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BD9.35 Employ at least five people in full time equivalent positions

  1. Employ at least five people means five full time equivalent, permanent jobs for people who are entitled to work in New Zealand.
  2. A full time and ongoing job means a permanent role for at least 30 hours a week:
    1. as demonstrated in written employment agreement(s) for the role; and
    2. excluding contract or casual roles.
  3. Full time employment may include permanent and ongoing part time jobs which, when taken together, are equivalent to full-time roles. Evidence must be provided in respect of each claimed equivalent full-time job to demonstrate the part time roles:
    1. are for two or more new roles with fixed hours that are equivalent to one full-time job; and
    2. are for permanent and ongoing roles as demonstrated in written employment agreement(s) for the roles; and
    3. meet all employment and immigration laws; and
    4. exclude contract, sub-contracted or casual roles.
  4. Employment will be considered to be ongoing where there is an unfilled vacancy for no more than three months in a 12-month period, where the period is immediately preceded, and followed by, a person working in the role.

Effective 24/11/2025

IN THIS SECTION

BD9.1 Actively involved

BD9.5 Capital investment

BD9.10 Comply with specific employment, immigration and business standards

BD9.15 Excluded business

BD9.20 Family members

BD9.25 Key Person

BD9.30 Lawful business enterprise

BD9.40 Ongoing, full time equivalent employment of one additional New Zealand citizen or resident

BD9.45 Operating in New Zealand

BD9.50 Qualified statutory accountant

BD9.55 Real estate

BD9.60 Self-employment/ownership

BD9.65 Solvent

BD9.70 Unacceptable risk

BD9.75 Unencumbered funds and/or assets

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