Curacao is a constituent country within the Kingdom of the Netherlands, nestled in the Southern Caribbean Sea. It harbors a population of over 150,000. Curacaoans speak various languages including Dutch, English, and Spanish. Curacao’s capital is an esteemed UNESCO World Heritage Site: Willemstad. At present, it collaborates with UNDP in further strengthening efforts toward national digitalization. Some of the key considerations for choosing Curacao in company formation include:
Its high-income island economy prioritizing tourism and financial services;
Developed infrastructure;
Investments in information-technology incentives;
The booming industry of oil refinery services with Venezuela and China
Labor Force and Key Industries in Curaçao
Their growing labor force consists of over 70,000 people, with industries focusing on:
Petroleum refining and transshipment,
Light manufacturing, and
Business development.
As an overseas territory of the European Union, Curacao is no longer a tax haven since 2020, which makes it one of the best offshore jurisdictions that offers promising potential benefits in company formation and registration.
Taxes in Curacao
Low Taxation
Curacao implements a standard corporate tax rate of 22%. However, as of January 1, 2020, a reduced rate of 3% applies to companies participating in the following services (subject to certain conditions):
Aircraft building and improvement;
Administrative and back office services;
Warehouse and logistics services;
Fund management services.
Effective January 1, 2023, Curacao administered a reduced rate of 15% to certain companies given that they:
Operate in the economic zone (E-zone); and;
Earn a taxable income of up to ANG 500,000.
Companies profiting above the ANG 500,000 mark are subject to tax at the standard corporate tax rate (22%).
While subject to certain conditions, Curacao recognizes private limited companies (BV) and public limited companies (NV) as both eligible for tax-exempt status. Granted, these companies engage primarily in investment and financing services as well as the licensing of the following:
Intellectual rights;
Industrial rights;
Other comparable and usage rights.
Business Environment
Business-friendly
Curacao takes pride in its thriving market and business development programs. It provides access to numerous opportunities for starting entrepreneurs and long-time business owners. This vibrant Caribbean island offers firm support for whichever business structure best suits your venture.
When you register your business in Curacao, you tap into a wide range of incentives and programs that you can leverage to boost your entrepreneurial journey. These programs help build your business with a strong foundation, paving the way to attract investment and encourage company growth. Therefore, it’s crucial to know where to start for any entrepreneur.
Simplify your company formation process by further understanding the necessary measures including:
Legal requirements;
Registration process;
Tax obligations;
Available resources.
While Curacao opens multiple doors with attractive benefits and assistance for your business, the regulations and procedures may still vary. Feel free to conduct your own research by consulting the professionals from LegalBison.
EU Territory
Part of the European Union
Located 55 km off the coast of Venezuela, Curacao stands as the largest Dutch Overseas Territory. It turned its status into a self-governing country in October 2010. This change in status came into effect along with the dissolution of the Netherlands Antilles, also known as the Dutch Caribbean, which formerly consisted of six islands:
Among these islands, Curacao has country status alongside Aruba and St. Maarten within the Kingdom of the Netherlands. Bonaire, St. Eustatius, and Saba became special municipalities.
In May 2023, the Netherlands government announced its implementation of investment programs to constituent countries. These programs aim to:
Boost financial and economic independence;
Accelerate energy transition;
Increase standard of living and employment opportunities.
This is in fulfillment of one of their government’s pledges in the coalition agreement. The Netherlands has reserved a maximum of 200 million EUR to assist in funding.
Not a Tax Haven
Curacao is not considered as a tax haven
The EU and OECD no longer consider Curacao as a tax haven. This is due to the country’s economic substance and observance of requirements in reporting.
In 2022, the EU Council added both Curacao and Aruba to its list of cooperative jurisdictions with commitments. The list comprises jurisdictions that have committed to implementing reforms in their legislation.
Their largest governing faction, MFK, assures that Curacao adheres to international norms and conditions. This opens more opportunities for seamless transactions and the opening of bank accounts for the following reasons:
Regulatory compliance: non-tax haven jurisdictions implement clearer and more straightforward regulatory frameworks for opening bank accounts;
Transparency: banking systems in non-tax haven jurisdictions observe transparent and legal frameworks which typically reduce the need for scrutiny and additional documentation;
Lower risk: banks often perceive businesses operating in non-tax haven jurisdictions as lower risk, leading to fewer restrictions and a more streamlined account opening process.
