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ARUBA   -   Services

Aruba, located in the southern Caribbean, is an autonomous member of the Kingdom of
The Netherlands. Aruba enjoys one of the highest standards of living in the Caribbean region and a high per capita income. The government of Aruba aims at developing Aruba into an International Financial Service Center. Aruba was the first country in the region to implement anti-money laundering registration. In addition, the financial services sector contributes a large part to the economy of the island.

Several types of corporate structures can be established in Aruba:

The N.V. (Naamloze Vennootschap) is a limited liability company that is permitted to engage in any lawful business, although some activities require a license. N.V.s are efficient and effective corporate vehicles used for holding assets as investments, intellectual property, and real estate. A few requirements are:
  • At least one shareholder is required. This shareholder can be an individual or a corporate entity;
  • One General Meeting of Shareholders must be held a year;
  • At least one managing director must be a resident in Aruba. Managing directors can be individuals or entities;
  • A registered office must be maintained in Aruba.

The A.V.V. (Aruba Vrijgestelde Vennootschap) or the Aruba Exempt Company is a limited liability company. This entity is flexible and can be used for international tax and estate planning, asset protection, income deferral. A few requirements for the A.V.V. are:
  • May not participate in the local economy;
  • Cannot own real estate in Aruba;
  • Annual financial statements are required;
  • Must be represented by an Aruban Company (usually a trust office) acting as local registered agent.

For more information please contact:
HBM Aruba N.V.
Watapanastraat 7, Ponton,
P.O. Box 109,
Oranjestad, Aruba.
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