CROSS-BORDER CONVERSION OF CURACAO LEGAL ENTITIES

Inbound and outbound

Since 10-10-10 Curacao has its own Book 2 of the Civil Code. This applies equally to Sint Maarten. The BES Islands (Bonaire, Saba and St. Eustatius) also have their own Book 2 Civil Code, that (also) differs from Book 2 of the Civil Code in the Netherlands. As from the said date, seen from the perspective of Book 2 of the Curacao Civil Code, St. Maarten and Bonaire – just as had already applied to Aruba for quite some time – are to a certain extent to be considered as ‘a foreign country’. I say here ‘to …
Read the rest »

21
Sep 2017
CATEGORY

Corporate

COMMENTS No Comments

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 seat

In accordance with the statutory law of the Netherlands Antilles, a public limited liability company may transfer its seat to (1) another island or country within the Kingdom of the Netherlands or (2) a third country.

  • In short, in accordance with …
    Read the rest »
  • 24
    Aug 2010
    CATEGORY

    Corporate

    COMMENTS No Comments