Curaçao may appear as a suitable jurisdiction for establishing a business operating worldwide.
The country has a quite diversified economy with an emphasis on tourism, services, financial sectors, and gambling.
The local state bodies take steps for making Curaçao attractive for various kinds of investments.
- Major Forms of Legal and Business Presence in Curaçao
This structure allows shareholders to run a corporate entity on their behalf, with their liability limited to the entity's operations. Notably, there's no set chartered capital required and no prior approvals needed for registration.
At least one natural or legal individual can establish this entity. The stipulated chartered capital stands at a minimum of AWG 50,000, with an upfront payment of 20% due upon incorporation. Some activities may mandate a higher chartered capital. Here, shareholder liability is constrained to their invested funds. An NV has the capability to publicly offer its shares, making it ideal for raising additional capital.
Crafted to safeguard assets, this formation isn't meant for entrepreneurial activities. It's notable for its beneficial tax stipulations.
In this setup, partners shoulder unlimited liability concerning the partnership's activities. In some scenarios, a partner's personal assets might be requisitioned to cover potential losses.
Here, there are two kinds of partners – (i) general partners, who are actively involved in managing the business and bear unlimited liability, and (ii) limited partners, whose liability is confined to their invested amount.
Registration Requirements and Steps
Business objectives
Establishing business objectives for operations in Curaçao and internationally.
Gathering information
Gathering information on founders, beneficial owners, and the management of the proposed entity.
Office
Arranging the registered office.
Documents of the Company
Creating and finalizing the foundational documents for the upcoming business entity.
Registration
Compiling and submitting the necessary documentation for registration.
Taxes
Registering for tax and social security obligations.
Bank account
Opening a corporate bank account.
Curacao Gaming Licence
Obtaining gambling license and permits.
Considering the possibility of owning an offshore company in Curaçao?
At CuracaoGamingLicence, our experts can meticulously evaluate this option based on your specific business conditions and priorities. If needed, we’ll also present alternative solutions.
Our legal team stands ready to draft all essential documents, oversee the registration process, and establish a bank account for your forthcoming business entity.
Additionally, we offer continued support for your operations within this jurisdiction. Connect with us soon for detailed discussions and tailored recommendations.
