Curaçao, Netherlands Antilles
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Since 1939, Curaçao, located in the Netherlands Antilles, has been a major international financial centre. It is one of the preferred locations in the Caribbean for international tax-planning and financial transactions. The Netherlands Antilles is an autonomous country within the Kingdom of The Netherlands. Its legal system is based on civil law and is similar in form to the legal structure of The Netherlands.
The Netherlands Antilles is known for having stable political and legal climates, a superior business infrastructure, flexibility and professionalism. Netherlands Antilles law does not have statutory provisions with regard to the nationality of registrars, transfer agents, investment managers and paying agents. This provides a great degree of flexibility in setting up offshore structures and mutual funds. The tax regime in the Netherlands Antilles was recently restructured to make it fully compliant with the Organization for Economic Cooperation and Development (OECD) guidelines, the Financial Action Task Force (FATF) and the European Commission. These Associations discourage the use of countries that provide preferential income tax treatment to international businesses. The revised tax regime sets The Netherlands Antilles apart from such jurisdictions located in other parts of the Caribbean. As a result, The Netherlands Antilles is a very attractive location for finance structures and other geographically mobile activities, without qualifying as a harmful tax jurisdiction.
The benefits of the Netherlands Antilles continue, providing the following:
· No withholding taxes on any outbound dividends to private individuals or
corporate entities
· 100% participation exemption for Netherlands based dividends with 5%
holdings
· 95% participation exemption for non-Netherlands based foreign source
dividends with 5% holdings
· 100% tax exemption from capital gain resulting from the sale of a Netherlands
company
· 95% participation exemption for non-Netherlands based foreign sourced
capital gains with 5% holdings
· No minimum holding period requirement
· No requirement that the underlying participation be taxed
· No CFC or active income requirements
· No thin capitalization rules
The Netherlands Antilles Private Foundation
Due to the exceptional flexibility of The Netherlands Antilles Private Foundation it is rapidly replacing alternative jurisdictions offering private foundations.
Amicorp Curaçao and Amicorp Fund Services include:
· Establishment of Netherlands Antilles companies often used in structures
combining Netherlands or Swedish companies. 'The Dutch Sandwich'
· Establishment of private foundations used for estate planning
· Mutual fund set up and administration, including a complete range of
services for various types of mutual funds
· Registration of both ships and aircraft
· Management for offshore banks and captive insurance companies
Languages spoken: Dutch, English, Spanish, Portuguese, German, and French