Aruba is a separate territory belonging to the Kingdom of the Netherlands. The impact of the tourism sector is evident in Aruba's high standard of living and the overall success of its business environment.
Aruba is actively working to diversify its economy by encouraging the development of innovative industries. With an open, market-driven economy, a well-educated and skilled workforce, and a commitment to quality service, Aruba offers significant opportunities for investment.
Manimama ensures a seamless company registration process in Aruba. Trust us to provide expert guidance and support, so your business can thrive from day one in Aruba. Start your journey with confidence, knowing you have the best team by your side.
Legal Opinion about Aruba as a Jurisdiction for Company Formation
Ganna Voievodina
Manimama, CEO
"Aruba is a prestigious offshore financial center in the Caribbean, offering significant advantages for company formation. Businesses enjoy tax exemptions for certain activities, along with the benefit of no accounting requirements, making it a cost-effective option for many. The island boasts a stable economy and a well-developed tourist infrastructure, providing an attractive environment for investors. There are no residency requirements for shareholders, and English, being one of the official languages, ensures ease of communication for international businesses. Additionally, Aruba has no currency control for non-residents, making it a flexible jurisdiction for foreign investors".
Our Packages
Our comprehensive packages simplify the process of setting up the perfect legal entity for your business whether you are a small start-up, a non-profit company, or an international company. Let us guide you through every step, ensuring your business begins on a solid foundation.
Company Formation
- Company formation
- Registered address for the 1st year
- Annual accounting requirement bookkeeping
Annual Services
- Company renewal and registered address
- Annual Government Tax
- Mandatory Financial Beneficiary Report
Other Services
- Set of corporate documents (certified/apostille)
- Nominal service for 1 year
- Offshore banking
Key Numbers about Aruba as a Jurisdiction for Company Formation
1 weekaverage term of company formation |
аt least 1shareholder in the company |
аt least 1director in the company |
28.5%corporate income tax (CIT) rate |
up to 52%personal income tax (PIT) rate |
9%value-added tax (VAT) rate |
Set up Your Company in Aruba in Several Steps
Step 1. Initial setup
- Initiating a preliminary project assessment
- Preparation and filing of the package of documents
Step 2. Company registration
- Choose a company name
- Appoint a local representative
- Preparation of company documents
- Register with the Aruba Chamber of Commerce and Industry
- Issuing of a Certificate of Incorporation and corporate documents
- Obtain a tax identification number
- Open of a bank account
- Obtain the necessary licenses (Business license, Director’s license)
Requirements for Company Formation in Aruba
Before deciding to set up a new company in Aruba, read the information below to understand the characteristics of a Limited Liability Company (LLC) / Vennootschap met Beperkte Aansprakelijkheid (VBA):
Shareholders: at least one shareholder (can be any nationality and can reside anywhere in the world, can also be a legal entity).
Director: at least one director (can be any nationality and can reside anywhere in the world, can also be a legal entity).
Minimum share capital: there is no minimum capital requirement.
Legal address: a company must have a registered address in Aruba.
Legal representative: the legal representative must be a resident of Aruba.
Liability: the liability of members is limited to the extent of their contribution to the capital.
Accounting: the managing director(s), or the legal representative(s) of and VBA’s is/are legally required to file the annual financial statements at the Aruba Chamber.
Taxes in Aruba
CIT rates are 28.5% for local companies and 25% for international companies.
In Aruba, the PIT rate is a tax collected from individuals and is imposed on different sources of income like labour, pensions, interest and dividends.
- the tax-exempt threshold is AWG30,000 (~€15,100)
- 10% applies to income up to AWG34,930 (~€17,600)
- 21% applies therefrom to income up to AWG63,904 (~€32,200)
- 42% applies therefrom to income up to AWG135,527 (~€68,250)
- 52% applies on income from AWG135,527 (~€68,250)
The standard VAT rate of 9% applies to most sales and services in Aruba.
Double taxation avoidance agreements in Aruba: Aruba has not ratified any comprehensive double taxation avoidance agreements.
Start Your Company Formation Process with Manimama
There are numerous reasons why Manimama is the leading company formation agent in Aruba:
Expertise in Aruba Regulations
- 1. Manimama has an in-depth understanding of Aruba legal and regulatory framework.
- 2. Our team ensures all legal requirements are meticulously met for a seamless company formation process.
Local and International Experience
- 1. With extensive experience in both local and international markets, Manimama can cater to a diverse range of business needs.
- 2. Our expertise spans various industries, providing customized solutions for each client.
Efficient and Timely Service
- 1. We pride ourselves on our swift turnaround times, ensuring your company is registered promptly.
- 2. Our efficient processes minimize delays and get your business up and running quickly.
Client-Centric Approach
- 1. Manimama prioritizes customer satisfaction by offering personalized support and guidance.
- 2. Our dedicated team is always available to address any concerns and provide expert advice.
Robust Network of Local Partners
- 1. We have established strong relationships with local authorities, banks, and service providers.
- 2. This network ensures that your business receives the best possible support and resources.
Ongoing Compliance Support
- 1. We provide continuous support to ensure your business remains compliant with laws of Aruba.
- 2. Our team keeps you updated on any regulatory changes that may impact your company.
Frequently Asked Questions
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What are the benefits of a company formation in Aruba?Aruba offers tax exemptions for certain activities, no accounting requirements, and political stability, making it an attractive jurisdiction.
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Is there a corporate income tax in Aruba?Certain activities may be tax-exempt, and there is a tax rate of 28.5% for local companies and 25% for international companies.
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Are there residency requirements for shareholders or directors?No, there are no residency requirements for shareholders.
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How long does it take to form a company in Aruba?Formation typically takes one week, depending on documentation.
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What language is used for company registration?English, Dutch, and Papiamento are official languages; however, English is commonly used in business.
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Is there currency control for non-residents?No, there are no currency control restrictions for non-residents.
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What is the minimum share capital requirement?There is no minimum share capital required for certain business entities.
Client Feedbacks
"Manimama OU provided exceptional legal services, guiding us through the complexities of international business setup with professionalism and expertise. Their team's attention to detail ensured our compliance and smooth operation.
"I highly recommend Manimama OU for their outstanding support. Their knowledgeable lawyers made the entire process straightforward and efficient."
"The legal advice and services from Manimama OU were top-notch. Their dedication and thorough understanding of our needs helped us achieve our business goals seamlessly."
Manimama as the Best Solution for Your Company Formation in Aruba
By choosing our company formation service in Aruba, you are partnering with a law firm that values integrity, expertise, and client satisfaction. Let us help you set up your company in Aruba and pave the way for your business success.
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