Costs for using the E-zone or profit tax exemption
A substance requirement applies to both the E-zone regulations and the profit tax exemption. An appropriate number of full-time employees will have to be employed and annual, local operating costs will have to be incurred. The establishment costs of course vary depending on the nature and size of the company. Costs that should be considered are:
- Incorporation expenses (Curaçao company, articles of association, Chamber of Commerce, business permit, bank);
- Costs for drawing up financial statements and declarations;
- Any costs for management;
- Rent and energy;
- IT infrastructure;
- Staff costs.
E-zone or profit tax exemption for your company?
Generally, you can assume that with an expected profit of at least € 150,000 establishment in the E-zone or via the Export facility can be interesting. The costs to be incurred are then often lower than the tax benefit. For a calculation for your company including personal advice, you can contact us without obligation.
Cost indication for establishment in Curaçao
One-time costs for setting up a structure (excluding notary fees) are approximately € 7,500.
Annual costs are approximately:
|Financial statements per entity||€ 3,500||€3,500|
|Management per entity *)||€ 2,500||€ 2,500|
|Rent for office space||€ 7,000||€ 3,000|
|Tax returns per entity||€ 500||€ 500|
|Application for E-zone permit||€ 1,750|
|€ 15,250 More info E-zone||€ 9,500 More info|
*) These costs concern the minimum reimbursement including the domicile granting and
annual meeting. Not included are other administrative-legal hours. If desired, a customized management contract can be concluded.
These are average costs for both schemes. The costs may differ depending on the nature of the entity. Additional costs, for example for administration and IT, are offered on request.