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As a result of last years response, the Aruba Financial
Center plans on having another PAO-course about the limited liability company
(VBA) during the latter part of 2009. As you may know, a presentation was held in
oktober 2008 by prof. mr. Wino van Veen with assistance of mr. Benno Oldenhof
in anticipation of the introduction of the VBA on the 1st of January of this
year. We are also planning other PAO-courses and will keep you informed via
this site and through your umbrella organizations on the dates and topics of
such presentations.
As you may have noticed, the year 2009 brought some big
additions and changes to the Aruban legislation regarding the financial
services. On of those changes was the amendment of the MOT/LIF
legislation on the 2nd of February 2009 to expand the reporters to the
MOT. Also on
this date the State Ordinance on the Supervision of Company Service Providers
(landsverordening Toezicht Trustkantoren) was introduced thus all company
service providers in Aruba (a.k.a. trust companies) now report to the Central
Bank of Aruba.
On another note. The Aruba Financial Center together with
the Aruba Investment Bank, the Aruban Association of Tax Consultants, Aruba
Bankers Association, Central Bank of Aruba, Tax Department, Department of
Education, Finance Department, Aruba Insurance Association, the Bar, Chamber of
Commerce and ATIA form part of the International Financial Center (
IFC) committee. This committee was been established
as part of the ‘Nos Aruba 2025’ project.
Aspiration of this committee is building a new pilar for the
Aruban economy: a well-known and respected International Financial Center with
(highly) educated people, an advanced infrastructure, including a state of the
art supervisory regime that meets international standards, a superb service level
and a friendly tax regime with full transparency as well as a regulatory regime
that meets international standards.
The committee will present itself to the press and public on
the day this site is launched, the 3th of July 2009.
For information about linking to our website you can
contact us here.
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