CURACAO IS THE PEARL AND THE CAPITAL OF THE CARIBBEAN
Curacao has a friendly tax climate, too
Curacao is part of the Kingdom of the Netherlands. International financial services form an important pillar of the economy of Curacao. Other important sources of income include tourism, oil refining and shipping. The financial sector is supported by a number of international banks offering a wide scale of services. All of the larger international audit firms are represented on Curacao.
Curacao has an active representative interest group called the Curacao International Financial Services Association (’CIFA‘). CIFA consist of almost all market participants, including funds, administrators, corporate service providers, lawyers, tax advisers, auditors, notaries, banks and other financial institutions. Furthermore, in relation to the fund industry, Curacao has its own interest group, called the Funds Platform.
Curacao provides a favorable tax, legal and regulatory climate for large corporations, (hedge) funds and wealthy individuals (including classical musicians, pop artists, DJs, athletes, tennis players, golf players, entertainers, composers, fashion models). They all may benefit from the friendly Curacao tax climate.
Curacao based companies and foundations can be used to relieve taxes on dividends, interest payments and royalties. Royalties can be earned from, e.g., performances, trademarks, copyrights, film rights and patents. It is of importance to mention that Curacao is not listed on any OECD or FATF blacklist. Curacao is OECD and FATF compliant.
Karel Frielink
Curacao-based Attorney (lawyer) / Partner
