aruba

Aruba is situated in the Caribbean Sea, north of Venezuela. Formerly forming part of the Netherlands Antilles it became constitutionally autonomous in 1986 and is relatively new to the offshore status. Banking, licensing, insurance and holding companies are the main offshore sectors. Tourism also plays a paramount part in the economy of Aruba. It has a well-developed financial and professional infrastructure. Renowned for its strict anti-money laundering laws, Aruba is establishing itself at a fast rate as an international financial service centre.

Apart from the usual offshore entities, the Aruba IBC and the LLC are provide an ideal vehicle for commercial vessel registration and Aruba is rapidly gaining popularity for as an ideal jurisdiction for Aircraft and other commercial vessel registration.

Economy

The economy of Aruba has been controlled by five major industries: phosphate mining (The Aruba Phosphaat Maatschappij), gold mining, petroleum refineries (The Arend Petroleum Maatschappij Shell Co. and The Lago Oil & Transport Company), aloe export, and tourism. It benefits from one of the highest standards of living in the Caribbean islands with a small unemployment rate. Its economy is an open economy and tourism generates the biggest share of the country’s revenue. Aruba exports livestock, art objects, and machineries. It imports electrical equipments, crude oil, chemicals, and foodstuffs.

aruba offshore investments

Aruba Exempt Company (AVV)- Aruba is fast developing as an international financial services center. Favorable provisions in the form of special tax concessions for investment companies exist.

What is Offshore Investing? - Welcome to Lakeway International Equities. We assist clients in a variety of services including offshore banking and investing, asset protection, gaming licenses and incorporation of International Business Corporations (IBC’s) in a wide variety of tax haven countries.

E - Offshore - Aruba Offshore incorporation and company formation services using our online incorporation service for Incorporating Aruba Exempt Company, Limited Liability Company in Europe, IBC in Asia, and Offshore companies in the United States, or in most offshore Jurisdictions.

requirements for an ibc:

• Minimum one shareholder required.

• Minimum one director is required for an Aruba IBC.

• Corporate directors and shareholders are permitted.

• IBC registered in Aruba must maintain a registered office in Aruba.

• IBC must have a registered agent who must be a designated registered agent.

• No requirement of filling Annual returns must be filled

• Secretary not compulsory but recommended.

• Anonymity is preserved

• Exemption can be obtained for not filling annual financial statements and the annual accounts are not required to be published.

• Share Capital would be standard as required. Minimum share capital is $6000 and $1 should be issued.