Author: Karel Frielink

At least one general meeting per year must be held There are no dates determined or location(s) specified for the meetings of the board of directors under Netherlands Antilles law. The articles of association of a company (NV or BV) may determine specific dates and/or specify location(s) for the meeting(s) of the board of directors.… Continue reading CORPORATE ISSUES UNDER NETHERLANDS ANTILLES LAW

Bearer shares versus registered shares There are no legal restrictions as to the transfer of shares of a company. According to corporate law, the articles of association of a company may provide for certain restrictions. Regarding registered shares, a share transfer deed has to be entered into between the transferor and transferee. In addition, for… Continue reading A SHARE TRANSFER UNDER NETHERLANDS ANTILLES LAW

The solicitation of repayable funds is prohibited The Netherlands Antilles National Ordinance on the supervision of banking and credit institutions 1994 (‘Landsverordening toezicht bank- en kredietwezen’) does not use the term ‘bank’ (other than when referring to the Central Bank of the Netherlands Antilles). It prohibits anyone to engage in the business of a Credit… Continue reading CREDIT INSTITUTIONS UNDER NETHERLANDS ANTILLES LAW

Violent crimes versus white-collar crimes The Netherlands Antilles criminal justice system is mirrored after the Netherlands criminal justice system. It distinguishes itself from many other criminal justice systems (e.g. the U.S. system) on many aspects (e.g. the severity of sanctions imposed). The principal laws which guide the criminal justice system in the Netherlands Antilles are… Continue reading THE NETHERLANDS ANTILLES CRIMINAL JUSTICE SYSTEM

The Netherlands Antilles has high quality service providers International financial services form an important pillar of the economy of the Netherlands Antilles. Other important sources of income include tourism, oil refining and shipping. The financial sector is supported by a number of international banks offering a wide scale of services. All of the larger international… Continue reading INTERNATIONAL FINANCIAL SERVICES IN THE NETHERLANDS ANTILLES

The community as a whole is still suffering from unfair competition Telecommunications is one of the key elements of the infrastructure of the Netherlands Antilles. The liberalization of this industry is a governmental priority. The liberalization process allows the services being offered to improve in both price structure and quality. The telecommunication sector in the… Continue reading TELECOMMUNICATION SERVICES IN THE NETHERLANDS ANTILLES