The Caribbean island of Aruba, off the coast of Venezuela, is a separate country within the Kingdom of the Netherlands with its own currency, the Aruban florin (although the US dollar is also widely accepted). Its legal system is based on Dutch law.
Aruba's economy was long dominated by the oil refinery business, whereas today tourism is the largest sector. Aruba, along with the other islands of the former Netherlands Antilles, has for many years served as a base for companies, banks and funds, but the focus is currently on manufacturing companies serving markets in the EU and the Americas. Today, Aruba’s fiscal and regulatory framework complies fully with the regulations set by the Organisation for Economic Cooperation and Development (OECD). What sets Aruba apart from other Caribbean jurisdictions is that, as a constituent of the Kingdom of the Netherlands, it benefits from all tax and investment treaties signed by the Netherlands.
- Separate (non-EU) country within Kingdom of the Netherlands
- Well-developed financial sector
- OECD compliant, business-friendly regulatory environment
- Favourable time zone for dealings with US and Latin American markets
- Around 90 bilateral investment treaties (BITs)
United in Aruba
When it comes to doing financial business in Aruba, United possesses unrivalled expertise in its founder Gregory Elias. Earlier, in his capacity as Special Council in matters of international finance and tax to the Netherlands Antilles government, he helped shape the reforms that onshored this market. We offer our full range of corporate, investment industry and private wealth services in Aruba, working seamlessly with any local service providers needed to create and monitor your tailored solution.
Find out what United can do for you
United offers a comprehensive range of corporate, finance and trust services to the international market. Our dedicated, experienced, and multi-lingual teams operate directly from within the local financial communities in which they are based.
United Trust Management (Aruba) UTM N.V.
Italiëstraat 30, Arulex Center
Tel. +297 583 3878 Fax +297 583 2363