This week’s questions
and answers:
Enrique Hernandez: How easy or difficult is it for a new company
to enter the vacation rental/real estate industry on Aruba?
Miriam Engeln: To
start a new business in Aruba the following; in case the owner was not born in
Aruba but is considered local, first she/he should apply for a business license
at the Department of Economic Affairs. When there is more than one person
involved, the partners are required to register a general partnership. A sole
proprietorship is a legal form with only one proprietor, who is personally
liable for all of the business’ actions.
The sole
proprietorship is reserved for locals (Arubans) or people who are considered
local. When the owner of the sole proprietorship is born in Aruba with the
Dutch nationality and at least 18 of age, she/he is exempted from the business
license requirement and can make an appointment to register the sole
proprietorship at the Aruba Chamber. For more information please visit the websites:
http://www.arubachamber.com/
Email your real
estate questions to email address; mdengeln@yahoo.com and a selection of your questions will be answered
each Saturday in this newspaper Aruba Daily.
Miriam has been writing about and selling Real Estate
in ARUBA, since the year 2004 on this lovely sunny island.
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