OrbitaxOrbitax

Aruba Repeals San Nicolas Special Zone Regime

|Approved Changes|Aruba
Aruba

Aruba has repealed the San Nicolas special zone tax regime effective 1 February 2018. The regime provides various tax benefits for qualifying companies, including beneficial tax rates, dividends withholding tax exemption, reduced property tax, and others. The regime is repealed as a result of Aruba's commitments in relation to its exclusion from the EU's list of non-cooperative jurisdictions in…

Continue Reading