Curaçao
Company Formation
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Why Curaçao
- Curaçao offers a flexible legal framework, favorable tax conditions and quick market entry, making it a strong choice for company formation.
- It’s particularly suitable for iGaming businesses seeking a cost-effective license covering all types of online gaming.
- With low corporate taxes and no VAT or withholding taxes on foreign income, Curaçao provides significant financial advantages.
- Minimal compliance requirements and a fast incorporation process make Curaçao ideal for start-ups and international businesses.
Key Contacts
Phaedra Hanst
Vivian Pieters
Claire Godschalk
Downloads
Useful Links
Key Information Overview
 | Types of Companies | Private Limited Company (NV), Public Limited Company (BV), Sole Trader |
 | Minimum Share Capital | NV: USD 1,000; BV: USD 1,000 |
 | Registered Office | A registered office is required, but physical presence can be minimal and companies often use local service providers. |
 | Shareholders & Directors | At least 1 shareholder. A local director is recommended or may be required for certain businesses but is not mandatory. |
 | Bank Account | A functional account is required for operations. The account can be either local or international. |
 | Tax Regime | 22% corporate tax; no withholding tax on dividends |
 | Time to Complete Incorporation | 1-2 weeks |
 | Annual Maintenance Costs | Varies based on company size; includes registration fees and compliance |
 | Audit Requirements | Not mandatory for all companies, but large companies or those in regulated sectors may be subject to audits. |
 | Market Access | International reach; tax treaties with select countries |
 | Key Benefits | Low corporate tax, flexible regulatory environment, international scope |
 | Legal Framework | Based on Dutch civil law |
 | Physical Presence Requirements | Registered office is required |
 | Corporate Governance Requirements | 1 director and 1 shareholder (local representative required) |
 | Language Requirements | Dutch and Papiamento, though English can be used for most documentation |
 | Tax Residency Rules | Considered tax resident if managed and controlled from Curaçao |
 | Required Documents | Memorandum of Association, ID proof, registered office, share capital deposit |
 | Compliance & Reporting | Annual returns, financial statements |
 | Employee and Payroll Requirements | Must comply with Curaçao employment laws, including social security |
Types of Companies
CURAÇAO OFFERS SEVERAL TYPES OF CORPORATE STRUCTURES TO MEET THE NEEDS OF BUSINESSES, ESPECIALLY THOSE IN IGAMING AND OTHER INTERNATIONAL SECTORS.
01
Private Limited Liability Company (BV)
- The most common company type in Curaçao, used by small and medium-sized businesses.
- No minimum share capital requirement.
02
Public Limited Liability Company (NV)
- Suitable for larger companies looking to raise capital publicly.
- Minimum share capital requirement: USD 25,000.
03
Foundation
Often used for charitable purposes or asset protection, with no shareholders and focused on specific purposes or objectives.
04
Branch of a Foreign Company
Allows foreign companies to establish a branch in Curaçao without creating a separate legal entity.
05
Special Purpose Vehicles (SPVs)
International Business Company (IBC)
Often used for asset management, intellectual property and cross-border transactions, with significant tax advantages.
Trusts
Investment Holding Company
Securitisation Vehicles
Used in financial markets for packaging assets and securities for investors, offering tax-neutral structures and regulatory flexibility.
Start-Ups
CURAÇAO OFFERS A SUPPORTIVE ENVIRONMENT FOR START-UPS, PARTICULARLY THOSE IN THE IGAMING, TECH AND FINANCIAL SECTORS. WITH A FAVOURABLE TAX REGIME, FAST INCORPORATION AND A WELL-ESTABLISHED REGULATORY FRAMEWORK, CURAÇAO IS A VIABLE OPTION FOR ENTREPRENEURS.
Tax Incentives:
- Corporate Tax Rate: The standard corporate tax rate for iGaming and international businesses is 22%, with additional tax incentives for qualifying businesses.
- Tax-Free Dividends: No withholding tax on dividends paid to foreign shareholders.
Government Support:
- Start-Up Grants: Various programmes offer grants and loans for innovation-driven businesses.
- Foreign Investment Support: Curaçao provides incentives for foreign investors, including residency programmes and business-friendly regulations.
