NA BV

General

The Netherlands Antilles BV is a very versatile vehicle in international tax and estate planning. Recently introduced alongside new legislation in the Netherlands Antilles, this limited liability company is an attractive new addition to an already existing favorable fiscal framework.

Advantages of the NABV include:

    - Formation is quick and relatively informal
    - The deed of incorporation can be in any language
    - No minimum capital requirements
    - Management arrangements can be made similar to common law models
    - An NABV can be converted into an NV and vice-versa, or they may merge

Formation

The Deed of Incorporation must be signed in the presence of a Civil Law notary. For the incorporation of an NABV you may have the Deed of Incorporation in any language as long as a translation in Dutch or English is provided as well. Shares may or may not have a par value. Furthermore, shares must be registered, whereas bearer shares may not be issued.

Use

NABVs can be used as an investment vehicle in debt instruments, securities, and deposits. Furthermore, it can also perform financing activities and function as holding company. It is an excellent and commonly used instrument for mutual funds.

Restrictions

The NABV may not be a bank or any other body, which is subject to the supervision of the Central Bank of the Netherlands Antilles.