Curacao LLC

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.