Aruba as the Flag State of Choice for Aircraft Lessors and Financiers
Aruba has established a modern legal system, which facilitates the financing and ensures the safety of aircraft and aircraft engines that are operated internationally.
Aruba has established a modern legal system, which facilitates the financing and ensures the safety of aircraft and aircraft engines that are operated internationally.
Legislastion of the Netherlands Antilles: Commercial Code
The one constant in the life of a(ny) small to medium-sized business will be the need for a cash infusion to jump start sales, expand into new markets, or continue to…
Agreement between the Kingdom of the Netherlands, in respect of Aruba, and the British Virgin Islands for the exchange of information with respect to tax, concluded on September 11th,2009. The…
Under the new “check-the-box”-rules, limited liability Aruba companies (“naamloze vennootschap”) (“n.v.”) and aruba axempt companies (“AVV”) have the option to opt for fiscal transparency. In that case the company will be treated…
Most people who wish to work in Aruba will need to obtain a work permit from the DIMAS (Department of Integration Management and Admission of Foreigners). The only exceptions apply to people of Dutch nationality, whom by law are considered nationals of Aruba by birthright or because of their ties with Aruba. In some cases non-nationals can get an automatic right to work in Aruba and will only need to apply at the DIMAS for a statement which proves his/her right.
The new Arua LLC has a true hybrid character. It allows for entrepreneurs to “custom-design” their corporate entity to meet current, future and changing needs.
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Dr. Lincoln D. Gomez is a distinguished partner at Gomez Coffie Law, a premier law firm in Aruba specializing in aviation, corporate, real estate, and intellectual property law. With over 27 years of experience, Lincoln provides expert legal counsel to a diverse range of clients, including governments, state-owned enterprises, banks, aircraft leasing companies, intellectual property holders, and the hospitality sector.
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