This is the form (NV = Naamloze Vennootschap) that was historically taken by almost all limited companies in the Netherlands Antilles, whether for domestic trading or for offshore purposes. The legislation governing corporate operations is Articles 33 to 155 of the Netherlands Antilles Commercial Code, and is quite precise and prescriptive, as is usual in ‘Civil Law’ jurisdictions. These are some of the main characteristics and requirements attaching to NV companies:

Key Features

Curacao N.V. (Limited Liability Company).

Corporate Details

General

  • Type of Entity

(Limited Liability Company).

  • Type of Law

Civil.

  • Registered Office in Curacao

Yes

  • Shelf company availability

No

  • Our time to establish a new company

2 Week

  • Corporate Taxation

2.4% -3%

  • Access to Double Taxation Treaties

Netherlands and Norway.

Share capital or equivalent

  • Standard currency

Netherlands Antillean Guilder (ANG).

  • Permitted currencies

Any

  • Minimum paid up

20%

  • Usual authorized

US$30,000.

Directors

  • Minimum number

1

  • Local required

Yes

  • Publicly accessible records

No

  • Location of meetings

In Curacao

  • Corporate directorship allowed

Yes

Members

  • Minimum number

1

  • Publicly accessible records

No

  • Corporate members allowed

Yes

  • Location of meetings

In Curacao

Company Secretary

  • Required

N/A

  • Local or qualified

N/A

Accounts

  • Requirements to prepare

Yes

  • Audit requirements

No

  • Requirements to file accounts

No

  • Publicly accessible accounts

No

Other

  • Requirement to file annual return

No

  • Migration of domicile permitted

Yes

Advantages

  1. Tax Arrangement with the Netherlands
  2. An interesting flat Profit Tax Rate applies to all tax paying entities in Curaçao
  3. Exemption rules for dividends and capital gains derived from a foreign subsidiary
  4. No withholding tax is levied when dividends are paid by a Curacao’s company
  5. An interesting Profit Tax rate for investment companies that are structured as Curaçao Closed Companies.

The Valsen Advantage

  • Speedy, Efficient and consistent Services.
  • Relentless effort to obtain bank accounts.
  • Expert advice on structuring options.
  • Dedicated ongoing compliance support.