WILLEMSTAD, Curaçao: One year after the dismantling of The Netherlands Antilles, the Dutch Caribbean Business Foundation has been created to serve the business community and to facilitate foreign investments to the six Dutch Caribbean countries and territories.
The relationship between The Kingdom of the Netherlands and the Dutch Caribbean was re-aligned in October 10, 2010. The Kingdom now comprises four countries (The Netherlands, Aruba, Curaçao and St. Maarten) while Bonaire, St. Eustatius and Saba are now called overseas municipalities of the Netherlands.
Dutch Caribbean Business is a quality-focused information and research-driven organization set up to provide accurate and high value business information and intelligence, advice on trade and commercial issues, as well as contacts and networking opportunities for doing business with Dutch Caribbean enterprises.
The Foundation will address the need for a dedicated and reliable source of information – in English – for doing business in the Dutch Caribbean in the wake of the information gap which grew after the dismantling of The Netherlands Antilles.
Instead of the common laws and financial regime that were common to The Netherlands Antilles [and Aruba after 1986], each entity of the Dutch Caribbean will now have its own laws and financial policy.
With each entity running its own financial policy, different currencies will be legal tender in the different entities of the Dutch Caribbean leading to more disparity than before. Combined with various tax laws and other financial measures taken by the respective governments, continuous updates will be needed for the local and overseas business communities.
Key focus areas of Dutch Caribbean Business will include financial services, the legal environment and other industry sectors of concern to overseas investors.
To provide the most accurate and current information on anything to do with doing business in the Dutch Caribbean, the new Foundation will work with a team of independent contributors, experts and supporters of the private and public sector networking both in the Dutch Caribbean and in the Netherlands.
Dutch Caribbean Business aims to use its network to provide the information and services needed for economic development and sustainable growth.
For further information, visit www.dutchcaribbeanbusiness.org.