The Netherlands Antilles are part of the
Kingdom of the Netherlands but have different tax regulations. In 2001, a new fiscal
regime was introduced to bring the islands in line with OECD standards and to facilitate
tax treaties. The Netherlands Antilles levies a corporate tax rate of 34.5% on the
profits of resident companies and non-resident corporate entities if generated through
a permanent Antilles-based company. Dividends from resident subsidiaries that qualify
for participation exemption are 100% exempt, while dividends from non-resident participations
are 95% exempt. No withholding taxes are imposed on dividend, interest or royalty payments
made by Netherlands Antilles companies to foreign persons or entities. The tax treaty for
the Kingdom of the Netherlands provides for special provisions regarding withholding taxes
for Dutch subsidiaries of Netherlands Antilles holding companies. International companies
are not subject to capital gains or estate taxes.
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Netherlands Antilles companies are often used in combination with Dutch companies in
international corporate structuring.
Through our offices in Curacao, we can coordinate the setting up and administration of
various types of legal entities in Curacao as well as in other jurisdictions in the region,
such as Aruba and the British Virgin Islands.
In Curacao, New Millennium Trust is supervised by the Central Bank of Curacao. Our
office in Curacao also serves the whole of Latin America and the Caribbean.
For further information on our services in
the Netherlands Antilles and our special services for Latin America, please contact us.
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