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April 2022 Newsletter

CATC April Newsletter Below are some highlights for this month. Profit Tax Companies in Aruba are required to comply with the annual filing of their respective profit tax return. This return should be filed within five (5) months after the end of the financial year. Companies having their financial year ending on 31 December 2021, [...]

2022-04-28T15:51:51-04:00April 28th, 2022|

March 2022 Newsletter

CATC March Newsletter Below are some highlights for this month.  Companies in Aruba are required to comply with the annual filing of their respective profit tax return. This return should be filed within five (5) months after the end of the financial year. Companies having their financial year ending on 31 December 2021, would [...]

2022-03-28T15:27:44-04:00March 28th, 2022|

January 2022 Newsletter

January Newsletter Below are some highlights for this month.   Management change of CATC-HCC CATC-HCC wants to serve its customers even better after reorganization. CATC-HCC announced a change in the company name and management of its offices in Aruba and St. Maarten, effective January 1, 2022. The daily management of the Aruban office will be in [...]

2022-01-28T15:20:54-04:00January 28th, 2022|

Management change of CATC-HCC

CATC-HCC wants to serve its customers even better after reorganization. CATC-HCC announced a change in the company name and management of its offices in Aruba and St. Maarten, effective January 1, 2022. The daily management of the Aruban office will be in the hands of Robin Roossien, Mireille de Miranda, and Reint Roossien. Norman Henriquez [...]

2022-01-10T16:07:10-04:00January 10th, 2022|

Social Insurance Bank of Aruba Update

As announced by the Social Insurance Bank of Aruba (SVb), from January 1, 2022, onwards the Director-Majority shareholder (DGA) is no longer considered an employee with regards to the health insurance and the Cessantia Regulation (employee insurances) and thus cannot claim any rights to any sickness or accident benefits for the duration of incapacity for [...]

2021-12-06T09:45:23-04:00December 6th, 2021|

Important changes to the Labor Law as per September 1, 2021

As of September 1, 2021, some important changes have been made to the Labor Law. All changes (articles) can be found in the New Civil Code of Aruba (‘Nieuw Burgerlijk Wetboek van Aruba’) – book 7, Art. 610 – 691. Below are some highlights that are directly related to payroll: Art 613: The employer can [...]

2021-09-23T09:02:29-04:00September 7th, 2021|

April 2021 Newsletter

*|MC:SUBJECT|* *|MC_PREVIEW_TEXT|* CATC-HCC Newsletter * April 2021 * Below are some highlights for this month. If this newsletter was shared to you, and you would like to receive it to your inbox, please subscribe here. Feedback Share Share Tweet Forward Aruba is one of the most tax-friendly jurisdictions in the world Are you considering Aruba [...]

2021-04-15T10:12:50-04:00April 15th, 2021|

Are you considering Aruba for relocating and/or investment purposes?

Aruba is one of the most tax-friendly jurisdictions in the world. Aruba does not have an inheritance/gift tax: This implies that a resident of Aruba can donate his/her fortune to his/her heirs without paying taxes on Aruba However, there might be other countries where the inheritance taxes are due. Please consult with one of our [...]

2021-02-28T13:03:20-04:00March 1st, 2021|

Prepare to Save Money in 2021 – No Surprises

*|MC:SUBJECT|* *|MC_PREVIEW_TEXT|* CATC-HCC Newsletter February 2021 Below are some highlights for this month. If this newsletter was shared to you, and you would like to receive it to your inbox, please subscribe here. Feedback Share Share Tweet Forward 2021 is the Money Saving Year! Get your quotes for 2021 in Accounting, Payroll, Tax & Legal. [...]

2021-02-28T13:22:49-04:00February 28th, 2021|

Mandatory Direct Investment Reporting to Central Bank of Aruba

There is a requirement from the Central Bank of Aruba (CBA) relating to the mandatory direct investment report (DIR). The direct investment Report 2019 should be reported at the latest on February 19, 2021.  The Direct Investments to be reported, refer to both outward and inward direct investments.   Besides the mandatory direct investment reports, it is also mandatory for Aruban companies to report amongst others:   [...]

2021-02-20T21:05:10-04:00February 19th, 2021|