Employment agreement in Aruba
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…
Aruba companies are “checking-the-box”. Should you?
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…
The Aruba Exempt Company and qualifying activities
The Aruba Exempt Company in Dutch, Arubaanse Vrijgestelde Vennootschap, (“AVV”) is a particular form of a limited liability company. It currently enjoys an exemption from profit and dividend withholding tax…
Start capital on an Aruban exchange market
There is a capital market revolution going on in Aruba. Small start up companies can now raise funds at the electronic stock exchange platform AESX. The scarcely lit law office…
Concurrentiebeding in arbeidscontracten
Het Burgerlijk Wetboek van Aruba schept de mogelijkheid om een zg. concurrentiebeding op te nemen in een arbeidsovereenkomst. Voor een geldig concurrentiebeding is vereist: (i) dat het schriftelijk is geschied;…
P.G. looses civil injuction against Aruba.
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…
