Professionalising the Family Business: Moving to the Next Level

Family businesses are important to the economy of Curaçao. They represent a large part of Curaçao business, which makes them an essential part of our economy. Through the years, the family business model has proven that it is usually less affected by economic unrest than non-family owned businesses, as they take fewer risks and are […]

New Customary Salary Rules

As of January 1st, 2015, Customary Salary Rules (in Dutch: gebruikelijkloonregeling) apply to an individual who works for a company in which he holds a so-called substantial interest. Someone holds a substantial interest, for example, if he holds (in)directly at least 5% of the issued capital, either solely or with his partner. Customary Salary Rules […]

Enormous Growth Potential for Local Diving Industry

The dive sector is currently flourishing, yet Curaçao can benefit much more from this industry than it is currently. A recent study commissioned by the private association CHATA shows that the diving sector contributed US$ 21.3 million to the island’s economy. On average, a diver spends about $300 a day for accommodation, diving equipment, food, […]

SOAB Celebrates 20th Anniversary with a Symposium: Building Strong Foundations

To celebrate its 20th anniversary, the independently operated Government Accountant Bureau, SOAB, wanted to give back to all the government entities with which it has been working since it came into existence in 1994. \ TEXT FRANS HEILIGERS Thus, SOAB’s Corporate University set up a symposium with the central theme: “Building strong foundations based on […]

Rise to the Top feature story: Family Gonçalves from Mangusa Supermarkets

This issue’s “Rise to the Top” feature story is about the family that founded Mangusa Supermarkets. Curacao Business magazine had the honor of speaking with Belmira Sousa de Lira, the matriarch of the family and the woman who worked behind the scenes in genesis of the Mangusa supermarkets that we know so well today. However, […]

Hotelkamerbelasting ingevoerd

Het Curaçao Tourist Bureau heeft een kamerverkoopbelasting ingevoerd met een percentage van 7 procent. De regering heeft de Omzetbelasting gewijzigd om de kamerbelasting af te schaffen. Verwacht wordt dat deze wijziging zal worden ingevoerd op 1 januari 2014. Men hoopt dat deze wijziging de betalingsverplichtingen enigszins vereenvoudigt, omdat er alleen verkoopbelasting moet worden betaald. Hotels […]