Development as a Midshore Center

Transparency is the motto for Curaçao to acquire a new reputation as an attractive financial and fiscal midshore service center. As keynote speaker at the STEP conference in Curaçao, the former Dutch Finance Minister Jan Kees de Jager said that the development of a favorable tax regime must be determined to meet the requirements of transparency, having substance and preventing harmful tax competition. De Jager, now CFO of the telecom company KPN, listed a range of benefits on which Curaçao can rely. The discussions at this conference were boosted by a review of the midshore position paper by professionals from PWC, KPMG Meijburg, Ernst & Young and Deloitte to further explain the term “midshore” and how to make it work.