THE MANAGEMENT BOARD OF A DUTCH CARIBBEAN CORPORATION

The concept of corporate officers is unknown The management board has the function of managing the corporation, i.e., making policy and conducting the day-to-day management of the corporation. The management board is responsible for the management of the BV and is authorized to represent it, except where restricted by the articles of incorporation. The management… Continue reading THE MANAGEMENT BOARD OF A DUTCH CARIBBEAN CORPORATION

KEEPING, MAINTAINING AND RETAINING RECORDS FOR TAX PURPOSES IN THE DUTCH CARIBBEAN

Records must be kept for 10 years Pursuant to article 43 of the Netherlands Antilles State Ordinance on National Taxes (Algemene Landsverordening Landsbelastingen, “GONT”) an entity is obliged to keep the records (‘administratie’) of its assets and liabilities that clearly show the rights and obligations at all times and that provide the data relevant to… Continue reading KEEPING, MAINTAINING AND RETAINING RECORDS FOR TAX PURPOSES IN THE DUTCH CARIBBEAN

PROVIDING INFORMATION TO THE DUTCH CARIBBEAN TAX INSPECTOR

Digital information is not sufficient In general every company is obliged to supply the Tax Inspector with data and information that is or can be significant for levying taxes from that company. Regarding the aforementioned all data carriers or their content have to be made available at the request (and discretion) of the Tax Inspector.… Continue reading PROVIDING INFORMATION TO THE DUTCH CARIBBEAN TAX INSPECTOR