Curaçao is an island located in the Caribbean region, which hosts a large professional financial services industry.
Curaçao is an independent part of the Kingdom of the Netherlands with its respected judicial system, also allowing Curaçao to benefit from many Bilateral Investment Treaties concluded by the Netherlands.
Curaçao as attractive location for investment funds
The Curaçao civil law legal system allows for many different legal entities to be used as an investment structure.
One of the available legal forms is the “Curaçao investment company”, which is subject to 0% profit tax if it meets the Curaçao substance tests and its statutory objective and factual activities are limited to financing and investment (including in cryptocurrencies) and it meets certain organizational requirements. Also “tax transparent” legal forms are available in Curaçao.
A Curaçao fund license is not required when the investment fund is only offered to “professional parties”. In this category any investor must at least make a minimum initial subscription of US$ 100,000 and the investment institution needs to apply for an exemption (through an online portal) to the Curaçao supervisor, the Central Bank of Curaçao and Sint Maarten.
Connection with Europe
It is possible to combine the flexibility and tax efficiency of a Curaçao investment fund with the possibility of marketing in the Netherlands under the EU AIFMD registration regime, provided a Netherlands fund manager is appointed which has registered with the Netherlands supervisor Authority for the Financial Markets. This registration of the fund manager may be effected (through an online portal) within two weeks, involving supervisory fees of Euro 4,400.
FOR MORE INFORMATION CONTACT:
Frank Lammers
PYGG, Willemstad, Curaçao
frank.lammers@pygg.cw
Alexander Filius
Bartolus Attorneys-at-law, Amsterdam, The Netherlands
alexander.filius@bartolus.nl
