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Requirements & Incentives

The Free Economic Zones are regulated by Curacao’s Economic Zone Law.

This grants incentives under certain requirements. Below is an overview of the requirements and incentives applicable for operations in both the Curaçao Harbor Free Economic Zone and the Curaçao Airport Free Economic Zone.

Requirements:

  • In case of  sales to the local market, regular import duties and sales tax rates are applicable when selling goods to the local market while a permit is required.
     
  • For every 1800 square feet (170 square meters) of space occupied, a minimum of one job must be created.
     
  • Submit an application form for establishment of a limited liability company under local law, dedicated exclusively to the economic zone business.
     
  • Local business license.
     
  • Work/residence permit.
     
  • Long lease land contracts require a feasibility study.
     
  • Economic zone license.

Incentives:

  • 0% Import duties.
  • 0% Turnover tax.
  • No land and property taxes.