NZ | MONAT New Zealand Frequently Asked Questions
Q: WHAT ARE THE IMPORTANT LAUNCH DATES FOR MONAT NEW ZEALAND?
A: 1
st
October 2022: PRE-LAUNCH.
- Market Partner-only enrolment is live.
1
st
November 2022: LAUNCH.
- MONAT New Zealand officially open for enrolling VIP Customers and Retail Customers.
PRE-LAUNCH: 1st October – 31st October 2022
ENROLLING AS A MARKET PARTNER
Q: WHAT HAPPENS DURING PRE-LAUNCH?
A: From Saturday 1st October, individuals in New Zealand with a registered address in New Zealand can enrol,
purchase a Product Pack and start building their downline teams of Market Partners to be ready for the official
launch on Tuesday 1st November 2022. During pre-launch, Market Partners are eligible to qualify to earn
commissions and bonuses and achieve new ranks, plus they will be eligible for two Asia Pacific Founder Shares
(see Commissions, Bonuses, Ranks and Asia Pacific Founders section below for more details).
Q: DO NEW MARKET PARTNERS NEED TO RESIDE IN NEW ZEALAND TO BE ABLE TO JOIN MONAT NEW
ZEALAND?
A: Yes. To enrol as a Market Partner in New Zealand, you must reside in New Zealand and comply with the MONAT
Market Partner Agreement. However, it is each individual’s responsibility to ensure they are eligible to earn an
income.
Q: WHAT IS AN NZBN NUMBER?
A: A New Zealand Business Number (NZBN) is a unique number that identifies your business to the government
and community in New Zealand. Getting an NZBN is free and can make running your business easier in the future,
particularly if you have to register for taxes or intend to claim deductions for expenses.
Q: WHAT IS GST REGISTRATION?
A: Goods and services tax (GST) is a tax of 15% on most goods, services and other items sold or consumed in
New Zealand. MONAT Market Partners must register with the IRD for GST if their gross turnover (excluding any
GST, from Monat Global and other sources) is more than NZ$60,000 per year, or is projected to be so. GST
registration is optional for direct sellers whose business has a GST turnover under NZ $60,000.
Q: HOW WILL MONAT MANAGE WITHHOLDING TAXES AND GST ON COMMISSIONS EARNED IN NEW
ZEALAND?
A: Income Tax Withholdings – There are no withholding taxes on commissions earned for New Zealand Market
Partners.
GST Registration – If a Market Partner provides a valid IRD number to MONAT and is GST registered, MONAT will
provide a Buyer Created New Zealand GST Tax Invoice to the Market partner which will include 15% GST, and the
Market Partner will be paid the 15% GST on each subsequent commission payment.
If a Market Partner does not provide a valid IRD number to MONAT, the Buyer Created New Zealand GST Tax
Invoice will not be provided and the 15% GST will not be paid to the Market Partner on commission earnings.
Q: CAN A NEW MARKET PARTNER IN NEW ZEALAND CROSS-SPONSOR MARKET PARTNERS IN THE USA,
CANADA, UK, POLAND, SPAIN, LITHUANIA or AUSTRALIA DURING PRE-LAUNCH?
A: A new Market Partner in New Zealand can only sponsor in New Zealand during Pre-Launch. They will be able to
start building their teams in other markets after 1st November 2022. At this time on the 1st November 2022 they
will also be able to enrol VIPs and sell to Customers in all the countries MONAT operates in.