Supervisory panel authorities happen to be public body system that has the work of monitoring the functionality of businesses. These are quite different from organization board requires, which are established by gov departments and business boards. Public body exist to help the economy to maintain a stable and constant degree of growth. Naturally , what […]

IMC Ad Jazz 2015

IMC Trust proudly sponsors two exceptional Aruban athletes, Thijs Visser and Nicole van der Velden, who have recently made history by being the first athletes to qualify Aruba for the Olympic Games, at the sailing discipline!  Thijs and Nicole secured their ticket to the Games at the Nacra 17 World Championships held in Denmark, June 2015, and […]

IMC Ad Jazz 2012             IMC Ad Jazz 2013            IMC Ad Jazz 2014             

Aruba exits FATF follow-up process In 2009, Aruba’s anti-money laundering/countering the financing of terrorism (AML/CFT) system was subject to a mutual evaluation by the Financial Action Task Force (FATF). The mutual evaluation report (MER) was adopted by the FATF in October 2009. The MER showed a low level of compliance with the FATF Recommendations. In […]

  Aruba enacts new aircraft registration legislation   The Aruba Registry has recently enacted some new legislation to increase the flexibility of the aircraft registration program in Aruba and to meet demands from the industry. The changes were implemented in the aircraft registration regulation. This memorandum will give you an overview of the key elements […]

The managing director(s), or the legal representative(s) of NV’s, VBA’s and AVV’s, is/are legally required to file the annual financial statements at the Aruba Chamber within 8 days after the General Shareholders’ Meeting’s approval. The annual financial statements should be ready within 8 months after the financial year is completed. Due to exceptional circumstances, this […]

The Foreign Account Tax Compliance Act (“FATCA”), is a U.S. law that will enter into force on July 1, 2014. The financial reporting requirements FATCA imposes may affect the business of the Entity and the services that IMC International Management & Trust Company N.V.  (“IMC”) currently provides to the Entity, the details of which we […]

831 B Captive Insurance Company Tax and Financial Planning Primer (c) Tom Cifelli, March 23, 2012.   Introduction Tens of thousands of small to medium sized businesses (SMBs), the backbone of job growth and innovation in the US economy, could benefit by using 831(b) captives if they understood the incentives and advantages of formalizing their […]

Forbes?BrandVoice Connecting marketers to the Forbes audience. What is this? Forbes BrandVoice™ allows marketers to connect directly with the Forbes audience by enabling them to create content – and participate in the conversation – on the Forbes digital publishing platform. Each BrandVoice™ is produced by the marketer. More on BrandVoice™ here , or email us […]