Global Law Experts top search results to help tackle law in Curaçao

Common legal issues in Curaçao often involve property disputes, commercial contract conflicts, tax compliance, and family law matters. Additionally, regulatory concerns in the finance and maritime sectors appear regularly due to Curaçao’s strategic role in trade and offshore services. Effective legal advice is crucial in addressing these matters while ensuring compliance with local and international regulations applicable in this jurisdiction.

In Curaçao, common criminal offenses include drug trafficking, theft, fraud, and assault. Penalties vary widely depending on the seriousness of the offense, ranging from fines and community service to imprisonment. The legal system focuses on both justice and rehabilitation, with judges carefully assessing each case’s circumstances to deliver fair sentences while safeguarding public safety across the region.

Businesses in Curaçao must comply with corporate income tax, value-added tax (VAT), and payroll tax regulations. Corporate tax rates are competitive to encourage investment, but companies must carefully adhere to reporting deadlines and documentation requirements. Curaçao also offers tax incentives for specific industries, making it attractive while ensuring compliance with international standards and local tax laws.

Buying property in Curaçao involves a due diligence phase to verify ownership and any liens, followed by signing a purchase agreement, often with a notary. The transaction is completed by registering the deed with the Land Registry. Foreign buyers should be aware of possible restrictions and additional approval requirements, especially on protected or strategic lands, ensuring legal security throughout the purchase.

A Besloten Vennootschap (BV) is a popular private limited company structure in Curaçao that offers shareholders protection from personal liability. It features controlled share transfer rules and flexible management options. Setting up a BV involves registering with the Trade Register and meeting local corporate requirements, including minimum capital standards, making it a practical choice for many business owners.