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September 2019 Newsletter

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September 2019 Newsletter

Read on to learn more about this month’s special news and updates happening at CATC-HCC.

1 year anniversary CATC-HCC

It has been a prosperous year for the CATC-HCC joint venture between HCC and CATC.

We have everyone to thank for our continued success and value.

Paul VandormaelNew Corporate Finance and Audit Department

Paul Vandormael joins CATC-HCC as Managing Partner of the new Corporate Finance and Audit department. Watch for updates about services offered.

Want to sell or rearrange the ownership of your company?

Do you know the value of your company in case an interested party passes by who shows interest in buying or participating in your company? Do you want to rearrange the share capital of your company with your family members or with allied parties of your company? Let our new department Corporate Finance & Audit make a business valuation. This business valuation is directional for the sales price of your company or for the rearrangement of the interests in the company. In the case of a sale of a company, the Corporate Finance & Audit department can also mediate in bringing the seller and potential buyers together. CATC-HCC has an extensive database of potential interested parties for your business and a successful track record in selling companies. Confidentiality is guaranteed. Do you want to make an appointment for more information? Send an email to info@catc-hcc.com or call 527-5500.

Need a business loan?

Do you want your company to expand its business? Let our financial experts from the new department ‘Corporate Finance & Audit’ do all the preparations to request a loan at the bank for your expansion. The department Corporate Finance & Audit also offers mediation services with the banks. We have excellent relations with local banks and a successful track record of arranging loans for local and international companies. If interested, feel free to send an email to info@catc-hcc.com or call 527-5500.

15th

Do you know what happens on the 15th of each month?

That’s right! Multiple filings are due for Aruba businesses from the previous month’s activities. As we near the 15th of the month, it’s time to gather all of the necessary records for the previous month. Please send them to CATC-HCC early to allow for accurate and timely filing for your business. Here is a shortlist of required monthly filings:

  • BBO/BAZV/BAVP
  • Wage Tax
  • Tourist Levy

Please call or email our office with any questions at 527-5500 and info@catc-hcc.com.

Avoid the maximum penalty of AWG 10,000!

Have you filed your Corporate Income Tax Return? The deadline for filing and paying of the 2018 final Profit Tax (PT) return is December 2, 2019. For companies of which the financial year coincides with the calendar year, January 1 through December 31, the deadline for the filing and payment of the PT return is the last day of the fifth month after the end of the calendar year, which is May 31. Thankfully, a filing extension is automatically granted for six months (in this case December 2) to file the final PT return if a preliminary PT return is filed and the tax due is paid.

Contact CATC-HCC to arrange an appointment. We can be reached by phone or email for your convenience, 527-5500, and info@catc-hcc.com.

catcmin2019-09-09T15:00:19-04:00September 9th, 2019|

CATC-HCC Contact

Oranjestad, Aruba

J.E. Irausquin Boulevard 20-A

Phone +297-527-5500

Fax +297-527-5555

info@catc-hcc.com

Kralendijk, Bonaire

Kaya Irlanda 15

Phone +599-717-6530

Fax +599-717-4199

info@catcbonaire.com


Willemstad, Curaçao

Green Apple

Dr. M. J. Hugenholtzweg 25

Phone +599-9-521-4228

info@catc-hcc.com

Philipsburg, St. Maarten

Frontstreet 49

Phone +1-721-542-2481

Fax +1-721-542-5170

info@catc-hcc.com

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