Why Register a vessel in Curaçao? - Vessels
registered in Curaçao may fly the prestigious "red, white and blue" of the Netherlands Kingdom but are subject to the favorable jurisdiction of Curaçao. The Netherlands
is an internationally well respected seagoing nation with high safety
standards.
- Curaçao
law provides both for “bareboat-in” as well as “bareboat-out”, from/to any
country which allows parallel registration.
- Vessels
owned by companies which are established in Curaçao, the EU-memberstates, United States of America, Norway, Switzerland, Iceland and Liechtenstein, are
allowed to register in Curaçao.
- Very
flexible nationality requirements for crew members.
- Exemption
from all social security contributions and income/wage tax for all crew members
irrespective of their nationality.
- Shipping
companies may opt for taxation based on net tonnage instead of being taxed on
their actual operating results. An enterprise operating a ship can opt for this
facility provided that certain conditions are met. The taxation amounts to USD 0.39 - USD 0.12 per net-ton yearly (depending on the size of the vessel),
minimum USD 565 per year.
- A
great advantage of the Curaçao Tonnage tax is the very broad definition of the
taxable profits. In principle ‘every legitimate use of a vessel’ (outside the
territorial waters of Curaçao) is eligible for the Tonnage Tax. Thus
specialized ships like Survey-, fishing-, cable-laying- and dredging vessels,
tugboats, (oil-)rigs etc. all qualify for tonnage-based taxation.
- The Tonnage rule can be stopped any time when for example a vessel is sold. The profit out of this sale is free of tax.
- Curaçao
offers a secure legal system with a trustworthy shipsregister for ownership and
registration of mortgages. Internationally renowned financial institutions are
fully accepting and covering ships registered in Curaçao.
- Curaçao
offers excellent notaries, lawyers, accountants and Shipmanagement companies
providing very adequate services.
- The
shipping industry as a whole is very well developed on Curaçao offering great
port-facilities and excellent support services.
But there is much more to consider.....
|
|