Low Taxation
Curacao implements a standard corporate tax rate of 22%. However, as of January 1, 2020, a reduced rate of 3% applies to companies participating in the following services (subject to certain conditions):
Aircraft building and improvement;
Administrative and back office services;
Warehouse and logistics services;
Fund management services.
Effective January 1, 2023, Curacao administered a reduced rate of 15% to certain companies given that they:
Operate in the economic zone (E-zone); and;
Earn a taxable income of up to ANG 500,000.
Companies profiting above the ANG 500,000 mark are subject to tax at the standard corporate tax rate (22%).
While subject to certain conditions, Curacao recognizes private limited companies (BV) and public limited companies (NV) as both eligible for tax-exempt status. Granted, these companies engage primarily in investment and financing services as well as the licensing of the following:
Intellectual rights;
Industrial rights;
Other comparable and usage rights.
Business-friendly
Curacao takes pride in its thriving market and business development programs. It provides access to numerous opportunities for starting entrepreneurs and long-time business owners. This vibrant Caribbean island offers firm support for whichever business structure best suits your venture.
When you register your business in Curacao, you tap into a wide range of incentives and programs that you can leverage to boost your entrepreneurial journey. These programs help build your business with a strong foundation, paving the way to attract investment and encourage company growth. Therefore, it’s crucial to know where to start for any entrepreneur.
Simplify your company formation process by further understanding the necessary measures including:
Legal requirements;
Registration process;
Tax obligations;
Available resources.
While Curacao opens multiple doors with attractive benefits and assistance for your business, the regulations and procedures may still vary. Feel free to conduct your own research by consulting the professionals from LegalBison.
Part of the European Union
Located 55 km off the coast of Venezuela, Curacao stands as the largest Dutch Overseas Territory. It turned its status into a self-governing country in October 2010. This change in status came into effect along with the dissolution of the Netherlands Antilles, also known as the Dutch Caribbean, which formerly consisted of six islands:
Among these islands, Curacao has country status alongside Aruba and St. Maarten within the Kingdom of the Netherlands. Bonaire, St. Eustatius, and Saba became special municipalities.
In May 2023, the Netherlands government announced its implementation of investment programs to constituent countries. These programs aim to:
Boost financial and economic independence;
Accelerate energy transition;
Increase standard of living and employment opportunities.
This is in fulfillment of one of their government’s pledges in the coalition agreement. The Netherlands has reserved a maximum of 200 million EUR to assist in funding.
Curacao is not considered as a tax haven
The EU and OECD no longer consider Curacao as a tax haven. This is due to the country’s economic substance and observance of requirements in reporting.
In 2022, the EU Council added both Curacao and Aruba to its list of cooperative jurisdictions with commitments. The list comprises jurisdictions that have committed to implementing reforms in their legislation.
Their largest governing faction, MFK, assures that Curacao adheres to international norms and conditions. This opens more opportunities for seamless transactions and the opening of bank accounts for the following reasons:
Regulatory compliance: non-tax haven jurisdictions implement clearer and more straightforward regulatory frameworks for opening bank accounts;
Transparency: banking systems in non-tax haven jurisdictions observe transparent and legal frameworks which typically reduce the need for scrutiny and additional documentation;
Lower risk: banks often perceive businesses operating in non-tax haven jurisdictions as lower risk, leading to fewer restrictions and a more streamlined account opening process.
FACTS ABOUT CURACAO
Popular business models in Curaçao
Holding Companies
Holding Companies in a Curacao legal entity
Historically, Curacao has been a leading IOFC for holding and investment companies. A holding company may lower the tax burden of a group of companies through Curacao’s tax-exempt status.
In equivalence to tax treaties, Curacao holds special arrangements governing tax relations with the Netherlands, Sint Maarten, and Aruba. For new regime holding companies, certain benefits gained from these special arrangements include:
Deferral of tax on capital gains. This is provided that gains are considered to be passive income or produced outside of Curacao.
Freedom on exchange control. This is provided that the company obtains a foreign exchange exemption license from the Central Bank.
