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Frequently asked questions relating to the Legal system and key laws are answered on this dedicated Questions & Answer section.

Select one or more jurisdictions relevant to your business and your subject(s) of chose (i.e. subjects range from general start-up questions to practice areas such as the different financial services, employment agreements and Intellectual Property protection).

The result is an overview with short answer and deep-links to detailed answers.

Aruba: Aruba has a civil law system. More information...
BES-Islands: The BES Islands all have a civil law system. More information...
Curacao: Curacao has a civil law system. More information...
St Maarten: St Maarten has a civil law system. More information...
Aruba: The legal entities explicitly regulated are the limited liability company, the limited liability corporation, the foundation and the Aruba exempt company. More information...
BES-Islands: The legal entities explicitly regulated are the foundation, the private foundation, the association, the cooperation, the mutual guarantee company, the limited liability company and the private limited liability company. More information...
Curacao: The legal entities explicitly regulated are the foundation, the private foundation, the association, the cooperation, the mutual guarantee company, the limited liability company and the private limited liability company. More information...
St Maarten: The legal entities explicitly regulated are the foundation, the private foundation, the association, the cooperation, the mutual guarantee company, the limited liability company and the private limited liability company. More information...
Aruba: The public limited liability corporation (N.V.) is the most common formal structure for the conduct of business in Aruba. Also the limited liability company (V.B.A.) is used more often. More information...
BES-Islands: The limited liability company and the private limited liability company are, beside the sole proprietorship the most common formal structures for the conduct of business on the BES islands. More information...
Curacao: The limited liability company and the private limited liability company are, beside the sole proprietorship the most common formal structures for the conduct of business in Curacao. More information...
St Maarten: The limited liability company and the private limited liability company are, beside the sole proprietorship the most common formal structures for the conduct of business in St. Maarten.  More information...
Aruba: Two (2) incorporators are required when setting up a NV, whereas one (1) incorporator is required for a VBA. The articles of incorporation for the NV must be in Dutch whereas the articles for the VBA can be in English. At the time of incorporation the issued share capital of  a NV must be at least AWG 10,000 (approximately USD 5,586.59) and the paid up capital must be at least AWG 1,000 (approximately USD 558.65). The authorized share capital of the NV must be at least AWG 50,000 (approximately USD 27,932.96). The shares of the NV should have a nominal value, which is determined in its articles of association. For the VBA there are no legal requirements as to a maximum authorized and a minimum paid up capital. The VBA may however state a maximum authorized capital in its articles of association. The shares in a VBA.do not have a nominal value, unless otherwise stated in the articles of association. In the articles of association, it can be determined that some or all of the shares shall have a nominal value. Certain business activities (e.g. insurance companies) are required to have a minimum issued share capital as stipulated in that policy. More information...
BES-Islands: A public limited liability company is a legal entity with one or more registered transferable shares or shares made out to bearer. The private limited liability company has registered shares only. More information...
Curacao: A public limited liability company is a legal entity with one or more registered transferable shares or shares made out to bearer. The private limited liability company has registered shares only. More information...
Aruba: The main difference between a corporation or company and a foundation is that the objective of a foundation may not include distributions to its founders or persons who perform a function within the foundation or any others, unless distributions to the latter have a social or idealistic purpose. More information...
BES-Islands: The principal difference between a foundation and a corporation is that a foundation has neither members nor shareholders, nor a capital divided into shares. More information...
Curacao: The principal difference between a foundation and a corporation is that a foundation has neither members nor shareholders, nor a capital divided into shares. More information...
St Maarten: The principal difference between a foundation and a corporation is that a foundation has neither members nor shareholders, nor a capital divided into shares. More information...
Aruba: All locally operating business, with the exception of companies held under sole proprietorship by Aruban born Dutch nationals, need to have a  license for the managing directors to act as such and a license to carry out business. Depending on the business the company carries out the following licenses are required: food & beverage license, wholesale license, hotel & accomodation license, watersport license, transportation license, foreign exchange license and street vendors' license. If a company falls under the supervision of the Central Bank of Aruba other specific licenses for its acctivities are required. More information...
BES-Islands: Under the laws of the BES islands each company needs to have a license for the managing directors to act as such and a license to carry out business. More information...
Curacao: Under the laws of Curacao each company needs to have a license for the managing directors to act as such and a license to carry out business. More information...
St Maarten: Under the laws of St. Maarten each company needs to have a license for the managing directors to act as such and a license to carry out business. More information...