 
			
		Incorporate in Curaçao
Establishing a company in Curaçao
Curaçao has established itself as a competitive jurisdiction for international business, offering two primary corporate vehicles: the Besloten Vennootschap (B.V.) and the Naamloze Vennootschap (N.V.). Both entities offer limited liability and are formed with share capital, but they differ in terms of ownership structure, share transferability, governance, and regulatory considerations.
A key distinction lies in the scope of share issuance. B.V.s, which function similarly to private limited companies, cannot publicly offer their shares or list on stock exchanges. Share transfers are private and often require approval from existing shareholders, making B.V.s suitable for closely held businesses. In contrast, N.V.s are permitted to issue shares publicly and can be listed, offering flexibility for enterprises seeking broader capital access.
N.V.s allow a wider range of share types, including bearer shares and multiple classes with differing rights. B.V.s, while more restricted in share structuring, offer greater flexibility in internal governance. Their articles of association can grant shareholders direct authority over management or impose special decision-making conditions. B.V.s may even be structured to dissolve automatically upon shareholder events such as death or bankruptcy, an option less commonly used in N.V.s.
Both entities can be formed without a minimum capital requirement. A single share—issued at any nominal value—is sufficient for incorporation and need not be fully paid in at the outset. Full foreign ownership is allowed for both types, and shareholders and directors may be individuals or legal entities residing outside Curaçao. However, every company must appoint a local representative or resident director to ensure regulatory communication and compliance.
Curaçao operates a territorial tax regime, meaning only income derived from local sources is subject to corporate income tax. Foreign-source income is tax-exempt, provided the company meets substance requirements and can substantiate the geographic source of its economic activity. The tax authority uses a coefficient-based approach to apportion taxable income, comparing local and foreign operational expenses to determine the Curaçao-sourced portion.
To benefit from tax exemptions, businesses must demonstrate sufficient economic presence in Curaçao. For passive entities like holding companies, appointing a local director typically meets this requirement. Companies failing to meet substance standards may lose their tax-exempt status and face penalties.
Participation exemptions apply to dividends and capital gains from qualifying investments. These are fully exempt for local subsidiaries and partially or conditionally exempt for foreign holdings, depending on factors such as the passive nature of the investment and whether the underlying entity is taxed at a minimum effective rate of 10%.
Special tax treatment applies to investment companies meeting strict criteria, including exclusive investment activities, local management, annual audits, and appropriate substance. These entities may qualify for a 0% corporate tax rate, particularly relevant for asset managers and IP-holding firms.
Curaçao imposes no withholding tax on outbound dividends to non-residents. Companies must file provisional tax returns within three months of year-end and final returns within six months (or twelve with an extension). Annual financial statements are required within eight months. Mandatory audits apply only to N.V.s that exceed certain asset, revenue, or employee thresholds; B.V.s are exempt unless they choose otherwise.
Overall, both B.V.s and N.V.s provide robust, flexible frameworks for international business operations, supported by Curaçao’s tax efficiency and investor-friendly legal environment.
The foundational document package confirming the entity’s establishment and outlining its operational structure, includes:
- Deed of Incorporation and Articles of Association
- Official Registry Excerpt
- Register of Directors
- Share Transfer Agreement
- Share Register
- CRIB Certificate
Learn more about companies in Curaçao:
In Curaçao, we incorporate both private limited liability companies (BV) and public limited liability companies (NV).
Curaçao Company (BV/NV) Formation and First-Year Corporate Services – USD 4,800.00 (All Included)
Note that our incorporation and annual corporate service fees are “all-included fees”, and cover all the necessary services and disbursements to incorporate a Curacao Company, and keep it in good standing.
- All applicable Government and Registration Fees (Chamber of Commerce, Trade Registry)
- Preparing the Incorporation Deed and Articles of Association of the Company
- Acting as First Subscribers of the Articles of the Company;
- Executing the Incorporation Deed before Notary Public, inclusive of Notarial Fees
- Filing the Incorporation Deed with the Chamber of Commerce Register
- Providing Notarized Incorporation Deed and Articles of Association
- Providing Company Excerpt issued by the Trade Registry
- Preparing and executing Share Instrument for transferring Subscription Shares from the First Subscriber to the Shareholder
- Preparing First Board Meeting Minutes resolving the Appointment of Directors, Registered Office, and other Corporate Matters
- Preparing the Share Register
- Applying for and obtaining CRIB Number (Tax Identification Number)
- Applying for and obtaining the Business Permit
- Delivering the Corporate Documents via Courier, inclusive of Courier fees
Time to form the company
The incorporation of a Curaçao company typically takes 1–2 weeks. After receiving the necessary documents, the process begins with a trade name application and the drafting of the incorporation deed and articles of association. Once approved by the client, we execute the documents before a Curaçao civil law notary, acting as the initial subscriber to avoid the client needing to travel.
