Several forms of commercial ownership are in use in this state. Nevertheless, the analogue of a limited liability company is best suited for foreign entrepreneurs — A.V.V. To open it, you need to:
- Find two shareholders with any residency. These may be natural or legal persons.
- Register the director. You can also register a legal entity as a director in a A.V.V. In this case, however, he must be a resident of the country.
- Contribute share capital (check with our consultant).
- Obtain a legal address.
- Issue at least one share with any value.
If you open your own business, you can engage in any legal activity (outside the state) without paying taxes. You may only be required to maintain accounting records.
Business on this island is not subject to currency control and does not need to be audited annually. The details of the business owner and his bank accounts are confidential.
Ask further questions over the phone or via the feedback form. We will tell you about offshores in Aruba and offer assistance in starting a business.