Month: July 2006

A treaty is required International legal assistance There exists a treaty between the Kingdom of the Netherlands (of which the Netherlands Antilles form a part) and the United States of America regarding the mutual legal assistance regarding criminal matters. “Legal assistance” includes assisting with, or granting co-operation to an investigation, sending and/or obtaining documents, files,… Continue reading LEGAL ASSISTANCE IN CRIMINAL INVESTIGATIONS, EXTRADICTION AND ENFORCEMENT OF CRIMINAL JUDGMENTS BETWEEN THE UNITED STATES OF AMERICA AND THE NETHERLANDS ANTILLES

Shares or assets? If one wants to take over the control of a Netherlands Antilles based company there are two options: acquiring either (a majority of) the shares or acquiring the assets of the company. Share transfer There are no legal restrictions as to the transfer of shares of a company. According to corporate law,… Continue reading TAKE-OVER FORMALITIES UNDER THE LAWS OF THE NETHERLANDS ANTILLES

Not every application is honored In order to establish a bank in the Netherlands Antilles a license granted by the Central Bank (‘Bank van de Nederlandse Antillen’) is required. The general rule in the Netherlands Antilles is that new banks are only admitted as long as the banking market provides sufficient opportunities for a sound… Continue reading ESTABLISHING A BANK IN THE NETHERLANDS ANTILLES