The incorporation deed and articles are then filed with the Trade Registry, which registers the company and issues the official excerpt. While the standard timeline is about one week, it may vary depending on Trade Registry processing times. After incorporation, a share transfer agreement is prepared to formally transfer ownership to the client, and the Share Register is produced accordingly.
Resident Person Services
All Curaçao companies need to appoint a legal representative or a local managing director who is a resident in Curacao.
Option 1) Resident Representative – USD 4,500 per annum
- Acting as the Legal Representative of the Company before Local Authorities and Local Banks
- Providing Registered Office Services, including business address, for one year
OR
Option 2) Resident Managing Director – USD 5,500 per annum
- Acting as the Managing Director of the company, and Legal Representative of the Company before Local Authorities and Local Banks;
- Signing Contracts of the company, as required
- Preparing and Executing Board Resolutions, as required
- Providing Registered Office Services, including business address, for one year
Nominee Services (Optional)
- Nominee Shareholder Services – USD 1,900.00 p.a.
Bank Account Opening Services (Optional)
We assist you in opening a bank account in Curaçao.
- 
		Curaçao Bank Account - USD $ 500.00Curaçao Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsBanco Di CaribeN/AYesUSDYesBanco di Caribe does not open non-resident corporate accounts at the moment.Exprinter International Bank N.V.USD 100,000NoMulticurrencyYesInternet Banking only for viewing the account, not for operatingUnited International BankN/AYesMulticurrencyYes
Note that we can also open overseas bank accounts for Curaçao companies in the following offshore jurisdictions:
- 
	Andorra Bank Account - USD $ 1,200.00Andorra Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsMORABANCUSD 500,000YesUSD, EUR, CHF, CAD, AUD, SEK, NOK, NZDYesPrivate Bank with focus on wealth management. If they open a corporate account for an active company, they would need that either the account has a substantial amount on the account, or that the UBO himself opens an account for wealth management.Credit Andorra (Creand)EUR 300,000NoEURYesMinimum Initial Deposit requirements for countries outside of the European Union is EUR 1,000,000 or equivalent.
- 
	Antigua Bank Account - USD $ 300.00Antigua Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsDBankUSD 10,000YesUSD, EURYesIn Euros they processes only via SEPA. In dollars at the moment only with correspondents in the US, through FEDWIRE (not ACH at the moment). Cash Secured Visa Credit Card available.Global Bank of CommerceUSD 25,000YesUSD, EUR, GBPYesCash Secured Visa Credit CardNorth International BankUSD 5,000YesUSD, EURYesUnionPay Cards work without inconvenience in the USA.
- 
	Armenia Bank Account - USD $ 1,200.00Armenia Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsOJSC UnibankUSD 50,000YesEUR, USD, RUB, AMDYesBusiness connection to Armenia is required. The annual outgoing turnover of the client should be at least 10 mln USD per year. The annual number of outgoing transfers should be at least 60 per year. Note that the banks considers smaller companies is well on case-by-case basis, but they could charges additional fees.
- 
	Bahamas Bank Account - USD $ 500.00Bahamas Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsCapital Union BankUSD 1,000,000NoUSDYesFamily Offices, Fund Managers and Asset Managers only.CIBC FirstCaribbean International BankUSD 100,000YesMulticurrencyYesOnly companies registered in the Bahamas. Economic substance required.CitibankUSD 10,000,000NoMulticurrencyYesPrimary focus with physical presence in Bahamas. Business interest in the Bahamas. The company needs to have been in existence for a minimum of 3 years.DeltecUSD 1,000,000YesMulticurrencyYesCredit Card available on a case by case basis.EFG BankUSD 1,000,000YesMulticurrencyYesRemote account opening is possible, but the bank will visit the client within first year after opening.Equity BankUSD 500,000YesUSD, EURYesPrepaid debit card available.
