Open an offshore in Aruba

Why Aruba is the best offshore country

Aruba is a self-governing island within the Kingdom of the Netherlands, whose economy is built on tourism, oil and banking. But the island state is also famous for its offshore zone, which attracts businessmen from all over the world. If you have been thinking about offshore registration for a long time, we know how to help you. Keep reading and find out all the benefits of this jurisdiction. 

Offshore Aruba: benefits of registration

Registration of an offshore company in Aruba provides its owner with a number of advantages:

• Income taxes both inside and outside the country are no more than 3%. 
• A high level of data confidentiality guarantees non-disclosure of your information and, accordingly, security. 
• The director you appoint may be a resident of any country. 
• The company you register can issue both common and discrete shares. 
• If you have chosen jurisdiction Aruba offshore, you can open a company account in any bank in the world. 
• The only tax you need to pay is an annual fee of €285. 

And that's not to mention the warm climate, delicious food, and the constant peace of mind of living by the sea. But it is worth deciding on the type of company that you will register and we will talk about this further. 

What is the benefit of offshore in Aruba

The most profitable area on the island in the Caribbean is tourism. The sea, warm climate, scenic area attract people from all over the world. So the hotel, restaurant business and transerfing are considered the most popular areas in which it is worth investing. But this is not the only area in which foreigners can open offshore on the island of Arubaand not the main reason for this. 

In Aruba, foreign investors can open a fee-free A.V.V. business. However, modern adjustments to commercial law in the future may affect tax rates and business incorporation rules, so this point should be taken into account. But this is not scary, because Aruba, although included in the black list of offshore countries, does not cease to be popular even with the constant control of regulators. 

But do not forget to decide on the legal form of the business. Will you be a sole trader? Or do you want to create a limited liability company? Or is your best option a public limited company? We recommend that you consult with a trained lawyer who will explain the nuances of each type of business and recommend the best option for you. 

How to open an offshore company in Aruba

If you decide to open offshore Aruba, you should be aware of the following details:

• The double tax treaty exists only with the Netherlands.
• The authorized capital of the company must be at least ten thousand Aruban florins.
• At least 2 shareholders must participate in the creation of a company - an individual and a legal entity. 
• If your company is offshore, you must hire a corporate secretary.
• It is forbidden to cooperate with residents, as well as to own real estate. But there is an exception - rent.
• If the authorized capital of the company is more than 50 thousand Aruba florins, you must annually submit a financial report to the regulatory authorities. 
• Owners of banking, insurance and trust companies need to obtain a license to conduct business. 

But before buying an offshore in Aruba, you must remember that all companies, except for holdings and financial companies, are required to pay taxes in the amount of 35% of profits. 

Buy offshore Aruba

When planning to register an offshore company in Aruba, we recommend that you seek the help of specialists. Thanks to the services of a qualified employee, you do not have to delve into the bureaucratic process yourself and at the same time you will get the desired result. By handing over the reins to a specialist, you will ensure:

• Detailed advice on choosing the best legal form for your business. 
• Collection and execution of the necessary package of documents, which are then submitted to the relevant authorities. 
• A few original company names that have been checked for plagiarism. 
• Selecting and designing the legal address of the company, where clients can come to you or check. 

If there are no claims against the company and the inspectors did not find any signs of fraud in its activities, it is registered and a report about this is published in the local newspaper of Aruba. So, if you want to get the desired result, order the services of experienced professionals. By paying for their help, you save yourself