Business Support Services:
Incubators and Accelerators: Several initiatives offer mentorship, workspace and financial support for start-ups.
Employment Incentives:
Access to Markets:
Strategic Location: Positioned in the Caribbean, Curaçao provides access to both North and South American markets.
Digital-Friendly Environment:
B
Grade B: Start-Up Friendly
Benefits
iGaming-Friendly Jurisdiction
Curaçao has one of the most cost-effective iGaming licences in the world, offering a broad scope of coverage with a single licence for casino games, sports betting and poker.
Tax Benefits
Low corporate tax rates and the absence of VAT, withholding tax or import duties on foreign-sourced income provide significant savings for international businesses.
Established Legal and Regulatory Framework
Curaçao’s long-standing legal system is based on Dutch law, offering a stable and secure business environment.
Ease of Doing Business
Curaçao offers a relatively simple and fast incorporation process, with minimal capital requirements and flexible corporate governance rules.
Global Market Access
Curaçao is recognised globally, particularly in the iGaming and financial sectors, and its licences are accepted by payment processors and service providers worldwide.
Requirements
To incorporate a company in Curaçao, there are certain legal and administrative requirements that need to be fulfilled
01
Shareholders
02
Directors
At least one director is required for all company types. Directors can be either individuals or legal entities and there are no residency requirements.
03
Registered Office
The company must maintain a registered office in Curaçao, which will serve as its official address for legal matters and correspondence.
04
Minimum Share Capital
There is no minimum capital requirement for BVs, while NVs require a minimum of USD 25,000.
05
Bank Account
Companies must open a local or international bank account, depending on their operational needs.
06
Tax Identification Number (TIN)
The company must obtain a TIN from Curaçao’s tax authorities, which is essential for tax filings and other legal obligations.
07
Memorandum and Articles of Association
Mergers & Acquisitions
TAILORED SUPPORT to fast-track your market entry
Our Mergers & Acquisitions services are designed to assist clients in acquiring existing companies with pre-established licenses, streamlining the process of entering or expanding in key markets. These services are particularly relevant for investors seeking to fast-track their market entry while ensuring efficient and compliant solutions.
Identifying Suitable Businesses
We help clients locate companies that meet their specific goals, focusing on entities with strong operational histories and the required licenses.
Legal and Regulatory Assistance
Our experts guide clients through the unique legal and compliance frameworks of each market, ensuring a smooth acquisition process with minimal risk.
Valuation & Due Diligence
We conduct in-depth assessments of the target company’s financial and operational status, providing transparency and confidence in the acquisition.
Post-Acquisition Support
For clients who decide to divest, we offer comprehensive services to facilitate the sale of the company and transfer of licenses.
Frequently Asked Questions
What is the corporate tax rate in Curaçao?
Curaçao has a 22% corporate tax rate, which applies to most businesses, including iGaming companies.
Is there a VAT system in Curaçao?
Curaçao does not impose VAT. However, other indirect taxes, such as import duties, may apply depending on the business activity.
What legal structures are common for businesses in Curaçao?
The most common structures are the Private Limited Company (NV) and Public Limited Company (BV).
Does Curaçao have any residency requirements for directors?
Yes, Curaçao requires at least one local director, typically provided by a local service provider.
Are audited financial statements mandatory in Curaçao?
Yes, most companies must file audited financial statements, but the requirement depends on the size and type of the business.
Does Curaçao impose withholding taxes on dividends or royalties?
No, Curaçao does not impose withholding taxes on dividends, royalties, or interest payments, making it attractive for international investors.
What is the process for incorporating a company in Curaçao?
Incorporating a company involves drafting and filing the company’s articles of incorporation, appointing directors and registering with the Curaçao Chamber of Commerce.
Can I hold business meetings outside of Curaçao?
Yes, Curaçao allows for the flexibility of holding meetings abroad, but local representation and control may still be required for tax residency purposes.
Are there any tax incentives available in Curaçao?
Yes, Curaçao offers tax incentives for international businesses, including reduced rates for businesses that meet specific criteria
Does Curaçao have any double taxation agreements?
Yes, Curaçao has double taxation treaties with several countries, which help avoid double taxation on income.
Need assistance?
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