The aim of this paper is to present a comparative
analysis between the Exempt type of company that can be found
in the commercial legislations of the Dutch overseas countries:
Aruba, Curaçao, and Sint Maarten and the one presented by
the legislations of the British overseas territories: Bermuda,
Cayman Islands, and Turks and Caicos Islands. The analysis of
the Exempt company structure is performed at the level of
incorporation conditions, capital requirements, management,
taxation in relation to the company`s activities, and accounting
and reporting requirements, all in the context of the fiscal
systems of these overseas countries and territories. The purpose
of this research is to determine if this corporate structure
follows the same patterns when it is incorporated under a civil
law based commercial code, which is specific to the three Dutch
overseas countries as compared to a common law based
commercial code, specific to the three British overseas
territories under analysis. The results of this research have
shown that even though the Exempt type of company can be
found in all six countries and territories under analysis, it
presents significant differences in approach when constructed
under the Dutch legislation, compared to the British legislation.
British overseas territories, Dutch overseas
countries, exempt company, tax haven.
Ana-Maria Geamãnu is with the Bucharest University of Economic
Studies, Romania (e-mail: firstname.lastname@example.org).
Ana-Maria Geamãnu, "
The Exempt Company – A Dutch and British Version in the
Caribbean Tax Landscape," Journal of Economics, Business and Management vol. 3, no. 12, pp.