SUPERVISORY DIRECTORS OF A CURACAO INSURANCE COMPANY

The Central Bank has issued guidance notes
According to the Curacao Ordinance on the Supervision of the Insurance Business, a Board of Supervisory Directors of an insurance company shall have the task of supervising the policy of the Management Board of such company and the general course of events of the insurance company and the business associated [...]

Filed under: legal by Karel.Frielink
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PROPOSED REVIEW CORPORATE CODE ON ULTRA VIRES

The rules with regard to ultra vires are fundamentally changed
Ultra vires means ‘beyond power or authority’. An ultra vires act is one beyond the purpose clause as laid down in the Articles of Association of a legal entity, for instance a foundation or a limited liability company (NV or BV).
Early in 2010, a draft bill [...]

Filed under: Corporate by Karel.Frielink
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VACATURES CURACAO: ADVOCATEN 3-5 JAAR ERVARING

Omschrijving kantoor
Spigthoff Curacao is een commercieel full-service kantoor met focus op ondernemingsrecht, financieel recht, belastingrecht en geschillenbeslechting. De advocaten en belastingadviseurs van Spigthoff adviseren en procederen op uiteenlopende rechtsgebieden en begeleiden transacties, zowel op de lokale markt als internationaal.
Spigthoff Curacao heef inmiddels een solide reputatie opgebouwd, zowel lokaal als in de omringende Caribische regio. Het [...]

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ELECTRONIC AGREEMENTS IN CARACAO AND SINT MAARTEN

The Dutch Caribbean digital signature exists for over 10 years
The Curacao Ordinance on Electronic Agreements a.k.a. the Curacao Ordinance on agreements concluded electronically (Landsverordening overeenkomsten langs elektronische weg) became effective on 1 January 2001. The Ordinance in St. Maarten is similar to the one in Curacao.
The Ordinance provides that an electronic signature shall have the [...]

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VOLUNTARY DISCLOSURE AND THE HUNT FOR UNDISCLOSED ACCOUNTS BY US AND DUTCH TAX AUTHORITIES

Propaganda machines up to speed
Publicity efforts by the US and Dutch tax authorities indicate that the hunt for undisclosed accounts in typical offshore jurisdictions is still a hot item. Although Curacao was not mentioned by the US authorities, the Dutch tax authorities announced a new search for undisclosed accounts in Curacao based on information provided [...]

Filed under: tax by Karel.Frielink
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THE DUTCH CARIBBEAN AND ROME I AND ROME II

Nothing has changed as of 10-10-10
The Country the Netherlands Antilles consisted of Bonaire, Curacao, St. Maarten, St. Eustatius and Saba, and formed part of the Kingdom of the Netherlands. On October 10, 2010 the Netherlands Antilles ceased to exist as a country. Two new countries were born on that date: the country Curacao and the [...]

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