Aruba exits FATF follow-up process

March 5th, 2014

Aruba exits FATF follow-up process In 2009, Aruba’s anti-money laundering/countering the financing of terrorism (AML/CFT) system was subject to a mutual evaluation by the Financial Action Task Force (FATF). The mutual evaluation report (MER) was adopted by the FATF in October 2009. The MER showed a low level of compliance with the FATF Recommendations. In […]

Information on FATCA legislation

October 19th, 2013

The Foreign Account Tax Compliance Act (“FATCA”), is a U.S. law that will enter into force on July 1, 2014. The financial reporting requirements FATCA imposes may affect the business of the Entity and the services that IMC International Management & Trust Company N.V.  (“IMC”) currently provides to the Entity, the details of which we […]


January 18th, 2009

Limited Liability Company Vennootschap met Beperkte Aansprakelijkheid (‘VBA’) As of January 1st, 2009, Aruba introduced a new Legal form called the Vennootschap met Beperkte Aansprakelijkheid (VBA), in English the Limited Liability Company (LLC) and in Spanish Sociedad de Responsabilidad Limitada (SRL), next to the existing entities NV and AVV. The VBA is a legal entity […]