Several types of businesses activities are allowed in the free zone, such as: Trade in final products (import, storage and export); Repackaging, labeling, assembling and processing of semi-products; All types of services (financial services are excluded): logistic, consulting, internet-mailing, medical services, etc.; Retail sales; Or a combination of the above mentioned. For more info contact … Continue reading Types of business activities in the Free Zone of Aruba
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 … Continue reading Benefits of doing business in the Free Zone of Aruba www.fzanv.com
The legislation of Aruba establishes that an employment relationship exists when the following facts are fulfilled: (a) dependency or subordination (b) personal benefit of the service (c) payment of a wage. A written employment agreement is not required although it is recommended to have one in place, especially to evidence specific items. When the work … Continue reading Employment agreement in Aruba
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 fiscally as a partnership ("maatschap"), so that not the company is subject top profit tax, but the shareholders. If the shareholders reside in Aruba, the … Continue reading Aruba companies are “checking-the-box”. Should you?
On June 5th, 2007 The Courts of Aruba declared a civil claim of the prosecutor general ("PG") inadmissible. The PG demanded that her pension to be adjusted in accordance to certain promises made by Aruba. The Court ruled that the PG had sought the wrong legal recourse by addressing the civil court. Acording to the Court, … Continue reading P.G. looses civil injuction against Aruba.