Deferral of tax on dividends. Accumulation of profits holds no restrictions nor profits tax for grandfathered offshore companies.
Curacao holding companies financing their participation in a Dutch subsidiary with both debt and equity gain a ratio of 85/15 on the two aspects. Debt interest is deducted up to 5% for tax purposes if the company holds a foreign participation. No debt interest is deductible for companies holding a qualifying Dutch or Curacao participation.
E-commerce business with a company registered in Curacao
With its financial services-based economy, Curacao supports and encourages e-commerce businesses of various startup and technology-oriented companies. For certain industries and activities, Curacao offers multiple incentives and support programs including:
Tax holidays;
Investment subsidies;
Customs exemptions;
Financial assistance.
E-commerce and digital solutions encountered an increase in usage, especially during the peak of the COVID-19 pandemic. With no need for physical presence or brick-and-mortar establishments, e-commerce in Curacao assisted development for many business owners. This is due to lower costs in operations and easier ways of invoicing worldwide.
As of 2024, the number of social media users in Curacao stands at approximately 104,000 (up to 54% of the total population). This surge in social media usage also boosted the expansion of online business opportunities. Should you choose to register your e-commerce business in Curacao, our experts are here to equip you with the relevant insights and prepare you for your entrepreneurship journey.
Maximize after-tax profits for the entire group of companies by managing tax affairs in alignment with legal obligations. Group tax planning in Curacao enables efficiency in the following fields:
Optimization of tax position. Minimize overall tax liabilities when you incorporate offshore entities into a group structure.
Protection of assets. Businesses may shield their assets from legal risks, creditor claims, and other liabilities.
Access to global markets. Open your business to investment opportunities, cross-border transactions, mergers, acquisitions, and joint ventures on favorable terms.
Flexible operations. Utilize flexible corporate structures in achieving certain objectives including asset segregation, risk mitigation, and estate planning.
Confidentiality and privacy. Sensitive transactions retain their discretion regarding financial affairs.
For more information on how to optimize group tax planning and other strategies for your business, feel free to contact us. We offer a free consultation call with our experts to give you significant oversight on Curacao’s taxation regulations.
International trading with a Curacao-based company
Curacao is one of the leading trading centers in the Caribbean. This is thanks to its strategic location between North and South America. Curacao takes the lead on the coordination between Europe and the Americas through its large natural harbor and modern port and airline facilities.
Offshore trading companies in Curacao are exempt from any transfer pricing controls. They are liable to tax at the standard rates of 15% up to ANG 500,000 and 22% excess on their net profit. Provided, their operations qualify as group company auxiliary activities such as:
Bookkeeping and administration services;
Reinvoicing;
Supplying information;
Clearing of purchase and sale transactions without power of representation (cost plus ruling may apply).
Qualified E-zone companies utilize online operations for international trading. They are not liable to import duties or turnover tax. However, they are subject to standard corporate profit tax rates on income coming from Curacao sources.
Wealth Management with a company registered in Curacao
As one of the leading international financial centers, Curacao prioritizes in-depth processes in reviewing and decision-making for corporate wealth management. This builds sustainable improvement cycles in controlling and enhancing asset strategies. The island is an attractive destination for startups and businesses due to a combination of factors including:****
Its strategic location in the Caribbean provides a well-established political environment and financial infrastructure.
Its tax-friendly environment allows for incentives and exemptions for international investors looking to optimize financial assets.
Its multicultural population and strong ties to Europe, North America, and South America open doors to cater to the unique needs of a global client base.
The stability of the jurisdiction, along with its strong banking system, paves the way for a conducive environment for wealth and asset management activities. With the help of LegalBison’s experts, you get the opportunity to optimize these advantages and thrive in a dynamic and competitive global market.
The name Curaçao has a strong link with the industry of online gaming and casinos. This is for a good reason: for many years, this small jurisdiction has issued a renowned license to many gambling companies willing to demonstrate their trustworthiness to their clients and partners (including business banks).
With the 2023 update in regulation, Curaçao has further strengthened its position as one of the go-to jurisdictions where to register a gaming company. Upon receiving the necessary permit, a gambling company in Curaçao can provide the following types of services:
Online casino;
Sports betting;
eSports;
Lottery and raffles;
Poker and card games.
