Advice can be given by Notary offices, Department of Economic Affairs, Commerce and Industry (DEACI), Idea, ARINA, Chamber of Commerce and Industry Aruba (KvK) and law firms.
The setup of a business legal form such as a Corporation (NV), Limited Liability Company (VBA) or Foundation (Stichting) can only be done by a local notary.
A corporation’s name must be registered at the High Commissioner Aruba Financial Center by one of the notary offices established on the island.
The best legal advice can be given by a lawyer. For guidelines on when to seek legal advice you may consult the Legal Network Guidelines.
To determine the type of business structure that is best for your business startup, you will need to know the differences between these types, their advantages and drawbacks. The business structure you choose will have legal and tax implications. Therefore advice is required. Learn about the different types of business structures and find the one best suited for your business.
Some of these types are listed below:
Every business established in Aruba is required to register at the Chamber of Commerce and Industry Aruba. The procedures are stated in Steps for registering a business or in Why register your business.
For more information, visit the Chamber of Commerce and Industry Aruba’s website: http://www.arubachamber.com/.
It is important to secure your intellectual property rights in your target market. Almost every country has an intellectual prorperty bureau where you can register your intellectual property. In Aruba the Aruba Bureau of Intellectual Property (BIE) processes all trademarks, industrial designs, copyrights and patents matters.
If you are constructing a new building for your business or an addition must be made to your building, you need to apply for a building permit at the Department of Public Works (DOW).
For additional information regarding construction regulations see Building permit.
Work permit is necessary if directors of Corporation (NV), Limited Liability Company (VBA) or Aruba Exempt Corporation (AVV) or business owners of Sole proprietorship (EZ) or General Partnership (VOF) don’t fulfill conditions for residing, working and starting a business in Aruba.
Business owners are required to fulfill certain conditions to acquire residence permit at the Government department administering alien policy, admission and Integration (DIMAS) according to the “National Ordinance on Admission and expulsion”.
Work and residence permit
The governments policy on foreign manpower are as follows:
All foreign nationals wishing to work in Aruba must first obtain a positive advice from DPL to obtain a work permit from the (DIMAS). Foreign nationals are not allowed to be in paid employment by an Aruban employer while visiting Aruba as a tourist.
Work permit is necessary if directors of Corporation (NV), Limited Liability Company (VBA) or Aruba Exempt Corporation (AVV) or business owners of Sole proprietorship (EZ) or General Partnership (VOF) don’t fulfill conditions for residing, working and starting a business in Aruba. Business owners are required to fulfill certain conditions to acquire residence permit at the Government department administering alien policy, admission and Integration (DIMAS) according to the “National Ordinance on Admission and expulsion“.
If you plan to employ foreign man power they are most likely going to need a work permit.
Further information and application forms for advice and permits can be obtained free of charge at DPL and DIMAS.
