Want to setup a company? This will tell you about tax laws in Curacao, this article will educate you on the tax laws for a LLC which is the most common legal entity in Curacao.
CW does not imposes a tax on income from outside the country independently then it it was derived locally. Theestablished approximate percentage for income earned abroad, from our research, and these things do change, is 0%. Curacao doesn't have major incentives to bring in foreign earned profits from outside the country. Taxes are quite low in Curacao as the rate which LLC will pay tax is 25%. This ranks Curacao as 98th overall in terms of CIT globally. . .
The valued added tax rate in Curacao is 5.00%, that ranks Curacao as 98th overall in terms of VAT globally.
Thin capitalisation restrictions are in play. Thin capitalisation refers to any type of requirements on companies' debt-to-asset ratios. A dividend is distributions of an earnings of the legal entity, established by the board of directors, to a particular class of shareholders.Dividends can be issued as stock, cash, or property. The capital gains rate in CWis 0%. A capital gains tax is levied on the profits that a corporation or natural person realizes when they sell sells a capital asset for a price that is higher than the purchase price.
The interest witholding rate is estimated at 0This means that the relevant tax authorities expects to pay tax on at least 0 of payments abroad on interest payments. The dividends witholding rate is 0Which means that the relevant tax authorities expects companies to pay tax on at least 0 of money remitted abroad for dividend payments. The royalties witholding rate 0 Which means that the relevant tax authorities expects to pay tax on at least 0 of money remitted abroad for royalty payments.
There is no known tax on wealth in Curacao. There are inheritance taxes in CW placed on an estate. We are not aware of any widely used research and development breaks on taxation in CW.
The above is not tax or legal advice for your company's situation. Incorporations.io can to reference you to an accountantin Curacao who can properly advise you. Want to work together? Click the free consultation button above.
It takes approximately - hours to file and prepare documents for a Curacao Civil Law (Dutch).
The corporate tax is approximately 25% which is 98 in the world.
Owners of a company in Curacao are not allowed to carry back a loss and may be allowed to carry forward a loss for 10 years.
The vat rate in Curacao is 5% which ranks 23 in the world.
Thin capitalization rules are not in effect.
A corporate director is permitted, meaning this country is a good option if you are setting up a structure where you want to protect director liability.
The directors are not disclosed in the public registry of Curacao, Curacao Chamber of Commerce and Industry. Shareholders are not disclosed in the Curacao Chamber of Commerce and Industry.
Typically companies take 2 weeks to setup and there are 1 director(s) required and 1 shareholder(s) required at the time of incorporation.
Overall we think Curacao is a good option and have given it a score of 76 as an IO score, using the Incorporations.IO proprietary formula.
We can help you form a company in Curacao. Click the button above for a no-obligation quote. We will provide you with all the necessary documents to open a bank account as well as a registered office in Curacao, which is required by law.
We can help you with your incorporations needs for an initial payment of just $1000.
Easy Step by Step Process:
The standard process typically takes between two (2) to three (3) weeks depending on when we receive all the required information from you. Once we receive your information, we will email you a complete set of documents for your review within 3 working days upon confirmation of payment. After executing the documents, you will need to mail them to us and we will formally submit your application for filing with the Registry. The Registry will then take about 3-8 working days to process the incorporation and produce certificates necessary for opening your bank account.
Applying for Your Bank Accounts:
Incorporations.IO maintains close working relationship within our extensive network of partner banks to help you apply for and receive banking services that are most appropriate to your specific situation. From the time of verification of incorporation it can take (1) one week to (2) two weeks to apply for and receive a bank account. We work primarily with banks that allow for remotely opened accounts to ensure you are ready to do business as soon as possible.
Applying for Payment Processing:
We include introductions to payment processors or merchant accounts with all of our incorporation services. Whether you just need standard credit card processing or specialized services for high risk processing, we have partners that can assist you and are happy to help you with introductions that can empower your business.
Start Online or via Phone:
We can get started for you whenever you are ready via a US$1000 initial payment via credit card. I get notified whenever a payment is made here and would send out the welcome letter and initial forms we would need within 12 hours. If you prefer, we can also process via a phone or Skype call.