Category Archives: Law

Law

Employment Law During A Crisis – What can and should employers do when it comes to changes in employment conditions?

Posted on by CBM
21
Jul

As we all know, end of March 2020, employers in Curaçao were confronted, just like many other employers worldwide, with the fact that they needed to close their business temporarily due to the government imposed measures related to the COVID-19 pandemic. Thus, employers knew they would not be generating income, while the (vast majority of […]

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Curacao Business, Law

Meetings and decision-making during the coronavirus crisis

Posted on by CBM
03
Jul

Updated as per 30 March 2020 Decision-making should be the “fruit of consultation”, as the Supreme Court determined in 1969. In principle, this rule refers to the decision-making of all legal entities and applies both in the European and Caribbean part of the Kingdom of the Netherlands. Such consultation customarily takes place during a meeting […]

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Chamber of Commerce, Featured, International Business, Law

Curaçao and the Caribbean Basin Trade Partnership Act

Posted on by CBM
17
Dec

In cooperation with the Curaçao Chamber of Commerce and the Ministry of Economical Development, the U.S. Consulate General in Curaçao organized an information session on September 12th, 2019 regarding the U.S. Trade Preference Program. The presentation was given by Magaly Garcia, Regional Director of the Office of the U.S. Trade Representative. She visited Curaçao on […]

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Chamber of Commerce, Education, International Business, Law

Sole Proprietorship versus Besloten Vennootschap (B.V.)

Posted on by CBM
01
Nov

As a starting entrepreneur, you may face the issue of whether to start out as a sole proprietorship or a private limited liability company, a Besloten Vennootschap (B.V.). Even if you are already operating a business, it is still wise to evaluate whether your current form of business is the right one and whether it […]

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Law

Captive Insurance company law in force with retroactive effect

Posted on by CBM
31
Oct

The government has officially announced that the bill for captive insurance companies has gone into effect, which will be retroactive to January 1, 2013. This law is considered an important tool to continue supporting the international financial services on Curacao, which, in spite of the many obstacles put in its way, still has significant economic […]

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