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Curacao Company. Curacao Company Formation. Offshore Curacao.

Worldwide Incorporation Services specializes in Curacao Company Formation and opening bank accounts.

Curacao – General Information

Location: Caribbean, an island in the Caribbean Sea, 55 km off the coast of Venezuela.
Area: total: 444 sq km, land: 444 sq km, water: 0 sq km.
Natural resources: Calcium phosphates, aloes, sorghum, peanuts, vegetables, tropical fruit.
Population: 149,648 (July 2017 est.).
Capital: Willemstad.
Time Zone: UTC−4.
Languages: Papiamento (official) (a creole language that is a mixture of Portuguese, Spanish, Dutch, English, and, to a lesser extent, French, as well as elements of African languages and the language of the Arawak) 81.2%, Dutch (official) 8%, Spanish 4%, English (official) 2.9%, other 3.9%.
Dependency status: Constituent country within the Kingdom of the Netherlands; full autonomy in internal affairs granted in 2010; Dutch Government responsible for defense and foreign affairs.
Government type: Parliamentary democracy.
Legal system: Based on Dutch civil law system with some English common law influence.
Economy: Most of Curacao’s GDP results from services. Tourism, petroleum refining and bunkering, offshore finance, and transportation and communications are the mainstays of this small island economy, which is closely tied to the outside world. Curacao has limited natural resources, poor soil, and inadequate water supplies, and budgetary problems complicate reform of the health and education systems. Although GDP grew only slightly during the past decade, Curacao enjoys a high per capita income and a well-developed infrastructure compared to other countries in the region.
Currency: Netherlands Antillean guilder (ANG).

General Information about Curacao Company – Overview

Principal Corporate Legislation

The Commercial Code of the Netherlands Antilles, Articles 33 – 155.

Type of Law

Civil.

Language of Legislation and Corporate Documents

Dutch/English.

Type of Company for International Trade, Investment & Tax Planning

Naamloze Vennootschap, abbreviated as N.V. (Limited Liability Company).

Share Capital

Standard authorised share capital is US$30,000.

Classes of Share Available

Registered shares and shares with or without voting rights.

Bearer Shares

Permitted but must be fully paid up..

Restrictions on Trading

Cannot trade within the Netherlands Antilles. Banking, insurance, assurance, reinsurance, fund management, collective investment schemes, trust management, trusteeship business provision are not permitted.

Registered Office Required

Each Curacao offshore company must have a Registered Agent and Registered Office in Curacao, provided by a licenced service provider.

Directors

A Curacao company requires a minimum of one director. At least one Director must be resident in Curacao. Corporate directors are permitted.

Shareholders

A Curacao company requires a minimum of one shareholder.

Publicly Accessible Records

No.

Nominee Shareholders and Nominee Directors

Allowed.

Location of Meetings of Directors and Shareholders

General meetings of shareholders must be held in Curacao.

Personal Presence Required

No.

Taxation

2.4% to 3%. There are no withholding taxes in Curacao on dividend, royalties and interest paid by an offshore N.V.

Double Taxation Treaty Access

Netherlands and Norway.

Requirements to File Accounts

Yes.

Requirement to File Annual Return

None.

Audit Requirements

None.

Currency

Netherlands Antillean Guilder (ANG).

Exchange Control

None.

Language of Name

English.

Restricted Words

Words such as “Assurance”, “Bank”, “Building Society”, “Royal”, “Trust Company”, “Trustee Company” etc. will require justification.

Name of a Company

The words “Limited”, “Corporation”, “Incorporated”, “Societe Anonyme”, “Sociedad Anonima” or Ltd, Corp., Inc., S.A. must be part of the name of every Curacao offshore company.

Time to Incorporate

Two weeks.