THE DUTCH CARIBBEAN INCORPORATION DOCTRINE

The courts apply the law of the state where the legal entity was incorporated
The Netherlands Antilles adheres to the Incorporation Doctrine (Netherlands Antilles State Ordinance of 9 September 1960, which entered into force on the 10th of September 1960, P.B. 1960, 166). According to this doctrine, the internal affairs of a corporation are governed solely [...]

Filed under: Corporate by Karel.Frielink
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MOVING?

Transfer of seat and cross-border conversion
Globalization has made it very common for people to migrate to other countries. This not only applies to natural persons however, but also to legal entities. I.e. it is also possible for companies incorporated under the laws of the Netherlands Antilles to migrate to other countries.
The possibilities are:
A Transfer of [...]

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WHAT YOU SHOULD KNOW ABOUT GEERT WILDERS BEFORE LISTENING TO HIS SPEECH ON 9/11

Geert Wilders: “There is nothing wrong with Islam”
The Dutch congressman Geert Wilders (Freedom Party (Partij voor de Vrijheid)) will deliver a speech on September 11, 2010 in New York in opposition to the proposed building of a mosque close to Ground Zero. He will not only condemn the followers of Islam, but also Islam itself. [...]

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NON-POSSESSORY PLEDGE UNDER THE LAWS OF ARUBA

A non-possessory pledge requires a deed
Security rights are an important issue, especially in financing transactions. A company may, for example, guarantee the obligations of another company under a certain loan facility. There are several alternatives, one of which will be discussed here.
Under the laws of Aruba there are several kinds of pledges, in particular, the [...]

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SCANNED EVIDENCE UNDER THE LAWS OF THE DUTCH CARIBBEAN

Electronic files will not be disregarded as evidence
A Netherlands Antilles or Aruban court may only base its decision on facts. An alleged fact that is not disputed by the parties is considered to be such a fact, even if it does not correspond with reality. For example, if both parties state that they were involved [...]

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KPMG CURACAO (NETHERLANDS ANTILLES) IS SEEKING: A (SENIOR) MANAGER/DIRECTOR – AUDIT

Professional for assurance engagements in the financial services sector
KPMG is a US $ 20 billion professional services organization with 135,000 people operating in over 140 countries, helping turn knowledge into value for its clients worldwide. Excellent career opportunities are available with the KPMG Dutch Caribbean practice for their office in Curacao. These opportunities are with the [...]

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DIRECTORS’ LIABILITY IN THE DUTCH CARIBBEAN

Personal and several liability
The members of the Board of Directors are personally and severally liable towards the NV (or BV, as the case may be) for any loss caused by the improper performance of duties. Each member of the Board who proves that he cannot be blamed for such improper performance and that the activities [...]

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