Eternity Law International News Offshore company Aruba

Offshore company Aruba

Published:
October 6, 2020
Registration fee1 225.00 USD
The cost of renewal of the company850.00 USD
Number of directors1
Corporate tax28.00%
Paid share capital25 000.00
Mandatory reportingno

Aruba is a territory that belongs to the group of the Lesser Antilles under the jurisdiction of the Netherlands. It is a small tropical island, with a total area of 193 square kilometers with a population of 100,000 people.

Aruba is one of the most attractive options for offshore companies: low taxes and favorable conditions for doing business attract a huge number of businessmen, wishing to open a company with the most favorable business climate.

LEGISLATIVE REGULATION

The activities of organizations in Aruba are defined by two local laws, in particular:

  • The companies act, adopted in 1988;
  • The New Fiscal Framework, in force since 2000.

These legal acts ensure the favorable business climate for both local and foreign companies. Next, we consider some peculiarities of activities of offshore companies in Aruba.

THE LEGISLATION PECULIARITIES

In order to open your own company, you will have to deposit the share capital, the amount of which is about 25,000 units of the local currency. Local joint stock companies can use any kind of shares, they can be registered or bearer. Any restriction on the tax residency of shareholders is absent, however,  the local LLC shall have not less than two shareholders. Again, it doesn’t matter, if they are natural or legal persons.

In addition to the absence of restrictions on shareholders` residency, there are no obstacles on the tax residency of the head of the company. It will take only one director, no matter if he is a natural person or a legal entity. Accounting at the enterprises is mandatory, however, auditing is not required.

Another important advantage of Aruba to open there an offshore company is the tax policy of the state.  You still have to pay taxes, but their rates are relatively low. Thus, despite the need for fiscal transfers, doing business with companies registered in Aruba  is still more favorable than in any onshore company.

Eternity Law International specialists will provide you with qualified advice on acquiring the company in European jurisdiction, opening a bank account in any jurisdiction.

We offer ready-made offshore companies — re-registration of documents for new owners takes 2 days.

If you have any questions or need advice on the registration or purchase of the company, please call us at the numbers on the website or fill out CRM form at the bottom of the page.

You can order Offshore company Aruba now!

Order now

Table of contents

You could be interested

Gaming licenses in Africa

Today, leading gamble operators consider Africa as a jurisdiction for expansion of their activities. With a booming economy and growing loyalty to betting, gambling licenses in Africa give many promising opportunities for investors. Below, we will consider key trends in gaming sphere and tax measures in the country. General description of I-Gaming market in Africa...

Investment license in Latvia

Like other Baltic countries, Latvia has a very attractive policy for potential investors. Therefore, large companies are trying to invest money in this country. Since the financial market regularly develops, new tools for investing appear. One of these ways is crowdfunding. It appeared because banks check their clients very thoroughly and are not always ready...

Montenegro gambling license obtaining in 2024

In the ever-evolving field of Internet betting, securing a gambling permit is a crucial step for operators searching to create a legal and credible presence in the branch. For those searching of setting up commerce in Montenegro in 2024, the process of obtaining a betting permit has seen some changes and updates. This article will...

Mergers & Acquisitions in Portugal

Deals don’t always make headlines when they happen in Portugal. But over the past year, a steady current of mergers and acquisitions has picked up in the country – not with the scale of mega-buyouts, but in the form of precision plays by mid-size firms, fund managers, and private equity groups who see a window...

Mergers & Acquisitions (M&A) in the Netherlands

Mergers and acquisitions Netherlands are about more than just money. It is no longer just about matching buyers with sellers. M&A is a difficult process in this jurisdiction which blends strategy with legal finesse. For those companies which are already doing business in or are considering entering the Dutch market, M&A deals may be a...

Forex license Mauritius 2023

The Republic of Mauritius is a leading tax haven in terms of effectiveness, development, and scope of investing offers. If you decide to receive your licenses here, you will have virtually no limits on how you decide on marketing to your customers and how much you charge them for your services. The country is 2nd...

Related posts

Offshore company in Canada

Canada is a country with a fairly strict taxation system. The income of ordinary Canadian companies is taxed worldwide. Accordingly, they do not have any signs related to tax or offshore structures, and in any case they are prestigious. However, the laws of Canada offer the possibility of registering and using Canadian businesses with a...

Offshore company in Antigua

Registration cost 2 165.00 USD Company renewal cost USD 1,585.00 Directors number 1 Corporate tax 0.00% Registered share capital 0.00 Mandatory reporting requirements No Antigua is a small island state located in the Lesser Antilles. This charming and exotic country is becoming increasingly popular for offshore company registration. The island state’s tax and accounting policies...

Offshore company Gibraltar

OFFSHORE COMPANY Gibraltar – OFFSHORE COMPANY GIBRALTAR – OFFSHORE COMPANY GIBRALTAR – OFFSHORE COMPANY REGISTRATION ON GIBRALTAR The cost of registration 1 900.00 EUR The cost of renewal 700.00 EUR Number of Directors 1 Corporate tax 0.00% Paid up capital 0.00 Requirements for mandatory reporting No Gibraltar is a disputed island that is officially under...

Offshore company in Vanuatu

Registration 2 325.00 EUR Renewal 1 095.00 EUR Directors 1 Corporate tax 0.00% Paid share capital 0.00 Obligatory accounting No Vanuatu is a small country located in Oceania. The country is known neither for its attractions, nor for developed tourist industry, so the guests are quite rare here. However, if anyone visits the Islands, often...

Offshore company Barbados

The cost of registration 1 000.00 USD The cost of renewal 850.00 USD Number of Directors 1 Corporate tax 0.00% Paid up capital 0.00 Requirements for mandatory reporting No Barbados is a small island, with a total area of 450 square kilometers, located in the Eastern part of the Small Antilles ridge. Like many other...

Offshore company Bahamas

Registration fee 1 405.00 USD The cost of renewal of the company 1340.00 USD Number of directors 1 Corporate tax 0.00% Paid share capital 25 000.00 Mandatory reporting no Who does not know about the Bahamas? It’s real paradise, located in the Atlantic ocean, it has a membership of over 700 Islands, 40 of which...
Fill the blank: