your business. There’s financial assistance for the taking for capability training and development, research and development, and science and innovation projects. These will benefit the expansion of your business activities to and help to prepare for acceleration and international success.  

International market access

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We’re well-connected to key trading markets, and linked to global and regional value chains through an extensive network of Free Trade Agreements, Closer Economic Partnerships and Economic Cooperation Agreements around the world. This network creates significant opportunities for enhanced trade and investment flows between New Zealand and our trading partners.

Support

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Wellington's business community is interconnected with business leaders, investors, partners and government meaning your business has the best possible backing and support system. Organisations such as the WREDA Business Growth and Innovation Team and the Wellington Employer's Chamber of Commerce are dedicated to helping business expand and grow. 

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