Dutch-Aruba Relations

The Parliament of Aruba is expected to vote on the approval of certain changes in the law that will broaden the scope of activities and service providers that will be subject to compliance/regulatory overview. Under the new law service providers will include amongst others: realtors, jewelers, brokers and high valued products. One or more of your current activities may be subject to compliance as early as January 1st, 2008. The attached memo will provide you with an overview.

De Rijksministerraad heeft ingestemd met een voorstel van Rijkswet dat de organisatie van de rechtspraak regelt voor Curaçao, Aruba, Sint Maarten en voor Bonaire, Sint Eustatius en Saba met ingang van het moment waarop de staatkundige verhoudingen binnen het Koninkrijk zijn gewijzigd (Rijkswet Gemeenschappelijk Hof van Justitie).

Met de introductie van de VBA heeft de wetgever een belangrijke stap genomen in de modernisering van het Arubaanse vennootschapsrecht. Deze modernisering werd vanuit de praktijk wenselijk geacht om de aantrekkelijkheid van Aruba voor het internationale bedrijfsleven en investeerders uit binnen- en buitenland

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.

Yesterday, November 11th, 2008, the Parliament of Aruba unanimously voted for the approval of the introduction of a new corporate entity in Aruba, the L.L.C. limited liability corporation or the V.B.A., Vennootschap met Beperkte Aansprakelijkheid. With this introduction the legislator has modernized the corporate laws of Aruba in many aspects.

Feeling lucky? Wanna start a casino (gaming) operations in Aruba?….

“The Amicorp Compliance Portal enables companies to make better-informed decisions about its client base and avoids companies from investing large amounts of money and time in non- core activities, such as information gathering and reporting to authorities” said Lincoln D. Gomez, managing-partner at Gomez & Bikker law offices.

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.