Aruba Business Information
Background
Companies that operate in the export business of goods and services can enhance their competitive edge by choosing the free zone status. A free zone company in Aruba enjoys three major financial benefits:
- 2% tax over all profits generated from free zone activities
- 0% import duties on goods imported and exported through the free zone
- 0% turnover tax over the turnover generated from free zone activities
- Exemption from foreign exchange commission on foreign currency payments
Other Benefits
- No local partner is required to establish a free zone company (full foreign ownership)
- No import duties on equipment and machinery acquired for company use
- A US dollar account can be maintained ensuring efficiency in payments
- Retail sales to tourists, local sales possible*
- No minimum investment capital required to start up a business in the free zone
- Custom clearance office located at the main gate of the free zones
- Modern control mechanism and clear regulations
- Flexible construction possibilities
- 24-hour security
- The free zones are located at short distance from the harbor and airport