And potentially more, depending on innovation, such as the introduction of cryptocurrency in gambling models.
Historically, Curacao has been a leading IOFC for holding and investment companies. A holding company may lower the tax burden of a group of companies through Curacao’s tax-exempt status.
In equivalence to tax treaties, Curacao holds special arrangements governing tax relations with the Netherlands, Sint Maarten, and Aruba. For new regime holding companies, certain benefits gained from these special arrangements include:
Deferral of tax on capital gains. This is provided that gains are considered to be passive income or produced outside of Curacao.
Freedom on exchange control. This is provided that the company obtains a foreign exchange exemption license from the Central Bank.
Deferral of tax on dividends. Accumulation of profits holds no restrictions nor profits tax for grandfathered offshore companies.
Curacao holding companies financing their participation in a Dutch subsidiary with both debt and equity gain a ratio of 85/15 on the two aspects. Debt interest is deducted up to 5% for tax purposes if the company holds a foreign participation. No debt interest is deductible for companies holding a qualifying Dutch or Curacao participation.
E-commerce business with a company registered in Curacao
With its financial services-based economy, Curacao supports and encourages e-commerce businesses of various startup and technology-oriented companies. For certain industries and activities, Curacao offers multiple incentives and support programs including:
Tax holidays;
Investment subsidies;
Customs exemptions;
Financial assistance.
E-commerce and digital solutions encountered an increase in usage, especially during the peak of the COVID-19 pandemic. With no need for physical presence or brick-and-mortar establishments, e-commerce in Curacao assisted development for many business owners. This is due to lower costs in operations and easier ways of invoicing worldwide.
As of 2024, the number of social media users in Curacao stands at approximately 104,000 (up to 54% of the total population). This surge in social media usage also boosted the expansion of online business opportunities. Should you choose to register your e-commerce business in Curacao, our experts are here to equip you with the relevant insights and prepare you for your entrepreneurship journey.
Maximize after-tax profits for the entire group of companies by managing tax affairs in alignment with legal obligations. Group tax planning in Curacao enables efficiency in the following fields:
Optimization of tax position. Minimize overall tax liabilities when you incorporate offshore entities into a group structure.
Protection of assets. Businesses may shield their assets from legal risks, creditor claims, and other liabilities.
Access to global markets. Open your business to investment opportunities, cross-border transactions, mergers, acquisitions, and joint ventures on favorable terms.
Flexible operations. Utilize flexible corporate structures in achieving certain objectives including asset segregation, risk mitigation, and estate planning.
Confidentiality and privacy. Sensitive transactions retain their discretion regarding financial affairs.
For more information on how to optimize group tax planning and other strategies for your business, feel free to contact us. We offer a free consultation call with our experts to give you significant oversight on Curacao’s taxation regulations.
International trading with a Curacao-based company
Curacao is one of the leading trading centers in the Caribbean. This is thanks to its strategic location between North and South America. Curacao takes the lead on the coordination between Europe and the Americas through its large natural harbor and modern port and airline facilities.
Offshore trading companies in Curacao are exempt from any transfer pricing controls. They are liable to tax at the standard rates of 15% up to ANG 500,000 and 22% excess on their net profit. Provided, their operations qualify as group company auxiliary activities such as:
Bookkeeping and administration services;
Reinvoicing;
Supplying information;
Clearing of purchase and sale transactions without power of representation (cost plus ruling may apply).
Qualified E-zone companies utilize online operations for international trading. They are not liable to import duties or turnover tax. However, they are subject to standard corporate profit tax rates on income coming from Curacao sources.
Wealth Management with a company registered in Curacao
As one of the leading international financial centers, Curacao prioritizes in-depth processes in reviewing and decision-making for corporate wealth management. This builds sustainable improvement cycles in controlling and enhancing asset strategies. The island is an attractive destination for startups and businesses due to a combination of factors including:****
Its strategic location in the Caribbean provides a well-established political environment and financial infrastructure.
Its tax-friendly environment allows for incentives and exemptions for international investors looking to optimize financial assets.
Its multicultural population and strong ties to Europe, North America, and South America open doors to cater to the unique needs of a global client base.
