A Private Foundation can be used for tax planning and asset protection
The Curacao Private Foundation was introduced by the National Ordinance Regarding Foundations as published on October 31, 1998. Since March 1st, 2004, these rules are laid down in Book 2 of the Curacao Civil Code.
The Private Foundation possesses corporate personality but does not have [...]
Filed under: Corporate by Karel.Frielink
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New Opportunities for the International Sector
The Curacao tax reform 2011 was recently adopted by the Curacaoan parliament. The Curacao tax reform 2011 has some interesting features for the international financial sector. The expectations are that more features will follow during the next few years, however, no formal announcements have yet been made in this respect.
A [...]
Filed under: Uncategorized, tax by Karel.Frielink
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15 October 2011
For further information: vincent@elysiants.com
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Filed under: Uncategorized by Karel.Frielink
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Judgments are immediately enforceable most of the time
According to Article 55, par. 1 of the Curacao Code of Civil Procedure, opposition (in the case of a default judgment) or appeal (in the event of adversarial proceedings) prevent the enforcement (execution) of a judgment unless the decision is ‘enforceable notwithstanding opposition or appeal’ a.k.a. a judgment [...]
Filed under: legal by Karel.Frielink
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