After the government increased the minimum wage rates earlier this year, it made a further amendment to the Minimum Wage Order, issuing a new fortnightly rate. The fortnightly rate is $1,140 for adult employees and $912 for starting-out workers and trainees.
The Government has extended online services to build employer registration into the process of incorporating a new company.
Up to now, companies have been able to register for income tax and GST and obtain their IRD/GST number when incorporating online on the Companies Office website.
A close down period is when an employer closes business operations for a certain length of time, often doing so during off-peak times of the year.