The stability of the jurisdiction, along with its strong banking system, paves the way for a conducive environment for wealth and asset management activities. With the help of LegalBison’s experts, you get the opportunity to optimize these advantages and thrive in a dynamic and competitive global market.
The name Curaçao has a strong link with the industry of online gaming and casinos. This is for a good reason: for many years, this small jurisdiction has issued a renowned license to many gambling companies willing to demonstrate their trustworthiness to their clients and partners (including business banks).
With the 2023 update in regulation, Curaçao has further strengthened its position as one of the go-to jurisdictions where to register a gaming company. Upon receiving the necessary permit, a gambling company in Curaçao can provide the following types of services:
Online casino;
Sports betting;
eSports;
Lottery and raffles;
Poker and card games.
And potentially more, depending on innovation, such as the introduction of cryptocurrency in gambling models.
When you register your company in Curacao, you open numerous effective and affordable ways to elevate the potential of your business, attract more favorable tax rates, and cater to a wider audience. Company formation in Curacao establishes a supportive framework to encourage entrepreneurship, protect stakeholders, and foster sustainable economic development. This heeds the call to form a transparent, legally compliant, and conducive environment to help your business thrive. Provided below is an overview of the requirements for company formation:
Requirements for company formation
A distinct company name
A registered office address in Curacao
A minimum of one (1) corporate director
A minimum of one (1) shareholder
Governing documents
With legal and financial distinctions between you and your business, your personal finances and assets are protected beyond the limit of their liabilities. Benefits of personal financial protection aside, you also establish a professional corporate reputation for your business. Registering to acquire a limited status helps market your business as a trustworthy and attractive prospect for potential investors and suppliers. LegalBison will help you maximize these benefits as we guide you during each step of the process. Simply consult with our team to avoid any misinformation and gain a clearer perspective on how to achieve the best for your company.
Taxation in Curaçao
Learn more about the taxation systems in Curacao to further maximize the potential of your business.
Corporate Taxes
Curacao’s statutory corporate tax rate is at 22%, with an exempt status of 0% applying to private limited companies (BV) and public limited companies (NV), subject to certain conditions. E-zone companies comply with a reduced rate of 15% provided they earn a taxable income of up to ANG 500,000.
Tax treaties with other countries
Curacao implemented the National Decree on Prevention of Double Taxation on October 19, 2022. This is to establish further rules with regard to relief from double taxation. Article 58 of the General National Ordinance states that in order to avoid double taxation, it’s possible for regulations and general measures to be established. This applies to corporate profit tax for all financial years beginning January 1, 2020, and onwards. Exemption applies separately for each state generating foreign income by granting an income tax reduction. This applies for income from the following sources:
Foreign enterprise (permanent establishment); - Employment income; - Income from immovable property; - Other specified income.
You may click on this link to view a document from the OECD containing the reservations and notifications made by the Kingdom of the Netherlands in respect of Curaçao upon deposit of the instrument of acceptance pursuant to Articles 28(4), 28(5), 29(1) and 29(2) of the Convention.
Incorporation process in Curaçao
If you’re ready to start your entrepreneurship journey in Curacao, here’s what you need to know.
Necessary documents
Registering your company in Curacao calls for capital distribution between partners and stakeholders through shares. In terms of capitalization requirements, there is zero minimum share capital required in Curacao. To set up your company incorporation, certain documents are required such as:
A notarial deed; - Signed articles of association; - Business license from Curacao’s Ministry of Economic Development; - Director’s license (for each managing director); - Residence and working permit (for each managing director).
It’s essential to prepare all necessary documents upon incorporating your business to establish clear legal compliance, cohesive business structure, protection of stakeholder interests, and an overall successful registration. These documents must then be filed with the Commercial Register of the Chamber of Commerce. We at LegalBison believe that the preparation and accomplishment of necessary documents should be simple and easy for our clients. We ensure that we continuously equip you with expert advisory and in-depth insight along the way.
