Open an account
To open a Sharesies account for yourself, you’ll need to:
be 16 years or older
complete the identity and address verification requirements
top up your Wallet from, and withdraw into, an NZ bank account
confirm your tax residency (if you’re a foreign tax resident, you’ll need to provide a relevant tax identification number (TIN))
agree to the Terms and Conditions and Privacy Policy.
When you’ll need an IRD number
You don’t need an IRD number to sign up, but you’ll need to give us one before you can do most things with your account. We use it to pay tax on your investment returns, dividends, and interest on your behalf.
We’ll ask for your IRD number the first time you:
invest in NZ company shares, US shares, Australian shares, or managed funds
set up auto-invest
open a Save account or term deposit
sign up to KiwiSaver with Sharesies
transfer shares in to Sharesies
accept an employee share scheme invite (if your employer’s scheme requires it).
Once you’ve given us your IRD number, you won’t need to provide it again.
Depending on what you’re doing, we might also ask for your prescribed investor rate (PIR) or resident withholding tax (RWT) rate.
You can top up your Wallet and invest in NZ ETFs without an IRD number.
For more on how tax works, see Tax on Sharesies investments.
Create a Kids Account
To create a Sharesies Kids Account for a kid in your life, you’ll need to:
have an active Sharesies account
provide ID of the child (birth certificate, NZ passport, or a certified copy of an overseas passport)
provide the child’s IRD number, and confirm their foreign tax residency (if applicable)
enter a residential address (this doesn’t need to be verified)
agree to the Sharesies Kids Accounts Terms and Conditions.
Nature and purpose questions
As part of our anti-money laundering efforts and NZ regulatory requirements, we need to understand the nature and purpose of your investing. We’ll ask you a few questions about how you plan to invest to help us understand this—a best guess is fine.
Your responses won’t affect what you can access on the Sharesies platform, and can be updated any time in Settings > Personal details.
Verify your ID
You may need to verify your ID once you deposit over $1,000.00 NZD into your Wallet.