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| Requirements for Limited Liability Company (NV) |
| Minimum Authorized Share Capital of 50,000 NA Guilder (about US$28,000), of which 20% must be paid up on incorporation. Shares can be Registered or Bearer, but Bearer Shares must be fully paid up. |
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At least one Managing Director resident in the jurisdiction is required. Can be provided by CFG. |
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The Managing Director has also the powers of Company Secretary.
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A Registered Office in the jurisdiction is required – Can be provided by CFG.
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Annual audited statements are not required. |
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Shelf Companies are available. |
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| Recent Legislation – NABV |
| A new Company formation known as the NABV (BV) is now being introduced. The BV will be easier to incorporate, has no minimum capital requirements and its Board of Directors must consist of resident individuals or resident Trust Companies. Bearer Shares will not be permitted. It will be possible to convert an NV into a BV and vice versa. Please note that regulations concerning the NABV are still being published and extreme caution should be exercised at this time with regard to using this form of Company. |
| Netherland Antilles (N.A.)
The Netherland Antilles are composed of five islands, divided into two groups and located in the Caribbean Sea. The southern islands: Curacao & Bonaire are located just off Venezuela's shores and the northern islands: Sint Maarten, Saba & Sint Eustatius are located southeast of the Virgin Islands.
N.A. was a slave trading center, until slavery was abolished, in 1863. Nowadays they are an autonomous entity subordinate to Netherland (except part of Sint Maarten Island that belongs to France). The islands' economy is based on tourism, oil refining and offshore company formation.
The Netherland Antilles were one of the earliest offshore financial and tax planning centers and they still are a key player in this field. N.A. Offshore Companies together with Dutch Companies have been very attractive combinations to tax planners from countries having favorable tax treaties with Holland, including Israel. In addition to the favorable Tax arrangements with Holland, the features that make the Netherlands Antilles particularly interesting for establishing offshore investment, holding and real estate companies, include:
| Exemption from Capital Gains Tax
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Very low taxes on Dividend and Interest Income (2.4% to 3%)
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No withholding taxes on dividends and interest
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| Confidentiality of corporate records guaranteed by law | • |
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