- 
	Belize Bank Account - USD $ 300.00Belize Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsBelize Bank InternationalUSD 4,000NoEUR, GBP, USDYesCaye BankUSD 1,000YesUSD, EUR, GBP, CAD, CHF, AUD, AED, CNY, SEK, NOKYesPrepaid Visa cards available.Heritage BankUSD 3,000YesMulticurrencyYes
- 
	BVI Bank Account - USD $ 900.00BVI Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsBVI Bank AccountUSD 20,000NoUSD, GBP, HKDYesBank of Asia does not onboard corporations who have a connection in US and Russia.VP BankUSD 500,000NoMulticurrencyYesVP Bank offers services to local BVI residents as well as international clients who have BVI companies, trusts or fund structures. It is primarily focused on financing, investment management, custodial and securities trading accounts. No Commercial Activity, only for asset management business.
- 
	Cayman Islands Bank Account - USD $ 900.00Cayman Islands Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsCayman National BankUSD 250,000YesUSD, EUR, GBP, CAD, AUD, JPY, SEK, CHFYesCIBC FirstCaribbean International BankUSD 25,000YesUSD, CAD, CHF, EUR, GBP, JPY, AUDYesNCB Cayman LimitedUSD 100,000YesUSD, EUR, CAD, GBP, AUD, MulticurrencyYesNCB Cayman Bank offers trading, private and investment bank accounts
- 
	Cook Islands Bank Account - USD $ 600.00Cook Islands Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsCapital Security BankUSD 250,000YesUSD, EUR, GBP, CAD, NZD, AUD, SGD, HKDYesClients can have a corporate account for operational purposes only if they open an investment account as well.
- 
	Cyprus Bank Account - USD $ 1,200.00Cyprus Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsBank of CyprusN/AYesMulticurrencyYesSupports large Cypriot and international groups, preferably operating from Cyprus and international companies in their expansion and operations in Cyprus.
- 
	Dominica Bank Account - USD $ 300.00Dominica Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsDominica Bank AccountUSD 15,000YesUSD, EUR, GBP, CHFYesEqiBankUSD 15,000YesUSD, EUR, GBPYesJetonbankN/ANoMulticurrencyYesSWIFT transactions are carried out only through a pool account in the name of the bank.Dominica Bank AccountN/ANoMulticurrencyYesThe Kingdom BankN/ANoEUR, USDYesSWIFT transactions are carried out only through a pool account in the name of the bank.
- 
	Gibraltar Bank Account - USD $ 1,200.00Gibraltar Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsGibraltar Bank AccountUSD 20,000YesUSD, EUR, GBPYesFor wealth management and brokerage accounts minimum relationships start from USD 250,000. Cards are dependent on jurisdictions.
- 
	Hong Kong Bank Account - USD $ 1,400.00Hong Kong Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsBank of ChinaHKD 100,000YesMulticurrencyNoA business nexus in Hong Kong is strictly required, in the form of clients, suppliers, employees or other counterparties.DBS BankHKD 200,000YesHKD, USD, MulticurrencyNoA business nexus in Hong Kong is strictly required, in the form of clients, suppliers, employees or other counterparties.
- 
	Isle of Man Bank Account - USD $ 1,200.00Isle of Man Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsIsle of Man Bank AccountN/ANoUSD, AUD, EUR, CZK, DKK, HUF, SGD, JPY, NOK, GBP, ZAR, ILS, NZD, PLN, CHF, SEK, CAD, BGNYes
- 
	Labuan Bank Account - USD $ 500.00Labuan Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsLabuan Bank AccountUSD 10,000NoUSD, JPY, SGD, EUR, GBPYesFor businesses operating offshore or non-resident companies seeking to establish corporate banking relationships in Labuan, we collaborate with a mid-size financial institution renowned for its expertise in serving international clientele. With decades of industry experience, this bank has positioned itself as a key player in supporting global businesses across a variety of sectors. This bank welcomes companies incorporated in numerous offshore jurisdictions without the stricter requirements, such as business nexus in the South Asia - East Asia regions, unlike larger institutions within Labuan. Catering to a diverse range of industries, the bank is well-versed in supporting investment and asset holding companies, as well as businesses engaged in sectors such as trade, professional services, e-commerce, among others. Whether you operate in consultancy, marketing or international trade, this bank offers tailored services to meet your corporate banking needs. Their corporate accounts are available in various major currencies, such as USD, JPY, SGD, EUR and GBP and the bank supports SWIFT transactions. Transactions will be carried out with the assistance of a dedicated personal relationship manager. In addition to traditional banking services, the bank also offers Islamic banking options, including Shariah-compliant investment products and Islamic trade financing solutions. Minimum relationships start from USD 10,000. The account opening process can be handled entirely remotely, eliminating the need for travel to Labuan. We will guide you through the preparation of the necessary KYC documentation and provide comprehensive support to ensure a seamless and efficient bank account application process. If you are interested in opening a corporate bank account in Labuan, contact us today to assess your eligibility and initiate the account opening process!CitibankUSD 250,000NoMulticurrencyYesMayBank International Labuan BranchUSD 25,000NoUSD, EUR, CAD, CHF, GBP, HKD, SGD, JPY, THB, AEDYesThey focus more on Labuan incorporated entities.
