April 06 2009
In September 2006 the Aruban government presented its plan for a new form of Aruban company, known as a vennootschap met beperkte aansprakelijkheid (VBA), a form of limited liability company. On January 1 2009 Parliament finally approved legislation on the new corporate entity. Simple and flexible, it promises to be particularly useful for tax planning. Its main features are as follows:
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