Remote incorporation
One of the reasons why Curacao remains one of the most attractive jurisdictions for company registration is remote incorporation. There is no travel necessary for the whole incorporation process. As notarization of documents as well as a Power of Attorney (POA) from all partners are required, LegalBison initiates the delivery of the POA based on the service of your choosing. You must then certify the POA through a notary. Once the POA is fully accomplished, you may send an online copy to LegalBison for cross-referencing. You will then have to deliver the physical copy to our address via courier after receiving approval from our experts. Depending on your country, it is possible that you may have to legalize it via apostille, as some jurisdictions require full legalization. As Curacao is part of the Kingdom of Netherlands, it is also a member of the Hague Convention of the Apostille.
How to: registration company in Curaçao
Registering your company in Curacao is a profitable option to grow your business, especially if you want to operate globally. First, you have to determine if your line of business is regulated and permitted to operate in the Economic Zones (E-Zones). After which, discover which licenses are fit to conduct your business within Curacao.
Accounting and auditing in Curaçao
As a former tax haven, one may expect Curacao to have very light requirements in terms of accounting. This is partly true, as the obligations are not as stringent as in non-offshore jurisdictions. Good practices should still be followed.
Accounting and Bookkeeping
Accounting for a Curacao company should answer to a set of generally accepted accounting standards such as the IFRS or Dutch GAAP, though there is no legal obligation to stick to a specific standard.
Auditing requirements
The books and financial statements of a company in Curaçao should be produced on a yearly basis, validated by the management board, and audited by an appointed external auditor. There are no requirements to file or publish the annual statements of the company.
Company registry in Curaçao
The Curacao Chamber of Commerce and Registry maintains the registry of companies of Curacao. This Curacao company registry is public, but the information is accessible by entering the company’s registration number or name, therefore it is not possible to browse a list of companies.
Registry of directors in Curaçao
The name of the managing director of a company registered in Curacao is publicly disclosed in the registry. The full name, birth date, and citizenship of the managing director are public information.
Registry of shareholders in Curaçao
Shareholders of a company registered in Curacao aren’t publicly disclosed in the company registry of the country. Shareholders of a Curacao company are, however, known to the Curacao Chamber of Commerce and Industry.
Are nominee services legal in Curaçao?
Yes, it is possible and legal to appoint a nominee as a director and/or as a shareholder of a company registered in Curaçao. Such service can be discussed with our consulting team, as LegalBison is able to advise your project on the matter.
Substance and residency in Curaçao
Having some beneficial characteristics of an offshore tax haven without being one fully, Curacao imposes light substance requirements on the companies incorporated in the country. None of them really requires you to be on site and proper guidance is advisable to operate as should be.
Economic substance in Curaçao
The economic substance principle means that “the main part of the company’s activity takes place in Curacao”. For example, strategic decisions from the board should be taken during meetings on the premises of the company, in Curacao. The economic substance requirement is mandatory to apply for a beneficial tax regimen (3% or complete exemption).
Residency requirements of shareholders and directors in Curaçao
Any company registered in Curaçao is obliged to have a local director or representative, as well as a registered address. Naturally, the choice of a representative is the go-to option for most companies deciding to incorporate a legal entity in Curacao. LegalBison can assist in finding a trustworthy representative for the safe operation of your business.
Banking with a Curaçao company
Though Curacao got off its former status of a tax haven, it remains an offshore jurisdiction with many tax advantages for business, such as tax incentives, and banks therefore see it as an appealing country for high-risk businesses. For this reason, opening a bank account in Curaçao isn’t necessarily simple. Most onshore banks will refuse to work with a Curacao company and offshore banks might ask for consequent financial guarantees and high fees. Assistance from LegalBison’s experts, with the support of our professional network, can significantly ease up the process and provide your company in Curaçao with the right banking solution for your needs.
Company types in Curaçao
The main types of companies that can be formed within Curacao are the NV (naamloze vennootschap, also called Public Limited Liability Company) and the BV (besloten vennootschap, also called Private Limited Liability Company). The BV is the most commonly used legal entity for offshore business thanks to its flexibility, as shareholders and managing directors can be the same individuals.
Cost of a Company Formation in Curacao
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Cost of a Company Formation in Curacao
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Free consultationFREEInquiry about incorporation in CuracaoBOOK A CALLBOOK A CALLRequest information on company formation in Curacao: cost, process and requirements.
