INTERNATIONAL FINANCIAL SERVICES IN THE NETHERLANDS ANTILLES
The Netherlands Antilles has high quality service providers
International financial services form an important pillar of the economy of the Netherlands Antilles. Other important sources of income include tourism, oil refining and shipping. The financial sector is supported by a number of international banks offering a wide scale of services. All of the larger international audit firms are represented in the Netherlands Antilles.
Curacao has an active representative interest group called the Curacao International Financial Services Association (‘CIFA‘). CIFA consist of all market participants, including funds, administrators, corporate service providers, lawyers, tax advisers, auditors, notaries, banks and other financial institutions. Furthermore, in relation to the fund industry, Curacao has its own interest group, called the Funds Platform.
Especially Curacao plays a dominant role in the funds administrator industry. For some reason, it appears that the advantages of establishing funds in the Netherlands Antilles is relatively unknown in the offshore fund industry. Given its past experience and the renewed focus of the jurisdiction recognizing the importance of being a leading financial services centre, including for the (hedge) fund industry, there are more opportunities than dangers for the future!
Karel Frielink
Attorney (Lawyer) / Partner
My company is Lucgaz Holding Incorporate .I like to find out What are the procedures to set a Business account in Curacao for our company.
Respectfully Yours
Luc Gayot Director
Thank you Luc for your response. What exactly do you mean by a ‘business account’? What is the nature of your business?
Kind regards,
Karel Frielink