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Aruba Business Information

 

Background

Companies that operate in the export business of goods and services can enhance their competitive edge by choosing the free zone status. A free zone company in Aruba enjoys three major financial benefits:

  • 2% tax over all profits generated from free zone activities
  • 0% import duties on goods imported and exported through the free zone
  • 0% turnover tax over the turnover generated from free zone activities
  • Exemption from foreign exchange commission on foreign currency payments

Other Benefits
  • No local partner is required to establish a free zone company (full foreign ownership)
  • No import duties on equipment and machinery acquired for company use
  • A US dollar account can be maintained ensuring efficiency in payments
  • Retail sales to tourists, local sales possible*
  • No minimum investment capital required to start up a business in the free zone
  • Custom clearance office located at the main gate of the free zones
  • Modern control mechanism and clear regulations
  • Flexible construction possibilities
  • 24-hour security
  • The free zones are located at short distance from the harbor and airport

 

 

Aruba Quickstats

  • Population: 100,018
  • Area: 193 sq km
  • Density: 571 /km² (18th)
  • GDP (total): $3.079 billion (182nd)
  • GDP (per capita): $23,299 (32nd)
  • Literacy: 97.3%

Languages of Aruba

Useful to know

  • Currency: Aruban florin (AWG2)
  • Dial code: +297

International Trade

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