Basic Packagefrom 3.990 €Initial set upGET QUOTEGET QUOTETurnkey company formation, Everything you need to get off the ground. Start now!
Full PackageOn requestComplete set upGET QUOTEGET QUOTEFull turnkey company formation and support in all necessary aspects. Customized pricing!
Initial consultation with our experts
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Included
Included
Turnkey Company Formation
Not included
Included
Included
Company contact person
Not included
Included
Included
Registered legal company address for 1 year
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Included
Included
Remote incorporation
Not included
Included
Included
Notary Services
Not included
Not included
Included
Company Secretary
Not included
Not included
Included
Nominee Shareholder
Not included
Not included
Included
Nominee director
Not included
Not included
Included
Accounting for 1 year
Not included
Not included
Included
Long-term POA
Not included
Not included
Included
Apostilled set of documents
Not included
Not included
Included
Additional legal support
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Corporate Account
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STORIES OF OUR CLIENTS AND HOW THEY WENT BEYOND WITH OUR ASSISTANCE
It is an honour for us to serve wonderful clients
Fast and Reliable.Quick set-up and straightforward process. It was a smooth process, we are happy to have chosen LegalBison as our Partner for incorporations, globally.
Jack Tang
BoomFi
We felt genuinely supported.LegalBison helped us navigate a space that’s often uncertain and complex, which gave us the confidence to move forward with our project.
Al Alof
ChicksX
Excels at adapting to challenges.LegalBison excels at adapting to challenges and demonstrates a perfect understanding of our business needs.
Andreas Fleischhacker
ACM Finance
A fruitful cooperation.As a result of the fruitful cooperation with LegalBison, Yellow Card obtained a VASP registration, fast and without any legal complications.
Craig Stoehr
Yellow Card
A perfect fit for our business.I highly recommend Legal Bison to any entrepreneur or business seeking top-notch services for their company formation. Their commitment to excellence and customer satisfaction is truly commendable.
Shelby
BinStarter
Best for Crypto Licenses.Best company for Crypto Licenses! Kudos to the team for making the incorporation of our company really smooth
Crypto Hunt, CEO
Lakan Interactive
Step-by-Step formation of a company in Curacao
Full process: Incorporation in Curaçao
The A to Z process of creating a company in Curaçao is straightforward, clear, and simple. With the guidance of LegalBison’s experts, forming a company in Curacao will be a turnkey experience, where your personal legal team manages all the administrative and technical work on your behalf.
STEP 1 OF 3
Estimated timeDecide on the key elements
PROJECT PLANNING
To start your company’s incorporation in Curacao, finalize among your members the name of the company. Once decided, you can now designate the executive roles and construct the shareholder structure. This is to manage, diversify, and keep track of the company’s ownership and decision-making powers.
Make sure to prepare all necessary legal documents including articles of incorporation for drafting and filing with the relevant authorities. Depending on the nature of your business, additional permits or licenses may be required for legal operations. Simply contact our professionals at LegalBison for any assistance you may need in the preparation stage of incorporation.
STEP 2 OF 3
Estimated time1 week
REGISTRATION OF THE COMPANY IN CURACAO
Company incorporation in Curacao involves registering with the Chamber of Commerce and obtaining a business license. The time of completion depends on the entity’s legal form. Incorporation of an NV or BV is typically completed in one day, with substantial necessary licenses arriving within several weeks.
At LegalBison, we manage this part of the process entirely, providing our clients ample time to focus on their business structure and maximize operations. For us to maintain transparent communication, we make sure to send regular updates to our clients via email. We also provide the necessary set of corporate legal documents once incorporation is completed.
STEP 3 OF 3
Estimated time4 weeks
OPENING A BANK ACCOUNT FOR YOUR CURACAO COMPANY
Once company registration is fulfilled, it’s time to set up your company’s bank account. The bank account opening process in Curacao requires meticulous planning and thorough navigation. Crucial steps in opening your company bank account include:
Choosing the right bank;
Gathering important documents;
Appointment scheduling;
Accomplishing account application forms;
Reviewing terms and conditions;
Funding your account;
Receiving account details.
Banks in Curacao are typically stable and have strong correspondents, but they also come with their own risks and service restrictions. Thankfully, LegalBison assists our clients throughout the whole process to provide a stress-free flow in opening your account.