- 
	Liechtenstein Bank Account - USD $ 1,200.00Liechtenstein Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsBendura BankUSD 500,000NoMulticurrencyYesEvery active NFE needs to have a substance.
- 
	Mauritius Bank Account - USD $ 600.00Mauritius Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsBank OneUSD 50,000NoMulticurrencyYesInvestecUSD 50,000YesMulticurrencyYes
- 
	Nevis Bank Account - USD $ 300.00Nevis Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsBONIUSD 20,000NoUSD, EUR, GBPYesHamilton Reserve BankUSD 100,000NoUSD, EUR, GBP, CHF, AUD, CAD, AED, JPY, SGD, HKDYesNevis Bank AccountUSD 25,000NoMulticurrencyYesNevis Bank AccountUSD 10,000NoUSDYes
- 
	Panama Bank Account - USD $ 1,200.00Panama Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsPanama Bank AccountUSD 50,000YesUSD, EUR, CADYesPanama Bank AccountUSD 10,000YesUSD, EUR, CHF, GBP, CADYesPanama Bank AccountUSD 1,000NoUSDYesAccounts can be opened remotely on case-by-case basis.
- 
	Puerto Rico Bank Account - USD $ 300.00Puerto Rico Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsPuerto Rico Bank AccountN/ANoMulticurrencyYesCB International Bank LLCN/AYesUSD, HKD, AUD, CAD, CHF, CNY, DKK, EUR, GBP, JPY, NOK, NZD, SEK, SGD, TRL, XAF, ZARYesUnionpay Merchant service for clients.Elite International BankUSD 25,000NoUSDYesTheir main focus is on commercial type, trade finance.Medici BankUSD 10,000NoMulticurrencyYesStrategic BankUSD 150,000NoUSDYes
- 
	Saint Lucia Bank Account - USD $ 300.00Saint Lucia Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsPROVEN BANK (Former BOSLIL)USD 5,000YesUSD, EUR, GBP, HKD, Multicurrency, CAD, CHF, AED, AUD, NZD, NOK, SEK, THB, JPY, ZARYes
- 
	Seychelles Bank Account - USD $ 500.00Seychelles Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsAl SalamUSD 25,000NoUSDYesInternet banking is in view mode only, all transactions are carried out via email or by phone.
- 
	Singapore Bank Account - USD $ 900.00Singapore Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsBank of ChinaSGD 100,000NoUSD, SGD, EUR, GBP, NZD, RMB, AUD, JPY, HKD, CHF, CADYesNexus in the form of client/supplier/partner/contractor in Singapore required.Credit SuisseUSD 3,000,000NoUSD, SGDYesDBS BankSGD 250,000NoMulticurrencyNoNexus in the form of client/supplier/partner/contractor in Singapore required.HSBCSGD/USD 30,000NoSGD, AUD, CAD, RMB, EUR, HKD, JPY, NZD, GBP, USDYesNexus in the form of client/supplier/partner/contractor in Singapore required.RHBSGD/USD 30,000NoMulticurrencyYesNexus in the form of client/supplier/partner/contractor in Singapore required.OCBC BankUSD 30,000NoUSD, SGD, AUD, CAD, HKD, NZD, GBP, EUR, JPY, CHFYesNexus in the form of client/supplier/partner/contractor in Singapore required.UOB BankSGD 250,000NoMulticurrencyYesNexus in the form of client/supplier/partner/contractor in Singapore required.
