What’s new in the Aruba L.L.C.?
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.
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?….
Legislastion of the Netherlands Antilles: Commercial Code
“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.
Constitutional restructuring to take place of the Dutch Kingdom, what will this mean for trademark owners in the Netherlands Antilles (Curacao, Bonaire, St Maarten , Saba and St. Eustatius) and Aruba?
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.
In order to start file an application for a residency and/or work permit you will need to have at least the following documents in the form stipulated below.
Section 7 sub 3 of the LTU imposes a limitation on foreigners for eligibility of work and residency permit for a maximum period of 4 years. This limitation is not applicable to European Dutch nationals. Based on the Dutch American Friendship Treaty U.S. nationals are entitled to receive the same privileges/treatment as European Dutch nationals
Foreign persons and entities are free to conclude representation, agency, distribution and franchising agreements with local persons or entities. These are common methods for oversees organizations to promote and offer their goods and services in Aruba as part of the Dutch Kingdom
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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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