Benefits of doing business in the Free Zone of Aruba www.fzanv.com
Companies that operate in the export business of goods and services can enhance their competitive edge by choosing the free zone status in Aruba. A free zone company in Aruba enjoys three major financial benefits:
- 2% tax over all profits generated from free zone activities
- 0% import duties on goods imported and exported through the free zone
- 0% turnover tax over the turnover generated from free zone activities
- Exemption from foreign exchange commission on foreign currency payments
Other Benefits
- No local partner is required to establish a free zone company (full foreign ownership)
- No import duties on equipment and machinery acquired for company use
- A US dollar account can be maintained ensuring efficiency in payments
- No minimum investment capital required to start up a business in the free zone
- Custom clearance office located at the main gate of the free zones
- Modern control mechanism and clear regulations
- Flexible construction possibilities
- 24-hour security
- The free zones are located at short distance from the harbor and airport