- 
	Switzerland Bank Account - USD $ 1,200.00Switzerland Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsAmina BankCHF 500,000YesEUR, GBP, CHF, CAD, AUD, JPY, SGD, PLN, HKD, NOK, SEK, ILS, MXN, DKK, TRL, NZD, AEDYesAmina Bank does not open accounts with a pure transactional business nexus.Credit SuisseCHF 1,000,000YesMulticurrencyYesMaerki BaumannCHF 500,000YesMulticurrencyYesmBaer BankCHF 5,000YesMulticurrencyYesCompanies must have an expected turnover of at least CHF 3,000,000.SygnumCHF 3,000,000YesMulticurrencyYesDeposit must be maintained in crypto assets held through the bank's custody services. Minimum Average Balance for high risk jurisdictions should be 1-2Mio CHF.
- 
	USA Bank Account - USD $ 1,400.00USA Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsUSA Bank AccountUSD 100,000NoUSDYesmin deposit USD 100k and more AND/OR with revenues of USD 1MUSA Bank Accountfrom 10,000 but preferred 250K-300KYesUSD, MulticurrencyYesThey tend to focus more on technology/startup companies that are focused on growing and scaling through future equity raises and subsequent debt facilities.USA Bank AccountUSD 5,000YesUSDYesDebit cards can be delivered to overseas address, however, credit card could ONLY be delivered to a USA physical address (non-PO box).Metropolitan Commercial BankTypically USD 25,000 - USD 50,000, for high risk USD 500,000YesUSDYesAt least one US based signatory is required. Purpose to open an account in US is required.USA Bank AccountN/A (USD 250,000 preferred)NoUSDYes
- 
	Vanuatu Bank Account - USD $ 500.00Vanuatu Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsPacific Private Bank1,500 EURNoEUR, GBP, USDYesOutgoing USD transactions cannot be facilitated.
- 
	EMI Account - USD $ 300.00EMI AccountsEMIMin DepositCardsCurrenciesRemoteDNBC (CA) (former DSBC)N/ANoEUR, CAD, GBP, CHF, HKDYesSepagaN/AYesMulticurrencyYesAirwallexN/AYesMulticurrencyYesCurrenxieN/AYesMulticurrencyYesStatrysN/AYesMulticurrencyYesCollect & PayDepending on category.NoMulticurrencyYesBankeraN/AYesEURYesConnect PayN/AYesMulticurrencyYesDNBC (former DSBC)N/ANoEUR, CAD, GBP, CHF, HKDYesGurupayN/ANoEURYesIBSettleN/ANoEURYesMistertangoN/AYesEURYesNEXPAYN/ANoMulticurrencyYesPayswixN/ANoMulticurrencyYesSettleDeskN/ANoEURYesValyuzN/ANoEUR, USD, GBP, SEK, JPY, HKDYesVerifoN/ANoEURYesVialetN/AYesEURYes3SMoneyN/ANoMulticurrencyYesAspireN/AYesSGD, USDYesWorldfirstN/ANoMulticurrencyYesBilderlingsN/AYesEUR, GBPYesBVNKN/ANoMulticurrencyYesEQUALS MoneyN/AYesMulticurrencyYesIFXN/ANoMulticurrencyYesInterpolitan MoneyDepending on category.NoEUR, GBPYesMontifyN/ANoMulticurrencyYesMultiPassN/ANoEUR, USD, GBPYesPaysetN/ANoMulticurrencyYesTRANSFERRAN/AYesMulticurrencyYesXaceN/AYesMulticurrencyYes
Our bank account opening service is not just a mere introduction to the bank. We assist you in filling out the business plan forms appropriately and help you understand and provide business details, commercial information, and purpose/use of the bank account that a given bank wants to know in order to approve your account application.
Banks want certainty and clarity on how the account will be used. Everything must be watertight. We will work with you to make sure there is minimal ‘back and forth’ and a smooth account opening process.
Curacao Company Annual Compliance Services and Government Fees – USD 2,450.00 (payable on January-February, annually)
- Annual Chamber of Commerce Fees
- Annual Central Bank Supervision Fee per Serviced Company
- Annual Compliance Regulatory Review
- Preparing Proxy, holding annual general meeting (AGM) on behalf of the shareholder(s), preparing AGM Meeting Minutes and related documentation, and approval and execution of Financial Statements
- Preparing and submitting Tax Return to the Tax authorities.
Other Services (Optional)
- Assistance with obtaining a Gambling Operator Authorization from a Gambling Master Licensor at no additional cost
- Assistance with obtaining financial accounts and merchant accounts for Gambling Operators
- Obtaining Investment Institution Status
- Economic Substance Services (Physical Office, Outsourcing, etc.)
- Accounting Services
Please, contact us for further information.
