LOWTAX.NET
CONTACT | ABOUT | LEGAL | LINKS     
   NETWORK SITES:
   LOWTAX   
   TAX-NEWS   

Jurisdiction Home Pages

Andorra
Anguilla
Aruba
Australia
Austria
Bahamas
Barbados
Belgium
Belize
Bermuda
Botswana
British Virgin Islands
Brunei
Canada
Cayman Islands
Cook Islands
Costa Rica
Cyprus
Denmark
Dubai
France
Germany
Gibraltar
Greece
Grenada
Guernsey
Hong Kong
Ireland
Isle of Man
Jersey
Labuan
Latvia
Liberia

Liechtenstein
Luxembourg
Madeira
Malaysia
Malta
Marshall Islands
Mauritius
Monaco
The Netherlands
The Netherland Antilles
Nevis
Panama
Portugal
Russia
Seychelles
Singapore
South Africa
Spain
St. Kitts
St. Vincent and the Grenadines
Switzerland
Turks & Caicos Islands
USA
UK
Vanuatu

Newsletter

To receive monthly updates on new features in lowtax.net and tax-news.com just enter your e-mail address below:

Daily Tax Quote

The Network

3,000 free pages of accurate, timely information

Tax-News.com


Daily, updated news about tax and offshore from our team of 20 international journalists

Lowtax.net

'Low-tax' business and investment in the top 50 jurisdictions covered in exceptional detail

Investors offshore.com


Global information and advice for expatriates and international investors

Offshore-e-com.com

A topical guide to offshore e-commerce focused on tax and regulation

LawAndTax-News.com


Daily news and background data on tax and legal developments for international business

>
LOWTAX OFFSHORE

ARUBA: E-COMMERCE


<

BACK TO ARUBA INFORMATION: BUSINESS, TAXATION AND OFFSHORE

On this Page:

- ARUBA OFFSHORE ACTIVITIES
- ARUBA CASE STUDIES


The Internet has yet to have much direct impact on the conduct of offshore business from Aruba, but as with all other aspects of business activity, no one can doubt that there will be an impact, that it will be soon, and that it will be substantial.


Aruba Offshore Activities

The natural bonding of the Internet and Offshore stems from the fact that both, of their nature, manage to avoid tax. Businesses which can operate on the Internet without, so to speak, touching ground in a high-tax jurisdiction will naturally migrate to offshore jurisdictions; while business that already have offshore existence will find it highly convenient to be able to use the Internet to trade with their high-tax customers without having to make a landing in their countries.

As a major offshore jurisdiction with more than ten thousand of offshore enterprises already installed, including many trading companies, it is only a matter of time before Aruba becomes a centre of e-commerce activity. The island's geographical location, its good telecommunications links and sophisticated business infrastructure add to the inevitability of an e-future for Aruba.

In September, 2005, First Atlantic Commerce Ltd (FAC), a leading Bermuda-based e-Commerce payment solutions provider, introduced an innovative solution that offers companies the ability to apply for merchant accounts in both Europe and the Netherlands Antilles, including Aruba, leveraging a single Dutch corporate structure.

FAC’s Kingdom of the Netherlands solution enables merchants acquiring through FAC’s partner banks in Europe and/or the Netherlands Antilles or both - creating a dual acquiring presence in the Latin America Caribbean Region and the European Union.

“To meet with the Card Associations cross border compliance all merchants are required to establish a corporate presence in the same jurisdiction as their settlement bank,” said FAC CEO Andrea Wilson. “Merchants who establish a Dutch Company in the Netherlands Antilles (Curacao, Sint Maarten or Aruba) are then eligible to apply for merchant accounts in both The Netherlands and the Netherlands Antilles leveraging one single Dutch corporate structure.”

FAC’s solution provides merchants with the opportunity to offer their customers a number of secure payment choices including US Dollars, Euros, Pounds Sterling, and Swiss Francs with the merchant having the choice of settlement jurisdictions within the LACR and/or Europe.

FAC’s Dutch Kingdom banking solution automatically protects eligible merchants with Verified By VISA and MasterCard SecureCode™ on qualifying VISA and MasterCard transactions. Based on the Card Associations’ 3-D Secure ™ technology, cGate®SecureVerify provides merchants with protection from fraudulent transactions, unauthorized payments and chargeback liability shift.

FAC’s banking partners in Europe and the Netherlands Antilles offer full Internet banking services enabling merchants to easily and securely manage their accounts.

First Atlantic Commerce is headquartered in Bermuda, and was established in 1998 to create secure card based payment solutions for e-businesses, FAC provides powerful technology designed to work with most merchant platforms, including Microsoft®, UNIX, and LINUX platforms. FAC’s cGate® technology offers state-of-the-art service, flexibility and security to adapt to many business and bank acquirer requirements. Business solutions such as 3-D Secure™ Payer Authentication, Virtual Corporations and offshore multi-currency payment solutions are available in the LACR and Europe.

For information about the impact of e-commerce on a number of the main offshore activities which take place in the Aruba, click on a link below to go to our specialist E-commerce site Offshore-e-com.com

 

Sales and Distribution of Physical Products
Sales and Distribution of Digital Products
Banking and Financial Services (including Investment Funds)
Corporate Support Functions

To see an analysis of the current state of legal and tax issues surrounding offshore e-commerce, click here.

BACK TO TOP

Aruba Case Studies

This section will contain case studies of e-commerce solutions applied to offshore business activities carried out from Aruba.To be kept updated as to our progress click here.

BACK TO TOP


- To receive monthly updates on new features in lowtax.net and tax-news.com just enter your e-mail address below:



<

BACK TO ARUBA INFORMATION: BUSINESS, TAXATION AND OFFSHORE


THE LOWTAX LIBRARY

One of the web's largest and most authoritative business and investment information sources. Alongside topical, daily news on worldwide tax developments, you can receive weekly newswires or access up-to-date intelligence reports on a range of legal, tax and investment subjects.

FREE TRIAL NEWS SUBSCRIPTION

Our 16 constantly updated intelligence reports cover every important aspect of 'offshore' and international tax-planning in depth, including banking secrecy, the EU's savings tax directive, offshore funds, e-commerce, offshore gaming and transfer pricing. Reports are available for immediate downloading or as subscription services with news pages.

Advertising & Marketing

With over 50,000 qualified readers every month our web-sites offer a number of cost effective, targeted advertising, sponsorship and marketing opportunities:

Display advertising - from 'skyscrapers' to 'buttons'
Content/article submission and sponsorship
Opt-in email marketing
On-line Services Directory listings

Click here to learn more or contact Peter Wiggins on +44 1424 425933 or email him at peter@lowtax.net

News & Content Solutions

Could your corporate web-site or newsletter benefit from incorporating regularly updated news and content tailored to serve your clients' interests? We can provide a variety of maintenance-free news and content solutions that can be seamlessly integrated and dynamically delivered:

Customised, personalised 'own-brand' news services
Newsletter content and management
News Headlines Tickers

Click here to learn more or contact Peter Wiggins on +44 1424 425933 or email him at peter@lowtax.net

IMPORTANT NOTICE: TAX-NEWS.COM has taken reasonable care in sourcing and presenting the information contained on this site, but accepts no responsibility for any financial or other loss or damage that may result from its use. In particular, users of the site are advised to take appropriate professional advice before committing themselves to involvement in offshore jurisdictions, offshore trusts or offshore investments. All materials on this site copyright TAX-NEWS.COM 1999 to 2007. Contact us for further information.