Curated by our legal team, these are the most popular jurisdictions
Alternatives to a company registered in Curacao
British Virgin Islands
Company Formation in British Virgin Islands
from 1.320 €
Top offshore jurisdiction
Tax-free, no reporting
High secrecy
Cayman Islands
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from 2.915 €
Complete tax exemption
Top for investing
Costa Rica
Company Formation in Costa Rica
from 2.350 €
Tax-free
Discretion of board members
Not listed as a tax haven!
Estonia
Company Formation in Estonia
from 450 €
Fast incorporation
0% tax on undistributed income
Entirely remote
Hong Kong
Company Formation in Hong Kong
from 750 €
Ideal offshore jurisdiction
Advantageous taxation
Fast and cheap process
Marshall Islands
Company Formation in Marshall Islands
from 990 €
0% Tax
Bearer shares allowed
Doesn't share information
Mauritius
Company Formation in Mauritius
from 1.900 €
Very low taxation
Top choice for financial business
Business-friendly jurisdiction
Panama
Company Formation in Panama
from 890 €
0% Tax
100% Remote
No filing
Saint Kitts & Nevis
Company Formation in Saint Kitts & Nevis
from 1.300 €
0% Tax
Bearer shares allowed
White listed jurisdiction
Saint Vincent and Grenadines
Company Formation in Saint Vincent and Grenadines
from 1.625 €
0% Tax
High level of Secrecy
Great for Forex business
Seychelles
Company Formation in Seychelles
from 790 €
0% Tax
No reporting
Cheap and easy
UAE
Company Formation and Business Setup in UAE
from 3.000 €
Competitive taxation
Trusted and growing
Easy to incorporate
No offers are listed for this selection.
About company registration in Curacao
The right path forward, regardless of project stage
Curaçao does have a tax exemption regimen, which technically makes it a tax haven, but due to requirements in reporting and economic substance, the EU and OECD do not qualify Curaçao as a tax haven anymore.
Curaçao is a very famous jurisdiction for registering an online gambling company. More information can be found on the Curaçao Gambling License page.
Their main interest is to relieve an existing company of taxation. Curaçao uses a territorial tax system that applies to any domestic corporation. However, the income generated from permanent establishments (a registered company in another jurisdiction) is exempt from taxation. Therefore, you may want to consider registering a Curaçao BV only if you already own and run a company. Setting up a company in Curaçao implies answering the requirement for economic substance: hiring a local director and having activities happen within Curaçao. To make sure Curaçao suits your needs, reach our experts for an opinion on your case.
Curacao isn’t exactly an autonomous country, as it is part of the Kingdom of the Netherlands. As a consequence, its territory is also de facto part of the European Union. It is however worth underlining that Curacao has a certain level of independence from its sovereign state and that it has its own currency, the Netherlands Antillean Guilder (ANG).
Starting a business in Curacao is pretty easy: the incorporation of a company in this offshore jurisdiction is fast and cost-effective. Once the company formation in Curacao is complete, your business can begin its activities, whether it is located in Curacao itself or anywhere in the world.
Yes. The Hague Convention was established in The Hague, Netherlands. Curacao is a state under the sovereignty of the Kingdom of the Netherlands. Subsequently, the notarization of documents to register a company in Curacao is made simpler with the Apostille, meaning a gain of time and a saving of money for entrepreneurs.
The standard corporate tax rate applicable to companies registered in Curacao is 22%. This rate can however be decreased down to 0% with exemptions and rebates. LegalBison advises booking a call with a tax lawyer for more details about the taxation system for companies formed in Curacao.
The cost of company formation in Curacao depends on the necessary services to be provided in order for your project to come to life. The only sure way to get a definitive quotation is to get in touch with our consulting team, to expose your project in due detail, and to draw a roadmap together of what is needed for your business to get started.
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Our team of experts will be glad to provide you with answers and a one-stop-shop solution to all your legal corporate needs.
Company Registration
Consulting Team
Consulting team dedicated into advising the best suitable jurisdiction for your project.
Phone+44 20 4577 0974
Tarass Tokmakov
Specialist - Associate
FinTech business development expert with leading experiences in innovative payment services providers.
